HVAC is a technology to maintain the internal temperature of the vehicle cabins. Automotive HVAC systems comprise of various components such as refrigeration units, blower motors, and actuators, which are coupled with ducts. Due to the increased demand for comfort in vehicles, these compressors are increasingly being used even in mass selling cars as well as commercial vehicles. There are two types of HVAC compressors: automatic HVAC compressor and manual HVAC compressor. Automatic HVAC compressors are fitted in the premium and luxury segment passenger cars.
Technavio’s analysts forecast the global automotive HVAC compressor market to grow at a CAGR of 4.73% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive HVAC compressor market for 2017-2021. To calculate the market size, the report considers the number of vehicles sold in different regions.
The market is divided into the following segments based on geography: • Americas • APAC • Europe
Technavio's report, Global Automotive HVAC Compressor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Johnson Electric • DENSO • Valeo
Other prominent vendors • Calsonic Kansei • Delphi • Visteon
Market driver • Indian government regulation to equip HCVs with air conditioners. • For a full, detailed list, view our report
Market challenge • Growing concern for increased greenhouse gases from automotive industry. • For a full, detailed list, view our report
Market trend • Growing preference for R134a cooling refrigerants. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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By Noealt Corporate Services
• Oct 2018
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