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HVAC Control Systems Market by End-users, Product, and Geography - Global Forecast and Analysis 2019-2023 - Product Image

HVAC Control Systems Market by End-users, Product, and Geography - Global Forecast and Analysis 2019-2023

  • ID: 4833910
  • Report
  • September 2019
  • Region: Global
  • 159 pages
  • TechNavio

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FEATURED COMPANIES

  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Ingersoll-Rand Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • MORE
Global HVAC Control Systems Market: About this market

The HVAC control systems market analysis considers sales from products like sensors, controlled devices, and controllers. Our analysis also considers the sales of HVAC control systems in APAC, Europe, North America, South America, and MEA. In 2018, the sensors segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as significant investment in R&D to develop and enhance temperature sensor functionalities will play a significant role in the sensors segment to maintain its market position. Also, our global HVAC control systems market report looks at factors such as advances in temperature control systems, inorganic growth of global HVAC control systems market, and rising demand for efficient and fail-proof HVAC controls. However, the need for high R&D investments, cybersecurity issues in HVAC control systems, and lack of skilled labor in HVAC industry may hamper the growth of the HVAC control systems industry over the forecast period.

Global HVAC Control Systems Market: Overview

Rising demand for efficient and fail-proof HVAC controls

The demand for stable temperature maintenance and efficient monitoring of HVAC systems is increasing across several industries. This is increasing the demand for efficient and fail-proof HVAC controls, especially from cold storage plants, data centers, food processing facilities, medical, and pharmaceutical industry. The ability of HVAC controls to operate and maintain the temperature and environment at optimum levels is a key factor that increases the adoption of automation in HVAC controls, mainly in cold storage plants. Similarly, the increase in the number of data centers that comprise sensitive electronic components and require continuous monitoring of temperature, humidity, airflow, and other parameters is driving the demand for efficient and fail-proof HVAC controls. This will lead to the expansion of the global HVAC control systems market at a CAGR of almost 6% during the forecast period.

Personalization of HVAC controls

Building automation is becoming one of the fastest-growing segments in the automation industry. Advances in automation have led to the introduction of personalization in HVAC controls, which allows occupants in buildings to adjust the temperature, humidity, and various other parameters within a certain area. Further, personalized HVAC controls can also be integrated with analytics software to track user behavior. Moreover, the personalization of HVAC controls improves the energy efficiency of buildings. The rising need for energy efficiency in several commercial buildings across regions will increase the adoption of such types of HVAC control systems, which will positively impact the growth of the global HVAC control systems market during the forecast period.

Competitive Landscape

With the presence of several major players, the global HVAC control systems market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVAC control systems manufacturers, that include Azbil Corp., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., Mitsubishi Electric Corp., Schneider Electric SE, and Siemens AG.

