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HVAC Systems Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Global HVAC Systems Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.2.4 Challenges
3.3. Porter’s Five Forces Analysis
3.4. IGR – Growth Matrix Analysis
3.5. Competitive Landscape in the HVAC Systems Market
4. Global HVAC Systems Market : IGR Snapshots
4.1. Global HVAC Systems Market Key Trends
4.2. Global HVAC Systems Market by Application
4.3. Global HVAC Systems Market by Equipment Type
4.4. Global HVAC Systems Market by Implementation Type
4.5. Global HVAC Systems Market by Software & Service
5. Global HVAC Systems Market by Application(USD Million, KT) 2017 – 2023
5.1. Automotive
5.2. Commercial
5.3. Industrial
5.4. Residential
6. Global HVAC Systems Market by Equipment Type (USD Million, KT) 2017 – 2023
6.1. Heating
6.1.1 Boiler
6.1.2 Furnace
6.1.3 Heat Pump
6.1.4 Unitary Heater
6.1.5 Others
6.2 Ventilation
6.2.1 Air Filter
6.2.2 Air Purifier
6.2.3 Dehumidifier
6.2.4 Humidifier
6.2.5 Ventilation Fan
6.2.6 Others
6.3 Cooling
6.3.1 Cooler
6.3.2 Cooling Tower
6.3.3 Chiller
6.3.4 Room Air-Conditioner
6.3.5 Unitary Air-Conditioner
7. Global HVAC Systems Market by Implementation Type(USD Million, KT) 2017 – 2023
7.1 New Construction
7.2 Retrofit Building
7.3 Others
8. Global HVAC Systems Market by Software & Service(USD Million, KT) 2017 – 2023
8.1. Software
8.1.1 Heat Load Calculation Software
8.1.2 Design Software
8.1.3 Scheduling Software
8.1.4 Service Software
8.1.5 Others
8.2 Service
8.2.1 Installation
8.2.2 Maintenance & Repair
9. Global HVAC Systems Market Analysis, by Region (USD Million, KT) 2017 – 2023
9.1 North America
9.1.1 North America HVAC Systems Market by Application (USD Million, KT)
9.1.2 North America HVAC Systems Market by Equipment Type (USD Million, KT)
9.1.3 North America HVAC Systems Market by Implementation Type (USD Million, KT)
9.1.3 North America HVAC Systems Market by Software & Service (USD Million, KT)
9.1.4 North America HVAC Systems Market by Country (USD Million, KT)
9.2. Europe
9.2.1 Europe HVAC Systems Market by Application (USD Million, KT)
9.2.2 Europe HVAC Systems Market by Equipment Type (USD Million, KT)
9.2.3 Europe HVAC Systems Marketby Implementation Type (USD Million, KT)
9.2.4 Europe HVAC Systems Marketby Software & Service (USD Million, KT)
9.2.5 Europe HVAC Systems Market by Country (USD Million, KT)
9.3. Asia-Pacific
9.3.1 Asia-Pacific HVAC Systems Marketby Application (USD Million, KT)
9.3.2 Asia-Pacific HVAC Systems MarketbyEquipment Type (USD Million, KT)
9.3.3 Asia-Pacific HVAC Systems Market by Implementation Type (USD Million, KT)
9.3.4 Asia-Pacific HVAC Systems Marketby Software & Service (USD Million, KT)
9.3.5 Asia-Pacific HVAC Systems Market by Country (USD Million, KT)
9.4. Rest of the World (RoW)
9.4.1 RoWHVAC Systems Market by Application (USD Million, KT)
9.4.2 RoWHVAC Systems Market by Equipment Type (USD Million, KT)
9.4.2 RoWHVAC Systems Market by Implementation Type (USD Million, KT)
9.4.3 RoWHVAC Systems Market by Software & Service (USD Million, KT)
10. Company Profiles
10.1 Daikin Industries Ltd
10.2 Electrolux AB
10.3 Johnson Controls Inc
10.4 Ingersoll-Rand Plc
10.5 LG Electronics
10.6 Lennox International
10.7 Mitsubishi Electric
10.8 Nortek Inc
10.9 Qingdao Haier Co.Ltd
10.10 Samsung Electronics
10.11 United Technologies Corporation
10.12 Whirlpool Corporation

HVAC Systems Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

The report on global HVAC systems market provides qualitative and quantitative analysis for the period of 2015 t2023. The report predicts the global HVAC systems market tgrow with a CAGR between 5.5% and 5.9% from 2017 t2023. The global HVAC systems marketsize was USD XXX.xx billion in 2015.The study on HVAC systems market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies,North America and Europe are the major HVAC systems markets with significant growth. Asia-Pacific is anticipated tbecome the fastest growing HVAC systems market in terms of CAGRand the largest market over the forecast period 2017-2023.

The report on global HVAC systems market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global HVAC systems market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that driving, restraining the global HVAC systems market. Porter’s five forces model in the report provides insights intthe competitive rivalry in the global HVAC systems market over the period of 2015 – 2023. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research methodology

• Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

• Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include

• Company reports and publications

• Government/institutional publications

• Trade and associations’ journals

• Databases such as WTO, OECD, and World Bank, among others.

• Websites and publications by research agencies

Report Findings

1) Drivers

• Increasing demand due textreme weather conditions

• Tax credit programmes & regulations

• Increasing investments in construction sector

• Growing demand due tthe need for upgradation or refurbishment

• Technological advancements

2) Restraints

• High energy consumption

• High emissions from boiler based HVAC systems

• Stringent regulations

3) Opportunities

• Countries with extreme weather conditions

• Construction boom

• Eco-friendly and energy efficient systems

Segments Covered

1) Global HVAC Systems Market by Application

a. Automotive

b. Commercial

c. Industrial

d. Residential

2) Global HVAC Systems Market by Equipment Type

a. Heating

Boiler

Furnace

Heat Pump

Unitary Heater

Others

b. Ventilation

Air Filter

Air Purifier

Dehumidifier

Humidifier

Ventilation Fan

Others

c. Cooling

Cooler

Cooling Tower

Chiller

Room Air-Conditioner

Unitary Air-Conditioner

3) Global HVAC Systems Market by Implementation Type

a. New Construction

b. Retrofit Building

c. Others

4) Global HVAC Systems Market by Software & Service

a. Software

Heat Load Calculation Software

Design Software

Scheduling Software

Service Software

Others

b. Service

Installation

Maintenance & Repair

Companies Profiled:

The companies covered in the report include

• Daikin Industries Ltd

• Electrolux AB

• Johnson Controls Inc

• Ingersoll-Rand Plc

• LG Electronics

• Lennox International

• Mitsubishi Electric

• Nortek Inc

• QingdaHaier Co.Ltd

• Samsung Electronics

• United Technologies Corporation

• Whirlpool Corporation

Reasons tbuy this report

1) Comprehensive analysis of global as well as regional markets of passive optical LAN

2) Complete coverage of all the applications segments tanalyze the trends, developments in HVAC systems market, and forecast of market size up t2023.

3) Comprehensive analysis of the companies operating in HVAC systems market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4) Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus tinvest, consolidate, expand and/or diversify.


Heating, Ventilation and Air Conditioning systems are mechanical systems which impart thermal comfort as well as quality air in a particular indoor space. HVAC systems control the environmental conditions in the working space by cooling or cooling. HVAC systems filterair, controls moisture and temperature as per predetermined requirements. HVAC systems remove airborne contaminants, improve the odor and infuse fresh air into the space.

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