The key manufacturers in automotive HVAC systems market are identified as Denso Corp. (Japan), Valeo SA (France), Behr GmbH (Germany), Halla Climate Control Corp. (Korea), Delphi Automotive (U.S.), Calsonic Kansei (Japan), Visteon Corp. (U.S.)
(PRWEB) October 26, 2014
The report "Automotive HVAC Market by Vehicle Type (Passenger Cars, LCVs and HCVs), Technology (Manual and Automatic), Components and Cabin Comfort Market by Type (Power Seats, Power Windows, Heated Seats and Sunroofs) - Global Trends and Forecast to 2018", defines and segments the global automotive HVAC and cabin comfort systems market with analysis and forecasting of the global volume and revenue.
The market for Automotive HVAC systems is estimated to reach 104.6 Million Units with revenue of $38.2 Billion in 2018, while Cabin Comfort Systems Market is expected to grow to 491.1 Million Units and revenue of $85.7 Billion by 2018.
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Browse 159 market data tables and 104 figures spread through 448 pages and in-depth TOC on “Automotive HVAC Market - Global Trends & Forecast to 2018”.
Automobiles have evolved with time and play various roles in one’s life ranging from commuting purpose to status symbols. Modern day vehicles carry with them a wide range of price tags from a few thousand dollars to few million dollars. This high price differentiation is mainly due to the types of features the manufacturers have included in their vehicles. Apart from fuel economy, performance and aesthetics, there are several in-car systems that help the automobile manufacturers create a demand for their vehicles. HVAC and cabin comfort systems such as power and heated seats, sunroofs are such features, which help automobile OEMs to draw the attention of potential buyers from competing products in the market.
The rising trend in the global passenger car production and sales, increasing demand for luxury and comfort inside the cabin along with performance is expected to increase the demand for these technologies in the years ahead.
The automotive HVAC and cabin comfort systems market has been covered in depth in this report; this includes both its current and forecasted volumes and revenues by type, technology and geography. The report includes detailed analysis of the market trends and forecast; competitive landscape; company profiles, qualitative aspects of these technologies etc.
The HVAC systems find a wide application in the passenger car segment, than in light and heavy commercial vehicles. Passenger cars being the largest produced segment across all the regions and the most widely used vehicle type for commuting makes it the largest market for HVAC systems based on vehicle type. Also, the demand for more advanced HVAC systems such as the multi-zone systems has been arising majorly in the passenger car segment due to the increasing requirement of luxury and comfort in the vehicles. Thus, the automatic systems are expected to dominate the market in the coming years.
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The adoption of cabin comfort systems has been rising along with HVAC systems as these features also improve the luxury quotient of the vehicle to a great extent. At the same they also, improves the aesthetics of the vehicle; feature such as sunroofs have good impact on the look of the entire vehicle are dominantly used in the passenger car segment. The adaptation rate of cabin comfort features such as power seats, heated seats and sunroofs is expected to increase in the coming years due to increasing demand for comfort in vehicles and the growing automobile industry mainly in the BRICS nations.
The agenda of this analyst briefing is to discuss market drivers, opportunities, trends and winning imperatives for global automotive HVAC and cabin comfort systems market.
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