Global HVAC Market Growth of 7% CAGR by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: Carrier, Daikin, LG Electronics - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global HVAC Market 2016-2020" report to their offering.

The Global HVAC market is currently expected to grow at an average annual growth rate of 7% by the year 2020. The growth will be fueled by high growth in emerging economies which will increase the industry base and infrastructure in the regions leading to high demand for HVAC instruments. Increased construction activities, growing replacement demand in developed countries, need for energy efficient HVAC systems and developing infrastructure in emerging countries will be the key driving factors for the industry.

Worldwide industry players in the market are adopting different strategies to increase their market share. Diversification and market development are the two most prominent strategies adopted by players in APAC, whereas product development and market penetration are common strategies adopted by players in North America and Europe.

The sector is likely to see good progress and growth over the next 5 years as the global HVAC market is experiencing a steady push due to recovering world economies, growing industrial base, rising construction activities, helping government rules and regulations, various promotional campaigns from government, rising standard of living and better purchasing power in the society.

Companies Mentioned:

  • Carrier
  • Daikin
  • GD Media
  • Gree Electric Appliances, Inc. of Zhuhai
  • Ingersoll-Rand
  • Johnson Controls
  • LG Electronics
  • Lennox International
  • Nortek Inc.
  • Siemens AG

Report Structure:

1. Executive Summary

2. Need for HVAC Industry

3. Global HVAC Market - Overview

4. Market Segments & Forecasts for Global HVAC Market

5. Key Growth Drivers and Inhibitors for Global HVAC Market

6. HVAC Industry Updates

7. Company Profiles

8. Competitive Landscape of Global HVAC Market

9. Global Industry Associations Related to HVAC Market

10. Analysis Models

11. Challenges Faced by New Players in Global HVAC Market

12. Current and Future Trends in Global HVAC Market

13. Case study

14. Strategic Recommendations

15. Appendix

For more information visit http://www.researchandmarkets.com/research/d2mwr9/global_hvac

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: HVAC (Heating, Ventilation, and Air Conditioning)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: HVAC (Heating, Ventilation, and Air Conditioning)