Report: HVAC controls market to double by 2023
The worldwide market for HVAC controls, currently valued at $13.6 billion, will represent $27 billion within five years.
The prediction comes from a recent report published by MarketsandMarkets. The report includes information broken down by system, application, components and geography.
Researchers say a growing worldwide interest in energy efficiency, the “internet of things” and building automation systems is responsible for the growth.
Details are at this website.