Automotive Air Conditioner Orifice Tube Market Size
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The global automotive air conditioner orifice tube market is projected to grow at a Compound Annual Growth Rate (CAGR) of around 5.43% from 2022 to 2027. This growth is driven by increasing vehicle production, changing weather conditions, and rising disposable income, all of which contribute to the demand for air conditioning systems in vehicles.
International auto air conditioner orifice tube industry is expected to develop at rate of notable CAGR during forecast period Orifice tube regulates refrigerant flow, which is chief cooling element in the system. Orifice tube permits increased refrigerant flow where additional cooling is needed and low flow of refrigerant where minimum cooling is desired.
The balance of cooling flow is highly essential for the efficient working of air conditioners in the vehicle. The booming automotive sector and the initiatives of the automobile companies to enhance the comfort level in automobiles to increase consumer convenience are stimulating the demand for the global automotive air conditioner orifice tube market. The increase in disposable income of the consumers is allowing them to maintain an affordable quality life, which is driving the demand for the installation of air conditioners in vehicles.
High-speed industrialization in developing economies is raising the level of air pollution, which is causing various air-borne diseases. The availability of sophisticated cooling systems in cars facilitates air filtration inside the vehicle, which prevents diseases. The growth in the number of individuals who engage in daily commuting in various economies and the increasing travel distances are likely to drive air conditioners into cars over the next five years.
Closed windows in vehicles lower the wind resistance aids in enhancing the performance of the vehicles. Closed windows give rise to the necessity for other devices that permit air to flow inside vehicles, thus generating the demand for air conditioners in the vehicles.
Global automotive air conditioner orifice tube industry is divided into vehicle type, demand category, regional distribution, and company. On the basis of geographical analysis, Asia-pacific is likely to hold significant market share for the forecast period, 2022-2026. The strong demand for cars and the shifting inclination for the uptake of quality standards of living is propelling the demand in the region. OEMs are implementing innovative marketing strategies and attempting to deliver value for money services, which is fueling the need for orifice tubes in air conditioners to guarantee their proper functioning.
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Market Segments
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By Vehicle Type
The market is segmented by vehicle type, including passenger cars, light commercial vehicles (LCVs), and medium & heavy commercial vehicles (M&HCVs).
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By Demand Category
The market is further segmented by demand category, including Original Equipment Manufacturer (OEM) and replacement.
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By Region
The market is geographically segmented, with regions like North America, Europe, Asia-Pacific, and others.
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022–2026
Objective of the Study
- To analyze the historical growth of the market size of global automotive air conditioner orifice tube market from 2016 to 2019.
- To estimate and forecast the market size of global automotive air conditioner orifice tube market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global automotive air conditioner orifice tube market based on vehicle type, demand category, regional distribution, and company.
- To identify dominant region or segment in the global automotive air conditioner orifice tube market.
- To identify drivers and challenges for global automotive air conditioner orifice tube market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive air conditioner orifice tube market.
- To identify and analyze the profile of leading players operating in global automotive air conditioner orifice tube market.
- To identify key sustainable strategies adopted by market players in global automotive air conditioner orifice tube market.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers who could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Key Target Audience
- Automotive air conditioner orifice tube manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to automotive air conditioner orifice tube market.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Key Players
- Global Air, Inc.
- Valeo.
- TORALIN.
- BorgWarner.
- Indus Motors Company Pvt. Ltd.
- Danhard, Inc.
- FJC Inc.
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