hvac market size in india

Air Conditioning System Market Outlook

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The global Air Conditioning System Market, valued at USD 119.77 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2031, reaching an estimated USD 202.34 billion by 2031. This growth is fueled by increasing construction sector spending, government incentives for energy-efficient systems, and the proliferation of IoT-enabled … Read more

Air Conditioning System Market Trends

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Air Conditioning System Market

The global Air Conditioning System Market, valued at USD 119.77 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 6.0% during the forecast period (2023–2031), reaching an estimated USD 202.34 billion by 2031. This growth is fueled by increasing construction sector spending, government incentives for energy-efficient systems, and the proliferation of … Read more