Global Air Conditioner Market For Transportation 2024-2028
The air conditioner market for transportation is forecasted to grow by USD 8.45 bn during 2023-2028, accelerating at a CAGR of 6.46% during the forecast period. The report on the air conditioner market for transportation 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 comfort and passenger experience in the transportation sector, rising global temperatures increasing the demand for air conditioning systems in the transportation sector, and rising urbanization and traffic congestion in emerging countries.
Technavio's air conditioner market for transportation is segmented as below:
By Technology
By Application
- Automotive
- Railway
- aerospace
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the adoption of alternative refrigerants for air conditioning systems as one of the prime reasons driving the air conditioner market for transportation growth during the next few years. Also, advanced climate control technologies in air conditioning systems and innovations in thermal management in the transportation sector will lead to sizable demand in the market.
The report on the air conditioner market for transportation covers the following areas:
- Air conditioner market for transportation sizing
- Air conditioner market for transportation forecast
- Air conditioner market for transportation 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 air conditioner market for transportation vendors that include Amber Enterprises India Ltd., Area Cooling Solutions, Bergstrom Climate Control Systems, Daikin Industries Ltd., Danfoss AS, Eberspacher Gruppe GmbH and Co.KG, Guchen Industry, Henan kingclima industry co. ltd., JTAC, Liebherr International Deutschland GmbH, MAHLE GmbH, Mitsubishi Electric Corp., Rifled Air Conditioning, Sphere Therm, Subros Ltd., Suzhou New Tongchuang Auto Air Conditioning Co. Ltd., The Chemours Co., ThermaGroup Ltd., Trane Technologies Plc, and Valeo SA. Also, the air conditioner market for transportation 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 way of study, synthesis, and summation of data from multiple sources through 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 accurate market growth.