Press release
HVAC Market 2018 Key Country Analysis: Daikin, United Technologies, Johnson Controls, Ingersoll-Rand, and LG Electronics
Heating Ventilation and Air Conditioning Market
Global Heating Ventilation and Air Conditioning Market Information, by Systems (Heating, Ventilation, Humidity, Integrated Controls), by Components (Sensors, Control & Control Devices), by Revenue Source (HVAC Controls, Building Energy Management Systems (BEMS), by region (Europe, Americas, Asia Pacific & MEA) - Forecast to 2027
Industry Overview
The global heating, ventilation, and air conditioning (HVAC) market is projected to expand at a stupendous CAGR from 2016 to 2027 (forecast period), as per a new report by Market Research Future (MRFR). HVAC equipment comprises an array of machines for heating and cooling. They are an integral part of residential and commercial structures. Efforts undertaken by various nations to minimize emission of greenhouse gases are anticipated to drive market growth during the forecast period.
Rapid urbanization, temperate weather conditions, and booming population growth are factors which can affect market growth. Rapid adoption of HVAC systems in the information technology (IT)/information technology enabled services (ITES) sector is expected to boost market demand in the coming years. An uptick witnessed in infrastructural projects in residential and commercial zones is predicted to bode well for the market. Incentives by governments to integrate HVAC equipment in buildings may lead to new consumers.
Emergence of new building codes which encourage sustainable energy practices and reduce levels of greenhouse gas emissions are expected to be beneficial to the market in the coming years. For instance, Daikin has decided to change the designs of its products to be energy-efficient. In addition, the renewable energy target of various nations has led to several prominent companies such as Johnson Control to achieve net-zero status. Affordability of photovoltaic panels and power purchase agreements between power distribution companies are likely to affect the market.
Get Sample Report of Heating Ventilation and Air Conditioning Market @ https://www.marketresearchfuture.com/sample_request/801
Segmentation Analysis
The HVAC market is segmented on the basis of type, application, and region. By type, the market is segmented into central air conditioning, split residential air conditioners, packaged air conditioners, and window or through the wall air conditioners.
Applications of HVAC include hospitality, residential, commercial, hospitality, and others. The commercial segment is anticipated to exhibit an impressive CAGR over the forecast period. Construction of energy-efficient and smart buildings can influence the segment demand. New guidelines coupled with government support for construction of these buildings can boost market growth.
Regional Analysis
Geographically, the HVAC market covers regions such as the Middle East and Africa (MEA), Asia Pacific (APAC), Europe, and Americas.
The Americas and Europe markets are expected to be the leaders in terms of volume till the end of the forecast period. The U.S., in particular, can contribute to the Americas market due to popularity of furnace and boiler systems. Developments in technologies have rendered it easy to control these systems. Durability and easy maintenance of these systems are factors expected to influence adoption in the forthcoming years.
The MEA region is anticipate to dominate the market in terms of volume and revenue due to well-performing economies and upcoming residential and commercial infrastructural projects.
The APAC market is touted to experience robust growth on account of rapid industrialization, urbanization, and rise in population. Government regulations supporting the use of HVAC equipment coupled with lax policies related to heating in China are anticipated to bolster market demand in the coming years. Easy availability of home loans and development of new projects are anticipated to bode well for the market.
Competition Outlook
Noteworthy players in the heating, ventilation, and air conditioning market are Daikin Industries, Ltd.; Honeywell International, Inc.; Samsung Electronics; Johnson Controls International plc; and Ingersoll-Rand plc. The market is characterized by mergers and acquisitions (M&A), technological innovations, and new products. But huge capital required for investment coupled with lack of distributors are factors which may discourage new entrants.
Get Details Information of Heating Ventilation and Air Conditioning Market @ https://www.marketresearchfuture.com/reports/heating-ventilation-air-conditioning-market-801
Continued…….
