Global Heating, Ventilation and Air Conditioning (HVAC) Market: Size, Trends & Forecasts (2020-2025) December 2019

Global Heating, Ventilation and Air Conditioning (HVAC) Market: Coverage Executive Summary and Scope Introduction/Market Overview

Global Market Analysis Regional Market Analysis Dynamics Competitive Landscape Company Profiling

Global Heating, Ventilation and Air Conditioning (HVAC) Market: Coverage Scope of the Report Attributes Title Coverage Regional Coverage Market Influencing Variables

Details Global Heating, Ventilation and Air Conditioning (HVAC) Market: Size, Trends & Forecasts (2020-2025) Global and Regional North America, Europe, Japan, China, Southeast Asia, India, ROW Growth Drivers, Challenges, Market Trends

Forecast Period of Market

2020-2025

Competition in the Market

Fragmented

Key Players

United Technologies Corporation (Carrier), Ingersoll-Rand plc (Trane Inc.), Johnson Controls International plc (York International), Daikin Industries Ltd. (Goodman Global, Inc.)

Global Heating, Ventilation and Air Conditioning (HVAC) Market Executive Summary

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. Residential HVAC equipment are used in houses, whereas commercial HVAC equipment are used in commercial buildings, such as office buildings, large retail stores, warehouses and other large buildings. HVAC equipment installed in the residential and commercial sectors are responsible for the same functions of heating, cooling and ventilation. But, there are few differences exist in the installation of HVAC systems in both the sectors. These differences are explained on the basis of structure, location, heating or cooling capacity, exhaust ventilation and maintenance cost. The residential HVAC market can be segmented on the basis of equipment (Split Systems, Furnaces and Indoor Components) and sub product types (Ducted and Ductless). The commercial HVAC equipment market can be segmented on the basis of sub product types (Ducted-Applied Systems, Ducted-Unitary and Ductless (VRF)). The global heating, ventilation and air conditioning (HVAC) market has increased at a significant CAGR during the years 2014-2019 and projections are made that the market would rise in the next five years i.e. 2020-2025 tremendously. The heating, ventilation and air conditioning (HVAC) market is expected to increase due to surging urban population, rising number of new housing units, growing replacement demand of HVAC systems, escalating demand for AC/heat pumps for new residential construction, etc. Yet the market faces some challenges such as uncertainty in the demand for HVAC systems due to climate change, high cost involved, etc.

Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Global Analysis Global HVAC Equipment Market by Value

US$ Billion

CAGRs

2014

2015

2016

2017

2018

2019

2014-2019

xx%

2020-2025

xx%

2025P

The global HVAC equipment market, valued at US$.... billion in 2019, increased as compared to US$... billion in 2018 at a CAGR of ….% from 2014 to 2019. The global HVAC equipment market is anticipated to reach up to US$... billion by 2025. The market is expected to witness lucrative growth and would grow at a CAGR of …% over the years 2020-2025.

Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Global Analysis Global HVAC Equipment Market by Region; 2019

China, xx% North America, xx% Japan, xx% Europe, xx% Southeast Asia, xx% India, xx% ROW, xx%

Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Global Analysis Global HVAC Equipment Market by Product Type; 2019

Product Type

Share

Residential

xx%

Commercial

xx%

Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Product Type Analysis Global Commercial HVAC Equipment Market by Value

US$ Billion

US$ Billion

Global Residential HVAC Equipment Market by Value

2014

2015

2016

2017

2018

2019

2025P

2014

Product Type

2015

CAGR 2014-2019

2020-2025

Residential

xx%

xx%

Commercial

xx%

xx%

2016

2017

2018

2019

2025P

Residential Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Global Analysis Global Residential HVAC Equipment Market by Sub Product Type; 2019

Sub Product Type

Share

Ducted

xx%

Ductless

xx%

Residential Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Sub Product Type Analysis Global Ductless Residential HVAC Equipment Market by Value US$ Billion

US$ Billion

Global Ducted Residential HVAC Equipment Market by Value

2014

2015

2016

2017

2018

2019

2025P

2014

Sub Product Type

2015

CAGR 2014-2019

2020-2025

Ducted

xx%

xx%

Ductless

xx%

xx%

2016

2017

2018

2019

2025P

Commercial Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Global Analysis Global Commercial HVAC Equipment Market by Sub Product Type; 2019

Sub Product Type

Share

Ducted-Applied Systems

xx%

Ductless (VRF)

xx%

Ducted-Unitary

xx%

Commercial Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Sub Product Type Analysis Global Ducted-Applied Systems Commercial HVAC Equipment Market by Value US$ Billion

US$ Billion

Global Ductless (VRF) Commercial HVAC Equipment Market by Value

2014

2015

2016

2017

2018

2019

2025P

US$ Billion

Global Ducted-Unitary Commercial HVAC Equipment Market by Value

2014

2015

2016

2017

2018

2019

2025P

2014

2015

2016

2017

Sub Product Type

2018

2019

CAGR 2014-2019

2020-2025

Ducted-Applied Systems

xx%

xx%

Ductless (VRF)

xx%

xx%

Ducted-Unitary

xx%

xx%

2025P

Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: Regional Analysis North America HVAC Equipment Market by Value US$ Billion

Region

2014

2015

2016

2017

2018

2019

2025P

US$ Billion

Europe HVAC Equipment Market by Value

2014

2015

2016

2017

2018

2019

2025P

CAGR 2014-2019

2020-2025

China

xx%

xx%

North America

xx%

xx%

Japan

xx%

xx%

Europe

xx%

xx%

Southeast Asia

xx%

xx%

India

xx%

xx%

ROW

xx%

xx%

North America Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis North America HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

Europe Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis Europe HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

Japan Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis Japan HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

China Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis China HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

Southeast Asia Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis Southeast Asia HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

India Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis India HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

ROW Heating, Ventilation and Air Conditioning (HVAC) Equipment Market: An Analysis ROW HVAC Equipment Market by Product Type; 2019

Product Type

Share

CAGRs

Residential

xx%

xx%

Commercial

xx%

xx%

Heating, Ventilation and Air Conditioning (HVAC) Market: Dynamics

Growth Driver •Rising Number of New Housing Units •Growing Replacement Demand of HVAC Systems

Challenges •Uncertainty in the Demand for HVAC Systems due to Climate Change •High Cost Involved

Market Trends •Emerging Trend of Smart Home •Growing Data Center

Heating, Ventilation and Air Conditioning (HVAC) Market: Competitive Landscape Players Profiled • United Technologies Corporation (Carrier) • Ingersoll-Rand plc (Trane Inc.) • Johnson Controls International plc (York International) • Daikin Industries, Ltd. (Goodman Global, Inc.) Note: The graphs on this slide are only for sample representation.