Packaging Industry News

HVAC Equipment Market Share Worth US$160.1 bn by 2026

Press release   •   Sep 27, 2019 15:43 BST

The global HVAC equipment market is expected to clock a CAGR of 6.70% during 2019–2026. The global market will attain a worth of US$160.1 bn by the end of 2026.

The report analyzes and forecasts the HVAC equipment market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global HVAC equipment market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

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The study provides a decisive view of the HVAC equipment market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of HVAC equipment market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

Competitive Landscape

Carrier Corporation, AB Electrolux, Haier Ltd., Lennox International Inc., Panasonic Corporation, LG Corporation, Samsung Electronics, and Daikin Industries Ltd. are some of the notable companies currently operating in the global HVAC equipment market.

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The global HVAC equipment market is segmented based on:

Equipment Type

  • Heating
    • Heat Pumps
    • Furnaces
    • Unitary Heaters
    • Boilers
  • Air Conditioning
    • Room Air Conditioners
    • Unitary Air Conditioners
    • Coolers and Others
  • Ventilation
    • Ventilation Fans/Air Pumps
    • Humidifiers/Dehumidifiers

End-use Application

  • Residential
  • Commercial
  • Industrial

Geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Indian Subcontinent
    • Australasia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the global HVAC equipment market. The report analyzes this market by product, functionality, formulation, and region
  • Product Enhancement/Innovation: Detailed insights on the upcoming trends and product launches in the global HVAC equipment market
  • Market Development: Comprehensive information on the lucrative emerging markets by product, functionality, formulation, and region
  • Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global HVAC equipment market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of leading players in the global HVAC equipment market

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global HVAC equipment capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key HVAC equipment manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Content

Section 1 Preface
1.1 Report Scope
1.2 Market Segmentation
1.3 Research methodology

Section 2 Executive Summary
2.1 Global HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
2.2 Global HVAC Equipment Market Snapshot
2.2.1 Market Snapshot: Global HVAC Equipment Market (2013 and 2026)

Section 3 HVAC Equipment Market Analysis
3.1 Market overview
3.2 Key Trends Analysis
3.2.1 Market Trends
3.2.2 Future Outlook
3.3 Legal and Regulatory Standards
3.3.1 Montreal Protocol
3.3.2 Kyoto Protocol
3.3.3 LEED certification
3.3.4 SEER rating
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Stringent Government Regulations
3.4.1.2 Technological Developments To Meet Consumer Expectations
3.4.1.3 Climate Variations (Shift From Historical Records)
3.4.1.4 Commercial Segment and Asia-Pacific Region Driving The Growth
3.4.2 Restraints
3.4.2.1 Higher Consumption Of Energy
3.4.3 Opportunities
3.4.3.1 Development Of Energy Efficient Systems
3.4.3.2 Trend Of Smart Homes
3.4.3.3 Higher Market Penetration Aided By Green Technologies
3.4.4 Porter’s Five Forces Analysis
3.4.4.1 Bargaining Power Of Suppliers
3.4.4.2 Bargaining Power Of Buyers
3.4.4.3 Threat Of New Entrants
3.4.4.4 Threat Of Substitutes
3.4.4.5 Degree Of Competition
3.5 HVAC Equipment Market: Distribution Channel Analysis
3.6 Global HVAC Equipment Market, by Equipment Type, 2013 and 2026 (%)
3.6.1 Heating equipment
3.6.1.1 Global Heating Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.1.2 Global Heat Pumps Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.1.3 Global Furnaces Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.1.4 Global Unitary Heaters Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.1.5 Global Boilers Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.2 Air Conditioning Equipment
3.6.2.1 Global Air Conditioning Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.2.2 Global Room Air Conditioners Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.2.3 Global Unitary Air Conditioners Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.2.4 Global Other Cooling Equipment (Coolers) Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.3 Ventilation equipment
3.6.3.1 Global Ventilation Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.3.2 Global Ventilation Fans Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.6.3.3 Global Humidifiers/Dehumidifiers Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.7 Global HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
3.7.1 Global Residential HVAC Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.7.2 Global Industrial HVAC Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.7.3 Global Commercial HVAC Equipment Market Size and Forecast, 2016 – 2026 (US$ Bn)
3.8 Competitive landscape
3.8.1 Summary
3.8.2 Market Share Analysis of Top 5 Players Manufacturing HVAC Equipment
3.8.3 Market Share Analysis of Top 5 Players Manufacturing Heat Pumps
3.8.4 Market Share Analysis of Top 5 Players Manufacturing Furnaces
3.8.5 Market Share Analysis of Top 5 Players Manufacturing Unitary Heaters
3.8.6 Market Share Analysis of Top 5 Players Manufacturing Boilers
3.8.7 Market Share Analysis of Top 5 Players Manufacturing Humidifiers/Dehumidifiers
3.8.8 Market Share Analysis of Top 5 Players Manufacturing Room Air Conditioners
3.8.9 Market Share Analysis of Top 5 Players Manufacturing Unitary Air Conditioners
3.8.10 Market Share Analysis of Top 5 Players Manufacturing Ventilation Fans
3.8.11 Market Share Analysis of Top 5 Players Manufacturing Coolers

