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)).
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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.
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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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