According to ‘India HVAC Market Forecast & Opportunities’, the market forecast to reach US$ 3.97 billion. This is on account of an increase in the Pharma Sector, well-equipped Hospitals, Malls, food preservation, Controlled environment Engineering Industries, Food Processing, and Beverage Industries, changing lifestyle, increasing per capita income, and rising expenditure by consumers on comfort solutions. In fact, all human activities rely on HVAC in one way or another. This industry will produce thousands of new jobs in the next few years as the market for these products expand.
There will be an ongoing demand for skilled professionals to develop, manufacture, sell, and install HVAC&R-related products, “The sky is the limit in this industry,” The Indian HVAC&R market is also expected to witness growth on account of rising investments by corporate in India. Major companies offering HVAC&R systems in the Indian market are Daikin, Blue Star, Voltas, Carrier, etc.
For over a decade, India has been witnessing continuous growth across almost all the major industrial and commercial sectors. Besides metropolitan cities, the wave of development is also directed towards Tier 1 and tier 2 cities. Expansion of commercial space, offices, Healthcare industries, corporate hubs coming up, and the introduction of organized retail outlets are driving the demand for HVAC&R installations across the country. In addition to shopping malls and retail complexes, airports are also emerging as important centers for HVAC&R installations in the country. HVAC&R systems have become one of the core building blocks for modern infrastructure, encompassing various sectors.
All these factors are expected to spur the market for HVAC&R systems in India.
However, with the rising demand for energy-efficient products in the country, the HVAC&R market is expected to undergo a significant brand shift over the coming years.
By observing this heavy market demand to the people working in the field of refrigeration and air-conditioning, we are announcing these professional courses in Heating, Ventilation, Air Conditioning & Refrigeration (HVAC&R)