The global heating, ventilation, and air conditioning (HVAC) market is demonstrating steady growth, becoming an integral part of modern building infrastructure.
Steady demand is supported by:
new construction;
equipment replacement;
renovation of residential and non-residential properties in leading economies, including China, India, South Korea, Brazil, Germany, France, the United Kingdom, and Spain.
📈 According to forecasts, by 2031 the market size will reach USD 292.20 billion.