The global Vehicle HVAC market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from The World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in The past 10 years, at 97.3 million and 95.89 million respectively. In 2018, The global economic expansion ended, and The global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in The world. At present, more than 90% of The world's automobiles are concentrated in The three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of The world, Europe accounts for 20%, and North America accounts for 16%
↧