Global HVAC Market

- Size, Trend, Share, Opportunity Analysis & Forecast, 2015-2023

  • Date July 2017
  • price $3619
 
 

HVAC systems provide heating, ventilation, and air conditioning solutions to buildings, residential properties, & office complexes. They also help manage and control the temperature of fast moving machineries & components in automobiles, and take care of the overall comfort of the vehicle. Adoption of technology such as sensors and thermostats in HVAC systems has resulted in automated smart solutions for buildings and automobiles.

The global HVAC market is segmented based on equipment type, application, and geography. Based on equipment type, the market is segmented into heating, ventilating, and cooling. The heating equipment is segmented into heat pumps, boiler, heaters, and furnaces. The ventilating equipment is divided into air purifier & filter, ventilating fans, and humidifier & de-humidifier. The cooling equipment market is classified into chiller, cooler, cooling tower, and unitary air conditioning. Based on application, the market is categorized into residential, commercial, automobiles, and industrial. By geography, it is classified into North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Increasing construction activities and demand for smart building systems globally
  • Increasing trends of smart home solutions and rising disposable income

Restraints:

  • High energy consumption by HVAC systems

Market Players:

The key market players profiled in the market include Carrier Corporation, Daikin Industries Ltd., Emerson Electric Co., Honeywell International Inc., Ingersoll-Rand, Johnson Controls International, LG Electronics Inc., Mitsubishi Electric Corporation, Nortek Inc., and United Technologies Corporation.

KEY TAKEAWAYS

  • This report provides a detailed quantitative analysis of the current market from 2015 to 2023 to identify prevailing opportunities.
  • An in-depth analysis of drivers, restraints, and opportunities has been provided to understand the market behavior.
  • The report includes the strategies of key leaders, partnerships, and acquisitions.
  • Porters five forces analysis determines the competitive structure of the market to assist in strategy formulation.
  • A regional and country-level analysis of the market has been provided in the report.
  • Competitive intelligence of leading HVAC solution providers helps understand the competitive scenario across geographies.
  • The report provides extensive qualitative insights on the potential and niche segments or regions that exhibit favorable growth.

MARKET LANDSCAPE

By Equipment

  • Heating
    • Heat pumps
    • Furnace
    • Boiler
    • Heater
  • Ventilating
    • Air purifier & filter
    • Ventilating fans
    • Humidifier & de-humidifier
  • Cooling
    • Chiller
    • Cooler
    • Cooling tower
    • Unitary air conditioning

By Application

  • Residential
  • Industrial
  • Commercial
  • Automobiles

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global HVAC Equipment Market Shares Analysis, 2014-2025
3.4.1. Global HVAC Equipment Market by Equipment, 2014-2025
3.4.2. Global HVAC Equipment Market by Application, 2014-2025
3.4.3. Global HVAC Equipment Market by Geography, 2014-2025
4. Global HVAC Equipment Market by Equipment
4.1. Heating Equipment
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.1.3. Heat Pumps
4.1.4. Furnace
4.1.5. Boiler
4.1.6. Heater
4.2. Ventilating Equipment
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.2.3. Air Purifier & Filter
4.2.4. Ventilating Fans
4.2.5. Humidifier & De-humidifier
4.3. Cooling Equipment
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.3.3. Chiller
4.3.4. Cooler
4.3.5. Cooling Tower
4.3.6. Unitary Air Conditioning
5. Global HVAC Equipment Market by End-User
5.1. Residential
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Industrial
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Commercial
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. Automobile
5.4.1. Historical Market Size by Region, 2014-2016
5.4.2. Market Forecast by Region, 2017-2025
6. Global HVAC Equipment Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Spain
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. Italy
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Rest of Europe
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. Australia
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. South Korea
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Rest of Asia-Pacific
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. Saudi Arabia
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
7. Company profiles
7.1. Carrier Corporation
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Daikin Industries Ltd.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Emerson Electric Co.
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. Honeywell International Inc.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Ingersoll-Rand
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. Johnson Controls International
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. LG Electronics Inc.
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Mitsubishi Electric Corporation
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Nortek Inc.
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. United Technologies Corporation
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments

