HVAC Controls Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1455 | Report Format : | Status : Upcoming |

Abstract

Global HVAC Controls Market: Overview

HVAC stands for heating, ventilation, and air conditioning system, it is used for regulating the air conditioning and heating system. Increasing consumption of the energy globally has created problems in the environment, money, and politics. HVAC equipment is used in industrial, commercial, and residential buildings for effective management of the energy. Traditional HVAC controls were consuming almost 40% of the electricity whereas modern system reduces energy costs, energy consumption, and increases ROI. In order to reduce energy consumption, minimize maintenance, and reduce the operational costs, building owners are deploying advanced heating & ventilation, and lighting cooling systems in the buildings.

Global HVAC Controls Market: Growth Factors

Technological advancement and decreasing prices of the sensors are driving the global HVAC controls market growth. Commercial buildings consume a vast amount of energy thus regulatory agencies, building owners, and governments are focusing on building more of green buildings. Advanced HVAC controls consumed a lower percentage of the total energy, thus helping in improving the efficiency of commercial and residential buildings. HVAC controls ensure smooth processing, managing, controlling, and maintaining the temperature inside the building. Integrated control systems are highly demanding in commercial, industrial, and residential buildings, which drive the demand for HVAC controls market. The up gradation that is made of the sensors is being used widely in the residential and commercial buildings thus positively enhancing the market growth.

Global HVAC Controls Market: Segmentation

The global HVAC controls market is fragmented based on the application, system, revenue source, and component. The application segment is divided into industrial buildings, commercial buildings, and residential buildings. The commercial buildings segment is sub-segmented into retail centers, education centers, hospitality centers, office buildings, healthcare centers, and others. The systems segment is segregated into humidity control, temperature control, integrated control, and ventilation control. The revenue source is segmented into building energy management systems and HVAC controls. Furthermore, the component segment is bifurcated into sensors and controllers & controlled devices. Of these, sensors lead the revenue source segment across the world.

Global HVAC Controls Market: Regional Analysis

Demand for HVAC controls is highest in the Asia-Pacific region due to the developing industrial sectors and rising population. The same trend is followed by the North America and Europe. Rapid constructional activities and huge demand for high quality and energy-efficient devices further boost the market demand in China and India. Economic development and growth in industrialization in the North American region anticipates fostering the global market growth. HVAC controls are cost efficient and help to reduce the energy consumption thus they are largely preferred in Europe.

Global HVAC Controls Market: Competitive Players

Major players operating in the global HVAC controls market are Siemens AG, Ingersoll Rand, Mitsubishi Electric, Delta Controls, and Johnson Controls. Other players influencing the global market include Schneider Electric, Emerson Electric, Lennox International, Azbil, and Honeywell International, Inc.

Global HVAC Controls Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

hat Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Motorized Decoiler Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2473 | Report Format:

Motorized Decoiler Machine Market: Overview The motorized decoiler machines help in several processes, that is, they can be used for several applications such as forming, stamping, cutting, punching, and others. These machines are widely used in the end-user industries such as textile and metal ...Read More

Tower Crane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2470 | Report Format:

Tower Crane Market: Overview In the infrastructural projects, the tower cranes are used for the task of heavy lifting and in other constructional purposes. The developed version of the tower cranes offers the facility of movement from all the directions. Atower crane can do several movements whi...Read More

Bridge Bearings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2462 | Report Format:

Bridge Bearings Market: Overview The bridges have to withstand the movements, seismic activities, traffic, temperature changes, shrinkage, and others, thus the construction of the bridges and its design should be done with precision. The construction of the bridges requires expansion joints, bri...Read More

Hot Chamber Die Casting Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2449 | Report Format:

Hot Chamber Die Casting Machine Market: Overview In order to produce the precisely engineered die cast products with the help of the injection of the molten metal into dies hot chamber die casting machine is used. The molds help in producing complex shapes with an increased degree of consistency...Read More

Rewritable PVC Cards Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2426 | Report Format:

Rewritable PVC Cards Market: Overview The rewritable PVC cards are commonly used for the making of the credit/debit cards, access cards, identification, membership cards, and much more. Producing the cards with the use of the PVC enables durability and longevity. The rewritable PVC cards are ide...Read More

Choose License Type:
Latest Published Reports

View All Published Reports