Global HVAC Sensors Market Is Projected to Exhibit a CAGR of 6.70 % Between 2017 and 2022

The global HVAC Sensors market is valued at 2,242.1 million US$ in 2017 and is expected to reach 3,100.7 million US$ by the end of 2022, growing at a CAGR of 6.70 % between 2017 and 2022.

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City of Industry, CA -- (SBWire) -- 07/25/2018 --HVAC Sensors are the sensors work in HVAC system. The main HVAC Sensors include: Temperature Sensors, Humidity Sensors, Pressure Sensors, and Air Quality Sensors among others. It is widely used in Commercial, Residential, Industrial and Transportation & Logistics HVAC systems.

Key vendors analysed in this market research are

· Siemens AG

· Schneider Electric

· Johnson Controls

· Honeywell International Inc.

· Sensata Technologies Inc.

· United Technologies Corporation

· Ingersoll Rand

· Emerson Electric

· Sensirion AG

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Of the major players of the HVAC Sensors market, Siemens AG maintained its first place in the ranking in 2017. Top 3 players include Siemens AG, Schneider Electric and Johnson Controls.

In this study, the consumption region of HVAC Sensors divided into five geographic regions: North America hold the largest market share. North America HVAC Sensors accounted for 32.51% in 2017, followed by Europe.

HVAC Sensors Market, by Type:

· Temperature Sensors

· Humidity Sensors

· Pressure Sensors

· Air Quality Sensors

· Others

On the basis of product type, the Temperature Sensors segment is projected to account for the largest sales share during the forecast period; this segment was estimated to account for 45.18% sales share in 2022.

HVAC Sensors Market, by End User

· Commercial

· Residential

· Industrial

· Transportation & Logistics

In terms of applications, the Commercial segment was estimated to account for the highest sales share of 43.25% in 2017 and is expected to gain significant market share by the end of 2025.

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