May 10, 2022   SOURCE: BusinessWire

Global Heavy Commercial Vehicle HVAC Market (2022 to 2027) - Development of Eco-Friendly Refrigerants Presents Opportunities - ResearchAndMarkets.com

The "Global Heavy Commercial Vehicle HVAC Market (2022-2027) by Type, Vehicle Type, Channel, Propulsion, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Heavy Commercial Vehicle HVAC Market is estimated to be USD 1.9 Bn in 2022 and is expected to reach USD 2.91 Bn by 2027, growing at a CAGR of 8.9%.

Market dynamics are forces that impact the prices and behaviors of the Global Heavy Commercial Vehicle HVAC Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

The Global Heavy Commercial Vehicle HVAC Market is segmented based on Type, Vehicle Type, Channel, Propulsion, and Geography.

  • Type, the market is classified into Automatic, and Manual.
  • Vehicle Type, the market is classified into Intercity Buses, Coach Buses, School Buses, Transit Buses, and Trucks.
  • Channel, the market is classified into OEM, and Aftermarket.
  • Propulsion, the market is classified into IC Engine, Hybrid/ Electric, and Fuel Cell.
  • Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of - Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of - Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Heavy Commercial Vehicle HVAC Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses Global Heavy Commercial Vehicle HVAC Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Heavy Commercial Vehicle HVAC Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

  • Expansion of the Construction and Industrial Sectors
  • Increasing Number of E-Commerce Activities
  • Increase in Smart Transportation System
  • Strict Regulations Related to Climate Control for Low Emission Vehicles

Restraints

  • Fluctuating Price of Raw Materials
  • High Cost Associated with Replacement and Maintenance

Opportunities

  • Development of Eco-Friendly Refrigerants
  • Potential Demand for Electric Heavy Vehicles
  • Technological Advancements in HVAC Designs In Automotive

Challenges

  • Lack of Awareness about Benefits of HVAC Systems in Developing Countries
  • Concerns with Excessive Noise, Over Heated Seats, and Environmental Issues

Companies Mentioned

  • Coachair Pty Ltd
  • Denso Corporation
  • Eberspacher Gruppe
  • Grayson Automotive Services Ltd.
  • International Hispacold, SA
  • Japan Climate Systems Corporation
  • Konvekta AG
  • Mahle GmbH
  • Mobile Climate Control, Inc.
  • ProAir LLC
  • Sanden Holdings Corporatio (Hisense Kelon Electrical Holdings Company Limited)
  • Subros Limited
  • Sutrak Corporation
  • Zhengzhou Guchen Industry Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/r/u77wcj