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HVAC Control Systems-Global Market Insights and Sales Trends 2024
Synopsis
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 global HVAC Control Systems market size is expected to reach US$ 6334.9 million by 2029, growing at a CAGR of 15.0% from 2023 to 2029. The market is mainly driven by the significant applications of HVAC Control Systems in various end use industries. The expanding demands from the Commercial Buildings, Industries, Residential Buildings and Logistics, are propelling HVAC Control Systems market. Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Controlled Devices segment is estimated at % CAGR for the next seven-year period.
One of the main drivers for this market is the rise in the adoption rate of HVAC control systems among developing economies around the world. The rising energy demand due to various infrastructure development activities has forced countries as well as companies to take concerted steps in optimizing energy usage. It has been observed that using HVAC equipment contributes significantly to the global energy consumption. This has compelled several organizations to adopt HVAC control systems to save operational expenses. Also, modern HVAC control systems that assist facility managers to optimize, control and enhance operations. Further, an increasing number of end-users are developing awareness regarding the benefits of installing HVAC control systems, this in turn, will propel the growth of the HVAC control systems market in the coming years.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVAC Control Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVAC Control Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVAC Control Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVAC Control Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVAC Control Systems covered in this report include Honeywell International, Johnson controls, Schneider Electric, ABB, Cylon and Trane, etc.
The global HVAC Control Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell International
Johnson controls
Schneider Electric
ABB
Cylon
Trane
Global HVAC Control Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVAC Control Systems market, Segment by Type:
Sensors
Controlled Devices
Controller
Global HVAC Control Systems market, by Application
Commercial Buildings
Industries
Residential Buildings
Logistics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HVAC Control Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HVAC Control Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 global HVAC Control Systems market size is expected to reach US$ 6334.9 million by 2029, growing at a CAGR of 15.0% from 2023 to 2029. The market is mainly driven by the significant applications of HVAC Control Systems in various end use industries. The expanding demands from the Commercial Buildings, Industries, Residential Buildings and Logistics, are propelling HVAC Control Systems market. Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Controlled Devices segment is estimated at % CAGR for the next seven-year period.
One of the main drivers for this market is the rise in the adoption rate of HVAC control systems among developing economies around the world. The rising energy demand due to various infrastructure development activities has forced countries as well as companies to take concerted steps in optimizing energy usage. It has been observed that using HVAC equipment contributes significantly to the global energy consumption. This has compelled several organizations to adopt HVAC control systems to save operational expenses. Also, modern HVAC control systems that assist facility managers to optimize, control and enhance operations. Further, an increasing number of end-users are developing awareness regarding the benefits of installing HVAC control systems, this in turn, will propel the growth of the HVAC control systems market in the coming years.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVAC Control Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVAC Control Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVAC Control Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVAC Control Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVAC Control Systems covered in this report include Honeywell International, Johnson controls, Schneider Electric, ABB, Cylon and Trane, etc.
The global HVAC Control Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell International
Johnson controls
Schneider Electric
ABB
Cylon
Trane
Global HVAC Control Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVAC Control Systems market, Segment by Type:
Sensors
Controlled Devices
Controller
Global HVAC Control Systems market, by Application
Commercial Buildings
Industries
Residential Buildings
Logistics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HVAC Control Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HVAC Control Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 HVAC Control Systems Market Overview
1.1 HVAC Control Systems Product Overview
1.2 HVAC Control Systems Market Segment by Type
1.2.1 Sensors
1.2.2 Controlled Devices
1.2.3 Controller
1.3 Global HVAC Control Systems Market Size by Type
1.3.1 Global HVAC Control Systems Market Size Overview by Type (2018-2029)
1.3.2 Global HVAC Control Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global HVAC Control Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America HVAC Control Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe HVAC Control Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific HVAC Control Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America HVAC Control Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa HVAC Control Systems Sales Breakdown by Type (2018-2023)
2 Global HVAC Control Systems Market Competition by Company
2.1 Global Top Players by HVAC Control Systems Sales (2018-2023)
2.2 Global Top Players by HVAC Control Systems Revenue (2018-2023)
2.3 Global Top Players by HVAC Control Systems Price (2018-2023)
2.4 Global Top Manufacturers HVAC Control Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 HVAC Control Systems Market Competitive Situation and Trends
2.5.1 HVAC Control Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by HVAC Control Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in HVAC Control Systems as of 2022)
2.7 Date of Key Manufacturers Enter into HVAC Control Systems Market
