Hvac Equipment Market
PUBLISHED: 2019 ID: SMRC18122
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Hvac Equipment Market

Heating, Ventilation, and Air Conditioning (HVAC) equipment - Global Market Outlook (2017-2026)

4.5 (78 reviews)
4.5 (78 reviews)
Published: 2019 ID: SMRC18122

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Heating, Ventilation, and Air Conditioning Equipment market is accounted for $156.30 billion in 2017 and is expected to reach $325.93 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Cutting edge technology to meet consumer perceived value and climate variations are some factors impacting the market growth. However, high expenditure of energy is hindering the market growth.

HVAC (Air Conditioning, Ventilation and Heating) equipment are used across residential, industrial, and commercial buildings to control air temperature, fresh air intake, humidity and quality of the air around. In modern structures, HVAC frameworks assume a vital job in keeping up a perfect situation by expelling smell and sullied particles present noticeable all around, in this manner keeping the working conditions solid.

Amongst Cooling Equipment, cooling tower segment accounted for significant market share due to warmth dismissal gadget that rejects squander warmth to the climate through the cooling of a water stream to a lower temperature.

By geography, Asia Pacific is expected to dominate the market during the estimated period owing to highly impacted by expanding development use and rising industrialization.

Some of the key players in the market include Honeywell International Inc., Uponor Corp, Danfoss AS, Carrier Corporation, Emerson Electric Company, LG Corporation, Electrolux AB, Lennox International Inc, Panasonic Corporation, Samsung Electronics, Haier Inc., Daikin Industries Ltd. and  United Technologies Corporation.

Heating Equipments Covered:
• Heat Pumps
• Boilers
• Furnace
• Unitary Heaters
• Space Heaters
• Other Heating Equipments

Cooling Equipments Covered:
• Chillers
• Coolers
• Air Conditioning Equipment
• Cooling Towers
• Other Cooling Equipments

Ventilation equipments Covered:
• Ventilation Fans
• Air filters
• Air Purifiers
• Dehumidifiers
• Humidifiers
• Air Filtration
• Air Purifiers
• Draft Inducers
• Duct Fans

Components Covered:
• Coils
• Transducers
• Actuators
• Radiators
• Condenser
• Compressor
• Other Components

End Users Covered:
• Commercial
• Industrial
• Residential
• Automotive
• Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
• Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary  
    
2 Preface   
 2.1 Abstract  
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 End User Analysis  
 3.7 Emerging Markets 
 3.8 Futuristic Market Scenario
    
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Heating, Ventilation, and Air Conditioning Equipment Market, By Heating Equipment
 5.1 Introduction 
 5.2 Heat Pumps 
  5.2.1 Water-To-Water Heat Pumps
  5.2.2 Air-To-Air Heat Pumps
  5.2.3 Air-To-Water Heat Pumps
  5.2.4 Other Heat Pumps
 5.3 Boilers  
  5.3.1 Hot Water Boilers
  5.3.2 Steam Boilers
  5.3.3 Oil Condensing Boilers
  5.3.4 Gas Condensing Boilers
  5.3.5 Other Boilers
 5.4 Furnace  
  5.4.1 Electric Furnaces
  5.4.2 Gas Furnaces
  5.4.3 Oil Furnaces
  5.4.4 Other Furnaces
 5.5 Unitary Heaters 
  5.5.1 Oil-Fired Unit Heaters
  5.5.2 Electric Unit Heaters
  5.5.3 Gas Unit Heaters
 5.6 Space Heaters 
 5.7 Other Heating Equipments
    
6 Global Heating, Ventilation, and Air Conditioning Equipment Market, By Cooling Equipment
 6.1 Introduction 
 6.2 Chillers  
  6.2.1 Water cooled chillers
  6.2.2 Screw chillers
  6.2.3 Absorption chillers
  6.2.4 Centrifugal chillers
 6.3 Coolers  
  6.3.1 Window coolers
  6.3.2 Ducted coolers
 6.4 Air Conditioning Equipment
  6.4.1 Room AC  
  6.4.2 Central AC
  6.4.3 Window Air Conditioners
  6.4.4 Split Air Conditioners
 6.5 Cooling Towers 
  6.5.1 Hybrid Cooling Towers
  6.5.2 Evaporative Cooling Towers
  6.5.3 Other Cooling Towers
 6.6 Other Cooling Equipments
    
