Press release
Variable Air Volume Systems Market by Top Competitors dampers, fans, coils, filters, diffusers to VAV systems manufacturers are TROX UK Ltd., BELIMO Holding AG , emerson.com , Ingersoll-Rand plc, Honeywell International Inc , UNITED TECHNOLOGIES.
Variable Air Volume Systems Market
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Market Analysis: Global Variable Air Volume Systems Market
The Global Variable Air Volume Systems Market is expected to reach USD 17.22 billion by 2025, from USD 10.48 billion in 2017, growing at a CAGR of 6.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
• Increasing awareness to reduce energy consumption.
• Demand for uniform air distribution control driving the market for VAV controller.
• High product cost and installation cost.
• Lesser awareness about VAV to restrict the market.
Major Market Competitors/Players:
Some of the major players operating in global variable air volume systems market are dampers, fans, coils, filters, diffusers to VAV systems manufacturers are
• TROX UK Ltd.,
• BELIMO Holding AG ,
• emerson.com ,
• Ingersoll-Rand plc,
• Honeywell International Inc ,
• UNITED TECHNOLOGIES.,
• Honeywell International Inc.,
• Ingersoll-Rand plc,
• KMC Controls Johnson Controls.,
• Emerson Electric Co., and
• DAIKIN INDUSTRIES, Ltd, among others.
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Competitive Analysis: Global Variable Air Volume Systems Market
The global variable air volume systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of variable air volume systems market for global, Europe, North America, Asia Pacific and South America.
Market Segmentation:
• The global variable air volume systems market is segmented based on type, application and geographical segments.
• Based on type, the global variable air volume systems market is segmented into single duct VAV, dual duct VAV, induction VAV, and fan powered VAV.
• On the basis of application, the global variable air volume systems market segmented into residential buildings, industrial buildings, commercial buildings and others.
• Based on geography, the global variable air volume systems market report covers data points for 28 countries across multiple geographies namely
o North America & South America,
o Europe,
o Asia-Pacific and,
o Middle East & Africa.
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