Heating, ventilation, air conditioning, and refrigeration (HVAC-R) are systems that provide thermal comfort and indoor air quality in residential, commercial, or industrial buildings. These systems work together to maintain a comfortable living or working environment by controlling the temperature, humidity, and air quality. Proper installation, maintenance, and operation of HVAC-R systems are essential to optimize energy efficiency, minimize environmental impact, and provide an indoor environment conducive to wellness and productivity. The global HVAC-R market is projected to rise by USD 72.7 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.06 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive la
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