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question. In order to stay updated with technology and work process of the industry
Address:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release HVAC Market 2018 Key Country Analysis: Daikin, United Technologies, Johnson Controls, Ingersoll-Rand, and LG Electronics here
News-ID: 1098619 • Views: …
More Releases from Market Research Future
Petri Dish Market Projected to Hit USD 2.59 Billion by 2035, at a Exceptional CA …
Overview
The global petri dish market is witnessing steady growth as laboratories, research institutions, and pharmaceutical companies increasingly rely on these essential laboratory consumables for microbiological testing, cell culture, and drug development. Petri dishes are shallow, cylindrical, lidded dishes typically made of plastic or glass, providing a sterile environment for culturing bacteria, fungi, and other microorganisms. They are critical in clinical diagnostics, research, and quality control applications, making them indispensable in…
IV Pole Market Forecasted to Reach USD 0.4984 Billion By 2035, at an Impressive …
Overview
The global IV pole market is growing steadily, driven by the increasing demand for intravenous therapy in hospitals, clinics, outpatient centers, and home care settings. IV poles are essential devices that hold infusion bags, medication drips, and monitoring equipment, ensuring accurate delivery of therapies while supporting patient mobility. As healthcare delivery shifts toward outpatient care and home-based treatments, the need for reliable, ergonomic, and adjustable IV poles has increased significantly.The…
Autism Spectrum Disorder Market Set to Reach USD 6.025 Billion, with a Healthy 7 …
The market dedicated to Autism Spectrum Disorder (ASD) is currently undergoing a transformative phase. Fueled by a continuous rise in diagnosis rates, a heightened focus on early intervention, and technological advancements, the market is expanding to meet complex and diverse patient needs. According to recent forecasts, the Autism Spectrum Disorder Market is set to reach USD 6.025 Billion, demonstrating a healthy 7.12% CAGR till forecasts 2035. This trajectory underscores the…
Spinal Surgery Market Forecasted to Reach USD 70.34 Billion By 2035, at an Impre …
The Spinal Surgery Market is experiencing a rapid evolution, moving away from traditional open procedures toward high-precision, minimally invasive techniques. This transformation is driven by a convergence of aging demographics, the rising burden of spinal disorders, and game-changing technological integrations like robotics. As the demand for faster recovery and better patient outcomes accelerates, the market is poised for significant financial expansion, with the Spinal Surgery Market Forecasted to Reach USD…
More Releases for Heating
Texas Strong | Air Conditioning & Heating | Houston: Premier AC & Heating Servic …
As temperatures in Houston soar, reliable climate control becomes a necessity. Texas Strong | Air Conditioning & Heating | Houston stands as a trusted name, offering exceptional AC & heating services [https://texasstrongmechanical.com/#:~:text=Texas%20Strong-,AC%20%26%20Heating%20Services,-Award%2Dwinning%20Service] designed to keep residents comfortable year-round. Specializing in everything from routine maintenance to major system installations, the company has become a go-to choice for homeowners and businesses alike.
Dependable AC Repair for Houston Residents
Air conditioning breakdowns can disrupt daily…
Foster Plumbing & Heating Expands Air Conditioning and Heating Repair Services
Foster Plumbing & Heating is excited to announce the expansion of its air conditioning repair and heating repair services to better meet the needs of both residential and commercial customers in the greater San Jose area. As temperatures continue to fluctuate throughout the year, ensuring that HVAC systems are working efficiently is essential for maintaining comfort. With this expansion, Foster Plumbing & Heating will offer even more comprehensive solutions, from…
Walker Heating & Cooling is a Trusted Heating and Cooling company.
Image: https://www.getnews.info/wp-content/uploads/2024/08/1723914055.jpeg
Walker Heating & Cooling is well known as the most reliable heating and cooling company in the area. They are known for providing excellent HVAC services and have built a reputation for excellence through hard work, skill, and an unwavering dedication to customer happiness.
Apex, NC - Walker Heating & Cooling specializes in Hvac Tyler TX [https://www.google.com/maps?cid=10872087067572057303] solutions for both homes and businesses. They offer a wide range of…
Cullerton Heating Delivers Professional Service for Heating and Cooling Systems
Arlington Heights, IL - When the heat is on to find the best service provider to repair your broken AC system or furnace, then Christ Cullerton is the go-to technician you can depend on to keep a cool head and deliver every time.
For Chris of Cullerton Heating & Cooling has built a reputation for being a reliable HVAC services provider with a proven track record in installing, maintaining and…
Underfloor Heating Market by Component Heating Cables, Heating Mats, Sensor & Th …
"Hardware offerings accounted for larger share of underfloor heating market in 2019."
Hardware offerings accounted for a larger share of the underfloor heating market in 2019. The growth of the market is attributed to the increasing demand for hardware such as heating pipes and cables, distribution units, and manifolds for use in hydronic and electric underfloor heating systems.
"Market for new installations of underfloor heating systems expected to grow at highest CAGR…
Global Heating Radiators Market 2017 - Hunt Heating, Stelrad, H2O Heating, Vasco …
Focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer.
This report studies Heating Radiators in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
Download Sample Report @ https://www.fiormarkets.com/report-detail/55948/request-sample
This report focuses on top manufacturers in global market, with production, price, revenue and…
