NEW
YORK, July 8, 2022 /PRNewswire/ -- The
end-to-end understanding of the value chain is essential in profit
margin optimization and evaluation of business strategies. The
value chain of HVAC Equipment Market includes –
Inputs, Inbound logistics, Operations, Outbound logistics,
Marketing and sales, Service, Support activities, and
Innovation. The HVAC equipment market is segmented by
Geography (APAC, Europe,
North America, MEA, and
South America). 53% of the
market's growth will originate from APAC during the
forecast period. China, US,
Japan, Germany, and UK are the key markets in
APAC. Market growth in this region will be faster than the
growth of the market in regions. Cost advantages associated
with renting HVAC equipment will facilitate the market growth
in APAC over the forecast period.
Visualize HVAC Equipment Market using
Technavio Intelligence. Browse Summary of the
Research Report to Learn More
The HVAC Equipment Market Share is expected to increase
by USD 41.82 billion from 2020 to
2025, with an accelerated CAGR of 6.15%- according to the
recent market study by Technavio. The report provides a detailed
analysis of drivers & opportunities, top winning strategies,
competitive scenario, future market trends, market size &
estimations, and major investment pockets.
Segmentation Analysis & Forecasts
The HVAC equipment market is segmented by Product (air
conditioning equipment, heating equipment, and ventilation
equipment) and End-user (non-residential and residential). The
market share growth by the air conditioning equipment
segment will be significant during the forecast
period. The market for air conditioning equipment is
expected to grow due to several factors, such as the rising
temperature and humidity levels across the globe. Moreover, the
increase in per capita income and growing preference for air
conditioning products will further escalate the segment growth for
the market in focus. The increase in the number of hotels,
hospitals, multiplexes, and auditoriums across the globe is another
major factor influencing the market growth.
For Further Insights on the Market
Contribution of Various Segments to Develop Business
Strategies. Request Sample Copy (Including Graphs
& Tables) of this Report
Latest Drivers & Challenges of the Market-
- HVAC Equipment Market Driver:
-
- Increasing residential and commercial construction
activities:
Infrastructural projects related to commercial and
residential buildings are increasing globally at a significant
rate, owing to population growth and regulatory support from
various government bodies for construction projects. As
the population increases, the need for residential and commercial
spaces will rise, which, in turn, will boost the number of
construction projects. The number of residential
and commercial buildings is rapidly increasing in developing
countries such as the UAE, Saudi
Arabia, India, and
China, which will propel the
demand for HVAC equipment.
- HVAC Equipment Market Challenge:
-
Vendors that offer HVAC equipment must comply with the
regulations framed by various government organizations and
independent agencies. These regulations are aimed at
ensuring that proper measures are taken while operating,
installing, and manufacturing HVAC equipment. The
ACCA standard focuses on the new installation requirements for HVAC
systems. As per this regulation, the correct design, proper
installation, and testing have a large impact on consumers'
satisfaction as well as on energy savings. This standard
details the level of performance, which ensures that sound industry
practices are followed during the design and installation phases of
an HVAC system. The design shall also consider the
effects of fire on HVAC systems. Compliance with such regulations
can increase the cost borne by the vendors, which, in turn, can
affect their profit margins. Non-compliance can lead to
penalties, including suspension of licenses, imprisonment, and an
order to cease future operations. This can further
impact revenue generation in the global HVAC equipment market
during the forecast period.
For Holistic Analysis of the Latest
Drivers, Trends, and Challenges to Deduce End Goals, Refine
Marketing Strategies, and Gain a Competitive Edge.
Download Sample Report
Vendor Insights-
The HVAC equipment market report offers information on several
market vendors, including Daikin Industries Ltd., Fujitsu Ltd.,
Haier Smart Home Co. Ltd., Ingersoll Rand Inc, Johnson Controls
International Plc, LG Electronics Inc., MIDEA GROUP, Nortek Inc.,
Robert Bosch GmbH, and Samsung Electronics Co. Ltd. among
others. Moreover, the market is fragmented and the
vendors are deploying growth strategies such as organic and
inorganic strategies to compete in the market. To make the
most of the opportunities and recover from post-COVID-19
impact, market vendors should focus more on the growth prospects in
the fast-growing segments, while maintaining their positions in the
slow-growing segments.
- Daikin Industries Ltd.- The company
offers various HVAC equipment which includes outdoor air processing
unit, heat reclaim ventilator and others.
- Fujitsu Ltd.- The company offers various
HVAC equipment which includes Split system, Multi Split system,
Airstage VRF and others.
