From 2022 to 2028, the HVAC systems market is forecasted to increase its global value by almost 210 billion U.S. dollars. However, some segments within that industry have more growth potential than others. According to the forecasts, HVAC controls will be one of the most valuable segments, reaching 20 billion U.S. dollars by 2028. Meanwhile, handheld monitoring devices are expected to grow the least of all the segments included here.
Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars)
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The Insight Partners. (July 1, 2022). Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2023, from https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/
The Insight Partners. "Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars)." Chart. July 1, 2022. Statista. Accessed December 03, 2023. https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/
The Insight Partners. (2022). Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2023. https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/
The Insight Partners. "Value of The Hvac Market Worldwide in 2021 and 2022, with a Forecast for 2028, by Type of Equipment (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2022, https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/
The Insight Partners, Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/ (last visited December 03, 2023)
Value of the HVAC market worldwide in 2021 and 2022, with a forecast for 2028, by type of equipment (in billion U.S. dollars) [Graph], The Insight Partners, July 1, 2022. [Online]. Available: https://www.statista.com/statistics/1327706/hvac-equipment-global-market-size/