Commercial Vehicle AC Valves Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Vehicle Type (LCV, M&HCV), By Sales Channel (OEM and Aftermarket), By Fuel Type (Gasoline and Diesel) By Region and By Competition 2018-2028

  • Industry : Automotive
  • Pages : NA
  • Published Date : NA
Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 921 Million

CAGR (2023-2028)

6.1%

Fastest Growing Segment

LCV

Largest Market

Asia Pacific

Market Size (2028)

USD 1064 Million


Market Overview

The Global Commercial Vehicle AC Valves Market size reached USD 921 Million in 2022 and is expected grow with a CAGR of 6.1% in the forecast period. The global commercial vehicle AC valves market is a critical component of the automotive industry, specializing in air conditioning systems for commercial vehicles such as trucks, buses, and vans. These systems play a vital role in maintaining driver and passenger comfort, which is crucial for long-haul transport and passenger transportation services. The market has witnessed notable growth due to various factors that drive the demand for efficient and reliable AC valves in commercial vehicles.

One of the primary drivers of this market is the increasing demand for commercial transportation services. With the growth of e-commerce and global supply chains, the demand for commercial vehicles, especially trucks and vans, has surged. Commercial vehicles are constantly on the move, and the need for effective air conditioning systems has become paramount to ensure driver comfort during extended hours on the road. This has led to a significant demand for high-performance AC valves that can withstand rigorous usage. Additionally, environmental concerns and stringent regulations regarding vehicle emissions have propelled the development of more efficient and eco-friendly AC systems in commercial vehicles. AC valves are critical components for optimizing refrigerant flow and reducing energy consumption in these systems, aligning them with emissions reduction goals. As commercial vehicle operators seek to comply with environmental standards and reduce their carbon footprint, AC valves that enhance system efficiency have become essential.

Technological advancements also play a crucial role in shaping the commercial vehicle AC valves market. Electronic expansion valves (EEVs) have gained prominence due to their ability to provide precise control over refrigerant flow, thereby improving energy efficiency and cooling performance. Moreover, the integration of smart and IoT-based technologies in commercial vehicle AC systems is gaining traction. These technologies enable remote monitoring and control of the air conditioning system, allowing fleet operators to optimize energy usage and ensure passenger comfort.

However, the market is not without its challenges. The cost pressure on commercial vehicle operators remains a concern, which, in turn, affects their willingness to invest in advanced AC systems and valves. The supply chain disruptions experienced during events like the COVID-19 pandemic have also highlighted vulnerabilities in the availability of components, including AC valves, posing challenges to the market's stability.

In conclusion, the global commercial vehicle AC valves market is driven by the growing demand for efficient and reliable air conditioning systems in commercial vehicles due to the expansion of transportation services, environmental regulations, and technological advancements. As commercial vehicle operators seek to balance comfort, efficiency, and environmental responsibility, AC valves will continue to play a pivotal role in delivering optimal climate control solutions for the industry.

Key Market Drivers

Increasing Demand for Commercial Transportation

The expansion of global trade, e-commerce, and supply chains has led to a surge in the demand for commercial vehicles such as trucks and vans. These vehicles are the backbone of logistics and transportation services, facilitating the movement of goods across regions and countries. As commercial vehicles operate continuously, the need for effective air conditioning systems becomes essential to maintain driver comfort during long journeys. This consistent demand for commercial transportation services drives the requirement for high-performance AC valves that can withstand the rigors of continuous usage.

Stringent Emission Regulations

Governments worldwide are imposing increasingly strict regulations to curb vehicle emissions and reduce environmental impact. This regulatory push is not limited to passenger cars but extends to commercial vehicles as well. AC systems in commercial vehicles can contribute to emissions, primarily through refrigerants. To meet emission reduction goals, commercial vehicle operators and manufacturers are investing in more efficient and eco-friendly AC systems. AC valves are integral to this effort, as they optimize refrigerant flow and reduce energy consumption, helping commercial vehicles comply with emissions standards.

