December 20, 2020

Which Automotive HVAC Component will Witness Faster Deployment in Vehicles?

The "Automotive HVAC Market Analysis to 2027" is a specialized and in-depth study of the commercial vehicle HVAC system industry with a focus on the global market trend. The report aims to provide an overview of automotive HVAC market with detailed market segmentation by technology type, equipment type, component, application and geography. The automotive HVAC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Automotive HVAC

Heating Ventilation and Air Conditioning (HVAC) is the technology that is used to sustain the internal climate of a vehicle. It helps in maintaining temperature (hot/cold) for the interior atmosphere of a vehicle and thus helps to provide comfort for on-board passengers. The major driver is the automatic climate control feature and rising demand for thermal systems, safety concerns, and the adoption of eco-friendly refrigerants will boost the demand of automotive HVAC market in the forecast period. Recent trend depicts that now companies majorly focus on customized and consumer friendly HVAC system that supports automatic air conditioning and climate control system.

The factor that can act as a restraint in the growth of the market is the increasing price of car's fuel in future will hamper the growth of automotive HVAC market. The adoption of eco - friendly refrigerants along with geothermal pumps will create new opportunities for this market in the coming years.