3 Ways To Invest In The Future Of Air Conditioning
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Hand of a man opening air intake to remove soiled HVAC filter during replacement of a domestic air … [+]
There could be investment gold in a surprising place — air conditioning.
This roughly $48 billion industry is expected to grow at a 1% annual rate in the next five years propelled by powerful trends — most notably climate change.
Carrier
HVACR Industry
Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) is a large industry that has been hurt by the pandemic but is likely to enjoy modest future growth. According to IBISWorld, in the five years to 2020, residential construction activity has expanded due