Global Advanced HVAC Controls Market Analysis & Forecast, 2019-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Advanced HVAC Controls Market by Product, End-users, and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Growing use of HVAC systems in refrigerated warehouses

Refrigerated warehouses are operated at specific temperatures to preserve inventories, such as food products, dairy products, and pharmaceutical drugs, which have a short shelf life. The adoption of automation by refrigerated warehouses is increasing.

The ability of advanced HVAC controls to operate at low temperatures and reduce the levels of contamination is a key factor that increases the adoption of advanced HVAC controls in refrigerated warehouses. This will lead to the expansion of the global advanced HVAC controls market at a CAGR of over 10% during the forecast period.

Rising demand for smart homes and development of smart cities

The concept of smart homes is growing as the needs of consumers are changing, and they are focusing on convenience offered using electronic devices. The integration of AI platforms in advanced HVAC controls helps track the habits, behavioral characteristics, and activities of users.

The use of natural language processing with HVAC systems helps in making household appliances such as air-conditioners and refrigerators more interactive among residential users. This development is expected to have a positive impact on the overall market growth.

Market Dynamics

The market report looks at factors such as rising adoption of integrated smart technologies, the growing use of HVAC systems in refrigerated warehouses, and increasing residential and commercial construction activities.

However, limited skills and knowledge of workforce, presence of stringent government standards and regulations, and security concerns associated with automation control systems may hamper the growth of the advanced HVAC controls industry over the forecast period.

Segment Analysis

The advanced HVAC controls market analysis considers sales from both sensors, field devices, and level controllers. The analysis also considers the sales of advanced HVAC controls in APAC, Europe, North America, South America, and MEA.

In 2018, the sensors segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing innovations by vendors in the development of sensors will play a significant role in the sensors segment to maintain its market position.

Competitive Landscape

With the presence of several major players, the global advanced HVAC controls market is fragmented. The robust vendor analysis is designed to help clients improve their market position. This report provides a detailed analysis of several leading advanced HVAC controls manufacturers, that include:

  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls International PLC
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • Schneider Electric SE
  • Siemens AG

Also, the advanced HVAC controls market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Comparison by product
  • Sensors - Market size and forecast 2018-2023
  • Field devices - Market size and forecast 2018-2023
  • Level controllers - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Commercial - Market size and forecast 2018-2023
  • Residential - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls International PLC
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • Schneider Electric SE
  • Siemens AG

For more information about this report visit https://www.researchandmarkets.com/r/mqpuqy

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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