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Automotive HVAC System Market by Technology (Manual, Automatic) and Vehicle (Cars, LCV, HCV) - Global Opportunity Analysis and Industry Forecast, 2015-2022

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AU_16115
Pages: 140
Jun 2016 | 5195 Views
 
Author's : Smriti Loomba
Tables: 38
Charts: 85
 

Automotive HVAC System Market Overview:

Automotive HVAC System Market is expected to garner $22.8 billion by 2022, registering a CAGR of 8.9% during the forecast period 2016-2022. Heating, ventilation, and air conditioning (HVAC) system in a vehicle is used for controlling the internal temperature of the vehicle cabin. It includes three subsystems, namely, heating, cooling, and air conditioning, that work together to provide purified air to the vehicle cabin, ensuring thermal comfort to drivers and passengers. It controls the air temperature, inspects the moisture content in the air, and eliminates excessive humidity from the circulating air. Well-established companies, such as Audi, Mercedes, and BMW, focus on customized and consumer-friendly HVAC systems. For instance, the BMW 6 Series supports automatic air conditioning, including air distribution for driver and passengers, fogging sensor, and automatic climate control system.

The automotive HVAC system market growth is driven by automatic climate control feature, increasing demand for thermal systems, rising safety concerns, and adoption of eco-friendly refrigerants. On the other hand, the use of polluting refrigerants is expected to hinder the adoption of this system. Use of environment-saving refrigerants and adoption of geothermal pumps are anticipated to foster the growth of the automotive HVAC system market.

The world automotive HVAC system market is segmented on the basis of technology, vehicle type, and geography. On the basis of technology, it is categorized into manual and automatic; whereas by vehicle type, it is categorized into passenger cars, and commercial vehicles, including light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). On the basis of geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA. However, Asia-Pacific, specifically countries including China, Japan, South Korea, and India, is expected to show a significant growth during the analysis period.

Key players operating in the world automotive HVAC system market are, Sensata Technologies Inc., Calsonic Kansei Corporation, Denso Corporation, Hanon Systems, Keihin Corporation, Johnson Electric Holdings Ltd, Sanden Holdings Corporation, Valeo, Japan Climate Systems Corporation and MAHLE GmbH.

Automotive HVAC System Market

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Key Benefits

  • The report includes an in-depth analysis of the world automotive HVAC system market, including current trends, drivers, restraints, and growth opportunities.
  • Porter’s Five Forces model illustrates the potency of buyers and sellers, which is expected to help market players to adopt effective strategies.
  • Value chain analysis provides a clear understanding of the key intermediaries involved and their respective roles at every stage.
  • Key market players are profiled to provide an understanding of the strategies adopted by them.
  • Quantitative analysis of current market trends and future estimations for 2016-2022 are provided to indicate the financial competency.

Automotive HVAC System Market Key Segmentation:

By Technology

  • Manual
  • Automatic

By Vehicle Type

  • Cars
  • Commercial Vehicles
    • Light Commercial Vehicles (LCVs)
    • Heavy Commercial Vehicles (HCVs)

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • U.K.
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • South Africa
    • Brazil
    • U.A.E
    • Rest of LAMEA

Key Players

  • Sensata Technologies Inc.
  • Keihin Corporation
  • Calsonic Kansei Corporation
  • Sanden Holdings Corporation
  • Valeo
  • Denso Corporation
  • Hanon Systems
  • Johnson Electric Holdings Ltd
  • Japan Climate Systems Corporation
  • Mahle GmbH
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Market segmentation
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.2.3 Top winning strategies

3.3 Porters five forces analysis

3.3.1 Moderate threat of backward integration and availability of raw materials lead to moderate bargaining power of suppliers
3.3.2 Low switching cost and possibility of backward integration lead to high bargaining power of buyers
3.3.3 Unavailability of substitute products results in low threat of substitution
3.3.4 Presence of global market players and moderate product differentiation result in moderate competitive rivalry
3.3.5 High capital investment and stringent government regulations minimize the threat of new entrants

