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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Automotive HVAC Market Size
The India automotive HVAC market is projected to grow at a CAGR of 10.30% between 2024 and 2032.
India Automotive HVAC Market Outlook
- As per the SIAM, from April 2022 to March 2023, the sector manufactured 2.59 crore passenger vehicles and more.
- According to the Ministry of Heavy Industries, the domestic sales of automobiles have been estimated to be 2.12 crores in 2022-23.
- The Union Cabinet announced a $3.5 billion PLI scheme for the automobile sector to stimulate local production of advanced automotive technology products.
India Automotive HVAC Market Report Snapshots
India Automotive HVAC Market Size
India Automotive HVAC Market Growth
India Automotive HVAC Market Trends
India Automotive HVAC Market Share
India Automotive HVAC Manufacturers
India Automotive HVAC Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 10.30% between 2024 and 2032.
The market is categorised according to the technology, which includes manual and automatic.
The market is categorised according to the vehicle type, which includes passenger cars, light commercial vehicle, and heavy commercial vehicle.
The market key players are Subros Limited, Denso Corporation, Sanden Vikas (India) Ltd., MAHLE GmbH, Valeo, Hanon Systems, Delphi Technologies, Samvardhana Motherson Group, and Air International Thermal Systems, among others.
Based on the component, the market is divided into evaporator, compressor, condenser, expansion valve, receiver-drier, and others.
Based on the propulsion type, the market is divided into IC engine and electric powered.
The market is broken down into north India, east and central India, west India, and south India.
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