Market New Research Automotive HVAC Controllers Market Manufacturers | Page 2
However, the complex design of devices may restrain overall market growth in the years to come. Automotive HVAC
controller market is segmented based on product type, vehicle type, technology, and region.
LCD interface, IR receiver, BDM interface, touch interface, motor driver, and CAN transceiver are the product types
that could be explored in automotive HVAC controllers in the forecast period. Commercial vehicle and a passenger
vehicle are the product types that could be explored in automotive HVAC controllers in the forecast period. Passenger
vehicle sector accounted for the substantial market share of automotive HVAC controllers and is estimated to continue
its dominance in the years to come. The reason behind the growth could be the presence of faster cooling and fuel
efficient HVAC systems.
Based on technology, manual and automatic could classify automotive HVAC controllers in the forecast period.
Automatic HVAC controller sector accounted for the significant market share of automotive HVAC controllers and is
estimated to lead the overall market in the years to come. The reason could be the presence of automatic climate
control HVAC system.
Globally, Asia Pacific accounted for the substantial market share of automotive HVAC controllers and is estimated to
lead the overall market in the years to come. The reason behind the overall market growth could be rising disposable
income, the presence of key manufacturers in this region, and the growing demand for passenger vehicles. The
developing countries like Inia and China are the major consumers of automotive HVAC controllers in this region.
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Europe and North America are also estimated to have a positive influence on future growth. North America is the
second largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the
forecast period. The key players of the automotive HVAC controllers market are Sensata Technologies, ACDelco, NXP
Semiconductors, Microchip Technology, Hanon Systems, and DENSO. These players are concentrating on inorganic
growth to sustain themselves amidst fierce competition.
Market Segment:
The following manufacturers are covered in this report:
• ACDelco
• Microchip Technology
• DENSO
• Hanon Systems