DUBLIN--(BUSINESS WIRE)--The "Global Heating, Ventilation and Air Conditioning (HVAC) Market - Industry Analysis & Outlook (2018-2022)" report has been added to ResearchAndMarkets.com's offering.
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.
Companies Mentioned
- Daikin Industries, Ltd.
- United Technologies Corporation (Carrier)
- Ingersoll-Rand Plc (Trane)
- Johnson Controls International Plc (York)
Key Topics Covered:
1. Heating, Ventilation and Air Conditioning (HVAC) Overview
2. Global Heating, Ventilation and Air Conditioning (HVAC) Market
3. Regional Heating, Ventilation and Air Conditioning (HVAC) Market
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/q3h76s/global_heating?w=4
