The global market report with details of the Climate Control System Market is getting significant thrust from the demands for better comfort while driving. Technological advancement in the automotive sector, hike in disposable income, acceptance of better technologies, and others are expected to trigger growth for the Climate Control System Market. Market Research Future (MRFR) claims that the Climate Control System Market would gain substantial CAGR during the forecast period of 2018 to 2023.
Because the automobile industry is so competitive, staying on a level with other market competitors is critical for survival. The occupant experience has been a continual priority, driving automakers to go above and above in the process. Another example of how the automobile industry is developing its products utilizing new-age technologies is the integration of climate control systems in commercial vehicles. The addition of technology allows for the optimization of in-car climate regardless of outside conditions. The function is gaining popularity as automobile owners continue to place a premium on comfort. In the future years, the demand for climate control systems for commercial vehicles is predicted to skyrocket.
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Valeo S.A, Sanden Holdings Corporation, Hanon Systems, Denso Corporation, Eberspächer, Bergstrom Inc., Webasto, Red Dot Corporation, Mahle GmbH, Calsonic Kansei Corporation Mobile Climate Control, and Wabco.
The global market report on the Climate Control System Market has been studied on the basis of component, vehicle type, application, e-commercial vehicle type, and sales channel.
By component, the global Climate Control System Market has been segmented into receiver-drier, evaporator, compressor, condenser, actuators, thermostat, control valves, sensor, coils, relays, and others.
By vehicle type, the global market report with a focus on the Climate Control System Market includes ambulance, minivan, truck, bus, trailer, cargo van, and others.
By application, the market includes long-haul, regional, and specialty.
By electric commercial vehicle type, the global Climate Control System Market includes hybrid and full electric vehicle. The full electric vehicle segment can be studied on the basis of voltage type. The segments are 12V, 24V, 48V, 350V, and 650V.
By sales channel, the market includes a study of OEMs and aftermarket.
Demand for advanced cars would back the Climate Control System Market in North America and Europe. In Asia Pacific, the burgeoning market for the automotive sector would bolster the growth of the Climate Control System Market.
In September 2020, Knorr-Bremse, one of the top companies known for braking and other systems for rail and commercial vehicles, announced the unification of its activities in heating, ventilation and air conditioning systems (HVAC) for rail. The company has done this under the new umbrella brand MERAK.
The timing of this launch is quite remarkable. MERAK is assisting rail operators in providing cleaner and safer in-train air. At the same time, they are also restoring normality in rail travel during the COVID-19. This provides the company some advantage as it talks brings in customers and the company on the same page. The unified MERAK has half a century of experience and around 1,600 highly skilled professionals with above 120,000 units in operation across the world.
In September 2020, Volta Trucks, a start-up known for being an electric vehicle manufacturer, launched the new Volta Zero, which is gaining acceptance as the world’s first purpose-built full-electric 16-tonne commercial vehicle that has been designed specifically for various operations like inner-city parcel and freight distribution. It would adhere to the concept of zero emission in all the major cities.
It will start collaborating with some of the big names in Europe from the parcel delivery and logistics companies in H1-2021. Some of the orders have been booked for 2022 as well.
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