Electrical Coil Windings Market by Winding Material (Copper-Based, Aluminium-Based, Copper Clad Aluminium-Based), by Winding Technology (Flyer Winding, Toroidal Core Winding, Linear Winding, and Needle Winding), by Winding Type, by Application, by Re
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NEW YORK, Jan. 6, 2021 /PRNewswire/ Rapidly growing demand from commercial and residential construction projects and prominence of automation in HVAC systems are some of the vital driving factors for the HVAC packaged units market. Substantial increase in implementation of packaged units, owing to minimal space requirement and efficient operations, is expected to ascend demand for HVAC packaged units over the coming years.
The global HVAC packaged units market
is estimated to expand at a CAGR of around 6% by value over the forecast period of 2020-2030.
Key Takeaways from HVAC Packaged Units Market Study
In recent years, the residential and commercial construction industry has witnessed substantial growth, and this growth is expected to persist over the coming years. In addition, space constraints are expected to boost sales of HVAC packaged units