District Cooling (DC) involves using a central chiller plant to cool water, which is then circulated to multiple buildings to provide cooling. District Energy systems have been around since ancient Rome and are prevalent in the Middle East, across Europe, and in Scandinavian countries. Particularly the implementation of District Cooling systems has become a popular choice in the Middle East as it significantly reduces CO2 emissions, uses less harmful chemicals, and lowers energy use.

HVAC chillers are the main component of HVAC systems that provide cooling for industrial, commercial, and residential applications. Growing preference for district cooling systems in industries and high-rise buildings are the major driver for the HVAC chillers market. Increasing population and urbanization, rising temperature, and pollution across the globe due to the uncontrollable greenhouse and other toxic gas emissions result in the rising installation of HVAC systems, which fuels the HVAC chillers market growth.

A heat pump is a device that transfers heat energy from a source of heat to what is called a thermal reservoir. Heat pumps move thermal energy in the opposite direction of spontaneous heat transfer, by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses external power to accomplish the work of transferring energy from the heat source to the heat sink. The most common design of a heat pump involves four main components – a condenser, an expansion valve, an evaporator and a compressor. The heat transfer medium circulated through these components is called refrigerant.

Heating Ventilation and Air Conditioning (HVAC) is the technology that is used to sustain the internal climate of a vehicle. It helps in maintaining temperature (hot/cold) for the interior atmosphere of a vehicle and thus helps to provide comfort for on-board passengers. The major driver is the automatic climate control feature and rising demand for thermal systems, safety concerns, and the adoption of eco-friendly refrigerants will boost the demand of automotive HVAC market in the forecast period. Recent trend depicts that now companies majorly focus on customized and consumer friendly HVAC system that supports automatic air conditioning and climate control system.

An HVAC pump is also called air conditioner pumps, it used to maintain the distribution system at the desired flow rate. The increasing demand for the HVAC system is significantly driving the growth of the HVAC pump market. Moreover, a growing need for heating and cooling devices and the necessity of the pump in the system is triggering the growth of the HVAC pump market.