HVAC Sensors & Controllers Market Size, Share, Demand & Trends Analysis Report by 2025

HVAC Sensors & Controllers Market

HVAC Sensors & Controllers Market: by Sensors (Temperature Sensors, Pressure Sensors, Humidity Sensors, and Others) by Controllers (Temperature Controllers, Humidity Controllers, Enthalpy Controllers , and Others) by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025.

Category: Semiconductor & Electronics Report Format : PDF Pages: 184 Report Code: ZMR-4917 Published Date: Oct-2019 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD xx Million USD xx Million xx% 2018

HVAC Sensors & Controllers Market

The Global HVAC Sensors & Controllers Market Size was worth around USD xx Million in 2018 and is predicted to grow to around USD xx Million by 2025 with a compound annual growth rate (CAGR) of roughly xx% between 2019 and 2025.

The HVAC sensors & controllers market is driven by the rising demand for air conditioning systems. In 2017, the global air condition system demand was about 110.6 million units, a rise of about 8% from the previous year. Major countries contributing to this growth were the U.S. and China. The U.S and China contributed to almost 60% of the global air conditioning systems stock in 2016.

Annual AC sales in the U.S. were about 24 million units during the same year. Further, in 2016, it was estimated that the residential air conditioning systems sales in China alone were about 40 million units. Thus, it is expected that rising demand for air conditioning systems will propel the HVAC sensors & controllers market during the forecast period.

Rising demand for smart HVAC systems is anticipated to drive the HVAC sensors & controllers market over the estimated timeframe. However, high initial investments for HVAC sensors & controllers are expected to have an adverse effect on the market. Integration of IoT with HVAC systems will open new avenues for the HVAC sensors & controllers market.

The HVAC sensors & controllers market is bifurcated into sensors, controllers, and region. Based on sensor, the global HVAC sensors & controllers market is segmented into temperature sensors, pressure sensors, humidity sensors, and others. The temperature sensors segment is estimated to hold a noteworthy chunk of the market during the forecast period.

Temperature controllers, humidity controllers, enthalpy controllers, and others form the controllers segment for HVAC sensors & controllers market. Humidity controllers segment is estimated to grow at notable rate over the coming years. This upsurge is due to the growing demand in the industrial sector.

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Report Attributes Report Details
Report Name HVAC Sensors & Controllers Market Research Report
Market Size in 2018 USD xx Million
Market Forecast in 2025 USD xx Million
Growth Rate CAGR of 8%  
Number of Pages 184  
Key Companies Covered Schneider Electric, Johnson Controls, Siemens AG, Honeywell International, Inc., United Technologies Corporation, Sensirion AG, Sensata Technologies, Infineon Technologies AG, and Emerson Electric Co. among others.
Segments Covered By Sensors, By Controllers, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2018
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Asia Pacific region is expected to grow a significant rate in global HVAC sensors & controllers market over the forecast timespan. This growth is due to the presence of major HVAC organizations in this region such as Panasonic Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., and many more. Technological developments in the consumer electronics sector in Asia Pacific region are fueling the growth of HVAC sensors & controllers market. The European region is projected to hold a substantial share in the global HVAC sensors & controllers market. This share is attributed to the presence of major players such as Schneider Electric, Siemens AG, and Sensirion AG among others.

Detailed analysis of the major players in the global HVAC sensors & controllers market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. 

Some of the leading players in the global market include

  • Schneider Electric
  • Johnson Controls
  • Siemens AG
  • Honeywell International Inc.
  • United Technologies Corporation
  • Sensirion AG
  • Sensata Technologies
  • Infineon Technologies AG
  • Emerson Electric Co.

This report segments the global HVAC sensors & controllers market as follows:

By Sensors Segment Analysis

  • Temperature Sensors
  • Pressure Sensors
  • Humidity Sensors
  • Others

By Controllers Segment Analysis

  • Temperature Controllers
  • Humidity Controllers
  • Enthalpy Controllers
  • Others

By Application Segment Analysis

  • Residential
  • Commercial
  • Industrial

By Regional Segment Analysis

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

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