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Growing Automobile Industry is Anticipated to be a key Growth Driver for the Automotive HVAC Industry

August 31, 2017 | Author: | Posted in Business

The global market for automotive HVAC (Heating, Ventilating, and Air Conditioning) was estimated at USD 12 billion in 2015 and is anticipated to grow at a CAGR of over 8 % over the forecast period (from 2016 to 2024). The growing production of the passenger vehicles along with the rising income levels is projected to …

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