Product Code: ETC4576345 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive HVAC market import shipment demonstrated a steady growth trend with a CAGR of 4.9% from 2020 to 2024. Significant acceleration was observed between 2023 and 2024, with a growth rate of 44.3%. The market expanded consistently, showing strong momentum and robust growth over the analyzed period.
The India Automotive HVAC (Heating, Ventilation, and Air Conditioning) market is a crucial segment within the automotive industry. It encompasses the design, production, and installation of systems that control the temperature and air quality in vehicles. Given India diverse climate, demand for effective HVAC systems is substantial, with manufacturers continually innovating to provide efficient and environmentally-friendly solutions.
The India automotive HVAC market is growing due to rising temperatures and increased demand for passenger comfort. Consumers expect efficient cooling and heating systems in their vehicles, especially in a tropical climate like India.
Challenges in the automotive HVAC market involve designing efficient, eco-friendly heating and cooling systems while adhering to emission standards and addressing changing customer preferences.
The automotive HVAC (Heating, Ventilation, and Air Conditioning) market in India was affected as vehicle production slowed down and consumer priorities shifted during the pandemic. However, there is a growing emphasis on air quality and passenger comfort in vehicles, which could drive innovation and growth in this market as the economy recovers.
In the automotive HVAC market, major players include Sanden Vikas, Subros, and Valeo India. They manufacture heating, ventilation, and air conditioning systems for vehicles.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive HVAC Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive HVAC Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive HVAC Market - Industry Life Cycle |
3.4 India Automotive HVAC Market - Porter's Five Forces |
3.5 India Automotive HVAC Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 India Automotive HVAC Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive HVAC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for passenger and commercial vehicles in India. |
4.2.2 Growing awareness and adoption of HVAC systems in vehicles for enhanced comfort. |
4.2.3 Stringent government regulations regarding vehicle emissions and fuel efficiency, driving the adoption of energy-efficient HVAC systems. |
4.3 Market Restraints |
4.3.1 High initial cost of installing HVAC systems in vehicles. |
4.3.2 Fluctuating raw material prices impacting the overall cost of production. |
4.3.3 Lack of infrastructure and skilled labor for manufacturing advanced HVAC systems in India. |
5 India Automotive HVAC Market Trends |
6 India Automotive HVAC Market, By Types |
6.1 India Automotive HVAC Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive HVAC Market Revenues & Volume, By Technology Type, 2021-2031F |
6.1.3 India Automotive HVAC Market Revenues & Volume, By Manual/Semi-automatic HVAC, 2021-2031F |
6.1.4 India Automotive HVAC Market Revenues & Volume, By Automatic HVAC, 2021-2031F |
6.2 India Automotive HVAC Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive HVAC Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 India Automotive HVAC Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 India Automotive HVAC Market Import-Export Trade Statistics |
7.1 India Automotive HVAC Market Export to Major Countries |
7.2 India Automotive HVAC Market Imports from Major Countries |
8 India Automotive HVAC Market Key Performance Indicators |
8.1 Average fuel efficiency improvement attributed to the use of HVAC systems. |
8.2 Number of new vehicle models equipped with advanced HVAC systems. |
8.3 Percentage increase in aftermarket sales of HVAC components for vehicles. |
8.4 Adoption rate of electric and hybrid vehicles with integrated HVAC systems. |
8.5 Average maintenance cost reduction for vehicles equipped with efficient HVAC systems. |
9 India Automotive HVAC Market - Opportunity Assessment |
9.1 India Automotive HVAC Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 India Automotive HVAC Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive HVAC Market - Competitive Landscape |
10.1 India Automotive HVAC Market Revenue Share, By Companies, 2024 |
10.2 India Automotive HVAC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |