HVAC (heating, ventilation, and air conditioning) systems offer ventilation and filtration of air to maintain the thermal balance in residential and non-residential buildings. HVAC systems offer ventilation and filtration of air to maintain the thermal balance in residential and non-residential buildings. The various components used in these systems are heat exchangers, pumps, and fans that control and regulate the temperature and humidity levels. The type of HVAC systems required is determined by the air quality of indoor and outdoor environment.
Technavio’s analysts forecast the global HVAC equipment market to grow at a CAGR of 4.9% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global HVAC equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated by the sale of HVAC equipment offered by market vendors.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global HVAC Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Carrier • DAIKIN INDUSTRIES • Ingersoll Rand • Johnson Controls • LG Electronics
Other prominent vendors • Bosch Thermotechnik • Electrolux • FUJITSU • GREE ELECTRIC APPLIANCES • Haier • Hitachi • Lennox International • Midea Group • Nortek • Samsung
Market driver • Growing construction sector • For a full, detailed list, view our report
Market challenge • High market competition • For a full, detailed list, view our report
Market trend • Rise in incorporation of building automation systems • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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