Global Automotive Air Conditioning market Information Report by Type (Embedded, Integrated, tethered), by services (Information & Navigation, Safety & Security, Entertainment, Remote Diagnostics) by vehicle type (Passenger Car, LCV, HCV) and By Region - Global Forecast To 2022

Pune, India -- (SBWire) -- 02/08/2018 --Market Research Future published a research report on "Global Automotive Air Conditioning Market Research Report- Forecast 2022" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Denso Corporation (Japan), Hanon Systems (South Korea), Mitsubishi Heavy Industries Ltd.(Japan), MAHLE GmbH (Germany), Valeo SA (France), Keihin Corporation(Japan) and Calsonic Kansei Corporation (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Automotive Air Conditioning Market.

Automotive Air Conditioning Market – Overview

Private car rental players such as Uber, Ola, Lyft, and Sidecar have made air conditioning as their basic requirement to enhance customer value proposition. Increasing income level and growing middle-class population are expected to boost industry growth over the forecast period.

Reduction in system size and weight of the system will spur industry growth over the next seven years. Government initiatives to curb global warming are expected to lead to the introduction of energy efficient and green technology solutions.

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Owing to growing overall automotive air conditioning system consumption, coupled with technological advancements to provide better equipment at competitive cost, the global market for automotive air conditioning system compressor is expected to register significant growth over the forecast period.

Automotive Air Conditioning Market – Competitive Analysis

The automotive air conditioning market appears to be competitive with the presence of several large and small players operating in the Market. These Key players compete based upon pricing, quality, Technology and reputation. Automotive Air Conditioning Market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Market strive to respond to the growing demand for air conditioning in automotive applications. They ensure to deliver the best quality products based on innovative technologies, and best practices.

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. The manufactures strive to develop products which deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Industry/ Innovation/ Related News:

Sep 2017- Mitsubishi Heavy Industries Thermal Systems, Ltd., has relocated its air-conditioning & refrigeration (AC&R) systems operations, which covers products like centrifugal chillers and heat source controllers, from Takasago to Kobe. The relocation is part of MHI Group's business strategy for expanding scale and earnings in its growth businesses.

Jan 2017 - Hanon Systems continued to grow its business delivering market-leading technologies to a diverse customer base. With a strategic focus on solutions for e-mobility, autonomous vehicles and conventional automotive platforms, the company's backlog continues to grow faster than the market and reflects contributions from all areas of its business – HVAC; powertrain cooling; compressors; fluid transport; and thermal and emissions.

December 2014- Denso announced its investment in Turkish manufacturers of air conditioners and refrigerator system DJ COOL Corporation.

June 2014- Hanon Systems announced that it had reached an agreement to acquire a majority stake in Japan Climate Systems (JCS) for USD 6.4 million to expand its product capabilities and serve the increasing customers in China.

January 2013- Valeo released its first passenger compartment air conditioning filter that helps in reducing allergies inside the vehicle during air filtration.

August 2012- Japan Climate Systems Corporation announced that the Hiroshima plant has exceeded 10 million units of total HVAC production.

June 2010- DENSO Corporation has developed a smaller, lighter and more efficient air-conditioning system for hybrid buses. The air-conditioning system has an integrated electric compressor, which uses about 50 percent less power compared to DENSO's previous system. DENSO's new system uses battery power, which allows the air-conditioning system to operate while the engine is stopped.

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Target Audience

- Manufactures
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager

Automotive Air Conditioning Market – Segmentation

The global automotive air conditioning market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by technology - Manual, Automatic

Segmentation by Vehicle type - Passenger vehicle, Commercial vehicle

Segmentation by Component - Compressor, Evaporator, Receiver and Condenser

Segmentation by Regions: California, Texas, Washington and Others

Automotive Air Conditioning Market – Regional Analysis

Asia Pacific automotive air conditioning market is anticipated to witness growth owing presence of the major automobile manufacturers and increasing vehicle demand in developing nation such as India and China. Government initiatives to revive the auto industry are anticipated to propel industry growth over the forecast period. Increasing production and rising population are anticipated to make India and China key regions for growth over the forecast period.

North America automotive air conditioning market is estimated to witness growth due to improving the macroeconomic condition and increasing vehicle production in the region. Additionally, increase disposable income in the U.S. is expected to boost regional growth over the forecast period.

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The report for Global Automotive Air Conditioning Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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