Items Tagged with 'HVAC market'
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HVAC Drives

Demand for Frequency Drives on the Uptick

Major growth, expansion projected for AC Drives across the country over the next decade  
February 6, 2017
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AC drives are an essential part of the HVAC marketplace, and the growth of the market looks to be exceptional over the next few years. According to MarketsandMarkets, the market is expected to grow from an estimated $15.72 billion in 2016 to $22.07 billion by 2021.
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HVACR Systems Market to Reach $130.7 Billion by 2024

Boosted by the demand for refrigeration equipment in cold storage and food processing
December 5, 2016
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The global HVACR systems market, which stood at a value of $81.1 billion in 2015, is likely to progress at a compound annual growth rate (CAGR) of 5.5 percent between 2016 and 2020, reaching an opportunity worth $130.7 billion by the end of the forecast period, according to a new report by Transparency Market Research (TMR).


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HVAC Systems Market Worth $173.16 Billion by 2022

Government incentives, increasing construction activities among factors driving market
July 18, 2016
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The global HVAC systems market is expected to reach $173.16 billion by 2022, increasing at a compound annual growth rate (CAGR) of 5.9 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.


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