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SOURCE Research and Markets
DUBLIN, October 15, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vwwmcs/automotive_hvac) has announced the addition of the "Automotive HVAC Market by Vehicle Type (Passenger Cars, LCVs & HCVs), Technology (Manual & Automatic), Components & Cabin Comfort Market by Type (Power Seats, Power Windows, Heated Seats & Sunroofs) - Global Trends & Forecast to 2018" report to their offering.
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This report classifies and defines the automotive HVAC and cabin comfort systems market volume and revenue in the automotive industry. It also provides qualitative data about the components used in these systems. The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges and key issues. The key players in the market for both the technologies have also been identified and profiled.
The global market revenue from automotive HVAC and cabin comfort systems is expected to grow from $76.1 billion in 2013 to $124.1 billion by 2018 at a CAGR of 10.27% over the five years. The fastest growing market is for heated seats, while the largest market is for HVAC systems.
Automatic HVAC Systems: Expected To Dominate In The Next 5 Years
The automatic systems are estimated to be the leading technology in HVAC systems market accounting to more than 58% of the market volume. These systems have gained the upper hand in the market with the lowering of fuel consumption, increased level of comfort and ease of operation. The user only has to set a desired temperature for the cabin and the system does the rest on its own. These systems are receiving increased acceptance among the automotive OEMs as product differentiators as well as for enhancing the vehicle's luxury quotient.
Sunroofs & Heated Seats: Leading Cabin Comfort Technologies
Among the cabin comfort features considered in the report, the sunroofs and heated seats are the largest revenue generating technologies in the passenger car segment. These systems mainly feature in the luxury car segment and is expected to increase along with the growing luxury car market. The market revenue for these two systems is expected to reach $35.69 billion and $32.87 billion in 2018.
The automotive HVAC and cabin comfort systems market have been analyzed in terms of volume (000 Units) and revenue ($million) based on the segmentation given below.
By Vehicle Type
- Passenger cars
- Automotive Cabin Comfort Systems
- Power windows
- Power seats
- Heated seats
- Head exchanging equipment (Evaporator and Condenser)
- Expansion device
- Brose Fahrzeugteile
- Calsonic Kansei Corporation
- Delphi Automotive
- Eberspacher Climate Control Systems
- Halla Climate Control Corporation
- Imasen Electric Industrial
- Inalfa Roof Systems Group
- Japan Climate Systems Corporation
- Johnson Electric
- Keihin Corporation
- Kongsberg Automotive Holding Asa
- Toyota Industries Corporation
- Visteon Corporation
- Xiezhong International Holdings
For more information visit http://www.researchandmarkets.com/research/vwwmcs/automotive_hvac
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