Automotive Air Conditioning Market

Automotive Air Conditioning Market by Technology (Automatic, Semi-automatic, Manual) by Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • What is the global demand for Automotive Air Conditioning in terms of revenue?

    The global Automotive Air Conditioning valued at 32.51 Billion in 2020 and is expected to reach 53.44 Billion in 2028 growing at a CAGR of 6.41%%

  • Which are the prominent players in the market?

    The prominent players in the market are Keihin, Hanon System, Sanden, Calsonic Kansei, Valeo, Subros, Denso, Mahle Behr, Mitsubishi..

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 6.41%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Automotive Air Conditioning include

    • The rising vehicle production across the globe is anticipated to augment the growth of the automotive air conditioning market during the forecast period. This is attributable to the increasing urbanization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the constant developments and updates in various features associated with the automobiles internal air conditioning systems are anticipated to drive the demand of the automotive air conditioning market.
    • The increasing temperature in the world is expected to increase the growth of the automotive air conditioning market in the years to come. The rise is due to the emissions of greenhouse gases like carbon dioxide. These gases trap heat in the atmosphere causing Earth's greenhouse effect to grow more intense, and hence warming the climate. Furthermore, the rising temperature also affects human health by causing heat exhaustion, heat stroke and aggravated allergies, among others. The automotive air conditioners help to clean and disinfect the air that we breath.

  • Which region accounted for the largest share in the market?

    Asia Pacific was the leading regional segment of the Automotive Air Conditioning in 2020.

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