The global passenger vehicle HVAC industry market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the passenger vehicle HVAC industry is driven by factors such as increasing demand for luxury cars and SUVs, rising disposable income in developing countries, and growing awareness about air quality among consumers.
The global passenger vehicle HVAC industry market can be segmented on the basis of type into manual HVAC and automatic HVAC; on the basis of application into sedan and SUV; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The APAC region is expected to witness significant growth during the forecast period owing to increasing demand for luxury cars in China and India.
Some Of The Growth Factors Of This Market:
- The Passenger Vehicle HVAC Industry is expected to reach $6,890 million by 2022.
- Increasing demand for passenger vehicles in emerging economies such as China and India will drive the growth of the industry.
- Increasing demand for air conditioning systems in passenger vehicles will drive the growth of the industry.
- Increasing demand for electric cars will also drive the growth of this industry.
Industry Growth Insights published a new data on “Passenger Vehicle HVAC Industry Market”. The research report is titled “Passenger Vehicle HVAC Industry Market research by Types (Manual HVAC, Automatic HVAC), By Applications (Sedan, SUV, Others), By Players/Companies Denso, Hanon Systems, Valeo, MAHLE Behr, Delphi, Sanden, Calsonic Kansei, SONGZ Automobile, Eberspächer, Xinhang Yuxin, Keihin, Gentherm, South Air International, Bergstrom, Xiezhong International, Shanghai Velle, Subros, Hubei Meibiao”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle HVAC Industry Market Research Report
By Type
Manual HVAC, Automatic HVAC
By Application
Sedan, SUV, Others
By Companies
Denso, Hanon Systems, Valeo, MAHLE Behr, Delphi, Sanden, Calsonic Kansei, SONGZ Automobile, Eberspächer, Xinhang Yuxin, Keihin, Gentherm, South Air International, Bergstrom, Xiezhong International, Shanghai Velle, Subros, Hubei Meibiao
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle HVAC Industry Market Report Segments:
The global Passenger Vehicle HVAC Industry market is segmented on the basis of:
Types
Manual HVAC, Automatic HVAC
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
Sedan, SUV, Others
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:
- Denso
- Hanon Systems
- Valeo
- MAHLE Behr
- Delphi
- Sanden
- Calsonic Kansei
- SONGZ Automobile
- Eberspächer
- Xinhang Yuxin
- Keihin
- Gentherm
- South Air International
- Bergstrom
- Xiezhong International
- Shanghai Velle
- Subros
- Hubei Meibiao
Highlights of The Passenger Vehicle HVAC Industry 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:
- Manual HVAC
- Automatic HVAC
- By Application:
- Sedan
- SUV
- Others
- 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 Passenger Vehicle HVAC Industry 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?
The passenger vehicle HVAC industry is a $27 billion global market that employs over 1.5 million people. The industry produces air conditioning and heating systems for cars, trucks, buses, and other vehicles.
Some of the major players in the passenger vehicle hvac industry market are Denso, Hanon Systems, Valeo, MAHLE Behr, Delphi, Sanden, Calsonic Kansei, SONGZ Automobile, EberspƒÂ¤cher, Xinhang Yuxin, Keihin, Gentherm, South Air International, Bergstrom, Xiezhong International, Shanghai Velle, Subros, Hubei Meibiao.
The passenger vehicle hvac industry market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Passenger Vehicle HVAC Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Passenger Vehicle HVAC Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Passenger Vehicle HVAC Industry Market - Supply Chain
4.5. Global Passenger Vehicle HVAC Industry Market Forecast
4.5.1. Passenger Vehicle HVAC Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Passenger Vehicle HVAC Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Passenger Vehicle HVAC Industry Market Absolute $ Opportunity
5. Global Passenger Vehicle HVAC Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
5.3.1. Manual HVAC
5.3.2. Automatic HVAC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Passenger Vehicle HVAC Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
6.3.1. Sedan
6.3.2. SUV
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Passenger Vehicle HVAC Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Passenger Vehicle HVAC Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Passenger Vehicle HVAC Industry Demand Share Forecast, 2019-2026
9. North America Passenger Vehicle HVAC Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
9.4.1. Sedan
9.4.2. SUV
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
9.7.1. Manual HVAC
9.7.2. Automatic HVAC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Passenger Vehicle HVAC Industry Demand Share Forecast, 2019-2026
10. Latin America Passenger Vehicle HVAC Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
10.4.1. Sedan
10.4.2. SUV
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
10.7.1. Manual HVAC
10.7.2. Automatic HVAC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Passenger Vehicle HVAC Industry Demand Share Forecast, 2019-2026
11. Europe Passenger Vehicle HVAC Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
11.4.1. Sedan
11.4.2. SUV
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
11.7.1. Manual HVAC
11.7.2. Automatic HVAC
11.8. Basis Point Share (BPS) Analyss by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Passenger Vehicle HVAC Industry Demand Share, 2019-2026
12. Asia Pacific Passenger Vehicle HVAC Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
12.4.1. Sedan
12.4.2. SUV
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
12.7.1. Manual HVAC
12.7.2. Automatic HVAC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Passenger Vehicle HVAC Industry Demand Share, 2019-2026
13. Middle East & Africa Passenger Vehicle HVAC Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Passenger Vehicle HVAC Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Application
13.4.1. Sedan
13.4.2. SUV
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Passenger Vehicle HVAC Industry Market Size and Volume Forecast by Type
13.7.1. Manual HVAC
13.7.2. Automatic HVAC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Passenger Vehicle HVAC Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Passenger Vehicle HVAC Industry Market: Market Share Analysis
14.2. Passenger Vehicle HVAC Industry Distributors and Customers
14.3. Passenger Vehicle HVAC Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Denso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hanon Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Valeo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MAHLE Behr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delphi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sanden
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Calsonic Kansei
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SONGZ Automobile
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eberspächer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xinhang Yuxin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keihin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gentherm
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. South Air International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bergstrom
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xiezhong International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Velle
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Subros
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hubei Meibiao
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