3.4 Value chain analysis
3.5 Market share analysis, 2015
3.6 HVAC components- an overview

3.6.1 Evaporator
3.6.2 Condenser
3.6.3 Accumulator
3.6.4 Compressor
3.6.5 Receiver-drier
3.6.6 Expansion valve
3.6.7 Others (heating core, equipment fan, orifice tube)

3.7 Market dynamics

3.7.1 Drivers

3.7.1.1 Automatic temperature control system
3.7.1.2 Use of eco-friendly refrigerants
3.7.1.3 Increase in safety
3.7.1.4 Demand for thermal comfort

3.7.2 Restraints

3.7.2.1 Use of r134a refrigerant

3.7.3 Opportunities

3.7.3.1 Use of environment friendly refrigerants
3.7.3.2 Adoption of geo-thermal heat pumps

Chapter: 4 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY TECHNOLOGY

4.1 Overview
4.2 Manual

4.2.1 Key trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Automatic

4.3.1 Key trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

Chapter: 5 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE

5.1 Overview
5.2 Cars

5.2.1 Key trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Commercial vehicle

5.3.1 Market size and forecast
5.3.2 Light commercial vehicle (LCV)

5.3.2.1 Key trends
5.3.2.2 Key growth factors and opportunities
5.3.2.3 Market size and forecast

5.3.3 Heavy commercial vehicle (HCV)

5.3.3.1 Key trends
5.3.3.2 Key growth factors and opportunities
5.3.3.3 Market size and forecast

Chapter: 6 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY GEOGRAPHY

6.1 Overview
6.2 North America

6.2.1 Key trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.2.3.1 U.S.
6.2.3.2 Canada
6.2.3.3 Mexico

6.3 Europe

6.3.1 Key trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

6.3.3.1 Germany
6.3.3.2 Spain
6.3.3.3 U.K.
6.3.3.4 France
6.3.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 Key trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 South Korea
6.4.3.4 India
6.4.3.5 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast

6.5.3.1 South Africa
6.5.3.2 Brazil
6.5.3.3 United Arab Emirates
6.5.3.4 Rest of LAMEA

Chapter: 7 COMPANY PROFILES

7.1 Denso Corporation

7.1.1 Company overview
7.1.2 Operating business segments
7.1.3 Business performance
7.1.4 Strategic moves and developments
7.1.5 SWOT analysis

7.2 Valeo S.A.

7.2.1 Company overview
7.2.2 Operating business segments
7.2.3 Business performance
7.2.4 Strategic moves and developments
7.2.5 SWOT analysis

7.3 Hanon Systems (HVCC)

7.3.1 Company overview
7.3.2 Operating business segments
7.3.3 Business performance
7.3.4 Strategic moves and developments
7.3.5 SWOT analysis

7.4 MAHLE GmbH

7.4.1 Company overview
7.4.2 Operating business segments
7.4.3 Business performance
7.4.4 Strategic moves and developments
7.4.5 SWOT analysis

7.5 Calsonic Kansei Corporation

7.5.1 Company overview
7.5.2 Operating business segments
7.5.3 Business performance
7.5.4 Strategic moves and developments
7.5.5 SWOT analysis

7.6 Johnson Electric

7.6.1 Company overview
7.6.2 Operating business segments
7.6.3 Business performance
7.6.4 Strategic moves and developments
7.6.5 SWOT analysis

7.7 Sanden Holdings Corporation

7.7.1 Company overview
7.7.2 Operating business segments
7.7.3 Business performance
7.7.4 SWOT analysis & strategic conclusions

7.8 Sensata Technologies, Inc.

7.8.1 Company overview
7.8.2 Operating business segments
7.8.3 Business performance
7.8.4 SWOT analysis

7.9 Japan Climate Systems Corporation

7.9.1 Company overview
7.9.2 Operating business segments
7.9.3 SWOT analysis

7.10 Keihin Corporation

7.10.1 Company overview
7.10.2 Operating business segments
7.10.3 Business performance
7.10.4 Strategic moves and developments
7.10.5 SWOT analysis

