Items Tagged with 'commercial HVAC market'

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District Cooling Market to Reach $17.33 Billion by 2024

Growing at a CAGR of 5.1 percent
May 3, 2017
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The global district cooling (DC) market was valued at $11.19 billion in 2015 and is expected to expand at a compound annual growth rate (CAGR) of 5.1 percent to reach $17.33 billion in 2024, according to a new Transparency Market Research report titled District Cooling Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016-2024.


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HVAC Equipment Market to Reach $155.1 Billion by 2022

Rising demand from Asia-Pacific to drive evolution
December 23, 2016
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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.


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Burlington, New Jersey-based P&N Distribution Corp. is seeing an increase in the number of commercial jobs being quoted as well as improvements in the residential new construction market.

HVAC Distributors Predict Modest Growth in 2016

Slow 2015 sales weaken the overall outlook, though the market is still growing
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Joanna R. Turpin
March 14, 2016
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The latest report from HARDI shows that average sales for HARDI distributor members increased by 8.2 percent in December 2015, but annualized growth for all of 2015 registered a bit lower at 5.7 percent. This compares to the 6.1 percent gain in 2014, the second consecutive year of slower growth since a 7.3 percent increase was reported in 2013.


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