The automotive HVAC market is anticipated to grow significantly during the forecast period. Heating, ventilation and air conditioning (HVAC) systems of automobiles facilitate indoor and vehicular environmental comfort to offer thermal comfort and acceptable indoor air quality inside automobiles. The integration of HVAC systems in automobiles has been a major development in the automobile industry. These systems have now become an integral part of the passenger vehicles. These systems are also being widely integrated by light commercial vehicle manufacturers and heavy trucks manufacturers. Different HVAC suppliers offer different system designs depending on the interior components of the vehicles, which will determine the impact of potential design changes on system performance.
At present, most of the vehicles are equipped with HVAC systems, and the number of vehicles is further expected to increase in the near future. The increasing demand for automotive HVAC systems and soaring need for more luxurious and comfortable travel are the major factors that are driving the growth of the automotive HVAC systems market across the globe. According to the report of the Organization Internationale des Constructeurs d’Automobiles (OICA), the global vehicle production unit reached over 97 million in 2017 compared to nearly 95 million units in 2016. These numbers are further anticipated to grow in the near future; thereby, propelling the market growth over the forecast period.
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Moreover, the safety and comfort of road transportation both have been improved by the integration of electronics into automobiles. Sensors integrated HVAC systems yield electronic signals by measuring parameters such as gas or humidity concentration and pressure. The key players offering automotive HVAC are making a hefty investment in R&D of HVAC systems to offer advanced automotive HVAC systems. The companies are intending to offer highly efficient automotive HVAC, which are low in cost and highly effective and can provide maximum safety and comfort. For instance, Denso publicized to help Toyota develop Prius to improve its thermal, sensing and hybrid technologies for a safer, fuel-efficient, and greener environment.
Sensata, one of the leading automotive sensor manufacturers develops and markets HVAC sensors across the globe. The company has developed a sensor that changes the pressure by reversing the curvature when the critical pressure limit is reached. This provides safety against high-pressure conditions, cuts off AC systems in case of any leaks, and controls the functioning of an AC fan and compressor. Thus, the presence of key market players in the Automotive HVAC market is expected to contribute significantly to the market growth during the forecast period.
Automotive HVAC Market Segmentation
By Type
By Vehicle Type
Automotive HVAC Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World