|By PR Newswire||
|February 17, 2014 08:47 AM EST||
DUBLIN, February 17, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/r8gzg6/hvac_equipment) has announced the addition of the "HVAC Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The global HVAC equipments market is forecast to record moderate growth rate for the period 2012 - 2018. The market is expected to be dominated by cooling systems, which are estimated to account for more than eight deciles of the overall industry growth. Of the different macroeconomic and microeconomic factors influencing the growth trends worldwide, rise in the number of new households, increase in disposable income, surge in demand for energy efficient and environment friendly products, and need of product upgrade or replacement demand are seen as key determinants. However, the latter is more prominent in North America and Europe while the other factors are driving the demand across Asia Pacific and Rest of the World (RoW) regions.
The different HVAC equipments are broadly segmented into three types: heating equipments, cooling equipments, and ventilation equipments. Heat pumps among the heating equipments and room air conditioners among the cooling equipments are the fastest growing product types, and are collectively expected to account for more than fifty percent of the global market. This is due to enhanced energy efficiency provided by room air conditioners and multiple uses of heat pumps (for both heating and cooling). Moreover, the energy efficiency issues related with other heating equipments, such as furnaces, unitary heaters and boilers, is restricting their growth. These systems, except for unitary heaters, are widely used in district heating systems.
Unitary air-conditioners are the second fastest growing product segment in the cooling equipments category. Despite the global rise of cooling equipments, coolers are witnessing a gradual declining trend, with demand coming from Third World countries and low income segments of emerging economies of the Asia Pacific region.
The market by industry type is dominated by the non-residential sector, with commercial sector demand alone accounting for more than one third of the global market share. However, the residential sector is experiencing healthy growth, and marginally lags behind the commercial sector. Industrial sector is still recovering slowly, and is expected to lose market share to residential and commercial sectors. Tourism alone accounts for around fifty percent of the demand for commercial sector, followed by the construction segment. However, a large share of this commercial demand comes from cooling and ventilation equipments.
Key Topics Covered:
2 Executive Summary
3 HVAC Equipments Market Analysis
4 HVAC Equipment Market, by Equipment Type
5 HVAC Equipments Market, by Applications
6 Global HVAC Equipment Market, by Components
7 Global HVAC Equipment Market, by Geography
8 Competitive Landscape
9 Company Profiles
- AB Electrolux
- Daikin Industries Ltd
- Haier Inc
- LG Corporation
- Lennox International Inc
- Panasonic Corporation
- Samsung Electronics
- United Technologies Corporation - Climate, Controls and Security Unit (Carrier)
For more information visit http://www.researchandmarkets.com/research/r8gzg6/hvac_equipment
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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