Coupled air conditioning hose and tube system – a look into the technology and market dynamics of the component.
As automotive HVAC systems become ‘standard fitment’ globally, the demand for associated components such as A/C hoses and tubes is forecast to rise accordingly – accounting for a business of more than USD3 billion by 2023. The increased penetration of BEVs and full HEVs is also expected to act as an impetus to the component demand, as the complex HVAC system in these vehicles is equipped with a higher number of A/C hose and tube elements –interconnecting the various modules and associated components e.g. to the battery cooling chiller, more connections in heat pumps.
As light vehicle cabins have become more sophisticated, advanced, and comfort-oriented over the years, driven by increasing customer expectations, automotive air conditioning systems have transitioned from an optional comfort feature in the earlier years to a necessity in today’s competitive automotive market. The HVAC system must ensure thermal comfort of passengers by controlling temperature and humidity in the cabin, while simultaneously aiding all-around visibility in a wide range of climates that modern vehicles are designed to work in. Advanced HVAC systems are also equipped with filters to remove pollutants and odors.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here