Passenger cars accounted for three quarters of the overall revenue of the HVAC market. Over the years air conditioning in a car has become most standard option
- Among the vans in Japan – Automatic ac is present in almost all the top-selling vans as a standard feature
- In terms of automatic AC penetration, Japan has a higher penetration followed by Europe, China, and the US
- Honda offers Dual zone HVAC on most of its beset-selling vehicles including Civic,Accord, CRV in US, EU, China as well as Japan. It is also among the best filration systems like PM 2.5 and Pollen filters in China and Plasma cluster technology in Japan
- Among Premium European OEMs, BMW, Volvo and Mercedes had 100% installation rate of automatic HVAC worldwide in 2019
- Air purifiers along with dust filters and pollen filters have seen increased penetration with China seeing high penetration of PM 2.5 filter
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- Among the pickups in the USA – Optional automatic ac is present in most of the trims which have manual AC
- Europe has a higher penetration of Multi-zone HVAC followed by US, China and Japan
- BorgWarner announced that it would be supplying advanced cabin heating technology for a new electric vehicle for a global known EV automaker.
- Maruti Suzuki, the market leader in India with more than 50% market share is now offering ACC on B and C segment vehicles, therefore fitment rate has climbed up sharply between 2016-2019.
- China is the #1 HVAC automotive market by volume. In China manual air conditioning is mostly found in top selling budget cars.
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COMPANY PROFILE
- Denso Corporation
- Mahle GmbH
- Hanon Systems
- Valeo
- Mitsibushi Heavy Industries Ltd
- Johnson Electric
- Calsonic Kansei Corporation
- Sanden Corporation
- Keihin Corporation
THIS GLOBAL AUTOMOTIVE HVAC MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
- Automotive HVAC Market size and Forecast , by region, by application
- Average B-2-B price for Automotive HVAC Market, by region, per user
- Technology trends and related opportunity for new Automotive HVAC Market suppliers
- Market share of leading vendors, by region,
- Coronavirus impact onAutomotive HVAC Market earnings
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