Asia Pacific automotive HVAC market is expected to witness substantial growth . This growth can be attributed to the presence of major automobile manufacturers and high demand for vehicles in developing nations such as China and India . Asia Pacific accounted for over 40 % of overall revenue share in 2014 . Initiatives taken by the government to revive the auto industry is expected to propel industry growth over the forecast period . The Indian government has allowed 100 % FDI through automatic route in the automobile sector . Increasing production and rising population are expected to make India and China key regions for growth over the forecast period .
The North American HVAC market is expected to experience substantial growth owing to the improving macroeconomic condition and increasing vehicle production in the region . North America is expected to grow at a rate of over 7 % during the forecast period . In addition , increase in disposable income in the U . S is projected to boost regional growth over the forecast period .
The global HVAC industry report is a professional and in depth study on the current state of the global HVAC industry . The report offers an overview about the classification , definition , industry chain structure and applications . The analysis of the HVAC Industry is provided by looking at the trends of industry . Development policies and plans are also discussed and manufacturing processes and cost structures analyzed . HVAC industry export / import consumption , demand & supply figures , cost price and production value gross margins are also provided . The report also talks about the various factors driving the growth for the industry .
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The report also focuses on key players of the industry players providing information such as capacity production , product picture & specification , price , cost , contact information and production value . Downstream raw materials and equipment and upstream demand analysis is also carried out . Global HVAC industry development marketing channels and trends are also analyzed . Finally the viability of new investment projects are assessed and overall research conclusions offered .
Some of the key questions answered by the report are market size and its growth rate . It talks about the key market trends and major growth driving forces of the industry . The report also talks about the key challenges faced by the industry . Some of the major industry players include Air International Thermal Systems , Brose Fahrzeugteile GmbH & Co . Kg , Calsonic Kansei , DelStar Technologies , Denso Corporation , Engineered Plastic Components , and Hanon Systems . Other prominent vendors include Japan Climate Systems Corporation , Johnson Electric , Mahle Behr GmbH , Sanden Holdings Corporation , Sensata Technologies , and Valeo Group .