HVAC Systems Market Breakdown & Data Triangulation – Forecast to 2022

HVAC Systems Market by Equipment Type (Heating (Heat Pump, Furnace), Ventilation (Air Filter, Dehumidifier, Air Purifier), Cooling (Room AC, Unitary AC, Chiller)), Software & Services, Implementation Type, Application, and Geography – Global Forecast to 2022

Pune, India – September 29, 2017 /MarketersMedia/ —

HVAC Systems Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.

The HVAC systems market is expected to grow at a CAGR of 5.9% between 2016 and 2022 and reach USD 173.16 billion by 2022. The key driving factors for the growth of the HVAC systems market are government incentives through tax credit programs, increasing construction activities, and government regulations and policies for energy saving.

HVAC Systems Market highlights key players such as Daikin Industries Limited (Japan), Ingersoll Rand Plc. (Ireland), Johnson Controls, Inc.(U.S.), Nortek, Inc. (U.S.), United Technologies Corporation(U.S.), Electrolux AB (Sweden), Emerson Electric Co.(U.S.), Honeywell International Inc.(U.S.), Lennox International Inc. (U.S.), LG Electronics (South Korea), Mitsubishi Electric (Japan), Panasonic Corporation (Japan), Qingdao Haier Co. Ltd. (China), Samsung Electronics (South Korea), and Whirlpool Corporation (U.S.).

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The growth of the heating equipment market is mainly driven by government financial incentive programs, low operating cost and high operating capacity, higher efficiency of equipment, and increasing demand in the residential market.

The growth of the HVAC systems market in APAC is attributed to the increase in industrialization and urbanization, increase in the disposable income of consumers, and change in climate conditions. Further, introduction of government programs for promoting energy savings has also helped the HVAC industry to grow in the region. Some of the regulations contributing to the growth of the region are Commercial Building Disclosure (CBD) Program (Australia), Energy Conservation Building Codes (India), LEED-INDIA, and Indian Society of Heating, Refrigerating, and Air-Conditioning Engineers (ISHRAE).

Break-up of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 – 45%, Tier 2 – 40%, and Tier 3 – 15%
• By Designation: C–Level Executives – 25%, Directors– 35%, Others – 40%
• By Region: North America – 30%, Europe – 25%, APAC – 40%, RoW – 5%

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Key Points From Table Of Content:

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 HVAC Systems Market, By Heating Equipment
5.2.2 Market, By Ventilation Equipment
5.2.3 Market, By Cooling Equipment
5.2.4 Market, By Implementation Type
5.2.5 Market, By Application
5.2.6 Market, By Software and Service
5.2.7 Market, By Geography
5.3 Dynamics
5.3.1 Drivers
5.3.1.1 Government Incentives Through Tax Credit Programs Expected to Drive the Growth of the Market
5.3.1.2 Increasing Construction Activities That Would Boost the Implementation of HVAC Systems
5.3.1.3 Government Regulations and Policies for Energy Saving Expected to Boost Demand for HVAC Systems
5.3.1.4 Growing Trend of Smart Homes Expected to Increase the Demand for HVAC Systems
5.3.2 Restraints
5.3.2.1 High Costs of Skilled Labor as Well as Installation
5.3.2.2 Lack of Awareness About the Benefits of HVAC Systems
5.3.3 Opportunities
5.3.3.1 Development of the Next Generation Low Global Warming Potential Refrigerants for HVAC Systems
5.3.3.2 Transformation of Iot Within the HVAC Industry
5.3.4 Challenges
5.3.4.1 Complexities in the Replacement of HVAC Systems in Existing Buildings

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Model
6.3.1 Intensity of Competitive Rivalry
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Threat of New Entrants
6.4 Regulatory Standards
6.4.1 Montreal Protocol
6.4.2 Kyoto Protocol
6.4.3 Leed Certification

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7 HVAC Systems Market, By Heating Equipment
7.1 Introduction
7.2 Heat Pump
7.2.1 Air-To-Air Heat Pump
7.2.2 Air-To-Water Heat Pump
7.2.3 Water-To-Water Heat Pump
7.3 Furnace
7.3.1 Oil Furnace
7.3.2 Gas Furnace
7.3.3 Electric Furnace
7.4 Boiler
7.4.1 Steam Boiler
7.4.2 Hot Water Boiler
7.5 Unitary Heater
7.5.1 Gas Unit Heater
7.5.2 Oil Fired Unit Heater
7.5.3 Electric Unit Heater

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