3 Ways To Invest In The Future Of Air Conditioning

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
CARR
, Trane Technologies, and Johnson Controls are likely beneficiaries of the future of air conditioning.

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

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