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP INVESTMENT POCKETS
FIG. 3 TOP WINNING STRATEGY ANALYSIS IN AUTOMOTIVE HVAC SYSTEM MARKET
FIG. 4 TOP WINNING STRATEGY ANALYSIS IN AUTOMOTIVE HVAC SYSTEM MARKET (% COMPARISON)
FIG. 5 PORTERS FIVE FORCES ANALYSIS OF AUTOMOTIVE HVAC SYSTEM MARKET
FIG. 6 VALUE CHAIN ANALYSIS OF AUTOMOTIVE HVAC SYSTEM MARKET
FIG. 7 MARKET SHARE ANALYSIS, 2015
FIG. 8 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY TECHNOLOGY, 2015-2022 (% SHARE)
FIG. 9 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AUTOMOTIVE MANUAL HVAC SYSTEM MARKET, 2015 & 2022 (% SHARE)
FIG. 10 WORLD AUTOMOTIVE MANUAL HVAC SYSTEM MARKET REVENUE, 2015- 2022 ($MILLION)
FIG. 11 WORLD AUTOMOTIVE MANUAL HVAC SYSTEM MARKET REVENUE BY GEOGRAPHY, 2015- 2022 (%)
FIG. 12 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD AUTOMATIC HVAC SYSTEM MARKET, 2015 & 2022 (% SHARE)
FIG. 13 WORLD AUTOMATIC HVAC SYSTEM MARKET REVENUE, 2015- 2022 ($MILLION)
FIG. 14 WORLD AUTOMATIC HVAC SYSTEM MARKET REVENUE BY GEOGRAPHY, 2015- 2022 (%)
FIG. 15 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AUTOMOTIVE HVAC MARKET BY VEHICLE TYPE, 2015 & 2022 (% SHARE)
FIG. 16 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD CAR HVAC SYSTEM MARKET, 2015 & 2022 (% SHARE)
FIG. 17 WORLD CAR HVAC SYSTEM MARKET REVENUE, 2015- 2022 ($MILLION)
FIG. 18 WORLD CAR HVAC SYSTEM MARKET REVENUE, 2015- 2022 (%)
FIG. 19 WORLD COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015- 2022 ($MILLION)
FIG. 20 WORLD COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015- 2022 (%)
FIG. 21 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD LIGHT COMMERCIAL VEHICLE HVAC SYSTEM MARKET, 2015 & 2022 (% SHARE)
FIG. 22 WORLD LIGHT COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015 2022 ($MILLION)
FIG. 23 WORLD LIGHT COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015 2022 (%)
FIG. 24 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HEAVY COMMERCIAL VEHICLE HVAC SYSTEM MARKET, 2015 & 2022 (% SHARE)
FIG. 25 WORLD HEAVY COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015 2022 ($MILLION)
FIG. 26 WORLD HEAVY COMMERCIAL VEHICLE HVAC SYSTEM MARKET REVENUE, 2015 2022 (%)
FIG. 27 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015 & 2022 (% SHARE)
FIG. 28 COMPARATIVE AUTOMOTIVE HVAC SYSTEM MARKET SHARE ANALYSIS OF NORTH AMERICAN MARKET, 2015 & 2022 (% SHARE)
FIG. 29 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 30 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 (%)
FIG. 31 U.S. AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 32 CANADA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 33 MEXICO AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 34 EVOLUTION OF CO2 EMISSIONSBY FUEL
FIG. 35 COMPARATIVE AUTOMOTIVE HVAC SYSTEM MARKET SHARE ANALYSIS OF EUROPEAN MARKET, 2015 & 2022 (% SHARE)
FIG. 36 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 37 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 (%)
