the
global automotive climate control market size and it is poised to grow by USD 0.21 billion during
2020-2024, progressing at a CAGR of 1% during the forecast period. The report
offers an up-to-date analysis regarding the current market scenario, latest
trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Please Request Latest Free
Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Air International Thermal Systems Inc.,
DENSO Corp., Hanon Systems, Japan Climate Systems Corp., Keihin Corp., MAHLE
GmbH, Marelli Holdings Co. Ltd., Sanden Holdings Corp., Subros Ltd., and Valeo
SA are some of the major market participants. To make the most of the
opportunities, market vendors should focus more on the growth prospects in the
fast-growing segments, while maintaining their positions in the slow-growing
segments.
The growing popularity of automotive thermal systems has been
instrumental in driving the growth of the market. However, the sharp decline in
automobile production and sales might hamper market growth.
Automotive Climate Control Market 2020-2024 : Segmentation
Automotive Climate Control Market is segmented as below:
- Technology
- Manual
- Automatic
- Geography
- APAC
- Europe
- North America
- South America
- MEA
Automotive Climate Control Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our automotive climate control
market report covers the following areas:
- Automotive Climate Control
Market size
- Automotive Climate Control
Market trends
- Automotive Climate Control
Market industry analysis
This study identifies the increasing adoption of HVAC systems in trucks
as one of the prime reasons driving the automotive climate control market
growth during the next few years.
Automotive Climate Control Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the
automotive climate control market, including some of the vendors such as Air
International Thermal Systems Inc., DENSO Corp., Hanon Systems, Japan Climate
Systems Corp., Keihin Corp., MAHLE GmbH, Marelli Holdings Co. Ltd., Sanden
Holdings Corp., Subros Ltd., and Valeo SA. Backed with competitive intelligence
and benchmarking, our research reports on the automotive climate control market
are designed to provide entry support, customer profile and M&As as well as
go-to-market strategy support.
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