Global Automotive Climate Control Market 2017-2021
About Automotive Climate Control
An automotive climate control system provides comfort to passengers by maintaining the right balance of air filtration, air distribution, and air purification within the vehicle cabin. It comprises five main components: a compressor, condenser, evaporator, expansion device, and drier or accumulator It provides heating, ventilation, and air conditioning to maintain good air quality and deliver thermal comfort through adequate ventilation inside vehicles.
Technavio’s analysts forecast the global automotive climate control market to grow at a CAGR of 8.91% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive climate control market for 2017-2021. To calculate the market size, the report considers the revenue of climate control system in vehicles across all regions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Climate Control Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive climate control market: DENSO, Hanon Systems, MAHLE, and Valeo.
Other prominent vendors in the market are: Air International Thermal Systems, Japanese Climate Systems Corporation, and Sanden.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing demand for multi-zone climate control in passenger cars. The development of automatic climate control has reduced the manual intervention for monitoring and controlling the temperature of the vehicle cabin. This system electronically controls the temperature and humidity and maintains the same as per user set value. The system uses sensors that are integrated with HVAC through microcontroller unit. The development of this system has increased the comfort level of the occupants to the next level and has seen rising adoption globally. For instance, Europe and Japan have reached the saturation stage for the automatic climate control system adoption. However, high volume markets like China and India are mainly still using the manual system owing to the low cost factor.”
According to the report, one of the primary drivers in the market is growing demand for automatic climate control system against manual climate control system. In the past few years, automotive climate control systems have witnessed significant growth because of the growing demand for automobiles in APAC. Automotive climate control systems manufacturers are now shifting their focus from developing manual climate control systems to automatic climate control systems. Automatic climate systems require the least human intervention. Manufacturers are striving to differentiate their products from those of their competitors by introducing compact systems, improved air quality, and sensors in climate control systems. Such technologies decrease the operational complexities and help in achieving better customer satisfaction.
Further, the report states that one major challenge in the market is need of balanced approach to curtail environmental concerns. Refrigerants used in the automobile climate control systems have a harmful impact on the environment, and this is one of the major challenges faced by the global automotive climate control market. The gas used in automobile AC systems is a greenhouse gas and hence is harmful for the environment. The global warming potential of AC gas is 1,700 times higher than carbon dioxide. A driving car takes two years to produce the equivalent amount of global warming potential that is produced when one pound of gas is leaked from a car's AC system.
DENSO, Hanon Systems, MAHLE, Valeo, Air International Thermal Systems, Japanese Climate Systems Corporation, Sanden.