Automotive HVAC Market Size

Automotive HVAC Market Size

Automotive HVAC Market size estimated at over USD 16 billion in 2018 and will grow at 6% CAGR from 2019 to 2025./p>

The flourishing demand in automotive sector globally as a result of the growing disposable income is driving the automotive HVAC market size. Consumers are increasingly spending on more comfort and luxury features in vehicles, propelling OEMs to integrate high-quality climate control systems. Manufacturers are investing in R&D to offer product differentiation in their products such as compact and lightweight HVAC systems. For instance, Denso has developed a novel COA HVAC based on a new blower structure that offers a reduction in heat required by the system by 30%, reducing size and power consumption by 20%. This will enable the company to offer HVAC systems to its clients, providing both environmental performance and energy efficiency. In addition, the growing concerns in consumers regarding indoor air quality are further creating several growth prospects for the market./p>

One of the factors that challenges the automotive HVAC market is the noise generated by these systems inside the car cabin, inducing passenger discomfort. Clattering noises by these systems are produced due to the interactions between HVAC components and airflow. Passive absorbers on HVAC body and ducts are being used by HVAC suppliers on current designs to reduce system noises during its operation, providing comfort inside the car cabin./p>