DUBLIN, Nov. 3, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global HVAC Equipment Market 2014-2018" report to their offering.
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The heating, ventilation, and air-conditioning equipment, or more commonly known as the HVAC equipment, provides conditioned air to the occupants inside a building, creating a comfortable and favorable environment. Conditioned air is nothing but clean and odor-free air with its temperature, humidity, and movement being controlled within a certain comfort level.
The basic components of a HVAC system consists of:
- Fans to circulate the air
- Supply air ductwork
- Outside air device
- Return air ductwork
- Mixed air chamber
- Filter section
- Heat exchangers
- Auxiliary heating devices
- Compressors
- Condensers
- Pumps
- Central heating source
- Central cooling source
- Controls
HVAC systems are widely used in various industries such as Construction and Infrastructure, Healthcare, and Data Center.
The analysts forecast the Global HVAC Equipment market to grow at a CAGR of 5.87 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global HVAC Equipment market during the period 2014-2018. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of HVAC services and products in the global market.
The report, the Global HVAC Equipment Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global HVAC Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One major trend emerging in this market is the shift toward smart solutions. The world is focusing more on the effective distribution of energy, thus minimizing losses. The green initiative has been taken up by different countries to promote clean energy. With the advent of hybrid systems and non-polluting refrigerants, HVAC vendors and end-users are shifting toward green technology.
According to the report, one major driver of the market is an increase in income levels in the APAC region. The sales of HVAC equipment are highly correlated to income. The Residential HVAC Equipment segment is the key growth segment because of high product penetration and an increase in residential construction.
Further, the report states that the focus on energy conservation is one key challenge in the market. HVAC equipment consumes a lot of energy, which is a major concern for many environmentalists and poses a threat to the HVAC Equipment market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Application
08. Market Segmentation by End-users
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
Companies Mentioned:
- Carrier
- Daikin Industries
- Ingersoll-Rand
- Johnson Controls
- LG
- AB Electrolux
- GD Midea
- Gree Electric Appliances
- Haier
- Lennox International
- Nortek
- Paloma Industries
- Samsung
- Siemens
For more information visit http://www.researchandmarkets.com/research/kkpjp6/global_hvac
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
