Enjoy complimentary customisation on priority with our Enterprise License!
The development of the railway sector is notably driving the air conditioner market growth for the transportation sector, although factors such as fluctuations in raw material prices may impede market growth. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Air Conditioner Market Driver for the Transportation Sector
One of the key factors driving growth in the air conditioner market for the transportation sector is the development of the railway sector. Since most developed regions, such as the Americas and Europe, have metros and railways that incorporate AC systems in their network, the demand for air conditioners is expected to increase. In addition, countries such as India and China are planning to invest to develop their railway infrastructure and improve connectivity and provide ease to passengers. Metros and rails are the most feasible means of transportation for a mass population. Air-conditioned rail cars make travel more comfortable and minimize the passengers' exposure to air and noise pollution. A majority of the population in countries, such as India and China, use railways as a means of commute. To improve the railroad network, governments are investing in developing the infrastructure. This is expected to drive the demand for air conditioners in the transportation sector.
Key Air Conditioner Market Trend for the Transportation Sector
The innovation in air conditioners for the transportation sector is another major factor supporting the air conditioner market for the transportation sector. Manufacturers are constantly involved in developing technologically advanced products to meet the expectations of consumers and sustain in the competitive market. Companies, such as Valeo, Hanon Systems, and others, have developed advanced a/c units for transport vehicles. The development of a/c systems for motorcycles as well will positively impact the growth of the global air conditioners market for the transportation sector.
Key Air Conditioner Market Challenge for the Transportation Sector
The fluctuations in raw material prices will be a major challenge for the air conditioner market for the transportation sector. The main raw materials used for manufacturing air conditioners are aluminum and steel. The cost of raw materials depends on economic conditions and inflationary pressures. Due to the volatility in raw material prices, the productivity of manufacturers is affected with respect to the number of units required to be produced. When the price increases, vendors bear the excess cost of ownership. The unpredictability of raw material prices is affecting vendors in the global air conditioner market for the transportation sector and the vendors are constantly under pressure to deal with price fluctuations to sustain in the market.
Download the Free Report Sample to Unlock the Air Conditioner Market Size for the Transportation Sector for the Forecast Period and Other Important Statistics
The air conditioner market for transportation sector is quite competitive and consists of numerous manufacturers occupying significant market shares. The vendors in the bus air conditioning system market focus on innovative technologies and competitive pricing to stay ahead of their competition. Customer service, pricing optimization, inventory management, and distribution optimization are some of the factors determining the success of the air conditioning unit manufacturers in this marketspace.
The leading vendors in the market are -
The other prominent vendors in the market are Bergstrom Climate Control Systems, Delphi Automotive, Gentherm, Johnson Electric, MAHLE, Samvardhana Motherson Group, SANDEN HOLDINGS, Sensata Technologies, Shanghai Velle Automobile Air Conditioner, Subros, and Xiezhong International Holdings.
During 2016, the automotive segment accounted for the major shares of the air conditioner market for the transportation sector. The increase in demand for passenger vehicles, light-duty trucks, and heavy-duty trucks will contribute to the growth of this industry segment in the coming years. Moreover, the growing market for electric buses is also expected to drive the demand for bus air conditioning system market in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the bus air conditioning system market throughout the forecast period. Factors such as the rising demand for commercial passenger vehicles, aerospace, and railways and changes in the standard of living have increased the demand for vehicles in the region, which will consequently boost the demand for air conditioners for the transportation sector.
