UK HVAC Market to Cross Investment of $834.53 Billion by 2028 - Arizton

According to Arizton's latest research report, the UK HVAC market growing at a CAGR of 7.7% during 2022-2028.

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The UK government started several schemes and measures to improve indoor air quality in residential, commercial, and industrial building structures in 2022. Renewable heat initiatives are a major driver for the HVAC market.

The UK government is expected to drive the demand for new and energy-efficient HVAC equipment during the forecast period. Hydrochlorofluorocarbons refrigerants, including R22, were prohibited across the UK by 2018.

Approximately 750,000 medium- to large-scale HVAC existing units require an update in technology. Therefore, several HVAC manufacturers in the country expect significant growth in the demand for HVAC equipment during the forecast period.
In the UK, HVAC systems are more common for larger buildings, such as business centers or hotels, due to the combined heating, ventilation, and air conditioning functionalities they provide. However, the installation cost can be high.

Key Questions Answered in the Report:
What initiatives did the UK government take in 2022 to improve indoor air quality in building structures?
What is one of the major drivers for the HVAC market in the UK?
How is the UK government expected to influence the demand for HVAC equipment during the forecast period?

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Table Of Contents
UK HVAC Market Overview
UK HVAC Market Projected Revenue
UK HVAC Market Segmentation Data
UK HVAC Market Industry Overview
Appendix
List of Exhibits
List of Tables

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This release was published on openPR.