Registering a CAGR of 8.6% over the forecast period, the bus HVAC systems market is anticipated to reach the market value of US$ 5566 million in the year 2027 from US$ 3468 million in the year 2021.
The HVAC system in a bus is utilised to regulate the vehicle's inside temperature. The system consists of three components: heating, cooling, and air conditioning, which work together to give purified air to passengers and maintain thermal comfort for drivers and passengers. Condenser, evaporator, compressor, magnetic clutch, alternator, fresh air device, blower, fan, return air grille, control panel, pipeline system, and electric-controlled system make up the HVAC system in the bus. The compressor is the heart of the HVAC system and is located on the engine's side. In order to maintain optimum insulation performance, the evaporator is also installed on the bus's roof. The market for bus HVAC is growing in response to rising customer comfort demands.
The HVAC system is used to control the internal temperature of the bus and the system includes cooling, heating and air conditioning which works together in order to provide purified air to the passengers and ensure thermal comfort for passengers and drivers. The compressor is the main component of HVAC and is hung on the side of the engine.
Top Key players in the Bus HVAC Systems Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Bus HVAC Systems Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Denso, Guchen Industry, MAHLE, Valeo, WABCO, Thermo King, Air International Thermal Systems, American Cooling Technology, Grayson Thermal Systems, Japanese Climate Systems, Carrier, Coachair, KONVEKTA, SUTRAK USA, Sidwal, Subros and others.
Global Bus HVAC Systems Market research provides detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
By Type, Bus HVAC Systems Market has been segmented into
By Powertrain, Bus HVAC Systems Market has been segmented into
By Application, Bus HVAC Systems Market has been segmented into
Regional Analysis:
The bus HVAC system market in APAC is dominated by China, India, and Japan. Our bus HVAC system market size, share, and trends analysis report can help you direct your company efforts toward prospective growth regions by providing information on key, emerging, and unexplored markets. During the projection period, APAC will account for 74% of the market's growth.
The research provides an up-to-date analysis of the market's geographical composition. APAC has had rapid growth and is likely to provide market players with several prospects for expansion throughout the forecast period. Over the forecast period, increased sales of electric buses will aid the growth of the bus HVAC system market in APAC.
The report offers an in-depth assessment of the growth and other aspects of the Bus HVAC Systems Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Bus HVAC Systems Market highlights the potential growth opportunities in upcoming years while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Bus HVAC Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 8.6% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| Denso, Guchen Industry, MAHLE, Valeo, WABCO, Thermo King, Air International Thermal Systems, American Cooling Technology, Grayson Thermal Systems, Japanese Climate Systems, Carrier, Coachair, KONVEKTA, SUTRAK USA, Sidwal, Subros |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Bus HVAC Systems Market is studied from 2017 - 2027.
What is the growth rate of Bus HVAC Systems Market?
The Bus HVAC Systems Market is growing at a CAGR of 8.6% over the next 5 years.
Who are the key players in Bus HVAC Systems Market?
Denso, Guchen Industry, MAHLE, Valeo, WABCO, Thermo King, Air International Thermal Systems, American Cooling Technology, Grayson Thermal Systems, Japanese Climate Systems, Carrier, Coachair, KONVEKTA, SUTRAK USA, Sidwal, Subros
What region does this Bus HVAC Systems Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Bus HVAC Systems Market?
Coach, Inner City Bus, School Bus
What are the major end-use applications of Bus HVAC Systems Market?
Engine Powered HAVC, Electric Powered HAVC
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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