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.
The HVAC controls market for 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.
In 2019, 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 2019; 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.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for HVAC Control Systems.
This report studies the global market size of HVAC Control Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the HVAC Control Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, 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 2014 to 2019.
In global market, the following companies are covered:
Honeywell International
Johnson Controls
Schneider Electric
ABB
Cylon
Trane
Nest
Siemens
Salus
Emerson
Ojelectronics
Regin
Lennox
KMC Controls
Sauter
Delta Controls
Distech Controls
Market Segment by Product Type
Temperature Control System
Humidity Control System
Ventilation Control System
Integrated Control System
Market Segment by Application
Commercial
Residential
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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
In this study, the years considered to estimate the market size of HVAC Control Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on HVAC Control Systems. Industry analysis & Market Report on HVAC Control Systems is a syndicated market report, published as Global (United States, European Union and China) HVAC Control Systems Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of HVAC Control Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.