HVAC Equipment Market to grow at over 6.15% CAGR during 2021-2025 | Technavio
NEW YORK, Aug. 13, 2021 /PRNewswire/ -- The latest market research report on HVAC Equipment Market from Technavio forecasts the market is expected to register an incremental growth of USD 41.82 billion during 2021-2025.
- NEW YORK, Aug. 13, 2021 /PRNewswire/ -- The latest market research report on HVAC Equipment Market from Technavio forecasts the market is expected to register an incremental growth of USD 41.82 billion during 2021-2025.
- Find extensive research with Data Synthesis and Validation on HVAC Equipment Market report.
- The HVAC equipment market is driven by increasing residential and commercial construction activities, cost advantages associated with renting HVAC equipment, and surging demand for centralized HVAC systems.
- In addition, other factors such as the growing adoption of prefabricated construction solutions, growing preference for customized HVAC systems, the advent of smart HVAC systems are expected to trigger the HVAC equipment market toward witnessing a CAGR of over 6.15% during the forecast period.