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Global Residential HVAC Market 2015-2019

Global Residential HVAC Market 2015-2019

About Residential HVAC

After the recession of 2009, there has been an incredible increase in the construction of residential buildings, especially in APAC countries like India and China, which is driving the market for residential HVAC.

HVAC is a vital part of the consumer goods segment. In APAC and the Americas, the segment is seeing exponential growth in terms of total household spending on consumer goods.

Technavio’s analysts forecast the Global residential HVAC market to grow at a CAGR of 10.38% during the period 2015-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the global residential market for 2015-2019. To calculate the market size, the report considers the revenue generated from sales of residential HVAC products across the globe. Geographically, the market is segmented into APAC, North America, Western Europe, Eastern Europe, and the rest of the world (ROW). By product, the market comprises unitary ACs, ventilation fans, humidifiers and dehumidifiers, movables, and air handling units (AHUs).

Technavio's report, Global Residential HVAC Market 2015-2019, 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
  • HCM
  • LG Electronics
Other prominent vendors
  • AB Electrolux
  • Broad Air Conditioning
  • Century Corporation
  • EAW Energieanlagenbau
  • GD Midea
  • Haier
  • Haier Electronics
  • Johnson Controls
  • Lennox International
  • Mitsubishi Electric
Market driver
  • Growth in residential housing market
  • For a full, detailed list, view our report
Market challenge
  • Intense competition
  • For a full, detailed list, view our report
Market trend
  • Growing aging population
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 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 Residential HVAC Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Residential HVAC Market: Daikin Industries, HCM and LG Electronics

Other Prominent Vendors in the market are: Haier Electronics, Mitsubishi Electric, Broad Air Conditioning Co. Ltd., Century Corporation, GD Midea, AB Electrolux, Haier, Lennox International, EAW Energieanlagenbau GmbH, and Johnson Controls.

Commenting on the report, an analyst from Technavio’s team said: “The growth rate of the global elderly population is 1.9%, significantly higher than the total population growth rate of 1.2%. Aging populations require added comfort and ease of use in both buildings and vehicles. Therefore, the need for advanced HVAC systems that can provide controlled indoor environments is increasing.”

According to the report, the global residential housing market has revived after the global recession, with the global housing price index steadily recovering. Construction of residential buildings has seen rapid development in countries such as China, India, Canada, and Brazil, as the economies of these countries are developing quickly.

Further, the report states that the residential HVAC market is highly fragmented with the presence of several vendors. Pricing pressures and lack of product differentiation result in low consumer loyalty.

Companies Mentioned

Daikin Industries, HCM, LG Electronics, Haier Electronics, Mitsubishi Electric, Broad Air Conditioning Co. Ltd., Century Corporation, GD Midea, AB Electrolux, Haier, Lennox International, EAW Energieanlagenbau GmbH, Johnson Controls.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global residential HVAC market 2014-2019 ($ billions)
    • Five forces analysis
  • Market segmentation by application
    • Table Global residential HVAC market by application 2014-2019
    • Global residential air conditioning system market
      • Table Global residential air conditioning system market 2014-2019 ($ billions)
    • Global residential heating system market
      • Table Global residential heating system market 2014-2019 ($ billions)
    • Global residential ventilating system market
      • Table Global residential ventilating system market 2014-2019 ($ billions)
  • Market segmentation by product
    • Table Global residential HVAC market by product 2014-2019
    • Global residential unitary AC market
      • Table Global residential unitary AC market 2014-2019 ($ billions)
      • Table Global unitary AC market, 2015
      • Table Global unitary ACs market by units sold, 2015
    • Global residential ventilation fan and air pump market
      • Table Global residential ventilation fan and air pump market 2014-2019 ($ billions)
      • Table Types of fans and air pumps
    • Global residential humidifier and dehumidifier market
      • Table Global residential HVAC humidifier and dehumidifier market 2014-2019 ($ billions)
    • Global residential HVAC movables market
      • Table Global residential HVAC movables market 2014-2019 ($ billions)
    • Global residential AHU market
      • Table Global residential AHU market 2014-2019 ($ billions)
  • Geographical segmentation
    • Table Geographical segmentation of global residential HVAC market 2014-2019
    • Global residential HVAC market in APAC
      • Table Global residential HVAC market in APAC 2014-2019 ($ billions)
    • Global residential HVAC market in North America
      • Table Global residential HVAC market in North America 2014-2019 ($ billions)
    • Global residential HVAC market in Western Europe
      • Table Global residential HVAC market in Western Europe 2014-2019 ($ billions)
    • Global residential HVAC market in Eastern Europe
      • Table Global residential HVAC market in Eastern Europe 2014-2019 ($ billions)
    • Global residential HVAC market in ROW
      • Table Global residential HVAC market in ROW 2014-2019 ($ billions)
  • Market drivers
    • Growth in residential housing market
    • Increased indoor air quality concerns
    • Increase in per capita income of APAC countries
      • Table Rate of increase in per capita income of APAC (2013-2020)
    • Emphasis on energy efficiency
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Intense competition
    • High initial cost
      • Table Fluctuations in aluminum prices 2014 ($ per ton)
    • Imposition of strict regulations on HVAC products
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing aging population
      • Table Global aging population as a percentage of total population (2000-2050)
    • Increasing use of smart thermostats
    • Reduction in proprietary protocols
  • Vendor landscape
    • Table product portfolio of carrier
    • Other prominent vendors
  • Key vendor analysis
    • Daikin Industries
      • Table Daikin Industries: Business segmentation by revenue 2015
      • Table Daikin Industries: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Daikin Industries: Geographical segmentation by revenue 2015
    • Carrier
      • Table Carrier: Product segmentation
    • Hitachi
    • LG Electronics
      • Table LG Electronics: Business segmentation by revenue 2014
      • Table Air conditioning and energy solutionsProduct offerings of LG Electronics
      • Table LG Electronics: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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