HVAC System Market Analysis, Scope, and Growth by 2030
HVAC System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 246.1 Billion |
Market Size by 2030 | US$ 597.7 Billion |
Global CAGR (2022 - 2030) | 11.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
HVAC System Market News and Recent Developments
The HVAC System market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the HVAC System market are listed below:
- Voltas launched its new commercial AC product line-up for commercial spaces at the ACREX India 2024 in Noida. The new Inverter Scroll Chillers have a cooling capacity ranging from 12-72 TR with eco-friendly refrigerants. The product is IoT-enabled, BMS compatible, silent in operation, and convenient for the user, as it can be operated through a mobile app. Through this new line of Inverter Scroll Chillers, the company aims to further enhance its goal of encouraging commercial spaces, to use cutting-edge technology, for incorporating energy-efficient solutions into their operations. (Source: Voltas, Press Release, April 2024)
- Daikin Comfort Technologies North America Inc. launched Quality Install, which the company describes as a powerful new way to commission indoor comfort systems using cloud-connected equipment. (Source: Daikin Comfort Technologies, Press Release, January 2024)
HVAC System Market Report Coverage and Deliverables
The “HVAC System Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- HVAC System market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- HVAC System market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- HVAC System market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the superconductor market
- Detailed company profiles