Heat pump market to remain largest segment in terms of value
NEW YORK — The U.S. HVAC equipment market is expected to grow at a compound annual growth rate (CAGR) of 3.3 percent between 2015-2020, according to a recent report from Lucintel.
The report, “US HVAC Equipment Market 2015-2020: Trends, Forecast, and Opportunity Analysis,” provides an analysis of the HVAC equipment market, including analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes U.S. HVAC equipment market forecasts through 2020, segmented by products, including furnace, heat pump, central air conditioning, and room air conditioning. The report also provides an analysis of U.S. HVAC equipment by both residential and commercial applications.