2.8 Key Manufacturers HVAC Control Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 HVAC Control Systems Status and Outlook by Region
3.1 Global HVAC Control Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global HVAC Control Systems Historic Market Size by Region
3.2.1 Global HVAC Control Systems Sales in Volume by Region (2018-2023)
3.2.2 Global HVAC Control Systems Sales in Value by Region (2018-2023)
3.2.3 Global HVAC Control Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global HVAC Control Systems Forecasted Market Size by Region
3.3.1 Global HVAC Control Systems Sales in Volume by Region (2024-2029)
3.3.2 Global HVAC Control Systems Sales in Value by Region (2024-2029)
3.3.3 Global HVAC Control Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global HVAC Control Systems by Application
4.1 HVAC Control Systems Market Segment by Application
4.1.1 Commercial Buildings
4.1.2 Industries
4.1.3 Residential Buildings
4.1.4 Logistics
4.2 Global HVAC Control Systems Market Size by Application
4.2.1 Global HVAC Control Systems Market Size Overview by Application (2018-2029)
4.2.2 Global HVAC Control Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global HVAC Control Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America HVAC Control Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe HVAC Control Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific HVAC Control Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America HVAC Control Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa HVAC Control Systems Sales Breakdown by Application (2018-2023)
5 North America HVAC Control Systems by Country
5.1 North America HVAC Control Systems Historic Market Size by Country
5.1.1 North America HVAC Control Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America HVAC Control Systems Sales in Volume by Country (2018-2023)
5.1.3 North America HVAC Control Systems Sales in Value by Country (2018-2023)
5.2 North America HVAC Control Systems Forecasted Market Size by Country
5.2.1 North America HVAC Control Systems Sales in Volume by Country (2024-2029)
5.2.2 North America HVAC Control Systems Sales in Value by Country (2024-2029)
6 Europe HVAC Control Systems by Country
6.1 Europe HVAC Control Systems Historic Market Size by Country
6.1.1 Europe HVAC Control Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe HVAC Control Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe HVAC Control Systems Sales in Value by Country (2018-2023)
6.2 Europe HVAC Control Systems Forecasted Market Size by Country
6.2.1 Europe HVAC Control Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe HVAC Control Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific HVAC Control Systems by Region
7.1 Asia-Pacific HVAC Control Systems Historic Market Size by Region
7.1.1 Asia-Pacific HVAC Control Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific HVAC Control Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific HVAC Control Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific HVAC Control Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific HVAC Control Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific HVAC Control Systems Sales in Value by Region (2024-2029)
8 Latin America HVAC Control Systems by Country
8.1 Latin America HVAC Control Systems Historic Market Size by Country
8.1.1 Latin America HVAC Control Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America HVAC Control Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America HVAC Control Systems Sales in Value by Country (2018-2023)
8.2 Latin America HVAC Control Systems Forecasted Market Size by Country
8.2.1 Latin America HVAC Control Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America HVAC Control Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa HVAC Control Systems by Country
9.1 Middle East and Africa HVAC Control Systems Historic Market Size by Country
9.1.1 Middle East and Africa HVAC Control Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa HVAC Control Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa HVAC Control Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa HVAC Control Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa HVAC Control Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa HVAC Control Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Honeywell International
10.1.1 Honeywell International Company Information
10.1.2 Honeywell International Introduction and Business Overview
10.1.3 Honeywell International HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Honeywell International HVAC Control Systems Products Offered
10.1.5 Honeywell International Recent Development
10.2 Johnson controls
10.2.1 Johnson controls Company Information
10.2.2 Johnson controls Introduction and Business Overview
10.2.3 Johnson controls HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Johnson controls HVAC Control Systems Products Offered
10.2.5 Johnson controls Recent Development
10.3 Schneider Electric
10.3.1 Schneider Electric Company Information
10.3.2 Schneider Electric Introduction and Business Overview
10.3.3 Schneider Electric HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schneider Electric HVAC Control Systems Products Offered
10.3.5 Schneider Electric Recent Development
10.4 ABB
10.4.1 ABB Company Information
10.4.2 ABB Introduction and Business Overview
10.4.3 ABB HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ABB HVAC Control Systems Products Offered
10.4.5 ABB Recent Development
10.5 Cylon
10.5.1 Cylon Company Information
10.5.2 Cylon Introduction and Business Overview
10.5.3 Cylon HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cylon HVAC Control Systems Products Offered
10.5.5 Cylon Recent Development
10.6 Trane
10.6.1 Trane Company Information
10.6.2 Trane Introduction and Business Overview
10.6.3 Trane HVAC Control Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Trane HVAC Control Systems Products Offered
10.6.5 Trane Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 HVAC Control Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 HVAC Control Systems Industrial Chain Analysis
11.4 HVAC Control Systems Market Dynamics
11.4.1 HVAC Control Systems Industry Trends
11.4.2 HVAC Control Systems Market Drivers
11.4.3 HVAC Control Systems Market Challenges
11.4.4 HVAC Control Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 HVAC Control Systems Distributors
12.3 HVAC Control Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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