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HVAC Equipment Market by System Type, Business Type, and End user: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 292 Pages
  • October 2021
  • Region: Global
  • Allied Market Research
  • ID: 5521625
Description Jump to:
The global HVAC equipment market size was valued at $171.8 billion in 2020, and is projected to reach $290.8 billion by 2030, registering a CAGR of 5.3% from 2021 to 2030. The purpose of an HVAC system is to manage the environment in which it operates. It achieves this by using heating and cooling to regulate the indoor temperature. By controlling the movement and distribution of air inside the room, it also regulates the humidity level in that environment. There are three main types of HVAC systems that include split AC, package heating & air conditioning system and central air conditioning. Unlike split systems, which have separate cold and hot units, package air conditioners include all the components in one unit. A centrifugal fan or blower is used in these elements to assist disperse air throughout the building.



Construction activity has risen as a result of ongoing infrastructure development, urbanization, and industrialization across the world. HVAC equipment are increasingly being used by construction project owners to offer a safe and healthy working environment for their workers. One of the major reasons encouraging the increased usage of heating and cooling technology is climate change. Because of the unpredictability of weather and rising temperatures, many consumers see HVAC equipment as a good investment. Furthermore, HVAC systems enhance the aesthetic value of both residential and business spaces. Companies create goods that are appealing to the eye and provide a variety of design alternatives.

Various key players are improving their product portfolio by launching latest and most advanced technology HVAC equipment and also strengthening market position by implementing various strategic moves such as partnership, acquisition, expanding business and product launch. For instance, in August 2021, Emerson introduced a new Copeland 110cc speed scroll variable compressor with a 36 kW inverter drive. These new solutions are designed to conserve energy and enhance the environment in a variety of commercial air-conditioning applications, including chillers, data centers, and package air conditioners. Such strategic moves are expected to provide lucrative growth in the market during the forecast period.

The HVAC equipment market is segmented on the basis of system type, business type, end-user, and region. By system type, the market is divided into central and decentralized. By business type, it is divided into new construction and retrofits. By end user, it is divided into residential, commercial and industrial. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

COMPETITION ANALYSIS

Key companies profiled in the HVAC equipment market report include Daikin Industries, Ltd., Johnson Controls, Hitachi Air Conditioning Company, LG Electronics Inc., Raytheon Technologies Corporation (United Technologies), Emerson Electric Co., Honeywell International, Inc., Mitsubishi Electric Trane HVAC US LLC, Nortek Global HVAC, Danfoss AS.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging HVAC equipment market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2028.
  • Extensive analysis of the HVAC equipment market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
  • The global HVAC equipment market forecast analysis from 2021 to 2028 is included in the report.
  • The key market players within HVAC equipment market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the HVAC equipment industry.

KEY SEGMENTS

By SYSTEM TYPE

  • Central
  • Decentralized

By BUSINESS TYPE

  • New construction
  • Retrofits

By END USER

  • Residential
  • Commercial
  • Industrial

By REGION

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • Daikin Industries, Ltd.
  • Johnson Controls
  • Hitachi Air Conditioning Company
  • LG Electronics Inc.
  • Raytheon Technologies Corporation (United Technologies)
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • Mitsubishi Electric Trane HVAC US LLC
  • Nortek Global HVAC
  • Danfoss AS

