The global HVAC controls sector has witnessed significant growth in recent years, driven by various developments that have shaped its landscape, including increasingly stringent energy efficiency regulations, the adoption of intelligent and connected technologies, and a growing focus on sustainability and environmental conservation.
• What are the main factors driving the growth of HVAC controls sector, particularly in relation to the increasing focus on energy efficiency in buildings and the demand for energy-efficient solutions?
• What was the revenue generated by the sector in 2022, and what is the projected compound annual growth rate (CAGR) for the same between 2022 and 2028?
• What are the key success factors for companies, and how can they ensure sustained growth by prioritizing technological advancements, product differentiation, and strategic partnerships?
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