Colombia HVAC chillers market to Grow at a CAGR of 3.6% to reach US$ 80.74 million from 2022 to 2028

The Colombia HVAC chillers market is expected to grow from US$ 65.43 million in 2022 to US$ 80.74 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2022 to 2028.

The Colombia HVAC chillers Market includes companies operating in a wide range of product portfolio. Each category has some well-established key players and owing to different markets in which they operate and compete it is not feasible to determine key five players in the overall Colombia HVAC chillers market. However, based on parameters such as overall revenue, brand image, current Colombia HVAC Chillers portfolio, geographic reach, customer base, technology adoption & integration, new product/service/feature launches, partnerships, mergers & acquisitions, and other market-related activities, the above five key players operating at a global level. The high and fast-growing number of start-ups in this market are anticipated to drive the growth of the market over the forecast period of 2021 to 2028.

The market players present in the Colombia HVAC chillers market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.  The HVAC chillers market in Colombia is growing significantly owing to a few factors such as rising demand for district cooling, surging count of skyscrapers, and increasing government spending on the construction of building activities expected to support the country’s market growth during the forecast period.

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Swapnaja P

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