HVAC System Market 2025 Growth: Top Players Like Electrolux, Emerson, LG Electronics, United Technologies, Honeywell, Daikin

The HVAC market is projected to grow at a rate of 4.7% by 2025 owing to the growing infrastructure developments, technological advancements, and extreme climatic conditions than ‘before and rising disposable income of the consumers. Refrigeration is considered to be the major segment as the demand for food and food related industries is surging up.

Growth in disposable income in Asian market, particularly in China and India has contributed to the high growth rate of HVAC market in this region. Europe and North America follow suit for the HVAC demand. Also additional demand is expected as older HVAC equipment will be inefficient and will find need to be replaced with the new HVAC systems complying with strict norms in majority part of the globe.

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Scope of the Report:
This industry assessment for the forecast period, 2018 - 2025 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.

Market-O-Nomics
• In the second quarter of 2016, this market’s long term growth rate was estimated to be a little shy of 5.5%, however bundled stocks and inventories especially in the European and North American region triggered the decline of the growth rate
• 2016 closed off with the growth rate nearing around 5.1%
• European region, however estimations indicate post 2021, the growth rate has potential to pick up and close at a healthy position by the end of 2025.
• China will see the highest share by country in Asia whereas India and Indonesia will see the fastest growing rates
• According to Samsung India, the electronic giant estimates the Indian segment would likely account for 58 % of its entire sales showcasing a forecasted growth rate of more than 25% in this region
• The air humidifier market is estimated to reach 1.5 billion USD by 2025.

Market Segment on the basis of by manufacturers, the report covers the following companies:
Daikin, Ingersoll Rand, Johnson Controls, LG Electronics, United Technologies, Electrolux, Emerson. Honeywell, Lennox and Nortek

Market Segment On the basis of Heating Scenario (Revenue, USD Million; 2016–2025), Report covers:
• Heat Pumps
• Furnaces
• Boilers
• Unitary Heaters

Market Segment On the basis of Class Ventilation Scenario (Revenue, USD Million; 2016–2025), Report covers:
• Humidifiers
• Dehumidifiers
• Air Purifiers
• Air Filters
• Ventilation Fans
• Air Handling Units

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Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the HVAC System market for the forecast period 2018 - 2025?
• What are the driving forces in the HVAC System market for the forecast period 2018 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the HVAC System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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This release was published on openPR.