Date : November 2024
The global automotive HVAC market size is projected to surpass around USD 98.96 billion by 2033 from USD 51.64 billion in 2023, expanding at a solid CAGR of 6.73% between 2023 and 2033. The automotive HVAC top companies are Valeo SA, Sanden Holdings Corporation, Mahle GmbH, Hanon Systems, Denso Corporation, Delphi Technologies, Calsonic Kansei Corporation, and Others.
Report Attributes | Details |
Market Size by 2033 | USD 98.96 Billion |
Market Size in 2023 | USD 51.64 Billion |
Market Growth Rate from 2023 to 2033 | CAGR of 6.73% |
Largest Market | Asia Pacific |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Technology, Vehicle Type, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
March 26, 2024 – Trane Technologies, the President of Trane Technologies, Dwayne Cowan stated that the launch of its recent portfolio is seen to upgrade the efficiency of heat pumps and air conditioning systems. This product portfolio is further observed to supplement the efficacy of components utilized in the automotive industry.
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