Infinium Global Research HVAC System Market Global Industry Analysis, Trend | Page 10

GLOBALHVAC SYSTEM MARKET, 2015 – 2023 (USD MILLION) 2015 2016 2017 2018 2019 2020 2021 2022 2023 Value HVAC system market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to technological advancements and Tax credit programmes and regulations aimed at promoting energy efficient systems are expected to enhance the demand for HVAC systems. The global market size of HVAC systemin terms of value was USD xxx.xmillion in 2015. GLOBALHVAC SYSTEM MARKET, CAGR (USD MN) GROWTH BY REGIONS (2016 – 2023) xxx.x xxx.x 2017 xxx.x 2023 xxx.x xxx.x xxx.x 2017 2023 © Infinium Global Research 2017 2023 Page 10