Press release
Advanced HVAC Controls Market Will Reach At CAGR Of 6.04% Till Year 2021
HVAC control systems are devices that are used to reduce energy consumption and boost the performance of HVAC units. According to the purpose for which they are used, these controllers are classified into sensors, field devices, and floor-level controllers and building-level controllers. These devices form essential components in all HVAC equipment and are used in both residential and non-residential installations. Advanced HVAC controls can reduce operational and maintenance costs and energy consumption efficiently.
Technavios analysts forecast the global advanced HVAC controls market to grow at a CAGR of 6.04% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global advanced hvac controls market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Advanced HVAC Controls 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.
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Key vendors
Honeywell International
Johnson Controls
Mitsubishi Electric
Schneider Electric
Siemens
Other prominent vendors
Azbil
Delta Controls
Distech Controls
Mass Electronics
KMC Controls
NanoSense
Reliable Controls
Fr. Sauter AG
Trane
Triatek
Market driver
Increasing demand for HVAC equipment
For a full, detailed list, view our report
Market challenge
High capital and R&D investments
For a full, detailed list, view our report
Market trend
Increasing use of building automated systems (BAS)
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?
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