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Global Automotive Air-conditioning Compressor Market Estimated To Register A CAGR Of 7.5%
Automotive air- conditioning compressor is the heart of automotive air conditioning refrigeration system, as the core component, it plays a role in compressing and conveying refrigerant vapor. Maintaining the circulation of refrigerant in the refrigeration system with external force, inhales low temperature and low pressure refrigerant vapor from evaporator, compress refrigerant vapor to increase temperature and pressure, and the refrigerant vapor is sent to the condenser, in the process of heat absorption and release to realize heat exchange.
According to different working principle, Automotive Air-conditioning Compressor can be divided into constant displacement compressor and variable displacement compressor; According to different working methods, it also can be divided into reciprocating compressor and rotary compressor, among them, reciprocating compressor is the largest market of automotive air-conditioning compressor, occupies more than 70% market share of global automotive air-conditioning compressor market.
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……………………Benefiting from the rise in automobile production and sales, the growing car ownership as well as higher requirements of consumers on vehicle comfort, the automotive air-conditioning market shows rapid development. According to forecast, the global automotive air-conditioning compressor market is estimated to register a CAGR of 7.5% during the forecast period from 2016 to 2020. In terms of geography, Asia Pacific region will be the fastest growing market for automotive air-conditioning compressors, especially China, its compound annual growth rate will reach more than 10%. Automotive air-conditioning compressor market in Europe and North America and other developed countries has matured, the market will expand at a steady rate of growth in the next ten years.
Global leading players in the Automotive Air-conditioning Compressor Market as follows
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Joanna | Executive – International Business and partner Relations
E-mail:
[email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Joanna | Executive - International Business and partner Relations
E-mail:
[email protected]
Tel: 001-510-400-8520
Web: www.gosreports.com