7 Global Heating, Ventilation, and Air Conditioning Equipment Market, By Ventilation equipment
 7.1 Introduction 
 7.2 Ventilation Fans 
  7.2.1 Power Roof Fans
  7.2.2 Centrifugal Fans
  7.2.3 Cross Flow Fans
  7.2.4 Other Ventilation Fans
 7.3 Air filters  
 7.4 Air Purifiers 
  7.4.1 Activated carbon Air Purifiers
  7.4.2 Ionic Air Purifiers
  7.4.3 Electrostatic Air Purifiers
  7.4.4 Other Air Purifiers
 7.5 Dehumidifiers 
  7.5.1 Absorption Dehumidifiers
  7.5.2 Refrigeration Dehumidifiers
 7.6 Humidifiers 
  7.6.1 Warm-Mist Humidifiers
  7.6.2 Cool-Mist Humidifiers
   7.6.2.1 Impellers
   7.6.2.2 Ultrasonic Humidifiers
   7.6.2.3 Other Humidifiers
 7.7 Air Filtration 
 7.8 Air Purifiers 
 7.9 Draft Inducers 
 7.10 Duct Fans  
    
8 Global Heating, Ventilation, and Air Conditioning Equipment Market, By Component
 8.1 Introduction 
 8.2 Coils  
 8.3 Transducers 
 8.4 Actuators  
 8.5 Radiators  
 8.6 Condenser 
 8.7 Compressor 
 8.8 Other Component 
    
9 Global Heating, Ventilation, and Air Conditioning Equipment Market, By End User
 9.1 Introduction 
 9.2 Commercial 
  9.2.1 Office 
  9.2.2 Hospitality
  9.2.3 Educational and Government Institutions
  9.2.4 Healthcare
  9.2.5 Retail 
  9.2.6 Other Commercials
 9.3 Industrial  
 9.4 Residential 
 9.5 Automotive 
 9.6 Other End Users 
    
10 Global Heating, Ventilation, and Air Conditioning Equipment Market, By Geography
 10.1 Introduction 
 10.2 North America 
  10.2.1 US 
  10.2.2 Canada 
  10.2.3 Mexico 
 10.3 Europe  
  10.3.1 Germany 
  10.3.2 UK 
  10.3.3 Italy 
  10.3.4 France 
  10.3.5 Spain 
  10.3.6 Rest of Europe
 10.4 Asia Pacific 
  10.4.1 Japan 
  10.4.2 China 
  10.4.3 India 
  10.4.4 Australia 
  10.4.5 New Zealand
  10.4.6 South Korea
  10.4.7 Rest of Asia Pacific
 10.5 South America 
  10.5.1 Argentina
  10.5.2 Brazil 
  10.5.3 Chile 
  10.5.4 Rest of South America
 10.6 Middle East & Africa
  10.6.1 Saudi Arabia
  10.6.2 UAE 
  10.6.3 Qatar 
  10.6.4 South Africa
  10.6.5 Rest of Middle East & Africa
    
11 Key Developments  
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers
 11.3 New Product Launch
 11.4 Expansions 
 11.5 Other Key Strategies
    
12 Company Profiling  
 12.1 Honeywell International Inc.
 12.2 Uponor Corp 
 12.3 Danfoss AS 
 12.4 Carrier Corporation 
 12.5 Emerson Electric Company
 12.6 LG Corporation 
 12.7 Electrolux AB 
 12.8 Lennox International Inc
 12.9 Panasonic Corporation
 12.10 Samsung Electronics
 12.11 Haier Inc.  
 12.12 Daikin Industries Ltd.
 12.13 United Technologies Corporation (Carrier)


