Lucintel Anticipates US HVAC Equipment Market to Grow at a CAGR of 3.3% during 2015-2020

The US HVAC equipment market is expected to grow at a CAGR of 3.3% during 2015-2020. The major driver of the US HVAC equipment market is increasing building construction and replacement activities, which have contributed to the growth of this market. Another important factor that drive this market is availability of easy financing, technological developments and rise in consumer spending on luxury goods and services, helps to drive the demand of HVAC systems in US. Energy cost, resource, and greenhouse gas emission restrictions are driving the demand for energy efficient HVAC systems for commercial, institutional as well as residential buildings.
Lucintel, a leading global management consulting and market research firm, has analyzed the Indian doors and windows market by various segments and regions, and has come up with a comprehensive research report “US HVAC Equipment Market 2015-2020: Trends, Forecast, and Opportunity Analysis.” This report provides an analysis of HVAC equipment market, including analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes US HVAC equipment market forecasts through 2020, segmented by products and applications as follows:
The US HVAC equipment market segmented by products:
• Furnace
• Heat Pump
• Central AC
• Room AC
• Others

The US HVAC equipment market by applications:
• Residential
• Commercial

On the basis of its comprehensive research, Lucintel forecasts that the US HVAC equipment market is expected to depict a high growth during 2015-2020. Heat pump market will remain the largest segment in terms of value during the forecast period. Increasing building construction activities is the major driving force of the industry. United Technologies Corporation, Lennox International Inc., and Johnsons Control Inc. are some of the players in the US HVAC equipment market.
This 105-page research report will enable you to make confident business decisions in HVAC equipment industry. For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time. Lucintel offerings include Construction Market Report, Construction Reports, SWOT Matrix, Due Diligence and Mergers & Acquisitions.

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.

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This release was published on openPR.