Published by
Newstrail
Newstrail
According to the report, Electric Vehicle HVAC Market size is projected to reach USD 2,144.4 Million value by 2027, exhibiting a CAGR of 15.6%. The Electric Vehicle HVAC Industry was valued at USD 840.4 million in 2019. Increasing Adoption of Electric Compressor Systems to Provide Forward Thrust to the Market. The forced shutdown of automotive manufacturing plants will be the key factor affecting the electric vehicle HVAC market growth amid the COVID-19 pandemic. Further, the sharp drop in demand for vehicles worldwide resulting from the widespread adoption of remote working facilities has led…