World Automotive HVAC System Market Is Expected to Reach $22.8 Billion by 2022; Finds New Report
World Automotive HVAC System Market, the world automotive HVAC system market is estimated to reach $22.8 billion, growing at a significant CAGR of 8.9% from 2016 to 2022. Asia-Pacific is expected to dominate the market throughout the analysis period, growing at the highest CAGR of 10.2% during the forecast period. Factors such as automatic climate control feature, adoption of eco-friendly refrigerant and use of geothermal heat pumps have resulted in the overall increase in demand for automotive HVAC systems. However,...
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