According to research, global Heating, Ventilation and Air Conditioning (HVAC) systems market will reach $286.8 billion by 2026. HVAC system is important and indispensable in almost all buildings and factories. HVAC systems are widely used in various fields of residential and commercial buildings, including education, medical treatment, retail, office, government and airport. Market growth is expected to be driven by increased demand for energy-saving HVAC systems to reduce energy consumption and carbon emissions. Growing concerns about climate change, rising energy prices and carbon emissions continue to promote the adoption of HVAC systems in the commercial sector. The market will also benefit from the growing demand for energy-saving products. Rebates for energy-saving systems such as air conditioning and HVAC encourage commercial building users to implement and upgrade HVAC systems.
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