Market Overview:
The global automotive heater control valves market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The electric segment is expected to account for a major share of the global automotive heater control valves market in terms of revenue, owing to the increasing demand for electric vehicles across the globe. The hydraulic segment is projected to register highest CAGR during the forecast period. Passenger cars are expected to account for majority share of global automotive heater control valves market in terms of application, followed by commercial vehicles. North America dominates the global automotive heater control valves market with maximum revenue contribution from U.S. Factors such as increase in sales of passenger cars and commercial vehicles; rising demand for comfort and luxury features in automobiles; and stringent emission norms are driving growth of global automotive heater control valves market . Additionally, development & adoption of advanced technologies such as electrification & automation across various applications segments would fuel growth prospects for this market over next few years.
Product Definition:
An automotive heater control valve is a thermostatic valve that helps to control the temperature of air blown into the passenger compartment of a vehicle. The valve opens and closes in response to changes in engine coolant temperature, allowing more or less hot coolant to flow through the heater core. This in turn regulates the amount of heat entering the cabin.
Electric:
Electric heaters control the temperature of engine coolant and are used to raise or lower the engine's operating range. The electric heating system is more efficient than a mechanical one, as it uses electricity to convert a larger portion of the waste heat into useful energy.
The automotive heater control valves market has been witnessing strong growth over the past few years owing to increasing demand for passenger cars in developing countries such as India and China.
Hydraulic:
The hydraulic system is used to control the flow of a fluid. It is one of the most important systems in an automobile as it ensures safety and comfort. The automotive industry has been witnessing technological advancements for many years, leading to more complex designs with greater efficiency. One such advancement includes heaters that are used to control the temperature inside vehicles, which work by drawing heat from a large metal pipe run through a car engine block and out through exhaust pipes at the rear of each vehicle.
Application Insights:
The passenger cars segment held the largest share of over 60.0% in 2017. The use of automotive heater control valves for controlling the temperature inside a vehicle cabin is standard practice across all modern vehicles, as it helps in maintaining a comfortable climate inside the car, irrespective of its setting outside. These devices are also used to control other functions such as air circulation and ventilation within a vehicle cabin.
These functions help improve driver comfort and reduce fatigue on long journeys, thereby promoting safer driving habits among consumers around the world.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising demand from developing countries such as China, India, and Japan. In addition, increasing sales of passenger cars in these countries coupled with favorable government regulations are anticipated to drive the market further. Europe also held a significant share of global market owing to high demand from major manufacturers including Volkswagen Group and BMW AG along with other small-scale players operating within this region. North America is projected to witness substantial growth over the forecast period owing to technological advancements along with increased focus on fuel economy by regulatory bodies such as U.S Environmental Protection Agency (EPA) and California Air Resources Board (CARB).
Growth Factors:
- Increasing demand for vehicles with enhanced comfort and convenience features
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive heater control valves that improve performance and efficiency
- Stringent emission norms across the globe driving the demand for more fuel-efficient vehicles
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Heater Control Valves Market Research Report
By Type
Electric, Hydraulic
By Application
Passenger Cars, Commercial Vehicles
By Companies
Bosch, Flomatic Corp, Continental Automotive, Rotex Automation, Voss, Danfoss Power Solutions, Wason Technology, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Heater Control Valves Market Report Segments:
The global Automotive Heater Control Valves market is segmented on the basis of:
Types
Electric, Hydraulic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Flomatic Corp
- Continental Automotive
- Rotex Automation
- Voss
- Danfoss Power Solutions
- Wason Technology
- Bosch
Highlights of The Automotive Heater Control Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Hydraulic
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Heater Control Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive heater control valves are used to regulate the flow of air into and out of the engine in order to maintain a desired temperature.
Some of the key players operating in the automotive heater control valves market are Bosch, Flomatic Corp, Continental Automotive, Rotex Automation, Voss, Danfoss Power Solutions, Wason Technology, Bosch.
The automotive heater control valves market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Heater Control Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Heater Control Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Heater Control Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Heater Control Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Heater Control Valves Market Size & Forecast, 2018-2028
4.5.1 Automotive Heater Control Valves Market Size and Y-o-Y Growth
4.5.2 Automotive Heater Control Valves Market Absolute $ Opportunity
Chapter 5 Global Automotive Heater Control Valves Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Heater Control Valves Market Size Forecast by Type
5.2.1 Electric
5.2.2 Hydraulic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Heater Control Valves Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Heater Control Valves Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Heater Control Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Heater Control Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Heater Control Valves Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Heater Control Valves Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Heater Control Valves Market Size Forecast by Type
9.6.1 Electric
9.6.2 Hydraulic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Heater Control Valves Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Heater Control Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Heater Control Valves Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Heater Control Valves Market Size Forecast by Type
10.6.1 Electric
10.6.2 Hydraulic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Heater Control Valves Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Heater Control Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Heater Control Valves Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Heater Control Valves Market Size Forecast by Type
11.6.1 Electric
11.6.2 Hydraulic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Heater Control Valves Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Heater Control Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Heater Control Valves Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Heater Control Valves Market Size Forecast by Type
12.6.1 Electric
12.6.2 Hydraulic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Heater Control Valves Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Heater Control Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Heater Control Valves Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Heater Control Valves Market Size Forecast by Type
13.6.1 Electric
13.6.2 Hydraulic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Heater Control Valves Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Heater Control Valves Market: Competitive Dashboard
14.2 Global Automotive Heater Control Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Flomatic Corp
14.3.3 Continental Automotive
14.3.4 Rotex Automation
14.3.5 Voss
14.3.6 Danfoss Power Solutions
14.3.7 Wason Technology
14.3.8 Bosch
