The
global heat, ventilation and air-conditioning (HVAC) equipment market is
segmented into end-user such as residential and
commercial/industrial out of which, commercial/industrial segment dominated the
overall heat, ventilation and air-conditioning (HVAC) equipment market and is
envisioned to seize a considerable CAGR by 2021. Likely, robust expansion of commercial building along with rising
demand for innovative and advanced HAVC equipments is projected
to bolster the growth of global heat,
ventilation and air-conditioning (HVAC) equipment market. Furthermore, increasing
spending of the consumers on comfortable products is also envisioned to trigger
the growth of heat, ventilation and
air-conditioning (HVAC) equipment market in near future.
Global heat, ventilation and air-conditioning (HVAC) equipment market is
anticipated to showcase a robust CAGR of 4.4% during the forecast period i.e.
2015-2021. Additionally, increasing
construction of smart homes integrated with advanced features such as HAVC
systems is believed to supplement the growth of heat,
ventilation and air-conditioning (HVAC) equipment market. Moreover, the global heat, ventilation and air-conditioning (HVAC)
equipment market is projected to reach for USD 69.0 Billion by the end
of 2021.
The air-conditioning segment by
equipment type is projected to attain a notable CAGR over the forecast period.
In terms of regional platform, with 51.2% share in 2015, Asia-Pacific accounted
for the biggest market of heat,
ventilation and air-conditioning (HVAC) equipment by witnessing a noteworthy
CAGR during the forecast period. Moreover, strengthening GDP figures of
the emerging economies such as China and India have paved a positive wave for
the growth of commercial and industrial sector which is expected to bolster the
growth of heat, ventilation and
air-conditioning (HVAC) equipment market.
Growing Demand for Energy-Efficient
HVAC
Rising adoption of heat, ventilation and air-conditioning (HVAC)
equipment by dairy companies due to numerous factors such as to ensure
longevity, hygiene, and safety of the products. Likely, growing demand to
preserve dairy products is predicted to boost the growth of heat, ventilation
and air-conditioning (HVAC) equipment market.
Technological
Advancement
Integration of numerous
features into HAVC equipments for instance internet of things (IoT) and others
are gaining popularity among the consumers which is expected to bolster the
growth of heat, ventilation and
air-conditioning (HVAC) equipment market. Moreover, increasing installation of
advanced technologies into residential houses on the back of swelled disposable
income is also predicted to fuel the demand for heat, ventilation and
air-conditioning (HVAC) equipments.
On
the contrary, high cost associated with the HAVC system and high electricity
consumption are some of the factors hindering the growth of heat, ventilation
and air-conditioning (HVAC) equipment market across the globe.
The report titled “Heat, Ventilation and
Air-Conditioning (HVAC) Equipment Market: Global Demand Analysis
& Opportunity Outlook 2021” delivers
detailed overview of the global heat,
ventilation and air-conditioning (HVAC) equipment market in terms of
market segmentation by equipment type, by end-user and by region.
Further, for the in-depth
analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five
force model.
Request Free Table of Contents Here:
This report also provides the
existing competitive scenario of some of the key players of the global heat, ventilation and air-conditioning (HVAC)
equipment market which includes company profiling of Daikin Industries, Johnson
Controls, Ingersoll-Rand, AB Electrolux, Nortek, Samsung, Siemens, and L.G. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global heat, ventilation and air-conditioning (HVAC)
equipment market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the
future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/heat-ventilation-and-air-conditioning-hvac-equipment-market-global-demand-analysis-opportunity-outlook-2021/58
Contact for more Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
No comments:
Post a Comment