HVAC systems decrease and eliminate internal airborne pollutants such as odors, unstable organic compounds, and pollutants formed from interior furnishings, chemicals, and some other substances, hence stopping the stagnation of the indoor air and formulating clean, breathable air.

Portland, OR -- (SBWire) -- 08/04/2017 --Equipment including heating, ventilating, and air conditioning systems providing thermal stabilization and clean air quality are known as HVAC (Heating, Ventilating, and Air Conditioning) systems. HVAC systems decrease and eliminate internal airborne pollutants such as odors, unstable organic compounds, and pollutants formed from interior furnishings, chemicals, and some other substances, hence stopping the stagnation of the indoor air and formulating clean, breathable air.

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Based on component type, the HVAC equipment market is divided into heating (pumps, boiler, gas & oil heater, electric heater), air-conditioning, and ventilating equipment. By application, the market is categorized into domestic, commercial, and industrial segments. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Growing demand of energy efficient and ecofriendly power equipment

Increase in number of household equipment and rise in disposal income

Restraints:

Lack of awareness in underdeveloped regions including Africa and Latin America

Market Players:

The top players in the global HVAC equipment market include Daikin Industries Ltd., Johnson Controls, Inc., United Technologies Corp., Qingdao Haier Co., Ltd., AB Electrolux, LG Corporation, Mitsubishi Electric Corp., Ingersoll Rand PLC., Qingdao Haier Co., Ltd., and Whirlpool Corporation.

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MARKET LANDSCAPE

By Component Type
Heating
Air-conditioning
Ventilating Equipment

By Application
Residential
Commercial
Industrial

By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe

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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
4. Global HVAC market by component type
4.1. Heating
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Air-conditioning