The global heating, ventilation, and air conditioning (HVAC) market size, which was $240.8 billion in 2019, is expected to witness a CAGR of 4.8% during the forecast period (2020–2030), to reach $358.1 billion in 2030.

The global heating, ventilation, and air conditioning (HVAC) market size, which was $240.8 billion in 2019, is expected to witness a CAGR of 4.8% during the forecast period (2020–2030), to reach $358.1 billion in 2030.