How Will Shifting Trends Towards Sustainable Automotive Solutions Influence Automotive HVAC Market Dynamics Over The Forecast Period?
Rising customer expectations and the subsequent surge in demand for comfortable and sophisticated vehicles are boosting automotive HVAC market share. HVAC systems have gained immense popularity over the years, leading to their integration in even entry-level vehicles.
HVAC systems are used to monitor and control cabin temperatures to suit user preferences. The efficiency of these systems can be attributed to certain parameters like low energy consumption, reduced acoustic noise and sufficient flow delivery, among others.
As per estimates by Global Market Insights, Inc. the automotive HVAC market is expected to register appreciable gains of over $25 billion by 2025.