Global Heating, Ventilation, and Air Conditioning (HVAC) Equipment Market to Reach US$155.1 Bn by 2022, Rising Demand from Asia Pacific to Drive Growth
The rising demand for energy-efficient systems, coupled with the rise in consumer confidence, has led to the increased uptake of heating, ventilation, and air-condition (HVAC) equipment in recent years. Household consumers and end users from commercial and construction domains alike have become more inclined towards technologically innovative products to replace their traditional counterparts. Consequently, HVAC equipment suppliers are diversifying their product portfolios to cater to the consumer demand for advanced system design and technology.A recent report by Transparency Market Research,...
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