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Market player positioning, 2020
3.4. Porter's five forces analysis
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Emergence of IoT-enabled HVAC systems
3.5.1.2. Development of the construction market
3.5.1.3. Rise in demand for building automation systems (BASs)
3.5.2. Restraint
3.5.2.1. Low adoption of HVAC controls
3.5.2.2. Complexity in upgrading the existing HVAC systems
3.5.3. Opportunity
3.5.3.1. Upsurge in demand for cloud computing in HVAC
3.6. COVID-19 Impact Analysis
CHAPTER 4: HVAC EQUIPMENT MARKET, BY SYSTEM TYPE
4.1. Overview
4.1.1. Market size and forecast, by system type
4.2. Central
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by central HVAC equipment type
4.2.3.1. All-air systems
4.2.3.2. All-water systems
4.2.3.3. Air-water systems
4.2.3.1. Water-source heat pumps
4.2.3.2. Heating and cooling panels
4.2.4. Market size and forecast, by country
4.3. Decentralized
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by decentralized HVAC equipment type
4.3.3.1. Local heating systems
4.3.3.2. Local cooling systems
4.3.3.3. Local ventilation systems
4.3.3.1. Local air-conditioning systems
4.3.3.2. Split systems
4.3.4. Market size and forecast, by country
CHAPTER 5: HVAC EQUIPMENT MARKET, BY BUSINESS TYPE
5.1. Overview
5.1.1. Market size and forecast, by business type
5.2. New Constructions
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by country
5.3. Retrofits
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by country
CHAPTER 6: HVAC EQUIPMENT MARKET, BY END USER
6.1. Overview
6.1.1. Market size and forecast, by end user
6.2. Residential
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market size and forecast, by country
6.3. Commercial
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market size and forecast, by country
6.4. Industrial
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market size and forecast, by country
CHAPTER 7: HVAC EQUIPMENT MARKET, BY REGION
7.1. Market overview
7.1.1. Market size and forecast, by region
7.2. North America
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. North America market size and forecast, by system type
7.2.2.1. Market size and forecast, by central HVAC equipment type
7.2.2.2. Market size and forecast, by decentralized HVAC equipment type
7.2.3. North America market size and forecast, by business type
7.2.4. North America market size and forecast, by end user
7.2.5. North America market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. U.S. market size and forecast, by system type
7.2.5.1.2. U.S. market size and forecast, by business type
7.2.5.1.3. U.S. market size and forecast, by end user
7.2.5.2. Canada
7.2.5.2.1. Canada market size and forecast, by system type
7.2.5.2.2. Canada market size and forecast, by business type
7.2.5.2.3. Canada market size and forecast, by end user
7.2.5.3. Mexico
7.2.5.3.1. Mexico market size and forecast, by system type
7.2.5.3.2. Mexico market size and forecast, by business type
7.2.5.3.3. Mexico market size and forecast, by end user
7.3. Europe
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Europe market size and forecast, by system type
7.3.2.1. Market size and forecast, by central HVAC equipment type
7.3.2.2. Market size and forecast, by decentralized HVAC equipment type
7.3.3. Europe market size and forecast, by business type
7.3.4. Europe market size and forecast, by end user
7.3.5. Europe market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Germany market size and forecast, by system type
7.3.5.1.2. Germany market size and forecast, by business type
7.3.5.1.3. Germany market size and forecast, by end user
7.3.5.2. France
7.3.5.2.1. France market size and forecast, by system type
7.3.5.2.2. France market size and forecast, by business type
7.3.5.2.3. France market size and forecast, by end user
7.3.5.3. UK
7.3.5.3.1. UK market size and forecast, by system type
7.3.5.3.2. UK market size and forecast, by business type
7.3.5.3.3. UK market size and forecast, by end user
7.3.5.4. Italy
7.3.5.4.1. Italy market size and forecast, by system type
7.3.5.4.2. Italy market size and forecast, by business type
7.3.5.4.3. Italy market size and forecast, by end user
7.3.5.5. Rest of Europe
7.3.5.5.1. Rest of Europe market size and forecast, by system type
7.3.5.5.2. Rest of Europe market size and forecast, by business type
7.3.5.5.3. Rest of Europe market size and forecast, by end user
