India passenger car air conditioners market stood at over $ 603 million in 2017 and is forecast to grow at a CAGR of around 10%, to surpass $ 1 billion by 2023.
Years Considered for this Report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2019–2023
Objective of the Study
- The primary objective of the study is to understand and gain insights about the India passenger car air conditioner market and its segmental analysis By Vehicle type, By Technology, By Compressor Type and By Region.
- To estimate and forecast market size of India passenger car air conditioner market.
- To categorize and forecast India passenger car air conditioner market by vehicle type such as By Vehicle Type (Hatchback, Multi & Sports Utility Vehicle, Sedan and Compact Utility Vehicle).
- To categorize and forecast India passenger car air conditioner market by Technology - Automatic and Manual/Semi-Automatic.
- To categorize and forecast India passenger car air conditioner market by compressor type - Variable Displacement and Fixed Displacement.
- To categorize and forecast India passenger car air conditioner market by region - North, East, West and South.
- To identify major drivers & challenges for India passenger car air conditioner market.
- To identify major trends in India passenger car air conditioner market.
- To profile major companies operating in India passenger car air conditioner market.
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Few of
We took a good look at the India passenger car air conditioner market, using both a big-picture (top-down) and detailed (bottom-up) view. We actually spoke with folks at the top companies, calling them up to chat and double-check the info we were finding. We also did a bit of research on the major players in the market. Plus, we really dug deep, scrutinizing everything – every policy, every external factor, even the stuff going on inside companies – to see what might make the demand for car ACs in India go up or down. To get the real scoop, we ran primary surveys, talking to the key players and stakeholders. Finally, we checked out the future plans of the big automotive companies and identified projects that have been commissioned.
Various secondary sources such as white papers and secondary literature on passenger car air conditioner, Ministry of Commerce, CEA, Reserve Bank of India, Ministry of Housing & Urban Poverty Alleviation, Federation of Indian Chambers of Commerce and Industry (FICCI), annual reports, International Monetary Fund and World Bank were also studied by TechSci Research.
Key Target Audience
- Automotive air conditioner manufacturing companies and other stakeholders
- Automobile OEMs
- Organizations, forums and alliances related to automotive air conditioners
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is essential in delivering useful information to industry stakeholders such as air conditioner
