Latest Variable Air Volume Box Market Set for Rapid Growth |Ingersoll Rand PLC, Johnson Controls, TROX GmbH and Others.(2019-2024)

Variable Air Volume Box market to grow at a CAGR of around 6.3% during the forecast period. This market research report provides a comprehensive segmentation of the global Variable Air Volume Box market by type(Single-Duct VAV, Dual-Duct VAV, Induction VAV, Fan-Powered VAV(Series Powered, Parallel Powered)). It outlines the market shares for key regions such as the Americas, APAC, Europe, and MEA. The key vendors analyzed in this report are Ingersoll Rand PLC, Johnson Controls, TROX GmbH, Spectrum Industries.

Key Players -Ingersoll Rand PLC (Ireland), Johnson Controls (US), TROX GmbH (Germany), Spectrum Industries (India), United Technologies Corporation (US), Honeywell International Inc. (US), Daikin Industries, Ltd. (Japan), Siemens AG (Germany), System air AB (Sweden), Barcol-Air (Switzerland).

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The Variable Air Volume Box Market size is estimated to be USD 4.7 billion in 2019 and is projected to reach USD 6.4 billion by 2024,at a CAGR of 6.3%. This Report spread across 132 pages, profiling 10 companies and supported with 77 tables and 47 figures are now available in this research.

Single-duct VAV was the largest as well as the fastest-growing segment of the VAV box market globally in 2018. The huge consumption of single-duct VAV systems in commercial buildings due to its various advantages such as low sound level operation, cost-effectiveness, and efficiency in maintaining the optimum temperature in different climatic condition are the major factors driving the demand for single-duct VAV.

Commercial building is the largest application of VAV box. The increasing spending on public and private infrastructure development will contribute to the growth of the VAV box market. The continuous increase in new construction, including manufacturing and office construction, are the major factors leading to the demand of commercial buildings.

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Competitive Landscape of Variable Air Volume Box Market:
1 Introduction
2 Market Ranking of VAV Box Manufacturers
3 Competitive Situation & Trends
3.1 Expansion
3.2 New Product Development
3.3 Merger & Acquisition
3.4 Joint Venture

Research Coverage:
The VAV box market has been segmented based on type, application, and region. This report covers the VAV BOX market and forecasts its market size until 2024. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the VAV BOX market.

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This release was published on openPR.