Air Conditioning Equipment Market to Reach $325 Billion by 2032 with 6.8% CAGR Amid Rising Global Cooling Demand
The global Air Conditioning Equipment market is experiencing strong growth due to rising urbanization, extreme temperature patterns, and expanding construction activity. In 2023, the market was valued at approximately USD 182 billion, increasing from USD 170 billion in 2022, reflecting a 7.1% year-over-year growth. Increasing residential installations and commercial infrastructure...
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