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Global HVAC Controls Market (2021-2026) by Application Type, System Type, Component Type, Implementation Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 178 Pages
  • December 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5544056
The Global HVAC Controls Market is estimated to be USD 14.6 Bn in 2021 and is expected to reach USD 28.31 Bn by 2026, growing at a CAGR of 14.16%.

Market Dynamics

The factors driving the global HVAC Controls Market due to increasing adoption from the construction sector. The need for energy-efficient building, growing demand for HVAC Systems. The developing smart home solutions and the growing Internet of Things (IoT) enabled HVAC Controls Systems are critical factors that help increase the market's growth. On the other hand, high costs associated with system installation and lack of awareness among end-users related to adoption and benefits of HVAC Controls Systems or Solutions. Furthermore, system complexities such as technical complexities associated with upgrading existing HVAC systems will also affect the market’s growth.

Moreover, technological advancements such as data storage equipment in HVAC. The HVAC loads, increasing demand for cloud computing systems, integrating smart devices with motion sensors in HVAC Systems, Artificial Intelligence, and latest networking and environmental benefits provided by the systems are factors creating opportunities for the market to grow in the forecasted period.

Market Segmentation

  • The Global HVAC Controls Distributed Acoustic Sensing (DAS) Market is segmented further based on Application Type, System Type, Component Type, Implementation Type, and Geography.
  • By Application Type, the market is classified into Residential, Commercials, and Industrial.
  • By System Type, the HVAC Controls is classified into Temperature Controls System, Ventilation Controls Systems, Humidity Controls Systems, and Integrated Controls Systems.
  • By Components Type, the HVAC Controls is classified into Sensors, Controllers, and Controlled Devices.
  • By Implementation Type, the HVAC Controls is classified into New Construction and Retrofit.
  • By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Carrier Global Corporation collaborate Huadian Corporation to provide 15 AquaEdge® 19XR centrifugal chillers for the Guangzhou Wanbo Central Energy Station- September 27, 2021
2. Carrier Global Corporation launched Toshiba Carrier touchscreen controller for variable refrigerant flow systems in North America, which is also accessible to VRF, System-September 22, 2021
3. Distech Controls, Inc collaborates with Ecole de technologies superieure (ETS) and Laboratory of Imaging, Vision, and Artificial Intelligence (LIVIA) for developing machine learning solutions to control connected buildings-August 23, 2021
4. Lennox International, Inc introduced Ultimate Indoor Air Quality Systems for rooftop unit-June 9, 2021

Company Profiles

Some of the companies covered in this report are Carrier Global Corporation, Delta Controls, Inc, Distech Controls, Emerson Electric Co, Honeywell International, Inc, Johnson Controls International, Lennox International, Inc, Schneider Electric SA, Siemens AG, Trane Technologies plc, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global HVAC Controls Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global HVAC Controls Market

What is the estimated value of the Global HVAC Controls Market?

The Global HVAC Controls Market was estimated to be valued at $14.6 Billion in 2021.

What is the growth rate of the Global HVAC Controls Market?

The growth rate of the Global HVAC Controls Market is 14.2%, with an estimated value of $28.31 Billion by 2026.

What is the forecasted size of the Global HVAC Controls Market?

The Global HVAC Controls Market is estimated to be worth $28.31 Billion by 2026.

Who are the key companies in the Global HVAC Controls Market?

