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Global HVAC Safety Devices Market 2017 - 2021

Global HVAC Safety Devices Market 2017 - 2021

About HVAC Safety Devices

HVAC systems comprise heating, ventilation, and cooling equipment that is used in a facility or an enclosure to ensure a proper environment for the people and other equipment inside. The systems can be installed in residential, commercial and industrial buildings, where they regulate the temperature, humidity levels, and the indoor and outdoor quality of the air. HVAC systems consist of various equipment and components. One such component is a safety device, which protects the HVAC system from any electrical hazards.

Technavio’s analysts forecast the global HVAC safety devices market to grow at a CAGR of 5.89% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global HVAC safety devices market for 2017-2021. To calculate the market size, the report considers the demand for HVAC safety devices.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global HVAC Safety Devices Market 2017-2021, 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
  • Eaton
  • Intermatic Incorporated
  • Mueller Industries
  • Schneider Electric
Other prominent vendors
  • CAREL INDUSTRIES
  • DITEK Surge Protection
  • Global Controls
  • Trane
Market driver
  • Retrofitting and renovation of old buildings
  • For a full, detailed list, view our report
Market challenge
  • High capital and installation costs for HVAC safety devices
  • For a full, detailed list, view our report
Market trend
  • Adoption of VRF Systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global HVAC Safety Devices Market 2017-2021

Technavio recognizes the following companies as the key players in the global HVAC safety devices market: Eaton, Intermatic Incorporated, Mueller Industries, and Schneider Electric.

Other Prominent Vendors in the market are: CAREL INDUSTRIES, DITEK Surge Protection, Global Controls, and Trane.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is adoption of VRF Systems. Variable refrigerant flow (VRF) is a system of air-conditioning, where there is one outdoor condensing unit and multiple indoor units. The term refers to the ability of the unit to control the amount of refrigerant flowing through the multiple indoor units.”

According to the report, one driver in the market is retrofitting and renovation of old buildings. Rising awareness about global warming and climate change has pushed governments worldwide to implement stringent regulations for cleaner, safer, and more energy-efficient workplaces. This has compelled building owners to renovate their old buildings and replace the existing older HVAC units with newer ones. Retrofitting also includes the use of equipment incorporated with the latest technology in the existing HVAC unit to make it more energy efficient and comply with government standards, therefore boosting the market for HVAC safety devices.

Further, the report states that one challenge in the market is high capital and installation costs for HVAC safety devices. The global HVAC protection device market is capital-intensive. With the decline in the global economy, HVAC market vendors face difficulty in investing heavily in R&D activities and marketing campaigns. Also, many end-users struggle to purchase HVAC equipment as it requires a high initial investment coupled with high cost of maintenance. Many residential users in developing countries face a challenge in adopting domestic HVAC equipment such as household furnaces, ACs, and others.

Companies Mentioned

Eaton, Intermatic Incorporated, Mueller Industries, and Schneider Electric. CAREL INDUSTRIES, DITEK Surge Protection, Global Controls, and Trane.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global HVAC safety devices market: 2016-2021 (overview)
      • Table Global HVAC safety devices market by application 2016-2021 ($ millions)
      • Table Global HVAC safety devices market by end-user 2016-2021 ($ millions)
      • Table Global HVAC safety devices market by geography
  • Market landscape
    • Market overview
      • Table Global HVAC safety devices market: Overview
    • Market size and forecast
      • Table Global HVAC safety devices market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global HVAC safety devices by application
      • Table Global HVAC safety devices by application 2016-2021 ($ millions)
      • Table Global HVAC safety devices market by application 2016-2021 (%)
  • Market segmentation by end-user
    • Global HVAC safety devices market by end-user
      • Table Global HVAC safety devices market by end-user 2016-2021 (%)
    • Non-residential
      • Table Global HVAC safety devices market in non-residential sector 2016-2021 ($ millions)
    • Residential
      • Table Global HVAC safety devices market in residential sector: 2016-2021 ($ million)
  • Geographical segmentation
    • Overview
      • Table Global HVAC safety devices market by geography: 2016-2021
      • Table Global HVAC safety devices market by geography trend chart 2016-2021 ($ millions)
    • APAC
      • Table HVAC safety devices market in APAC 2016-2021 ($ millions)
      • Table Growing urbanization rates in APAC 2015-2020
    • EMEA
      • Table HVAC safety devices market in EMEA 2016-2021 ($ millions)
    • Americas
      • Table HVAC safety devices market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global growth in construction of various sectors 2017
      • Table Construction developments in Europe by market segments YoY 2014-2017 (%)
      • Table Global data center construction market 2015-2020 ($ billions)
    • Market challenges
  • Market trends
    • Adoption of VRF Systems
    • Integration of IoT with HVAC systems
    • Increasing popularity of smart homes
      • Table Global home automation system market 2016-2021 (thousand units)
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Global HVAC safety devices: Other prominent vendors
  • Key vendor analysis
    • Eaton
      • Table Eaton: HVAC safety devices product portfolio
    • Intermatic Incorporated
      • Table Intermatic Incorporated: HVAC safety devices product portfolio
    • Mueller Industries
      • Table Mueller Industries: HVAC safety devices product portfolio
    • Schneider Electric
      • Table Schneider Electric: HVAC safety devices product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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