Moreover, the safety and comfort of road transportation, both have been improved by the integration of electronics into automobiles. Sensors integrated HVAC systems yield electronic signals by measuring parameters such as gas or humidity concentration and pressure. Sensata, one of the leading automotive sensor manufacturers develops and markets HVAC sensors across the globe. The company has developed a sensor that changes the pressure by reversing the curvature when the critical pressure limit is reached. This provides safety against high-pressure conditions, cut off AC systems in case of any leaks, and control functioning of an AC fan and compressor.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to dominate the market in 2018 and is further expected to do so over the forecast period. This is due to the presence of key automobile manufacturers, large scale production of vehicles and soaring vehicle demand in emerging economies such as India, China, and South Korea. Moreover, North America and Europe are expected to register significant growth over the forecast period. Furthermore, the market consists of several players which are adopting various strategies such as mergers and acquisitions, product launch, geographical expansion, partnerships and collaborations among others. Some of the market players of the global automotive HVAC market include Denso Corp., Mitsubishi Heavy Industries Ltd., MAHLE GmbH, Johnson Electric Holdings Ltd., and Calsonic Kansei Corp.
Research Methodology:
The market study of the global automotive HVAC market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Authenticate databases such as OICA
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for market research firms, investment companies, automotive manufacturing companies, for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global Automotive HVAC Market Research and Analysis by Type
- Global Automotive HVAC Market Research and Analysis by Vehicle Type
The Report Covers:
- Comprehensive research methodology of the global automotive HVAC
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global automotive HVAC market.
- Insights about market determinants which are stimulating the global automotive HVAC
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
