Global (United States, European Union and China) HVAC Control Systems Market Research Report 2018-2025
Pune, India -- (SBWIRE) -- 11/20/2018 -- This study researches the market size of HVAC Control Systems in United States, European Union and China, presents the HVAC Control Systems production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
An HVAC control system is used for regulating the temperature, humidity, and airflow within a building to provide thermal comfort to occupants. HVAC systems ensure enhanced air quality in residential and commercial establishments through ventilation and filtration, thereby ensuring thermal balance. These systems use heat exchangers, pumps, and fans to control and regulate humidity and temperature levels.
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One of the main drivers for this market is the rise in the adoption rate of HVAC control systems among developing economies around the world. The rising energy demand due to various infrastructure development activities has forced countries as well as companies to take concerted steps in optimizing energy usage. It has been observed that using HVAC equipment contributes significantly to the global energy consumption. This has compelled several organizations to adopt HVAC control systems to save operational expenses. Also, modern HVAC control systems that assist facility managers to optimize, control and enhance operations. Further, an increasing number of end-users are developing awareness regarding the benefits of installing HVAC control systems, this in turn, will propel the growth of the HVAC control systems market in the coming years.
The Americas accounted for the maximum market share during 2017 and is expected to continue to dominate the market for the next few years. HVAC control systems market in the Americas is driven by developed economies like the US and Canada, which generate substantial demand for energy-efficient HVAC systems. Moreover, growth in the construction industry is expected to further increase the demand for HVAC systems throughout the forecast period.
In 2018, the market size of HVAC Control Systems is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
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In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for HVAC Control Systems.
In United States, European Union and China market, the following companies are covered:
Honeywell International
Johnson controls
Schneider Electric
ABB
Cylon
Trane
...
Market Segment by Product Type
Sensors
Controlled Devices
Controller
Market Segment by Application
Commercial Buildings
Industries
Residential Buildings
Logistics
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the HVAC Control Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key HVAC Control Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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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