A new report says the future for the energy-efficient HVAC construction industry is strong, with global HVAC market revenue expected to increase from $22.8 billion this year to $47.5 billion within a decade.
The figures come from a report from Navigant Research. The analysis says HVAC market equipment accounts for almost 40 percent of worldwide energy consumption. This makes the market for energy-efficient green HVAC technologies especially important for building owners, officials say.