Automotive Air Conditioner Market Scope
An automotive air conditioner comprises of a compact version of the components of the normal air conditioner that are evaporator, compressor, condenser, expansion device and a fan which are fitted in a vehicle to provide air condition inside the compartment. It cools the occupants of a vehicle in hot weather. The air-conditioners in modern vehicles are designed to lower the temperature to, therefore, assess the system’s performance.
According to AMA, the Global Automotive Air Conditioner market is expected to see growth rate of 5.95% Research Analyst at AMA estimates that Japanese Vendors will contribute to the maximum growth of Global Automotive Air Conditioner market throughout the predicted period.
Denso Corporation (Japan), Sanden Corporation (Japan), Robert Bosch GmbH (Germany), Valeo (France), MAHLE GmbH (Germany), Visteon Corporation (United States), Hanon Systems (South Korea), Calsonic Kansei (Japan), Mitsubishi (Japan) and Keihin Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Subros (India), Envicool (China), Aotecar (China), Halla Climate Control Corp (South Korea), Jiangsu Zhunti (China) and Nanjing Yinmao (China).
Segmentation Overview
The study have segmented the market of Global Automotive Air Conditioner market by Type (Single Functional Type and Integration of Changes in Temperature Type), by Application (Passenger Car and Commerical Vehicles) and Region with country level break-up.
On the basis of geography, the market of Automotive Air Conditioner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Influencing Trend:
The Trend in Automotive Air Conditioning Has Moved From Manually Adjusted Through To Semi-Automatic to Fully Automatic and The Gaining Popularity of Smaller and lightweight Air Conditioners
Market Growth Drivers:
The Growing Automotive Industry Worldwide, The Rising Disposable Income of Individuals and The Increasing Sells of Luxury Cars
Restraints:
The Fuel Prices Might Prevent a Wide Clientele
Opportunities:
The Growth Opportunities from Developing Countries
Market Leaders and their Expansionary Development Strategies
In February 2021, MAHLE acquired air conditioning businesses in Japan, Thailand, and the United States from the former Keihin Corporation (now Hitachi Astemo, Ltd.). Approved by antitrust authorities. Currently, 4 production sites and 1 development center are being integrated into the MAHLE group. With this acquisition, MAHLE is strengthening its position in the air conditioning system sector. This is one of the Group's strategic future areas.
On 20 Sept. 2018, Valeo, a leading automotive air conditioner player has unveiled a revolutionary rooftop air conditioning system for electric buses at the 67th IAA International Motor Show for commercial vehicles in Hanover (Germany).
Key Target Audience
Automotive Air Conditioner Manufacturers, Automotive Air Conditioner Sub Component Manufacturers, Original Equipment Manufacturers, Automotive Air Conditioner Traders/Distributors, Automotive Air Conditioner Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.