The Business Research Company’s latest report HVAC And Commercial And Industrial Refrigeration Equipment Global Market Report 2020 covers HVAC And Commercial And Industrial Refrigeration Equipment market drivers, HVAC And Commercial And Industrial Refrigeration Equipment market trends, HVAC And Commercial And Industrial Refrigeration Equipment market segments, HVAC And Commercial And Industrial Refrigeration Equipment market growth rate, HVAC And Commercial And Industrial Refrigeration Equipment market major players, and HVAC And Commercial And Industrial Refrigeration Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the HVAC And Commercial And Industrial Refrigeration Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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HVAC And Commercial And Industrial 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 HVAC and commercial and industrial refrigeration equipment market is expected to decline from $413.7 billion in 2019 to $388.6 billion in 2020 at a compound annual growth rate (CAGR) of -6.1%. 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 $471.2 billion in 2023.
The report covers the HVAC And Commercial And Industrial Refrigeration Equipment market’s segments-
1) By Type: HVAC Equipment, Commercial And Industrial Refrigeration Equipment
2) By Capacity: Small, Medium, Large.
Subsegments covered: Air-Conditioning Equipment, Warm Air Heating Equipment, Commercial Refrigeration Equipment, Industrial Refrigeration Equipment.
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