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Asia-Pacific market size and forecast, by system type
7.4.2.1. Market size and forecast, by central HVAC equipment type
7.4.2.2. Market size and forecast, by decentralized HVAC equipment type
7.4.3. Asia-Pacific market size and forecast, by business type
7.4.4. Asia-Pacific market size and forecast, by end user
7.4.5. Asia-Pacific market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. China market size and forecast, by system type
7.4.5.1.2. China market size and forecast, by business type
7.4.5.1.3. China market size and forecast, by end user
7.4.5.2. India
7.4.5.2.1. India market size and forecast, by system type
7.4.5.2.2. India market size and forecast, by business type
7.4.5.2.3. India market size and forecast, by end user
7.4.5.3. Japan
7.4.5.3.1. Japan market size and forecast, by system type
7.4.5.3.2. Japan market size and forecast, by business type
7.4.5.3.3. Japan market size and forecast, by end user
7.4.5.4. South Korea
7.4.5.4.1. Rest of Asia-Pacific market size and forecast, by system type
7.4.5.4.2. Rest of Asia-Pacific market size and forecast, by business type
7.4.5.4.3. Rest of Asia-Pacific market size and forecast, by end user
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Rest of Asia-Pacific market size and forecast, by system type
7.4.5.5.2. Rest of Asia-Pacific market size and forecast, by business type
7.4.5.5.3. Rest of Asia-Pacific market size and forecast, by end user
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. LAMEA market size and forecast, by system type
7.5.2.1. Market size and forecast, by central HVAC equipment type
7.5.2.2. Market size and forecast, by decentralized types
7.5.3. LAMEA market size and forecast, by business type
7.5.4. LAMEA market size and forecast, by end user
7.5.5. LAMEA market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Latin America market size and forecast, by system type
7.5.5.1.2. Latin America market size and forecast, by business type
7.5.5.1.3. Latin America market size and forecast, by end user
7.5.5.2. Middle East
7.5.5.2.1. Middle East market size and forecast, by system type
7.5.5.2.2. Middle East market size and forecast, by business type
7.5.5.2.3. Middle East market size and forecast, by end user
7.5.5.3. Africa
7.5.5.3.1. Africa market size and forecast, by system type
7.5.5.3.2. Africa market size and forecast, by business type
7.5.5.3.3. Africa market size and forecast, by end user
CHAPTER 8: COMPANY PROFILES
8.1. DAIKIN INDUSTRIES, LTD.
8.1.1. Company overview
8.1.2. Key executive
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. R&D expenditure
8.1.7. Business performance
8.1.8. Key strategic moves and developments
8.2. DANFOSS AS
8.2.1. Company overview
8.2.2. Key executive
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. R&D expenditure
8.2.7. Business performance
8.2.8. Key strategic moves and developments
8.3. EMERSON ELECTRIC CO.
8.3.1. Company overview
8.3.2. Key executive
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. R&D expenditure
8.3.7. Business performance
8.3.8. Key strategic moves and developments
8.4. HITACHI AIR CONDITIONING COMPANY
8.4.1. Company overview
8.4.2. Key executive
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. R&D expenditure
8.4.7. Business performance
8.4.8. Key strategic moves and developments
8.5. HONEYWELL INTERNATIONAL, INC.
8.5.1. Company overview
8.5.2. Key executive
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. R&D expenditure
8.5.7. Business performance
8.5.8. Key strategic moves and developments
8.6. JOHNSON CONTROLS INTERNATIONAL PLC
8.6.1. Company overview
8.6.2. Key executive
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. R&D expenditure
8.6.7. Business performance
8.6.8. Key strategic moves and developments
8.7. LG ELECTRONICS INC.
8.7.1. Company overview
8.7.2. Key executive
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. MITUBISHI ELECTRIC TRANE HVAC US LLC
8.8.1. Company overview
8.8.2. Key executive
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. R&D expenditure
8.8.7. Business performance
8.8.8. Key strategic moves and developments
8.9. NORTEK, INC.
8.9.1. Company overview
8.9.2. Key executive
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Key strategic moves and developments
8.10. RAYTHEON TECHNOLOGIES CORPORATION
8.10.1. Company overview
8.10.2. Key executive
