HVAC market expects nearly 9 percent growth rate by 2018, research report says
The HVAC market, according to a report published by Transparency Market Research, is expected to grow at a compound annual growth rate of 8.9 percent from 2012 to 2018.
The report, "HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2012 - 2018," states that energy regulations, technological developments and growing demand across the commercial sector are some of the key drivers of growth.
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