The Business Research Company’s latest report Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Global Market Report 2020 covers Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market drivers, Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market trends, Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market segments, Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market growth rate, Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market major players, and Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global ventilation, heating, air-conditioning, and commercial refrigeration equipment market is expected to decline from $527.6 billion in 2019 to $497 billion in 2020 at a compound annual growth rate (CAGR) of -5.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $605.5 billion in 2023.
The report covers the Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market’s segments-
1) By Type: HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (except Warm Air Furnaces)
2) By Capacity: Small, Medium, Large.
Subsegments covered: HVAC Equipment, Commercial And Industrial Refrigeration Equipment, Polystyrene Foam Product, Urethane And Other Foam Product, Air Purification Equipment, Attic And Exhaust fans, Others – Commercial Fan And Air Purification Equipment, Heating Boilers, Heating Stoves, Floor And Wall Furnaces, Others – Heating Equipment (except Warm Air Furnaces).
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