Lewes, DE -- (SBWire) -- 06/26/2019 --The HVAC controls the market for a commercial application is expected to grow at the highest CAGR between 2018 and 2023. The rise in the adoption of smart buildings and green buildings increases the use of smart sensors and HVAC control equipment, such as programmable thermostat, which would save a lot of energy in these buildings.
The application of HVAC controls in commercial buildings ensures switching on or off the HVAC equipment in a particular area, which is not currently occupied. In a huge commercial complex, all the areas are not constantly occupied by a number of people; hence for sensing occupancy of the people in an area, HVAC controls play an important role by enabling efficient use of energy.
The HVAC controls market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Among major countries in APAC, China is contributing immensely to the HVAC controls market. China is one of the fastest-growing economies in the world according to an announcement made by International Monetary Fund (IMF) in 2017. It also has a large construction industry, which is driven by the need to meet the increasing demand for HVAC in the country.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Honeywell International
Johnson Controls
Schneider Electric
ABB
Cylon
Trane
Nest
Siemens
Salus
Emerson
Ojelectronics
Regin
Lennox
KMC Controls
Sauter
Delta Controls
Distech Controls
HVAC Control Systems Breakdown Data by Type
Temperature Control System
Humidity Control System
Ventilation Control System
Integrated Control System
HVAC Control Systems Breakdown Data by Application
Commercial
Residential
Others
HVAC Control Systems Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global HVAC Control Systems status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key HVAC Control Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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This HVAC control system report presents the worldwide market size (value, production, and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type, and application.