Global HVAC Equipment Market Is Grow at a CAGR of 8.5% and Expected to Reach USD 325.93 Billion by 2026 from USD 156.30 Billion in 2017
The Global Heating, Ventilation, and Air Conditioning Equipment market is accounted for $156.30 billion in 2017 and is expected to reach $325.93 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Cutting edge technology to meet consumer perceived value and climate variations are some factors impacting the market growth. However, high expenditure of energy is hindering the market growth.
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