Zion Market Research Global Automotive HVAC Market, 2015–2021 | Page 3

Automotive HVAC Market
market poses challenges to the thermal system. Furthermore, implementation of
geothermal pumps is also expected to boost the global market growth in future.
On the basis of technology, the global automotive HVAC market is segmented as
manual HVAC system and automatic HVAC system. Of which, automatic HVAC system
is a leading segment in the market owing to increasing adoption of technology by the
customers. Based on the components, the global market is segmented as receiver,
compressor, expansion device, and heat exchanging equipment. Further, the global
automatic HVAC market is segmented on the basis of vehicle type as the passenger
vehicle and commercial vehicle. The passenger vehicle segment is influencing the
market owing to its significant growth in passenger vehicle production.
Request Report TOC (Table of Contents) @
https://www.zionmarketresearch.com/toc/automotive-hvac-market
Asia Pacific is anticipated to witness the highest growth in the global automotive HVAC
market. Developing countries such as India, China, and Japan are expected to witness
the increase in the number of production and automobile manufacturers. In addition,
growing government support to the auto industry impacts the global market in a
positive way. Moreover, North America and Europe are expected to grow at the fastest
pace owing to the improving macroeconomic and production capacity.