Automotive HVAC Market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19932044

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19932044

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

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