Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 18.10 Billion |
| USD 37.41 Billion | |
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Global Climate Control System for Commercial Vehicle Market, By Component (Compressor, Condenser, Receiver-Drier, Evaporator, Control Valves, Actuators, Thermostat, Coils, Relays, Sensor, Others), Commercial Vehicle Type (Truck, Bus, Ambulance, Minivan, Cargo Van, Trailer, Others), Electric Vehicle Type (Hybrid, Full Electric Vehicle), Application (Long Haul, Regional, Specialty), Voltage (12V, 24V, 48V, 350V, 650V), Sales Channel (Original Equipment Manufacturers, Aftermarket) – Industry Trends and Forecast to 2029
The climate control system for commercial vehicle is based upon the principles of heating, ventilation and air conditioning. Heating ventilation and air conditioning system was first introduced in year 1960. Now a days, almost every vehicle is installed with heating, ventilation and air conditioning systems. Air International Thermal Systems, Subros Limited, Behr-Hella Thermocontrol GmbH and Visteon Corporation are the some major players operating in this market.
From the name itself, it is clear that automotive automatic tire inflation systems are the tire inflators that are used in case of a flat tire or puncture. The automotive automatic tire inflation systems automatically maintain the air pressure in the tires. The automotive automatic tire inflation systems consist of a compressor which is used to pass air through rotary joint.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Component (Compressor, Condenser, Receiver-Drier, Evaporator, Control Valves, Actuators, Thermostat, Coils, Relays, Sensor, Others), Commercial Vehicle Type (Truck, Bus, Ambulance, Minivan, Cargo Van, Trailer, Others), Electric Vehicle Type (Hybrid, Full Electric Vehicle), Application (Long Haul, Regional, Specialty), Voltage (12V, 24V, 48V, 350V, 650V), Sales Channel (Original Equipment Manufacturers, Aftermarket)
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Countries Covered
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U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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Continental AG (Germany), Valeo Thermal Commercial Vehicles Germany GmbH (Germany), SANDEN CORPORATION. (Japan), Hanon Systems (South Korea), DENSO CORPORATION. (Japan), Eberspächer (Germany), Bergstrom Climate Control Systems. (U.S.), Webasto Thermo & Comfort (Germany), RED DOT CORPORATE (US), MAHLE GmbH (Germany), WABCO (Belgium), Mobile Climate Control. (US), Keihin North America, Inc. (US), JAPAN CLIMATE SYSTEMS CORPORATION (Japan), Air International Thermal Systems (US), Subros Limited (India), Behr-Hella Thermocontrol GmbH (Germany) and Visteon Corporation (US)
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This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated technology/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations pertaining to car cooling systems.
Growing production rate of four wheelers will further widen the scope of growth for the market. Worldwide car sales grew to around 66.7 million automobiles in 2021. Also increasing rate of traffic and traffic congestions problems is inducing growth in the demand for electric vehicles.
Owing to the global economic rise, there is a huge scope of growth for the automotive and transportation industry. There is an increased focus of the major manufacturers on the application of advanced technologies which will widen the scope of growth. Further, the Indian auto industry is expected to record strong growth post recovering from effects of Covid-19 pandemic.
Rising urbanization, modernization, and globalization drive market value growth. Surging global warming, growing technological advancements in the manufacturing technology and increasing personal disposable income are other market growth determinants. Furthermore, growing initiative of the government for the development of advanced climate control system extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, growing awareness about the fact that advanced system will reduce the energy consumption of automotive climate control system will further expand the future growth of the market.
High costs associated with installation of these systems will slow down the market growth rate in the long run. Also, high costs associated with research and development proficiencies will create hindrances for the market. High cost of maintenance along with equipment upgrades is further derailing the market growth rate. Rising need of high capital investment which will become the biggest challenge for the growth of the market.
With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply of materials. Also, fluctuations in the prices of raw materials will prove to be a demerit for the market. Therefore, this will challenge the market growth rate.
Also, dearth of awareness in underdeveloped regions and large scale availability of alternatives will act as growth restraints for the market. Lack of strong infrastructural facilities in the backward economies, and design and performance standard concerns will also challenge the market growth rate.
This climate control system for commercial vehicle market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the climate control system for commercial vehicle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of manufacturing activities, thereby, resulting in the halt on production and sales of new vehicles. Pandemic resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. The market growth rate saw a slowdown owing to the stringent measures taken up to curb the commercial activities. This pandemic put a hold on the manufacturing of automobiles thereby, putting a halt on the market growth rate. However, with the relaxations ahead, the future of the market seems to be promising.
The climate control system for commercial vehicle market is segmented on the basis of component, commercial vehicle type, electric vehicle type, application, voltage and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Climate control system for commercial vehicle market on the basis of component has been segmented as compressor, condenser, receiver-drier, evaporator, control valves, actuators, thermostat, coils, relays, sensor, and others.
Based on commercial vehicle type, climate control system for commercial vehicle market has been segmented into truck, bus, ambulance, minivan, cargo van, trailer, and others.
On the basis of electric vehicle type, climate control system for commercial vehicle market has been segmented into hybrid, and full electric vehicle.
On the basis of application, climate control system for commercial vehicle market has been segmented into long haul, regional, and specialty.
Based on voltage, climate control system for commercial vehicle market has been segmented into 12V, 24V, 48V, 350V, and 650V.
On the basis of sales channel, the climate control system for commercial vehicle market has been segmented into original equipment manufacturer and aftermarket.
The automotive automatic tire inflation system market is analysed and market size insights and trends are provided by country, component, commercial vehicle type, electric vehicle type, application, voltage and sales channel as referenced above.
The countries covered in the automotive automatic tire inflation system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the climate control system for commercial vehicle market due to the adoption of advanced technology along with prevalence of various manufacturers in the region while
Asia-Pacific will grow in the forecast period due to the rising preferences towards electric vehicles along with favourable government policies.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The automotive automatic tire inflation system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive automatic tire inflation system market.
Some of the major players operating in the automotive automatic tire inflation system market are Continental AG (Germany), Valeo Thermal Commercial Vehicles Germany GmbH (Germany), SANDEN CORPORATION. (Japan), Hanon Systems (South Korea), DENSO CORPORATION. (Japan), Eberspächer (Germany), Bergstrom Climate Control Systems. (U.S.), Webasto Thermo & Comfort (Germany), RED DOT CORPORATE (US), MAHLE GmbH (Germany), WABCO (Belgium), Mobile Climate Control. (US), Keihin North America, Inc. (US), JAPAN CLIMATE SYSTEMS CORPORATION (Japan), Air International Thermal Systems (US), Subros Limited (India), Behr-Hella Thermocontrol GmbH (Germany), and Visteon Corporation (US) among others.
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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