Market Analysis Report Automotive HVAC Market | Page 2

Your Catalyst to a Lucrative Business of luxury vehicles globally. Demands in the LCV sector is anticipated to grow at a CAGR of 8 % during the estimated years. 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 About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - https://www.hexaresearch.com Follow Us: