Global HVAC Terminal Units Market 2018-2022

Global HVAC Terminal Units Market 2018-2022

About this market

The emergence of net zero energy buildings will result in significant growth of the HVAC terminal units market during the forecast period. Net zero buildings use renewable technology to produce the same amount of energy which is being consumed from the grid by the building over the course of a year. The designing and construction of net zero energy buildings have become more practical with the emergence of advanced 3D Energy and Daylight modelling, and improvements in construction technology, building controls and renewable energy systems. Government initiatives such as WGBC, EEB, and NBI which creates awareness regarding the benefits of going green are also encouraging the development and construction of net zero energy buildings. Since, HVAC systems play a critical role in achieving net zero energy goals, the emergence of net zero energy buildings will boost the growth of the HVAC terminal units market during the forecast period. Technavio’s analysts have predicted that the HVAC terminal units market will register a CAGR of over 5% by 2022.Market Overview

Increase in construction activities

The number of construction activities is increasing in developed as well as emerging countries. The income of people in countries such as India, China, Saudi Arabia, Malaysia, UAE, and Indonesia is increasing. These countries are also undergoing rapid urbanization. New housing and infrastructure are required to accommodate people that are shifting from rural to urban areas. Governments of several countries are investing in the development of public infrastructure. This will create a demand for HVAC terminal units during the forecast period and thereby boost market growth.

Fluctuations in raw material prices

The cost of raw materials such as stainless and steel is influenced by several factors including inflation, production, and availability. The price of steel can be affected by factors such as natural disasters, state of the world economy, and strength of the American dollar. Large companies are immune to such fluctuations of raw material prices due to the long-term contracts with their suppliers. However, instability in raw material prices affects the profit margins of small vendors which in turn has a negative impact on market growth.

For the detailed list of factors that will drive and challenge the growth of the HVAC terminal units market during 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including DAIKIN INDUSTRIES, and Honeywell the competitive environment is quite intense. Factors such as the increasing construction activities, will provide considerable growth opportunities to HVAC terminal unit companies. DAIKIN INDUSTRIES, Honeywell, Ingersoll-Rand, Johnson Controls, UNITED TECHNOLOGIES (Carrier) are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global HVAC Terminal Units Market 2018-2022

Technavio recognizes the following companies as the key players in the global HVAC terminal units market: DAIKIN INDUSTRIES, Honeywell, Ingersoll-Rand, Johnson Controls, UNITED TECHNOLOGIES (Carrier).

Commenting on the report, an analyst from Technavio’s team said: “HVAC systems play a crucial role in the development of energy efficient net zero energy buildings. Thus, the emergence of net zero energy buildings is identified as a key trend fueling the growth of HVAC terminal units market.”

According to the report, one of the major drivers for this market is the increasing number of construction activities across the world. This will augment the demand for HVAC terminal units and boost the growth of the market during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuations in prices of raw materials such as stainless steel and copper. This affects the profit margins of vendors and thereby hampers market growth.

Companies Mentioned

DAIKIN INDUSTRIES

Honeywell

Ingersoll-Rand

Johnson Controls

UNITED TECHNOLOGIES (Carrier)

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market - Global HVAC market
      • Table Global HVAC 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
    • Global HVAC terminal units market - Market size and forecast 2017-2022
      • Table Global HVAC terminal units market – Market size and forecast 2017-2022 ($ mn)
      • Table Global HVAC terminal units 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 Global HVAC terminal units market by product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Single duct – Market size and forecast 2017-2022
      • Table Single duct – Market size and forecast 2017-2022 ($ mn)
      • Table Single duct – Year-over-year growth 2018-2022 (%)
    • Dual duct – Market size and forecast 2017-2022
      • Table Dual duct – Market size and forecast 2017-2022 ($ mn)
      • Table Dual duct – Year-over-year growth 2018-2022 (%)
    • Fan powered – Market size and forecast 2017- 2022
      • Table Fan powered – Market size and forecast 2017-2022 ($ mn)
      • Table Comparison of fan powered HVAC terminal units
      • Table Fan powered – 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 HVAC terminal units market – 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 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – 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
    • Market challenges
      • Table Cumulative prices of stainless steel 316 ($/tons) 2017-2018
      • Table Growth rate of skilled manpower in US HVAC industry 2012-2022 (%)
  • Market trends
    • Emergence of net zero energy buildings
    • Technological advances in VRF
    • Building automation systems (BAS) gaining traction
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive Landscape
  • 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 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
    • Honeywell
      • Table Honeywell overview
      • Table Honeywell – Business segments
      • Table Honeywell – Organizational developments
      • Table Honeywell – Geographic focus
      • Table Honeywell – Segment focus
      • Table Honeywell – Key offerings
    • Ingersoll-Rand
      • Table Ingersoll-Rand 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
    • Johnson Controls
      • Table Johnson Controls 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
    • UNITED TECHNOLOGIES (Carrier)
      • Table UNITED TECHNOLOGIES (Carrier) overview
      • Table UNITED TECHNOLOGIES (Carrier) –Business segments
      • Table UNITED TECHNOLOGIES (Carrier) –Organizational developments
      • Table UNITED TECHNOLOGIES (Carrier) –Geographic focus
      • Table UNITED TECHNOLOGIES (Carrier) –Segment focus
      • Table UNITED TECHNOLOGIES (Carrier) –Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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