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Automotive HVAC Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932044

Description

The Global Automotive HVAC Market is projected to reach USD 94.77 billion by 2033, up from USD 64.54 billion in 2023, reflecting a compound annual growth rate (CAGR) of 6.46% over the forecast period. This market encompasses the design, manufacturing, and distribution of systems that regulate the interior climate of vehicles, including temperature, humidity, and air quality, thereby ensuring passenger comfort and safety. Key components of automotive HVAC systems include compressors, evaporators, condensers, and control units, as well as the associated technologies and services. The market caters to both original equipment manufacturers (OEMs) and the aftermarket, serving a range of vehicles such as passenger cars, commercial vehicles, and others. Growth in this sector is driven by technological innovations, rising vehicle production, increasing consumer demand for advanced comfort features, and regulatory pressures related to vehicle emissions and energy efficiency.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Technology (Manual System and Automatic System)
By Component (Compressor, Condenser, Evaporator, Others)
By Vehicle Type (Passenger Cars and Commercial Vehicle)

Key players

Hanon Systems
Keihin Corporation
Air International Thermal Systems
Valeo SA
Visteon Corporation
Denso Corporation
Sanden Corporation
Sensata Technologies Inc.
MAHLE GmbH
Johnson Electric Holdings Ltd

Table of Contents

CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Technology Segement – Market Opportunity Score
4.1.2. Component Segment – Market Opportunity Score
4.1.3. Vehicle Type Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Raw Material
5.1.2. Manufacturing Process
5.1.3. Distribution Channel
5.1.4. End User
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on Global Automotive HVAC Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. MArket Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. Driver 1
6.2.2. Driver 2
6.2.3. Driver 3
6.3. Restraints
6.3.1. Restraint 1
6.3.2. Restraint 2
6.4. Opportunity
6.4.1. Opportunity 1
CHAPTER 7. Global Automotive HVAC Market, By Technology
7.1. Introduction
7.1.1. Manual System
7.1.2. Automatic System
CHAPTER 8. Global Automotive HVAC Market, By Component
8.1. Introduction
8.1.1. Compressor
8.1.2. Condenser
8.1.3 Evaporator
8.1.4 Others
CHAPTER 9. Global Automotive HVAC Market, By Vehicle Type
9.1. Introduction
9.1.1. Passenger Cars
9.1.2. Commercial Vehicle
CHAPTER 10. Global Automotive HVAC Market, By Region
10.1. Introduction
10.2. NORTH AMERICA
10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.2.2. North America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.2.3. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.4. North America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.2.5. US
10.2.5.1. US: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.2.5.2. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.5.3. US: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.2.6. CANADA
10.2.6.1. Canada: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.2.6.2. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.6.3. Canada: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.2.7. MEXICO
10.2.7.1. Mexico: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.2.7.2. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.2.7.3. Mexico: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3. Europe
10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.3.2. Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.3. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.4. Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.5. U.K.
10.3.5.1. U.K.: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.5.2. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.5.3. U.K.: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.6. GERMANY
10.3.6.1. Germany: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.6.2. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.6.3. Germany: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.7. FRANCE
10.3.7.1. France: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.7.2. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.7.3. France: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.8. ITALY
10.3.8.1. Italy: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.8.2. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.8.3. Italy: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.9. SPAIN
10.3.9.1. Spain: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.9.2. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.9.3. Spain: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.10. BENELUX
10.3.10.1. BeNeLux: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.10.2. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.10.3. BeNeLux: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.11. RUSSIA
10.3.11.1. Russia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.11.2. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.11.3. Russia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.3.12. REST OF EUROPE
10.3.12.1. Rest of Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.3.12.2. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.3.12.3. Rest of Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4. Asia Pacific
10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.4.2. Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.3. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.4. Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.5. CHINA
10.4.5.1. China: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.5.2. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.5.3. China: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.6. JAPAN
10.4.6.1. Japan: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.6.2. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.6.3. Japan: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.7. INDIA
10.4.7.1. India: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.7.2. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.7.3. India: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.8. SOUTH KOREA
10.4.8.1. South Korea: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.8.2. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.8.3. South Korea: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.9. THAILAND
10.4.9.1. Thailand: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.9.2. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.9.3. Thailand: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.10. INDONESIA
10.4.10.1. Indonesia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.10.2. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.10.3. Indonesia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.11. MALAYSIA
10.4.11.1. Malaysia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.11.2. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.11.3. Malaysia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.12. AUSTRALIA
10.4.12.1. Australia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.12.2. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.12.3. Australia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.4.13. REST FO ASIA PACIFIC
10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.5. South America
10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.5.2. South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.5.3. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.4. South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.5.5. BRAZIL
10.5.5.1. Brazil: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.5.5.2. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.5.3. Brazil: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.5.6. ARGENTINA
10.5.6.1. Argentina: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.5.6.2. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.6.3. Argentina: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.5.7. REST OF SOUTH AMERICA
10.5.7.1. Rest of South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.5.7.2. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.5.7.3. Rest of South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6. Middle East & Africa
10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
10.6.2. Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.3. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.4. Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6.5. SAUDI ARABIA
10.6.5.1. Saudi Arabia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.5.2. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.5.3. Saudi Arabia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6.6. UAE
10.6.6.1. UAE: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.6.2. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.6.3. UAE: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6.7. EGYPT
10.6.7.1. Egypt: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.7.2. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.7.3. Egypt: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6.8. SOUTH AFRICA
10.6.8.1. South Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.8.2. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.8.3. South Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
10.6.9. REST OF MIDDLE EAST & AFRICA
10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million)
CHAPTER 12. Competitive Landscape
12.1. Competitior Benchmarking 2023
12.2. Market Share Analysis
12.3. Key Developments Analysis By Top 5 Companies
12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 13. Company Profiles
13.1. Cummins Filtration
13.1.1. Hanon Systems
13.1.2. Financial Analysis
13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million
13.1.2.2. Geographic Revenue Mix, 2022 (% Share)
13.1.3. Product Portfolio
13.1.4. Recent Development and Strategies Adopted
13.1.5. SWOT Analysis
13.2. Keihin Corporation
13.3. Air International Thermal Systems
13.4. Valeo SA
13.5. Visteon Corporation
13.6. Denso Corporation
13.7. Sanden Corporation
13.8. Sensata Technologies Inc.
13.9. MAHLE GmbH
13.10. Johnson Electric Holdings Ltd

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