Market commentary Nov 2023 Verified
Residential HVAC Exposure as Secular Growth Driver
Regal Rexnord's CEO highlighted that nearly 50% of the company's portfolio is exposed to secular growth end markets when including residential HVAC, positioning the company to benefit from secular demand drivers.
“And given our portfolio has nearly 40% exposure to secular growth end markets, including aerospace & defense, data center, medical and food & beverage, and nearly 50% exposure when including residential HVAC, we are well positioned to benefit from a host of secular demand drivers.”
Entities
HVAC Sentiment: Positive
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