India Automotive HVAC Market Outlook for Major

India Automotive HVAC market

India Automotive HVAC market

According to a recent report published by Allied Market Research entitled ‘India automotive HVAC Market by Technology and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018-2026’, the size of the automotive HVAC market in India was estimated at $ 821.8 million in 2018, and is expected to reach $ 2,033.1 million by 2026, with a CAGR of 11.6% between 2019 and 2026.

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The passenger car segment dominates the automotive HVAC market in India, followed by light commercial vehicles and heavy commercial vehicles.
Automotive A / C systems can usually be divided into one or two unit systems, while the two unit system consists of an additional evaporator at the rear. The refrigerant is evaporated in these heat exchangers by absorbing heat and condensing moisture from the fresh or recirculated air pushed into the vehicle cabin by the air blower. This incoming cold air in turn brings in the humidity and temperature at a level that is favorable and controllable for the passengers. These HVAC modules have their own thermal expansion valve to set the refrigerant flow, but both are connected to the main AC refrigerant loop.

Refrigerant is a liquid used in refrigerators and air conditioners to draw heat from the cabin and release it into the atmosphere. The refrigerant goes into phase transition from liquid to gas after absorbing heat, and goes back to liquid compressor that compressed it. The refrigerant is selected on the basis of its non-corrosive nature, favorable thermodynamic properties and safety. The most common refrigerant used in the past was CFC, commonly referred to as freon. The CFCs were then replaced by HCFCs (chlorofluorocarbon). However, HCFCs are only marginally better than CFCs because they contain chlorine, which is harmful to the environment. It is later expected that HCFCs will be phased out from India by the year 2030, according to the Indian government’s plan.

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To remove chlorine from the refrigerant, different manufacturers have created a different set of refrigerants, known as (Hydro Fluro Carbons) HFC. While these refrigerants also have global warming potential, they are still better than HCFCs because they do not deplete the ozone layer. R-410A is the most common HFC used in air conditioners and still outperforms R-22 in terms of ozone-depleting power and energy efficiency; however, it still has global warming potential. R-134A in refrigerators and R-32 in air conditioners are some other HFCs that are commonly used, and about 20-30% of air conditioners in India use HFCs.

HVAC system consists of three main functions namely heating, ventilation and air conditioning. Heating is required significantly to maintain the correct temperature, especially during the cold weather conditions. Ventilation is necessary for the proper flow of the carbon dioxide and oxygen that helps passengers to breathe fresh air. Improper ventilation generally promoted the growth of bacteria and fungi due to the high humidity. In addition, air conditioning is used to control both ventilation and heat. HVAC is also known as climate control because it provides cooling, heating, filtration, humidity control and comfort control.

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The automotive HVAC market in India is segmented based on technology and vehicle type. Depending on the technology, it is split into manual and automatic. Based on the vehicle type, the HVAC automotive market in India is divided into passenger cars, light commercial vehicles and heavy commercial vehicles.

The factors such as the growth in the Indian automotive industry, the rise in the demand for thermal comfort and the increase in safety due to the application of HVAC systems are expected to drive the growth of the automotive HVAC market in India. stimulate. However, the high maintenance costs of the HVAC system are hindering the growth of the market. In addition, the adoption of environmentally friendly refrigerants and the production of cheaper HVAC systems offers lucrative growth opportunities for the players operating in the Indian automotive HVAC market.

India Automotive HVAC Market Key Find:

Through technology, the automatic segment is expected to maintain its lead and is expected to grow with significant growth over the forecast period.

By vehicle type, the passenger car segment was the largest contributor to the automotive HVAC market in India in terms of sales in 2018.

By vehicle type, the heavy-duty vehicle segment is expected to show the lucrative growth rate over the forecast period.

Major players including Samvardhana Motherson Group, MAHLE ANAND Thermal Systems, Subros Limited, Sanden Vikas (India) Ltd., Denso Corporation, Hanon Systems, Johnson Electric Holdings Limited, Sensata Technologies, Keihin Corporation, Valeo Service and others are studied in the report.

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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research offers international enterprises as well as medium and small companies an unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.

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