Lucintel Forecasts The Global Automotive Air Conditioning Market To Reach $38 Billion By 2030

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According to a market report by Lucintel, the future of the global automotive air conditioning market looks promising with opportunities in the manual & automatic markets. The global automotive air conditioning market is expected to reach an estimated $38 billion by 2030 from $26 billion in 2023 at a CAGR of 6% from 2023 to 2030. The major drivers for this market are electric and hybrid vehicle integration, advanced climate control systems, and development of smart HVAC systems.
A more than 150-page report to understand trends, opportunity and forecast in automotive air conditioning market to 2030 by technology (manual and automatic), vehicle type (passenger vehicle and commercial vehicle), component (compressor, evaporator, receiver, and condenser), distribution channel (original equipment manufacturer (oems) and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that automatic is expected to witness higher growth over the forecast period.
Within this market, passenger vehicle is expected to witness the higher growth.
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... on automotive air conditioning market.
Air International Thermal Systems, Axetris, CabinAir, Continental, DENSO CORPORATION, Freudenberg, and Hanon Systems are the major suppliers in the automotive air conditioning market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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