The global bus HVAC system market size is poised to grow by USD 33.80 million during 2020-2024, progressing at a CAGR of 1% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global Bus HVAC System Market 2020-2024 (Graphic: Business Wire)
The bus HVAC system market is driven by the increased efficiency of HVAC systems with pressure transducer technology. Unlike traditional systems, the new HVAC systems offer increased comfort level and efficiency. The global bus HVAC system is expected to grow further with the increasing adoption of new pressure transducer technology ones.
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Preference for automatic HVAC over manual HVAC will be a Key Market Trend
The emergence of automatic HVAC is turning out to be one of the major trends in this industry. Automatic HVAC requires less human intervention and manufacturers are working on differentiating their products from the competitors by introducing compact systems and sensors in HVAC systems. This has led to the shift in focus of the bus HVAC system manufacturers from the tradition HVAC system to the modern automatic HVAC system.
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Bus HVAC System Market 2020-2024: Key Highlights
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Powertrain
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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