Automotive HVAC Market in Americas 2024-2028

Automotive HVAC Market In Americas 2024-2028


The automotive HVAC market in Americas is forecasted to grow by USD 2.11 bn during 2023-2028, accelerating at a CAGR of 6.27% during the forecast period. The report on the automotive HVAC market in Americas provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of HVAC systems in trucks, increasing launch of new automotive HVAC, and increasing demand for luxury vehicles.

Technavio's automotive HVAC market in Americas is segmented as below:

By Vehicle Type
  • Passenger vehicle
  • Commercial vehicle
By Technology
  • Automatic
  • Manual
This study identifies the increasing popularity of low-noise HVAC as one of the prime reasons driving the automotive HVAC market in Americas growth during the next few years. Also, emergence of eco-friendly automotive HVAC systems and increasing m and a activities among vendors will lead to sizable demand in the market.

The report on the automotive HVAC market in Americas covers the following areas:
  • Automotive HVAC market in Americas sizing
  • Automotive HVAC market in Americas forecast
  • Automotive HVAC market in Americas industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive HVAC market in Americas vendors that include BorgWarner Inc., Continental AG, DENSO Corp., Engineered Plastic Components Inc., ESTRA Automotive Systems Co. Ltd., Gentherm Inc., Hanon Systems, HELLA GmbH and Co. KGaA, Hitachi Ltd., Japan Climate Systems Corp., MAHLE GmbH, Marelli Holdings Co. Ltd., Mativ Holdings Inc., Mitsubishi Heavy Industries Ltd., Sanden Corp., Sensata Technologies Inc., Toyota Motor Corp., Valeo SA, Visteon Corp., and ZF Friedrichshafen AG. Also, the automotive HVAC market in Americas analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Vehicle Type
      • Table Executive Summary – Chart on Market Segmentation by Technology
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Americas - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Americas: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
  • Historic Market Size
    • Automotive HVAC market in Americas 2018 - 2022
      • Table Historic Market Size – Data Table on automotive HVAC market in Americas 2018 - 2022 ($ million)
    • Vehicle type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Vehicle type Segment 2018 - 2022 ($ million)
    • Technology Segment Analysis 2018 - 2022
      • Table Historic Market Size – Technology Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Chart on Vehicle Type - Market share 2023-2028 (%)
      • Table Data Table on Vehicle Type - Market share 2023-2028 (%)
    • Comparison by Vehicle Type
      • Table Chart on Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Passenger vehicle - Market size and forecast 2023-2028
      • Table Chart on Passenger vehicle - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Passenger vehicle - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Passenger vehicle - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Passenger vehicle - Year-over-year growth 2023-2028 (%)
    • Commercial vehicle - Market size and forecast 2023- 2028
      • Table Chart on Commercial vehicle - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Commercial vehicle - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Commercial vehicle - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Commercial vehicle - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Vehicle Type
      • Table Market opportunity by Vehicle Type ($ million)
      • Table Data Table on Market opportunity by Vehicle Type ($ million)
  • Market Segmentation by Technology
    • Market segments
      • Table Chart on Technology - Market share 2023-2028 (%)
      • Table Data Table on Technology - Market share 2023-2028 (%)
    • Comparison by Technology
      • Table Chart on Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Automatic - Market size and forecast 2023-2028
      • Table Chart on Automatic - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automatic - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automatic - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automatic - Year-over-year growth 2023-2028 (%)
    • Manual - Market size and forecast 2023-2028
      • Table Chart on Manual - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Manual - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Manual - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Manual - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology ($ million)
      • Table Data Table on Market opportunity by Technology ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography - 2023-2028 (%)
      • Table Data Table on Market share by geography - 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Brazil - Market size and forecast 2023-2028
