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Global Heating, Ventilation and Air Conditioning (HVAC) Market - Industry Analysis & Outlook (2018-2022)

Global Heating, Ventilation and Air Conditioning (HVAC) Market - Industry Analysis & Outlook (2018-2022)

Heating, Ventilation and Air Conditioning (HVAC), is a technological system, which is used to provide cooling and heating facilities to the building. Heating appliances like heater, furnace and heat pumps, are used to generate heat in buildings via central heating or local heating. Ventilation appliances are used to change or replace air in any building to regulate temperature. And air conditioning appliances are used in cooling of indoor air for thermal comfort. HVAC equipment is classified into two categories residential and commercial. Residential HVAC equipment is further sub-classified into ductless and unitary, while, the commercial HVAC equipment is sub-classified into ductless, unitary and applied. Main components of an HVAC are compressor, motor, duct board, coils, control, copper tubing and refrigerants.

Asia Pacific emerged as a major region for the HVAC market due to rising HVAC equipment and aftermarket & system sales by the domestic companies and high HVAC replacement rate prevailing in China, India, Australia and Korea.

The global HVAC market is expected to grow with rising global population, accumulative construction activities, growing home automation market, intensifying annual mean temperature, accelerating economic growth and mounting e-commerce retail sales. Key trends and developments of this market includes growing smart thermostat market, high demand for invertor air conditioner (AC) in China, rising HVAC replacements in the U.S., technological innovations and developments and adoption of sustainable building designs. However, there are some factors which can hinder growth of the market including raw materials prices, stringent regulations, data infrastructure system security, retail consolidations and economic and political events.

The report “Global Heating, Ventilation and Air Conditioning (HVAC) Market: Industry Analysis & Outlook (2018-2022)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers, key tends & developments and challenges of the market, covering Asia Pacific, the Americas along with the global market. The report profiles the key players of the market including United Technologies Corporation (Carrier), Johnson Control International Plc; (York), Daikin Industries, Ltd. and Ingersoll-Rand Plc (Trane).


