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The technologies segment comprises automatic and manual. The automatic systems sector led the automotive
HVAC market in 2015 occupying over 60 % of the overall share. It is further projected to grow at a CAGR of 10 %
during the forecast period. The manual systems are a common installation in budget vehicles. The advent of
multi-zone systems makes it easier for vehicle manufacturers to modify and install better comfort features in
their products.
Geographically, the U. S. market for automotive HVAC is expected to grow at a CAGR of over 8 % over the
estimated years. The European market is also projected to boost nature-friendly technology demands in Europe
due to the favorable initiatives by the government to control the energy consumption. The APAC region is
expected to grow at a CAGR of 9 % over the next eight years.
Some of the major companies operating in the automotive HVAC market are Mahle Group; Denso Corp.; Hanon
Systems; and Valeo S. A.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/automotive-
and-transportation-industry
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