Market Forecast By Product Type (Heating, Cooling, Ventilation), By End-User (Residential, Commercial, Industrial), By Region (Northern, Western, Mid-Western, Eastern) And Competitive Landscape
According to 6Wresearch, Nigeria HVAC Systems Market size is projected to grow at CAGR of 11.9% during 2021-27. Numerous construction projects in Nigeria, on account of bilateral agreements with American and Chinese companies and financial support from the Nigerian state-owned facilities, construction of industrial parks, tech-parks, SEZs, construction-related projects such as the Abuja World Trade Center project would boost the demand for the air-conditioners, chillers, boilers and related components installation across residential, commercial, and industrial verticals in the coming years.
Nigeria HVAC systems market is anticipated to grow on account of demand from the rising construction market, where upcoming new projects under commercial, government and tourism segments, new hotels, resorts, entertainment parks domains coupled with an influx of FDI in the commercial and retail sectors.
For Latest Press Release : https://www.6wresearch.com/press-release/nigeria-hvac-systems-market-size-is-projected-to-grow-at-a-cagr-of-119-during-2021-27
Market Analysis by Type
By product types, cooling segment comprise a significant share in the Nigerian market revenues in 2020.
Key Highlights of the Report
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