1. Heating, Ventilation and Air Conditioning (HVAC) Overview
1.1 An Introduction
Table 1: Types of HVAC Appliances
1.2 Types of HVAC Equipment
Table 2: Types of HVAC Equipment
1.3 Components of HVAC
Table 3: Components of HVAC
1.4 HVAC Value Chain
Table 4: HVAC Value Chain
2. Global Heating, Ventilation and Air Conditioning (HVAC) Market
2.1 HVAC Market Value Forecast
Table 5: Global HVAC Market Value Forecast (2017-2022)
2.2 HVAC Market Energy Consumption by Appliances
Table 6: HVAC Market Energy Consumption by Appliances (2017)
2.3 HVAC Market Value by Type
Table 7: Global HVAC Market Value by Type (2017)
2.3.1 Global HVAC Equipment Market by Value
Table 8: Global HVAC Equipment Market by Value (2013-2017)
2.3.2 Global HVAC Equipment Market Forecast by Value
Table 9: Global HVAC Equipment Market Forecast by Value (2018-2022)
2.3.3 Global HVAC Equipment Market Value by Type
Table 10: Global HVAC Equipment Market Value by Type (2017)
2.3.4 Global Commercial HVAC Equipment Market by Value
Table 11: Global Commercial HVAC Equipment Market by Value (2013-2017)
2.3.5 Global Commercial HVAC Equipment Market Forecast by Value
Table 12: Global Commercial HVAC Equipment Market Forecast by Value (2018-2022)
2.3.6 Global Commercial HVAC Equipment Market Value by Type
Table 13: Global Commercial HVAC Equipment Market Value by Type (2017)
2.3.7 Global Commercial Ductless HVAC Equipment Market Forecast by Value
Table 14: Global Commercial Ductless HVAC Equipment Market Forecast by Value (2017-2022)
2.3.8 Global Commercial Applied HVAC Equipment Market Forecast by Value
Table 15: Global Commercial Applied HVAC Equipment Market Forecast by Value (2017-2022)
2.3.9 Global Residential HVAC Equipment Market by Value
Table 16: Global Residential HVAC Equipment Market by Value (2013-2017)
2.3.10 Global Residential HVAC Equipment Market Forecast by Value
Table 17: Global Residential HVAC Equipment Market Forecast by Value (2018-2022)
2.3.11 Global Residential HVAC Equipment Market Value by Type
Table 18: Global Residential HVAC Equipment Market Value by Type (2017)
2.3.12 Global Residential Ductless/Window HVAC Equipment Market Forecast by Value
Table 19: Global Residential Ductless/Window HVAC Equipment Market Forecast by Value (2017-2022)
2.3.13 Global Residential Ducted/Unitary HVAC Equipment Market Forecast by Value
Table 20: Global Residential Ducted/Unitary HVAC Equipment Market Forecast by Value (2017-2022)
2.3.14 Global Residential HVAC Equipment Market by Volume
Table 21: Global Residential HVAC Equipment Market by Volume (2013-2017)
2.3.15 Global Residential HVAC Equipment Market Forecast by Volume
Table 22: Global Residential HVAC Equipment Market Forecast by Volume (2018-2022)
2.3.16 Global HVAC Aftermarket & Services Market Forecast by Value
Table 23: Global HVAC Aftermarket & Services Market Forecast by Value (2017-2022)
2.3.17 Global HVAC Aftermarket & Services Market Value by Type
Table 24: Global HVAC Aftermarket & Services Market Value by Type (2017)
2.4 HVAC Market Value by Region
Table 25: Global HVAC Market Value by Region (2017)
3. Regional Heating, Ventilation and Air Conditioning (HVAC) Market
3.1 Asia Pacific
3.1.1 Asia Pacific HVAC Market Forecast by Value
Table 26: Asia Pacific HVAC Market Forecast by Value (2017-2022)
3.1.2 Asia Pacific HVAC Market Value by Types
Table 27: Asia Pacific HVAC Market Value by Types (2017)
3.1.3 Asia Pacific HVAC Equipment Market Forecast by Value
Table 28: Asia Pacific HVAC Equipment Market Forecast by Value (2017-2022)
3.2 The Americas
3.2.1 The Americas HVAC Market Forecast by Value
Table 29: The Americas HVAC Market Forecast by Value (2017-2022)
3.2.2 North America HVAC Equipment Market Forecast by Value
Table 30: North America HVAC Equipment Market Forecast by Value (2017-2022)
3.2.3 North America HVAC Equipment Market Value by Type
Table 31: North America HVAC Equipment Market Value by Type (2017-2022)
3.2.4 North America Residential HVAC Equipment Market Forecast by Value
Table 32: North America Residential HVAC Equipment Market Forecast by Value (2017-2022)
3.2.5 North America Commercial HVAC Equipment Market Forecast by Value
Table 33: North America Commercial HVAC Equipment Market Forecast by Value (2017-2022)
3.2.6 The U.S. HVAC Equipment Market Forecast by Value
Table 34: The U.S. HVAC Equipment Market Forecast by Value (2017-2022)
3.2.7 The U.S. HVAC Equipment Market Value by Type
Table 35: The U.S. HVAC Equipment Market Value by Type (2017)
3.2.8 The U.S. Commercial HVAC Equipment Market Forecast by Value
Table 36: The U.S. Commercial HVAC Equipment Market Forecast by Value (2017-2022)
3.2.9 The U.S. Commercial HVAC Equipment Market Value by Type