List of Tables

Table 1. HVAC Market Value, by Equipment, 2014-2025, $million
Table 3. HVAC Market Value, by Application, 2014-2025, $million
Table 5. HVAC Market Value for Heating Equipment, by Region, 2017-2025, $million
Table 6. HVAC Market Value for Heating Equipment, by Type, 2017-2025, $million
Table 7. HVAC Market Value for Ventilating Equipment, by Region, 2017-2025, $million
Table 8. HVAC Market Value for Ventilating Equipment, by Type, 2017-2025, $million
Table 9. HVAC Market Value for Cooling Equipment, by Region, 2017-2024, $million
Table 10. HVAC Market Value for Cooling Equipment, by Type, 2017-2025, $million
Table 11. HVAC Market Value for Residential, by Region, 2017-2025, $million
Table 12. HVAC Market Value for Industrial, by Region, 2017-2025, $million
Table 13. HVAC Market Value for Commercial, by Region, 2017-2025, $million
Table 14. HVAC Market Value for Automobile, by Region, 2017-2025, $million
Table 15. HVAC Market Value for North America, by Country, 2014-2025, $million
Table 16. HVAC Market Value for North America, by Equipment, 2014-2025, $million
Table 17. HVAC Market Value for North America, by Application, 2014-2025, $million
Table 18. HVAC Market Value for Europe, by Country, 2014-2025, $million
Table 19. HVAC Market Value for Europe, by Equipment, 2014-2025, $million
Table 20. HVAC Market Value for Europe, by Application, 2014-2025, $million
Table 21. HVAC Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 22. HVAC Market Value for Asia-Pacific, by Equipment, 2014-2025, $million
Table 23. HVAC Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 24. HVAC Market Value for LAMEA, by Country, 2014-2025, $million
Table 25. HVAC Market Value for LAMEA, by Equipment, 2014-2025, $million
Table 26. HVAC Market Value for LAMEA, by Application, 2014-2025, $million
Table 27. Carrier Corporation - Company Snapshot
Table 28. Daikin Industries Ltd. - Company Snapshot
Table 29. Emerson Electric Co. - Company Snapshot
Table 30. Honeywell International Inc. - Company Snapshot
Table 31. Ingersoll-Rand - Company Snapshot
Table 32. Johnson Controls International - Company Snapshot
Table 33. LG Electronics Inc. - Company Snapshot
Table 34. Mitsubishi Electric Corporation - Company Snapshot
Table 35. Nortek Inc. - Company Snapshot
Table 36. United Technologies Corporation - Company Snapshot

List of Figures

Figure 1. HVAC: Heating Equipment Market Value, 2014-2016, $million
Figure 2. HVAC: Ventilating Equipment Market Value, 2014-2016, $million
Figure 3. HVAC: Cooling Equipment Market Value, 2014-2016, $million
Figure 4. HVAC: Residential Market Value, 2014-2016, $million
Figure 5. HVAC: Industrial Market Value, 2014-2016, $million
Figure 6. HVAC: Commercial Market Value, 2014-2016, $million
Figure 7. HVAC: Automobile Market Value, 2014-2016, $million
Figure 8. HVAC: U.S. Market Value, 2014-2016, $million
Figure 9. HVAC: U.S. Market Value, 2017-2025, $million
Figure 10. HVAC: Canada Market Value, 2014-2016, $million
Figure 11. HVAC: Canada Market Value, 2017-2025, $million
Figure 12. HVAC: Mexico Market Value, 2014-2016, $million
Figure 13. HVAC: Mexico Market Value, 2017-2025, $million
Figure 14. HVAC: UK Market Value, 2014-2016, $million
Figure 15. HVAC: UK Market Value, 2017-2025, $million
Figure 16. HVAC: Germany Market Value, 2014-2016, $million
Figure 17. HVAC: Germany Market Value, 2017-2025, $million
Figure 18. HVAC: France Market Value, 2014-2016, $million
Figure 19. HVAC: France Market Value, 2017-2025, $million
Figure 20. HVAC: Spain Market Value, 2014-2016, $million
Figure 21. HVAC: Spain Market Value, 2017-2025, $million
Figure 22. HVAC: Italy Market Value, 2014-2016, $million
Figure 23. HVAC: Italy Market Value, 2017-2025, $million
Figure 24. HVAC: Rest of Europe Market Value, 2014-2016, $million
Figure 25. HVAC: Rest of Europe Market Value, 2017-2025, $million
Figure 26. HVAC: China Market Value, 2014-2016, $million
Figure 27. HVAC: China Market Value, 2017-2025, $million
Figure 28. HVAC: Japan Market Value, 2014-2016, $million
Figure 29. HVAC: Japan Market Value, 2017-2025, $million
Figure 30. HVAC: India Market Value, 2014-2016, $million
Figure 31. HVAC: India Market Value, 2017-2025, $million
Figure 32. HVAC: Australia Market Value, 2014-2016, $million
Figure 33. HVAC: Australia Market Value, 2017-2025, $million
Figure 34. HVAC: South Korea Market Value, 2014-2016, $million
Figure 35. HVAC: South Korea Market Value, 2017-2025, $million
Figure 36. HVAC: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 37. HVAC: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 38. HVAC: Brazil Market Value, 2014-2016, $million
Figure 39. HVAC: Brazil Market Value, 2017-2025, $million
Figure 40. HVAC: Saudi Arabia Market Value, 2014-2016, $million
Figure 41. HVAC: Saudi Arabia Market Value, 2017-2025, $million
Figure 42. HVAC: South Africa Market Value, 2014-2016, $million
Figure 43. HVAC: South Africa Market Value, 2017-2025, $million
Figure 44. HVAC: Rest of LAMEA Market Value, 2014-2016, $million
Figure 45. HVAC: Rest of LAMEA Market Value, 2017-2025, $million
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