The global HVAC (Heating, Ventilation, and Air Conditioning) equipment market is undergoing a significant transformation, driven by urbanization, smart infrastructure development, and an accelerated shift toward energy-efficient technologies. Valued at US$ 310.4 billion in 2024, the industry is expected to grow at a CAGR of 5.5% from 2025 to 2035, reaching US$ 552.6 billion by 2035. With...
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