DUBLIN, Oct. 14, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Automotive Climate Control Market 2014-2018" report to their offering.
Automotive climate control system offers passenger comfort by maintaining the right balance of air filtration, air distribution, and air purification in a vehicle. It comprises of five main components: compressor, condenser, evaporator, expansion device, and fluid transport. This system offers heating, ventilation, and air conditioning to maintain good air quality and deliver thermal comfort through adequate ventilation inside vehicles.
The analysts forecast the Global Automotive Climate Control market to grow at a CAGR of 5.46 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Automotive Climate Control market for the period 2014-2018. To calculate market size, the report considers the revenue generated through the sales of products heating, ventilation, and air conditioning (HVAC), positive temperature coefficient (PTC) heater, and compressor.
The report, the Global Automotive Climate Control Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Automotive Climate Control market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
One key upcoming trend in the market is the introduction of digital systems and IP technology in HVAC control systems. Currently, new projects are being designed and commissioned that aim to utilize digital architecture, IP-based communication, and web accessibility to increase their capability. This development is likely to pave the way for bidirectional communication between systems via TCP/IP, thereby allowing better integration.
According to the report, one of the major drivers in the market is the increase in demand from BRIC countries. The continuous economic growth in BRIC countries has improved the financial status of their population, leading to higher disposable income in these countries. As a result, the demand for automobiles integrated with automotive climate control systems with advanced features has increased.
Further, the report states that one of the key challenges in this market is the increasing product complexity caused by changing customer requirements and norms. Vendors in the Global Automotive Climate Control market constantly innovate to meet changing end-user requirements such as varying vehicle safety and emission standards. Managing costs while meeting these increasing product complexities has become a major challenge for automotive climate control systems vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Prominent Vendors
19. Other Reports in this Series
- Delphi Automotive
- Mahle Behr
- Calsonic Kansei
For more information visit http://www.researchandmarkets.com/research/cxq34c/global_automotive
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SOURCE Research and Markets