Rising Focus on Driver Comfort

Driver comfort is a critical consideration in commercial vehicles, especially for long-haul truck drivers and passenger transport services. Comfortable cabins are essential for driver well-being and fatigue reduction. Effective air conditioning systems with precise AC valves play a pivotal role in maintaining an optimal cabin environment, irrespective of external weather conditions. As the industry places a growing emphasis on driver comfort, the demand for reliable and efficient AC valves continues to rise.


Download Free Sample Report

Technological Advancements

The commercial vehicle AC valves market has witnessed significant technological advancements. Electronic expansion valves (EEVs) have gained prominence due to their ability to provide precise control over refrigerant flow, resulting in improved energy efficiency and enhanced cooling performance. Additionally, the integration of smart and IoT-based technologies in commercial vehicle AC systems is gaining momentum. These technologies enable remote monitoring and control of AC systems, allowing fleet operators to optimize energy usage and ensure passenger comfort, thereby driving the adoption of advanced AC valves.

Growth of the Passenger Transport Sector

Passenger transport services, including buses and minibuses, are an integral part of the commercial vehicle AC valves market. As urbanization continues and public transportation systems expand, there is a growing demand for efficient and comfortable AC systems in these vehicles. AC valves that can provide reliable and consistent cooling are crucial for ensuring passenger satisfaction. Moreover, environmental concerns have led to the adoption of low-GWP refrigerants in passenger transport vehicles, influencing AC valve design and compatibility.

Expanding E-commerce and Last-Mile Delivery: The rapid growth of e-commerce and last-mile delivery services has led to an increased number of delivery vans and trucks on the road. These vehicles require efficient and reliable air conditioning systems to preserve the quality of perishable goods and provide a comfortable environment for drivers. AC valves are essential components of these systems, ensuring that temperatures inside the cargo area are maintained at optimal levels, and drivers remain comfortable during their deliveries.

Global Urbanization Trends

Urbanization is driving the need for well-connected public transportation systems and efficient logistics networks in cities. As more people migrate to urban areas, there is an increasing demand for commercial vehicles to support public transportation and delivery services. AC valves play a critical role in maintaining comfortable conditions inside these vehicles, even in congested and often hot urban environments.

Efficiency and Fuel Savings

Fuel efficiency is a primary concern for commercial vehicle operators, as fuel costs represent a significant portion of their operating expenses. AC valves that can optimize refrigerant flow and reduce energy consumption contribute to improved overall vehicle efficiency. As fuel savings become a key driver for commercial vehicle operators, the demand for AC valves that enhance energy efficiency continues to grow.

In conclusion, the global commercial vehicle AC valves market is driven by factors such as the increasing demand for commercial transportation, stringent emission regulations, a focus on driver and passenger comfort, technological advancements, the growth of passenger transport and e-commerce, urbanization trends, and the need for efficiency and fuel savings in commercial vehicle operations. These drivers collectively shape the market's growth trajectory and influence the development of efficient and eco-friendly air conditioning solutions for commercial vehicles.

Key Market Challenges

Environmental Regulations

Stringent environmental regulations have become a major challenge for the commercial vehicle AC valves market. To meet emissions reduction goals, regulations require the use of eco-friendly refrigerants and more energy-efficient systems. Adapting to these regulations necessitates significant investments in research and development to develop AC valves that are compatible with low-GWP (Global Warming Potential) refrigerants while maintaining performance and durability.

Supply Chain Disruptions

Disruptions in the supply chain, as seen during events like the COVID-19 pandemic, can significantly impact the availability of AC valves and related components. Commercial vehicles are critical for logistics and transportation services, and any delay in obtaining AC valves can lead to operational disruptions and increased costs. Ensuring a stable supply chain is essential for manufacturers and fleet operators.

Cost Pressures

Commercial vehicle operators are constantly under pressure to reduce operating costs. This includes fuel costs, maintenance expenses, and the initial purchase price of vehicles. While efficient AC systems are essential for driver and passenger comfort, manufacturers and operators seek cost-effective solutions that do not compromise on performance. This cost-conscious approach places pressure on AC valve suppliers to provide competitive pricing.

