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Auto air conditioning market from 2015 to 2020 is expected to compound annual growth rate of 6.69% growth

The 2015-11-13


Recently,Research and MarketsAdditional release global air conditioning market trends and forecast in 2020.Report from technology (manual/semi-automatic/automatic) and part type (compressor/dryer/condenser/evaporator), model (passenger car/light commercial vehicles, large commercial vehicles/suv/locomotive) and regional analysis.The report forecasts that global auto air conditioner market will be from 2015 to 2020, with compound annual growth rate of 6.69% growth.

Along with the development of the automobile air conditioning market, climate control system will soon be in most of the air conditioning market share.Forecast period, many regional technology market in Europe, output to the compound annual growth rate of 7.29% in 2015 from $2.1 billion to $3 billion in 2020.And the American locomotive air-conditioning market compound annual growth rate is expected to reach 5.15%.

Due to the progress of technology and the improvement of auto production, auto air conditioning market is expected to witness such as passenger cars, light commercial vehicles, large commercial vehicles, off-road vehicles such as different models of major change.

It is predicted that the asia-pacific region will dominate the car air conditioning market.In different areas,The carThe growth of the market will be attributed to the increasing demand for cars.In 2015, in China and India, passenger car production predictability to surge, this is, of course, also can stimulate the outbreak of the automobile air conditioning market.Cheap labor and government policy support are attracting investment makers in the local factory.

For example, the government to provide convenience to the vehicle makers and allow pure foreign capital injection, without any investment standard requirements.Investment in India makers have Japanese Toyota, hyundai, Honda, etc.In other Asia Pacific countries such as South Korea and Japan, have strong technical capabilities.The area is thus presented a balance of demand and technology, for any vehicle makers are the ideal place to invest.


(source: prnewswire.com)


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