Press release
HVAC Aftermarket Growing at a CAGR of 4.12% to 2021
Market Size Forecasters Added New Report “Global HVAC Aftermarket 2017-2021” new report to its research database.About HVAC Aftermarket
Marketsizeforecasters.com adds new global HVAC aftermarket report that lists top active companies as Carrier Corporation, Daikin Industries, Ingersoll-Rand, and Johnson Controls.
Other Prominent Vendors in the market are: Nortek, LG Electronics, AB Electrolux, Emerson Electric, Bosch Thermotechnik, Fujitsu, Haier, Lennox International, Samsung, Siemens, and Vaillant Group.
Research analysts forecast the global HVAC aftermarket to grow at a CAGR of 4.12% during the period 2017-2021.
Request a sample copy of HVAC Aftermarket Research Report @ https://marketsizeforecasters.com/enquire-for-discount/18228
Commenting on the report, an analyst team said: The latest trend gaining momentum in the market is rise in incorporation of building automation systems. Building automation systems (BASs), which control and monitor HVAC and other facilities of a given building, are embedded with computing and digital communication tools that allow these systems to enhance energy efficiency. The number of integrated BAS installations has increased owing to the rise in the number of construction projects and building retrofits.
The listed pricing for this HVAC Aftermarket report starts at $ 3500.
Request Discount for HVAC Aftermarket Research Report @ https://marketsizeforecasters.com/enquire-for-discount/18228
According to the report, one of the major drivers for this market is increasing price of HVAC components and parts due to high demand in favorable environment. The economic downturn proved to be a game changer for the HVAC industry with the number of contractors going out of business as well as established players opting to downsize to survive in the market. This adversely impacted the supply of HVAC components and parts, which, in turn increased the prices.
Further, the report states that one of the major factors hindering the growth of this market is capital-intensiveness. The global HVAC market is capital-intensive. With the growing competition in the market and challenges to profit margins impacting the OEMs, HVAC market vendors face difficulty in investing heavily in R&D activities and marketing campaigns. Many residential users in developing countries are facing challenges in adopting domestic HVAC equipment such as household furnaces, air conditioners, and other HVAC equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse full table of contents and data tables For HVAC Aftermarket Report of 70 pages https://marketsizeforecasters.com/global-hvac-after-market
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