Report cover image

South Africa HVAC Market

Publisher BlueWeave Consulting
Published Aug 07, 2023
Length 200 Pages
SKU # BLWC18132154

Description

South Africa HVAC Market, By Offering (Equipment, Service); By Implementation Type (New Constructions, Retrofits); By End User (Residential, Commercial, Industrial), Trend Analysis, Competitive Landscape & Forecast, 2019–2029


South Africa HVAC Market Size Set to Reach USD 1.43 Billion by 2029

South Africa HVAC market is gaining traction because of the rising demand for energy-efficient HVAC systems and integration of smart HVAC systems.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the South Africa HVAC market size at USD 1.05 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the South Africa HVAC market size to grow at a CAGR of 5.28% reaching a value of USD 1.43 billion by 2029. The undeveloped state of the South Africa HVAC market in comparison to other nations presents opportunities for HVAC system penetration. The South African HVAC market is also predicted to be driven throughout the forecast period by increased demand for energy-efficient systems among residential, commercial, and industrial buildings.

South Africa HVAC Market – Overview


Heating, ventilation, and air conditioning, or HVAC, is a system for maintaining and controlling the temperature, humidity, and purity of the air in a room or enclosed space. These systems are used in a wide range of commercial, residential, and industrial facilities, such as family homes, apartments, hotels, hospitals, trains, airplanes, ships, etc. Ventilation is a very important aspect of HVAC as it helps in maintaining indoor air quality, which involves the removal of moisture, odors, smoke, and dust, temperature control, and oxygen replenishment.

South Africa HVAC Market

Segmental Information

South Africa HVAC Market – By Implementation Type

Based on implementation type, the South Africa HVAC market is split into new construction and retrofits. New construction accounts for a larger share of the South Africa HVAC market, owing to the rising construction of residential complexes as well as industries and commercial facilities for economic development. The retrofits also cover a substantial market share owing to the increasing developments in HVAC technologies and the rising penetration of smart home equipment equipped with technologies such as sensors.

Impact of COVID-19 on South Africa HVAC Market

The unprecedented COVID-19 pandemic negatively impacted the growth of the South Africa HVAC market. According to the International Food Policy Research Institute, the South African economy witnessed a 5 percent decline in its GDP by the end of 2020. Additionally, according to Statistics South Africa (2020), the unemployment rate increased from 23.3% to 30.0% in the third quarter of 2020, making it the highest rate recorded since 2008. This significant decline in the average disposable income of consumers or families directly resulted in slow demand for the HVAC system, particularly in the residential segment.

Competitive Landscape

Major players operating in the South Africa HVAC market include Legend HVAC (Pty) Ltd, Kwikot Manufacturing Ltd, Daikin Air-Conditioning South Africa (Pty) Ltd, Econo Heat Energy Efficient Appliances (Pty) Ltd, Rapid Allweiler Pumps (Pty) Ltd, Samsung Electronics, LG Electronics, Daikin Industries Ltd, Midea Group Co. Ltd, and Whirlpool Corporation.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the South Africa HVAC Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the South Africa HVAC Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

