Commercial Vehicle AC Valves Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Vehicle Type (LCV, M&HCV), By Sales Channel (OEM and Aftermarket), By Fuel Type (Gasoline and Diesel) By Region and By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 1111.85 Million
CAGR (2026-2031)	7.24%
Fastest Growing Segment	LCV
Largest Market	Asia Pacific
Market Size (2031)	USD 1691.17 Million

Market Overview

The Global Commercial Vehicle AC Valves Market will grow from USD 1111.85 Million in 2025 to USD 1691.17 Million by 2031 at a 7.24% CAGR. Commercial Vehicle AC Valves are precision electromechanical components integrated into the heating, ventilation, and air conditioning systems of trucks, buses, and vans to regulate refrigerant flow and ensure thermal efficiency. The market is primarily supported by the enforcement of stringent emissions regulations that demand energy-efficient HVAC solutions, alongside a growing operator focus on cabin comfort to enhance driver retention and safety. Additionally, the electrification of transport fleets is driving the adoption of advanced electronic valves for complex battery and cabin thermal management. According to the European Automobile Manufacturers' Association (ACEA), in 2024, global bus production increased by 10.3% to reach 362,005 units, highlighting a robust manufacturing environment for these essential vehicle subsystems.

However, a significant challenge impeding market expansion is the volatility in raw material supply chains, particularly for aluminum and copper used in valve construction. Manufacturers face pressure from fluctuating commodity prices and occasional logistical disruptions, which can lead to increased production costs and delays. These supply chain constraints compel companies to navigate complex procurement strategies, potentially hindering their ability to fully capitalize on the rising global demand for commercial vehicle climate control technologies.

Key Market Drivers

The surge in global commercial vehicle production serves as a primary catalyst for the AC valves market, creating direct demand for refrigerant flow components across light and heavy-duty fleets. As logistics networks expand, manufacturers are increasing output of delivery vans to support last-mile distribution, necessitating a corresponding rise in thermal expansion and shut-off valves. According to the European Automobile Manufacturers' Association (ACEA), January 2025, in the 'New Commercial Vehicle Registrations 2024' report, new EU van sales increased by 8.3% in 2024, reaching 1,586,688 units. This regional growth is bolstered by robust international trade where major manufacturing hubs are scaling operations to supply foreign markets; according to the China Association of Automobile Manufacturers (CAAM), in 2025, commercial vehicle exports from China reached 904,000 units in the preceding year, representing a 17.5% year-on-year increase.

Concurrently, the rising adoption of electric commercial vehicles (ECVs) requires advanced electronic expansion valves (EXVs) for complex thermal management systems. Unlike combustion engines, ECVs rely on sophisticated heat pump architectures to regulate battery temperatures and maximize driving range, demanding high-precision valves with bidirectional flow capabilities. This technological shift is accelerating rapidly, creating a high-value market segment for intelligent valve technologies that command higher price points than mechanical alternatives. According to the International Energy Agency (IEA), April 2025, in the 'Global EV Outlook 2025', sales of electric medium- and heavy-duty trucks grew by almost 80% in 2024 to exceed 90,000 units worldwide. Consequently, component manufacturers are prioritizing the development of electronic valves that integrate seamlessly with vehicle thermal controllers to support this expanding zero-emission fleet.

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Key Market Challenges

The Global Commercial Vehicle AC Valves Market encounters significant friction due to volatility in raw material supply chains, specifically affecting the availability of aluminum and copper. As these metals are critical for the construction of durable and thermally efficient valve components, erratic price fluctuations and occasional logistical bottlenecks rapidly inflate manufacturing costs. Suppliers often struggle to absorb these variance spikes or pass them on to Original Equipment Manufacturers (OEMs) due to rigid contract structures, resulting in compressed profit margins and reduced liquidity. This financial instability hampers the ability of component manufacturers to invest in necessary production capacity updates, thereby slowing their response to the sector's increasing thermal management needs.

Recent industry data underscores the severity of this material exposure. According to MEMA, The Vehicle Suppliers Association, in March 2025, 63% of surveyed supplier members reported direct exposure to aluminum tariffs and associated cost pressures. This statistic illustrates the widespread vulnerability of the supply base to commodity trade dynamics. When essential input costs rise unexpectedly, manufacturers face compounded difficulties in maintaining competitive pricing and timely delivery schedules. Consequently, these supply chain constraints act as a direct brake on market momentum, preventing suppliers from fully leveraging the expanding global demand for commercial vehicle climate control technologies.

Key Market Trends

The incorporation of IoT sensors for smart valve monitoring is rapidly emerging as a transformative trend, fundamentally shifting components from passive mechanical devices to intelligent data nodes within software-defined vehicle (SDV) architectures. This digitalization allows for real-time diagnostics and precise flow modulation, enabling fleet operators to implement predictive maintenance strategies that prevent system failures before they occur. As commercial vehicles become increasingly autonomous and connected, the demand for valves capable of communicating thermal status to central control units is surging to optimize auxiliary load management. According to Valeo, February 2025, in the '2024 Results' press release, the company recorded 17.8 billion euros in new orders, with a substantial portion driven by the acceleration of software-defined vehicle technologies that underpin the requirement for such advanced, electronically controlled thermal management systems.

