Global Automotive Air-conditioning System Market Growth 2023-2029

Global Automotive Air-conditioning System Market Growth 2023-2029

Automobile air conditioning systems use air conditioning to cool the air in a vehicle. The most common components which make up these automotive systems are: compressor, condenser, evaporator, orifice tube, thermal expansion valve, receiver-drier, and accumulator.

LPI (LP Information)' newest research report, the “Automotive Air-conditioning System Industry Forecast” looks at past sales and reviews total world Automotive Air-conditioning System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Air-conditioning System sales for 2023 through 2029. With Automotive Air-conditioning System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Air-conditioning System industry.

This Insight Report provides a comprehensive analysis of the global Automotive Air-conditioning System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Air-conditioning System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Air-conditioning System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Air-conditioning System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Air-conditioning System.

The global Automotive Air-conditioning System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Asia Pacific, being the largest automotive manufacturer, is expected to dominate the market over the forecast period. Countries including India, China, and Japan, have a vast network of roads leading to increased demand for automobiles.

Europe is also projected to be an emerging market with the demand for cars increasing drastically in countries including UK, Italy, Germany, and France. Change in preferences of customers towards controlling the environment and increasing the need for efficient & compact heating, ventilation, and air conditioning systems in the region are expected to augment growth. Furthermore, strict government norms and environmental regulations in the area require customers to upgrade constantly the components of the automotive thermal systems which are also expected to have a positive impact on the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Air-conditioning System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
CCOT (Cycling Clutch Orifice Tube) System
TXV (Thermal Expansion Valve) System
Other

Segmentation by application
Passenger Cars
LCVs
HCVs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Valeo
Denso Corporation
Delphi
Eberspächer
Sanden
Calsonic Kansei
Gentherm
Bergstrom
Hanon Systems
Subros Limited
Mitsubishi Heavy Industries Ltd.
Keihin Corporation
Mahle GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Air-conditioning System market?

What factors are driving Automotive Air-conditioning System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Air-conditioning System market opportunities vary by end market size?

How does Automotive Air-conditioning System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.