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Global Energy Efficient HVAC Systems Market 2018-2022

Global Energy Efficient HVAC Systems Market 2018-2022

About Energy Efficient HVAC Systems

Energy efficient heating, ventilation and air-conditioning (HVAC) systems are the technologies that provide the same performance as conventional HVAC systems, while simultaneously reducing the energy consumption or using renewable energy sources for operation.

Technavio’s analysts forecast the global energy efficient HVAC systems market to grow at a CAGR of 11.08 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global energy efficient HVAC systems market for 2018-2022. To calculate the market size, the report considers the overall sales of energy efficient HVAC equipment in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Energy Efficient HVAC Systems Market 2018-2022, 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
  • DAIKIN INDUSTRIES
  • Ingersoll-Rand
  • Johnson Controls
  • Lennox International
  • LG Electronics
  • United Technologies (Carrier)
Market driver
  • Demand for reducing energy consumption and operating costs
  • For a full, detailed list, view our report
Market challenge
  • Higher initial cost of energy efficient HVAC systems
  • For a full, detailed list, view our report
Market trend
  • Growing adoption of R32 refrigerant in air conditioners
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Energy Efficient HVAC Systems Market 2018-2022

Technavio recognizes the following companies as the key players in the global energy efficient HVAC systems market: DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics, and United Technologies (Carrier)

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing adoption of R32 refrigerant in air conditioners. All air conditioning and refrigeration systems use some form of refrigerant to absorb the heat from the air to cool it. Traditionally used fluid refrigerants include chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), ammonia, and halons. The global HVAC industry is now moving toward the adoption of newer, advanced refrigerants that have better efficiency than traditional refrigerants.”

According to the report, one of the major drivers for this market is Demand for reducing energy consumption and operating costs. Most residential, commercial, and industrial buildings around the world use some form of heating, cooling, or climate control technologies for providing thermal comfort and satisfactory levels of indoor air quality. Many buildings also directly burn fossil fuels, such as heating oil, natural gas, and even coal, to provide for the space heating requirements. The energy consumed for such space heating and cooling applications in buildings and other areas represents significant cost incurred by the owner or operator. Therefore, the demand for energy efficient HVAC systems is growing to cater to the need to minimize the energy consumption in buildings and reduce operating costs.

Further, the report states that one of the major factors hindering the growth of this market is Higher initial cost of energy efficient HVAC systems. The ongoing drive toward increasing the energy efficiency, reducing energy costs, and lowering the emissions is expected to create a significant opportunity for the growth of the global energy efficient HVAC systems market. However, the higher initial cost of capital and installation is a major challenge that may impede the growth of the global market.

Companies Mentioned

DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics, and United Technologies (Carrier)

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global energy efficient HVAC
      • Table Market snapshot: Global energy efficient HVAC systems market 2018-2022
      • Table Global HVAC equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global energy efficient HVAC systems market - Market size and forecast 2017-2022 ($ bn)
      • Table Global energy efficient HVAC systems market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Air conditioning - Market size and forecast 2017- 2022
      • Table Air conditioning - Market size and forecast 2017-2022 ($ bn)
      • Table Air conditioning - Year-over-year growth 2018-2022 (%)
    • Heating - Market size and forecast 2017-2022
      • Table Heating - Market size and forecast 2017-2022 ($ bn)
      • Table Heating - Year-over-year growth 2018-2022 (%)
    • Ventilation - Market size and forecast 2017-2022
      • Table Ventilation - Market size and forecast 2017-2022 ($ bn)
      • Table Heating - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table US household energy consumption by end-users 2016 (%)
      • Table US value of constructions put in place 2011-2016 ($ bn)
      • Table Construction growth in EU (2013-2016)
    • Market challenges
      • Table Average price of different air conditioners ($)
      • Table Annual growth rate of China's GDP 2008-2015 (%)
      • Table Growth rate of skilled manpower in US HVAC industry 2012-2022 (%)
  • Market trends
    • Growing adoption of R32 refrigerant in air conditioners
      • Table Comparison of various commercial refrigerants
    • Shift to inverter-based air conditioner technology
    • Stringent regulations on refrigerant use in Europe
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DAIKIN INDUSTRIES
      • Table DAIKIN INDUSTRIES - Vendor overview
      • Table DAIKIN INDUSTRIES - Business segments
      • Table DAIKIN INDUSTRIES - Organizational developments
      • Table DAIKIN INDUSTRIES - Geographic focus
      • Table DAIKIN INDUSTRIES - Segment focus
      • Table DAIKIN INDUSTRIES - Key offerings
      • Table DAIKIN INDUSTRIES - Key customers
    • Ingersoll-Rand
      • Table Ingersoll-Rand - Vendor overview
      • Table Ingersoll-Rand - Business segments
      • Table Ingersoll-Rand - Organizational developments
      • Table Ingersoll-Rand - Geographic focus
      • Table Ingersoll-Rand - Segment focus
      • Table Ingersoll-Rand - Key offerings
      • Table Ingersoll-Rand - Key customers
    • Johnson Controls
      • Table Johnson Controls - Vendor overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
      • Table Johnson Controls - Key customers
    • Lennox International
      • Table Lennox International - Vendor overview
      • Table Lennox International - Business segments
      • Table Lennox International - Organizational developments
      • Table Lennox International - Geographic focus
      • Table Lennox International - Segment focus
      • Table Lennox International - Key offerings
      • Table Lennox International - Key customers
    • LG Electronics
      • Table LG Electronics - Vendor overview
      • Table LG Electronics - Business segments
      • Table LG Electronics - Organizational developments
      • Table LG Electronics - Geographic focus
      • Table LG Electronics - Segment focus
      • Table LG Electronics - Key offerings
      • Table LG Electronics - Key customers
    • United Technologies (Carrier)
      • Table United Technologies - Vendor overview
      • Table United Technologies - Business segments
      • Table United Technologies - Organizational developments
      • Table United Technologies - Geographic focus
      • Table United Technologies - Segment focus
      • Table United Technologies - Key offerings
      • Table United Technologies - Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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