Climate Change Amplifies HVAC Equipment Requirement in India

India is increasingly adopting cooling equipment, such as room air conditioners (ACs), chillers, variable refrigerant flow (VRF) systems, split units, and ducted split/packaged units, owing to the subtropical climate of the nation. For example, southern region of the country observe hot and humid conditions for most part of the year, and varying climatic conditions are observed in northern region.
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Growing Use of HUD-Integrated ADAS Driving Microdisplay Market Expansion

The global microdisplay market was valued at $1,145.6 million in 2020, and it is predicted to progress at a CAGR of 17.1% from 2020 to 2030. The major factors driving the expansion of the market are the growing use of heads-up display (HUD)-integrated advanced driver assistance systems (ADAS), owing to the rising incidence of road accidents, especially in China, the U.S., and Japan, and surging number of near-to-eye (NTE) applications.

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