MARKET INTRODUCTION


HVAC (Heating, Ventilation and Air-conditioning) is a system used to maintain and control indoor environment safe and comfortable, meaning that the air should have sufficient amount of oxygen and free of unpleasant and hazardous gases. HVAC is based on the principle of thermodynamics, fluid mechanics and heat transfer. These systems has three main components i.e. a central plant, a distribution system and a rejection unit. With the rising need for better working and living spaces the HVAC systems market is expected to grow in forthcoming future.


MARKET DYNCAMICS


The growing HVAC systems market is driven significant factors like rapid industrialization, increasing population and urbanization, rising temperature and pollution across the globe due uncontrollable greenhouse and other toxic gases emission. However, high initial cost of systems and their maintenance is hampering the growth of the market. Moreover, with emerging need towards comfortable and safe indoor environment and replace old systems with more effective and efficient systems is likely to flourish the HVAC systems market.


MARKET SCOPE

The "Global HVAC Systems Market Analysis to 2027" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of HVAC systems market with detailed market segmentation by heating, cooling, ventilation, implementation, application, and geography. The global HVAC systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading HVAC systems market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global HVAC systems market is segmented on the basis of heating, cooling, ventilation, implementation and application. Based on heating, the market is segmented as heat pumps and space heaters. On the basis of cooling the market is sub-segmented into room/unitary air conditioners, chillers, VRF (Variable Refrigerant Flow) systems, coolers, and others. On the basis of ventilation the market is sub-segmented into air filters, air purifiers, centrifugal fans, roof vent, ventilation fan, air handling unit and others. On the bases of implementation the market is segmented into new installation and retrofit. Similarly, based on end-user the market is segmented into residential, commercial and industrial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global HVAC systems market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The HVAC systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting HVAC systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the HVAC systems market in these regions.

MARKET PLAYERS

The reports cover key developments in the HVAC systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from HVAC systems market are anticipated to lucrative growth opportunities in the future with the rising demand for HVAC systems in the global market. Below mentioned is the list of few companies engaged in the HVAC systems market.

The report also includes the profiles of key HVAC systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Daikin Industries, Ltd.
- Electrolux AB
- Emerson
- Hitachi Ltd.
- Honeywell International Ltd.
- Ingersoll-Rand Inc.
- Johnson Controls International plc
- LG Electronics Inc.
- Mitsubishi Electric Corporation
- United Technologies Corporation