Section 4 North America HVAC Equipment Market Analysis, 2016 – 2026 (US$ Bn)
4.1 Overview
4.1.1 North America HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
4.2 North America HVAC Equipment Market, By Equipment Type, 2016 - 2026 (%)
4.2.1 North America HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2016 – 2026 (US$ Bn)
4.2.2 Heating Equipment
4.2.2.1 North America HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2016 – 2026 (US$ Bn)
4.2.3 Air Conditioning Equipment
4.2.3.1 North America HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2016 – 2026 (US$ Bn)
4.2.4 Ventilation equipment
4.2.4.1 North America HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2016 – 2026 (US$ Bn)
4.3 North America HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
4.3.1 North America HVAC Equipment Market Revenue and Forecast, by End-use Application, 2016 – 2026 (US$ Bn)
4.4 North America HVAC Equipment Market, By Country, 2016 - 2026 (%)
4.4.1 North America HVAC Equipment Market Revenue and Forecast, by Country, 2016 – 2026 (US$ Bn)

Section 5 Europe HVAC Equipment Market Analysis, 2016 – 2026 (US$ Bn)
5.1 Overview
5.1.1 Europe HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
5.2 Europe HVAC Equipment Market, By Equipment Type, 2016 - 2026 (%)
5.2.1 Europe HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2016 – 2026 (US$ Bn)
5.2.2 Heating Equipment
5.2.2.1 Europe HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2016 – 2026 (US$ Bn)
5.2.3 Air Conditioning Equipment
5.2.3.1 Europe HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2016 – 2026 (US$ Bn)
5.2.4 Ventilation equipment
5.2.4.1 Europe HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2016 – 2026 (US$ Bn)
5.3 Europe HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
5.3.1 Europe HVAC Equipment Market Revenue and Forecast, by End-use Application, 2016 – 2026 (US$ Bn)
5.4 Europe HVAC Equipment Market, By Country, 2016 - 2026 (%)
5.4.1 Europe HVAC Equipment Market Revenue and Forecast, by Country, 2016 – 2026 (US$ Bn)

Section 6 Asia Pacific HVAC Equipment Market Analysis, 2016 – 2026 (US$ Bn)
6.1 Overview
6.1.1 Asia Pacific HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
6.2 Asia Pacific HVAC Equipment Market, By Equipment Type, 2016 - 2026 (%)
6.2.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2016 – 2026 (US$ Bn)
6.2.2 Heating Equipment
6.2.2.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2016 – 2026 (US$ Bn)
6.2.3 Air Conditioning Equipment
6.2.3.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2016 – 2026 (US$ Bn)
6.2.4 Ventilation equipment
6.2.4.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2016 – 2026 (US$ Bn)
6.3 Asia Pacific HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
6.3.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by End-use Application, 2016 – 2026 (US$ Bn)
6.4 Asia Pacific HVAC Equipment Market, By Country, 2016 - 2026 (%)
6.4.1 Asia Pacific HVAC Equipment Market Revenue and Forecast, by Country, 2016 – 2026 (US$ Bn)

Section 7 Middle East and Africa HVAC Equipment Market Analysis, 2016 – 2026 (US$ Bn)
7.1 Overview
7.1.1 Middle East and Africa HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
7.2 Middle East and Africa HVAC Equipment Market, By Equipment Type, 2016 - 2026 (%)
7.2.1 Middle East and Africa HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2016 – 2026 (US$ Bn)
7.2.2 Heating Equipment
7.2.2.1 Middle East and Africa HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2016 – 2026 (US$ Bn)
7.2.3 Air Conditioning Equipment
7.2.3.1 Middle East and Africa HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2016 – 2026 (US$ Bn)
7.2.4 Ventilation equipment
7.2.4.1 Middle East and Africa HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2016 – 2026 (US$ Bn)
7.3 Middle East and Africa HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
7.3.1 Middle East and Africa HVAC Equipment Market Revenue and Forecast, by End-use Application, 2016 – 2026 (US$ Bn)
7.4 Middle East and Africa (MEA) HVAC Equipment Market, By Country, 2016 - 2026 (%)
7.4.1 Middle East and Africa (MEA) HVAC Equipment Market Revenue and Forecast, by Country, 2016 – 2026 (US$ Bn)

Section 8 Latin America HVAC Equipment Market Analysis, 2016 – 2026 (US$ Bn)
8.1 Overview
8.1.1 Latin America HVAC Equipment Market Revenue, 2016 – 2026 (US$ Bn) and Year-on-Year Growth (%)
8.2 Latin America HVAC Equipment Market, By Equipment Type, 2016 - 2026 (%)
8.2.1 Latin America HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2016 – 2026 (US$ Bn)
8.2.2 Heating Equipment
8.2.2.1 Latin America HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2016 – 2026 (US$ Bn)
8.2.3 Air Conditioning Equipment
8.2.3.1 Latin America HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2016 – 2026 (US$ Bn)
8.2.4 Ventilation equipment
8.2.4.1 Latin America HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2016 – 2026 (US$ Bn)
8.3 Latin America HVAC Equipment Market, By End-use Application, 2016 - 2026 (%)
8.3.1 Latin America HVAC Equipment Market Revenue and Forecast, by End-use Application, 2016 – 2026 (US$ Bn)
8.4 Latin America HVAC Equipment Market, By Country, 2016 - 2026 (%)
8.4.1 Latin America HVAC Equipment Market Revenue and Forecast, by Country, 2016 – 2026 (US$ Bn)

Section 9 Company Profiles
9.1 United Technologies Corporation (Carrier)
9.2 Daikin Industries. Ltd.
9.3 Haier Inc.
9.4 Samsung Electronics
9.5 Panasonic Corporation
9.6 Lennox International Inc.
9.7 AB Electrolux
9.8 LG Corporation

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