DUBLIN--(BUSINESS WIRE)--The new research portal has an extensive collection of company research on Ingersoll Rand, including in-depth analysis of their current market position and future outlook within various industries. They have an extensive product range that includes compressed air systems, tools, pumps and material handling systems.
One such report available on the portal, Global HVAC Market 2017-2021, has forecast growth at a CAGR of 5.24% during the forecast period. One of the key factors that is driving the demand for HVAC systems is the rapid growth of the construction sector and real estate markets worldwide. Most of the newly constructed, modern buildings have been employing energy-efficient HVAC systems. In addition, urbanization and industrialization have been on the rise in developing countries. This has resulted in an increase in the number of factories, manufacturing units, commercial buildings, and residential complexes that have been using HVAC systems.
One trend in market is rise in incorporation of building automation systems. BASs, which control and monitor HVAC and other facilities of a given building, are embedded with computing and digital communication tools that allow these systems to enhance energy efficiency. The number of integrated BAS installations has increased owing to the rise in the number of construction projects and building retrofits.
“The portal is an invaluable resource for anyone seeking information on Ingersoll Rand and their activities in various industries. It provides quick, and easy access to information on their performance as a company and their overall impact on the market,” says Ross Glover, CEO of Research and Markets.
For more information visit http://www.researchandmarkets.com/companies/ingersoll-rand?cid=6vwcr5.
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