Ingersoll Rand PLC (Ireland) and Johnson Controls (US) are Leading Players in the Variable Air Volume Box Market
The VAV BOX market is majorly driven by the growing construction activities, particularly commercial buildings in the emerging countries of APAC. The global market size is estimated at USD 4.7 billion in 2019 and is projected to reach USD 6.4 billion by 2024, at a CAGR of 6.3%, between 2019 and 2024. Browse 77 market data Tables and 47 Figures spread through 132 Pages and in-depth TOC on "Variable Air Volume Box Market”. North America is estimated to be the largest VAV box market during the forecast period. North America is projected to be the largest VAV box market during the forecast period. Increasing construction spending in private and public sectors across the North American region is expected to boost the demand for HVAC systems, thus driving the market for VAV box. The major private and public sectors which are witnessing growth in construction activities are residential building, offices, production facilities, and others. The pres...