FEATURED COMPANIES
- Bosch Group
- Daikin Industries Ltd
- Ingersoll Rand
- Johnson Controls Inc
Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market as it emerges from the COVID-19 shut down.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the ventilation, heating, air-conditioning, and commercial refrigeration equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider ventilation, heating, air-conditioning, and commercial refrigeration equipment market, and compares it with other markets.
Scope
Markets Covered:
1) By Type: HVAC And Commercial And Industrial Refrigeration Equipment; Commercial Fan And Air Purification Equipment; Heating Equipment (except Warm Air Furnaces)
2) By Capacity: Small; Medium; Large
Subsegments Covered: HVAC Equipment; Commercial And Industrial Refrigeration Equipment; Polystyrene Foam Products; Urethane And Other Foam Product; Air Purification Equipment; Attic And Exhaust fans; Other Commercial Fan And Air Purification Equipment; Heating Boilers; Heating Stoves; Floor And Wall Furnaces; Other Heating Equipment (except Warm Air Furnaces)
Companies Mentioned: United Technologies Corporation; Daikin Industries Ltd; Johnson Controls Inc; Ingersoll Rand; Bosch Group
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, ventilation, heating, air-conditioning, and commercial refrigeration equipment indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the ventilation, heating, air-conditioning, and commercial refrigeration equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider ventilation, heating, air-conditioning, and commercial refrigeration equipment market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The ventilation, heating, air-conditioning, and commercial refrigeration equipment market section of the report gives context. It compares the ventilation, heating, air-conditioning, and commercial refrigeration equipment market with other segments of the machinery market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, ventilation, heating, air-conditioning, and commercial refrigeration equipment indicators comparison.
Scope
Markets Covered:
1) By Type: HVAC And Commercial And Industrial Refrigeration Equipment; Commercial Fan And Air Purification Equipment; Heating Equipment (except Warm Air Furnaces)
2) By Capacity: Small; Medium; Large
Subsegments Covered: HVAC Equipment; Commercial And Industrial Refrigeration Equipment; Polystyrene Foam Products; Urethane And Other Foam Product; Air Purification Equipment; Attic And Exhaust fans; Other Commercial Fan And Air Purification Equipment; Heating Boilers; Heating Stoves; Floor And Wall Furnaces; Other Heating Equipment (except Warm Air Furnaces)
Companies Mentioned: United Technologies Corporation; Daikin Industries Ltd; Johnson Controls Inc; Ingersoll Rand; Bosch Group
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, ventilation, heating, air-conditioning, and commercial refrigeration equipment indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Market
What is the estimated value of the Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Market?
What is the growth rate of the Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Market?
What is the forecasted size of the Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Market?
Who are the key companies in the Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bosch Group
- Daikin Industries Ltd
- Ingersoll Rand
- Johnson Controls Inc
1. Executive Summary2. Report Structure7. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Trends And Strategies8. Impact Of COVID-19 On Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment22. Key Mergers And Acquisitions In The Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market26. Copyright And Disclaimer
3. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Characteristics
4. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Product Analysis
5. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Supply Chain
6. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Customer Information
9. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Size And Growth
10. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Regional Analysis
11. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Segmentation
12. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Segments
13. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Metrics
14. Asia-Pacific Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
15. Western Europe Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
16. Eastern Europe Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
17. North America Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
18. South America Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
19. Middle East Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
20. Africa Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
21. Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Competitive Landscape
23. Market Background: Machinery Manufacturing Market
24. Recommendations
25. Appendix
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Bosch Group
- Daikin Industries Ltd
- Ingersoll Rand
- Johnson Controls Inc
Major companies in the ventilation, heating, air-conditioning, and commercial refrigeration equipment market include United Technologies Corporation; Daikin Industries Ltd; Johnson Controls Inc; Ingersoll Rand and Bosch Group.
The global ventilation, heating, air-conditioning, and commercial refrigeration equipment market is expected to grow from $507.62 billion in 2020 to $525.45 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $703.82 billion in 2025 at a CAGR of 8%.
The ventilation, heating, air-conditioning, and commercial refrigeration equipment market consists of sales of ventilation, heating, air-conditioning, and commercial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce ventilation, heating, air-conditioning, and commercial refrigeration equipment, including heating equipment (except warm air furnaces) and air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market is segmented into HVAC and commercial and industrial refrigeration equipment; commercial fan and air purification equipment; and heating equipment (except warm air furnaces).
Asia Pacific was the largest region in the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market, accounting for 58% of the market in 2020. North America was the second largest region accounting for 20% of the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market. Africa was the smallest region in the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market.
The geothermal heating and cooling technology is becoming popular because of the surge in demand for energy efficient HVAC systems. Geothermal HVAC absorbs heat from the facility and transfers it underground and it uses cool water from the ground to create cool air conditioning in the facility. It consists of an indoor handling unit and a system of pipes underground which requires very low maintenance and lasts longer than traditional HVAC systems. Geothermal heating and cooling systems are now installed in about 50,000 US houses each year, according to the US Department of Energy.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Machinery manufacturers depend heavily on supply of raw materials, parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
The ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period.
The global ventilation, heating, air-conditioning, and commercial refrigeration equipment market is expected to grow from $507.62 billion in 2020 to $525.45 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $703.82 billion in 2025 at a CAGR of 8%.
The ventilation, heating, air-conditioning, and commercial refrigeration equipment market consists of sales of ventilation, heating, air-conditioning, and commercial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce ventilation, heating, air-conditioning, and commercial refrigeration equipment, including heating equipment (except warm air furnaces) and air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market is segmented into HVAC and commercial and industrial refrigeration equipment; commercial fan and air purification equipment; and heating equipment (except warm air furnaces).
Asia Pacific was the largest region in the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market, accounting for 58% of the market in 2020. North America was the second largest region accounting for 20% of the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market. Africa was the smallest region in the global ventilation, heating, air-conditioning, and commercial refrigeration equipment market.
The geothermal heating and cooling technology is becoming popular because of the surge in demand for energy efficient HVAC systems. Geothermal HVAC absorbs heat from the facility and transfers it underground and it uses cool water from the ground to create cool air conditioning in the facility. It consists of an indoor handling unit and a system of pipes underground which requires very low maintenance and lasts longer than traditional HVAC systems. Geothermal heating and cooling systems are now installed in about 50,000 US houses each year, according to the US Department of Energy.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Machinery manufacturers depend heavily on supply of raw materials, parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
The ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- United Technologies Corporation
- Daikin Industries Ltd
- Johnson Controls Inc
- Ingersoll Rand
- Bosch Group
Note: Product cover images may vary from those shown
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