Market Research Report
Global HVAC Equipment Market 2021-2025
|Global HVAC Equipment Market 2021-2025|
Published: July 19, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the HVAC equipment market and it is poised to grow by $ 41.82 bn during 2021-2025, progressing at a CAGR of 6.15% during the forecast period. Our report on the HVAC equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing residential and commercial construction activities, cost advantages associated with renting HVAC equipment, and increase in demand for centralized HVAC systems. In addition, increasing residential and commercial construction activities is anticipated to boost the growth of the market as well.
The HVAC equipment market analysis includes product and end-user segments and geographic landscape.
Technavio's HVAC equipment market is segmented as below:
By Geographical Landscape
This study identifies the growing adoption of prefabricated construction solutions as one of the prime reasons driving the HVAC equipment market growth during the next few years. Also, the growing preference for customized HVAC systems and the advent of smart HVAC systems will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on HVAC equipment market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVAC equipment market vendors that include 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. Also, the HVAC equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.