HVAC Systems Industry Overview The global HVAC (Heating, Ventilation, and Air Conditioning) systems market was valued at approximately USD 233.55 billion in 2023 and is expected to experience significant growth, with a projected compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. This growth is largely driven by the increasing demand for cost-effective and energy-efficient heating and...