Complexity of AC Systems

Modern commercial vehicle AC systems are becoming increasingly complex, incorporating advanced features such as multiple climate zones and air purification. Designing AC valves that can effectively function within these intricate systems while meeting performance and efficiency demands presents engineering challenges. The integration of these features requires careful coordination between various components, including AC valves.

Changing Refrigerants

The shift towards eco-friendly refrigerants with lower environmental impact requires AC valve manufacturers to adapt their products accordingly. This transition can be complex, involving redesigning valve components, conducting compatibility tests, and ensuring that AC valves work seamlessly with new refrigerants. Manufacturers must keep up with the evolving landscape of refrigerants to stay compliant with regulations and market demands.

Global Economic Uncertainty

Fluctuations in the global economy can have a significant impact on the commercial vehicle AC valves market. Economic downturns can lead to reduced commercial vehicle sales and a slowdown in fleet expansion, affecting the demand for AC valves. Economic uncertainty also makes long-term planning and investment in research and development more challenging for manufacturers.

Intense Competition

The commercial vehicle AC valves market is highly competitive, with numerous suppliers vying for contracts with vehicle manufacturers and fleet operators. This competition can result in price pressures and the need for continuous product differentiation to stand out in the market. Manufacturers must invest in research and development to stay ahead of competitors and provide innovative solutions.

Maintenance and Durability

Commercial vehicles often operate under demanding conditions, and their AC systems must be robust and durable. AC valves need to withstand extensive use and potential exposure to harsh environments. Ensuring the longevity and reliability of AC valves while minimizing maintenance requirements is a challenge that manufacturers must address to meet the expectations of fleet operators.

In summary, the global commercial vehicle AC valves market faces challenges related to environmental regulations, supply chain disruptions, cost pressures, system complexity, changing refrigerants, economic uncertainty, intense competition, and the need for maintenance and durability. Overcoming these challenges requires ongoing innovation, adaptability, and a commitment to providing efficient and reliable air conditioning solutions for the commercial vehicle industry.

Key Market Trends

Transition to Eco-Friendly Refrigerants

One of the primary trends in the commercial vehicle AC valves market is the transition to eco-friendly refrigerants. Stringent environmental regulations and the need to reduce greenhouse gas emissions are driving the adoption of low-GWP (Global Warming Potential) refrigerants. AC valve manufacturers are developing solutions that are compatible with these new refrigerants, ensuring compliance with environmental standards and reducing the environmental footprint of commercial vehicle air conditioning systems.

Focus on Energy Efficiency

Energy efficiency is a critical consideration for commercial vehicle operators seeking to reduce operating costs and environmental impact. AC valves play a vital role in optimizing the efficiency of air conditioning systems. Manufacturers are designing valves that can precisely control refrigerant flow, reduce power consumption, and enhance overall system efficiency. Energy-efficient AC valves contribute to fuel savings and reduced emissions, making them a top trend in the market.

Advanced Electronic Expansion Valves (EEVs)

Electronic expansion valves (EEVs) are gaining prominence in commercial vehicle AC systems. These valves offer precise control over refrigerant flow, allowing for better temperature and humidity control inside the cabin. EEVs enhance overall system efficiency and contribute to a more comfortable environment for drivers and passengers. Their adoption is increasing as fleet operators seek improved climate control and energy savings.

Connectivity and IoT Integration

The integration of smart and Internet of Things (IoT) technologies in commercial vehicle AC systems is a growing trend. These technologies enable remote monitoring and control of AC systems, allowing fleet operators to optimize energy usage and ensure passenger comfort. AC valves are being designed to work seamlessly with connected systems, offering features like remote diagnostics and automated maintenance scheduling.

Customized Climate Control

Commercial vehicle operators are increasingly demanding customized climate control solutions. AC systems with multiple climate zones and personalized settings for drivers and passengers are becoming more common. AC valve manufacturers are adapting to this trend by providing valves that can support complex AC system configurations, ensuring that each zone receives precise and tailored cooling.

Noise Reduction

Noise reduction is a crucial trend in commercial vehicle AC systems. AC valves can contribute to noise levels in the cabin when refrigerant flows through them. Manufacturers are developing quieter valve designs and incorporating noise-reduction technologies to create a more pleasant and quieter driving experience, particularly important for long-haul truck drivers and passenger transport services.

