HVAC Systems Market Revenue Rises With Replacement Cycles

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2026-02-19 06:09:46 -

The global HVAC systems market was valued at USD 258.96 billion in 2025 and is expected to reach USD 445.73 billion by 2033, registering a compound annual growth rate (CAGR) of 7.0% from 2026 to 2033. The growth of the HVAC systems industry is being driven by increasing construction activities, rapid urbanization, and a growing demand for thermal comfort across residential,...

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