BIS Research - Emerging Technology Market Intelligence

Rising Urbanization and Construction Activities a Boon for Southeast Asian HVACR Market

Oct 18, 2017 5:49:19 AM / by BIS Research posted in Building Technologies & HVAC, HVACR Market in Malaysia, HVACR Market in Thailand, HVACR Market in Vietnam, HVACR Market in Indonesia, HVACR Market in Southeast Asia, Indonesia HVACR Market, Malaysia HVACR Market, Vietnam HVACR Market, Southeast Asia Heating Ventilation Air-Conditionin, Southeast Asia HVACR Industry Analysis, Southeast Asia HVACR Market analysis, Southeast Asia HVACR Market forecast, Southeast Asia HVACR Market growth, Southeast Asia HVACR Market trends, Southeast Asia HVACR Market, Southeast Asia HVACR Market size, Thailand HVACR Market

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Construction activities in the developing countries of Southeast Asia are gaining pace and hold a significant share in the growth index of the economies. China is already one of the leaders in the world of construction activities and other countries such as India, Philippines, and Indonesia are following the trend in the global construction market. Additionally, the Heating, Ventilation, Air Conditioning, and Refrigeration (HVACR) is also witnessing a growth with the construction market. The rapid urbanization in the developing economies, migration of population to cities, and increasing population has made it inevitable for the nations to stress on their infrastructural development.

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