Ruggedization for Durability

Commercial vehicles often operate in challenging environments and endure extensive use. AC valves need to be robust and durable to withstand these conditions. Manufacturers are focusing on ruggedizing valve designs, using materials and coatings that enhance corrosion resistance and longevity. Durability is a critical factor for fleet operators looking to minimize maintenance and downtime.

Integration of Air Purification

In response to growing concerns about air quality and health, some commercial vehicle AC systems are integrating air purification technologies. These systems filter out particulate matter, allergens, and pollutants from the cabin air. AC valve manufacturers are collaborating with air purification technology providers to ensure seamless integration, offering passengers and drivers cleaner and healthier air during their journeys.

In conclusion, the global commercial vehicle AC valves market is marked by trends such as the adoption of eco-friendly refrigerants, a focus on energy efficiency and advanced EEVs, connectivity and IoT integration, customized climate control, noise reduction, ruggedization for durability, and the integration of air purification technologies. These trends reflect the industry's commitment to meeting environmental regulations, enhancing passenger and driver comfort, and improving overall system efficiency in commercial vehicle AC systems.

Segmental Insights

By Vehicle Type

By vehicle type in the commercial vehicle AC valves market reveal distinct trends. Trucks, including long-haul and delivery vehicles, prioritize durability and energy efficiency, leading to the adoption of advanced electronic expansion valves (EEVs) for precise temperature control. Buses, used for passenger transport, emphasize passenger comfort with customized climate control solutions, driving the demand for valves that support multiple climate zones. Vans, commonly employed in last-mile delivery, focus on compact yet efficient AC systems that save space and reduce energy consumption. Each vehicle type's unique requirements influence AC valve design, reflecting a market responsive to diverse commercial vehicle needs.

By Sales Channel

By sales channel in the commercial vehicle AC valves market highlight various distribution methods. Original Equipment Manufacturers (OEMs) represent a significant channel, collaborating closely with AC valve manufacturers to integrate tailored solutions into commercial vehicles. Aftermarket sales channels, including distributors and retailers, cater to replacement and repair needs, offering a wide range of AC valves for existing vehicle fleets. Additionally, direct sales and e-commerce platforms are gaining momentum, providing convenience and accessibility for fleet operators and independent repair shops. These diverse sales channels accommodate the varied requirements of commercial vehicle operators, ensuring that AC valves are readily available for maintenance and upgrades.

By Fuel Type

By fuel type in the commercial vehicle AC valves market reveal distinct trends. Diesel-powered commercial vehicles, commonly used in long-haul transport and heavy-duty applications, demand AC valves optimized for efficiency to minimize fuel consumption. Electric commercial vehicles, including battery-electric and hybrid models, prioritize lightweight and energy-efficient AC systems to extend battery life and range. Natural gas-powered vehicles, employed for their lower emissions, require AC valves compatible with alternative refrigerants to maintain eco-friendliness. Each fuel type presents unique challenges, influencing AC valve design and technology to meet the specific needs of various commercial vehicle segments in an evolving landscape of alternative propulsion methods.

By Region

By region in the commercial vehicle AC valves market reveal diverse preferences and priorities. North America emphasizes energy efficiency and compliance with stringent emissions regulations, driving the demand for eco-friendly AC valves. Europe leads in sustainability, with a focus on low-GWP refrigerants and advanced EEVs. Asia-Pacific, driven by its expanding commercial vehicle market, seeks robust and efficient AC valves, especially in hot and humid climates. Latin America faces economic disparities, influencing AC valve adoption, while the Middle East and Africa prioritize durability in extreme temperatures. These regional nuances shape AC valve design and technology to cater to specific market demands.


Download Free Sample Report

Regional Insights

North America: North America's commercial vehicle AC valves market is marked by a strong focus on energy efficiency and sustainability. Stringent emissions regulations, especially in regions like California, are driving the adoption of low-GWP refrigerants in AC systems. This shift toward eco-friendly refrigerants is influencing AC valve technology. Additionally, as consumers in North America prefer larger vehicles such as trucks, AC systems are adapting to meet the cooling needs of these segments. The integration of advanced connectivity features and noise reduction technologies is also prominent, reflecting the region's emphasis on enhancing in-cabin comfort. Supply chain resilience has become vital following disruptions, leading to diversification of sourcing.