FIG. 38 GERMANY AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 39 SPAIN AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 40 U.K. AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 41 FRANCE AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 42 REST OF EUROPE AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 43 COMPARATIVE AUTOMOTIVE HVAC SYSTEM MARKET SHARE ANALYSIS OF ASIA-PACIFIC MARKET, 2015 & 2022 (% SHARE)
FIG. 44 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 45 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 (%)
FIG. 46 CHINA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 47 JAPAN AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 48 SOUTH KOREA AUTOMOTIVE HVAC SYSTEM MAREKT, 2015-2022 ($MILLION)
FIG. 49 INDIA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 50 REST OF ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET, 2015-222 ($MILLION)
FIG. 51 COMPARATIVE AUTOMOTIVE HVAC SYSTEM MARKET SHARE ANALYSIS OF LAMEA MARKET, 2015 & 2022 (% SHARE)
FIG. 52 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 53 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 (%)
FIG. 54 SOUTH AFRICA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 55 BRAZIL AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 56 UNITED ARAB EMIRATES AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 57 MANUFACTURING PLANTS IN TANGIER AND CASABLANCA
FIG. 58 REST OF LAMEA AUTOMOTIVE HVAC SYSTEM MARKET, 2015-2022 ($MILLION)
FIG. 59 DENSO CORPORATION: REVENUE, 2013-2015 ($ MILLION)
FIG. 60 DENSO CORPORATION: REVENUE, BY GEOGRAPHY (%)2015
FIG. 61 DENSO CORPORATION SWOT ANALYSIS
FIG. 62 VALEO: SALES, 2013-2015 ($ MILLION)
FIG. 63 VALEO: SALES BY GEOGRAPHY (%), 2015
FIG. 64 VALEO SWOT ANALYSIS
FIG. 65 HANON SYSTEMS: SALES REVENUE, 2012-2014 ($ MILLION)
FIG. 66 HANON SYSYTEMS: SALES REVENUE, BY GEOGRAPHY(%), 2014
FIG. 67 HANON SYSTEMS SWOT ANALYSIS
FIG. 68 MAHLE GMBH: NET SALES, 2013-2015 ($ MILLION)
FIG. 69 MAHLE GMBH: NET SALES, BY GEOGRAPHY (%) 2015
FIG. 70 MAHLE GMBH SWOT ANALYSIS
FIG. 71 CALSONIC KANSEI CORPORATION: NET SALES ,2014 ( $MILLION)
FIG. 72 CALSONIC KANSEI CORPORATION: NET SALES, BY GEOGRAPHY (%) ,2014
FIG. 73 CALSONIC KANSEI CORPORATION SWOT ANALYSIS
FIG. 74 JOHNSON ELECTRIC: NET SALES ,2013-2015 ($MILLION)
FIG. 75 JOHNSON ELECTRIC: NET SALES, BY GEOGRAPHY (%),2015
FIG. 76 JOHNSON ELECTRIC SWOT ANALYSIS
FIG. 77 TOTAL SALES OF SANDEN HOLDINGS CORPORATIONS 2013-2015, ($MILLION)
FIG. 78 TOTAL SALES OF SANDEN HOLDINGS CORPORATIONS BY SEGMENT, 2015 (PERCENTAGE COMPARISION)
FIG. 79 NET SALES OF SENSATA TECHNOLOGIES, INC. 2013-2015, ($ MILLION)
FIG. 80 SENSATA TECHNOLOGIES: NET SALES, BY SEGMENT (%MILLION), 2015
FIG. 81 SENSATA TECHNOLOGIES INC.- SWOT ANALYSIS
FIG. 82 JAPAN CLIMATE SYSTEMS CORPORATION SWOT ANALYSIS
FIG. 83 KEIHIN CORPORATION: NET SALES, 2013-2015, ($MILLION)
FIG. 84 KEIHIN CORPORATION: NET SALES, BY GEOGRAPHY (%), 2015
FIG. 85 KEIHIN CORPORATION SWOT ANALYSIS

