Press Release

India Automotive Air Conditioning & Refrigeration Market to Grow at 10% through 2021

Increasing passenger and commercial vehicle fleet, favorable government policies, and expanding food processing industry to drive India automotive air conditioning & refrigeration market through 2021

According to TechSci Research report, India Automotive Air Conditioning & Refrigeration Market By Vehicle Type, By Tonnage Capacity, By Application, Competition Forecast & Opportunities, 2011 - 2021”, the India automotive air conditioning & refrigeration market is projected to register growth at a CAGR of 10%, during 2016 - 2021. The anticipated market growth can be attributed to increasing demand for passenger cars and commercial vehicles in the country. In addition, government focus has also shifted towards effectively managing transportation of perishable goods, in conjugation with rapidly growing demand for processed & frozen food, and changing consumption habits of consumers. With cold chain market in India standing at $ 6.84 billion in 2015 and the country’s food processing market also growing at a robust pace, during the same year, huge growth in sales of automotive air conditioning and automotive refrigeration units is anticipated during the forecast period.


Browse 13 market data Tables and 34 Figures spread through 105 Pages and an in-depth TOC on "India Automotive Air Conditioning and Refrigeration Market "

https://www.techsciresearch.com/report/india-automotive-air-conditioning-refrigeration-market-by-vehicle-type-pc-lcv-bus-hcv-by-tonnage-capacity-18k-btu-18k-40k-btu-40k-btu-by-application-dairy-products-meat-fish-etc-competition-forecast-opportunities/893.html

Booming food service & food processing industry, coupled with increasing consumption of ready to eat/cook products, dairy products and frozen foods by consumers, is anticipated to propel demand for automotive air conditioning & refrigeration in India during the forecast period. Subros, Visteon Automotive Systems, Sanden Vikas, and Trans ACNR are few of the leading players operating in India automotive air conditioning & refrigeration market in 2015. Major players offering automotive refrigeration solutions include Carrier Transicold and Thermoking, which are majorly engaged in the business of supplying truck refrigerators to truck manufacturers in India.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=893

Customers can also request for 10% free customization on this report.

“Rising medium & heavy commercial vehicle production in India, advancement in technology used in medium and heavy commercial vehicle air conditioners, rising demand for temperature controlled transportation solutions i.e. hybrid reefer trucks, etc., is expected to propel growth in market for automotive air conditioning and refrigeration in India, during 2016-2021. In addition, Government of India is taking various initiatives to increase the fleet of AC buses so as to provide comfortable and efficient means of transportation to a larger number of people across the country. This is expected to fuel automotive air conditioners and refrigerator sales across India in the coming years, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Automotive Air Conditioning & Refrigeration Market By Vehicle Type, By Tonnage Capacity, By Application, Competition Forecast & Opportunities, 2011 - 2021” has evaluated the future growth potential of automotive air conditioning & refrigeration market in India and provides statistics and information on market structure, size, share and future growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India automotive air conditioning & refrigeration market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

 

Tel: +1-646-360-1656

 

Email: sales@techsciresearch.com

Relevant Reports

India Automotive Air Conditioning & Refrigeration Market By Vehicle Type (PC, LCV, Bus & HCV), By Tonnage Capacity (<18K Btu, 18K-40K Btu & >40K Btu), By Application (Dairy Products, Meat & Fish, etc.), Competition Forecast & Opportunities, 2011-2021

Consumer Goods and Retail | Jan, 2017

Increasing passenger and commercial vehicle fleet, favorable government policies, and expanding food processing industry to drive India automotive air conditioning & refrigeration market through 2021

Relevant News