DUBLIN--(BUSINESS WIRE)--The "Automotive Heating, Ventilation, and Air Conditioning (HVAC) Compressor Market by Application and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The HVAC compressor market analysis considers sales from passenger cars, light commercial vehicles, and medium and heavy commercial vehicles.
The analysis also considers the sales of HVAC compressor in APAC, Europe, North America, South America, and MEA. In 2018, the passenger cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising production of passenger cars because of the growing demand will play a significant role in the passenger cars segment to maintain its market position.
Global HVAC compressor market report looks at factors such as increasing adoption of automotive HVAC electric compressors, increasing demand for variable displacement compressors, and increasing adoption of the HVAC system in trucks. However, uncertainties in vehicle recall due to potential HVAC compressor failure, a sharp decline in passenger car production and sales, supply-demand imbalance due to demand uncertainties across supply chain may hamper the growth of the HVAC compressor industry over the forecast period.
Global Automotive Heating, Ventilation, and Air Conditioning (HVAC) Compressor Market: Overview
Increasing adoption of HVAC systems in trucks
Truck manufacturers are increasingly installing HVAC systems in truck cabins as an option at a less additional cost. This enhances the cabins with comfortable ambiance for driving. Thus, increasing the demand for trucks across the globe. This Increasing adoption of HVAC systems in trucks will lead to the expansion of the global automotive heating, ventilation, and air conditioning (HVAC) compressor market at a CAGR of over 7% during the forecast period.
The emergence of eco-friendly automotive HVAC systems
Innovations in the field of automotive HVAC systems are focused on improving fuel efficiency by slight design changes or by light-weighting. Modifications such as circuit design, positioning increases the production cost. However, the mass adoption of this system across the globe will lead to a significant reduction in greenhouse emission in the long term. This development is expected to have a positive impact on the overall market growth.
With the presence of several major players, the global automotive heating, ventilation, and air conditioning (HVAC) compressor market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive heating, ventilation, and air conditioning (HVAC) compressor manufacturers, that include DENSO Corp., MAHLE GmbH, Mitsubishi Heavy Industries Ltd., Toyota Industries Corp. Valeo SA
Also, the automotive heating, ventilation, and air conditioning (HVAC) compressor market analysis report include information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Passenger cars - Market size and forecast 2018-2023
- Light commercial vehicles - Market size and forecast 2018-2023
- Medium and heavy commercial vehicles - Market size and forecast
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Growing development of HVAC compressors with gas injection
- Increasing popularity of low noise HVAC compressors
- Emergence of eco-friendly automotive HVAC systems
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- DENSO Corp.
- MAHLE GmbH
- Mitsubishi Heavy Industries Ltd.
- Toyota Industries Corp.
For more information about this report visit https://www.researchandmarkets.com/r/305eg9