The global HVAC Controls market, valued at $13.95 billion in 2020, is projected to expand to $33.39 billion by 2028, reflecting a compound annual growth rate (CAGR) of 11.15% from 2021 to 2028. This significant growth is driven by various macro and microeconomic factors, including the rise of IoT-enabled HVAC systems.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Component (Sensors, Controllers and Controlled Devices)
By System (Temperature Control Systems, Ventilation Control Systems, Humidity Control Systems, Integrated Control Systems)
By Application (Residential, Commercial, Industrial)
Key players
Honeywell International Inc
Johnson Controls
Schneider Electric
Siemens
Carrier Global Corporation
Emerson Electric
Trane Technologies Plc
Lennox
Delta Controls
Daikin Industries
- Chapter 1. Executive Summary
- Chapter 2. Scope Of The Study
- 2.1. Market Definition
- 2.2. Scope Of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat Of New Entrants
- 4.2.2. Bargaining Power Of Buyers
- 4.2.3. Bargaining Power Of Suppliers
- 4.2.4. Threat Of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on HVAC Controls Market
- 4.3.1. Impact on Market Size
- 4.3.2. End User Trend, Preferences and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global HVAC Controls Market, By Component
- 6.1. Introduction
- 6.2. Sensors
- 6.3. Controllers and Controlled Devices
- Chapter 7. Global HVAC Controls Market, By Systems
- 7.1. Introduction
- 7.2. Temperature Control Systems
- 7.3. Ventilation Control Systems
- 7.4. Humidity Control Systems
- 7.5. Integrated Control Systems
- Chapter 8. Global HVAC Controls Market, By Application
- 8.1. Introduction
- 8.2. Residential
- 8.3. Commercial
- 8.4. Industrial
- Chapter 9. Global HVAC Controls Market, By Region
- 9.1. Introduction
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.2.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.5. Market Size and Forecast, By Systems, 2020 – 2028
- 9.2.6. Market Size and Forecast, By Application, 2020 – 2028
- 9.2.7. US
- 9.2.7.1. Introduction
- 9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.7.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.2.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.2.8. Canada
- 9.2.8.1. Introduction
- 9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.2.8.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.2.8.5. Market Size and Forecast, By Systems, 2020 – 2028
- 9.2.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.3.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.5. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.6. Market Size and Forecast, By Application, 2020 – 2028
- 9.3.7. Germany
- 9.3.7.1. Introduction
- 9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.7.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.8. France
- 9.3.8.1. Introduction
- 9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.8.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.9. UK
- 9.3.9.1. Introduction
- 9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.9.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.9.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.10. Italy
- 9.3.10.1. Introduction
- 9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.10.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.10.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.3.11. Rest Of Europe
- 9.3.11.1. Introduction
- 9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.3.11.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.3.11.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.3.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4. Asia-Pacific
- 9.4.1. Introduction
- 9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 9.4.4. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.5. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.7. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.8. China
- 9.4.8.1. Introduction
- 9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.8.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.8.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.9. India
- 9.4.9.1. Introduction
- 9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.9.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.9.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.9.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.10. Japan
- 9.4.10.1. Introduction
- 9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.10.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.10.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.10.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.11. South Korea
- 9.4.11.1. Introduction
- 9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.11.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.11.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.11.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.4.12. Rest Of Asia-Pacific
- 9.4.11.1. Introduction
- 9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.4.12.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.4.12.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.4.12.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5. Rest Of The World (RoW)
- 9.5.1. Introduction
- 9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.5.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.6. Market Size and Forecast, By Region, 2020 - 2028
- 9.5.7. South America
- 9.5.7.1. Introduction
- 9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.7.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.7.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.5.7.5. Market Size and Forecast, By Application, 2020 - 2028
- 9.5.8. Middle East & Africa
- 9.5.8.1. Introduction
- 9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 9.5.8.3. Market Size and Forecast, By Component, 2020 - 2028
- 9.5.8.4. Market Size and Forecast, By Systems, 2020 – 2028
- 9.5.8.5. Market Size and Forecast, By Application, 2020 - 2028
- Chapter 10. Competitive Landscape
- 10.1. Introduction
- 10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
- Chapter 11. Company Profiles
- 11.1. Honeywell International Inc
- 11.1.1. Business Overview
- 11.1.2. Financial Analysis
- 11.1.3. Product Portfolio
- 11.1.4. Recent Development and Strategies Adopted
- 11.1.5. SWOT Analysis
- 11.2. Johnson Controls
- 11.2.1. Business Overview
- 11.2.2. Financial Analysis
- 11.2.3. Product Portfolio
- 11.2.4. Recent Development and Strategies Adopted
- 11.2.5. SWOT Analysis
- 11.3. Schneider Electric
- 11.3.1. Business Overview
- 11.3.2. Financial Analysis
- 11.3.3. Product Portfolio
- 11.3.4. Recent Development and Strategies Adopted
- 11.3.5. SWOT Analysis
- 11.4. Siemens
- 11.4.1. Business Overview
- 11.4.2. Financial Analysis
- 11.4.3. Product Portfolio
- 11.4.4. Recent Development and Strategies Adopted
- 11.4.5. SWOT Analysis
- 11.5. Carrier Global Corporation
- 11.5.1. Business Overview
- 11.5.2. Financial Analysis
- 11.5.3. Product Portfolio
- 11.5.4. Recent Development and Strategies Adopted
- 11.5.5. SWOT Analysis
- 11.6. Emerson Electric
- 11.6.1. Business Overview
- 11.6.2. Financial Analysis
- 11.6.3. Product Portfolio
- 11.6.4. Recent Development and Strategies Adopted
- 11.6.5. SWOT Analysis
- 11.7. Trane Technologies Plc
- 11.7.1. Business Overview
- 11.7.2. Financial Analysis
- 11.7.3. Product Portfolio
- 11.7.4. Recent Development and Strategies Adopted
- 11.7.5. SWOT Analysis
- 11.8. Lennox
- 11.8.1. Business Overview
- 11.8.2. Financial Analysis
- 11.8.3. Product Portfolio
- 11.8.4. Recent Development and Strategies Adopted
- 11.8.5. SWOT Analysis
- 11.9. Delta Controls
- 11.9.1. Business Overview
- 11.9.2. Financial Analysis
- 11.9.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- 11.10. Daikin Industries
- 11.10.1. Business Overview
- 11.10.2. Financial Analysis
- 11.10.3. Product Portfolio
- 11.9.4. Recent Development and Strategies Adopted
- 11.9.5. SWOT Analysis
- Chapter 12. Key Takeaways
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