Press release
At a CAGR of 8.78%, Global HVAC Control Systems Market is Expected to grow over 2017-2021
Albany, NY, March 22, 2017: An HVAC control system is used for regulating the temperature, humidity, and airflow within a building to provide thermal comfort to occupants. HVAC systems ensure enhanced air quality in residential and commercial establishments through ventilation and filtration, thereby ensuring thermal balance. These systems use heat exchangers, pumps, and fans to control and regulate humidity and temperature levels.The global HVAC control systems market to grow at a CAGR of 8.78% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global HVAC control systems market for 2017-2021. To calculate the market size, the report considers the revenue generated through sales of HVAC control systems and components and support and maintenance services for HVAC control systems and its allied components.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global HVAC Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Honeywell International
- Johnson controls
- Schneider Electric
- ABB
- Cylon
- Trane
Market driver
- Harnessing benefits of HVAC control systems
- For a full, detailed list, view our report
Market challenge
- High initial investment for vendors and end-users
- For a full, detailed list, view our report
Market trend
- Increased focus on integrated building management systems (IBMS)
- For a full, detailed list, view our report
Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=1027727
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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