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flag The global heating and cooling market is projected to grow significantly by 2035, driven by urbanization, renewables, and climate policies, with China leading in district systems and North America dominating sensor sales.

flag The global district heating and cooling market is set to grow from $327.2 billion in 2025 to $569.7 billion by 2035, driven by urbanization, renewable energy, and climate policies, with China leading at an 8.0% CAGR. flag The HVAC market is projected to expand from $328.6 billion to $577.5 billion by 2035, growing at 5.8% annually, fueled by smart technologies and energy efficiency. flag The HVAC sensors market, valued at $3.483 billion in 2025, is expected to grow through 2032, with Siemens AG holding a 15% share. flag North America leads in sensor sales, followed by Europe and China, while commercial applications dominate across all sectors.

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