DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the China HVAC Equipment Market" report to their offering.
China's HVAC equipment market is expected to reach an estimated $37.3 billion by 2022 and it is forecast to grow at a CAGR of 6.5% from 2017 to 2022.
Trends, opportunities and forecast in this market to 2022 by product type (furnace, heat pump, central AC, room AC and others), and end use (residential, office, retail, hospitality, education, healthcare and others)
The future of the Chinese HVAC (heating, ventilation and air conditioning) equipment market looks promising with opportunities in the residential and commercial construction industries. The major drivers of growth are higher rate of building construction and strict regulations regarding energy efficient buildings in China to make existing facilities energy efficient.
Emerging trends, which have a direct impact on the dynamics of the China hvac equipment industry, include the increasing use of green HVAC, and increasing use of air purification technology.
China HVAC equipment companies profiled in this market report includes Gree Electric Appliances, GD Midea, Haier are the major manufacturers of HVAC equipment in China.
The room AC segment is expected to show above average growth during the forecast period due to a higher rate of urbanization and a higher demand for energy efficient HVAC equipment.
Within the Chinese HVAC equipment market, residential is expected to remain the largest segment during the forecast period. Increasing penetration and renovation activities are the major driving forces that will spur growth for this segment over the forecast period.
Some of the features of Growth Opportunities in the China's HVAC Equipment Market 2017-2022: Trends, Forecast, and Opportunity Analysis include:
- Market size estimates: China HVAC equipment market size estimation in terms of value ($M) and volume (million units) shipment.
- Trend and forecast analysis: China HVAC equipment market trend (2011-2016) and forecast (2017-2022) by segments.
- Segmentation analysis: China HVAC equipment market size by various applications such as product, and end use in terms of value and volume shipment
- Growth opportunities: Analysis on growth opportunities in different applications.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of China HVAC equipment suppliers.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model
Scope of the Report
China HVAC equipment market by product Type [Volume (M units) and Value ($ million) from 2011 to 2022]:
- Heat Pump
- Central AC
- Room AC
China HVAC equipment market by end Use [Volume (M units) and Value ($ million) from 2011 to 2022]:
- Daikin Industries, Ltd.
- Gd Midea Co. Ltd.
- Gree Electric Appliances Inc. Of Zhuhai
- Ingersoll-Rand Plc
- Quingdoa Haier
For more information about this report visit http://www.researchandmarkets.com/research/jnvxpn/growth