Key companies in the Global HVAC Controls Market include Astronics Corporation, Azbil Corporation, Carrier Global Corporation, Computime Group Limited, ConnectM Technology Solutions, Cubic Sensor and Instruments Co Ltd, Creation Technologies LP, Daikin Industries, Ltd and Distech Controls.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Growing Demand in Construction Sector and Smart Homes
4.1.2 Increasing Technological Enabled HVAC Systems
4.2 Restraints
4.2.1 Lack of Awareness in Systems Adoption
4.2.2 High Cost of System Installations
4.3 Opportunities
4.3.1 Increasing Demand and Integration of Smart Devices
4.4 Challenges
4.4.1 Complexities Associated with System Upgradation
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global HVAC Controls Market, By Application Type
6.1 Introduction
6.2 Residential
6.3 Commercials
6.4 Industrial
7 Global HVAC Controls Market, By System Type
7.1 Introduction
7.2 Temperature Controls Systems
7.3 Ventilation Controls Systems
7.4 Humidity Controls Systems
7.5 Integrated Controls Systems
8 Global HVAC Controls Market, By Components Type
8.1 Introduction
8.2 Sensors
8.3 Controllers and Controlled Devices
9 Global HVAC Controls Market, By Implementation Type
9.1 Introduction
9.2 New Construction
9.3 Retrofit
10 Global HVAC Controls Market, By Geography
10.1 Introduction
10.1 America
10.1.1 Argentina
10.1.2 Brazil
10.1.3 Canada
10.1.4 Chile
10.1.5 Colombia
10.1.6 Mexico
10.1.7 Peru
10.1.8 United States
10.1.9 Rest of Americas
10.2 Europe
10.2.1 Austria
10.2.2 Belgium
10.2.3 Denmark
10.2.4 Finland
10.2.5 France
10.2.6 Germany
10.2.7 Italy
10.2.8 Netherlands
10.2.9 Norway
10.2.10 Poland
10.2.11 Russia
10.2.12 Spain
10.2.13 Sweden
10.2.14 Switzerland
10.2.15 United Kingdom
10.2.16 Rest of Europe
10.3 Middle East and Africa
10.3.1 Egypt
10.3.2 Israel
10.3.3 Qatar
10.3.4 Saudi Arabia
10.3.5 South Africa
10.3.6 United Arab Emirates
10.3.7 Rest of MEA
10.4 Asia-Pacific
10.4.1 Australia
10.4.2 Bangladesh
10.4.3 China
10.4.4 India
10.4.5 Indonesia
10.4.6 Japan
10.4.7 Malaysia
10.4.8 Philippines
10.4.9 Singapore
10.4.10 South Korea
10.4.11 Sri Lanka
10.4.12 Thailand
10.4.13 Taiwan
10.4.14 Rest of Asia
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Astronics Corporation
12.2 Azbil Corporation
12.3 Carrier Global Corporation
12.4 Computime Group Limited
12.5 ConnectM Technology Solutions
12.6 Cubic Sensor and Instruments Co Ltd
12.7 Creation Technologies LP
12.8 Daikin Industries, Ltd
12.9 Delta Controls, Inc
12.10 Distech Controls
12.11 ecobee, Inc
12.12 Emerson Electric Co
12.13 Fr. Sauter AG
12.14 Google Nest
12.15 Haier Group Corporation
12.16 Honeywell International, Inc
12.17 Hitachi, Ltd
12.18 Jackson Systems
12.19 Johnson Controls International
12.20 KMC Controls
12.21 Lennox International, Inc
12.22 LG Electronics, Inc
12.23 Mitsubishi Electric Corporation
12.24 OJ Electronics A/S
12.25 REGIN HVAC Products, Inc
12.26 Robert Bosch GmbH
12.27 Salus North America, Inc
12.28 Schneider Electric SA
12.29 Siemens AG
12.30 Trane Technologies plc
12.31 United Technologies Corporation
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • Astronics Corporation
  • Azbil Corporation
  • Carrier Global Corporation
  • Computime Group Limited
  • ConnectM Technology Solutions
  • Cubic Sensor and Instruments Co Ltd
  • Creation Technologies LP
  • Daikin Industries, Ltd
  • Delta Controls, Inc
  • Distech Controls
  • ecobee, Inc
  • Emerson Electric Co
  • Fr. Sauter AG
  • Google Nest
  • Haier Group Corporation
  • Honeywell International, Inc
  • Hitachi, Ltd
  • Jackson Systems
  • Johnson Controls International
  • KMC Controls
  • Lennox International, Inc
  • LG Electronics, Inc
  • Mitsubishi Electric Corporation
  • OJ Electronics A/S
  • REGIN HVAC Products, Inc
  • Robert Bosch GmbH
  • Salus North America, Inc
  • Schneider Electric SA
  • Siemens AG
  • Trane Technologies plc
  • United Technologies Corporation