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Introduction Report Description The report on Global HVAC System Market provides qualitative and quantitative analysis for the period of 2015 to 2023. According to report the global HVAC System market is expected to grow at a CAGR of 5.8% over the forecast period of 2017 – 2023. The global market size of HVAC System market is expected to surpass USD xxx.x billion by 2023. HVAC systems control the environmental conditions in the working space by cooling. HVAC systems filterair, controls moisture and temperature as per predetermined requirements. HVAC systems remove airborne contaminants, improve the odor and infuse fresh air into the space. Boilers, centralized air conditioners, chillers, coolers, cooling towers, furnaces, heat pumps, packaged systems, rooftop units, unitary air-conditioners and unitary heaters are some of the major HVAC systems used for commercial, residential, and industrial purposes. This report estimates the market size of HVAC System market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for HVAC System market in numerous applications is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global HVAC System market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of HVAC System market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of HVAC System market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global HVAC System market that will impact the demand Š Infinium Global Research
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during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. Segmentation and Research Scope HVAC SYSTEM MARKET SEGMENTATION
HVAC SYSTEM MARKET
Application
Automotive Commercial Industrial Residential
Equipment Type Heating Boiler Furnace Heat Pump Unitary Heater Others Ventilation Air Filter Air Purifier Dehumidifier Humidifier Ventilation Fan
Implementation Type New Construction Retrofit Building Others
Region
Software & Service Software Heat Load Calculation Software Design Software Scheduling Software Service Software Others Service Installation Maintenance & Repair
North America Europe Asia Pacific Latin America RoW
The report on global HVAC System market covers segments such asapplication, equipment type, implementation type, and software & service. The application segment includes automotive, commercial, industrial, and residetial. The equipment type segment includes heating, ventilation,and cooling. Based on implementation type, the market is segmented as new construction and retrofit building among others. Based on software and service, the market is segmented as heat load calculation software, design software, scheduling software, service software, installation and maintenance & repair among others.
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Research Methodology Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the HVAC System market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Data Collection Matrix RESEARCH METHODOLOGY: DATA COLLECTION MATRIX
Demand Side Analysis
GLOBAL MARKET SIZE (CONSUMPTION)
Supply Side Analysis
Production +Import -Export
Data collection matrix explains the triangulation of the data collected to arrive at the market size of the global HVAC system market. The supply side analysis considers the production of HVAC system. The supply side analysis also takes into consideration the suppliers of raw materials, the manufacturers and other stakeholders involved into supply of the HVAC system. The demand side analysis considers the applications areas of the HVAC system market. In this approach the various industry players are considered. The application areas provide the data of consumption of HVAC system in the regional as well as global markets. Moreover, this approach helps analyze the future trends and the market size of the global as well as regional HVAC system market. In order to arrive at the market size as well as to validate the data findings from supply and demand side analyses the import, export and production data are considered. The consumption in the global, regional as well as country markets is estimated using the following formula
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RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Market Share of Key Players
Key Market Players
Arriving at Regional/Country Market Size
Accumulation of the country level market size (value) Regional market size of HVAC system and its applications
Segment revenue of the key players Country level market size by application and equipment type, implementation type and software & service (value)
Identifying key players in the HVAC system market
Accumulation of the regional/country market size (value) Global market size of application and equipment type, implementation type and software & service
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Determine the Regional Market Size Country Level Market Sizing
Global market size of HVAC system market Value for 2016 to 2023
% breakdown by market segments by application and equipment type, implementation type and software & service Value for 2016 and 2023
Regional market size of the HVAC system market (value) Regional market size of application and equipment type, implementation type and software & service
Country level market size of the HVAC system market in every region (value) Country level market size of application and equipment type, implementation type and software & service in every region
TOP-DOWN APPROACH
The study on global HVAC system market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market © Infinium Global Research
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estimates are provided in terms of revenue in USD million.Furthermore, the research covers the analysis of the various segments in the global HVAC system market. The estimates in the global HVAC system market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of HVAC system market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the applications automotive, commercial, industrial and residential. Global HVAC SystemMarket Highlights, (USD Million) The global HVAC system market is expected to grow at a CAGR of 5.8 % between 2017 and 2023 in terms of valueGlobal warming induced change in climate in various regions drive the demand for HVAC systems, as the extreme weather conditions affect the human comfort and productivity. Technological advancements are anticipated to drive the growth of the global HVAC market, as new applications emerge in commercial, industrial and residential sectors.The preference for smart homes among customers who look for energy efficient homes is expected to drive the growth of the HVAC systems during the forecast period. Tax credit programmes and regulations aimed at promoting energy efficient systems are expected to enhance the demand for HVAC systems. Globally, increasing investments in the construction sector such as real estate and infrastructure is expected to generate demand for HVAC systems, as the buildings require modern energy efficient solutions for heating, ventilation and air-conditioning. The stability in the automobile industry is expected to drive the demand for HVAC systems, as customers prefer to have air-conditioning or heating systems in their vehicles, depending upon the local weather conditions. Increasing demand for up gradation or refurbishment of the old ones with energy efficient HVAC systems for meeting new regulations and standards are expected to enhance the growth of the global HVAC systems market. Cooling equipment segment Š Infinium Global Research
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dominate the global HVAC systems market, as there is more demand for air-conditioning and other cooling applications. Condensing boilers segment is anticipated to witness significant growth during the forecast period 2017-2023, as they are far more energy efficient and cause less emissions. Higher energy consumption by HVAC systems is a major restraint for the global HVAC market, as it make unaffordable to many consumers. High emissions from boiler based HVAC systems is another restraint for the global HVAC market, as stringent regulations are formulated for curbing emissions and improving energy efficiency. The countries with extreme weather conditions are expected to provide opportunities for major players in the market as consumers will need solutions for air-conditioning and heating. Construction boom is anticipated to provide growth opportunities for major players, especially in emerging economies. Eco-friendly and energy efficient systems are anticipated to provide growth opportunities as it will help the companies to meet the stringent regulations. The leading players in the global HVAC System market include Daikin Industries Ltd, Electrolux AB, Johnson Controls Inc, Ingersoll-Rand Plc, LG Electronics., Lennox International, Mitsubishi Electric, Nortek Inc, Qingdao Haier Co. Ltd, and SAMSUNG ELECTRONICS, United Technologies Corporation, and Whirlpool Corporation.
