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Allied Market Research

Bus HVAC Market by Type (Engine Powered HAVC and Electric Powered HAVC), by Application (Coach, Inner City Bus, and School Bus), and by Powertrain (ICE powered and Electric & hybrid): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08907
Pages: NA
Dec 2020 | 23 Views
 
Author(s) : NA
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COVID-19

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Bus Heating, Ventilation, and Air Conditioning (HVAC) Market Outlook - 2027

The HVAC system in a bus is used to control the internal temperature of the bus. The system includes heating, cooling, and air conditioning, that work together to provide purified air to the passenger and ensures thermal comfort for drivers and passengers. The HVAC system in the bus consist of condenser, evaporator, compressor, magnetic clutch, alternator, fresh air device, blower, fan, return air grille, control panel, pipeline system, and electric-controlled system. The compressor is the core component of HVAC and is mounted on the side of the engine. Additionally, the evaporator is mounted on the roof of the bus to maintain good insulation performance. With rising comfort demands from consumers, the market for bus HVAC is bolstering. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application, Powertrain

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Denso, Guchen Industry, MAHLE, Thermo King, Valeo, WABCO, American Cooling Technology, KONVEKTA, Japanese Climate Systems, SUTRAK USA

 

COVID-19 scenario analysis: 

  • COVID-19 has turned into a global crisis, evolving at an unprecedented speed and scale.
  • The locked industries have impacted heavily on manufacturing and supply chains globally.
  • The company is suffering a major loss as the loans taken from banks are usually backed by sales of vehicles. 
  • Besides, the expansion of companies would freeze and investments would reduce.
  • Moreover, the spread of novel coronavirus owing to the usage of air-conditioning was published on the Centers for Disease Control and Prevention (CDC) website. This, in turn, is affecting the market of bus HVAC.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

The rise in manufacturing and an increase in consumer demand for the air-conditioned bus is driving the market growth. Besides, rising consumer spending on comfort and luxury features are proliferating the market for bus HVAC. Additionally, growing concerns of bus passengers regarding indoor air quality are propelling the market growth. Moreover, growing long-distance traveler’s preference has shifted towards HVAC installed bus. However, high maintenance costs and a reduction in fuel efficiency due to bus HVAC are hampering the market growth. Furthermore, increasing investment in research and development activities is fueling market growth.

The Bus HVAC market trends are as follows:

Eco-friendly refrigerants in bus HVAC to flourish the market

The auto industry is under constant pressure to reduce emissions. Additionally, stringent government norms and emission standards are challenging the auto industry to find alternatives to minimize emission levels. Moreover, this trend is witnessed in the bus HVAC market too. For instance, in 2019, Eberspaecher launched an emission-free air-conditioner for electric and hybrid buses. Besides, this eco-friendly air conditioner uses environmentally friendly and safe refrigerant viz. R744. 

Automatic temperature control to drive growth

Automatic temperature control is one of the advanced technologies in the HVAC system in vehicles. The automatic temperature control takes care of the humidity level and temperature inside the bus according to weather conditions. In 2017, Hyundai Motor unveiled an all-electric bus with an automatic temperature control system that prevents the battery from overcharging and controlling battery temperature depending on weather conditions.

Key segments covered:

Segments

Sub-segments

  Type

  • Engine Powered HAVC
  • Electric Powered HAVC

  Application

  • Coach
  • Inner City Bus
  • School Bus

  Powertrain

  • ICE powered
  • Electric & hybrid

 

Key benefits of the report:

  • This study presents the analytical depiction of the Bus HVAC industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Bus HVAC market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the bus HVAC market research report:

  • What are the leading market players active in the bus HVAC market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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