200 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. South Africa HVAC Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising Demand For Energy-Efficient HVAC Systems
3.2.1.2. Integration of Smart HVAC Systems
3.2.2. Restraints
3.2.2.1. Lack Of Skilled Professionals
3.2.2.2. High Cost of Installation and Maintenance
3.2.3. Opportunities
3.2.3.1. Growing Tourism and Hospitality Sector
3.2.3.2. Retrofitting and Upgrades
3.2.4. Challenges
3.2.4.1. Economic Uncertainty
3.2.4.2. Competition and Market Saturation
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. South Africa HVAC Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
4.2.1. By Offering
4.2.1.1. Equipment
4.2.1.1.1. Heating
4.2.1.1.1.1. Heat Pumps
4.2.1.1.1.1.1. Air-source
4.2.1.1.1.1.2. Water-source
4.2.1.1.1.1.3. Ground-source
4.2.1.1.1.2. Furnaces
4.2.1.1.1.2.1. Gasoline
4.2.1.1.1.2.2. Propane
4.2.1.1.1.2.3. Electric
4.2.1.1.1.3. Boilers
4.2.1.1.1.3.1. Water-tube
4.2.1.1.1.3.2. Fire-tube
4.2.1.1.1.4. Unitary heaters
4.2.1.1.2. Ventilation
4.2.1.1.2.1. Air-Handling Units (AHUs)
4.2.1.1.2.1.1. Terminal units
4.2.1.1.2.1.2. Makeup air units
4.2.1.1.2.2. Ventilation Fans
4.2.1.1.2.2.1. Centrifugal fans
4.2.1.1.2.2.2. Axial fans
4.2.1.1.2.2.3. Domestic exhaust fans
4.2.1.1.2.2.4. Power roof fans
4.2.1.1.2.3. Fan Coil Units (FCUs)
4.2.1.1.2.3.1. Two-pipe
4.2.1.1.2.3.2. Four-pipe
4.2.1.1.2.4. Humidifiers/dehumidifiers
4.2.1.1.2.5. Air cleaners
4.2.1.1.2.5.1. Type 1: High-efficiency particulate air (HEPA) + carbon
4.2.1.1.2.5.2. Type 2: HEPA + carbon + ionizer
4.2.1.1.2.5.3. Type 3: HEPA + carbon + ultraviolet (UV)
4.2.1.1.2.5.4. Type 4: HEPA + carbon + ionizer + UV
4.2.1.1.2.5.5. Type 5: Other technologies
4.2.1.1.3. Cooling
4.2.1.1.3.1. Room air conditioners (ACS)
4.2.1.1.3.1.1. Mini splits
4.2.1.1.3.1.2. Window ACs
4.2.1.1.3.2. Split units
4.2.1.1.3.3. Ducted splits
4.2.1.1.3.3.1. Water-cooled condensers
4.2.1.1.3.3.2. Air-cooled condensers
4.2.1.1.3.4. Packaged units
4.2.1.1.3.4.1. Water-cooled condensers
4.2.1.1.3.4.2. Air-cooled condensers
4.2.1.1.3.5. Variable refrigerant flow (VRF) systems
4.2.1.1.3.5.1. Heat Pump Systems
4.2.1.1.3.5.2. Heat Recovery Systems
4.2.1.1.3.6. Chillers
4.2.1.1.3.6.1. Centrifugal
4.2.1.1.3.6.2. Screw
4.2.1.1.3.6.3. Scroll
4.2.1.1.3.6.4. Absorption
4.2.1.1.3.6.5. Reciprocating
4.2.1.2. Service
4.2.1.2.1. Upgradation/replacement
4.2.1.2.2. Maintenance and repair
4.2.1.2.3. Installation
4.2.1.2.4. Consulting
4.2.2. By Implementation Type
4.2.2.1. New Constructions
4.2.2.2. Retrofits
4.2.3. By End User
4.2.3.1. Residential
4.2.3.2. Commercial
4.2.3.3. Industrial
5. Competitive Landscape
5.1. List of Key Players and Their Range
5.2. South Africa HVAC Company Market Share Analysis, 2022
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
6. Impact of Covid-19 on South Africa HVAC Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
7.1. Legend HVAC (Pty) Ltd
7.2. Kwikot Manufacturing Ltd
7.3. Daikin Air-Conditioning South Africa (Pty) Ltd
7.4. Econo Heat Energy Efficient Appliances (Pty) Ltd
7.5. Rapid Allweiler Pumps (Pty) Ltd
7.6. Samsung Electronics
7.7. LG Electronics
7.8. Daikin Industries Ltd
7.9. Midea Group Co. Ltd
7.10. Whirlpool Corporation
7.11. Other prominent players
8. Key Strategic Recommendations
9. Research Methodology
9.1. Qualitative Research
9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
9.3.1. Secondary Research
9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents
9.5. Assumption & Limitation
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 South Africa HVAC Market Segmentation
Figure 2 South Africa HVAC Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 South Africa HVAC Market Size, By Value (USD Billion), 2019–2029
Figure 5 South Africa HVAC Market Share, By Offering, By Value, 2019–2029
Figure 6 South Africa HVAC Market Share, By Implementation Type, By Value, 2019–2029
Figure 7 South Africa HVAC Market Share, By End-User, By Value, 2019–2029
List of Tables
Table 1 South Africa HVAC Market Size, By Offering, By Value, 2019−2029
Table 2 South Africa HVAC Market Size, By Implementation Type, By Value, 2019−2029
Table 3 South Africa HVAC Market Size, By End-User, By Value, 2019−2029
Table 4 Legend HVAC (Pty) Ltd Company Overview
Table 5 Legend HVAC (Pty) Ltd Financial Overview
Table 6 Kwikot Manufacturing Ltd Company Overview
Table 7 Kwikot Manufacturing Ltd Financial Overview
Table 8 Daikin Air-Conditioning South Africa (Pty) Ltd Company Overview
Table 9 Daikin Air-Conditioning South Africa (Pty) Ltd Financial Overview
Table 10 Econo Heat Energy Efficient Appliances (Pty) Ltd Company Overview
Table 11 Econo Heat Energy Efficient Appliances (Pty) Ltd Financial Overview
Table 12 Rapid Allweiler Pumps (Pty) Ltd Company Overview
Table 13 Rapid Allweiler Pumps (Pty) Ltd Financial Overview
Table 14 Samsung Electronics Company Overview
Table 15 Samsung Electronics Financial Overview
Table 16 LG Electronics Company Overview
Table 17 LG Electronics Financial Overview
Table 18 Daikin Industries Ltd Company Overview
Table 19 Daikin Industries Ltd Financial Overview
Table 20 Midea Group Co Ltd Company Overview
Table 21 Midea Group Co Ltd Financial Overview
Table 22 Whirlpool Corporation Company Overview
Table 23 Whirlpool Corporation Financial Overview

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us