The automotive sector in Americas became highly integrated industry in early 1980 and accounts for 40% of all trade in the region. A global scale recession of latter 2008 adversely affected the economy of Americas, declining automobile sales and scarcity of credit in the region led to more widespread crisis worsening the condition of automotive industry in Americas. However from last few years remarkable recovery is noticed in the automotive industry of Americas which is getting stable with the increasing vehicle demand in the segment of light commercial vehicle.
People in the region are more inclined toward the automobiles with advanced comfort system and features that support the health and safety regulation imposed by the government of Americas. Heating Ventilation and Air conditioning System (HVAC) is the technology for indoor and automotive ambient comfort, it also facilitates in managing the pleasant climate inside the cabin by controlling the degree of hotness/coolness. Consumers in the region are health and safety conscious which gives opportunity to the companies to grow their business in the region. Recently the HVAC systems with advance features have become more popular in Americas due to the allergy sensitive people who suffer from hay fever and other allergic problems; this has increased the demand of the HVAC systems comparatively. The key drivers behind the growth of this market are the rising amount of time spent by people in their vehicles and the growing popularity of private vehicles over public transport.
The report Americas heating ventilation and air conditioning system covers the major countries of the region and is further segmented based on technology (Automatic and Manual) and components (compressor, heating exchanging equipment, receiver/dryer and expansion valve). The study shows that the Americas heat ventilation and air conditioning market will grow at a CAGR of 8.2% during the period 2013 to 2018 and will reach a value of $ 9.99 billion by 2018. Further the report gives a technological overview gives new technologies being used to develop the heating ventilation and air conditioning system. The report includes the company profile of key market players in the field of heating ventilation and air conditioning system. It covers qualitative data providing a comprehensive review of major market drivers, restraints and opportunities, winning imperatives and key burning issues in automotive Americas heating ventilation and air conditioning system.
Key question answered
- What are the market estimates and forecasts for the Americas HVAC system market?
- What are the trends based on the key countries of the region?
- Identification of market dynamics and impact of the same on Americas HVAC system market
- Analysis of recent developments, alliances, joint ventures, and mergers & acquisitions in the fuel filter market
Audience for this report
- Manufacturer of Americas HVAC system companies
- Suppliers for fuel filter manufacturers
- Traders, distributors, and suppliers in the Americas HVAC system market
- Automobile associations
- Automotive industry as end user industry
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement