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Monday Apr 27, 2015
Monday Apr 27, 2015
Globally, private vehicles are more popular than public vehicles and the increasing amount of time spent on travel is expected to drive the global automotive HVAC market. Automotive HVAC systems allow automobile manufacturers to differentiate their products and increase the luxury quotient by offering greater cabin comfort. Rising demand for comfort during travel is expected to be a key driving force for the market. However, automotive HVACs adversely impact fuel economy and require high maintenance; environmental and medical concerns also adversely impact market growth.
View Automotive HVAC Market Report with Table Of Content @ http://www.grandviewresearch.com/industry-analysis/automotive-hvac-market
Technological advancements for lowering fuel consumption and economical comfort features are expected to provide new opportunities for the automotive HVAC market over the forecast period. The market can be segmented on the basis of vehicle, technology and component used. Light commercial vehicles, heavy commercial vehicles and passenger cars are the key vehicle segments. Passenger cars are expected to serve as a key market segment owing to their rising demand. Technologies used in automotive HVAC systems are automatic and manual. Automatic systems are expected to dominate the market over the coming years. Components used in automotive VAC systems include: dryers, heat exchangers and compressors.
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