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Hanon Systems Strengthens Automotive Condenser Portfolio


Hanon Systems Strengthens Automotive Condenser Portfolio
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SEOUL, South Korea, May 7, 2021 /PRNewswire/ Global automotive supplier Hanon Systems (KS: 018880) today announced it has completed the acquisition of condenser business from Keihin Corporation for certain operations in Europe and North America.
This strategic acquisition expands our ability to supply automakers with condenser technology and further diversifies the customer base of Hanon Systems, said Nurdal Kücükkaya, representative executive officer and president of Hanon Systems. Condensers continue to be an important heat exchanger technology in automotive thermal management to support conventional and electrified vehicles. ....

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Automotive AC Compressor Market to continue to gain from Indispensable HVAC Systems for range of Automobiles, Market projected to be worth US$ 32.39 bn by 2026


Automotive AC Compressor Market – Overview
For its critical function in the working of an air conditioner, the compressor is aptly known as its heart, in automobiles too. For automobiles, irrespective of the type, the compressor compresses the refrigerant to absorb heat from the cabin air. However, electrical AC compressors for automobiles are advanced as they help to reduce vehicular emissions. In addition, electrical type AC compressors are suitable for premium vehicles, and newly introduced electric vehicles that are increasingly gaining traction.  
In fact, electrical AC compressors are gaining the attention of governments and environment conservation departments in their role to reduce vehicular emissions, which mainly comprises greenhouse gases such as CO2 and methane. Since greenhouse gas emissions is a global subject discussed among political, social, and technical circles, in a bid to reduce the emissions emanating from all possible sources of everyday function ....

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