Market Research Logo

HVAC Controls Market by System (Temperature, Ventilation, Humidity & Integrated Controls), Component (Sensors and Controllers & Controlled Devices), Revenue Source (HVAC Controls & BEMS), Application, and Geography - Global Trend and Forecast to 2022

HVAC Controls Market by System (Temperature, Ventilation, Humidity & Integrated Controls), Component (Sensors and Controllers & Controlled Devices), Revenue Source (HVAC Controls & BEMS), Application, and Geography - Global Trend and Forecast to 2022

“The HVAC controls market to experience high growth in the coming years”
The HVAC controls market is expected to reach USD 17.51 billion by 2022 at a CAGR of 10.8% between 2016 and 2022. The main factors which positively impact the HVAC controls market are the demand for improved energy-efficient devices and low environmental impact with the use of HVAC controls, increasing use of IP technology, growing number of construction activities, and increased legislation and energy management initiatives for increasing the adoption of HVAC. The high level of efficiency through wireless controls and sensors and tax reduction offered by government for the implementation of HVAC controls are some of the other factors supporting the growth of the market.

“Market for commercial buildings application expected to grow at a high CAGR during the forecast period”
The market for the commercial buildings application—which includes office buildings, educational centers, healthcare centers, hospitality centers, retail centers, and others—is expected to grow at a high CAGR. HVAC system is the highest energy consumer in commercial places. Various government regulations and tax credit schemes for retrofits are encouraging the growth of the HVAC controls market. Additionally, Federal Energy Policy Act of 2005 also provides a tax credit to the owners of new or existing commercial buildings on the implementation of heating, cooling, ventilation, or hot water systems which would help to reduce the total energy consumption of the building and also reduce energy-related costs. Thus, the owners of commercial building increasingly prefer implementing HVAC controls to reduce the energy consumption.

“Asia-Pacific market expected to witness high growth”
The increasing real estate and infrastructural activity in the Asia-Pacific region along with the increasing population and urbanization in countries such as China and India drive the growth of the market for HVAC controls. HVAC controls are gradually becoming an integral part of digitalized households. The market for HVAC controls in the residential, commercial, as well as industrial buildings applications is expected to grow with the new construction activities which are expected to implement HVAC controls on a large scale. Integrated control systems are expected to hold the largest share of the market in the future owing to its benefit of offering different controls through a single device.

Break-up of the profile of primary participants for the report is as given below:
By Company Type - Tier 1 – 45 %, Tier 2 – 32%, and Tier 3 – 23%
By Designation – C level – 40%, Director level – 28%, Manager level – 32%
By Region – North America - 48%, Europe – 15%, APAC – 32%, RoW – 5%

The major companies involved in the development of HVAC controls market include Delta Controls Inc. (U.S.), Distech Controls Inc. (U.S.), Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S.), Ingersoll Rand Plc. (Ireland), Johnson Controls, Inc. (U.S.), KMC Controls Inc. (U.S.), Lennox International Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and United Technologies Corporation (U.S.).

