HVAC Electronics Market to Reach $38 billion by 2031

The HVAC Electronics Market size was valued at $21.9 billion in 2021, and is estimated to reach $38 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. Commonly observed types of HVAC electronics are cooling equipment, heating equipment, and ventilation equipment. Among these, the temperature electronics system segment accounts for the …