Variable Air Volume Systems Market Worth $13.44 Billion by 2021
The single duct VAV system is the most widely used
PUNE, India — The global variable air volume (VAV) systems market is projected to reach $13.44 billion by 2021, at a compound annual growth rate (CAGR) of 6.56 percent from 2016 to 2021, according to a new report published by MarketsandMarkets.
This growth is expected to be driven by the high demand for HVAC systems and the resulting increasing demand for VAV systems in the Asia-Pacific, South America, and the Middle-East & Africa regions.