This report on HVAC services market provides in depth analysis of industry, to reach 69700 million us$ by the end of 2025, with a CAGR of 5.9% during 2019-2025. By system types, application, service providers, industry statistics, demand, trends and growth opportunities to 2025
Dallas , United States - March 19, 2019 /MarketersMedia/ —
This report focuses on the global HVAC Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the HVAC Services development in United States, Europe and China.
In 2017, the global HVAC Services market size was 44100 million US$ and it is expected to reach 69700 million US$ by the end of 2025, with a CAGR of 5.9% during 2018-2025.
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Heating, ventilation, and air conditioning (HVAC) is the technology of indoor and vehicular environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC system design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer.
The growing demand for HVAC replacements in developed countries will drive the growth prospects for the global HVAC services market until the end of 2021. The market is witnessing a huge shift towards the reduction of operating costs, increasing energy efficiency, and utilizing the favorable government incentives to replace existing heating, ventilation, and air conditioning (HVAC) equipment in various countries such as the US, the UK, Germany, and Japan. Also, the regulations about the use of refrigerants and energy efficiency will increase the number of investments in the replacement of old HVAC systems. Furthermore, reducing the Freon, other CFC refrigerants production, energy consumption during peak summers, and utility costs by at least 15% will influence the need for replacing the existing HVAC equipment, which, in turn, will accelerate the revenue generation in global HVAC services market.
APAC accounted for the majority market share during 2017 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the growing demand for HVAC installation services in APAC includes rising investments in the real estate sector, the constant demand for infrastructure projects in terms of quality and quantity, the trend for urbanization, and the improved connectivity between different regions.
The key players covered in this study
• Carrier
• DAIKIN INDUSTRIES
• Ingersoll Rand
• Johnson Controls International
• ...
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Market segment by Type, the product can be split into
• Heating
• Ventilation
• Cooling
Market segment by Application, split into
• Airflow and Quality
• Temperature and Humidity
• Electrical
• Others
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
Some Point from Table of Content:
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America
Chapter Twelve: International Players Profiles
12.1 Carrier
12.2 DAIKIN INDUSTRIES
12.3 Ingersoll Rand
12.4 Johnson Controls International
12.4.5 Johnson Controls International Recent Development
Chapter Thirteen: Market Forecast 2018-2025
Chapter Fourteen: Analyst's Viewpoints/Conclusions
Chapter Fifteen: Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
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