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.
Author: Seshasayee Tatineni
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™
Scope of Analysis
Segmentation
Definitions
Definitions (continued)
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
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
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
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
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
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
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
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
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
MAHLE
DENSO
VALEO
Nissens
NRF
Growth Opportunity 1: Private Labels
Growth Opportunity 1: Private Labels (continued)
Growth Opportunity 2: eCompressors
Growth Opportunity 2: eCompressors (continued)
Growth Opportunity 3: CV Technology/Telematics
Growth Opportunity 3: CV Technology/Telematics (continued)
3 Predictions
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures- HVAC Component Aftermarket: Growth Metrics, Europe, 2022
- HVAC Components Aftermarket: Growth Drivers, Europe, 2023–2029
- HVAC Components Aftermarket: Growth Restraints, Europe, 2023–2029
- HVAC Component Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- HVAC Component Aftermarket: Revenue Forecast by Product, Europe, 2019–2029
- HVAC Component Aftermarket: Percent Revenue Forecast by Product, Europe, 2019–2029
- HVAC Component Aftermarket: Unit Shipment Forecast by Product, Europe, 2019–2029
- HVAC Component Aftermarket: Percent Unit Shipment Forecast by Product, Europe, 2019–2029
- HVAC Component Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- HVAC Component Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- HVAC Component Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- HVAC Component Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- HVAC Component Aftermarket: Revenue Share by Brand, Europe, 2022
- Compressor Aftermarket: Growth Metrics, Europe, 2022
- Compressor Aftermarket: Revenue and Unit Shipment Forecast, Europe 2019–2029
- Compressor Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Compressor Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Compressor Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Compressor Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Compressor Aftermarket: Revenue Share by Brand, Europe, 2022
- Accumulator and Receiver Drier Aftermarket: Growth Metrics, Europe, 2022
- Accumulator and Receiver Drier Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Accumulator and Receiver Drier Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Accumulator and Receiver Drier Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Accumulator and Receiver Drier Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Accumulator and Receiver Drier Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Accumulator and Receiver Drier Aftermarket: Revenue Share by Brand, Europe, 2022
- Evaporator Aftermarket: Growth Metrics, Europe, 2022
- Evaporator Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Evaporator Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Evaporator Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Evaporator Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Evaporator Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Evaporator Aftermarket: Revenue Share by Brand, Europe, 2022
- Condenser Aftermarket: Growth Metrics, Europe, 2022
- Condenser Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Condenser Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Condenser Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Condenser Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Condenser Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Condenser Aftermarket: Revenue Share by Brand, Europe, 2022
- Expansion Valve Aftermarket: Growth Metrics, Europe, 2022
- Expansion Valve Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Expansion Valve Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Expansion Valve Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Expansion Valve Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Expansion Valve Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Expansion Valve Aftermarket: Revenue Share by Brand, Europe, 2022
- Heater Core Aftermarket: Growth Metrics, Europe, 2022
- Heater Core Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Heater Core Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Heater Core Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Heater Core Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Heater Core Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Heater Core Aftermarket: Revenue Share by Brand, Europe, 2022
- Radiator Aftermarket: Growth Metrics, Europe, 2022
- Radiator Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Radiator Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Radiator Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Radiator Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Radiator Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Radiator Aftermarket: Revenue Share by Brand, Europe, 2022
- Radiator Fan Assembly Aftermarket: Growth Metrics, Europe, 2022
- Radiator Fan Assembly Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029
- Radiator Fan Assembly Aftermarket: Revenue Forecast by Region, Europe, 2019–2029
- Radiator Fan Assembly Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029
- Radiator Fan Assembly Aftermarket: Average Pricing Forecast, Europe, 2019–2029
- Radiator Fan Assembly Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022
- Radiator Fan Assembly Aftermarket: Revenue Share by Brand, Europe, 2022
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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.