Reasons to buy the report:
This report includes the market statistics pertaining to system, component, revenue source, application, and geography along with their respective revenues.
The Porter’s five forces framework has been provided along with the value chain analysis to provide an in-depth insight into the HVAC controls market.
The major drivers, restraints, challenges, and opportunities for the HVAC controls market have been detailed in this report.
Illustrative segmentation, analyses, and forecast for the markets based on system, component, revenue source, application, and geography have been conducted to give an overall view of the HVAC controls market.
The detailed competitive landscape includes key players, in-depth analysis of the competitive situation, and revenue of key players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • HVAC CONTROLS MARKET EXPECTED TO HAVE HUGE GROWTH OPPORTUNITIES IN APAC
    • HVAC CONTROLS MARKET, BY SYSTEM (2016–2022)
    • HVAC CONTROLS MARKET, BY REGION AND SYSTEM
    • HVAC CONTROLS MARKET, BY GEOGRAPHY (2015)
    • HVAC CONTROLS MARKET, BY APPLICATION
    • HVAC CONTROLS MARKET, BY COMPONENT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY SYSTEM
        • Table HVAC CONTROLS MARKET, BY SYSTEM
      • BY COMPONENT
        • Table HVAC CONTROLS MARKET, BY COMPONENT
      • BY REVENUE SOURCE
        • Table HVAC CONTROLS MARKET, BY REVENUE SOURCE
      • BY APPLICATION
        • Table HVAC CONTROLS MARKET, BY APPLICATION
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table NEED FOR IMPROVED ENERGY EFFICIENCY AND LOW ENVIRONMENTAL IMPACT EXPECTED TO DRIVE THE MARKET
      • RESTRAINTS
        • Table LACK OF AWARENESS REGARDING BENEFITS OF HVAC CONTROLS
      • OPPORTUNITIES
        • Table GROWING CONSUMER INCLINATION TOWARD SMART DEVICES
      • CHALLENGES
        • Table COMPLEXITY IN RETROFITS OF EXISTING BUILDINGS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • INTENSITY OF COMPETITIVE RIVALRY
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
  • HVAC CONTROLS MARKET, BY SYSTEM
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY SYSTEM, 2013–2022 (USD BILLION)
    • TEMPERATURE CONTROL SYSTEM
      • TYPES OF TEMPERATURE CONTROL SYSTEMS
        • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEMS, BY COMPONENT, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEMS, BY APPLICATION, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR TEMPERATURE CONTROL SYSTEMS, BY REGION, 2013–2022 (USD MILLION)
    • VENTILATION CONTROL SYSTEM
      • AUTOMATIC VENTILATION PROCESS BY DEMAND-CONTROLLED VENTILATION
        • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROL SYSTEMS, BY COMPONENT, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROL SYSTEMS, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR VENTILATION CONTROL SYSTEMS, BY REGION, 2013–2022 (USD MILLION)
    • HUMIDITY CONTROL SYSTEMS
      • TEMPERATURE AND RELATIVE HUMIDITY ARE PROPORTIONAL TO EACH OTHER
      • NEED FOR HUMIDITY CONTROL
        • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEMS, BY COMPONENT, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEMS, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR HUMIDITY CONTROL SYSTEMS, BY REGION, 2013–2022 (USD MILLION)
    • INTEGRATED CONTROL SYSTEMS
      • ADVANTAGES OF INTEGRATED CONTROL SYSTEMS
        • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEMS, BY COMPONENT, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEMS, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR INTEGRATED CONTROL SYSTEMS, BY REGION, 2013–2022 (USD MILLION)
  • HVAC CONTROLS MARKET, BY COMPONENT
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY COMPONENT, 2013–2022 (USD BILLION)
    • SENSORS
      • Table HVAC CONTROLS MARKET SIZE, BY SENSOR, 2013–2022 (USD BILLION) (BILLION UNITS)
      • BY SENSOR TYPE
        • Table HVAC CONTROLS MARKET FOR SENSORS, BY SYSTEM, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR SENSOR, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR SENSORS, BY REGION, 2013–2022 (USD BILLION)
      • BY CONNECTION TYPE
    • CONTROLLERS & CONTROLLED DEVICES
      • Table HVAC CONTROLS MARKET FOR CONTROLLERS AND CONTROLLED DEVICES, BY COMPONENT, 2013–2022 (USD BILLION)
      • Table HVAC CONTROLS MARKET FOR CONTROLLERS AND CONTROLLED DEVICES, BY SYSTEM, 2013–2022 (USD BILLION)
      • CONTROLLED EQUIPMENT
        • Table HVAC CONTROLS MARKET FOR CONTROLLED EQUIPMENT, BY COMPONENT, 2013–2022 (USD BILLION)
      • SMART VENTS
      • CONTROLLERS
      • CONTROL SYSTEMS
        • Table HVAC CONTROLS MARKET FOR CONTROLLERS & CONTROLLED DEVICES, BY APPLICATION, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR CONTROLLERS & CONTROLLED DEVICES, BY REGION, 2013–2022 (USD BILLION)
  • HVAC CONTROLS MARKET, BY REVENUE SOURCE
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY REVENUE SOURCE, 2013–2022 (USD BILLION)
    • HVAC CONTROLS
      • INCREASING DEMAND FROM COMMERCIAL AND RESIDENTIAL BUILDINGS
    • BUILDING ENERGY MANAGEMENT SYSTEMS (BEMS)
      • COMPARING THE NEED FOR ENERGY WITH THE ACTUAL ENERGY CONSUMPTION
      • USE OF BUILDING AUTOMATION SYSTEMS
      • MAINTENANCE AND IMPROVEMENT
  • HVAC CONTROLS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY APPLICATION, 2013–2022 (USD BILLION)
    • RESIDENTIAL BUILDINGS
      • ENERGY CRISIS: A MAJOR GLOBAL CONCERN
      • REGULATION AND TAX CREDIT PROMOTE HVAC
        • Table HVAC CONTROLS MARKET IN RESIDENTIAL BUILDINGS APPLICATION, BY SYSTEM, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR RESIDENTIAL BUILDINGS APPLICATION, BY COMPONENT, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR RESIDENTIAL BUILDINGS APPLICATION, BY REGION, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR RESIDENTIAL BUILDINGS APPLICATION IN NORTH AMERICA, BY COUNTRY 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR RESIDENTIAL BUILDINGS APPLICATION IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN RESIDENTIAL BUILDINGS APPLICATION IN APAC, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR RESIDENTIAL BUILDINGS APPLICATION IN ROW, BY REGION, 2013–2022 (USD MILLION)
