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Global Industrial HVAC Market 2018-2022

Global Industrial HVAC Market 2018-2022

About Industrial HVAC

Heating, Ventilation, and Air Conditioner (HVAC) systems ensure high air quality and overall thermal balance in industrial premises. These systems use heat exchangers, pumps, and fans to control and regulate humidity and temperature levels.

Technavio’s analysts forecast the global industrial HVAC market to grow at a CAGR of 4.56% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial HVAC market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of industrial HVAC across several end-user industries.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial HVAC 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
  • ALFA LAVAL
  • DAIKIN INDUSTRIES
  • Ingersoll-Rand
  • Johnson Controls
  • United Technologies (Carrier)
Market driver
  • Stringent regulations for use of explosion-proof HVAC equipment in hazardous environments
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increased focus on predictive maintenance
  • 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?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent 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
    • Market size and forecast 2017-2022
      • Table Global industrial HVAC market – Market size and forecast 2017-2022 ($ bn)
      • Table Global industrial HVAC 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
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Process industry – Market size and forecast 2017- 2022
      • Table Process industry – Market size and forecast 2017-2022 ($ bn)
      • Table Major instances of explosion due to dust in process industry 2016
      • Table Process industry – Year-over-year growth 2018-2022 (%)
    • Discrete industry – Market size and forecast 2017-2022
      • Table Discrete industry – Market size and forecast 2017-2022 ($ bn)
      • Table Discrete industry – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global industrial HVAC 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 ($ bn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ bn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ bn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Method of classification of hazardous location
    • Market challenges
      • Table Change in prices of copper and iron ore 2010-2017 (% change)
  • Market trends
    • Growing adoption of R32 refrigerant in air conditioners
    • Increased focus on predictive maintenance
    • Increasing use of renewable energy sources for HVAC systems
  • 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
    • ALFA LAVAL
      • Table Vendor overview
      • Table ALFA LAVAL – Business segments
      • Table ALFA LAVAL – Organizational developments
      • Table ALFA LAVAL – Geographic focus
      • Table ALFA LAVAL – Segment focus
      • Table ALFA LAVAL – Key offerings
    • DAIKIN INDUSTRIES
      • Table 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
    • Ingersoll-Rand
      • Table 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
    • Johnson Controls
      • Table 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
    • United Technologies (Carrier)
      • Table 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 (Carrier) – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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