Insights on the HVAC Controls Global Market to 2027

DUBLIN, May 5, 2021 / PRNewswire / – The “HVAC arrangements – Global market trajectory and analysis” report has been added to From ResearchAndMarkets.com to offer.

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Amid the COVID-19 crisis, the global HVAC control market was estimated to be US $ 16.1 billion in the year 2020, is expected to reach a revised size of US $ 33.1 billion by 2027, growing at a CAGR of 10.9% over the 2020-2027 analysis period.

Temperature and Humidity Control, one of the segments analyzed in the report, is expected to record and achieve a CAGR of 11.9% US $ 14.7 billion at the end of the analysis period. Following an early analysis of the business implications of the pandemic and the accompanying economic crisis, growth in the Ventilation Control segment is being revised to a revised CAGR of 9.8% for the next 7-year period.

The US market is estimated to be $ 4.3 billion, While China is expected to grow at 14.5% CAGR

The HVAC control market in the US is estimated to be US $ 4.3 billion in the year 2020. China, the world’s second largest economy, is expected to have an expected market size of US $ 7.2 billion by the year 2027 with a CAGR of 14.5% over the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, each is expected to grow at 7.4% and 9.4% respectively over the 2020-2027 period. Within Europe, Germany is expected to grow at approximately 8.5% CAGR.

Integrated control segment to capture 10.6% CAGR

In the global Integrated Control segment, USA, Canada, Japan, China and Europe will drive the estimated 9.9% CAGR for this segment. These regional markets account for a combined market size of US $ 2.9 billion in the year 2020 will reach an expected size of US $ 5.6 billion by the end of the analysis period. China remains one of the fastest growing in this cluster of regional markets. Guided by countries like Australia, India, and South Korea, into the market Asia Pacific is expected to achieve US $ 4.8 billion by the year 2027, while Latin America will expand at a CAGR of 12.1% during the analysis period.

Select participants (total 36 recommended):

  • Daikin Industries

  • Delta controls

  • Distech controls

  • Emerson Electric

  • Honeywell

  • Ingerrsoll-Rand

  • Jackson Systems

  • Johnson Controls

  • KMC controls

  • Lennox

  • LG Electronics

  • Piece

  • Schneider Electric

  • Siemens

  • United Technologies

Main topics:

I. METHODOLOGY

II. MANAGEMENT SUMMARY

1. OVERVIEW OF THE MARKET

  • Market insights for influencer

  • World market trajectories

  • Impact of Covid-19 and a looming global recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES

  • CANADA

  • JAPAN

  • CHINA

  • EUROPE

  • FRANCE

  • GERMANY

  • ITALY

  • UNITED KINGDOM

  • SPAIN

  • RUSSIA

  • REST OF EUROPE

  • ASIAN-PACIFIC

  • AUSTRALIA

  • INDIA

  • SOUTH KOREA

  • REST OF ASIAN-PACIFIC

  • LATIN AMERICA

  • ARGENTINA

  • BRAZIL

  • MEXICO

  • REST OF LATIN AMERICA

  • MIDDLE EAST

  • IRAN

  • ISRAEL

  • SAUDI ARABIA

  • UNITED ARAB EMIRATES

  • REST OF MIDDLE EAST

  • AFRICA

IV. CONTEST

For more information on this report, visit https://www.researchandmarkets.com/r/431v4c

Media contact:

Research and markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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