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Automatic Environmental Control Manufacturing Market 2018 - Identify Opportunities and Challenges

03-27-2018 02:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: WISE GUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISE GUY RESEARCH CONSULTANTS PVT LTD
Automatic Environmental Control Manufacturing Market 2018 -

Summary
Global automatic environmental control manufacturing market growth outlook is positive with significant growth potential for automatic controls pertaining to air conditioning and heating. Emerging market growth, low interest rate environment, urbanization, rising population, rapid growth in manufacturing and construction industries is driving the demand for automatic environmental control products. At the same time, there is mounting pressure on environmental control manufacturing to reduce costs, enhance product features and offer automatic controls integrated with IoT technologies. The market for automatic environmental control manufacturing reached a value of nearly $81.6 billion in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% to nearly $123.4 billion by 2022.

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The market for automatic environmental control is somewhat concentrated with a few large players dominating the market. Major players in the market are Johnson Controls, Schneider Electric, United Technologies Corporation, Honeywell International Inc., Ingersoll-Rand plc and others. Automatic environmental control for air-conditioning equipment accounted for the largest share of the market for automatic environment control in 2017 at REDACTED%. The highest growth is projected to come from automaticenvironmental control for refrigeration equipment which is forecasted to grow at a CAGR of REDACTED%. Majorfactors included economic growth, rapid growth in construction and manufacturing industries.

Asia Pacific is the largest market for automatic environment control manufacturing, accounting for REDACTED% of the global market. It was followed by Western Europe, and North America. Going forward,North America is expected to witness the fastest growth in the automatic environment control market,estimated to grow at a CAGR of REDACTED%, followed by Africa, which is expected to grow at a CAGR of REDACTED%.

The USA is the largest market in terms of value in the automatic environment control market. Germany and the USA are forecasted to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%,respectively.

The market is challenged by restraints such as decline in stringent regulations, interest rate increases and rising trade protectionism.Report Scope:

This research report categorizes the automatic environmental control market by type. Product type include heating, air conditioning and refrigeration.

Report Includes:
- 94 data tables
- An overview of the global markets for automatic environmental control manufacturing
- Analyses of global market trends, with data from 2013- 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Discussion of major trends shaping the automatic environmental control manufacturing market including, development and manufacture of smart thermostats, building energy management system (BEMS) and developing systems based on IOT for remote monitoring and control of boilers
- Assessment of applications for heating equipment, refrigeration equipment and air conditioning equipment
- Profiles of leading companies in the market, including Johnson Controls, Inc., Schneider Electric, United Technologies Corporation, Honeywell International Inc. and Ingersoll RandHONEYWELL INTERNATIONAL INC.
INGERSOLL-RAND PLC
JOHNSON CONTROLS
SCHNEIDER ELECTRIC SE
UNITED TECHNOLOGIES CORPORATION

Table of Content: Key Points
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Chapter 2 Summary and Highlights
Chapter 3 Automatic Environmental Control Manufacturing Market Characteristics
Chapter 4 Automatic Environmental Control Manufacturing Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints on the Market
Forecast Market Growth
Drivers of the Market
Restraints on the Market
Chapter 5 Automatic Environmental Control Manufacturing Market Trends and Strategies
IoT for Remote Monitoring and Control of Boilers
Smart Thermostats
Building Energy Management Systems
Chapter 6 PESTLE Analysis
…Continued

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Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

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