Global Automotive Heating, Ventilation, and Air Conditioning (HVAC) Compressor Market 2017-2021
Report identifies Johnson Electric, DENSO, and Valeo as the key vendors in the global automotive HVAC compressor market. Report also presents a detailed analysis of the market by application (passenger cars, M&HCVs, and LCVs) and by geography (the America
(EMAILWIRE.COM, May 12, 2017 ) HVAC is a technology to maintain the internal temperature of the vehicle cabins. Automotive HVAC systems comprise of various components such as refrigeration units, blower motors, and actuators, which are coupled with ducts. Due to the increased demand for comfort in vehicles, these compressors are increasingly being used even in mass selling cars as well as commercial vehicles. There are two types of HVAC compressors: automatic HVAC compressor and manual HVAC compressor. Automatic HVAC compressors are fitted in the premium and luxury segment passenger cars.
Technavios analysts forecast the global automotive HVAC compressor market to grow at a CAGR of 4.73% during the period 2017-2021.
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The sales of the passenger cars is largely interrelated to the growth of automotive HVAC compressors market. It has been observed that the global car sales increased by about 3% during 2016 and most of the sales has been contributed by the SUV and crossovers segments in the Chinese and the European passenger car market. Additionally, the sales of SUVs and crossovers increased to about 10% in the US passenger cars market, where the growing preference for fuel efficiency and three-row seats in crossovers and SUVs are identified to be the main drivers. With the increasing demand, manufacturers such as Toyota, have already initiated their manufacturing plans to raise the production of passenger cars, which will consequently drive the growth of the automotive HVAC compressor market in the future.
Due to their various advantages such as compact design, easier installation, better performance, improved air conditioning at higher speeds, and better fuel economy, the coming years will witness an increased adoption of compact variable compressors over conventional compressors. Delphi's CVCs are already being used by General Motor in its various vehicles such as Cavalier, Malibu, Century, and Sunfire and is likely to be used by the Volkswagen Group as well.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
Technavio's report, Global Automotive HVAC Compressor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Johnson Electric
DENSO
Valeo
Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-automotive-heating-ventilation-and-air-conditioning-hvac-compressor-market-2017-2021-report.html
Other prominent vendors
Calsonic Kansei
Delphi
Visteon
Market driver
Indian government regulation to equip HCVs with air conditioners.
For a full, detailed list, view our report
Market challenge
Growing concern for increased greenhouse gases from automotive industry.
For a full, detailed list, view our report
Market trend
Growing preference for R134a cooling refrigerants.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Technavios analysts forecast the global automotive HVAC compressor market to grow at a CAGR of 4.73% during the period 2017-2021.
Request Free Sample Report - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1067131
The sales of the passenger cars is largely interrelated to the growth of automotive HVAC compressors market. It has been observed that the global car sales increased by about 3% during 2016 and most of the sales has been contributed by the SUV and crossovers segments in the Chinese and the European passenger car market. Additionally, the sales of SUVs and crossovers increased to about 10% in the US passenger cars market, where the growing preference for fuel efficiency and three-row seats in crossovers and SUVs are identified to be the main drivers. With the increasing demand, manufacturers such as Toyota, have already initiated their manufacturing plans to raise the production of passenger cars, which will consequently drive the growth of the automotive HVAC compressor market in the future.
Due to their various advantages such as compact design, easier installation, better performance, improved air conditioning at higher speeds, and better fuel economy, the coming years will witness an increased adoption of compact variable compressors over conventional compressors. Delphi's CVCs are already being used by General Motor in its various vehicles such as Cavalier, Malibu, Century, and Sunfire and is likely to be used by the Volkswagen Group as well.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
Technavio's report, Global Automotive HVAC Compressor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Johnson Electric
DENSO
Valeo
Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-automotive-heating-ventilation-and-air-conditioning-hvac-compressor-market-2017-2021-report.html
Other prominent vendors
Calsonic Kansei
Delphi
Visteon
Market driver
Indian government regulation to equip HCVs with air conditioners.
For a full, detailed list, view our report
Market challenge
Growing concern for increased greenhouse gases from automotive industry.
For a full, detailed list, view our report
Market trend
Growing preference for R134a cooling refrigerants.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Make an Enquiry - http://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1067131
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
Contact Us
90 State Street,
Albany, NY 12207,
United States
Toll Free : 866-997-4948 (US-Canada)
Tel : +1-518-621-2074
Email : press@marketresearchhub.com
Website : http://www.marketresearchhub.com/
Contact Information:
Market Research Hub
Sudip S
Tel: +1-518-621-2074
Email us
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Market Research Hub
Sudip S
Tel: +1-518-621-2074
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results