TechNavio today launched its report, HVAC Equipment Market in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The increasing adoption of green heating, ventilation, and air-conditioning (HVAC) equipment is one of the significant trends in the HVAC Equipment market in China. The increasing need to reduce pollution in China in order to protect the environment is one of the major reasons for the adoption of the green HVAC equipment. As the awareness and concern for the environment increases, the Chinese government is introducing stringent norms that help in the growth of green HVAC equipment. The Green HVAC market in China is expected to grow further in the future, propelling the growth of the HVAC Equipment market in China.”
According to the report, one of the major drivers is the economic growth in China. Steady economic growth has positively influenced the government spending on industrial sectors, leading to the growth of the HVAC Equipment market in China.
Further, the report reveals that inventory backlogs are one of the major concerns for the HVAC Equipment market in China.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/hvac-equipment-market-china-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – HVAC Equipment Market in China 2011-2015
