Prospects in the thermal sector

Circular Economy

Regulation, environmentalism, evolving consumer demands and the growth of hybrid vehicles all drive growth in HVAC components

Opportunity is knocking in the thermal equipment sector, both for engine and transmission applications and for passenger comfort. True, the market is becoming more mature in terms of installation rates. But powerful new trends are apparent in such areas as technology, performance and packaging. Legislation is driving changes in both areas, leading to the development of new niche markets and to the redesign of many components to foster improved performance. Consumers have taken an avid interest in thermal products, both from comfort and environmental points of view.

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