HVAC System Market Industry Worth $280.1 Billion by 2028
The global HVAC system market is expected to be valued at USD 206.3 billion in 2023 and is projected to reach USD 280.1 billion by 2028; it is expected to grow at a CAGR of 6.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the HVAC system market is propelled by government incentives through tax credit programs, increasing construction activities, and regulations and policies for energy saving. However, the high installation cost of energy-efficient...
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