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Stock impact report

US HVAC Equipment Market Report 2024: Trends, Forecast and Competitive Analysis to 2030 Featuring Lennox International, Nortek, United Technologies, Emerson Electric, & LSB Industries [Yah...

Lennox International, Inc. (LII) 
Last lennox international, inc. earnings: 4/20 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The US HVAC equipment market is expected to reach an estimated $33.3 billion by 2030, and it is forecast to grow at a CAGR of 3.9% from 2024 to 2030. The future of the US HVAC equipment market looks good with opportunities in commercial and residential sectors. The major drivers for market growth are higher rate of building renovation and federal tax credits offered in the US to make existing facilities energy efficient and to control greenhouse gas emissions. Emerging trends, which have a direct impact on the dynamics of the industry, include green HVAC systems, nanotechnology in air conditioning systems, and use of solar power for heating and cooling in US HVAC equipment market. Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies US HVAC equipment co Show less Read more
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