About Electric Vehicle Air Conditioning
Electric Vehicle Air Conditioning is the air conditioning in electric vehicles. The Electric Vehicle Air Conditioning is the component or an ac presented in electric vehicles which is operated by the consuming electricity or battery of electric vehicles. Electric Vehicle Air Conditioning creates cool air using electric electricity. Similar to this, an all-electric heating system uses electric power to power the condenser and fuel the furnace. Electric Vehicle Air Conditioning is the process of air cooling the vehicles during the electric vehicles are over heated using electric air conditioners. Electric Vehicle Air Conditioning to make the electric vehicle heat free and safe the vehicles from any damages.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The Global market of Electric Vehicle Air Conditioning is included more number of player which are provide high number of services so the global market are less competition. In worldwide market of Electric Vehicle Air Conditioning the presented companies follow the new launch or innovation of product for increasing their revenue and growth. Analyst at AMA Research estimates that Japan Vendors will contribute the maximum growth to Global Electric Vehicle Air Conditioning market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Behr-Hella Thermocontrol (BHTC) (Germany), Denso Corporation (Japan), Hanon Systems (South Korea), Mahle GmbH (Germany), Valeo SA (France), Daikin (Japan), Toyota Industries (Japan), Gardner Denver (United States), Denso Auto (Japan) and Nanjing Aotecar New Energy Technology (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Delphi (United Kingdom), General Auto (India) and Sanden (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Electric Vehicle Air Conditioning market by Type (Hybrid Driven and Motor Drive), Application (Electric Car, Electric Bus, Commercial vehicles and Others) and Region.
On the basis of geography, the market of Electric Vehicle Air Conditioning has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Compressor will boost the Electric Vehicle Air Conditioning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. CFC-12 will boost the Electric Vehicle Air Conditioning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Electric Vehicle Air Conditioning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Government Investment in Electric Vehicles
Market Growth Drivers:
Increasing Demand of Electric Vehicle and Rising Awareness among Consumer
Challenges:
High Cost of Battery Technology and Lack of Adoption of Electric Vehicle in Rural Area
Restraints:
High Cost of System and Hard To Maintains and High Cost Required
Opportunities:
Advance Technology in Automobile Industry and Growing Concern about Net Carbon Emission
Market Leaders and their expansionary development strategies
In 2020 Daikin acquire air handling unit business of Citizen Industries. The acquisition of Citizen Industries' air handling division by Daikin Air-conditioning India will improve the company's product positioning in the commercial air-conditioning industry. Citizen Industries is situated in Ahmedabad. With this acquisition, Daikin India's existing infrastructural influence will gain importance and assist penetration across many applications improve. We have reserves for acquisitions, and we'll use them whenever we spot a chance to buy something relevant to the air conditioning industry, said Jawa.
In 2021 Daikin has developed new refrigerant for EVs that can boost range up to 50% According to reports, the new refrigerant from Daikin has a boiling point that is 10 to 15 degrees lower than the standard product, at roughly minus 40 °C. As a result, less power is needed for compression. According to Daikin, a car with a range of 200 km on a full charge may go an extra 100 km with the new refrigerant when the air conditioner is running in an urban area of Japan.
Key Target Audience
Electric Vehicle Air Conditioning manufacture, Vendor and Supplier, Investor, New Entrance, Government bodies, Corporate Entities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.