The global HVAC systems market size was estimated at USD 241.52 billion in 2024 and is projected to reach USD 445.73 billion by 2033, growing at a CAGR of 7.0% from 2025 to 2033. The market’s growth is being driven by rising construction activities, rapid urbanization, and the increasing demand for thermal comfort across residential, commercial, and industrial buildings. As...

The U.S. HVAC systems market is projected to grow significantly, with an expected market size of USD 49.70 billion by 2030. This expansion is anticipated to occur at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030, as per a recent report by Grand View Research, Inc. One of the primary drivers for the increasing demand for HVAC equipment in the U.S. is the diverse and...