Research
Nester published a report titled “Automotive HVAC Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global automotive HVAC market in terms of market segmentation by
component, vehicle type, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global automotive HVAC market is anticipated
to grow at CAGR of ~6% over the forecast period, i.e., 2022 – 2030. The market
is segmented on the basis of vehicle type, into passenger vehicle, commercial
vehicle, and others, out of which, the passenger vehicle segment is anticipated
to garner the largest share in the market over the forecast period, owing to
the increasing sale of passenger vehicles. According to the report of the International
Organization of Motor Vehicle Manufacturers, out of the 77.97 vehicles sold in
2020, only 24.3 million vehicles were commercial, while over 53.5 million were
passenger vehicles.
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Report: https://www.researchnester.com/sample-request-3368
The global automotive HVAC market is estimated
to witness growth on account of increasing sales of vehicles, along with rising
demand for comfort in the vehicles. As people are spending more time in their
vehicles, it is important for the vehicles to be comfortable and well
ventilated. This is expected to boost the demand for HVAC systems in
automobiles in the upcoming years. Moreover, increasing technological
development and innovation is also foreseen to boost the market growth.
On the basis of geographical analysis, the
global automotive HVAC market is segmented into five major regions including
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
region. The market in the Asia Pacific region is estimated to garner a
significant market share over the forecast period, owing to the presence of
major automobile manufacturers in the region. Along with this, the sale of
vehicles is increasing owing to the growing population of the region, which is
further estimated to boost the market growth.
The research was global in nature and conducted in North America (U.S.,
Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark),
Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South
Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of
Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and
Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity
Analysis, market players competitive study, investment opportunities, demand
for future outlook etc. have been covered and displayed in the research report
to ensure it dives deep to achieve strategic competitive intelligence in the
segment.
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More Information@ https://www.researchnester.com/reports/automotive-hvac-market/3368
Rising
Demand for Comfort in Vehicles to Boost the Market Growth
The
global production of automobiles crossed 75 million units in 2020.
HVAC, or
heating ventilation and air conditioning system is an essential part of
automobiles, as it provides safety and comfort to the passenger. The adoption
of HVAC system in vehicles is increasing owing to the rising demand for comfort
in the vehicle. Moreover, the increasing production of cars is projected to
directly impact the demand for HVAC systems in automobiles.
“The
Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, increasing
prominence of public transport is expected to operate as key restraint to the
growth of the market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global automotive HVAC market which includes company profiling
of Sanden Holdings Corporation, Visteon Corporation, Marelli Holdings Co., Ltd.,
BorgWarner Inc., Halla Climate Control Corp., MAHLE Behr GmbH & Co. KG, Robert
Bosch GmbH, Continental AG, VALEO, Denso Corporation, and others. The profiling
enfolds key information of the companies which encompasses business overview,
products and services, key financials and recent news and developments. On the
whole, the report depicts detailed overview of the global automotive HVAC
market that will help industry consultants, equipment manufacturers, existing
players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-3368
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
Contact for more
Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
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