Worldwide HVAC Market to Reach USD 207 Bn by 2022, Expects TechSci Research in Its Cutting-Edge Report Recently Added at MarketPublishers.com20 Dec 2017 • by Natalie Aster
LONDON – Enhancing focus on sustainability worldwide has spurred the adoption of different energy conservation measures, for instance, advanced monitoring systems, intelligent technologies and building automation systems, which is further expected to give a boost to the adoption of HVAC systems that are integrated with the modern smart technologies.
The worldwide HVAC market is predicted to gain traction at a robust pace during 2017-2022 to reach the value of appr. USD 207 billion. Some of the key factors anticipated to fuel the demand for HVAC systems worldwide include steady growth in the construction and infrastructure industries, and also the increasing focus on energy efficient HVAC systems.
Some of the prominent companies engaged in the global HVAC industry comprise Samsung Electronics, Ingersoll-Rand, Toshiba Corporation, Johnson Control International, Midea Group, Mitsubishi Electric Corporation, Gree Electric, Panasonic Corporation, United Technologies Corporation and Daikin Industries, amidst others.
The cutting-edge research publication “Global HVAC Market By Product Type, By End Use Sector, By Region, Competition Forecast & Opportunities, 2012–2022” elaborated by TechSci Research provides access to an extensive analysis of the global market dynamics, landscape and performance. It presents a detailed regional market breakdown, uncovers updated statistics and market data, reviews the major market growth influencing forces. Moreover, this publication offers a close look at the prevailing trends as well as emerging growth barriers and opportunities. It scrutinizes the situation across the key market sectors, estimates their share and growth rates, and also outlines future growth opportunities for the foreseeable future. Besides, this report contains a profound analysis of the competitive environment, strategic profiling of the leading players, a snapshot of the recent industry developments and an overview of the recent prices fluctuations. Additionally, a future outlook through to 2022 is at hand in this report.
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