Variable Air Volume Systems Market by Type (Single Duct VAV, Dual Duct VAV, Induction VAV, and Fan Powered VAV), Application (Residential Buildings, Industrial Buildings, Commercial Buildings) - Global Forecast to 2021 Published: Oct 2016 No. Pages : 142
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Variable Air Volume Systems Market: Global Forecast to 2021 “High demand from HVAC systems in commercial buildings driving the Variable Air Volume (VAV) systems market” The global market for variable air volume (VAV) systems is projected to reach USD 13.44 billion by 2021, at a CAGR of 6.56% from 2016 to 2021. Increasing demand from the HVAC systems in commercial buildings is the major driver for the VAV systems market. Lower awareness about VAV systems restricts the market and is a major restraint for the global VAV systems market. The global VAV systems market is expected to grow with the increasing demand for HVAC systems in major economies such as India, China, Japan, the U.S., the Middle East, and others. “Commercial buildings, the fastest-growing application for variable air volume systems” The growth of the global VAV systems market is mainly due to the increasing demand for the use of VAV systems in the HVAC systems used in commercial, industrial, and residential buildings. Commercial buildings are the fastest-growing application for VAV systems products.
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Variable Air Volume Systems Market: Global Forecast to 2021 “Asia-Pacific, the largest and fastest-growing market for variable air volume systems” The Asia-Pacific region is the largest market for VAV systems globally, with China leading the market. The market in the region is also witnessing the highest growth rate, which is attributed to the rapid economic expansion the region is undergoing. This study has been validated through primary interviews conducted with various industry experts globally. The breakdown of primary interviews on the basis of company type, designation, and region is given below: • By Company Type - Tier 1- 33%, Tier 2- 59% and Tier 3- 8% • By Designation - Directors-17%, C level- 25%, and Others- 58% • By Region - Europe- 8%, Asia-Pacific- 67%, North America- 8%, Middle-East & Africa17%
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Variable Air Volume Systems Market: Global Forecast to 2021 Reasons to buy the report This report covers the following key aspects: What will be the market size by 2021 and what will be the growth rate What are the key market trends What are the factors expected to drive the growth of the market What are the challenges that impact market growth Complete report on Variable Air Volume (VAV) Systems Market spread across 142 pages, profiling 10 companies and supported with 75 tables and 58 figures is now available at http://www.reportsnreports.com/reports/731027-variable-air-volume-systems-marketby-type-single-duct-vav-dual-duct-vav-induction-vav-and-fan-powered-vav-applicationresidential-buildings-industrial-buildings-commercial-buildings-global-forecast-to2021.html
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Variable Air Volume Systems Market: Global Forecast to 2021 Table of Contents 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Variable Air Volume Market, By Type 8 Variable Air Volume Market, By Application Browse related reports at http://www.reportsnreports.com/market-research/chemicals
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Variable Air Volume Systems Market: Global Forecast to 2021
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