The rooftops and backyards of America are changing. Both commercial facilities and residential domiciles are taking advantage of heating and cooling technology at accelerated rates, and these rates are extending to the global market as well. According to a study done by Markets and Markets Research Private Ltd., the HVAC system market size is expected to reach $251.6 billion by 2023. There is an increasing demand for HVAC systems that reduce energy consumption globally, and there is a growing awareness of effective installation of HVAC systems that is driving growth in the Asia Pacific region, the abstract stated.
It is in this marketplace that VRF technology is carving out new paths for contractors, especially in the U.S., where increased awareness and training open up the HVAC market for both professional contractors and their customers.