Market Size : Industrial Heating, Ventilation, and Air Conditioning Market Globally Grow at a CAGR of 4.12% by 2021
Industrial HVAC systems ensure high air quality in industrial establishments through ventilation and filtration, which lead to thermal balance. Heat exchangers, pumps, and fans used in these systems control and regulate humidity and temperature levels. The type of HVAC systems required depends on parameters such as heating and cooling, besides air quality of the outdoor or indoor environment in question.
Technavios analysts forecast the global industrial HVAC market to grow at a CAGR of 4.12% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial HVAC market for 2016-2020. The market size has been calculated by estimating the demand for industrial HVAC equipment from end-users in industry sectors such as manufacturing, food and beverages, pharmaceutical and biotechnology, and others.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial HVAC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Carrier
Daikin Industries
Ingersoll-Rand
Johnson Controls
LG Electronics
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Other prominent vendors
AB Electrolux
Bosch Thermotechnik
Fujitsu
GD Midea
Gree Electric Appliances
Haier
Hitachi
Lennox International
Nortek
Paloma Industries
Samsung
Market driver
Growth of dairy sector
For a full, detailed list, view our report
Market challenge
Slump in oil and gas industry
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Market trend
Advanced monitoring systems and intelligent technologies
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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