$16.1 Billion Worldwide HVAC Controls Industry to 2027 – Impact of COVID-19 on the Market – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE)–The “HVAC arrangements – Global market trajectory and analysis” report has been added to From ResearchAndMarkets.com to offer.

Amid the COVID-19 crisis, the global HVAC control market is expected to reach a revised size of US $ 33.1 billion by the year 2020, estimated at US $ 16.1 billion by 2027, with a CAGR of 10.9% over the analysis period 2020-2027.

Temperature and Humidity Control, one of the segments analyzed in the report, is expected to register a CAGR of 11.9%, reaching $ 14.7 billion by the end of the analysis period. Following an early analysis of the business implications of the pandemic and the associated economic crisis, growth in the Ventilation Control segment is being revised to a revised CAGR of 9.8% for the next 7-year period.

The US market is estimated at $ 4.3 billion, while China is expected to grow at 14.5% CAGR

The HVAC market in the US is estimated at $ 4.3 billion by the year 2020. China, the world’s second largest economy, is expected to reach an expected market size of $ 7.2 billion by the year 2027 with a CAGR of 14.5%. over the analysis period 2020 to 2027. Other notable geographic markets are Japan and Canada, each expected to grow at 7.4% and 9.4% respectively over the 2020-2027 period. Within Europe, Germany is expected to grow at approximately 8.5% CAGR.

Integrated control segment to capture 10.6% CAGR

In the global Integrated Control segment, the US, Canada, Japan, China and Europe will drive the estimated 9.9% CAGR for this segment. These regional markets, which have a combined market size of US $ 2.9 billion in the year 2020, will reach an expected size of US $ 5.6 billion by the end of the analysis period. China remains one of the fastest growing in this cluster of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach US $ 4.8 billion by the year 2027, while Latin America will grow at a CAGR of 12.1% during the analysis period.

Select participants (total 36 recommended):

  • Daikin Industries

  • Delta controls

  • Distech controls

  • Emerson Electric

  • Honeywell

  • Ingerrsoll-Rand

  • Jackson Systems

  • Johnson Controls

  • KMC controls

  • Lennox

  • LG Electronics

  • Piece

  • Schneider Electric

  • Siemens

  • United Technologies

Main topics:

I. METHODOLOGY

II. MANAGEMENT SUMMARY

1. OVERVIEW OF THE MARKET

  • Market insights for influencer

  • World market trajectories

  • Impact of Covid-19 and a looming global recession

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES

  • CANADA

  • JAPAN

  • CHINA

  • EUROPE

  • FRANCE

  • GERMANY

  • ITALY

  • UNITED KINGDOM

  • SPAIN

  • RUSSIA

  • REST OF EUROPE

  • ASIAN-PACIFIC

  • AUSTRALIA

  • INDIA

  • SOUTH KOREA

  • REST OF ASIA-PACIFIC OCEAN

  • LATIN AMERICA

  • ARGENTINA

  • BRAZIL

  • MEXICO

  • REST OF LATIN AMERICA

  • MIDDLE EAST

  • IRAN

  • ISRAEL

  • SAUDI ARABIA

  • UNITED ARAB EMIRATES

  • REST OF THE MIDDLE EAST

  • AFRICA

IV. CONTEST

  • Total Profiled Companies: 36

For more information on this report, visit https://www.researchandmarkets.com/r/2hph85

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