![The global HVAC systems industry is forecast to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.](https://public.newsdirect.com/494532834/DAjhcNO1.jpg)
Benchmark International, a leader in the mergers and acquisition (M&A) industry, is proud to announce the release of its 2024 Construction Spotlight: Global HVAC Industry Report. The comprehensive report provides valuable insights into the heating, ventilation, and air conditioning (HVAC) sector, examining the latest trends, challenges, and opportunities shaping the industry worldwide.
The report underscores the pivotal role the HVAC industry plays in the construction sector, driven by advancements in technology, increasing demand for energy-efficient solutions, and evolving regulatory requirements. As construction activity remains strong across various regions, the demand for innovative HVAC systems continues to grow, positioning the sector for significant expansion in the coming years.
Key findings from the report include:
Market Expansion: The global HVAC industry is experiencing significant growth, fueled by rising demand for energy-efficient systems and increasing construction activities across various sectors.
Technological Innovations: Advancements in HVAC technology, including smart HVAC systems, IoT integration, and AI-driven solutions, are transforming the industry and driving efficiency improvements.
- Regulatory Influence: Stringent environmental and energy efficiency regulations are shaping the HVAC industry, prompting companies to adopt more sustainable practices and innovative solutions.
Benchmark International’s report serves as an essential resource for construction companies, HVAC manufacturers, investors, and other industry participants, offering strategic insights to navigate the evolving landscape and stay ahead of the competition.
The report is now available on Benchmark International's website and is part of the firm’s ongoing efforts to provide comprehensive market intelligence to its clients. For more information and to access the full 2024 Global HVAC Industry Report, please visit https://www.benchmarkintl.com/insights/2024-construction-spotlight-global-hvac-industry-report/
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables.
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Brittney Zoeller
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