Press release
HVAC Equipment Market to Exhibit 6.20% CAGR from 2014-2022 on Account of Frequent Climatic Variations
Obtain Report Details @
http://www.transparencymarketresearch.com/hvac-equipment-market.html
The global market for HVAC equipment is driven by technological developments, stringent government regulations, increased demand from the commercial sector, rising consumer expectations, climate variations, and strong demand from Asia Pacific. On the other hand, the HVAC equipment market is faced by a major challenge – increased energy consumption. However, ongoing trends such as smart homes, green technologies, and energy-efficient systems are anticipated to present several opportunities for growth over the next seven years.
On the basis of type, the HVAC equipment market is fragmented into heating (furnaces, heat pumps, and boilers), ventilation (humidifiers/dehumidifiers and air pumps/ventilation fans), and air conditioning (room air conditioners, coolers, unitary air conditioners, and others).
By application, the HVAC equipment market is segmented into industrial, residential, and commercial. The commercial sector held the largest share of the overall market and demand for HVAC equipment from this segment accounts for over one third of the global market. While the residential sector is undergoing healthy growth, the industrial sector is anticipated to lose market share by 2022. In the commercial sector, the tourism and construction industries make up for most of the demand for HVAC equipment.
On the basis of geography, the global HVAC equipment market is divided into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Asia Pacific dominated the global HVAC equipment market in 2013, accounting for over 50% of the overall market. This region is anticipated to retain its dominant position through 2022, driven by robust economic development in countries such as India and China. China is by far the largest producer of HVAC equipment and demand for the same stems from Europe, Latin America, and Africa. Local demand for low-priced HVAC solutions also drives the China market.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1499
The research report identifies the most promising companies operating in the HVAC equipment market and analyzes them on the basis of parameters such as company overview, financial standing, recent developments, product portfolio, and business strategies. The leading players contributing towards the growth of the HVAC equipment market include AB Electrolux, Lennox International Inc., Carrier Corporation, Haier Ltd., Panasonic Corporation, Daikin Industries Ltd., LG Corporation, and Samsung Electronics.
About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us :
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release HVAC Equipment Market to Exhibit 6.20% CAGR from 2014-2022 on Account of Frequent Climatic Variations here
News-ID: 546197 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for HVAC
EDS's All-New HVAC Software Puts a Twist in the HVAC Industry
It's an expensive deal to keep a home warm, cool, and power rightly all the time. And it is a tedious job for the HVAC equipment providers to provide the right-sized HVAC solution without accurate heat or cooling load calculation. To address the challenges of the HVAC service providers, today, Energy Design Systems (EDS), a pioneered HVAC engineering solutions provider, has introduced EDS - a powerful HVAC software.
Today, Energy…
HVAC COMPANIES IN NIGERIA
AKPO OYEGWA REFRIGERATION COMPANY
Whether your project is a new build or you are updating an existing building. AKPO OYEGWA REFRIGERATION COMPANY is a full service commercial and industrial HVAC mechanical service contractor with office in Lagos State, Nigeria.
With in-depth industry relevant experience AKPO OYEGWA REFRIGERATION COMPANY mechanical services team specialises in offering custom solutions and installations of both commercial and industrial HVAC systems. As an expert full service HVAC contractor…
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report.
Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are…
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV …
Automotive HVAC Technology MARKET
The market research report on the Global Automotive HVAC Technology Market presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and the…
HVAC Company offers Quality HVAC Services in Tulsa, Ok
Tulsa, Ok – SEPTEMBER 13, 2018–Finding the right HVAC services can be difficult for anyone. You want to hire a company that is qualified and will complete the job right the first time. The company that you are looking for needs, to be honest, and trustworthy as well. They are, after all, coming to your home.
Wortman Central Air in Tulsa Oklahoma is the diverse, qualified and…
Advanced HVAC Control Market Report 2018: Segmentation by Type (Programmable HVA …
Global Advanced HVAC Control market research report provides company profile for Salus, Emerson, Ecobee, Ojelectronics, Regin, Lennox, Nest, Schneider, Honeywell, Johnson Controls, Trane, Siemens and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