- Haier Smart Home Co. Ltd.- The company
offers reliable, efficient and high quality solutions for air
conditioning under HVAC equipment.
For More Information on the Production,
Sustainability, and Prospects of the Leading
Companies. View Sample Report
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Report-
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HVAC Rental Equipment Market by End-user and Geography -
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available in our value chain analysis segment can help vendors
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HVAC Equipment
Market Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
6.15%
|
Market growth
2021-2025
|
$ 41.82
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
2.89
|
Regional
analysis
|
APAC, Europe, North
America, MEA, South America, APAC, Europe, North America, MEA, and
South America
|
Performing market
contribution
|
APAC at 53%
|
Key consumer
countries
|
China, US, Japan,
Germany, and UK
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
Daikin Industries Ltd.,
Fujitsu Ltd., Haier Smart Home Co. Ltd., Ingersoll Rand Inc,
Johnson Controls International Plc, LG Electronics Inc., MIDEA
GROUP, Nortek Inc., Robert Bosch GmbH, and Samsung Electronics Co.
Ltd.
|
Market
Dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID 19 impact and future consumer dynamics,
market condition analysis for forecast period,
|
Customization
preview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 01: Parent market
- 2.2 Market characteristics
-
- Exhibit 02: Market characteristics
- 2.3 Value chain analysis
-
- Exhibit 03: Value Chain Analysis : Electrical Components and
Equipment Market
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 04: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
-
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($
billion)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025
(%)
4 Five Forces Analysis
- 4.1 Five forces summary
-
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
-
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
-
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
-
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
-
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
-
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
-
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
-
- Exhibit 15: Product - Market share 2020-2025 (%)
- 5.2 Comparison by Product
-
- Exhibit 16: Comparison by Product
- 5.3 Air conditioning equipment - Market size and forecast
2020-2025
-
- Exhibit 17: Air conditioning equipment - Market size and
forecast 2020-2025 ($ billion)
- Exhibit 18: Air conditioning equipment - Year-over-year growth
2020-2025 (%)
- 5.4 Heating equipment - Market size and forecast
2020-2025
-
- Exhibit 19: Heating equipment - Market size and forecast
2020-2025 ($ billion)
- Exhibit 20: Heating equipment - Year-over-year growth 2020-2025
(%)
- 5.5 Ventilation equipment - Market size and forecast
2020-2025
-
- Exhibit 21: Ventilation equipment - Market size and forecast
2020-2025 ($ billion)
- Exhibit 22: Ventilation equipment - Year-over-year growth
2020-2025 (%)
- 5.6 Market opportunity by Product
-
- Exhibit 23: Market opportunity by Product
6 Market Segmentation by End-user
- 6.1 Market segments
-
- Exhibit 24: End-user - Market share 2020-2025 (%)
- 6.2 Comparison by End-user
-
- Exhibit 25: Comparison by End-user
- 6.3 Non-residential - Market size and forecast
2020-2025
-
- Exhibit 26: Non-residential - Market size and forecast
2020-2025 ($ billion)
- Exhibit 27: Non-residential - Year-over-year growth 2020-2025
(%)
- 6.4 Residential - Market size and forecast 2020-2025
-
- Exhibit 28: Residential - Market size and forecast 2020-2025 ($
billion)
- Exhibit 29: Residential - Year-over-year growth 2020-2025
(%)
- 6.5 Market opportunity by End-user
-
- Exhibit 30: Market opportunity by End-user
7 Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
-
- Exhibit 32: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
-
- Exhibit 33: Geographic comparison
- 8.3 APAC - Market size and forecast 2020-2025
-
- Exhibit 34: APAC - Market size and forecast 2020-2025 ($
billion)
- Exhibit 35: APAC - Year-over-year growth 2020-2025 (%)
- 8.4 Europe - Market size and
forecast 2020-2025
-
- Exhibit 36: Europe - Market
size and forecast 2020-2025 ($ billion)
- Exhibit 37: Europe -
Year-over-year growth 2020-2025 (%)
- 8.5 North America - Market
size and forecast 2020-2025
-
- Exhibit 38: North America -
Market size and forecast 2020-2025 ($ billion)
- Exhibit 39: North America -
Year-over-year growth 2020-2025 (%)
- 8.6 MEA - Market size and forecast 2020-2025
-
- Exhibit 40: MEA - Market size and forecast 2020-2025 ($
billion)
- Exhibit 41: MEA - Year-over-year growth 2020-2025 (%)
- 8.7 South America - Market
size and forecast 2020-2025
-
- Exhibit 42: South America -
Market size and forecast 2020-2025 ($ billion)
- Exhibit 43: South America -
Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
-
- Exhibit 44: Key leading countries
- 8.9 Market opportunity by geography
-
- Exhibit 45: Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
10 Vendor Landscape
- 10.2 Vendor landscape
-
- Exhibit 47: Vendor landscape
- 10.3 Landscape disruption
-
- Exhibit 48: Landscape disruption
- Exhibit 49: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
-
- Exhibit 50: Vendors covered
- 11.2 Market positioning of vendors
-
- Exhibit 51: Market positioning of vendors
- 11.3 Daikin Industries Ltd.
