U.S. HVAC Services Industry to Generate $35,714.5 Million Revenue by 2030: P&S Intelligence
Share this article Share this article NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Recently, the U.S. Department of Energy (DoE) implemented new efficiency standards for residential furnaces, setting the minimum airflow efficiency requirement for such equipment, in order to reduce the consumption of electricity. Owing to such measures, the U.S. HVAC services market is set to grow from $25,625.8 million in 2019 to $35,714.5 million by 2030, at a 3.1% CAGR between 2020 and 2030, according to P&S Intelligence. Regular servicing and maintenance are considered essential for running any appliance or mac...