Articles Tagged with ''global market''

heat pump

Air Source Heat Pump Demand to Exceed $2 Billion in 2021

Comprising a significant amount of total heat pump demand
March 29, 2017
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Demand for air source heat pumps is forecast to increase 2.5 percent per year through 2021 to $2.1 billion. Air source heat pumps comprise a significant amount of total heat pump demand, largely due to the easier installation requirements and lower initial costs than geothermal heat pumps. Air source heat pumps also compete more directly with other HVAC equipment and are a viable heating and cooling option in most buildings. 


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HVAC Systems Market Worth $173.16 Billion by 2022

Government incentives, increasing construction activities among factors driving market
July 18, 2016
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The global HVAC systems market is expected to reach $173.16 billion by 2022, increasing at a compound annual growth rate (CAGR) of 5.9 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.


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Report Cites Four Factors Driving the Global HVAC Market

Includes increased construction activities, growing replacement demand
March 21, 2016
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The global HVAC market is forecast to post a compound annual growth rate (CAGR) of close to 7 percent by 2020, according to the latest report from Technavio. The research study covers the present scenario and growth prospects of the HVAC market from 2016 to 2020.


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Global HVAC Market to Increase at 4.34% CAGR to 2022

Key drivers include rising population, revival in the housing markets, increases in income levels in emerging markets
February 22, 2016
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The global HVAC market is forecast to generate over $68.93 billion in value, at an estimated compound annual growth rate (CAGR) of 4.34 percent, from 2016 to 2022, according to a new report available from Research and Markets.


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