Valentin STAVER1 , Liliana STAVER2 and Larisa DODU-GUGEA2
1Academy of Economic Studies of Moldova, Moldova
2”Dunărea de Jos” University of Galați, Romania
Volume 2023 (7),
Article ID 4228923,
Socioeconomic Challenges and Transformations in a Global Context: 42ECO 2023
Abstract
This study delves into the effects of ongoing crises, notably climate change and evolving energy policies, on the Heating, Ventilation, and Air Conditioning (HVAC) sector. Amidst a worldwide surge in awareness regarding climate issues and amplified endeavors to curb greenhouse gas emissions, the HVAC industry confronts notable challenges. However, these challenges are paralleled by considerable prospects for innovation and augmenting energy efficiency. Our research employed a hybrid methodology, intertwining secondary data examination with the analysis and synthesis of pertinent information. This included a comprehensive scrutiny of existing scientific literature and market analyses to discern both prevailing and prospective trends. The outcomes of this study reveal that climate change and energy policies exert a profound influence on the HVAC sector, catalyzing a swift progression in both technological advancements and industry practices. Moreover, our insights emphasize the necessity of enhanced cooperation between industry stakeholders and policy-makers, to position the HVAC industry at the forefront of global endeavors in mitigating climate change and enhancing energy efficiency.