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
***2. Scope of the report
**2.1 Preface
**2.2 Market Overview
**2.3 Major Countries Covered in the Report
**2.4 Currency Conversion Rates for US$
***3. Research Methodology
**3.1 Research Framework
**3.2 Information Sources
***4. Introduction
**4.1 Market outline
*Exhibit 01: Global air conditioner market for transportation sector by application 2016-2021 ($ billions)
***5. Market landscape
**5.1 Market overview
*Exhibit 02: Market overview
**5.2 Market size and forecast
*Exhibit 03: Global air conditioner market for transportation sector 2016-2021 ($ billions)
*Exhibit 04: Total motor vehicle production market share 2015 and 2016 (%)
*Exhibit 05: Vehicle classification based on weight
**5.3 Five forces analysis
*Exhibit 06: Five forces analysis
***6. Market segmentation by application
**6.1 Market overview
*Exhibit 07: Global air conditioner market for transportation sector by application 2016 and 2021 (%)
**6.2 Global air conditioner market for transportation sector by automotive
*6.2.1 Market size and forecast
*Exhibit 08: Global air conditioner market for transportation sector by automotive segment 2016-2021 ($ billions)
**6.3 Global air conditioner market for transportation by railway and aerospace
*6.3.1 Market size and forecast
*Exhibit 09: Global air conditioner market for transportation by railway and aerospace segment 2016-2021 ($ billions)
***7. Geographical segmentation
**7.1 Market overview
*Exhibit 10: Global air conditioner market for transportation sector by geography 2016 and 2021 (%)
**7.2 Air conditioner market for transportation in APAC
*7.2.1 Market size and forecast
*Exhibit 11: Air conditioner market for transportation sector in APAC 2016-2021 ($ billions)
*Exhibit 12: Production of motor vehicles in APAC 2015-2016 (thousand units)
**7.3 Air conditioner market for transportation in EMEA
*7.3.1 Market size and forecast
*Exhibit 13: Air conditioner market for transportation in EMEA 2016-2021 ($ billions)
*Exhibit 14: Production of motor vehicles in Europe 2015-2016 (thousand units)
**7.4 Air conditioner market for transportation in Americas
*7.4.1 Market size and forecast
*Exhibit 15: Air conditioner market for transportation in Americas 2016-2021 ($ billions)
*Exhibit 16: Production of motor vehicles in Americas 2015-2016 (thousand units)
*Exhibit 17: Railway expansion projects in North America ($ millions)
***8. Decision Framework
**8.1 Identifying the framework
***9. Drivers and Challenges
**9.1 Identifying factors impacting market growth
*9.1.1 Market drivers
*Exhibit 18: The US plug-in car sales 2011-2016 (thousand units)
**9.2 Identifying factors that impede market growth
*9.2.1 Market challenges
*Exhibit 19: Steel price volatility, October 2015 - December 2016 ($/ton)
*Exhibit 20: Annual growth rate of China’s GDP 2008-2015 (%)
**9.3 Impact of drivers and challenges
***10. Market trends
**10.1 Innovation in air conditioners for transportation sector
**10.2 Growing adoption of electric buses
**10.3 Increased investment in aviation industry in India
***11. Vendor landscape
**11.1 Competitive Scenario
**11.2 Other prominent vendors
***12. Key vendor analysis
**12.1 CALSONIC KANSEI
*12.1.1 Business overview
*12.1.2 Products offered by CALSONIC KANSEI
*Exhibit 21: CALSONIC KANSEI: Product offerings
*12.1.3 Key news
**12.2 DENSO
*12.2.1 Business overview
*Exhibit 22: DENSO: Product offerings
*12.2.2 Products offered by DENSO
*Exhibit 23: DENSO: Product offerings
*12.2.3 Key news
**12.3 Hanon Systems
*12.3.1 Business overview
*12.3.2 Products offered by Hanon Systems
*Exhibit 24: Hanon Systems: Product offerings
*12.3.3 Key News
**12.4 Keihin
*12.4.1 Business overview
*12.4.2 Products offered by Keihin
*Exhibit 25: Keihin: Product offerings
**12.5 Valeo
*12.5.1 Business overview
*12.5.2 Products offered by Valeo
*Exhibit 26: Valeo: Product offerings
*12.5.3 Key News
***13. Abbreviations
**13.1 List of abbreviations
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.