Automotive A/C Parts Market: An Insight On the Important Factors and Trends Influencing the Market

The rise in vehicle production and need of consumer comfort supported the growth of automotive air-conditioning market. The advancement of technology in the A/C parts surge the demand for automatic air conditioning among the vehicles. The air condition system of any vehicle becomes an integral part which sometimes influences the consumer’s purchasing behavior.

Automotive aftermarket industry and subsequently automotive a/c parts market is totally dependent on the changes in primary automotive industry. The growth drivers and trends in automotive industry will affect automotive a/c parts market. Low interest rates and low fuel prices is expect to surge growth of automotive industry and subsequently automotive a/c parts industry. Globally the average age of vehicles is increasing as consumers continue to use old or second hand vehicles. Rising average age of vehicles is expected to increase the demand for automotive a/c parts. Rising demand for automotive aftermarket parts in emerging economies such as China, India among others is expected to increase demand for automotive a/c parts market.

Rising demand of fuel efficient vehicles by consumers require aged or second hand vehicles be fitted with advanced a/c parts which is anticipated to increase demand for automotive a/c parts. The major restrain faced by automotive a/c parts industry is increasingly strict government regulations due to environmental concerns which is expected to negatively affect automotive a/c parts market. There is opportunity for growth of automotive a/c parts market in North Africa through rising investment in automotive sector. Renault and PSA Group is expected to set up manufacturing plants in Morocco to increase automotive spare parts production in the region.

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The market when segmented by technology are manual/ semi-automatic a/c, automatic a/c and others. By components the market is segmented into compressor, evaporator, drier/ receiver, condenser and others. By type the market is segmented into OEM A/C parts and Aftermarket A/c parts. By vehicle type the market is segmented into passenger vehicles, light commercial vehicles (LCV), heavy commercial vehicles (HCV) and others. Aftermarket A/C parts market is larger than OEM A/C parts market.

The market when segmented by geography into Asia-Pacific (APAC),Europe, North America Middle East & Africa (MEA) and Latin America. In North America the U.S. is the largest automotive a/c parts market followed by Canada and Mexico. The growth of light vehicle sale is highest in Mexico followed by Canada and the U.S in H1 2016. Europe is another major automotive a/c market. In Europe Germany is one of the largest automotive aftermarket and subsequently automotive a/c parts market. Germany has the largest concentration of OEM automotive manufactures throughout Europe so demand for automotive a/c parts is expected to rise in Germany.

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Other major automotive a/c parts market in Europe are the U.K, France, Italyand Spain among others. Asia Pacific is another major automotive a/c parts market. Rising demand of light vehicle sales in South Korea, China, India and Australia among others is expected to increase demand for automotive a/c parts market in Asia-Pacific. Slowing demand for light vehicle sales in Iran, South Africa among others is expected to slower the growth of automotive a/c market in Middle East & South Africa region. Steep decline in sale of light vehicles in Brazil and Argentina is expected to shrink the automotive a/c market in Latin America region. Brazil is going through a recession and is expected to recover in 2017.

Some of the major firms in automotive a/c parts market are ACDelco (the U.S), Anchor Auto Parts (China), Calsonic Kansei Corporation (Japan), MAHLE GmBH (Germany), Keihin Corporation (Japan), Hanon Systems (South Korea), Denso Corporation (Japan), Delphi Automotive (the U.K), Sanden (Japan), OEX among others.

Light Weapons Market: Key Players and Production Information analysis with Forecast 2025

Light weapons are weapons which are used by two or three persons serving as a crew, although some of them may be carried and used by a single person. Light weapons are basically used by militaries around the world and its applications have increased widely among armed groups. They include, inter alia, heavy machine guns, hand-held under-barrel and mounted grenade launchers, portable anti-aircraft guns, portable anti-tank guns, recoilless rifles, portable launchers of anti-tank missile and rocket systems, portable launchers of anti-aircraft missile systems as well as mortars of a caliber of less than 100 millimeters. The latest generation of light weapons is more destructive, more portable, and generally more competent than older systems, raising concerns about their uncontrolled generation. Light weapons are represented by their durability, cost effectiveness, accessibility and utility. In terms of military and non-military demand, such criteria perfectly match the needs of those who...

Aerospace Window Frame Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Aerospace window frames are used in the cockpit windshields and passenger cabin windows to provide rigidity to the windows. Metal window frame is used widely in aircrafts. Increase demand of cockpit windshield frame in different countries such as India, Brazil and China among others is the one of the major factor boosting the market for aerospace window frame during the forecast period of 2017 – 2025. Based on aircraft type, the global aerospace window frame market is segmented into wide body aircraft, narrow body aircraft, very large aircraft, general aviation and regional aircraft. Among various aircraft types, in 2016, the wide body aircraft segment is estimated to be the major market followed by very large aircraft and expected to be the same during the forecast period of 2017 – 2025. Increasing regional and commercial aircraft deliveries is expected to be one of the major factor fueling the regional aircraft segment in global aerospace window frame market during the fo...

Photoelectric Sensors Market: Granular View of The Market from Various End-Use Segments

Photoelectric sensors are used to detect the shape, color, distance, absence or presence of a target. Photoelectric sensors are a type of position sensor that uses light emitting diodes as the light source. The sensor comprises a receiver and a light transmitter. The sensor emits light through the transmitter to the target which is then reflected and the light beam is received by the photoelectric receiver, activating the sensor output. The market is primarily driven by increasing application of photoelectric sensors in food and beverage, construction and automotive industries. Industrial automation is also principally driving the photoelectric sensors market globally. Additionally, the photoelectric sensors in parking facilities are used for the detection of the car positioning and level adjusting at multi-level car parking. High consistency and easy installation of the retro reflective photoelectric sensors is also driving the global photoelectric sensors market. These sensors are u...

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