PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258176
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258176
Global Portable HVAC Equipment Market is valued at approximately USD 3.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2029. Portable HVAC Equipment is an equipment used for air conditioning and heat ventilation in respective premises. The Portable HVAC Equipment market is expanding because of factors such as increasing demand for electronic appliances and rapid growth in industrialization. However, the high cost of portable HVAC equipment may halt market growth.
According to the Statista, 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. Another important component driving space is rapid growth in industrialization. As per Statista the value added by the manufacturing sector to GDP varies significantly across different countries worldwide. In 2020, the U.S. manufacturing sector added 2.27 trillion U.S. dollars to the country GDP, while this value in France amounted to 247 billion U.S. dollars in the same year. However, the high cost of Portable HVAC Equipment stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Portable HVAC Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the space in terms of revenue, owing to rising population, rapid urbanization and increasing disposable income levels., North America Exhibits growing stage owing to the increasing demand for energy-efficient devices in the U.S. in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable