Global HVAC Equipment Market 2017-2021

  • ID: 4316435
  • Report
  • Region: Global
  • 86 pages
  • TechNavio
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FEATURED COMPANIES

  • Bosch Thermotechnik
  • DAIKIN INDUSTRIES
  • FUJITSU
  • Haier
  • Ingersoll Rand
  • Lennox International
  • MORE
About HVAC Equipment

HVAC (heating, ventilation, and air conditioning) systems offer ventilation and filtration of air to maintain the thermal balance in residential and non-residential buildings. HVAC systems offer ventilation and filtration of air to maintain the thermal balance in residential and non-residential buildings. The various components used in these systems are heat exchangers, pumps, and fans that control and regulate the temperature and humidity levels. The type of HVAC systems required is determined by the air quality of indoor and outdoor environment.

The analysts forecast the global HVAC equipment market to grow at a CAGR of 4.9% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global HVAC equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated by the sale of HVAC equipment offered by market vendors.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global HVAC Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carrier
  • DAIKIN INDUSTRIES
  • Ingersoll Rand
  • Johnson Controls
  • LG Electronics
Other prominent vendors
  • Bosch Thermotechnik
  • Electrolux
  • FUJITSU
  • GREE ELECTRIC APPLIANCES
  • Haier
  • Hitachi
  • Lennox International
  • Midea Group
  • Nortek
  • Samsung
Market drivers
  • Growing construction sector
  • For a full, detailed list, view the full report
Market challenges
  • High market competition
  • For a full, detailed list, view the full report
Market trends
  • Rise in incorporation of building automation systems
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch Thermotechnik
  • DAIKIN INDUSTRIES
  • FUJITSU
  • Haier
  • Ingersoll Rand
  • Lennox International
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global HVAC market by air conditioning equipment
  • Global HVAC market by heating equipment
  • Global HVAC market by ventilation equipment
PART 07: Market segmentation by end-user
  • Market overview
  • Global HVAC equipment market by non-residential segment
  • Global HVAC equipment market by residential segment
PART 08: Geographical segmentation
  • Market overview
  • HVAC equipment market in APAC
  • HVAC equipment market in EMEA
  • HVAC equipment market in the Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Rise in incorporation of building automation systems
  • Renewable energy sources for residential heating hinders the gas boiler demand
  • Rise in adoption of smartphones for controlling HVAC devices
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Carrier
  • DAIKIN INDUSTRIES
  • Ingersoll Rand
  • Johnson Controls
  • LG Electronics
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Benefits of HVAC systems
Exhibit 02: Global HVAC equipment market based on geography 2016-2021
Exhibit 03: Market overview
Exhibit 04: Global HVAC equipment market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global HVAC equipment product segmentation 2016 and 2021 (%)
Exhibit 07: Global HVAC market by air conditioning equipment 2016-2021 ($ billions)
Exhibit 08: Global HVAC market by heating equipment 2016-2021 ($ billions)
Exhibit 09: Growth rate of heating pump units sold in Europe 2011-2015 (%)
Exhibit 10: Global HVAC market by ventilation equipment 2016-2021 ($ billions)
Exhibit 11: Global HVAC equipment end-user segmentation 2016 and 2021 (%)
Exhibit 12: Global HVAC equipment market by non-residential segment 2016-2021 ($ billions)
Exhibit 13: Global HVAC equipment market by residential segment 2016-2021 ($ billions)
Exhibit 14: US privately owned housing units under construction 2010-2016 (thousands of units)
Exhibit 15: Global HVAC equipment market by geography 2016 and 2021 (%)
Exhibit 16: HVAC equipment market in APAC 2016-2021 ($ billions)
Exhibit 17: Growth rate of floor space of buildings under construction 2010-2015 (%)
Exhibit 18: HVAC equipment market in EMEA 2016-2021 ($ billions)
Exhibit 19: HVAC equipment market in the Americas 2016-2021 ($ billions)
Exhibit 20: New single-family houses built for sale with and without AC 2010-2015 (% share)
Exhibit 21: Growth rate of skilled manpower in the US HVAC industry 2012-2022 (%)
Exhibit 22: Annual growth rate of China’s GDP 2008-2015 (%)
Exhibit 23: List of other prominent vendors in HVAC equipment market
Exhibit 24: Products and services by DAIKIN INDUSTRIES
Exhibit 25: Product offerings by brands
Exhibit 26: HVAC product offerings by Trane
Exhibit 27: Product offerings by Johnson Controls
Exhibit 28: HVAC equipment offered by Johnson Controls
Exhibit 29: Product offerings by LG Electronics
Exhibit 30: HVAC systems by LG Electronics
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch Thermotechnik
  • DAIKIN INDUSTRIES
  • FUJITSU
  • Haier
  • Ingersoll Rand
  • Lennox International
  • MORE
New Report Released: - Global HVAC Equipment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global HVAC equipment market: Carrier, DAIKIN INDUSTRIES, Ingersoll Rand, Johnson Controls, and LG Electronics.

Other Prominent Vendors in the market are: Bosch Thermotechnik, Electrolux, FUJITSU, GREE ELECTRIC APPLIANCES, Haier, Hitachi, Lennox International, Midea Group, Nortek, and Samsung.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is rise in incorporation of building automation systems. BAS control and monitor HVAC systems that are incorporated in buildings. BAS are embedded with digital communication tools that allow to enhance energy efficiency in these systems. Due to the rise in construction of building and retrofit projects, the number of BAS installations has increased significantly.”

According to the report, one of the major drivers for this market is growing construction sector. The construction sector plays a major role in driving the demand for HVAC equipment. With increasing construction of commercial and residential buildings, the demand for HVAC systems will increase, thereby driving the HVAC equipment market. The construction industry is expanding at large across the globe. There are a lot of factors that lead to the expansion of the construction industry. APAC is a major market for construction activities and is expected to grow at the highest rate during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is high market competition. Competition has increased in the HVAC equipment market due to the presence of many regional and international players. Due to lower cost offerings of HVAC components by regional vendors, many international players are unable to retain their grip in the HVAC equipment market. In APAC, vendors even sell these components at a subsidized rate, which in turn affects the sales of high-quality premium products provided by international vendors. This also has a significant impact on the brand image, R&D investments, and the pricing strategy of global players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Carrier
  • DAIKIN INDUSTRIES
  • Ingersoll Rand
  • Johnson Controls
  • LG Electronics
  • Bosch Thermotechnik
  • Electrolux
  • FUJITSU
  • GREE ELECTRIC APPLIANCES
  • Haier
  • Hitachi
  • Lennox International
  • Midea Group
  • Nortek
  • Samsung
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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