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Report Overview
The India automotive HVAC market is projected to grow at a CAGR of 10.30% between 2026 and 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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As per the SIAM, from April 2022 to March 2023, the sector manufactured 2.59 crore passenger vehicles and more.
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According to the Ministry of Heavy Industries, the domestic sales of automobiles have been estimated to be 2.12 crores in 2022-23.
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The Union Cabinet announced a $3.5 billion PLI scheme for the automobile sector to stimulate local production of advanced automotive technology products.
Leading Manufacturers in the India Automotive HVAC Market
The companies are a producer of thermal goods for automotive applications compressors, condensers, automotive suppliers and influencers, delivering thermal, powertrain, mobility, and electrification, specialising in components and systems for combustion engines and their peripherals, providing a diverse array of products to automakers and the aftermarket.
Subros Limited: Founded in 1985, with its headquarters in India, Subros Limited is a top producer of thermal goods for automotive applications compressors, condensers, heat exchangers, and all other connecting parts.
Denso Corporation: Founded in 1949, with its headquarters in Japan, Denso is an automotive supplier and influencer, delivering thermal, powertrain, mobility, electrification, and electronic systems to carmakers and other manufacturers globally.
MAHLE GmbH: Founded in 1920, with its headquarters in Germany, Mahle GmbH is a leading global automotive parts manufacturer, that specializes in components and systems for combustion engines and their peripherals.
Valeo: Founded in 1923, with its headquarters in France, Valeo, provides a diverse array of products to automakers and the aftermarket.
Other India automotive HVAC market key players are Sanden Vikas (India) Ltd., Hanon Systems, Delphi Technologies, Samvardhana Motherson Group, and Air International Thermal Systems, among others.
India Automotive HVAC Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 10.30% between 2026 and 2035.
The market is categorised according to the technology, which includes manual and automatic.
The market is categorised according to the vehicle type, which includes passenger cars, light commercial vehicle, and heavy commercial vehicle.
The market key players are Subros Limited, Denso Corporation, Sanden Vikas (India) Ltd., MAHLE GmbH, Valeo, Hanon Systems, Delphi Technologies, Samvardhana Motherson Group, and Air International Thermal Systems, among others.
Based on the component, the market is divided into evaporator, compressor, condenser, expansion valve, receiver-drier, and others.
Based on the propulsion type, the market is divided into IC engine and electric powered.
The market is broken down into north India, east and central India, west India, and south India.
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