Also, the HVAC control systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Ingersoll-Rand Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Automotive - Market size and forecast 2018-2023
  • Residential - Market size and forecast 2018-2023
  • Commercial - Market size and forecast 2018-2023
  • Industrial - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Sensors - Market size and forecast 2018-2023
  • Controlled devices - Market size and forecast 2018-2023
  • Controllers - Market size and forecast 2018-2023
  • Market opportunity by product
PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Personalization of HVAC controls
  • Communication advances in HVAC control systems
  • Increasing focus on integrated building management systems
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ingersoll-Rand Plc
  • Johnson Controls International Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • Schneider Electric SE
  • Siemens AG
PART 15: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Vendors: Key product offerings
Exhibit 02: Global electrical equipment market
Exhibit 03: Segments of global electrical equipment market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: End-user - Market share 2018-2023 (%)
Exhibit 19: Comparison by end-user
Exhibit 20: Automotive - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 22: Residential - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Residential - Year-over-year growth 2019-2023 (%)
Exhibit 24: Commercial - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Commercial - Year-over-year growth 2019-2023 (%)
Exhibit 26: Industrial - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Industrial - Year-over-year growth 2019-2023 (%)
Exhibit 28: Market opportunity by end-user
Exhibit 29: Customer landscape
Exhibit 30: Product - Market share 2018-2023 (%)
Exhibit 31: Comparison by product
Exhibit 32: Sensors - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: Sensors - Year-over-year growth 2019-2023 (%)
Exhibit 34: Controlled devices - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Controlled devices - Year-over-year growth 2019-2023 (%)
Exhibit 36: Controllers - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Controllers - Year-over-year growth 2019-2023 (%)
Exhibit 38: Market opportunity by product
Exhibit 39: Market share by geography 2018-2023 (%)
Exhibit 40: Geographic comparison
Exhibit 41: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 42: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 43: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 44: North America - Year-over-year growth 2019-2023 (%)
Exhibit 45: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 46: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 47: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 48: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 49: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 50: South America - Year-over-year growth 2019-2023 (%)
Exhibit 51: Key leading countries
Exhibit 52: Market opportunity
Exhibit 53: Impact of drivers and challenges
Exhibit 54: Vendor landscape
Exhibit 55: Landscape disruption
Exhibit 56: Vendors covered
Exhibit 57: Vendor classification
Exhibit 58: Market positioning of vendors
Exhibit 59: Azbil Corp. - Vendor overview
Exhibit 60: Azbil Corp. - Product segments
Exhibit 61: Azbil Corp. - Organizational developments
Exhibit 62: Azbil Corp. - Geographic focus
Exhibit 63: Azbil Corp. - Segment focus
Exhibit 64: Azbil Corp. - Key offerings
Exhibit 65: Delta Electronics Inc. - Vendor overview
Exhibit 66: Delta Electronics Inc. - Business segments
Exhibit 67: Delta Electronics Inc. - Organizational developments
Exhibit 68: Delta Electronics Inc. - Geographic focus
Exhibit 69: Delta Electronics Inc. - Segment focus
Exhibit 70: Delta Electronics Inc. - Key offerings
Exhibit 71: Emerson Electric Co. - Vendor overview
Exhibit 72: Emerson Electric Co. - Business segments
Exhibit 73: Emerson Electric Co. - Organizational developments
Exhibit 74: Emerson Electric Co. - Geographic focus
Exhibit 75: Emerson Electric Co. - Segment focus
Exhibit 76: Emerson Electric Co. - Key offerings
Exhibit 77: Honeywell International Inc. - Vendor overview
Exhibit 78: Honeywell International Inc. - Business segments
Exhibit 79: Honeywell International Inc. - Organizational developments
Exhibit 80: Honeywell International Inc. - Geographic focus
Exhibit 81: Honeywell International Inc. - Segment focus
Exhibit 82: Honeywell International Inc. - Key offerings
Exhibit 83: Ingersoll-Rand Plc - Vendor overview
Exhibit 84: Ingersoll-Rand Plc - Business segments
Exhibit 85: Ingersoll-Rand Plc - Organizational developments
Exhibit 86: Ingersoll-Rand Plc - Geographic focus
Exhibit 87: Ingersoll-Rand Plc - Segment focus
Exhibit 88: Ingersoll-Rand Plc - Key offerings
Exhibit 89: Johnson Controls International Plc - Vendor overview
Exhibit 90: Johnson Controls International Plc - Business segments
Exhibit 91: Johnson Controls International Plc - Organizational developments
Exhibit 92: Johnson Controls International Plc - Geographic focus
Exhibit 93: Johnson Controls International Plc - Segment focus
Exhibit 94: Johnson Controls International Plc - Key offerings
Exhibit 95: Lennox International Inc. - Vendor overview
Exhibit 96: Lennox International Inc. - Business segments
Exhibit 97: Lennox International Inc. - Organizational developments
Exhibit 98: Lennox International Inc. - Geographic focus
Exhibit 99: Lennox International Inc. - Segment focus
Exhibit 100: Lennox International Inc. - Key offerings
Exhibit 101: Mitsubishi Electric Corp. - Vendor overview
Exhibit 102: Mitsubishi Electric Corp. - Business segments
Exhibit 103: Mitsubishi Electric Corp. - Organizational developments
Exhibit 104: Mitsubishi Electric Corp. - Geographic focus
Exhibit 105: Mitsubishi Electric Corp. - Segment focus
Exhibit 106: Mitsubishi Electric Corp. - Key offerings
Exhibit 107: Schneider Electric SE - Vendor overview
Exhibit 108: Schneider Electric SE - Business segments
Exhibit 109: Schneider Electric SE - Organizational developments
Exhibit 110: Schneider Electric SE - Geographic focus
Exhibit 111: Schneider Electric SE - Segment focus
Exhibit 112: Schneider Electric SE - Key offerings
Exhibit 113: Siemens AG - Vendor overview
Exhibit 114: Siemens AG - Business segments
Exhibit 115: Siemens AG - Organizational developments
Exhibit 116: Siemens AG - Geographic focus
Exhibit 117: Siemens AG - Segment focus
Exhibit 118: Siemens AG - Key offerings
Exhibit 119: Validation techniques employed for market sizing
Exhibit 120: Definition of market positioning of vendors
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Ingersoll-Rand Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • MORE
The following companies are recognised as the key players in the global HVAC control systems market: Azbil Corp., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., Mitsubishi Electric Corp., Schneider Electric SE, and Siemens AG.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the personalization of HVAC controls.”

According to the report, one of the major drivers for this market is the rising demand for efficient and fail-proof HVAC controls

Further, the report states that one of the major factors hindering the growth of this market is the lack of skilled labor in the HVAC industry.

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
  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ingersoll-Rand Plc
  • Johnson Controls International Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • Schneider Electric SE
  • Siemens AG.
Note: Product cover images may vary from those shown

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