HVAC systems comprise heating, ventilation, and cooling equipment that is used in a facility or an enclosure to ensure a proper environment for the people and other equipment inside. The systems can be installed in residential, commercial and industrial buildings, where they regulate the temperature, humidity levels, and the indoor and outdoor quality of the air. HVAC systems consist of various equipment and components. One such component is a safety device, which protects the HVAC system from any electrical hazards.
Technavio’s analysts forecast the global HVAC safety devices market to grow at a CAGR of 5.89% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global HVAC safety devices market for 2017-2021. To calculate the market size, the report considers the demand for HVAC safety devices.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global HVAC Safety Devices 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.
Other prominent vendors • CAREL INDUSTRIES • DITEK Surge Protection • Global Controls • Trane
Market driver • Retrofitting and renovation of old buildings • For a full, detailed list, view our report
Market challenge • High capital and installation costs for HVAC safety devices • For a full, detailed list, view our report
Market trend • Adoption of VRF 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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