DUBLIN, August 1, 2013 /PRNewswire/ --
Research and Markets
(http://www.researchandmarkets.com/research/llqr9s/global_automotive) has announced the addition of the "Global Automotive HVAC Systems Market 2012-2016" report to their offering.
The analysts forecast the Global Automotive HVAC Systems market to grow at a CAGR of 6.43 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing Global Automotive Thermal System market. The Global Automotive HVAC Systems market has also been witnessing an increased adoption of automatic HVAC systems. However, the increasing product complexity poses a challenge to the growth of this market.
The key vendors dominating this market space include Behr GmbH and Co. KG, Denso Corp., Valeo SA, and Visteon Corp.
The other vendors mentioned in this report are Calsonic Kansei Corp. and Delphi Automotive plc.
Commenting on the report, an analyst from the automotive team said: "Automotive HVAC system manufacturers are shifting their focus from developing manual HVAC systems to semiautomatic and fully automatic HVAC systems. Manufacturers are attempting to differentiate their product offerings from those of competitors by introducing multi-zone systems, improved air quality, and sensors in their HVAC systems. Such technologies that support automated HVAC systems decrease operational complexities in vehicles and help achieve greater customer satisfaction, therefore, leading to an increase in the adoption of automatic HVAC systems. These systems are expected to dominate the Global Automotive HVAC Systems market by 2016. Thus, the increasing adoption of automatic HVAC systems is an emerging trend that is expected to have a positive impact on the market."
For more information visit http://www.researchandmarkets.com/research/llqr9s/global_automotive.
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