Press release
Heating, Ventilation and Air Conditioning (HVAC) Systems Market Competition Situation Research Report 2019
Heating, Ventilation, And Air Conditioning (HVAC) Services include installation, replacement, maintenance, and repair services. HVAC systems are meant to give comfortable air conditions in residential or commercial set-ups and provide thermal balance. The basic function of HVAC equipment is to perform heating and cooling functions and ventilation of air.The APAC region accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth in the region is the increasing investments in real estate sector.
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The increasing energy efficiency of HVAC systems will drive the growth prospects for the global HVAC air filter market until the end of 2020. One of the major factors responsible for the large amount of greenhouse gas (GHG) emissions worldwide is the high percentage of electricity consumed by residential and commercial buildings. For instance, in the US, residential and commercial buildings consume approximately 70% of the overall electricity and generate 40% greenhouse gas emissions. It has been observed that about one-third of the energy consumed by commercial buildings is utilized for ventilation and space heating or cooling applications of HVAC systems. As a result, the trend of lowering energy consumption has been gaining traction among end-users. To reduce a motor’s energy consumption, the fan motor in HVAC systems has to overcome resistance to deliver the required air flow. This compels the manufacturers to focus on the development of air filters that offer lower resistance to air flow.
An increase in green construction spending will drive the growth prospects for the global HVAC air filter market for the next four years. It has been noted that the construction industry across the globe is actively investing in energy efficiency solutions to counter the rising energy costs without compromising on the quality of services provided, promote healthy building and productive environment, increase efficiency, and decrease their impact on the surroundings. As a result, these systems earn Leadership in Energy and Environmental Design (LEED) certification or Energy Star designation.
The global Heating, Ventilation and Air Conditioning (HVAC) Systems market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Heating, Ventilation and Air Conditioning (HVAC) Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Heating, Ventilation and Air Conditioning (HVAC) Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Heating, Ventilation and Air Conditioning (HVAC) Systems market Report: https://www.qyresearch.com/index/detail/988325/global-heating-ventilation-and-air-conditioning-hvac-systems-market
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Camfil
CLARCOR
Daikin Industries
3M
Donaldson
Grainger
Tex-Air Filters
Lennox
Airsan
MANN+HUMMEL
Universal Air Filter
Carrier
Heating, Ventilation and Air Conditioning (HVAC) Systems Market Segment by Type
Heating Equipment
Ventilation Equipment
Cooling Type
Implementation Type
Heating, Ventilation and Air Conditioning (HVAC) Systems Market Segment by Application
Residential
Non-Residential
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