List of Tables   
1 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Region (2016-2026) (US $MN)
2 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Heating Equipment (2016-2026) (US $MN)
3 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Heat Pumps (2016-2026) (US $MN)
4 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Water-To-Water Heat Pumps (2016-2026) (US $MN)
5 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air-To-Air Heat Pumps (2016-2026) (US $MN)
6 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air-To-Water Heat Pumps (2016-2026) (US $MN)
7 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Heat Pumps (2016-2026) (US $MN)
8 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Heating Equipment (2016-2026) (US $MN)
9 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Boilers (2016-2026) (US $MN)
10 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Hot Water Boilers (2016-2026) (US $MN)
11 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Steam Boilers (2016-2026) (US $MN)
12 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Oil Condensing Boilers (2016-2026) (US $MN)
13 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Gas Condensing Boilers (2016-2026) (US $MN)
14 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Boilers (2016-2026) (US $MN)
15 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Furnace (2016-2026) (US $MN)
16 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Electric Furnaces (2016-2026) (US $MN)
17 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Gas Furnaces (2016-2026) (US $MN)
18 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Oil Furnaces (2016-2026) (US $MN)
19 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Furnaces (2016-2026) (US $MN)
20 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Unitary Heaters (2016-2026) (US $MN)
21 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Oil-Fired Unit Heaters (2016-2026) (US $MN)
22 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Electric Unit Heaters (2016-2026) (US $MN)
23 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Gas Unit Heaters (2016-2026) (US $MN)
24 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Space Heaters (2016-2026) (US $MN)
25 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Heating Equipments (2016-2026) (US $MN)
26 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Cooling Equipment (2016-2026) (US $MN)
27 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Chillers (2016-2026) (US $MN)
28 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Water Cooled Chillers (2016-2026) (US $MN)
29 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Screw Chillers (2016-2026) (US $MN)
30 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Absorption Chillers (2016-2026) (US $MN)
31 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Centrifugal Chillers (2016-2026) (US $MN)
32 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Coolers (2016-2026) (US $MN)
33 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Window Coolers (2016-2026) (US $MN)
34 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Ducted Coolers (2016-2026) (US $MN)
35 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air Conditioning Equipment (2016-2026) (US $MN)
36 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Room Ac  (2016-2026) (US $MN)
37 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Central Ac (2016-2026) (US $MN)
38 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Window Air Conditioners (2016-2026) (US $MN)
39 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Split Air Conditioners (2016-2026) (US $MN)
40 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Cooling Towers (2016-2026) (US $MN)
41 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Hybrid Cooling Towers (2016-2026) (US $MN)
42 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Evaporative Cooling Towers (2016-2026) (US $MN)
43 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Cooling Towers (2016-2026) (US $MN)
44 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Cooling Equipments (2016-2026) (US $MN)
45 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Ventilation Equipment (2016-2026) (US $MN)
46 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Ventilation Fans (2016-2026) (US $MN)
47 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Power Roof Fans (2016-2026) (US $MN)
48 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Centrifugal Fans (2016-2026) (US $MN)
49 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Cross Flow Fans (2016-2026) (US $MN)
50 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Ventilation Fans (2016-2026) (US $MN)
51 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air Filters (2016-2026) (US $MN)
52 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air Purifiers (2016-2026) (US $MN)
53 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Activated Carbon Air Purifiers (2016-2026) (US $MN)
54 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Ionic Air Purifiers (2016-2026) (US $MN)
55 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Electrostatic Air Purifiers (2016-2026) (US $MN)
56 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Air Purifiers (2016-2026) (US $MN)
57 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Dehumidifiers (2016-2026) (US $MN)
58 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Absorption Dehumidifiers (2016-2026) (US $MN)
59 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Refrigeration Dehumidifiers (2016-2026) (US $MN)
60 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Humidifiers (2016-2026) (US $MN)
61 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Warm-Mist Humidifiers (2016-2026) (US $MN)
62 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Cool-Mist Humidifiers (2016-2026) (US $MN)
63 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air Filtration (2016-2026) (US $MN)
64 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Air Purifiers (2016-2026) (US $MN)
65 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Draft Inducers (2016-2026) (US $MN)
66 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Duct Fans (2016-2026) (US $MN)
67 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Component (2016-2026) (US $MN)
68 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Coils (2016-2026) (US $MN)
69 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Transducers (2016-2026) (US $MN)
70 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Actuators (2016-2026) (US $MN)
71 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Radiators (2016-2026) (US $MN)
72 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Condenser (2016-2026) (US $MN)
73 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Compressor (2016-2026) (US $MN)
74 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Component (2016-2026) (US $MN)
75 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By End User (2016-2026) (US $MN)
76 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Commercial (2016-2026) (US $MN)
77 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Office (2016-2026) (US $MN)
78 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Hospitality (2016-2026) (US $MN)
79 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Educational And Government Institutions (2016-2026) (US $MN)
80 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Healthcare (2016-2026) (US $MN)
81 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Retail (2016-2026) (US $MN)
82 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other Commercials (2016-2026) (US $MN)
83 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Industrial (2016-2026) (US $MN)
84 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Residential (2016-2026) (US $MN)
85 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Automotive (2016-2026) (US $MN)
86 Global Heating, Ventilation, and Air Conditioning Equipment Market Outlook, By Other End Users (2016-2026) (US $MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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