Global Heating, Ventilation and Air Conditioning (HVAC) Market: Trends and Forecasts (2020-2025)
The report also provides a detailed regional analysis of the HVAC equipment market, including the following regions: North America, Europe, Japan, China, Southeast Asia, India and ROW.
By: Daedal Research
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global heating, ventilation and air conditioning (HVAC) market has also been forecasted for the year 2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global heating, ventilation and air conditioning (HVAC) market is highly fragmented with many market players operating worldwide. Some heating, ventilation and air conditioning (HVAC) market players operate on a local level while other players operate on a regional and global level. The manufacturers of HVAC produce different types of HVAC equipment for different purpose and applications.
However, the competition in the global heating, ventilation and air conditioning (HVAC) market is dominated by few HVAC market players. Further, key players of the heating, ventilation and air conditioning (HVAC) market are United Technologies Corporation (Carrier), Ingersoll-Rand plc (Trane Inc.), Johnson Controls International plc (York International)
1. North America
5. Southeast Asia
1. United Technologies Corporation (Carrier)
2. Ingersoll-Rand plc (Trane Inc.)
3. Johnson Controls International plc (York International)
4. Daikin Industries Ltd. (Goodman Global, Inc.)
Residential HVAC Equipment
Commercial HVAC Equipment
1. Ducted-Applied Systems
3. Ductless (VRF)
HVAC stands for Heating, Ventilation and Air-conditioning. HVAC refers to the different systems used for moving air between indoor and outdoor areas, along with providing acceptable indoor air quality. These systems are also used to provide thermal comfort and maintain humidity at the optimum level.
HVAC equipment are placed in buildings to achieve heating, ventilation and cooling. HVAC equipment can be broadly categorized into two product types: Residential HVAC and Commercial HVAC.
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