The increasing disposable income will act as the key driver for the growth of the Indian HVAC market. It is expected to be $31,598.6 million by 2030 with an expected 16.0% CAGR during the forecast period (2020-2030). The HVAC appliances are witnessing rising sales with people purchasing them to maintain the optimum temperature inside closed spaces and achieve proper ventilation. From homes and large shops to offices, transport hubs, and factories; HVAC appliances find widespread usage. Another reason for the rising installation rate of such equipment in the country is its burgeoning residential construction sector. Along with the rapidly increasing population and urbanization, government support and implementation of real estate regulations are boosting residential construction activities in India. Source: https://www.businesswire.com

In the 22nd edition of ACREX INDIA the focus for ACREX INDIA 2023 shall be on advancements in technology in the HVAC sector, which is pivotal in creating a better future and a better world. Participation, both in terms of exhibitors and visitors, shall be in high numbers with over 40 countries including Belgium, China, Czech Republic, Egypt, France, Germany, Italy, Japan, Korea, Malaysia, Saudi Arabia, Singapore, Spain, Switzerland, Taiwan, the Netherlands, UAE, UK, Ukraine and USA. Living up to its legacy and raising the benchmark further, ACREX INDIA 2023 shall stand tall as the most coveted and comprehensive conglomeration for industry professionals from around the globe. Experts from all over the world would come together to meet people, cultivate and expand networks and conduct business.