HVAC Market: Analysis by Size, Share, Forecasts, and Trends
Meticulous Research® has published a report titled “HVAC Market by Offering, System, Distribution Mode, Type (Split System, Packaged System), Portability, Sales Channel, Application (Cooling, Heating, Filtering), End User (Industrial, Residential, Commercial), and Geography - Global Forecast to 2031.” According to the report, the global HVAC market is projected to reach $456.6 billion by 2031, growing at a CAGR of 7.8% from 2024 to 2031. Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5968 The market’s growth is largely attributed to increasing urbanization and indoor air pollution levels. Additionally, consumers’ growing preference for comfort, combined with the rapid expansion of e-commerce and government initiatives to improve air quality, is driving the market. However, high product and maintenance costs, along with consumer reluctance to adopt advanced technology, may hinder growth. On the flip side, technological adv...