Europe stands at the forefront of environmental regulations, which is pushing the adoption of eco-friendly refrigerants and energy-efficient AC systems. The European Union's commitment to reducing carbon emissions has accelerated the development of AC valves compatible with low-GWP refrigerants, aligning with the EU's F-Gas Regulation. Compact vehicles and electric vehicles (EVs) are gaining popularity in Europe, leading to innovative AC valve designs optimized for smaller and electrified vehicles. The integration of advanced connectivity features in AC systems for remote climate control and cabin air quality monitoring is also a notable trend. Europe's strong automotive manufacturing base fosters collaboration between OEMs and AC valve suppliers to meet stringent quality standards.

Asia-Pacific is a rapidly growing market for commercial vehicle AC valves, primarily driven by the robust expansion of the automotive industry in countries such as China and India. Rising disposable incomes and urbanization have led to increased car ownership, boosting the demand for efficient and cost-effective AC systems. AC valve manufacturers in the region are focusing on delivering high-performance valves that can withstand extreme temperatures, especially in hot and humid climates prevalent in many parts of Asia-Pacific. The integration of advanced electronic expansion valves (EEVs) for precise control of refrigerant flow aligns with the region's quest for energy-efficient solutions. Additionally, the adoption of smart and connected vehicle technologies is gaining momentum, influencing AC valve designs to accommodate these features. However, economic factors and infrastructure development can influence the pace of technological adoption in different countries within the region.

Latin America presents a unique market for commercial vehicle AC valves, characterized by diverse climates and economic conditions across different countries. In some regions, particularly those with hot and tropical climates, there is a strong demand for robust AC systems and valves that can deliver efficient cooling. However, economic challenges in certain areas can influence the adoption of advanced AC technologies. The market is also influenced by regional preferences for vehicle types, with a continued demand for compact and affordable vehicles. While there is a growing awareness of environmental issues, the adoption of low-GWP refrigerants and eco-friendly AC valves varies across countries due to economic disparities and regulatory differences.

The Middle East and Africa region experience scorching temperatures, making efficient AC systems and valves essential for commercial vehicles. The demand for AC valves that can withstand extreme heat and deliver rapid cooling is a predominant trend. In this region, the choice of refrigerants is influenced by their ability to perform effectively in high-temperature conditions. Additionally, there is a growing interest in luxury and premium commercial vehicles, which often feature advanced AC systems with sophisticated valve technology. The integration of noise reduction features to enhance cabin comfort is also a notable trend. However, economic factors and infrastructure development can influence the pace of technological adoption in different countries within the region.

Recent Developments

  • In February 2022, more than 80 new part numbers were added to the product catalog by Borgwarner, expanding the range of exhaust gas recirculation valves available. The majority of engine types can benefit from these new EGR valves' assistance in reducing emissions, promoting cleaner and more energy-efficient mobility.

Key Market Players

  • Mahle Group
  • Knorr-Bremse AG
  • Hitachi Ltd.
  • Federal-Mogul Holdings Corp
  • Eaton Corporation Plc.
  • Denso Corporation
  • FUJI OOZX Inc.
  • FTE automotive GmbH
  • Delphi Automotive PLC
  • Continental AG

Vehicle Type

By Sales Channel

By Fuel Type

By Region
  • LCV
  • M&HCV
  • OEM
  • Aftermarket
  • Gasoline
  • Diesel
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

 

Report Scope:

In this report, the Global Commercial Vehicle AC Valves Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Commercial Vehicle AC Valves Market, By Vehicle Type:

o   LCV

o   M&HCV

  • Commercial Vehicle AC Valves Market, By Sales Channel:

o   OEM

o   Aftermarket

  • Commercial Vehicle AC Valves Market, By Fuel Type:

o   Gasoline

o   Diesel

  • Commercial Vehicle AC Valves Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  Turkey

§  Iran

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Commercial Vehicle AC Valves Market.