    • INDUSTRIAL BUILDINGS
      • IMPLEMENTATION OF HVAC ENSURES A HEALTHY AND PRODUCTIVE ENVIRONMENT
      • EFFICIENT HVAC SYSTEM IN INDUSTRIES HELPS TO REDUCE ENERGY COST
        • Table HVAC CONTROLS MARKET FOR INDUSTRIAL BUILDINGS APPLICATION, BY SYSTEM, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR INDUSTRIAL BUILDINGS APPLICATION, BY COMPONENT, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FO INDUSTRIAL BUILDINGS APPLICATION, BY REGION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN INDUSTRIAL BUILDINGS APPLICATION IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN INDUSTRIAL BUILDINGS APPLICATION IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR INDUSTRIAL BUILDINGS APPLICATION IN APAC, BY COUNTRY 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN INDUSTRIAL BUILDINGS APPLICATION IN ROW, BY REGION, 2013–2022 (USD MILLION)
    • COMMERCIAL BUILDINGS
      • REGULATIONS AND TAX BENEFITS FOR RETROFITS EXPECTED TO BOOST THE MARKET
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION, BY BUILDING TYPE, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION, BY SYSTEM, 2013–2022 (USD BILLION)
      • OFFICE BUILDINGS
      • EDUCATIONAL CENTERS
      • HEALTHCARE CENTERS
      • HOSPITALITY CENTERS
      • RETAIL CENTERS
      • OTHERS
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION, BY COMPONENT, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION, BY REGION, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN COMMERCIAL BUILDINGS APPLICATION IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION IN APAC, BY COUNTRY, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET FOR COMMERCIAL BUILDINGS APPLICATION IN ROW, BY REGION, 2013–2022 (USD MILLION)
  • HVAC CONTROLS MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table HVAC CONTROLS MARKET, BY REGION, 2013–2022 (USD BILLION)
    • NORTH AMERICA
      • REGULATORY FRAMEWORKS
      • EVENTS TO BE HELD IN NORTH AMERICA IN 2016 AND 2017
        • Table LIST OF EVENTS TO BE HELD IN NORTH AMERICA IN 2016 AND 2017
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD BILLION)
      • U.S.
      • CANADA
      • MEXICO
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY SYSTEM, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN NORTH AMERICA, BY COMPONENT, 2013–2022 (USD BILLION)
    • EUROPE
      • REGULATORY FRAMEWORKS
      • EVENTS TO BE HELD IN EUROPE IN 2016 AND 2017
        • Table LIST OF EVENTS TO BE HELD IN EUROPE IN 2016 AND 2017
        • Table HVAC CONTROLS MARKET IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
      • U.K.
      • GERMANY
      • FRANCE
      • OTHERS
        • Table HVAC CONTROLS MARKET IN EUROPE, BY SYSTEM, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN EUROPE, BY COMPONENT, 2013–2022 (USD BILLION)
    • ASIA-PACIFIC
      • REGULATORY FRAMEWORKS
      • EVENTS TO BE HELD IN APAC BETWEEN 2016 AND 2017
        • Table LIST OF EVENTS TO BE HELD IN APAC BETWEEN 2016 AND 2017
        • Table HVAC CONTROLS MARKET IN APAC, BY COUNTRY, 2013–2022 (USD BILLION)
      • CHINA
      • INDIA
      • JAPAN
      • OTHERS
        • Table HVAC CONTROLS MARKET IN APAC, BY SYSTEM, 2013–2022 (USD BILLION)
        • Table HVAC CONTROLS MARKET FOR APAC, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN APAC, BY COMPONENT, 2013–2022 (USD BILLION)
    • REST OF THE WORLD
      • REGULATORY FRAMEWORKS
      • EVENTS TO BE HELD IN ROW IN 2016
        • Table LIST OF EVENTS TO BE HELD IN ROW IN 2016
        • Table HVAC CONTROLS MARKET IN ROW, BY REGION, 2013–2022 (USD BILLION)
      • MIDDLE EAST
      • SOUTH AMERICA
      • AFRICA
        • Table HVAC CONTROLS MARKET IN ROW, BY SYSTEM, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY APPLICATION, 2013–2022 (USD MILLION)
        • Table HVAC CONTROLS MARKET IN ROW, BY COMPONENT, 2013–2022 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANK ANALYSIS: HVAC CONTROLS MARKET
      • Table HVAC CONTROLS MARKET RANKING, BY KEY PLAYER, 2015
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2013–2016
      • ACQUISITIONS & EXPANSIONS
        • Table ACQUISITIONS & EXPANSIONS, 2013–2015
      • AGREEMENTS, JOINT VENTURES, & CONTRACTS
        • Table AGREEMENTS , JOINT VENTURES, & CONTRACTS, 2013–2015
  • COMPANY PROFILES
    • INTRODUCTION
    • HONEYWELL INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table HONEYWELL CORPORATION –KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • JOHNSON CONTROLS, INC.
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table JOHNSON CONTROLS, INC. – KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table SCHNEIDER ELECTRIC SE –KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table SIEMENS AG – KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • UNITED TECHNOLOGIES CORPORATION
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table UNITED TECHNOLOGIES CORPORATION – KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • KEY FINANCIAL STATEMENT
        • Table EMERSON ELECTRIC CO. – KEY FINANCIAL STATEMENT (USD BILLION)
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • INGERSOLL RAND PLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • LENNOX INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • DELTA CONTROLS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DISTECH CONTROLS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • KMC CONTROLS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report