TechNavio’s analysts forecast the Global Automotive Thermal Systems market to grow at a CAGR of 6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for automotive heating, ventilation, and air conditioning systems. The Global Automotive Thermal Systems market has also been witnessing an increasing demand for lightweight automotive thermal systems. However, the increase in cost-cutting measures taken by various automobile manufacturers could pose a challenge to the growth of this market. TechNavio’s report, the Global Automotive Thermal Systems Market 2012-2016, has been prepared based on an in-depth market analysis …
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