Available Customizations:

Global Commercial Vehicle AC Valves Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Commercial Vehicle AC Valves Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Commercial Vehicle AC Valves Market

5.    Global Commercial Vehicle AC Valves Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Volume & Value

5.2.  Market Share & Forecast

5.2.1.    By Vehicle Type (SUV, Sedan, Hatchback, MUV)

5.2.2.    By Sales Channel (OEM and Aftermarket)

5.2.3.    By Fuel Type (Gasoline and Diesel)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        Asia-Pacific Market Share Analysis

5.2.4.2.        Europe & CIS Market Share Analysis

5.2.4.3.        North America Market Share Analysis

5.2.4.4.        South America Market Share Analysis

5.2.4.5.        Middle East & Africa Market Share Analysis

5.2.5.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)

5.3.  Global Commercial Vehicle AC Valves Market Mapping & Opportunity Assessment

5.3.1.    By Vehicle Type Market Mapping & Opportunity Assessment

5.3.2.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.3.    By Fuel Type Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Commercial Vehicle AC Valves Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Volume & Value

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Type Market Share Analysis

6.2.2.    By Sales Channel Market Share Analysis

6.2.3.    By Fuel Type Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        China Market Share Analysis

6.2.4.2.        India Market Share Analysis

6.2.4.3.        Japan Market Share Analysis

6.2.4.4.        Indonesia Market Share Analysis

6.2.4.5.        Thailand Market Share Analysis

6.2.4.6.        South Korea Market Share Analysis

6.2.4.7.        Australia Market Share Analysis

6.2.4.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Commercial Vehicle AC Valves Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Volume & Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Vehicle Type Market Share Analysis

6.3.1.2.2.           By Sales Channel Market Share Analysis

6.3.1.2.3.           By Fuel Type Market Share Analysis

6.3.2.    India Commercial Vehicle AC Valves Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Volume & Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Vehicle Type Market Share Analysis

6.3.2.2.2.           By Sales Channel Market Share Analysis

6.3.2.2.3.           By Fuel Type Market Share Analysis

6.3.3.    Japan Commercial Vehicle AC Valves Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Volume & Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Vehicle Type Market Share Analysis

6.3.3.2.2.           By Sales Channel Market Share Analysis

6.3.3.2.3.           By Fuel Type Market Share Analysis

6.3.4.    Indonesia Commercial Vehicle AC Valves Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Volume & Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Vehicle Type Market Share Analysis

6.3.4.2.2.           By Sales Channel Market Share Analysis

6.3.4.2.3.           By Fuel Type Market Share Analysis

6.3.5.    Thailand Commercial Vehicle AC Valves Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Volume & Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Vehicle Type Market Share Analysis

6.3.5.2.2.           By Sales Channel Market Share Analysis

6.3.5.2.3.           By Fuel Type Market Share Analysis

6.3.6.    South Korea Commercial Vehicle AC Valves Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Volume & Value

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Vehicle Type Market Share Analysis

6.3.6.2.2.           By Sales Channel Market Share Analysis

6.3.6.2.3.           By Fuel Type Market Share Analysis

6.3.7.    Australia Commercial Vehicle AC Valves Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Volume & Value

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Vehicle Type Market Share Analysis

6.3.7.2.2.           By Sales Channel Market Share Analysis

6.3.7.2.3.           By Fuel Type Market Share Analysis

7.    Europe & CIS Commercial Vehicle AC Valves Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Volume & Value

7.2.  Market Share & Forecast

7.2.1.    By Vehicle Type Market Share Analysis

7.2.2.    By Sales Channel Market Share Analysis

7.2.3.    By Fuel Type Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Market Share Analysis

7.2.4.2.        Spain Market Share Analysis

7.2.4.3.        France Market Share Analysis

7.2.4.4.        Russia Market Share Analysis

7.2.4.5.        Italy Market Share Analysis

7.2.4.6.        United Kingdom Market Share Analysis

7.2.4.7.        Belgium Market Share Analysis

7.2.4.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Commercial Vehicle AC Valves Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Volume & Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Vehicle Type Market Share Analysis

