A common misconception for the heating, ventilation and air conditioning (HVAC) equipment market is that developing countries comprise the greatest market opportunity; however, IHS recently found abundant potential in mature countries, such as Germany.
In 2014, Germany was found to be the largest market for air handling units (AHU) in Europe; however, for total HVAC equipment, the German market was estimated to be well below the European average when considering economic proportions.
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