Research and Markets has announced the addition of the "Growth Opportunities in the Global Automotive Air Conditioning Market 2016-2021: Trends, Forecast, and Opportunity Analysis" report to their offering.

Growth Opportunities in the Global Automotive Air Conditioning Market: Trends, opportunities and forecast in this market to 2021 by technology type (automatic and manual/semi-automatic), vehicle type (passenger car and light commercial vehicle), by region (North America, Europe, Asia Pacific, Rest of the World)

The future of the global automotive air conditioning market looks promising with opportunities in segments of passenger car and commercial vehicle. The global automotive air conditioning market is expected to reach an estimated $24.9 billion by 2021 and is forecast to grow at a CAGR of 5.2% from 2016 to 2021. The major drivers of growth for this market are increasing vehicle production rate, dynamic changes in the climatic conditions and pollution level, and higher requirement of customers for comfort while vehicle driving.

Emerging trends, which have a direct impact on the dynamics of the industry, include smaller and lightweight air conditioning system and new features in the functioning of the air conditioning systems.

On the basis of its comprehensive research, the author forecasts that the automatic air conditioning system segment is expected to show above average growth during the forecast period of 2016 to 2021. Automatic air conditioning system segment is expected to be the largest segment due to the increasing demand of updated and high-tech comfort features in passenger cars.

By vehicle type, passenger car segment is expected to be the largest segment. Passenger car is expected to show above average growth during the forecast period due to high production rate of the passenger car.

Asia Pacific is expected to remain the largest market due to high growth in mid-size, luxury and light vehicle production, and increasing temperature within region.

Europe and North America are expected to witness significant growth over the forecast period because of high growth in vehicle production and sales combined with growing demand of safety and comfort features in vehicles.

Key Topics Covered:

1. Executive Summary

2. Automotive Air Conditioning Market Background and Classifications

3. Markets Trend and Forecast Analysis

4. Competitor Analysis

5. Growth Opportunities and Strategic Analysis

6. Company Profiles of Leading Players

Companies Mentioned

  • Calsonic Kansei Corp
  • Denso Corporation
  • Hanon System
  • Keihin Corporation
  • Mahle Behr Gmbh & Co. KG
  • Mitsubishi Heavy Industries, Ltd.
  • Sanden Corporation
  • Subros Limited
  • Valeo SA

For more information about this report visit http://www.researchandmarkets.com/research/nt9zl3/growth