7.3.1.2.2.           By Sales Channel Market Share Analysis

7.3.1.2.3.           By Fuel Type Market Share Analysis

7.3.2.    Spain Commercial Vehicle AC Valves Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Volume & Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Vehicle Type Market Share Analysis

7.3.2.2.2.           By Sales Channel Market Share Analysis

7.3.2.2.3.           By Fuel Type Market Share Analysis

7.3.3.    France Commercial Vehicle AC Valves Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Volume & Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Vehicle Type Market Share Analysis

7.3.3.2.2.           By Sales Channel Market Share Analysis

7.3.3.2.3.           By Fuel Type Market Share Analysis

7.3.4.    Russia Commercial Vehicle AC Valves Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Volume & Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Vehicle Type Market Share Analysis

7.3.4.2.2.           By Sales Channel Market Share Analysis

7.3.4.2.3.           By Fuel Type Market Share Analysis

7.3.5.    Italy Commercial Vehicle AC Valves Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Volume & Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Vehicle Type Market Share Analysis

7.3.5.2.2.           By Sales Channel Market Share Analysis

7.3.5.2.3.           By Fuel Type Market Share Analysis

7.3.6.    United Kingdom Commercial Vehicle AC Valves Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Volume & Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Vehicle Type Market Share Analysis

7.3.6.2.2.           By Sales Channel Market Share Analysis

7.3.6.2.3.           By Fuel Type Market Share Analysis

7.3.7.    Belgium Commercial Vehicle AC Valves Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Volume & Value

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Vehicle Type Market Share Analysis

7.3.7.2.2.           By Sales Channel Market Share Analysis

7.3.7.2.3.           By Fuel Type Market Share Analysis

8.    North America Commercial Vehicle AC Valves Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Volume & Value

8.2.  Market Share & Forecast

8.2.1.    By Vehicle Type Market Share Analysis

8.2.2.    By Sales Channel Market Share Analysis

8.2.3.    By Fuel Type Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        United States Market Share Analysis

8.2.4.2.        Mexico Market Share Analysis

8.2.4.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Commercial Vehicle AC Valves Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Volume & Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Vehicle Type Market Share Analysis

8.3.1.2.2.           By Sales Channel Market Share Analysis

8.3.1.2.3.           By Fuel Type Market Share Analysis

8.3.2.    Mexico Commercial Vehicle AC Valves Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Volume & Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Vehicle Type Market Share Analysis

8.3.2.2.2.           By Sales Channel Market Share Analysis

8.3.2.2.3.           By Fuel Type Market Share Analysis

8.3.3.    Canada Commercial Vehicle AC Valves Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Volume & Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Vehicle Type Market Share Analysis

8.3.3.2.2.           By Sales Channel Market Share Analysis

8.3.3.2.3.           By Fuel Type Market Share Analysis

9.    South America Commercial Vehicle AC Valves Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Volume & Value

9.2.  Market Share & Forecast

9.2.1.    By Vehicle Type Market Share Analysis

9.2.2.    By Sales Channel Market Share Analysis

9.2.3.    By Fuel Type Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Brazil Market Share Analysis

9.2.4.2.        Argentina Market Share Analysis

9.2.4.3.        Colombia Market Share Analysis

9.2.4.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Commercial Vehicle AC Valves Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Volume & Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Vehicle Type Market Share Analysis

9.3.1.2.2.           By Sales Channel Market Share Analysis

9.3.1.2.3.           By Fuel Type Market Share Analysis

9.3.2.    Colombia Commercial Vehicle AC Valves Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Volume & Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Vehicle Type Market Share Analysis

9.3.2.2.2.           By Sales Channel Market Share Analysis

9.3.2.2.3.           By Fuel Type Market Share Analysis

9.3.3.    Argentina Commercial Vehicle AC Valves Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Volume & Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Vehicle Type Market Share Analysis

