Research Support Specialist, USA
The U.S. HVAC systems market size is expected to value at USD 26.93 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The market is predominantly driven by the increase in global warming and the subsequent climate changes.Read More »
The global heating, ventilation, and air conditioning (HVAC) systems market is anticipated to be worth USD 234.9 billion by 2030 and grow at a CAGR of 6.3%. Key trends like changes in climatic conditions, need and desire for an ambient surrounding, and availability of innovative and energy-efficient features in HVAC systems are likely to gain more traction in the upcoming years.Read More »
With reference to the report published, the global agricultural ventilation fans market was prized by USD 540.7 million, in 2019. It is estimated to witness, 10.9% CAGR from 2020 to 2027. As a result of the recurrent increase in the habit of indoor agriculture, the demand for agricultural ventilation fans has flooded, during the previous a small number of years. The escalating populace of the world, along with the altering climatic circumstances, has augmented the worldwide demand for the metropolitan farming.Read More »
The global industrial microwave heating equipment market generated a revenue of USD 1.03 billion in 2019. It is estimated to witness 6.21% CAGR from 2020 to 2027. The rising adoption of such equipment across industries like food, plastic, paper, derivatives and wood is expected to drive the market growth.Read More »
The U.S. heating equipment market size was accounted for USD 3.60 billion in 2019. It is projected to witness a CAGR of 6.02% over the forecasted years, 2020 to 2027. Rapid industrialization and huge investments across the real estate sector are estimated to augment market growth.Read More »
The North America industrial insulation market size was accounted for USD 1.86 billion in 2017. It is projected to grow at a significant CAGR of 4.0% over the forecast period, 2018 to 2025. The increasing demand for insulation materials in different industries with an emphasis on reducing thermal losses in heat transfer operations is boosting the market growth.Read More »
The global industrial air filtration market size was accounted for USD 10.4 billion in 2019. It is projected to expand at a CAGR of 7.3% over the forecast period, 2020 to 2027. The growing need for controlling air quality across end-use industries is mainly driving the market growth. Air filtration system helps to control contaminants level in the air and to improve air quality. In addition, the rising environmental concerns and reducing natural depositories are projected to spur the growth of the market. Read More »
The Europe industrial air filtration market size was worth USD 2.8 billion in 2019. The market is projected to register 6.5% CAGR over the forecast duration, 2020 to 2027. Increasing need to control the air quality of various end-use industries is driving the growth of the market. Air filtration helps in improving the quality of air by reducing the concentration to a level mandated by law.Read More »
The global aluminum curtain wall market size was USD 31.9 billion in 2019. It is anticipated to witness 9.6% CAGR over the forecast duration, 2020 to 2027. Increasing focus on securing the wall outside in businesses premises is driving the product growth. These curtains walls are used in various commercial and residential sectors to resist the water and air filtration.Read More »
The global hospital HVAC systems market size was valued at USD 7.05 billion in 2018 and projected to grow at a 7.2% CAGR from 2019 to 2025. Environmental factors like humidity, temperature, pressure and airflow play an important role to maintain a healthy environment, especially in hospitals. Thus, to maintain requisite temperature range in order to ensure the health & safety of patients in the hospitals are expected to drive the market growth.Read More »
The North American heating equipment market size was valued at USD 7.02 billion in 2017. It is projected to witness a CAGR of 5.6% over the forecasted years, 2018 to 2025. Surging need for adopting cost-effective and energy-efficient heating equipment for residential and commercial sectors are expected to drive the market growth.Read More »
The global oil free air compressor market size was accounted for USD 11.24 billion, in 2018. It is anticipated to grow at a CAGR of 4.8% over the forecast period, 2019 to 2025. Increasing demand for oil-free air compressors in air quality managing applications is boosting the market growth. Air compressors provide high reliability and improved operational efficiency. These benefits are proliferating the need for air compressors in industry applications and thus driving the market.Read More »
The global shell & tube heat exchangers market size was accounted for USD 5.68 billion in 2019. It is projected to witness a CAGR of 6.2% CAGR over the forecasted years, 2020 to 2027. The increasing need for technologically advanced equipments for efficient heat transfer across several industries is expected to drive the market growth of shell & tube heat exchangers.Read More »
The global power air purifying respirator market size was accounted for USD 1.8 billion in 2018 and expected to grow with a CAGR of 6.8%, during the forecast period, 2019 to 2025. The growing number of petrochemical, chemical, and pharmaceutical industries, as well as increasing demand for firefighting services across the world, is projected to fuel the demand for respiratory protection equipment including power air purifier.Read More »
The global spray drying equipment market size was accounted for USD 4.63 billion in 2018. It is estimated to grow at the CAGR of 6.8% over the forecasted period, from 2019 to 2025. Shifting consumer preference for fast food products and functional items along with rising focus by companies to improve shelf-life of products is projected to propel the market growth.Read More »
The global air compressor market size was valued at USD 31.26 billion in 2018 and expected to grow with a CAGR of 3.8% over the forecast period, from 2019 to 2025.Growing demand for air compressors in the food & beverage industry owing to strict norms for food safety is expected to drive the market growth. In North American and Middle East countries, high investment for the oil and gas exploration process is expected to further augment the market growth.Read More »
The Europe heating radiators market size was accounted for USD 1.8 billion in 2018 and projected to grow at 8.4% CAGR over the forecast period, from 2019 to 2025. Growing demand for an energy-efficient solution along with upgraded equipment among residential, commercial and industrial sectors is projected to drive the market growth. Factors such as attractive interest rates, increasing employment in the construction sector and other policies are expected to drive the market growth in residential and commercial sectors. Read More »
The global heating radiator market size was accounted for USD 5.1 billion in 2018 and is projected to grow at the CAGR of 8.8% over the forecasted period, 2019 to2025. Rising demand for heating solutions with high energy efficiency especially in residential areas is projected to increase the demand for the product in the next few years. Moreover, the increasing need for advanced or updated equipment is projected to contribute to the market growth. Read More »
The air conditioning systems market size across the globe was valued USD 102.02 billion in the year 2018. It is anticipated to witness a CAGR of 9.9% during the forecasted period, 2019 to 2025. The rising need for maintenance of temperature, air pressure, and humidity in the atmospheric air for good ventilation is gaining traction across the globe.Read More »
The global tankless water heater market size was worth USD 2.8 billion in the year 2018 and is predicted to grow with a CAGR of 7.5% for the period 2019 to 2025. The rising awareness among consumers regarding the efficient use of energy has contributed to the adoption of tankless water heaters.Read More »