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GLOBALHVAC SYSTEM MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
HVAC system market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to technological advancements and Tax credit programmes and regulations aimed at promoting energy efficient systems are expected to enhance the demand for HVAC systems. The global market size of HVAC systemin terms of value was USD xxx.xmillion in 2015. GLOBALHVAC SYSTEM MARKET, CAGR (USD MN) GROWTH BY REGIONS (2016 – 2023)
xxx.x xxx.x
2017 xxx.x
2023
xxx.x
xxx.x
xxx.x
2017
2023
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2017
2023
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The global HVAC systems market covers the analysis of geographies such as North America, Europe, Asia-Pacific and RoW. In this section, the key trends and market size for each region is provided over the period of 2017 – 2023. Among geographies, North America is the largest HVAC systems market, followed by Europe. Asia-Pacific is anticipated to become the fastest growing and largest HVAC systems market during the forecast period. The emergence of adoption of new technologies, new regulations that stipulate adoption of energy efficient HVAC systems and need for refurbishing or upgrading the existing HVAC systems are the major factors that drive the growth of the North American HVAC systems market. The incentive programs for replacing old HVAC systems in countries such as France, Germany and UK are driving the growth of the European HVAC systems market. Presence of huge population, changing lifestyles, favorable government regulations and programs that promote adoption of HVAC systems, varying weather conditions related to global warming , boom in construction activities in the region and increasing demand from countries such as China, India and Japan drive the growth of the Asia-Pacific HVAC systems market. Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global HVAC Systemmarket. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the HVAC Systemmarket. Drivers refer to the factors that are expected to drive or boost the market size or demand for HVAC System. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of HVAC Systemmarket both in short run and long run. DRIVERS OF HVAC SYSTEM MARKET, IMPACT ANALYSIS Š Infinium Global Research
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SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF HVAC SYSTEM MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
LOW
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and application segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers.
Risky Zone: Low market size and low growth rate. Investment in this segment is risky © Infinium Global Research
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Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size.
IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low Risky Zone
Retention Zone Market Size Low
High North America
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Europe
Asia-Pacific
RoW
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GLOBAL HVAC SYSTEM MARKET BY APPLICATION, 2016 - 2023 (% SHARE) 2016
2023
Automotive
Commercial
Industrial
Residential
GLOBAL HVAC SYSTEM MARKET BY APPLICATION, 2015 - 2023 (USD MILLION)
2015
2016 Automotive
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2017 Commercial
Industrial
Residential
2023 Others
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GLOBAL AUTOMOTIVE BY REGIONS, 2015 - 2023 (USD MILLION)
GLOBAL COMMERCIALBY REGIONS, 2015 - 2023 (USD MILLION)
North America
Europe
Asia-Pacific 2015
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2017
ROW
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GLOBAL INDUSTRIALBY REGIONS, 2015 - 2023 (USD MILLION)
North America
Europe
Asia-Pacific 2015
2016
2017
ROW
2023
GLOBAL RESIDENTIALBY REGIONS, 2015 - 2023 (USD MILLION)
North America
Europe
Asia-Pacific 2015
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ROW
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GLOBAL HVAC SYSTEM MARKET BY REGION, 2016 - 2023 (% SHARE) 2016
2023 North America
Europe
Asia-Pacific
ROW
GLOBAL HVAC SYSTEM MARKET BY REGION, 2015 - 2023 (USD MILLION)
North America
Europe
Asia-Pacific 2015
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2017
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Company Profiling Daikin Industries Ltd Company Snapshot
Daikin Industries Ltd CONTACT DETAILS: Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka 530-8323, Japan Tele: + Website: http://www.daikin.com KEY FEATURES:
No. of Employees: No. of countries of operation:
SWOT ANALYSIS: STRENGHTS Sample text sample text Sample text sample text
OPPORTUNITIES Sample text sample text Sample text sample text
WEAKNESS Sample text sample text
THREATS Sample text sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3 Product 4
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