San Francisco, California, August 01, 2017: The growing demand for modern automatic temperature control in cars for maintaining air quality in and out of the cabin is a key factor driving the evolution of the heating ventilation and air conditioning (HVAC) market. The substantial demand for integrated cabin comfort through the rising use of sophisticated radiation and light sensors for enhanced safety and comfort of the passengers and driver is a prominent trend driving the HVAC market. A new report penned by TMR Research, titled “Automotive HVAC Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025”, offers a detailed assessment of such factors and trends influencing the growth of the HVAC market.
The report offers in-depth insights into the key market dynamics, notable trends and lucrative avenues, share and size of various applications, regulatory landscape in major regions, recent technological advancements, and competitive dynamics. The growing number of automobiles, particularly passenger cars, has spurred the demand for HVAC systems in several developing and developed nations. The adoption of HVAC is driven by their ability to provide the best possible environment for passengers and drivers in terms of safety and comfort.
The growing application of modern humidity sensors has significantly enhanced entire cabin atmosphere, thereby catalyzing the automotive HVAC market. The rising application of air quality sensors in HVAC control units is constantly improving technologies for delivering heating and cooling to the car occupants. This has propelled the demand for automotive HVAC. The advent of sensitive, rapid-response, low-cost and maintenance-free gas analyzers is anticipated to boost the automotive HVAC market.
However, the increased complexity associated with the implementation of HVAC technology is a key factor likely to hinder the market to an extent. Nevertheless, the intensifying emission regulatory norms in several developed and developing nations has put demands on manufacturers in installing advanced controls. This is likely to provide a robust impetus to the global market. In addition, the rising adoption of high-performing HVAC systems in luxury and mid-to-entry level cars is anticipated to provide lucrative growth avenues to manufacturers.
The reduction of engine components in improving the fuel economy of automobiles has put a demanding pressure on the ability of thermoplastics for thermal management in vehicles. This is expected to unlock exciting opportunities for several market players. For instance, the advent of use of advanced refrigerants by automakers is a key factor expected to accentuate the market in the coming years.
Regionally, Asia Pacific is projected to develop as the most lucrative market for automotive HVAC. A substantial production of vehicles in nations such as Japan, China, and India and has offered abundant opportunities for vendors and automotive manufacturers. Meanwhile, North America is anticipated to witness a rising demand for automotive HVAC, driven by a burgeoning automobile industry.
Key players in the automotive HVAC market include Imasen Electric Industrial Co., Ltd., Denso Corporation, Japan Climate Systems Corporation, Keihin Corporation, Air International Thermal Systems, Toyota Industries Corporation, Inalfa Roof Systems Group B.V., Calsonic Kansei Corporation, and Delphi Automotive PLC.
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