Table 37: The U.S. Commercial HVAC Equipment Market Value by Type (2017)
3.2.10 The U.S. Commercial Unitary HVAC Equipment Market Forecast by Value
Table 38: The U.S. Commercial Unitary HVAC Equipment Market Forecast by Value (2017-2022)
3.2.11 The U.S. Commercial Applied HVAC Equipment Market Forecast by Value
Table 39: The U.S. Commercial Applied HVAC Equipment Market Forecast by Value (2017- 2022)
3.2.12 The U.S. Residential HVAC Equipment Market Forecast by Value
Table 40: The U.S. Residential HVAC Equipment Market Forecast by Value (2017-2022)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Global Population
Table 41: Global Population (2013-2017)
4.1.2 Accumulative Construction Activities
Table 42: Global Construction Expenditure (2013-2017)
4.1.3 Growing Home Automation Market
Table 43: Global Home Automation Market (2017-2022)
4.1.4 Intensifying Annual Mean Temperature
Table 44: Global Annual Mean (Land-Ocean Temperature Index) (2013-2017)
4.1.5 Accelerating Economic Growth
Table 45: Global GDP Per Capita (2013-2017)
4.1.6 Mounting E-Commerce Retail Sales
Table 46: Increasing E-Commerce Retail Sales (2013-2017)
4.2 Key Trends and Developments
4.2.1 Growing Smart Thermostat Market
Table 47: Global Smart Thermostat Market (2013-2017)
4.2.2 High Demand for Invertor Air Conditioner (AC) in China
Table 48: China Air Conditioner (AC) Market (2013-2017)
4.2.3 Rising HVAC Replacements in the U.S.
Table 49: The U.S. HVAC Replacement Rate (2013-2017)
4.2.4 Technological Innovations and Developments
4.2.5 Adoption of Sustainable Building Designs
4.3 Challenges
4.3.1 Raw Materials Prices
Table 50: Global Copper Prices (2013-2017)
Table 51: Global Iron Ore Prices (2013-2017)
4.3.2 Stringent Regulations
4.3.3 Data Infrastructure System Security
4.3.4 Retail Consolidations
4.3.5 Economic and Political Events
5. Competitive Landscape
5.1 Global HVAC Market
5.1.1 Revenue Comparison of Key Players
Table 52: Key Players – Revenues Comparison (2017)
5.1.2 Market Cap Comparison of Key Players
Table 53: Key Players - Market Cap Comparison (2018*)
5.1.3 Global HVAC Equipment Market Share by Company
Table 54: Global HVAC Equipment Market Share by Company (2017)
5.1.4 Global Residential Unitary HVAC Equipment Market Share by Company
Table 55: Global Residential Unitary HVAC Equipment Market Share by Company (2017)
5.1.5 Global Commercial Unitary HVAC Equipment Market Share by Company
Table 56: Global Commercial Unitary HVAC Equipment Market Share by Company (2017)
5.1.6 Global Commercial Applied HVAC Equipment Market Share by Company
Table 57: Global Commercial Applied HVAC Equipment Market Share by Company (2017)
5.1.7 Global HVAC Aftermarket & Services Market Share by Company
Table 58: Global HVAC Aftermarket & Services Market Share by Company (2017)
5.2 North America HVAC Market
5.2.1 North America HVAC Equipment Market Share by Company
Table 59: North America HVAC Equipment Market Share by Company (2017)
6. Company Profiles
6.1 Daikin Industries, Ltd.
6.1.1 Business Overview
Table 60: Daikin Industries, Ltd. Net Sales by Business Segments (2017*)
6.1.2 Financial Overview
Table 61: Daikin Industries, Ltd. Net Sales and Net Income (2013-2017*)
6.1.3 Business Strategies
Table 62: Daikin Industries, Ltd. A&P Expenditures (2015-2017*)
Table 63: Daikin Industries, Ltd. R&D Expenditures (2015-2017*)
6.2 United Technologies Corporation (Carrier)
6.2.1 Business Overview
Table 64: United Technologies Corporation (Carrier) Net Sales by Business Segments (2017)
6.2.2 Financial Overview
Table 65: United Technologies Corporation (Carrier) Net Sales and Net Income (2013-2017)
6.2.3 Business Strategies
Table 66: United Technologies Corporation (Carrier) R&D Expenditures (2015-2017)
Table 67: United Technologies Corporation (Carrier) New Product Launches (2018)
6.3 Ingersoll-Rand Plc (Trane)
6.3.1 Business Overview
Table 68: Ingersoll-Rand Plc (Trane) Net Revenues by Business Segments (2017)
6.3.2 Financial Overview
Table 69: Ingersoll-Rand Plc (Trane) Net Revenues and Net Earnings (2013-2017)
6.3.3 Business Strategies
Table 70: Ingersoll-Rand Plc (Trane) R&D Expenditures (2015-2017)
Table 71: Ingersoll-Rand Plc (Trane) Significant Agreements (2018/2017)
6.4 Johnson Controls International Plc (York)
6.4.1 Business Overview
Table 72: Johnson Controls International Net Sales by Business Segments (2017*)
6.4.2 Financial Overview
Table 73: Johnson Controls International Net Sales and Net Income (Loss) (2013-2017*)
6.4.3 Business Strategies
Table 74: Johnson Controls International Plc A&P Expenditures (2015-2017*)

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