HVAC Equipment Market Analysis, Size, Share, Growth, Trends and Forecast Report 2014 – 2022
Global HVAC equipment market was valued at US$ 91.30 billion in 2013 and is forecast to reach US$ 155.10 billion by 2022 grow at a CAGR of 6.2% from 2014 to 2022.
Market Research Engine adds a new research study on the report, titled “HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022”, it states that the HVAC market will register a healthy growth rate of 6.20% CAGR between 2014 and 2022, the HVAC equipment market is likely to rise from a value of US$91.3 billion in 2013 to US$155.1 billion by 2022.
You can view the full report here http://marketresearchengine.com/reportdetails/hvac-equipment-market
Heating, Ventilation, and Air Conditioning (HVAC) equipment is an indoor and vehicular technology for environmental comfort. It is a sub-division of mechanical engineering involving thermodynamics, fluid mechanics, and heat transfer. Nowadays, HVAC equipment is essentially installed at large industrial and commercial infrastructures to regulate temperature and humidity. It then provides fresh outdoor air and eliminates contamination.
The heating, ventilation, and air conditioning (HVAC) equipment market has further been segmented based on type such as heating (heat pumps, furnaces, unitary heaters and boilers), air conditioning (room air conditioners, unitary air conditioners and coolers and others) and ventilation (ventilation fans/air pumps and humidifiers/dehumidifiers. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
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