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. R&D expenditure
8.10.7. Business performance
List of Tables
TABLE 01. HVAC EQUIPMENT MARKET REVENUE, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 02. CENTRAL HVAC EQUIPMENT MARKET REVENUE, BY REGION, 2020-2030 ($MILLION)
TABLE 03. CENTRAL HVAC EQUIPMENT MARKET REVENUE, BY TYPES, 2020-2030 ($MILLION)
TABLE 04. DECENTRALIZED HVAC EQUIPMENT MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 05. DECENTRALIZED HVAC EQUIPMENT MARKET REVENUE, BY TYPES, 2020-2030 ($MILLION)
TABLE 06. HVAC EQUIPMENT MARKET REVENUE, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 07. HVAC EQUIPMENT MARKET REVENUE FOR NEW CONSTRUCTIONS, BY REGION, 2020-2030 ($MILLION)
TABLE 08. HVAC EQUIPMENT MARKET REVENUE FOR RETROFITS, BY REGION, 2020-2030 ($MILLION)
TABLE 09. HVAC EQUIPMENT MARKET REVENUE, BY END USER, 2020-2030 ($MILLION)
TABLE 10. HVAC EQUIPMENT MARKET REVENUE FOR RESIDENTIAL, BY REGION, 2020-2030 ($MILLION)
TABLE 11. HVAC EQUIPMENT MARKET REVENUE FOR COMMERCIAL, BY REGION, 2020-2030 ($MILLION)
TABLE 12. HVAC EQUIPMENT MARKET REVENUE FOR INDUSTRIAL, BY REGION, 2020-2030 ($MILLION)
TABLE 13. HVAC EQUIPMENT MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 14. NORTH AMERICA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 15. NORTH AMERICA ALUMINUM HVAC EQUIPMENT MARKET REVENUE, BY CENTRAL HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 16. NORTH AMERICA CARBON HVAC EQUIPMENT MARKET REVENUE, BY DECENTRALIZED HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 17. NORTH AMERICA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 18. NORTH AMERICA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 19. NORTH AMERICA HVAC EQUIPMENT MARKET , BY COUNTRY, 2020-2030 ($MILLION)
TABLE 20. U.S. HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 21. U.S. HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 22. U.S. HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 23. CANADA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 24. CANADA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 25. CANADA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 26. MEXICO HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 27. MEXICO HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 28. MEXICO HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 29. EUROPE HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 30. EUROPE HVAC EQUIPMENT MARKET REVENUE, BY CENTRAL HVAC EQUIPMENT TYPES, 2020-2030 ($MILLION)
TABLE 31. EUROPE HVAC EQUIPMENT MARKET REVENUE, BY DECENTRAL HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 32. EUROPE HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 33. EUROPE HVAC EQUIPMENT MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 34. EUROPE HVAC EQUIPMENT MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 35. GERMANY HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 36. GEMRNAY HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 37. GERMANY HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 38. FRANCE HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 39. FRANCE HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 40. FRANCE HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 41. UK HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 42. UK HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 43. UK HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 44. ITALY HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 45. ITALY HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 46. ITALY HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 47. REST OF EUROPE HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 48. REST OF EUROPE HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 49. REST OF EUROPE HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 50. ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 51. ASIA-PACIFIC HVAC EQUIPMENT MARKET REVENUE, BY CENTRAL HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 52. ASIA_PACIFIC HVAC EQUIPMENT MARKET REVENUE, BY DECENTRALIZED HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 53. ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 54. ASIA-PACIFIC HVAC EQUIPMENT MARKET , BY COUNTRY, 2020-2030 ($MILLION)
TABLE 55. ASIA-PACIFIC HVAC EQUIPMENT MARKET , BY COUNTRY, 2020-2030 ($MILLION)
