With the evolution of technology in the last few years, there was a transition from traditional industrial practices to the technologically advanced practices. There was no such technology to control the atmospheric temperature during the seasons’ extreme climate change. This, in turn, elevated the need for the adoption of technologically advanced heating ventilation and air-conditioning (HVAC) systems. HVAC systems are used in various application areas such as residential, commercial, and industrials. According to the latest market intelligence report by BIS Research titled, ‘Global Heating Ventilation and Air Conditioning Market-Analysis and Forecast (2018-2024)’, the market is anticipated to register a CAGR of 2.6% in terms of value during the forecast period. This significant market growth is attributed mainly to the revenue generated from the construction sector from the government as well as from private funded projects.
There's nothing like the comfort of walking to a properly heated or cooled room from the elements outside. Imagine you're transported back in time, say, one hundred years. The iceman drives by daily in his horse-pulled wagon and reads the sign at your window -- yes, you do need ice today -- and hoists a slab into your icebox. In just a few generations, much has changed. The development of HVAC industry started during industrial revolution. Today, we depend on air conditioners and other devices that regulate temperature at home or at work. And instead of the iceman, we turn to the pros who know how to install and repair these appliances.