HVAC equipment (Heating, Ventilation, and Air Conditioning) includes different types of systems and units that are used to regulate and maintain indoor air quality, temperature, and humidity levels in residential, commercial, and industrial buildings. The global HVAC equipment market is likely to register a CAGR of over 3.6% with an incremental growth of USD 0.9 billion during the forecast period 2023-2029. The HVAC equipment market is driven by factors such as the increase in construction activities, rising demand for energy-efficient systems, and growing awareness about indoor air quality and comfort. With the rapid development of smart homes and smart buildings, there is a growing demand for HVAC equipment that can be remotely controlled and monitored, leading to the growth of the HVAC equipment market.The HVAC equipment market is driv
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