TABLE 56. CHINA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 57. CHINA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 58. CHINA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 59. INDIA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 60. INDIA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 61. INDIA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 62. JAPAN HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 63. JAPAN HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 64. JAPAN HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 65. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 66. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 67. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 68. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 69. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 70. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 71. LAMEA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 72. LAMEA HVAC EQUIPMENT MARKET REVENUE, BY CENTRAL HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 73. LAMEA HVAC EQUIPMENT MARKET REVENUE, BY DECENTRALIZED HVAC EQUIPMENT TYPE, 2020-2030 ($MILLION)
TABLE 74. LAMEA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 75. LAMEA HVAC EQUIPMENT MARKET , BY COUNTRY, 2020-2030 ($MILLION)
TABLE 76. LAMEA HVAC EQUIPMENT MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 77. LATIN AMERICA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 78. LATIN AMERICA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 79. LATIN AMERICA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 80. MIDDLE EAST HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 81. MIDDLE EAST HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 82. MIDDLE EAST HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 83. AFRICA HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 ($MILLION)
TABLE 84. AFRICA HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 ($MILLION)
TABLE 85. AFRICA HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 86. DAIKIN INDUSTRIES: KEY EXECUTIVE
TABLE 87. DAIKIN INDUSTRIES: COMPANY SNAPSHOT
TABLE 88. DAIKIN INDUSTRIES: OPERATING SEGMENTS
TABLE 89. DAIKIN INDUSTRIES: PRODUCT PORTFOLIO
TABLE 90. DANFOSS: KEY EXECUTIVE
TABLE 91. DANFOSS: COMPANY SNAPSHOT
TABLE 92. DANFOSS: OPERATING SEGMENTS
TABLE 93. DANFOSS: PRODUCT PORTFOLIO
TABLE 94. EMERSON: KEY EXECUTIVE
TABLE 95. EMERSON: COMPANY SNAPSHOT
TABLE 96. EMERSON: OPERATING SEGMENTS
TABLE 97. EMERSON: PRODUCT PORTFOLIO
TABLE 98. HITACHI: KEY EXECUTIVE
TABLE 99. HITACHI: COMPANY SNAPSHOT
TABLE 100. HITACHI: OPERATING SEGMENTS
TABLE 101. HITACHI: PRODUCT PORTFOLIO
TABLE 102. HONEYWELL: KEY EXECUTIVE
TABLE 103. HONEYWELL: COMPANY SNAPSHOT
TABLE 104. HONEYWELL: OPERATING SEGMENTS
TABLE 105. HONEYWELL PRODUCT PORTFOLIO
TABLE 106. JOHNSON CONTROLS: KEY EXECUTIVE
TABLE 107. JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 108. JOHNSON CONTROLS: OPERATING SEGMENTS
TABLE 109. JOHNSON CONTROLS: PRODUCT PORTFOLIO
TABLE 110. LG ELECTRONICS: KEY EXECUTIVE
TABLE 111. LG ELECTRONICS: COMPANY SNAPSHOT
TABLE 112. LG ELECTRONICS: OPERATING SEGMENTS
TABLE 113. LG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 114. MITSUBISHI: KEY EXECUTIVE
TABLE 115. MITSUBISHI: COMPANY SNAPSHOT
TABLE 116. MITSUBISHI: OPERATING SEGMENTS
TABLE 117. MITSUBISHI: PRODUCT PORTFOLIO
TABLE 118. NORTEK: KEY EXECUTIVE
TABLE 119. NORTEK: COMPANY SNAPSHOT
TABLE 120. NORTEK: OPERATING SEGMENTS
TABLE 121. NORTEK: PRODUCT PORTFOLIO
TABLE 122. RAYTHEON: KEY EXECUTIVE
TABLE 123. RAYTHEON: COMPANY SNAPSHOT
TABLE 124. RAYTHEON: OPERATING SEGMENTS
TABLE 125. RAYTHEON: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. TOP WINNING STRATEGIES, BY YEAR, 2019-2021
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019-2021 (%)
FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY, 2019-2021
FIGURE 07. MARKET PLAYER POSITIONING, 2020
FIGURE 08. LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 11. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 12. LOW-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. HVAC EQUIPMENT MARKET, BY SYSTEM TYPE, 2020-2030 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF CENTRAL HVAC EQUIPMENT MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF DECENTRALIZED HVAC EQUIPMENT MARKET, BY COUNTRY, 2020-2030 (%)
FIGURE 16. HVAC EQUIPMENT MARKET, BY BUSINESS TYPE, 2020-2030 (%)