Concurrently, there is a distinct engineering focus on noise-reduced valve designs tailored specifically for electric commercial fleets. Unlike internal combustion engine vehicles, where drivetrain vibration masks component sounds, electric vans and trucks operate in near silence, making the acoustic signature of solenoid clicks and refrigerant expansion audible and potentially disruptive to driver comfort. Manufacturers are consequently developing silent-operation valves using dampened armatures and refined internal flow geometries to meet the acoustic standards of modern zero-emission cabins. This niche requirement is intensifying as major OEMs scale their electric lineups; for instance, according to Daimler Truck, March 2025, in the 'Integrated Annual Report 2024', sales of the company's battery-electric trucks and buses increased by 17% to 4,035 units worldwide, creating a direct and growing application capability for these acoustically optimized thermal components.

Segmental Insights

The Light Commercial Vehicle segment stands as the fastest-growing category within the Global Commercial Vehicle AC Valves Market, primarily fueled by the rapid expansion of the e-commerce sector and the necessity for efficient last-mile delivery solutions. This operational shift has led to increased fleet utilization, prompting higher demand for reliable climate control components. Furthermore, stringent emission mandates from authorities such as the European Commission are accelerating the adoption of electric vans, which require precise thermal management for battery stability. Consequently, the industry is witnessing a sustained uptake of air conditioning valves to support both driver comfort and vehicle performance.

Regional Insights

Asia Pacific dominates the Global Commercial Vehicle AC Valves Market, driven by its established role as a primary automotive manufacturing hub. The region benefits from substantial commercial vehicle production rates in key economies like China and India, supported by expanding logistics and infrastructure sectors. Market growth is further strengthened by an increasing emphasis on driver welfare and cabin comfort in extreme climates. Consequently, regulatory measures, such as the mandate by the Ministry of Road Transport and Highways in India requiring air-conditioning systems for specific truck categories, have created a sustained demand for AC valves across the region.

Recent Developments

• In September 2025, Danfoss announced a comprehensive range of thermal management solutions for electric buses in anticipation of its participation in Busworld Europe. The company introduced the BOCK HG and HR series of transcritical CO2 compressors, which were engineered specifically to operate with the natural refrigerant R744. Alongside these compressors, the portfolio included essential line components such as thermostatic and electric expansion valves, solenoid valves, and filter driers designed to meet the rigorous demands of the bus industry. This strategic release aimed to address the growing market requirement for efficient, zero-emission public transport systems and sustainable HVACR technologies.
• In September 2024, Valeo showcased its latest thermal management innovations for the commercial transport sector at the IAA Transportation exhibition in Hanover. The company presented a diverse range of solutions aimed at vehicle electrification, including advanced battery thermal control systems and high-efficiency heat pump technologies. A key highlight was the introduction of the FlexHeater, an intelligent heating system designed to utilize interior surfaces to provide driver comfort with minimal energy consumption. The exhibition demonstrated the company's strategic focus on developing technologies that meet the evolving needs of electric trucks and delivery fleets, supporting the broader shift toward sustainable mobility.
• In August 2024, Hanon Systems announced the development of its fourth-generation heat pump system, a breakthrough thermal management solution designed to enhance the efficiency of electric vehicles. This advanced system utilized a parallel heat source recovery method to capture waste heat from the motor and battery, as well as ambient air, for effective cabin heating and cooling. The technology integrated the company's Refrigerant Control Module and Coolant Control Module into a unified control unit, which significantly improved driving range by reducing power consumption. The system was engineered to address the specific thermal management challenges of electrified mobility while maximizing component efficiency.
• In July 2024, Modine Manufacturing expanded its EVantage portfolio with the global launch of the Cabin Climate System, a comprehensive thermal management solution specifically engineered for commercial, off-highway, and specialty electric vehicles. This plug-and-play system was designed to deliver precise temperature control for vehicle cabins, providing immediate heating and cooling capabilities with substantial capacities to ensure optimal passenger comfort. The solution integrated smart electric components, including high-voltage compressors and coolant pumps, to minimize design complexity for original equipment manufacturers. The system's rugged architecture focused on reliability and ease of serviceability to effectively support the industry's transition toward zero-emission chassis applications.

Key Market Players

• Mahle Group
• Knorr-Bremse AG
• Hitachi Ltd.
• Federal-Mogul Holdings Corp
• Eaton Corporation Plc.
• Denso Corporation
• FUJI OOZX Inc.
• FTE automotive GmbH
• Delphi Automotive PLC
• Continental AG

By Vehicle Type	By Sales Channel	By Fuel Type	By Region
LCV M&HCV	OEM and Aftermarket	Gasoline and Diesel	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Commercial Vehicle AC Valves Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Commercial Vehicle AC Valves Market, By Vehicle Type:

• LCV
• M&HCV

• Commercial Vehicle AC Valves Market, By Sales Channel:

• OEM and Aftermarket

• Commercial Vehicle AC Valves Market, By Fuel Type:

• Gasoline and Diesel

• Commercial Vehicle AC Valves Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE