HVAC Controls Market Report Size, Trends, Industry Growth Analysis 2030

HVAC controls market report share is estimated to be USD 17.2 billion in 2022 and is projected to reach USD 26.7 billion by 2027; it is expected to grow at a CAGR of 9.2% from 2022 to 2027. The major factors driving the growth of the market include the consolidation trend of smart homes, the boom in the construction sector, the emergence of IoT-enabled HVAC systems, and the need to achieve energy efficiency in buildings.