Global Heating, Ventilation & Air Conditioning (HVAC) Market Report 2021: A US$202.92 Billion Market in 2025

DUBLIN, Aug 16, 2021 – (Small business WIRE) – The report “World Heating, Air flow and Air Conditioning (HVAC) Market place: Insights and Forecasts of Prospective Effect of COVID-19 (2021-2025)” has been included offer.

Global HVAC market place worth is projected to achieve $ 202.92 billion in 2025 and grow at a CAGR of 6.72% about the 2021-2025 time period.

Elements these types of as the growing globe population, growing construction action, the rising household automation industry, intensifying annual ordinary temperature, and mounting e-commerce retail sales are anticipated to travel marketplace growth. However, the development of the marketplace would be challenged by soaring commodity rates, escalating federal government restrictions, the stability of info infrastructure techniques, consolidation in retailing, and financial and political events.

Some notable trends contain the rising wise thermostat industry, increasing demand from customers for inverter air conditioning (AC) in China, technological innovations, and the adoption of sustainable developing principles

In 2020, the outbreak of the COVID-19 pandemic had a damaging effects on the current market as sales of professional HVAC items fell promptly.

The global heating, ventilation and air conditioning industry can be divided into two wide segments: Products and Aftermarket & Solutions. The unit segment is more divided into professional and private goods.

The fastest expanding regional market is the Asia Pacific area. Expansion would be supported by increasing design exercise, increasing yearly average temperatures and soaring infrastructure spending.

Scope of the report:

  • The report delivers a in depth examination of the world wide HVAC current market segmented into Products and Aftermarket & Products and services.

  • The main regional markets (Asia-Pacific and The usa) have been analyzed together with the nation coverage of the United states.

  • The market place dynamics these as expansion motorists, current market traits and difficulties are analyzed in element.

  • The aggressive landscape of the current market as well as the company profiles of leading players these types of as Daikin Industries, Ltd., Raytheon Technologies Company, Trane Systems Plc, Johnson Controls Global Plc, Lennox Worldwide Inc. and Honeywell International Inc. are also introduced in depth.

Key subject areas lined:

The tale goes on

1. Marketplace overview

1.1 Introduction

1.2 Styles of HVAC equipment

1.3 Elements of HVAC

1.4 HVAC benefit chain

2. Effects of COVID-19

2.1 Introduction

2.2 Influence of the heating marketplace

2.3 Impression on the AC Market

3. International HVAC Industry Examination

3.1 International HVAC Current market Value

3.2 International HVAC Marketplace Value Forecast

3.3 World HVAC Marketplace Value by Tools

3.4 International HVAC Market Worth by Style

3.5 World-wide HVAC Current market Value By Location

4. Regional HVAC Sector Analysis

5. Current market dynamics

5.1 Growth drivers

5.1.1 Growing environment populace

5.1.2 Raise development activity

5.1.3 Rising dwelling automation marketplace

5.1.4 Intensification of the yearly mean temperature

5.1.5 Escalate Ecommerce Retail Product sales

5.2 Essential trends and developments

5.2.1 Escalating current market for clever thermostats

5.2.2 Raising demand from customers for inverter air conditioning (AC) in China

5.2.3 Technological advances

5.2.4 Adoption of sustainable constructing concepts

5.3 Issues

5.3.1 Boost in uncooked substance rates

5.3.2 Developing govt rules

5.3.3 Method stability of the data infrastructure

5.3.4 Retail Consolidations

5.3.5 Financial and political activities

6. Competitive landscape

6.1 World wide HVAC Sector

6.2 HVAC sector in North The us

7. Corporation profiles

  • Daikin Industries, Ltd.

  • Economic overview

  • Honeywell Global Inc.

  • Johnson Controls Worldwide Plc

  • Lennox Global Inc.

  • Raytheon Technologies Corporation

  • Trane Systems Plc

Please stop by for far more facts on this report

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