Automotive air conditioners provide air climate control for the interior of a vehicle by following the same principle as that of domestic air conditioners. To be effective, air conditioners must cool, circulate, purify, and dehumidify the air. These functions ensure that the passenger comfort is maintained even when the ambient temperature and humidity are high. Analysts forecast the Global Automotive Air Conditioners market to grow at a CAGR of 10.20 percent over the period 2013-2018.
The Report recognizes the following companies as the key players in Global Automotive Air Conditioners Market: Behr GmbH & Co. KG, Denso Corp., Delphi Automotive plc, Halla Visteon Climate Control Corp., Gentherm Inc., Japan Climate Systems Corp., Valeo Automotive Air Conditioning Hubei Co., Ltd., Visteon Corp.
Vehicle manufacturers constantly upgrade technology as consumer demand changes with time. Projects like TIFFE are indicative of the kind of advancements in technology that OEMs are looking for. The TIFFE project aims to develop innovative integrated vehicle thermal systems that not only improve thermal management, but also enhance energy efficiency. TIFFE's system includes new coolants like nanofluids that can improve heat rejection and redesign heat exchangers. With advances in automotive technology, air conditioners can be equipped with features that can sense a person or vehicle's temperature and automatically adjust to it.
According to the report, the Global Automotive Air Conditioners market is witnessing increased demand for luxury accessories in vehicles. Air conditioners not only provide thermal comfort to the driver and passengers, but also improve active safety by assisting in defogging windows and windshields.
Further, the report states that the use of an air conditioning system results in more fuel consumption and reduces fuel efficiency. Therefore, vendors have to invest heavily in R&D to manufacture fuel efficient air conditioning systems.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Automotive Air Conditioners market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the sales of air conditioners from the OEM and the Aftermarket sector. It also presents the vendor landscape and a corresponding detailed analysis of the four leading vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Automotive Air Conditioners market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Global Automotive Air Conditioners Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Blind Spot market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.