Replacement Demand Analysis for Class 1-3 HVAC Components in Europe: European HVAC Aftermarket will be €2.58 Billion by 2029

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Jun 12, 2023, 12:00 ET

DUBLIN, June 12, 2023 /PRNewswire/ -- The "Replacement Demand Analysis for Class 1-3 HVAC Components in Europe" report has been added to ResearchAndMarkets.com's offering.

This research service covers the European passenger car and light commercial vehicle HVAC components aftermarket in terms of volume (million units) and value (€ million).

It thoroughly analyzes unit shipment, revenue, average price, and distribution channel share for eight product types: compressors, accumulators and receiver driers, evaporators, condensers, expansion valves, heater cores, radiators, and radiator fan assemblies. The base year is 2022, and the forecast period is from 2023 to 2029.

Aftermarket demand for HVAC components in Europe, which recovered in the year 2021, continued to grow in 2022 due to growth in average miles traveled, strong pent-up demand, rising average annual temperature, and aging vehicle population. However, by the end of the forecast period, both unit shipments and revenue growth will remain flat. This is mainly because of the decline in aftermarket demand for certain key HVAC components after 2025 due to reduced vehicle accidents and higher product durability.

Most of the HVAC components suffered a price hike in 2022 due to the rise in raw material costs as a result of various supply chain constraints and the geopolitical situation. Since this is a do-it-for-me market and part replacement occurs mainly in older vehicles, warehouse distributors dominate the segment. Original equipment suppliers mainly cater to the demand arising from vehicle collisions, premium vehicles, and difficult-to-find parts. Key brands in the European HVAC aftermarket are Mahle, Denso, Nissens, NRF, Valeo, Delphi, AVA Cooling and Van Wezel.

Key Topics Covered:

1. Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
Top 3 Strategic Imperatives Affecting the Growth of the Heating, Ventilation, and Air Conditioning (HVAC) Component Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis: Overall HVAC Components Aftermarket

Scope of Analysis
Segmentation
Definitions
Key Questions This Study Will Answer
Key Competitors
Key Findings
Growth Metrics
Growth Drivers
Growth Restraints
CASE Impact on the HVAC Components Aftermarket, 2029
Forecast Assumptions
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Percent Revenue Forecast by Product
Unit Shipment Forecast by Product
Percent Unit Shipment Forecast by Product
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Competitive Environment
Revenue Share by Brand

3. Growth Opportunity Analysis: Compressors

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

4. Growth Opportunity Analysis: Accumulators and Receiver Driers

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

5. Growth Opportunity Analysis: Evaporators

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

6. Growth Opportunity Analysis: Condensers

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

7. Growth Opportunity Analysis: Expansion Valves

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

8. Growth Opportunity Analysis: Heater Cores

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

9. Growth Opportunity Analysis: Radiators

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

10. Growth Opportunity Analysis: Radiator Fan Assembly

Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Revenue and Unit Shipment Forecast Analysis
Average Pricing Forecast
Revenue Share by Distribution Channel and Service Preference
Revenue Share by Brand

11. Key Supplier Profiles

MAHLE
DENSO
VALEO
Nissens
NRF

12. Growth Opportunity Universe

Growth Opportunity 1: Private Labels
Growth Opportunity 2: eCompressors
Growth Opportunity 3: CV Technology/Telematics

13. The Last Word

3 Predictions

14. Next Steps

Your Next Steps
List of Exhibit

A selection of companies mentioned in this report includes

DENSO
MAHLE
Nissens
NRF
VALEO

For more information about this report visit https://www.researchandmarkets.com/r/ja37by

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