Severe levels of atmospheric change and global warming is a major factor driving the deployment rate of various indoor temperature control systems including heating, ventilation and air conditioning systems. These systems are more popular in countries that experience frequent climatic fluctuations.
The global Heating, Ventilation and Air Conditioning (HVAC) market is projected to grow from US$ 103480 million in 2023 to US$ 117990 million by 2029, at a Compound Annual Growth Rate (CAGR) of 2.2% during the forecast period.
Some of the leading players profiled in this report include Zamil Air Conditioners, Daikin, Lennox International, Ingersoll Rand, Samsung Electronics, Siemens Building Technologies, Johnson Controls, Gree Electric Appliances Inc, Honeywell International, and Fujitsu General.
In terms of produc
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