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The HVAC controls market size is estimated to be USD 17.2 billion and growing…

The HVAC controls market size is estimated to be USD 17.2 billion in 2022 and is projected to reach USD 26.7 billion by 2027; it is expected to grow at a CAGR of 9.2% during the forecast period. According to the Consumer Technology Association (CTA), the number of smart homes in the US is expected to reach ~35. 2 million units by 2020. The growth in smart homes is expected to create demand for HVAC controls market.

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Mike McNultyComment