Worldwide Automotive HVAC market will reach 29 Billion US$ by the end of 2025, growing at a CAGR of 3.1% during 2018-2025.
Automotive HVAC (HVAC is an abbreviation for heating, ventilation and air conditioning systems) is a system consisting of three sub-systems that all work together to provide conditioned air to the cabin. The heating part can raise the temperature inside the car using heat from the engine. The ventilation part moves and directs the air within the cabin. And the air condition part can remove the heat from the car by cooling and dehumidifying the air with a refrigerant.
In recent years, the automotive HVAC market has enjoyed a large development, with the fast development of the automotive industry. Many automotive manufacturers have built the plant in China in recent years. To meet the local demand, many automotive HVAC manufacturers have transferred their production bases to China.
In general, the development of the global automotive HVAC market is promising and the sales growth rate in China may be higher than other regions in the next several years.
The global Automotive HVAC market will reach 29000 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2018-2025.
Global Automotive HVAC Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 99 pages report.
This market report provides in-depth analytics of the Automotive HVAC industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Automotive HVAC market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Air International Thermal Systems
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Sport Utility Vehicle
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.