Dublin, Jan. 13, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/mjqsvd/air_conditioning) has announced the addition of the "Air Conditioning Market by Technology (Manual/Semi-Automatic and Automatic),Component (Compressor, Evaporator, Drier/Receiver, and Condenser, Vehicle Type (PC, LCV, HCV, Off-Highway and Locomotive), and by Region - Global Trend and Forecast to 2020" report to their offering.
The automotive air conditioning systems market in terms of value is projected to grow at a CAGR of 6.69% from 2015 to 2020, during the forecast period. The market for automotive air conditioning systems in Asia-Pacific is estimated to grow at a CAGR of 6.86% from a value of USD 9.24 Billion in 2015 to USD 12.88 Billion by 2020. Owing to the increasing demand for vehicles in Asia-Pacific, this region has the highest value. The European automotive air conditioning systems market with a value of USD 3.52 billion in 2015 and is projected to grow to USD 4.74 billion by 2020.
The market for manual/semi-automatic air conditioning has attained maturity and is on the decline. The market for automatic air conditioning is at the growth stage. Air conditioning systems are one of the important aspects of the cabin experience. It not only provides cooling but also provides warm air required while driving in cold weather. The air conditioning market has seen a gradual progress in technology; soon the manual/semi-automatic operated air conditioning system will be replaced by fully automatic systems.
Companies Mentioned
- Calsonic Kansei Corporation
- Denso Corporation
- Eberspächer Group
- Hanon Systems
- Keihin Corporation
- Mahle GMBH
- Mitsubishi Heavy Industries Ltd.
- Sanden Holdings Corporation
- Subros Limited
- Valeo SA
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Technological Overview
7 By Technology
8 By Component
9 By Vehicle Type
10 By Region
11 Conditioning Systems Market For Off-Highway
12 Locomotive Air Conditioning Market
13 Competitive Landscape
14 Company Profiles
For more information visit http://www.researchandmarkets.com/research/mjqsvd/air_conditioning
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Sector: Compressors, Heat Exchangers and Cooling Towers