      • Table Chart on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • Mexico - Market size and forecast 2023-2028
      • Table Chart on Mexico - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Mexico - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Mexico - Year-over-year growth 2023-2028 (%)
    • Rest of Americas - Market size and forecast 2023-2028
      • Table Chart on Rest of Americas - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of Americas - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rest of Americas - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of Americas - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Table on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing adoption of HVAC systems in trucks
      • Increasing launch of new automotive HVAC
    • Market challenges
      • Vehicle recalls due to potential HVAC compressor failure
      • Uncertainty in automotive industry
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Increasing popularity of low-noise HVAC
      • Emergence of eco-friendly automotive HVAC systems
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • BorgWarner Inc.
      • Table BorgWarner Inc. - Overview
      • Table BorgWarner Inc. - Business segments
      • Table BorgWarner Inc. - Key news
      • Table BorgWarner Inc. - Key offerings
      • Table BorgWarner Inc. - Segment focus
    • Continental AG
      • Table Continental AG - Overview
      • Table Continental AG - Business segments
      • Table Continental AG - Key news
      • Table Continental AG - Key offerings
      • Table Continental AG - Segment focus
    • DENSO Corp.
      • Table DENSO Corp. - Overview
      • Table DENSO Corp. - Business segments
      • Table DENSO Corp. - Key news
      • Table DENSO Corp. - Key offerings
      • Table DENSO Corp. - Segment focus
    • Engineered Plastic Components Inc.
      • Table Engineered Plastic Components Inc. - Overview
      • Table Engineered Plastic Components Inc. - Product / Service
      • Table Engineered Plastic Components Inc. - Key offerings
    • ESTRA Automotive Systems Co. Ltd.
      • Table ESTRA Automotive Systems Co. Ltd. - Overview
      • Table ESTRA Automotive Systems Co. Ltd. - Product / Service
      • Table ESTRA Automotive Systems Co. Ltd. - Key offerings
    • Gentherm Inc.
      • Table Gentherm Inc. - Overview
      • Table Gentherm Inc. - Business segments
      • Table Gentherm Inc. - Key news
      • Table Gentherm Inc. - Key offerings
      • Table Gentherm Inc. - Segment focus
    • Hanon Systems
      • Table Hanon Systems - Overview
      • Table Hanon Systems - Business segments
      • Table Hanon Systems - Key offerings
      • Table Hanon Systems - Segment focus
    • HELLA GmbH and Co. KGaA
      • Table HELLA GmbH and Co. KGaA - Overview
      • Table HELLA GmbH and Co. KGaA - Business segments
      • Table HELLA GmbH and Co. KGaA - Key news
      • Table HELLA GmbH and Co. KGaA - Key offerings
      • Table HELLA GmbH and Co. KGaA - Segment focus
    • Japan Climate Systems Corp.
      • Table Japan Climate Systems Corp. - Overview
      • Table Japan Climate Systems Corp. - Product / Service
      • Table Japan Climate Systems Corp. - Key offerings
    • MAHLE GmbH
      • Table MAHLE GmbH - Overview
      • Table MAHLE GmbH - Business segments
      • Table MAHLE GmbH - Key news
      • Table MAHLE GmbH - Key offerings
      • Table MAHLE GmbH - Segment focus
    • Marelli Holdings Co. Ltd.
      • Table Marelli Holdings Co. Ltd. - Overview
      • Table Marelli Holdings Co. Ltd. - Product / Service
      • Table Marelli Holdings Co. Ltd. - Key news
      • Table Marelli Holdings Co. Ltd. - Key offerings
    • Mativ Holdings Inc.
      • Table Mativ Holdings Inc. - Overview
      • Table Mativ Holdings Inc. - Business segments
      • Table Mativ Holdings Inc. - Key offerings
      • Table Mativ Holdings Inc. - Segment focus
    • Mitsubishi Heavy Industries Ltd.
      • Table Mitsubishi Heavy Industries Ltd. - Overview
      • Table Mitsubishi Heavy Industries Ltd. - Business segments
      • Table Mitsubishi Heavy Industries Ltd. - Key news
      • Table Mitsubishi Heavy Industries Ltd. - Key offerings
      • Table Mitsubishi Heavy Industries Ltd. - Segment focus
    • Toyota Motor Corp.
      • Table Toyota Motor Corp. - Overview
      • Table Toyota Motor Corp. - Business segments
      • Table Toyota Motor Corp. - Key offerings
      • Table Toyota Motor Corp. - Segment focus
    • Valeo SA
      • Table Valeo SA - Overview
      • Table Valeo SA - Business segments
      • Table Valeo SA - Key news
      • Table Valeo SA - Key offerings
      • Table Valeo SA - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings