Automotive HVAC Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Globally, private vehicles are more popular than public vehicles and the increasing amount of time spent on travel is expected to drive the global automotive HVAC market. Automotive HVAC systems allow automobile manufacturers to differentiate their products and increase the luxury quotient by offering greater cabin comfort. Rising demand for comfort during travel is expected to be a key driving force for the market. However, automotive HVACs adversely impact fuel economy and require high maintenance; environmental and medical concerns also adversely impact market growth.