Commercial AC Sector Has Huge Development Potential, Says CEAMA President
India: According to Sunil Vachani, president of the trade association for electronics and appliances, CEAMA, the commercial air conditioning (AC) market has "significant promise" and is expanding due to factors such increasing urbanisation, infrastructure development, and the growing emphasis on comfort in business spaces.
According to the president of the Consumer Electronics and Appliances Manufacturers Association (CEAMA), the commercial HVAC (heating, ventilation, and air conditioning) market is changing due to its wide range of applications and the expansion of infrastructure, which includes offices, retail stores, healthcare facilities, and hospitality establishments.
According to him, other elements that are changing the commercial air conditioning scene include the growing consciousness about indoor air quality, sustainability regulations, and the incorporation of IoT (internet of things) and building automation systems. These developments present opportunities for innovation and market growth.
Source: Business Standard
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