Global Automotive Air Conditioning Industry: 2019 To 2023 Analysis By Size, Share, Trends, and Key Players


Posted January 18, 2019 by abhi0210

Global Automotive Air Conditioning Industry: 2019 To 2023 Analysis By Size, Share, Trends, and Key Players

 
Market Research Future Published a Half-Cooked Research Report on Automotive Air Conditioning Market Research Report. The factors that are responsible for the growth of Automotive Air Conditioning market during the forecast period. Global Automotive Air Conditioning Market By Technology (Manual and Automatic), Component (Compressor, Evaporator, Receiver and Condenser), Vehicle type (Passenger Car and Commercial Vehicle), and Regions – Forecast till 2023.

Browse More Details On The Automotive Air Conditioning Market Report at: https://www.marketresearchfuture.com/reports/automotive-air-conditioning-market-2386

The major players operating the global market are Subros Limited (India), MAHLE GmbH (Germany), Valeo SA (France), SMAC Auto Air (New Zealand), Samvardhana Motherson Group (India), Mitsubishi Heavy Industries Ltd. (Japan), Denso Corporation (Japan), Keihin Corporation (Japan), Hanon Systems (South Korea), and Calsonic Kansei Corporation (Japan).

The automotive air conditioning market is segmented based on technology, component, and vehicle type.

On the basis of technology, the market is segment into manual and automatic. The automatic technology is expected to dominate the market during the forecast period because it enables the occupants of a vehicle to set a specified temperature for one area within the automobile. The automatic air conditioning has the ability to monitor the temperature of a specified space without manual intervention. The mechanism of air conditioning system requires sensor that is placed within the system. These sensors read the current temperature of the area and matches the desire temperature defined by the occupant through the computer system within the vehicle.

On the basis of component, the market is segmented into compressor, evaporator, receiver and condenser. Compressors, are expected to dominate the market during the forecast period as they perform major tasks such as heat transfer, absorbs heat, and condense excess heat, which enter the air conditioning.

On the basis of vehicle type, the market is segmented into passenger car and commercial vehicle. Passenger car segment is expected to dominate the market during the forecast period due to the increase in the production and sales in Asia Pacific. The increase in the production of passenger cars will result in high installation of air conditioning systems in vehicles. The high installation will hence increase the sales and lead to the growth of the market in future.

With the increasing demand for commercial and passenger vehicles, initiatives from the government to build advanced air conditioning system, and change in consumer preferences are considered some of the major factors influencing the global automotive air conditioning market. There also has been rise in the production of commercial and passenger vehicles over the recent past especially in regions such as Japan, China, and India owing to the availability of low-cost labor. The rising sales of new vehicles will lead to higher installation of air conditioning in vehicles. This is further estimated to contribute to the growth of the market. Moreover, with the increase in disposable income, consumers will prefer to adopt advanced air conditioning systems, thereby fueling the market growth. Also, advancement in technology from manual to automatic air conditioning will result in growth of the market.

Table Of Contents:

1 Introduction

1.1 Definition

1.2 Scope Of Stud

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Vehicle Typology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter's Five Forces Model

4.1.1 Bargaining Power Of Suppliers

4.1.2 Bargaining Power Of Customer

4.1.3 Intensity Of Competitor's

4.1.4 Threat Of New Entrants

Continued...

Get more information on this report at: https://www.marketwatch.com/press-release/automotive-air-conditioning-market-2018-global-industry-analysis-by-size-opportunities-share-trends-growth-competitive-landscape-and-regional-forecast-to-2023-2018-07-02

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Issued By abhi
Phone 16468459312
Business Address Market Research Future Office No. 528,
Amanora Chambers Magarpatta Road, Pune
Country India
Categories Automotive , Business , Industry
Tags automotive air conditioning industry
Last Updated January 18, 2019