World HVAC Equipment Market

World HVAC Equipment Market

World demand to rise 6% annually through 2018 Global demand for HVAC equipment is expected to rise roughly six percent per year to $113 billion in 2018. Gains will be aided by continued expansion in building construction activity worldwide and improved spending in developed areas as the global recession of 2009 and subsequent slow recovery…

Global HVAC Industry to Reach $105.7 Billion by 2019

Major Drivers Include Growing Urbanization, Rising Disposable Income, Replacement Needs IRVING, Texas — The global HVAC equipment industry is expected to reach an estimated $105.7 billion by 2019, according to a report by Lucintel, a global management consulting and market research firm. The major drivers of the HVAC equipment industry are growing urbanization, rising disposable…