Press release
HVAC Aftermarket 2017-2021 : Carrier Corporation, Daikin Industries, Ingersoll-Rand, Johnson Controls
HVAC Aftermarket
The HVAC aftermarket represents the market for spare parts, accessories, and components related to HVAC systems. The aftermarket also includes replacement, maintenance, and repair services. In terms of geographic segmentation, the Americas accounts for the highest revenue in the global market. This is because the region has a large HVAC installed base. In addition, there are regulatory reforms in the region that are modulating HVAC maintenance procedures and encouraging consumers to adopt energy-efficient and environment-friendly HVAC parts and components. The maintenance and repair service is in tandem with the demand for HVAC components and parts, as all equipment require continuous maintenance.
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BMR’s analysts forecast the global HVAC aftermarket to grow at a CAGR of 4.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global HVAC aftermarket for 2017-2021. To calculate the market size, the report considers the replacement demand for HVAC components and parts as well as maintenance and repair services.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global HVAC Aftermarket 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.
Lay eyes on complete report @ http://www.bigmarketresearch.com/global-hvac-after-2017-2021-market
Key vendors
• Carrier Corporation
• Daikin Industries
• Ingersoll-Rand
• Johnson Controls
Other prominent vendors
• Nortek
• LG Electronics
• AB Electrolux
• Siemens
• Vaillant Group
Market driver
• Increasing price of HVAC components and parts due to high demand in favorable environment
• For a full, detailed list, view our report
Market challenge
• Capital-intensiveness
• For a full, detailed list, view our report
Market trend
• Rise in incorporation of building automation systems
• For a full, detailed list, view our report
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