Market Research Report
Analysis of the Market for Select HVAC Products in India
|Published by||Frost & Sullivan||Product code||227342|
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This publication has been discontinued on July 3, 2017.
Economic growth, increase in construction activities due to rise in population, rapid urbanization, and higher disposable incomes are the key factors that have contributed to the growth of the market and are likely to drive it in the future. In addition, increase in awareness about energy efficiency, availability of skilled labor, and development of eco-friendly products are the key growth drivers. The total select HVAC products market was valued at INR 31.71 billion in 2010, and it is expected to grow at a compound annual growth rate (CAGR) of 16.9 percent between 2010 and 2015, owing to the rapid growth in the construction sector