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HVAC Equipment Market in China 2015-2019

HVAC Equipment Market in China 2015-2019

About HVAC Equipment

Heating, ventilation, and air conditioning equipment, more commonly known as HVAC equipment, provides conditioned air to occupants inside a building by creating a comfortable and favorable environment. Conditioned air is clean and odor-free with its temperature, humidity, and movement controlled within a certain comfort level.

Technavio's analysts forecast the HVAC equipment market in China to grow at a CAGR of 8.51% over the period 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the HVAC equipment market in China for the period 2015-2019. The market can be segmented into three based on product type: cooling equipment, heating equipment, and ventilation equipment.

Technavio's report, HVAC Equipment Market in China 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Carrier
  • Daikin Industries
  • Ingersoll Rand
  • LG
Other Prominent Vendors
  • AB Electrolux
  • GD Midea
  • Gree Electric Appliances
  • Haier
  • Lennox International
  • Nortek
  • Paloma Industries
  • Samsung
  • Siemens
Key Market Driver
  • Need for Energy-efficient HVAC Systems
  • For a full, detailed list, view our report
Key Market Challenge
  • Environmental Regulations and Guidelines
  • For a full, detailed list, view our report
Key Market Trend
  • Shift toward Green Technology
  • 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 – HVAC Equipment Market in China 2015-2019

Technavio recognizes the following companies as the key players in the HVAC Equipment Market in China: Carrier, Daikin Industries, Ingersoll Rand and LG

Other Prominent Vendors in the market are: AB Electrolux, GD Midea, Gree Electric Appliances, Haier, Lennox International, Nortek, Paloma Industries, Samsung and Siemens

Commenting on the report, an analyst from Technavio’s team said: “The HVAC equipment market in China is shifting toward green technology and the use of smart solutions. The green initiative has been taken up by different countries to promote clean energy. With the advent of hybrid systems and non-polluting refrigerants, HVAC vendors and end-users are shifting toward green technology. In addition, HVAC vendors are developing new heating and cooling equipment compatible with eco-friendly refrigerants. To align themselves with green technology, companies are manufacturing HVAC systems that meet and exceed guidelines for ENERGY STAR ratings and Energy Guide labels. Some of the major limitations for the growth of green HVAC are regulations, public awareness, and uneven demand.”

According to the report, end-users prefer using energy-efficient HVAC equipment to reduce their operating expenses; HVAC systems account for 60%-70% of the energy cost of a building. Thus, this impulse for energy saving has been driving consumers and businesses to buy HVAC equipment. In addition, the international fossil fuel market is always under pressure because there is hardly any reserve capacity. This makes the fossil fuel prices sensitive to energy demand. Thus, reduced energy demand will result in reduced fossil fuel prices. Since about 60% of China's electricity is produced from fossil fuels, it will lead to reduced electricity prices. Thus, the reduced electricity prices are expected to encourage people to opt for the latest technology HVAC equipment.

Further, the report states that many HVAC market vendors are expected to find it difficult to comply with the norms as they require intensive restructuring of their business models, which is expected to lead to heavy investment in the market during the forecast period.

Companies Mentioned

Carrier, Daikin Industries, Ingersoll Rand, LG, AB Electrolux, GD Midea, Gree Electric Appliances, Haier, Lennox International, Nortek, Paloma Industries, Samsung, Siemens

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table HVAC Equipment Market in China by Product Segmentation 2014
      • Table HVAC Equipment Market in China by End-user Segmentation 2014
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Basic Components of HVAC System
        • Table Basic Components of HVAC System
    • Supply Chain and Value Chain Analysis
      • Table Supply Chain and Value Chain Analysis
    • Advances in Technology in HVAC
      • Table Advances in Technology in HVAC
    • Market Size and Forecast
      • Table HVAC Equipment Market in China 2014-2019 ($ billions)
    • Five Forces Analysis
  • Market Segmentation by Application
    • HVAC Equipment Market in China by Application 2014-2019
      • Table HVAC Equipment Market in China by Application 2014-2019
    • HVAC Equipment Market in China by Cooling Equipment
      • Market Size and Forecast
        • Table HVAC Equipment Market in China by Cooling Equipment 2014-2019 ($ billions)
    • HVAC Equipment Market in China by Heating Equipment
      • Market Size and Forecast
        • Table HVAC Equipment Market in China by Heating Equipment 2014-2019 ($ billions)
    • HVAC Equipment Market in China by Ventilation Equipment
      • Market Size and Forecast
        • Table HVAC Equipment Market in China by Ventilation Equipment ($ billions)
  • Market Segmentation by End-users
    • HVAC Equipment Market in China by End-user 2014-2019
      • Table HVAC Equipment Market in China by End-user 2014-2019
    • HVAC Equipment Market in China by Residential Sector
      • Market Size and Forecast
        • Table HVAC Equipment Market in China by Residential Sector 2014-2019 ($ billions)
    • HVAC Equipment Market in China by Non-residential Sector
      • Market Size and Forecast
        • Table HVAC Equipment Market in China by Non-residential Sector 2014-2019 ($ billions)
  • Buying Criteria
  • Market Growth Drivers
    • Table China GDP Growth Rate 2007-2015
    • Table China's Construction Sector
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table China's Green HVAC Market
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Carrier
      • Key Facts
      • Business Overview
      • Business Segmentation 2014
        • Table HVAC Equipment Market in China: Business Segmentation 2014
      • Recent Developments
      • SWOT Analysis
    • Daikin Industries
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Daikin Industries: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Daikin Industries: Business Segmentation by Revenue 2013 and 2014 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Daikin Industries: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Ingersoll-Rand
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Ingersoll-Rand: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Ingersoll-Rand: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Ingersoll-Rand: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • LG
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table LG: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table LG: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Sales by Geography 2013
        • Table LG : Sales by Geography 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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