Asia-Pacific (APAC) HVAC market is expected to reach $70.7 billion by 2024, registering a CAGR of 4.3%, during the forecast period. The growth in the market can be attributed to increasing construction sector in APAC, primarily in India and China. Based on heating type, Asia-Pacific HVAC market is split into furnaces, heat pumps, boilers and unitary heaters, of which boilers category held the largest market share in the historical period, due to growing demand for boilers from thermal power...
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