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Lucintel Forecasts Us Hvac Equipment Market To Reach $23.1 Billion By 2027
According to the recent study the US HVAC equipment market is projected to reach an estimated $23.1 billion by 2027 from $18.5 billion in 2021, at a CAGR of 3.8% from 2021 to 2027. Growth in this market is primarily driven by growth are higher rate of building renovation and federal tax credits offered in the US to make existing facilities energy efficient and to control greenhouse gas emissions.
Browse 56 figures / charts and 15 tables in this 106 -page report to understand trends, opportunities and forecast in US HVAC equipment market by product (furnace, heat pump, central AC, room AC, and others) and by end use (residential and commercial (office, retail, hospitality, education, healthcare, and others)).
Download sample report by clicking on below link https://www.lucintel.com/us-hvac-equipment-market.aspx
“Commercial market is expected to remain the largest segment during the forecast period.”
Based on end use, the US HVAC equipment market is segmented into residential and commercial (office, retail, hospitality, education, healthcare, and others). Lucintel forecasts that the commercial market ...
... is expected to remain the largest segment due to increasing commercial construction activity and the demand for heat pumps, which expected to surge in low penetrated markets.
“Within the US HVAC equipment market, the central AC segment is expected to remain the largest product.”
Based on product the central AC segment is expected to witness the highest growth over the forecast period.
Download Brochure of this report by clicking on https://www.lucintel.com/us-hvac-equipment-market.aspx
Major players of US HVAC equipment market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Lennox International Inc., Nortek Inc., United Technologies Corporation, Emerson Electric, and LSB Industries, Inc are among the major US HVAC equipment providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/us-hvac-equipment-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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