Heating, Ventilation, And Air Conditioning (HVAC) Services include installation, replacement, maintenance, and repair services. HVAC systems are meant to give comfortable air conditions in residential or commercial set-ups and provide thermal balance. The basic function of HVAC equipment is to perform heating and cooling functions and ventilation of air.
The global Heating, Ventilation and Air Conditioning (HVAC) Systems market was valued at US$ 101070 million in 2022 and is anticipated to reach US$ 117990 million by 2029, witnessing a CAGR of 2.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The increasing energy efficiency of HVAC systems will drive the growth prospects for the global HVAC air filter market until the end of 2020. O
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