Ingersoll Rand PLC (Ireland) and Johnson Controls (US) are Leading Players in the Variable Air Volume Box Market
The global VAV BOX market size is estimated at USD 4.7 billion in 2019 and is projected to reach USD 6.4 billion by 2024, at a CAGR of 6.3%, between 2019 and 2024. VAV Boxes are major components inside a VAV system which makes it energy efficient and helps to reduce the energy consumption by maintaining a balanced air flow as per the zone’s requirement. The VAV terminal unit consist of a damper...