Heating, Ventilation and Air Conditioning (HVAC) Market Report - Forecast to 2027

Global Heating Ventilation and Air Conditioning Market Information, by Systems (Heating, Ventilation, Humidity, Integrated Controls), by Components (Sensors, Control & Control Devices), by Revenue Source (HVAC Controls, Building Energy Management Systems (BEMS), by region (Europe, Americas, Asia Pacific & MEA) - Forecast to 2027

ID: MRFR/IA - E/0317-CR | June 2016 | Region: Global | 150 pages

Market Synopsis


The global market for heating, ventilation & air conditioning (HVAC) is expected to increase at a steady compound annual growth rate over the next nine years. The arrival of leading-edge heating, ventilation and air conditioning technology has reflected favorably on the global market. Increased investment in product innovation has led to development of advanced ventilation and air conditioning solutions. Manufacturers are also focusing on product customization and development of application-specific products, which is identified as a key industry trend.


Severe levels of atmospheric change and global warming is a major factor driving the deployment rate of various indoor temperature control systems including heating, ventilation and air conditioning systems. These systems are more popular in countries that experience frequent climatic fluctuations.  Moreover, continued urbanization and growth of human population is playing an important role in boosting the popularity of the indoor temperature control systems in various parts of the world. Factors as such as likely to support the growth of the global market for heating, ventilation and air conditioning.


Key Findings



  • As per the research findings, the HVAC market in the Middle East is expected to witness a relatively faster growth during the assessment period (2015-2027). Shipment of HVAC units has continued to grow in a number Middle Eastern countries including United Arab Emirates (UAE), Saudi Arabia and Qatar. 



  • The findings in the reports also suggest that demand for air conditioning systems is expected to remain robust Sub-Saharan region. This is mainly attributable to the extremely warm temperatures frequently recorded in this part of the world. Air conditioners remain an attractive product segment in the Middle East and Africa HVAC market.


Study Objectives



  • To provide a comprehensive breakdown of the market structure for heating, ventilation and air conditioning along with projection on furture growth prospects of various market segments and sub-segments.

  • To deliver information on the key macro and micro-economic factors influencing the market growth.

  • To provide analysis on product supply chain and product pricing using various triangulation methods.

  • To analyze data pertaining to market performance in recent past and revenue projections during the forecast period for the market segments and sub-segments covering four regions – Europe, North America, Asia Pacific (APAC) and Rest of the World (RoW).

  • To deliver cross-sectional country level examination of the market with regard to current market size and future potential

  • To deliver comprehensive analysis of the leading companies operating in the market, identifying their core competencies and determining the current competitive scenario in the market.

  • To deliver information on latest company developments such as strategic alliances, new product developments, R&D, joint ventures, mergers and acquisitions.


Competitive Dashboard


Some of the leading players profiled in this report include Zamil Air Conditioners, Daikin, Lennox International, Ingersoll Rand, Samsung Electronics, Siemens Building Technologies, Johnson Controls, Gree Electric Appliances Inc, Honeywell International, and Fujitsu General.


Global Heating Ventilation and Air Conditioning Market: Segmental Analysis


For the detailed analysis of the market, the report includes an examination of relevant market segments that are based on product type and application. On the basis of product type, the market has been segmented into central air conditioning, window or through the wall air conditioners, split residential air conditioners, and packaged air conditioners. On the basis of application, the market has been segmented into institutional, residential, commercial, hospitality and others.


Regional Analysis


Middle East and Africa (MEA) is expected to remain a highly lucrative market for HVAC units during the forecast period. The ongoing government efforts to bring up the infrastructure standards in the MEA countries is creating significant market opportunities. The region’s market is projected to exhibit an above-average CAGR during the review period. Meanwhile, Europe and North America are the other two regions that will remain important for HVAC manufacturers over the next couple of years. Change in climate and increased temperature levels in these regions owing to global warming has resulted in increased installation of HVAC units.


Regions Covered



  • Americas - North America (US and Canada) and Latin America

  • Europe(Western Europe, Germany, France, Italy, Spain, U.K, Rest of Western Europe, Eastern Europe)

  • Asia Pacific - Asia (China, India, Japan, South Korea, Rest of Asia) and the Pacific region

  • The Middle East& Africa



Frequently Asked Questions (FAQ) :


Commercial is the largest application segment in the global heating ventilation and air conditioning market.

Atmospheric change, global warming, frequent climatic fluctuations continued urbanization and growth of human population processes are major tailwinds pushing the growth of the global heating ventilation and air conditioning market.

Middle East and Africa (MEA) holds the largest share in the global heating ventilation and air conditioning market, followed by North America, Europe, and the Asia Pacific region, respectively.

