Automotive Composites Market to Reach US$14.01 Billion by 2029, Driven by Lightweight Material Adoption Market Overview: The global automotive composites market is expected to reach US$14.01 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.45% from 2023 to 2029. This growth is driven by the increasing demand for lightweight materials to reduce...

Lucintel's latest market report analyzed that Chinese HVAC equipment provides attractive opportunities in the residential and commercial construction industries. The Chinese HVAC equipment market is expected to reach $78.1 billion by 2028 with a CAGR of 5.8%. In this market, room AC is the largest segment by product type, whereas residential is largest by end use. The increasing use of green...

The latest research study by IMARC Group, "HVAC Equipment Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a comprehensive analysis of the industry, which comprises insights on global HVAC equipment industry. The market size reached US$ 209.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 292.4 Billion by...

The flourishing construction industry has unlocked substantial business opportunities for the HVAC equipment market. HVAC equipment is installed for heating and cooling purposes in facilities such as high-rise buildings, industrial units, commercial complexes, parking units, hospitals, and hotels. The growing adoption of HVAC equipment can also be attributed to its several benefits...

Global portable HVAC equipment market is anticipated to grow at a CAGR of 5.1% during the forecast period (2024-2031). Smart technology integration is one of the most significant trends in the portable HVAC equipment market. Portable HVAC units with smart features allow users to control the temperature and settings from their mobile devices or voice-activated assistants, making them...