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HVAC Controls Market by System (Temperature, Ventilation, Humidity, Integrated Controls), Component (Sensors, and Controllers & Controlled Devices), Implementation Type (New Construction, Retrofit), Application, and Geography - Global Forecast to 2023

HVAC Controls Market by System (Temperature, Ventilation, Humidity, Integrated Controls), Component (Sensors, and Controllers & Controlled Devices), Implementation Type (New Construction, Retrofit), Application, and Geography - Global Forecast to 2023

“HVAC controls market is expected to grow at a significant CAGR between 2018 and 2023”
The HVAC controls market was valued at USD 13.63 billion in 2018 and is expected to reach USD 27.04 billion by 2023, at a CAGR of 12.1% between 2018 and 2023. Major driving factors of the market include the need for efficient use of energy in buildings, growing construction market, increasing adoption of IoT in the HVAC industry, and rising demand for building automation systems (BASs). However, complexity in upgrading the existing HVAC systems pose a challenge for the market growth.

“Market for integrated control system is expected to grow at the highest CAGR between 2018 and 2023”
The integrated control system is expected to grow at the highest CAGR between 2018 and 2023. The integrated control system includes the combination of temperature, ventilation, and other control systems. This combined effect enables users to benefit from different features of different controls. Integrated control systems are also expected to integrate communication modes such as Wi-Fi, cloud computing, and Internet of Things (IoT), which would help in virtually controlling, monitoring, and maintaining HVAC systems from anywhere.

“Market for controllers and controlled equipment is expected to grow at the highest CAGR between 2018 and 2023”
Controlled equipment is responsible for the execution process of an HVAC control system. This equipment carries out physical operations to alter the temperature, humidity, and flow of air, and achieve user-defined standards of internal atmosphere. Controllers receive data from sensors, convert the data into a compatible format, and then compares them with user-defined parameters to make logical decisions to turn on or off HVAC equipment, controlled equipment, control valves, and dampers. These two major components helps in the proper execution of the process of HVAC.

“APAC to hold the largest share of the global HVAC controls market during the forecast period”
APAC is expected to hold the largest share of the HVAC controls market between 2018 and 2023. In APAC, growth in building construction and strict regulations for maintaining high energy efficiency of the HVAC equipment in new buildings are increasing. China plans to have 50% of all the new buildings to be certified as green buildings by 2020. This requires an efficient utility of energy, which can be achieved with the use of energy-efficient HVAC systems and HVAC controls. India, being the second-most populated country, has a large number of infrastructure projects, including residential and commercial. Increasing awareness about energy preservation through the use of energy-efficient equipment is fueling the growth of the smart home industry in India. Initiatives such as Foreign Direct Investment (FDI), expansion of metro rail, smart city projects, and “Housing for All by 2020” are expected to boost the demand for HVAC controls in this country.

Breakdown of the profiles of primary participants for the report has been given below:
By Company Type: Tier 1 = 44%, Tier 2 = 32%, and Tier 3 = 24%
By Designation: C-Level Executives = 43%, Directors = 37%, and Others = 20%
By Region: North America = 45%, Europe= 22%, APAC = 24%, and RoW = 9%
Key players operating in the HVAC controls market are Honeywell (US), Johnson Controls (US), Siemens (Germany), Schneider Electric (France), Emerson (US), Delta Controls (Canada), Ingersoll-Rand (Ireland), United Technologies (US), Lennox (US), and Distech Controls (Canada).

