Hvac Equipment Market Expected to Reach Us$ 155.10 Bn by 2022, Globally

Transparency Market

Research

HVAC Equipment Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 – 2023

Published Date

2015-07-16

110 Page Report

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HVAC Equipment Market Expected to Reach US$ 155.10 Bn by

2022, Globally : Transparency Market Research

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HVAC Equipment Market

REPORT DESCRIPTION

Heating, Ventilation, and Air Conditioning (HVAC) equipment implement heating or cooling for residential,

industrial or commercial buildings. The HVAC systems also provide fresh outdoor air to remove interior

airborne contaminants such as volatile organic compounds and odors emitted from interior furnishings or

various cleaning chemicals among others. The HVAC equipment are anticipated to penetrate into both

residential and commercial market segments in the coming years. The industrial segment is another key

segment that is expected to witness moderate growth over the forecast period. The demand for air

conditioning equipment was the largest globally and thus, this segment dominated the HVAC equipment

market in 2013.

Browse the full HVAC Equipment Market report at

http://www.transparencymarketresearch.com/hvac-equipment-market.html

Key factors driving the global HVAC equipment market include rising urbanization, increase in new

households and average construction spending, and rise in disposable income. Another key driver of this

market is the growing demand from commercial segment and high growth and demand for HVAC products

in the Asia Pacific region. However, a major factor restraining the growth of HVAC equipment market is

high energy consumption of HVAC equipment. The market opportunities in the coming years are related to

the growing trend of smart homes, development of energy efficient systems and adoption of green

technologies...