HVAC Industry News shared by AHC 2026

Solid State 话题标签Cooling Market to Reach USD 1.76 Billion by 2032. The global solid state cooling market is projected to grow from USD 819.65 million in 2024 to USD 1.76 billion by 2032, with a CAGR of 10.05%. Growth is driven by demand from electronics, EVs, healthcare, and green technologies. Solid state cooling is favored for its quiet operation, low maintenance, and eco-friendly design. Key technologies include thermoelectric, electrocaloric, and magnetocaloric systems. North America led in 2024 with a 34.7% share, while Asia Pacific is expected to grow fastest. In the U.S., the market will reach USD 455.39 million, driven by medical and defense sectors. Cooling systems held 63.6% share in 2024.

Source from: Refindustry