Meet The Right Buyers And Forge High Quality Business Connections At HVACR Vietnam 2020

HVACR Vietnam returns for its 14th edition from 25 – 27 March 2020 at International Center for Exhibition (I.C.E), Hanoi, Vietnam. With 13 successful editions to date, it is the ideal platform for international manufacturers and suppliers to launch new products, reach out to buyers, appoint agents and distributors, build brand awareness and establish business networks in Vietnam’s booming economy.

According to BIS Research, Asia-Pacific (APAC) is projected to be the largest market for construction in the coming years fueling the demand for more HVAC systems and HVAC valves. In particular, the South East Asia’s HVACR market is expected to reach $13.63 billion by 2023. Supported by the Vietnamese Government’s effort to improve the quality of the country’s infrastructure, Vietnam’s residential construction market is expected to retain a market share of 44.3% of the industry’s total value in 2022. Additionally, the Green Buildings in Vietnam are expected to penetrate up to 30% of the market by 2025, particularly in the commercial sector. This is due to the government’s continued efforts to bring on effective measures, to reduce annual energy consumption and GHG emission by 2.5-3% (per unit GDP) until 2020 and 2-3% from 2020-2030, respectively through its Green Growth Strategy. With accelerated growth in infrastructure taking place in Vietnam, this presents great opportunities for the HVACR industry, as the growth of the building and construction market will only mean greater demand for HVACR technologies and solutions.

Firmly established as a significant industry platform for key players in the global HVACR equipment market, HVACR Vietnam 2020 brings to the industry a tailored line-up of new concepts and value-added services that would fulfil market demand and business needs, whilst attracting the right visitor profile of key purchasers, partners and suppliers to forge high quality business connections.