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Transparency Market Research
HVAC Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Published Date 23-Aug-2013
83 Page Report
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Press Release
HVAC Equipments Market to Exceed USD 139 Billion by 2018, Globally: Transparency Market Research
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HVAC Market
REPORT DESCRIPTION
HVAC Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018," the global HVAC equipment market is expected to exceed USD 139 billion by 2018, growing at a CAGR of 8.9% from 2012 to 2018. Browse the full report at http://www.transparencymarketresearch.com/hvac-equipment-market.html Factors such as changes in energy regulations, technological developments by manufacturers to meet these energy efficiency requirements, and growing demand across commercial sector, especially in Asia Pacific region, are some of the key growth drivers. However, the magnitude of impact of these factors on the market varies on a regional basis. Asia Pacific in particular is experiencing high growth due to robust economic activities, resulting in increased urbanization and rise in consumer spending on luxury goods and services. In addition, growth across North America is showing signs of recovery, particularly in the residential sector. Growth in the nonresidential sector, especially across the industrial segment, is slow due to dormancy in industrial activities. The commercial segment for HVAC equipments is growing at a healthy rate, with the tourism sector taking the lead. Commercial segment alone accounted for...