HVAC Centrifugal Compressors Market Size Projected to Surpass US$ 2.2illion by 2037, with Increasing CAGR of 4.5%
The global HVAC Centrifugal Compressors Market was valued at USD 1.2 billion in 2024 and is forecasted to grow to USD 2.2 billion by 2037, reflecting a Compound Annual Growth Rate (CAGR) of 4.5% over the forecast period. This consistent upward trajectory is driven by growing demands across commercial, industrial, and infrastructure sectors, particularly in urbanizing economies. Growing focus on energy-efficient HVAC solutions and innovations in compressor technology are further driving the global market’s growth.
HVAC Centrifugal Compressors Industry Demand