Hello and welcome once again to Cooling India.
The HVAC industry in India has gone through many ups and downs in the recent years. While the prolonged sluggishness in the real estate sector especially in the commercial buildings space has contributed to the slowdown, increase in industrial activities is driving the demand. Reports suggest that the Indian HVAC market is forecast to reach $3.97 billion by 2019 on account of changing lifestyle, increasing per capita income, and rising expenditure by consumers on comfort solutions. By 2020, the market is expected to exceed a value of over US$6.3 billion.
ACREX India 2019, South Asia’s largest HVAC&R exhibition to be held during 28th February – 2nd March in Mumbai, will showcase the Indian industry’s preparedness to ride the growth.
To sum up the spirit of this HVAC&R extravaganza, Cooling India brings to you this exclusive issue on market trends, technological innovations, product update etc. Many companies from around the world gather here to give a sneak peek at what will be on show. The issue also discusses on what’s in store for HVAC&R industry in the years to come. Hope you’ll enjoy reading this issue as always.
Further, HVAC systems play a critical role in heating, cooling and ventilating any industrial facility. According to latest market research report, the global industrial HVAC market to grow at a CAGR of around 5 per cent during 2018-22 driven by the increasing demand for energy-efficient HVAC systems like chillers, boilers, cooling towers, AHUs, fan coil units and control systems.
On this note, coming March, Cooling India is coming out with an exclusive issue on industrial HVAC wherein we will feature an in-depth analysis of market size, growth forecast, and market trends for this industry. The issue is expected to cover product and technology innovations across chillers, ventilation, cooling tower, insulation, air-treatment, filtration, IAQ, BMS, ducting, plumbing, compressors, AHUs, ATUs, and sensing and measurements. We invite your participation in this special issue.
Please write to me at pravita@charypublications.in
Pravita Iyer
Publisher & Director
