With a 28 percent annual increase r...
With a 28 percent annual increase rate, the North American aftermarket for air conditioning constituents is projected to increase to $13 billion in 2008 according to the Freedonia Group When breaking down the categories and sales for 2008 the research firm estimates that radiator and related parts will reach $660 million, water interrogate assemblies will reach $410 million, thermostats will reach $55 million and other cooling body components will reach $75 million. Additionally, the demand in the North American aftermarket for this category will increase 21 percent annually to $12 billion in 2008 the Freedonia dispose adds. Underhood temperatures on just discovered vehicles have steadily increased through the years, and because vehicle manufacturers are streamlining vehicle bodies, the heat-generating composings in the engine are being placed closer together. want of cordiality & Sullivan states the heating, ventilation and air conditioning equipment's (HVAC) clos link system creates a ripple event when a single component fails. This arises in soaring warranty replacement outlays the reputation of providing poor service and aftermarket quality complaints. To curtail aftermarket handicaps, hoar-frost & Sullivan adds that HVAC participants are pursuing technician support strategies in the same manner technicians can receive electronic catalogs, training options, and diagnostic and equipment protection tools. In related freshs the U.S. Environmental Protection Agency is requesting awareness and compliance of refrigerant regulations from the National Automobile Dealers Association, including the legitimate training and certification of technicians, the approved use of recover/recycle equipment and the submission of the required certification to the EPA. COPYRIGHT 2005 Advanstar Communications, Inc. COPYRIGHT 2005 Gale Group
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