List of Tables

TABLE 1 WORLD AUTOMOTIVE HVAC SYSTEMS MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 2 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 3 WORLD AUTOMOTIVE MANUAL HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 4 WORLD AUTOMATIC AUTOMOTIVE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5 WORLD AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 6 WORLD CAR HVAC SYSTEM MARKET BY GEOGRAPHY 2015-2022 ($MILLION)
TABLE 7 WORLD COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY 2015-2022 ($MILLION)
TABLE 8 WORLD LIGHT COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 WORLD HEAVY COMMERCIAL VEHICLE HVAC SYSTEM MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 10 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 11 NORTH AMERICA AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 12 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 13 EUROPE AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 14 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 15 ASIA-PACIFIC AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 16 FLEET AVERAGE CO2 EMISSIONS IN SOUTH KOREA
TABLE 17 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET BY VEHICLE TYPE, 2015-2022 ($MILLION)
TABLE 18 LAMEA AUTOMOTIVE HVAC SYSTEM MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 19 DENSO CORPORATION COMPANY SNAPSHOT
TABLE 20 DENSO CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 21 VALEO COMPANY SNAPSHOT
TABLE 22 VALEO OPERATING BUSINESS SEGMENTS
TABLE 23 HANON SYSYTEMS COMPANY SNAPSHOT
TABLE 24 HANON SYSTEMS OPERATING BUSINESS SEGMENTS
TABLE 25 MAHLE GMBH. COMPANY SNAPSHOT
TABLE 26 MAHLE GMBH OPERATING BUSINESS SEGMENTS
TABLE 27 CALSONIC KANSEI CORPORATION COMPANY SNAPSHOT
TABLE 28 CALSONIC KANSEI CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 29 JOHNSON ELECTRIC COMPANY SNAPSHOT
TABLE 30 JOHNSON ELECTRIC OPERATING BUSINESS SEGMENTS
TABLE 31 SANDEN HOLDINGS CORPORATION COMPANY SNAPSHOT
TABLE 32 SANDEN HOLDINGS CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 33 SENSATA TECHNOLOGIES, INC. COMPANY SNAPSHOT
TABLE 34 SENSATA TECHNOLOGIES INC. OPERATING BUSINESS SEGMENTS
TABLE 35 JAPAN CLIMATE SYSTEMS CORPORATION COMPANY SNAPSHOT
TABLE 36 JAPAN CLIMATE SYSTEMS CORPORATION OPERATING BUSINESS SEGMENTS
TABLE 37 KEIHIN CORPORATION COMPANY SNAPSHOT
TABLE 38 KEIHIN CORPORATION OPERATING BUSINESS SEGMENTS

 

Heating, ventilation, and air conditioning (HVAC) systems are installed in vehicles to maintain the internal climate of the vehicle cabins. The HVAC systems can be operated manually or automatically thereby allowing individuals to retain desired temperature inside the vehicle cabin. In addition, the system helps in defrosting and demisting the windows, even at low temperature, assuring thermal comfort to all the commuters. Asia-Pacific has shown a prominent growth in the automotive HVAC market owing to increased automobile manufacturing in the region. The increasing per capita income and growing preferences of customers towards automatic HVAC system would boost the market growth in APAC.

The use of polluting refrigerants, such as R134a with a GWP of 1430, is prohibited in various regions and the adoption of CO2 refrigerants with GWP of one, such as R1234yF, contributes to the growth of the world automotive HVAC system market, ensuring improved fuel efficiency. Automatic climate control, increasing demand for thermal systems, safety concerns, and use of eco-friendly refrigerants are factors that strengthen the overall market. However, high maintenance cost and inefficient fuel economy are still restraining the market growth.

DENSO Corporation is one of the largest HVAC system suppliers, offering rotary type compressors to OEMs. Such type of compressors ensures additional cooling and heating performances within the vehicle. Companies, such as Sanden Holdings Corporation and Johnson Controls, offer HVAC system not only to cars but to trucks as well. The HVAC unit is designed in such a way that it is lightweight, thereby achieving high-end performance.

 

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