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2021-07-29
Ans) The global variable air volume (VAV) systems market valued USD 11,781.61 million in 2019 and it is expected to grow at a CAGR of 6.38% to reach USD 17,566.09 million by 2027.
Ans) The base year considered in the report is 2019.
Ans) On the basis of product type, the global variable air volume market is segmented into Single-Duct VAV System, Dual-Duct VAV System, Induction-based VAV, Fan-Powered VAV System .
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Ans) Single-Duct VAV System segment is the dominating market with market share of 50.42% in 2019
Ans)On the basis of application, the market is segmented into commercial buildings, industrial buildings, residential buildings, and others .
Ans) Commercial buildings segment is dominating the market with market share of 68.26% in 2019
Ans) Asia Pacific occupied the highest market share of 40% in 2019 which is expected to remain flat to reach 42% by 2027
Ans) The global variable air volume (VAV) Systems market is highly competitive with the presence of several international companies. Product diversification, revenue generation, and opportunities intensify the market competition. Trane Technologies PLC, Daikin Industries, Ltd., Carrier Global Corporation, Honeywell International Inc., Siemens, and Barcol-Air are the leading market players with significant market share.
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Email: [email protected]
Tel: +1 877 441 4866
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