HVAC
Market will register a CAGR of % during 2020-2024. The market’s growth
momentum will Accelerate.
Growing construction sector | Rising preference for condensing boilers |
Increasing refurbishment and replacement demand will be one of the major
factors driving the growth of this market. Additionally, key HVAC Market trends
such as the will also influence market growth during the forecast period.
HVAC Market Size
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growth and the market share of various regions
During the forecast period, the HVAC Market size will grow by $ 68.80 bn.
HVAC Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the HVAC Market. Though the forecast period
offers opportunities for vendors to increase their market share, factors such
as the High market competition | Lack of skilled labor | High initial
cost will also challenge the growth of the companies.
Carrier Global Corp. | Daikin Industries Ltd. | Danfoss AS | Haier Smart
Home Co. Ltd. | Johnson Controls International Plc | Lennox International Inc.
| LG Electronics Inc. | Midea Group Co. Ltd. | Samsung Electronics Co. Ltd. |
Trane Technologies Plc.list
are some of the companies covered in Technavio’s HVAC Market report for
2021-2025.
HVAC Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the HVAC Market.
The APAC will account for the largest HVAC Market share and during
2021-2025, the region will contribute to 58% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s HVAC
Market report also analyzes the market by Non-residential | Residential | HVAC
equipment | HVAC services | APAC | North America | Europe | MEA | South
America.comma
Our Custom Research Solutions can provide
tailored HVAC Market information to meet your specific
requirements.
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