HVAC Equipment Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022
Heating, Ventilation, and Air Conditioning (HVAC) equipment implement heating or cooling for residential, industrial or commercial buildings. The HVAC systems also provide fresh outdoor air to remove interior airborne contaminants such as volatile organic compounds and odors emitted from interior furnishings or various cleaning chemicals among others. The HVAC equipment are anticipated to penetrate into both residential and commercial market segments in the coming years. The industrial segment is another key segment that is expected to witness moderate growth over the forecast period. The demand for air conditioning equipment was the largest globally and thus, this segment dominated the HVAC equipment market in 2013.
Key factors driving the global HVAC equipment market include rising urbanization, increase in new households and average construction spending, and rise in disposable income. Another key driver of this market is the growing demand from commercial segment and high growth and demand for HVAC products in the Asia Pacific region. However, a major factor restraining the growth of HVAC equipment market is high energy consumption of HVAC equipment. The market opportunities in the coming years are related to the growing trend of smart homes, development of energy efficient systems and adoption of green technologies by HVAC equipment manufacturers. Energy efficiency is thus one of the key concerns that global manufactures are focusing on. A large number of players such as Daikin, Carrier and Lennox have already started launching energy efficient HVAC products.
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The global HVAC Equipment market is segmented by equipment type, end-use application and geography. The market by equipment type is segmented into heating, air conditioning and ventilation. The heating equipment further studied include heat pumps, furnaces, unitary heaters and boilers whereas the air conditioning equipment include room air conditioners, unitary air conditioners and, coolers and others. The ventilation systems are further segmented into ventilation fans/air pumps and humidifiers/dehumidifiers. The market by end-use application is segmented into residential, commercial and industrial sector. The market size and forecasts in terms of revenue (US$ Bn) for each of these segments have been provided for the period 2012 to 2022, considering 2012 and 2013 as the base years. The report also provides compounded annual growth rate (CAGR) for each segment of the market for the forecast period from 2014 to 2022. Geographically, the HVAC Equipment market has been segmented into five regions, namely, North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and Latin America.
The report includes market dynamics, porters five force analysis, legal and regulatory standards for HVAC equipment market. The report also includes analysis of key participants in the HVAC equipment along with their role in the ecosystem. The market share for different equipment types such as heat pumps, furnaces etc. have also been included in the report. We have included future trends that will impact the demand. The study provides market estimation in terms of revenue and forecast for the period 2012 to 2022.
Some of the key manufacturers of HVAC equipment include Daikin Industries Ltd., Carrier Corporation, Haier Ltd., Samsung Electronics, Panasonic Corporation, Lennox International Inc., AB Electrolux and LG Corporation among others.
This report analyzes the global HVAC Equipment market in terms of revenue (US$ Bn). The market has been segmented as follows:
HVAC Equipment Market, by 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
HVAC Equipment Market, by End-use Application:
Residential
Commercial
Industrial
HVAC Equipment Market, by 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
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Table Of Content
Chapter 1 Preface
1.1 Report Scope
1.2 Market Segmentation
1.3 Research methodology
Chapter 2 Executive Summary
2.1 Global HVAC Equipment Market Revenue, 2012 – 2022 (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 2022)
Chapter 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 2022 (%)
3.6.1 Heating equipment
3.6.1.1 Global Heating Equipment Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.1.2 Global Heat Pumps Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.1.3 Global Furnaces Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.1.4 Global Unitary Heaters Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.1.5 Global Boilers Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.2 Air Conditioning Equipment
3.6.2.1 Global Air Conditioning Equipment Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.2.2 Global Room Air Conditioners Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.2.3 Global Unitary Air Conditioners Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.2.4 Global Other Cooling Equipment (Coolers) Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.3 Ventilation equipment
3.6.3.1 Global Ventilation Equipment Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.3.2 Global Ventilation Fans Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.6.3.3 Global Humidifiers/Dehumidifiers Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.7 Global HVAC Equipment Market, By End-use Application, 2012 - 2022 (%)
3.7.1 Global Residential HVAC Equipment Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.7.2 Global Industrial HVAC Equipment Market Size and Forecast, 2012 – 2022 (US$ Bn)
3.7.3 Global Commercial HVAC Equipment Market Size and Forecast, 2012 – 2022 (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
Chapter 4 North America HVAC Equipment Market Analysis, 2012 – 2022 (US$ Bn)
4.1 Overview
4.1.1 North America HVAC Equipment Market Revenue, 2012 – 2022 (US$ Bn) and Year-on-Year Growth (%)
4.2 North America HVAC Equipment Market, By Equipment Type, 2012 - 2022 (%)
4.2.1 North America HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2012 – 2022 (US$ Bn)
4.2.2 Heating Equipment
4.2.2.1 North America HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2012 – 2022 (US$ Bn)
4.2.3 Air Conditioning Equipment
4.2.3.1 North America HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2012 – 2022 (US$ Bn)
4.2.4 Ventilation equipment
4.2.4.1 North America HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2012 – 2022 (US$ Bn)
4.3 North America HVAC Equipment Market, By End-use Application, 2012 - 2022 (%)
4.3.1 North America HVAC Equipment Market Revenue and Forecast, by End-use Application, 2012 – 2022 (US$ Bn)
4.4 North America HVAC Equipment Market, By Country, 2012 - 2022 (%)
4.4.1 North America HVAC Equipment Market Revenue and Forecast, by Country, 2012 – 2022 (US$ Bn)
Chapter 5 Europe HVAC Equipment Market Analysis, 2012 – 2022 (US$ Bn)
5.1 Overview
5.1.1 Europe HVAC Equipment Market Revenue, 2012 – 2022 (US$ Bn) and Year-on-Year Growth (%)
5.2 Europe HVAC Equipment Market, By Equipment Type, 2012 - 2022 (%)
5.2.1 Europe HVAC Equipment Market Revenue and Forecast, by Equipment Type, 2012 – 2022 (US$ Bn)
5.2.2 Heating Equipment
5.2.2.1 Europe HVAC Equipment Market Revenue and Forecast, by Heating Equipment, 2012 – 2022 (US$ Bn)
5.2.3 Air Conditioning Equipment
5.2.3.1 Europe HVAC Equipment Market Revenue and Forecast, by Air Conditioning Equipment, 2012 – 2022 (US$ Bn)
5.2.4 Ventilation equipment
5.2.4.1 Europe HVAC Equipment Market Revenue and Forecast, by Ventilation Equipment, 2012 – 2022 (US$ Bn)
5.3 Europe HVAC Equipment Market, By End-use Application, 2012 - 2022 (%)
5.3.1 Europe HVAC Equipment Market Revenue and Forecast, by End-use Application, 2012 – 2022 (US$ Bn)
5.4 Europe HVAC Equipment Market, By Country, 2012 - 2022 (%)
5.4.1 Europe HVAC Equipment Market Revenue and Forecast, by Country, 2012 – 2022 (US$ Bn)
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