The expansion of business by MNCs across the world has increased the demand for office spaces and technological parks. This has increased the adoption of HVAC equipment, which is expected to drive the growth of the global HVAC equipment market size during the forecast period.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global HVAC Equipment Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Global HVAC Equipment Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of analyst’s time when you purchase this market report.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global HVAC Equipment Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Global HVAC Equipment Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.
Category driver
- Increasing adoption of ventilation equipment in commercial spaces.
Category management strategy
- Engage with suppliers that offer low TAT.
Procurement best practices
- Opt for suppliers that have expertise inadequate size selection of equipment.
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of analyst’s time when you purchase this market report.
Table of Contents
PART 01: Executive SummaryPART 13: APPENDIX
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
Executive Summary
The following companies are recognised as the key suppliers in the Global HVAC Equipment Category – Procurement Market Intelligence Report: LG Electronics Inc., United Technologies Corp., Daikin Industries Ltd., Johnson Controls Inc., Midea Group, and Hitachi Ltd.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to perform TCO analysis before selecting preferred suppliers”.
According to the report, one of the key growth contributors to the global HVAC equipment market is the global rise in demand for office spaces and technological parks.
Further, the report states that one of the key category management strategies for the buyers in the global HVAC equipment market is to adopt large-sized HVAC equipment as it has high air filtration capacity and product life compared with small-sized equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- LG Electronics Inc.
- United Technologies Corp.
- Daikin Industries Ltd.
- Johnson Controls Inc.
- Midea Group
- Hitachi Ltd.
Methodology
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