The analyst estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save...
The HVAC Equipment market is expected to grow at a CAGR of 4.7% over the forecast period (2021-2026). The booming construction business in individual emerging economies and the increasing end-user markets, like the data center market, are significant factors driving the growth of the HVAC equipment market over the forecast period. Some of...
The global market for Heating, Ventilation and Air Conditioning (HVAC) Systems is projected to reach US$241.8 billion by 2025, driven by the ubiquitous importance of temperature control in homes and production environments. In the residential sector, climate change is a key driving force encouraging the development of the HVAC market. Extreme...
The global chilled beam system market size is estimated at USD 203 million in 2020. It is projected to reach USD 298 million by 2025; it is expected to grow at a CAGR of 7.9% from 2020 to 2025. Increasing need for energy savings coupled with various benefits offered by chilled beam systems such as thermal comfort, floor to floor savings, and...
The miniature pneumatics market in Europe is expected to grow from US$ 523.80 million in 2019 to US$ 728.32 million by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. Miniature pneumatics offers numerous benefits such as efficiency and customization to the healthcare industry.Moreover, due to the ongoing COVID-19 pandemic,...
The global HVAC controls market size is expected to grow at a CAGR of 10.5% from 2020 to 2025, reaching USD 24.4 billion by 2025 from USD 14.8 billion in 2020. The demand for HVAC equipment is increasing owing to the boom in the construction sector on a global scale. Rapid urbanization in developing countries, especially in APAC, has created...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this U.S. HVAC Market Report The U.S. HVAC market by revenue is expected to grow at a CAGR of approx. 4% during the period 2019–2025. The U.S. HVAC industry is majorly influenced by the growth and innovations in construction technology and building...
The global smart window market (henceforth, referred to as the market studied) was valued at USD 3.88 billion in 2019 and it is expected to reach USD 6.09 billion by 2025, registering a CAGR of 8.95%, during the period of 2019-2025. Homes are increasingly becoming equipped with many advanced automation systems and smart products. With these...
Heating up: Increasing construction activity in residential and nonresidential markets will likely benefit the industry Abstract HVAC Service Franchises The HVAC Service Franchises industry is highly dependent on activity in the downstream construction sector. Many HVAC systems are installed at the...
The global HVAC filters market is projected to register a CAGR of 5.1% between 2020 and 2025, in terms of value. The global global HVAC filters market size is projected to grow from USD 5.5 billion in 2020 to USD 7.1 billion by 2025, at a CAGR of 5.1% between 2020 and 2025. Increasing demand for HVAC systems, growing awareness about...