FIGURE 17. COMAPARATIVE SHARE ANALYSIS OF HVAC EQUIPMENT MARKET FOR NEW CONSTRUCTIONS, BY COUNTRY, 2020-2030 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF HVAC EQUIPMENT MARKET FOR RETROFITS, BY COUNTRY, 2020-2030 (%)
FIGURE 19. HVAC EQUIPMENT MARKET, BY END USER, 2020-2030 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF HVAC EQUIPMENT MARKET FOR RESIDENTIAL, BY COUNTRY, 2020-2030 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF HVAC EQUIPMENT MARKET FOR COMMERCIAL, BY COUNTRY, 2020-2030 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF HVAC EQUIPMENT MARKET FOR INDUSTRIAL, BY COUNTRY, 2020-2030 (%)
FIGURE 23. HVAC EQUIPMENT MARKET, BY REGION, 2020-2030
FIGURE 24. U.S. HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 25. CANADA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 26. MEXICO HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 27. GERMANY HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 28. FRANCE HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29. UK HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30. ITALY HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31. REST OF EUROPE HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32. CHINA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33. INDIA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34. JAPAN HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35. SOUTH KOREA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36. REST OF ASIA-PACIFIC HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37. LATIN AMERICA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38. MIDDLE EAST HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39. AFRICA HVAC EQUIPMENT MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40. DAIKIN INDUSTRIES: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 41. DAIKIN INDUSTRIES: REVENUE, 2018-2020 ($MILLION)
FIGURE 42. DAIKIN INDUSTRIES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 43. DAIKIN INDUSTRIES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 44. DANFOSS: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 45. DANFOSS: REVENUE, 2018-2020 ($MILLION)
FIGURE 46. DANFOSS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 47. DANFOSS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 48. EMERSON: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 49. EMERSON: REVENUE, 2018-2020 ($MILLION)
FIGURE 50. EMERSON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51. EMERSON: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52. HITACHI: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 53. HITACHI: REVENUE, 2018-2020 ($MILLION)
FIGURE 54. HITACHI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55. HITACHI: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56. HONEYWELL: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 57. HONEYWELL: REVENUE, 2018-2020 ($MILLION)
FIGURE 58. HONEYWELL: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59. HONEYWELL: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60. JOHNSON CONTROLS: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 61. JOHNSON CONTROLS: REVENUE, 2018-2020 ($MILLION)
FIGURE 62. JOHNSON CONTROLS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63. JOHNSON CONTROLS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64. LG ELECTRONICS: REVENUE, 2018-2020 ($MILLION)
FIGURE 65. MITSUBISHI: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 66. MITSUBISHI: REVENUE, 2018-2020 ($MILLION)
FIGURE 67. MITSUBISHI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 68. MITSUBISHI: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 69. RAYTHEON: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 70. RAYTHEON: REVENUE, 2018-2020 ($MILLION)
FIGURE 71. RAYTHEON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 72. RAYTHEON: REVENUE SHARE BY REGION, 2020 (%)

Companies Mentioned

  • Daikin Industries LTD.
  • Johnson Controls
  • Hitachi Air Conditioning Company
  • LG Electronics Inc.
  • Raytheon Technologies Corporation (United Technologies)
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Trane HVAC U.S. LLC
  • Nortek Global HVAC and Danfoss AS

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages292
PublishedOctober 2021
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 171.8 billion
Forecasted Market Value ( USD ) by 2030 $ 290.8 billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned9

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