The Global Heating, Ventilation, and Air Conditioning Equipment market is accounted for $156.30 billion in 2017 and is expected to reach $325.93 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Cutting edge technology to meet consumer perceived value and climate variations are some factors impacting the market growth. However, high expenditure of energy is hindering the market growth.