The global HVAC-R Market was valued at $193.6 billion in 2021 and is projected to reach $257.9 billion in 2027, following a CAGR of 5% during the forecast period 2022-2027. The growth in the global HVAC-R market is expected to be driven by increasing population and rapid urbanization, drastic change in weather conditions, and emerging innovation in HVAC-R.
Market Lifecycle Stage
The HVAC-R...
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