Global Heating, Ventilation, And Air Conditioning (HVAC) Market

Increasing expenditure on modern infrastructure and construction activities coupled with growing focus on the adoption of energy-efficient HVAC systems, drives the demand for HVAC system across the globe. The global HVAC market is likely to ascend from USD 182.1 billion in 2019 to USD 243.5 billion by 2027, at a CAGR of 4.5% over the forecast period (2020–2027) according to QuantAlign Research.