9.3.3.2.2.           By Sales Channel Market Share Analysis

9.3.3.2.3.           By Fuel Type Market Share Analysis

10. Middle East & Africa Commercial Vehicle AC Valves Market Outlook

10.1.           Market Size & Forecast

10.1.1. By Volume & Value

10.2.           Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis

10.2.2. By Sales Channel Market Share Analysis

10.2.3. By Fuel Type Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     Turkey Market Share Analysis

10.2.4.2.     Iran Market Share Analysis

10.2.4.3.     Saudi Arabia Market Share Analysis

10.2.4.4.     UAE Market Share Analysis

10.2.4.5.     Rest of Middle East & Africa Market Share Africa

10.3.           Middle East & Africa: Country Analysis

10.3.1. Turkey Commercial Vehicle AC Valves Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Volume & Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Vehicle Type Market Share Analysis

10.3.1.2.2.         By Sales Channel Market Share Analysis

10.3.1.2.3.         By Fuel Type Market Share Analysis

10.3.2. Iran Commercial Vehicle AC Valves Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Volume & Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Vehicle Type Market Share Analysis

10.3.2.2.2.         By Sales Channel Market Share Analysis

10.3.2.2.3.         By Fuel Type Market Share Analysis

10.3.3. Saudi Arabia Commercial Vehicle AC Valves Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Volume & Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Vehicle Type Market Share Analysis

10.3.3.2.2.         By Sales Channel Market Share Analysis

10.3.3.2.3.         By Fuel Type Market Share Analysis

10.3.4. UAE Commercial Vehicle AC Valves Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Volume & Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Vehicle Type Market Share Analysis

10.3.4.2.2.         By Sales Channel Market Share Analysis

10.3.4.2.3.         By Fuel Type Market Share Analysis

11. SWOT Analysis

11.1.           Strength

11.2.           Weakness

11.3.           Opportunities

11.4.           Threats

12. Market Dynamics

12.1.           Market Drivers

12.2.           Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.           Company Profiles (Up to 10 Major Companies)

14.1.1. Mahle Group

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Knorr-Bremse AG

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. Hitachi Ltd.

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. Federal-Mogul Holdings Corp

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Eaton Corporation Plc

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Denso Corporation

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. FUJI OOZX Inc

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. FTE automotive GmbH

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Delphi Automotive PLC

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10.              Continental AG

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15. Strategic Recommendations

15.1.           Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Vehicle Type

15.1.3. Target By Sales Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The Global Commercial Vehicle AC Valves Market size reached USD 921 Million in 2022.

down-arrow

In the vehicle type segment, Light Commercial Vehicles (LCVs) are currently dominating the market. LCVs encompass a wide range of vehicles, including vans and small trucks, and they play a vital role in various industries such as logistics, last-mile delivery, and urban transportation. Their dominance is attributed to their versatility, fuel efficiency, and adaptability for both goods and passenger transport. LCVs are well-suited for navigating congested urban areas while offering sufficient cargo space. As e-commerce and local delivery services expand, the demand for LCVs continues to rise, making them a prominent and influential segment in the commercial vehicle industry.

down-arrow

Asia-Pacific emerges as the dominant region in the Global Commercial Vehicle AC Valves Market. This dominance is driven by the region's thriving commercial vehicle industry, particularly in countries like China and India, which experience robust demand for efficient air conditioning systems. Asia-Pacific's focus on energy-efficient and eco-friendly AC solutions aligns with market demands, solidifying its leadership position in the commercial vehicle AC valves sector.

down-arrow

The Global Commercial Vehicle AC Valves Market is propelled by several key drivers. First, the increasing demand for commercial transportation services, driven by e-commerce and global supply chains, necessitates efficient air conditioning systems. Second, stringent emissions regulations worldwide require the adoption of eco-friendly AC systems, boosting the demand for compatible AC valves. Lastly, a growing focus on driver and passenger comfort in commercial vehicles drives the need for reliable and efficient AC solutions, further propelling market growth. These drivers collectively underscore the pivotal role of AC valves in enhancing commercial vehicle air conditioning systems.

Related Reports

profile

Srishti Verma

Business Consultant
Press Release

Commercial Vehicle AC Valves Market to Grow with a CAGR of 6.1% through 2028

Oct, 2023

Increasing demand for commercial transportation services, driven by e-commerce and global supply chains, necessitates efficient air conditioning systems are the factors driving the market in the fore

Why Choose Us