LG Aims To Double Chiller Sales Globally By 2030

South Korea: LG Electronics' B2B heating, ventilation, and air conditioning (HVAC) business is experiencing robust growth, driven by strong sales of its chillers designed for large buildings and commercial facilities. LG's market research predicts a 6% annual growth in the global chiller market until 2027, and the company aims to more than double its HVAC product sales by 2030, establishing itself as a leading global provider of both residential and commercial HVAC solutions. Additionally, the company's chiller business is expanding internationally, increasing its presence in the Middle East, Europe, and Central and South America.

Source: LG Electronics Inc.