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HVAC Market Growing Steadily at 7% CAGR to 2020 as Construction Booms

New construction in the residential, commercial, and industrial sectors has increased demand

December 21, 2015

The global HVAC market is forecast to grow steadily at a compound annual growth rate (CAGR) of 7 percent from 2016 to 2020, according to a new report available from ReportsnReports. Rapid growth in the construction and real estate markets worldwide is having a positive impact on the HVAC market.

Jan. 26, 2015: Nordyne Becomes Nortek Global HVAC

New Name Signifies Strategy for Accelerated Global Growth, Expanded Product Offerings

January 26, 2015

Nortek Inc. announced that its heating and cooling subsidiary Nordyne LLC and its Nordyne International subsidiary have changed their names to Nortek Global HVAC LLC and Nortek Global HVAC Latin America Inc., respectively. Nortek said the new names signify a unified strategy for accelerated global growth.

The Latest Trends in the Global HVAC Market

January 25, 2015

This AHR Expo educational session will look at the latest trends in the global HVAC market, with a special focus on the Americas. The session will look at heating, cooling, renewable energy, and intelligent building control technologies.

Global HVAC Demand to Rise Through 2018

May 26, 2014

Market research predicts increase in U.S. Market through 2018. How much will it increase and what is happening in other global sections of HVAC equipment?

Aug. 5, 2013: Growth in Foodservice Drives Demand for Display Cases

Demand for Refrigerated Display Cases Has Seen Steady Growth over the Last Decade

August 5, 2013

The global market for refrigerated display cases is forecast to reach $7.6 billion by 2018, driven by growing population and the corresponding rise in food retailing, according to a new report by Global Industry Analysts Inc.

Commercial Energy-Efficient HVAC Systems to Surpass $33 Billion by 2020

North American Market Expected to Begin Recovery in 2013

July 15, 2013

According to a new report from Navigant Research, annual revenue from energy-efficient HVAC systems is expected to grow from $17.2 billion in 2013 to $33.2 billion by 2020.

Sept. 24, 2012: Global A/C Market Forecast to Grow 18.5 Percent Between 2011 and 2015

September 24, 2012

The global air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 18.5 percent over the period of 2011 to 2015, according to a report from Companies & Markets.