International.
Technavio analysts forecast that the global automotive heating, ventilation and air conditioning market will grow at a CAGR close to 9% during the forecast period, according to its latest report.
The forecast covers the periods from 2016 to 2020. "Automotive HVAC systems are adopted in both the passenger vehicle segment and the commercial vehicle segment due to the need for passenger comfort amid sudden weather changes. Another aspect driving the adoption of such systems is the effort of market players to reduce the price of the systems. These developments help push OEMs to adopt automotive HVAC systems in low-cost vehicle segments in emerging countries," says Siddharth Jaiswal, Technavio's lead analyst for automotive electronics research.
This market research analysis identifies the use of pressure transducers that increase the efficiency of HVAC systems as one of the major growth factors for the automotive HVAC systems market. Although pressure cycle switches (PCS) were efficient at controlling the temperature and pressure of vehicle air conditioning systems in different locations, they lacked flexibility and resulted in a reduction in system efficiency.
This, in turn, will lead to the development of pressure sensors for air conditioning control. In addition to continuously monitoring the pressure, these sensors are also compatible with liquid refrigerants. This will reduce the manufacturing costs of HVAC systems and subsequently result in increased adoption among automakers.