-
- Exhibit 52: Daikin Industries Ltd. - Overview
- Exhibit 53: Daikin Industries Ltd. - Business segments
- Exhibit 54: Daikin Industries Ltd. - Key news
- Exhibit 55: Daikin Industries Ltd. - Key offerings
- Exhibit 56: Daikin Industries Ltd. - Segment focus
- 11.4 Fujitsu Ltd.
-
- Exhibit 57: Fujitsu Ltd. - Overview
- Exhibit 58: Fujitsu Ltd. - Business segments
- Exhibit 59: Fujitsu Ltd. - Key news
- Exhibit 60: Fujitsu Ltd. - Key offerings
- Exhibit 61: Fujitsu Ltd. - Segment focus
- 11.5 Haier Smart Home Co. Ltd.
-
- Exhibit 62: Haier Smart Home Co. Ltd. - Overview
- Exhibit 63: Haier Smart Home Co. Ltd. - Business segments
- Exhibit 64: Haier Smart Home Co. Ltd. - Key news
- Exhibit 65: Haier Smart Home Co. Ltd. - Key offerings
- Exhibit 66: Haier Smart Home Co. Ltd. - Segment focus
- 11.6 Ingersoll Rand Inc
-
- Exhibit 67: Ingersoll Rand Inc - Overview
- Exhibit 68: Ingersoll Rand Inc - Business segments
- Exhibit 69: Ingersoll Rand Inc - Key offerings
- Exhibit 70: Ingersoll Rand Inc - Segment focus
- 11.7 Johnson Controls International Plc
-
- Exhibit 71: Johnson Controls International Plc - Overview
- Exhibit 72: Johnson Controls International Plc - Business
segments
- Exhibit 73: Johnson Controls International Plc - Key news
- Exhibit 74: Johnson Controls International Plc - Key
offerings
- Exhibit 75: Johnson Controls International Plc - Segment
focus
- 11.8 LG Electronics Inc.
-
- Exhibit 76: LG Electronics Inc. - Overview
- Exhibit 77: LG Electronics Inc. - Business segments
- Exhibit 78: Haier Smart Home Co. Ltd. - Key news
- Exhibit 79: LG Electronics Inc. - Key offerings
- Exhibit 80: LG Electronics Inc. - Segment focus
- 11.9 MIDEA GROUP
-
- Exhibit 81: MIDEA GROUP - Overview
- Exhibit 82: MIDEA GROUP - Business segments
- Exhibit 83: MIDEA GROUP - Key news
- Exhibit 84: MIDEA GROUP - Key offerings
- 11.10 Nortek Inc.
-
- Exhibit 85: Nortek Inc. - Overview
- Exhibit 86: Nortek Inc. - Business segments
- Exhibit 87: Nortek Inc. - Key offerings
- Exhibit 88: Nortek Inc. - Segment focus
- 11.11 Robert Bosch GmbH
-
- Exhibit 89: Robert Bosch GmbH - Overview
- Exhibit 90: Robert Bosch GmbH - Product and service
- Exhibit 91: Robert Bosch GmbH - Key news
- Exhibit 92: Robert Bosch GmbH - Key offerings
- Exhibit 93: Robert Bosch GmbH - Segment focus
- 11.12 Samsung Electronics Co. Ltd.
-
- Exhibit 94: Samsung Electronics Co. Ltd. - Overview
- Exhibit 95: Samsung Electronics Co. Ltd. - Business
segments
- Exhibit 96: Samsung Electronics Co. Ltd. - Key news
- Exhibit 97: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 98: Samsung Electronics Co. Ltd. - Segment focus
12 Appendix
- 12.2 Currency conversion rates for US$
-
- Exhibit 99: Currency conversion rates for US$
- 12.3 Research methodology
-
- Exhibit 100: Research Methodology
- Exhibit 101: Validation techniques employed for market
sizing
- Exhibit 102: Information sources
- 12.4 List of abbreviations
-
- Exhibit 103: List of abbreviations
About Us
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