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Asia Pacific HVAC Systems Market By Product (Cooling, Heating and Ventilation), By End User (Residential, Commercial, and Industrial), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

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    Report

  • 100 Pages
  • August 2021
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5448282

The Asia Pacific HVAC Systems Market is expected to witness market growth of 5.5% CAGR during the forecast period (2021-2027).

The constant upsurge in the adoption of heating & cooling equipment is due to climate change. Numerous customers are adopting HVAC equipment as a useful investment because of the unpredictable climatic conditions and increasing temperatures. In addition, HVAC systems increase the aesthetic value of commercial as well as residential places. Organizations offer products that are attractive and providing options of choosing from various designs. The demand for the product is expected to be fueled by the emergence of advanced designs and the shifting preferences of customers.

The growth of this region is expected to be fueled by the existence of companies in providing low-cost equipment in China and neighbouring nations. The fast urbanization in emerging countries like India, Japan, and China is encouraging the consumers towards adopting more lavish lifestyles, hence augmenting the demand for HVAC systems in these countries. The surge in the number of partnerships between regulatory bodies and companies in the market in order to increase awareness regarding the star-labeled HVAC units is expected to create new growth avenues for the regional HVAC systems market during the forecast period.

Moreover, several governments across this region introduced supportive initiatives and programs in order to support the usage of sophisticated energy-efficient units in new building structures, hence will boost the growth of the market. Therefore, these aspects are expected to create a positive outlook for the growth of the regional HVAC systems market in the upcoming years.

The Cooling market dominated the Malaysia HVAC Systems Market by Product 2020, thereby, achieving a market value of $2,617.2 million by 2027. The Heating market is showcasing a CAGR of 9.8% during (2021 - 2027). Additionally, The Ventilation market is estimated to grow at the highest CAGR of 10.8% during (2021 - 2027).

Based on Product, the market is segmented into Cooling, Heating and Ventilation. Based on End User, the market is segmented into Residential, Commercial, and Industrial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.



The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation, Johnson Controls International PLC, Hitachi, Ltd., Emerson Electric Co., Mitsubishi Electric Corporation, Trane Technologies PLC, Samsung Electronics Co., Ltd., Daikin Industries, Ltd., LG Electronics, Inc. and Lennox International, Inc.



Scope of the Study

Market Segments Covered in the Report:


By Product

  • Cooling
  • Heating
  • Ventilation

By End User

  • Residential
  • Commercial
  • Industrial

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Carrier Global Corporation,
  • Johnson Controls International PLC,
  • Hitachi, Ltd.,
  • Emerson Electric Co.,
  • Mitsubishi Electric Corporation,
  • Trane Technologies PLC,
  • Samsung Electronics Co., Ltd.,
  • Daikin Industries, Ltd.,
  • LG Electronics, Inc.
  • Lennox International, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific HVAC Systems Market, by Product
1.4.2 Asia Pacific HVAC Systems Market, by End User
1.4.3 Asia Pacific HVAC Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb - 2021, Aug) Leading Players
Chapter 4. Asia Pacific HVAC Systems Market by Product
4.1 Asia Pacific HVAC Systems Cooling Market by Country
4.2 Asia Pacific HVAC Systems Heating Market by Country
4.3 Asia Pacific HVAC Systems Ventilation Market by Country
Chapter 5. Asia Pacific HVAC Systems Market by End User
5.1 Asia Pacific Residential HVAC Systems Market by Country
5.2 Asia Pacific Commercial HVAC Systems Market by Country
5.3 Asia Pacific Industrial HVAC Systems Market by Country
Chapter 6. Asia Pacific HVAC Systems Market by Country
6.1 China HVAC Systems Market
6.1.1 China HVAC Systems Market by Product
6.1.2 China HVAC Systems Market by End User
6.2 Japan HVAC Systems Market
6.2.1 Japan HVAC Systems Market by Product
6.2.2 Japan HVAC Systems Market by End User
6.3 India HVAC Systems Market
6.3.1 India HVAC Systems Market by Product
6.3.2 India HVAC Systems Market by End User
6.4 South Korea HVAC Systems Market
6.4.1 South Korea HVAC Systems Market by Product
6.4.2 South Korea HVAC Systems Market by End User
6.5 Singapore HVAC Systems Market
6.5.1 Singapore HVAC Systems Market by Product
6.5.2 Singapore HVAC Systems Market by End User
6.6 Malaysia HVAC Systems Market
6.6.1 Malaysia HVAC Systems Market by Product
6.6.2 Malaysia HVAC Systems Market by End User
6.7 Rest of Asia Pacific HVAC Systems Market
6.7.1 Rest of Asia Pacific HVAC Systems Market by Product
6.7.2 Rest of Asia Pacific HVAC Systems Market by End User
Chapter 7. Company Profiles
7.1 Carrier Global Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisitions and Mergers:
7.1.5.3 Product Launches and Product Expansions:
7.2 Johnson Controls International PLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent Strategies and Developments:
7.2.5.1 Acquisitions and Mergers:
7.3 Hitachi, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent Strategies and Developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Emerson Electric Co.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent Strategies and Developments:
7.4.5.1 Acquisitions and Mergers:
7.4.5.2 Product Launches and Product Expansions:
7.5 Mitsubishi Electric Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent Strategies and Developments:
7.5.5.1 Acquisitions and Mergers:
7.5.6 SWOT Analysis
7.6 Trane Technologies PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent Strategies and Developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Samsung Electronics Co., Ltd. (Samsung Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent Strategies and Developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Daikin Industries, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional & Segmental Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent Strategies and Developments:
7.8.5.1 Acquisitions and Mergers:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 LG Electronics, Inc. (LG Corporation)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional & Segmental Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent Strategies and Developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. Lennox International, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent Strategies and Developments:
7.10.5.1 Product Launches and Product Expansions:

Companies Mentioned

  • Carrier Global Corporation,
  • Johnson Controls International PLC,
  • Hitachi, Ltd.,
  • Emerson Electric Co.,
  • Mitsubishi Electric Corporation,
  • Trane Technologies PLC,
  • Samsung Electronics Co., Ltd.,
  • Daikin Industries, Ltd.,
  • LG Electronics, Inc.
  • Lennox International, Inc.

Methodology

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