The global HVAC market is forecast to grow steadily at a compound annual growth rate (CAGR) of 7 percent from 2016 to 2020, according to a new report available from ReportsnReports. Rapid growth in the construction and real estate markets worldwide is having a positive impact on the HVAC market.
Nortek Inc. announced that its heating and cooling subsidiary Nordyne LLC and its Nordyne International subsidiary have changed their names to Nortek Global HVAC LLC and Nortek Global HVAC Latin America Inc., respectively. Nortek said the new names signify a unified strategy for accelerated global growth.
This AHR Expo educational session will look at the latest trends in the global HVAC market, with a special focus on the Americas. The session will look at heating, cooling, renewable energy, and intelligent building control technologies.
Market research predicts increase in U.S. Market through 2018. How much will it increase and what is happening in other global sections of HVAC equipment?
The global market for refrigerated display cases is forecast to reach $7.6 billion by 2018, driven by growing population and the corresponding rise in food retailing, according to a new report by Global Industry Analysts Inc.
According to a new report from Navigant Research, annual revenue from energy-efficient HVAC systems is expected to grow from $17.2 billion in 2013 to $33.2 billion by 2020.
The global air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 18.5 percent over the period of 2011 to 2015, according to a report from Companies & Markets.