Automotive Climate Control System Market Will Continue to Grow by 2023
Market Highlights:
The surge in demand for electric vehicle is expected to directly compliment the increasing demand in the automotive climate control market. Increasing electrification of automobiles was one of the main factors that created a market for climate control in automobiles in the first place. Development of advanced electric and hybrid vehicles will further provide growth prospects in this market. However, capital intensive market is the major restraint that could hinder the market.
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