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
To analyze and forecast India passenger car air conditioner market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in India passenger car air conditioner market was also undertaken. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for passenger car air conditioner market in India. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major automotive players were studied and projects which have commissioned in the country were identified.
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