Author: Seshasayee Tatineni
| Deliverable Type | Market Research |
|---|---|
| Author | seshasayee Tatineni |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Europe HVAC System Market |
| Keyword 2 | Europe HVAC Equipment Market |
| Keyword 3 | HVAC Components in Europe |
| List of Charts and Figures | HVAC Component Aftermarket: Growth Metrics, Europe, 2022~ HVAC Components Aftermarket: Growth Drivers, Europe, 2023–2029~ HVAC Components Aftermarket: Growth Restraints, Europe, 2023–2029~ HVAC Component Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ HVAC Component Aftermarket: Revenue Forecast by Product, Europe, 2019–2029~ HVAC Component Aftermarket: Percent Revenue Forecast by Product, Europe, 2019–2029~ HVAC Component Aftermarket: Unit Shipment Forecast by Product, Europe, 2019–2029~ HVAC Component Aftermarket: Percent Unit Shipment Forecast by Product, Europe, 2019–2029~ HVAC Component Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ HVAC Component Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ HVAC Component Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ HVAC Component Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ HVAC Component Aftermarket: Revenue Share by Brand, Europe, 2022~ Compressor Aftermarket: Growth Metrics, Europe, 2022~ Compressor Aftermarket: Revenue and Unit Shipment Forecast, Europe 2019–2029~ Compressor Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Compressor Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Compressor Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Compressor Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Compressor Aftermarket: Revenue Share by Brand, Europe, 2022~ Accumulator and Receiver Drier Aftermarket: Growth Metrics, Europe, 2022~ Accumulator and Receiver Drier Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Accumulator and Receiver Drier Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Accumulator and Receiver Drier Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Accumulator and Receiver Drier Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Accumulator and Receiver Drier Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Accumulator and Receiver Drier Aftermarket: Revenue Share by Brand, Europe, 2022~ Evaporator Aftermarket: Growth Metrics, Europe, 2022~ Evaporator Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Evaporator Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Evaporator Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Evaporator Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Evaporator Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Evaporator Aftermarket: Revenue Share by Brand, Europe, 2022~ Condenser Aftermarket: Growth Metrics, Europe, 2022~ Condenser Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Condenser Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Condenser Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Condenser Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Condenser Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Condenser Aftermarket: Revenue Share by Brand, Europe, 2022~ Expansion Valve Aftermarket: Growth Metrics, Europe, 2022~ Expansion Valve Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Expansion Valve Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Expansion Valve Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Expansion Valve Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Expansion Valve Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Expansion Valve Aftermarket: Revenue Share by Brand, Europe, 2022~ Heater Core Aftermarket: Growth Metrics, Europe, 2022~ Heater Core Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Heater Core Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Heater Core Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Heater Core Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Heater Core Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Heater Core Aftermarket: Revenue Share by Brand, Europe, 2022~ Radiator Aftermarket: Growth Metrics, Europe, 2022~ Radiator Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Radiator Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Radiator Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Radiator Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Radiator Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Radiator Aftermarket: Revenue Share by Brand, Europe, 2022~ Radiator Fan Assembly Aftermarket: Growth Metrics, Europe, 2022~ Radiator Fan Assembly Aftermarket: Revenue and Unit Shipment Forecast, Europe, 2019–2029~ Radiator Fan Assembly Aftermarket: Revenue Forecast by Region, Europe, 2019–2029~ Radiator Fan Assembly Aftermarket: Unit Shipment Forecast by Region, Europe, 2019–2029~ Radiator Fan Assembly Aftermarket: Average Pricing Forecast, Europe, 2019–2029~ Radiator Fan Assembly Aftermarket: Revenue Share by Distribution Channel and Service Preference, Europe, 2022~ Radiator Fan Assembly Aftermarket: Revenue Share by Brand, Europe, 2022~ |
| Podcast | No |
| WIP Number | PDF6-01-00-00-00 |
Replacement Demand Analysis for Class 1–3 HVAC Components in Europe
Replacement Demand Analysis for Class 1–3 HVAC Components in Europe
European HVAC Aftermarket will be €2.58 Billion by 2029
RELEASE DATE
05-May-2023
05-May-2023
REGION
Europe
Europe
Deliverable Type
Market Research
Market Research
Research Code: PDF6-01-00-00-00
SKU: AU02526-EU-MT_27627
$4,950.00
In stock
SKU
AU02526-EU-MT_27627