Rising demand from Asia-Pacific to drive evolution
December 23, 2016
The overall value of the global HVAC equipment market was at $91.3 billion in 2013, according to a report by Transparency Market Research. Rising at a positive compound annual growth rate (CAGR) of 6.2 percent between 2014 and 2022, the market is anticipated to reach $155.1 billion by the end of the forecast period.
Global demand for HVAC equipment is forecast to increase at a 4.1 percent yearly rate through 2020 to $122 billion, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
The market for HVAC equipment is highly mature and is expected to exhibit modest growth
May 2, 2016
The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.
Demand for energy-efficient systems produces gains
January 11, 2016
Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.
Heat pumps and room a/c will dominate; unitary air conditioners will see above average gains
July 21, 2015
The market for HVAC equipment globally is forecast to reach $155.1 billion by 2022, according to a new report published by Transparency Market Research. The demand for all types of HVAC equipment is expected to increase through 2022; however, sales of heat pumps and room air conditioners are expected to dominate through the forecast period.
Heat pump market to remain largest segment in terms of value
July 20, 2015
Lucintel forecasts that the U.S. HVAC equipment market is expected to depict a high growth during 2015-2020. The heat pump market will remain the largest segment in terms of value during the forecast period.
In the US, Recovery in Housing Market and Rebounding Consumer Confidence Will Support Sales Gains
May 16, 2014
Global demand for HVAC equipment is forecast to increase 5.7 percent annually to $120 billion by 2018, according to a new study from The Freedonia Group Inc., a Cleveland-based market research firm.
Major Drivers Include Growing Urbanization, Rising Disposable Income, Replacement Needs
May 12, 2014
The global HVAC equipment industry is expected to reach an estimated $105.7 billion by 2019, according to a report by Lucintel, a global management consulting and market research firm.
Energy Regulations, Technological Developments to Meet Energy Efficiency Requirements Are Key Growth Drivers
October 21, 2013
The global HVAC equipment market is expected to exceed $139 billion by 2018, growing at a compound annual growth rate (CAGR) of 8.9 percent from 2012 to 2018, according to “HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018,” a new report from Transparency Market Research.
The global HVAC equipment industry is exhibiting good growth opportunities for the period from 2013 to 2018, according to a report from Lucintel, a global management consulting and market research firm.