Daikin, Zamil Air Conditioners, Johnson Controls, Lennox International, Samsung Electronics, Siemens Building Technologies, Ingersoll Rand, Honeywell International, Gree Electric Appliances Inc, and Fujitsu General, are some of the top players operating in the global heating ventilation and air conditioning market.

Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global Heating ventilation and air conditioning market adopt to gain a larger competitive advantage.

1 Report Prologue

2 Market Definition

2.1 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.2 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Forecast

3.5 Forecast Model

4 Forecast Indicators

4.1 Drivers

4.2 Restraints

4.3 Opportunity

4.4 Trends

4.5 Macroeconomic Indicators

5 Market Analysis

5.1 Value Chain/Supply Chain Analysis

5.2 Porters' Five Forces Analysis

5.3 Pricing Analysis In (2020-2027)

5.4 Historical Market Analysis (2010-2027)

6 HVAC Market Value & Volume Forecast (2020-2027) (USD $Million)

6.1 Introduction

6.2 HVAC Market (USD $Million) (2020-2027)

6.3 HVAC Market (USD $Million) (2020-2027)

6.4 HVAC Market Share Analysis By Price (2020-2027)

6.5 HVAC Market Units (2020-2027)

6.6 HVAC Market Units (2020-2027)

6.7 HVAC Market Cost Analysis (2020-2027)

6.8 HVAC Market Gross Margin Analysis (2020-2027)

7 HVAC Market, By Systems Market Value & Volume Forecast (2020-2027) (USD $Million)

7.1 Introduction

7.2 Temperature

7.2.1 HVAC Market By Temperature(USD $Million) (2020-2027)

7.2.2 HVAC Market By Temperature(USD $Million) (2020-2027)

7.3 Ventilation

7.3.1 HVAC Market By Ventilation (USD $Million) (2020-2027)

7.3.2 HVAC Market By Ventilation (USD $Million) (2020-2027)

7.4 Humidity

7.4.1 HVAC Market By Humidity (USD $Million) (2020-2027)

7.4.2 HVAC Market By Humidity (USD $Million) (2020-2027)

7.5 Integrated Controls

7.5.1 HVAC Market By Integrated Controls (USD $Million) (2020-2027)

7.5.2 HVAC Market By Integrated Controls (USD $Million) (2020-2027)

8 HVAC Market, By Components Market Value & Volume Forecast (2020-2027) (USD $Million)

8.1 Introduction

8.2 Sensors

8.2.1 HVAC Market For Sensors (USD $Million) (2020-2027)

8.2.2 HVAC Marketfor Sensors (USD $Million) (2020-2027)

8.3 Controllers & Controlled Devices

8.3.1 HVAC Market For Controllers & Controlled Devices (USD $Million) (2020-2027)

8.3.2 HVAC Market For Controllers & Controlled Devices (USD $Million) (2020-2027)

9 HVAC Market , By Applications Market Value & Volume Forecast (2020-2027) (USD $Million)

9.1 Introduction

9.2 Residential Buildings

9.2.1 HVAC Market For Residential Buildings (USD $Million) (2020-2027)

9.2.2 HVAC Market For Residential Buildings (USD $Million) (2020-2027)

9.3 Industrial Buildings

9.3.1 HVAC Market For Industrial Buildings (USD $Million) (2020-2027)

9.3.2 HVAC Market For Industrial Buildings (USD $Million) (2020-2027)

9.4 Commercial Buildings

9.4.1 HVAC Market For Commercial Buildings (USD $Million) (2020-2027)

9.4.2 HVAC Market For Commercial Buildings (USD $Million) (2020-2027)

10 HVAC Market, By Region Market Value & Volume Forecast (2020-2027) (USD $Million)

10.1 INTRODUCTION

10.2 Y-O-Y GROWTH PROJECTIONS BY Region

10.3 AMERICAS

10.3.1 NORTH AMERICA

10.3.1.1 US

10.3.1.2 CANADA

10.4 EUROPE

10.4.1 WESTERN EUROPE

10.4.1.1 GERMANY

10.4.1.2 FRANCE

10.4.1.3 ITALY

10.4.1.4 SPAIN

10.4.1.5 UK

10.4.1.6 REST OF WESTERN EUROPE

10.4.2 EASTERN EUROPE

10.4.2.1 POLAND

10.5 ASIA

10.5.1 CHINA

10.5.2 INDIA

10.5.3 JAPAN

10.5.4 REST OF ASIA

11 COMPANY LANDSCAPE

1.1 NTRODUCTION: KEY PLAYERS

11.2 COMMERCIAL PRODUCTION DATE OF KEY MANUFACTURERS

11.3 MARKET SHARE

NALYSIS

11.4 PRODUCT PICTURES

1.5 DISTRIBUTOR'S LIST

12 COMPANY PROFILE