Research Coverage
The research report analyzes the HVAC controls market on the basis of system, component, implementation type, application, and geography. Based on system, the HVAC controls market has been classified into temperature, ventilation, humidity, and integrated control system. The market has been segmented on the basis of component into sensors and controllers & controlled devices. Based on implementation type, the market has been segmented into new construction and retrofit. Based on application, the HVAC controls market has been classified into residential, commercial and industrial. The report covers 4 major regions—North America, Europe, APAC, and RoW.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast of the market based on system, component, implementation type, application, and geography have been conducted to give an overall view of the HVAC controls market.
Major drivers, restraints, opportunities, and challenges pertaining to the HVAC controls market have been detailed in this report.
The report includes a detailed competitive landscape, along with the profiles of key market players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES FOR THE HVAC CONTROLS MARKET
    • HVAC CONTROLS MARKET, BY SYSTEM (2018-2023)
    • HVAC CONTROLS MARKET, BY COMPONENT (2018-2023)
    • HVAC CONTROLS MARKET, BY APPLICATION (2018-2023)
    • HVAC CONTROLS MARKET IN APAC, BY COMPONENT (2018)
    • HVAC CONTROLS MARKET, BY GEOGRAPHY (2018)
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGE
  • HVAC CONTROLS MARKET, BY SYSTEM
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY SYSTEM, 2015-2023 (USD BILLION)
    • TEMPERATURE CONTROL SYSTEM
      • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEM, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEM, BY APPLICATION, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEM, BY REGION, 2015-2023 (USD BILLION)
    • VENTILATION CONTROL SYSTEM
      • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROLS SYSTEM, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROL SYSTEM, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROL SYSTEM, BY REGION, 2015-2023 (USD MILLION)
    • HUMIDITY CONTROL SYSTEM
      • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEM, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEM, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEM, BY REGION, 2015-2023 (USD MILLION)
    • INTEGRATED CONTROL SYSTEM
      • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEM, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEM, BY APPLICATION, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEM, BY REGION, 2015-2023 (USD BILLION)
  • HVAC CONTROLS MARKET, BY COMPONENTS
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY COMPONENTS, 2015-2023 (USD BILLION)
    • SENSORS
      • Table HVAC CONTROLS MARKET SIZE, BY SENSOR, 2015-2023 (USD BILLION AND BILLION UNITS)
      • BY TYPE
        • Table HVAC CONTROLS MARKET OF SENSORS, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • SENSORS, BY CONNECTION TYPE
        • Table HVAC CONTROLS MARKET OF SENSORS, BY CONNECTION TYPE, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET OF WIRED SENSORS, BY APPLICATION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET OF WIRED SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET OF WIRELESS SENSORS, BY APPLICATION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET OF WIRELESS SENSORS, BY REGION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR SENSORS, BY SYSTEM, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR SENSORS, BY APPLICATION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR SENSORS, BY REGION, 2015-2023 (USD MILLION)
    • CONTROLLERS AND CONTROLLED DEVICES
      • CONTROLLED EQUIPMENT
      • SMART VENTS
      • CONTROLLERS
        • Table HVAC CONTROLS MARKET, BY CONTROLLERS AND CONTROLLED EQUIPMENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR CONTROLLERS AND CONTROLLED EQUIPMENT, BY SYSTEM, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR CONTROLLERS AND CONTROLLED EQUIPMENT, BY APPLICATION, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR CONTROLLERS AND CONTROLLED EQUIPMENT, BY REGION, 2015-2023 (USD BILLION)
  • HVAC CONTROLS MARKET, BY IMPLEMENTATION TYPE
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY IMPLEMENTATION TYPE, 2015-2023 (USD BILLION)
    • NEW CONSTRUCTION
    • RETROFIT
  • HVAC CONTROLS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • RESIDENTIAL
      • Table HVAC CONTROLS MARKET FOR RESIDENTIAL APPLICATION, BY SYSTEM, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR RESIDENTIAL APPLICATION, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR RESIDENTIAL APPLICATION, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
    • COMMERCIAL
      • Table DIFFERENCE BETWEEN RESIDENTIAL AND COMMERCIAL APPLICATIONS
      • OFFICE BUILDINGS
      • EDUCATION CENTERS
      • HEALTHCARE CENTERS
      • HOSPITALITY
      • RETAIL CENTERS
      • OTHERS
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL APPLICATION, BY SYSTEM, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL APPLICATION, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL APPLICATION, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
    • INDUSTRIAL
      • Table HVAC CONTROLS MARKET FOR INDUSTRIAL APPLICATION, BY SYSTEM, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR INDUSTRIAL APPLICATION, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2015-2023 (USD MILLION)
      • Table HVAC CONTROLS MARKET FOR INDUSTRIAL APPLICATION, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY REGION, 2015-2023 (USD BILLION)
    • NORTH AMERICA
      • REGULATORY FRAMEWORK
      • EVENTS TO BE HELD IN NORTH AMERICA IN 2018
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY SYSTEM, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY SYSTEM, 2015-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • REGULATORY FRAMEWORK
      • EVENTS TO BE HELD IN EUROPE IN 2018
        • Table LIST OF EVENTS TO BE HELD IN EUROPE IN 2018
        • Table HVAC CONTROLS MARKET IN EUROPE, BY COUNTRY/REGION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY SYSTEM, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
      • UK
      • GERMANY
        • Table GERMAN GREENHOUSE GAS EMISSION REDUCTION SECTOR TARGETS 2030
      • FRANCE
      • REST OF EUROPE
    • APAC
      • REGULATORY FRAMEWORK
      • EVENTS TO BE HELD IN APAC IN 2018
        • Table LIST OF EVENTS TO BE HELD IN APAC IN 2018
        • Table HVAC CONTROLS MARKET IN APAC, BY COUNTRY, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN APAC, BY SYSTEM, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN APAC, BY APPLICATION, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN APAC, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR SENSORS IN APAC, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
      • CHINA
      • INDIA
      • JAPAN
      • REST OF APAC
    • ROW
      • REGULATORY FRAMEWORK
      • EVENTS TO BE HELD IN ROW IN 2018
        • Table LIST OF EVENTS TO BE HELD IN ROW IN 2018
        • Table HVAC CONTROLS MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY SYSTEM, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY APPLICATION, 2015-2023 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY CONNECTION TYPE, 2015-2023 (USD MILLION)
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS, 2017
      • Table RANKING OF THE KEY PLAYERS IN THE HVAC CONTROLS MARKET, 2017
    • COMPETITIVE SITUATION AND TRENDS
      • PRODUCT LAUNCHES AND DEVELOPMENTS
      • ACQUISITIONS
      • JOINT VENTURES, MERGERS, CONTRACTS, AND AGREEMENTS
      • EXPANSIONS
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • HONEYWELL
      • JOHNSON CONTROLS
      • SCHNEIDER ELECTRIC
      • SIEMENS
      • UNITED TECHNOLOGIES
      • EMERSON ELECTRIC
      • INGERSOLL-RAND
      • LENNOX
      • DELTA CONTROLS
      • DISTECH CONTROLS
    • OTHER KEY PLAYERS
      • KMC CONTROLS
      • DAIKIN INDUSTRIES
      • LG ELECTRONICS
      • JACKSON SYSTEMS
      • PECO
      • BELIMO
      • APOLLO AMERICA
      • ICM CONTROLS
      • AZBIL
      • SAUTER
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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