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Automotive HVAC Market Trends

Report ID: GMI371
Published Date: Aug 2024
Report Format: PDF

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Automotive HVAC Market Trends

A significant trend in the automotive HVAC industry is the development and integration of advanced heat pump systems utilizing natural refrigerants like propane (R290). These systems are designed to provide efficient thermal management for electric vehicles (EVs), significantly enhancing range and performance, especially in extreme weather conditions.

By using innovative technologies that reduce energy consumption and improve cooling capacity, these HVAC solutions support the overall push for sustainability and energy efficiency in the automotive industry. The compact and lightweight design of these systems facilitates easier integration into EVs, making them a viable solution for improving vehicle efficiency and reducing environmental impact.

For instance, in July 2023, ZF unveiled the EVbeat concept, featuring an 800V propane (R290)-based heat pump for advanced thermal management. This innovative system significantly boosts cooling efficiency and EV range, highlighting ZF's commitment to compact, lightweight, and sustainable solutions in electric vehicle technology.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive HVAC reached USD 61 billion in 2023 and will record over 5% CAGR from 2024 to 2032, due to increasing demand for enhanced passenger comfort.

The electric vehicles (EVs) segment will register a CAGR of over 5% through 2032, as advanced HVAC systems are essential for optimizing energy use and extending the vehicle’s range

North America market share was around 25% in 2023, owing to the high rate of vehicle ownership and a strong demand for advanced climate control systems.

Calsonic Kansei Corporation (Marelli Corporation), Delphi Technologies (BorgWarner Inc.), Denso Corporation, Hanon Systems, Mahle GmbH, Sanden Holdings Corporation, and Valeo SA, among others.