Global HVAC Control Market (2020 to 2027) – by System, Implementation Type and End-user
DUBLIN, July 16, 2021–(BUSINESS WIRE)–The “HVAC Control Market by System, Implementation Type, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s to offer.
The global HVAC control market size was valued at $14,559.0 million in 2019 and is expected to reach $19,939.4 million by 2027, growing at a CAGR of 5.7% from 2020 to 2027.
HVAC control is installed to control the operation of a heating, ventilation and air conditioning system. The sensor device and other equipment are used to compare the actual condition, such as humidity or temperature, with a target condition.
HVAC control consists of devices that control the operation of heating, ventilation and air conditioning equipment. HVAC control has been installed in various verticals such as industrial, corporate, retail, hospitality and residential. The development of smart cities in emerging countries and government initiatives are expected to boost the building automation and control industry, which in turn drives the growth of the HVAC controller market.
The emergence of IoT-enabled HVAC systems, growth in the construction market and rising demand for building automation systems (BASs) are driving the market growth. However, fluctuations in commodity prices can hinder market growth. In addition, the rising demand for cloud computing in HVAC offers lucrative opportunities for growth of the HVAC control market.
The global HVAC control market has been segmented on the basis of system, implementation type, end user and region. By system, the market is divided into temperature control systems, ventilation control systems, humidity control systems and integrated control systems. Depending on the implementation type, it is fragmented into new construction and retrofit. Based on end user, it is divided into residential, commercial and industrial. In terms of region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The report provides a comprehensive analysis of the current and emerging HVAC Control market trends and dynamics.
An in-depth market analysis is performed by making market estimates for the major market segments between 2019 and 2027.
A comprehensive analysis of the HVAC market is conducted by tracking key product positioning and monitoring of key competitors within the market framework.
A comprehensive analysis of all regions is provided to determine prevailing opportunities.
The global analysis of the HVAC control market forecast from 2020 to 2027 is included in the report.
Major market players within the HVAC Control Market are profiled in this report and their strategies are analyzed in depth, helping to understand the competitive prospect of the HVAC Control industry.
Main topics covered:
Chapter 1 Introduction
Chapter 2: Summary
Chapter 3: Market overview
3.1. Market definition and scope
3.2. Key findings
3.2.1. Main Influencing Factors
3.2.2. Best Investment Bags
3.2.3. Best Winning Strategies
3.3. Positioning of market players, 2019
3.4. Porter’s Five Forces Analysis
3.5. Value Chain Analysis
3.6. Market dynamics
3.7. COVID-19 Impact Analysis
Chapter 4: Global HVAC Control Market, by System
Chapter 5: Global HVAC Control Market, by Implementation Type:
Chapter 6: Global HVAC Control Market, by End User
Chapter 7: Global HVAC Control Market by Regions:
Chapter 8: Company Profiles
For more information about this report, visit https://www.researchandmarkets.com/r/a52ati
Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20210716005163/en/
Laura Wood, senior press manager
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