Global HVAC Market Report: 2015 Edition - New Report by Koncept Analytics

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Global HVAC Market Report ----------------------
------------------- 2015
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• Executive Summary
• HVAC stands for heating, ventilation and air
  conditioning and refers to the equipment,
  distribution network and terminals used either
  collectively or individually to provide fresh
  filtered air, heating, cooling and humidity
  control in a building. HVAC market is divided
  into two major sub-segments equipment and
  services. HVAC equipment is broken down into
  large commercial (applied/chillers), light
  commercial (commercial unitary or ducted),
  residential (residential unitary or ducted), and
  appliances/other (ductless equipment for both
  residential and commercial markets). The
  aftermarket includes parts and services related
  to HVAC market. 
• The global demand of HVAC equipment continued to
  increase in 2014, due to rapid growth of
  air-conditioning market in the emerging economies
  and significant growth registered by the
  construction industry and is expected to increase
  further in the coming years. 
• The key factors driving growth of the HVAC market
  are growing urbanization, rising demand for
  housing market, growth of mini split heat pumps,
  and increase in construction expenditure. Some of
  the noteworthy trends and developments of this
  industry are growing demand for variable
  refrigerant flow systems, technological
  advancements, increasing demand of smartphone,
  growing integration of HVAC controls and growth
  of radiant floor heating. However, the expansion
  of global HVAC market is hindered by
  environmental impact and stringent regulations.
• The report Global HVAC Market provides an
  in-depth analysis of the HVAC equipment market
  along with a detailed study of the US market. The
  major trends, growth drivers as well as issues
  being faced by the industry are being presented
  in this report. The four major players in the
  industry, Daikin Industries Ltd., Lennox
  International Inc., United Technologies
  Corporation and Ingersoll-Rand are being
  profiled.
• By combining SPSS Inc.s data integration and
  analysis capabilities with our relevant findings,
  we have predicted the future growth of the
  industry. We employed various significant
  variables that have an impact on this industry
  and created regression models with SPSS Base to
  determine the future direction of the industry.
  Before deploying the regression model, the
  relationship between several independent or
  predictor variables and the dependent variable
  was analyzed using standard SPSS output,
  including charts, tables and tests.

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Growing construction industry and rising
urbanization are driving the HVAC market..
Global HVAC Equipment Market (2009-2015E)

• As of 2014, global HVAC equipment market
  increased to US... billion, as compared to
  US... billion in 2013, showing an incline of
  and is estimated to increase to US... billion by
  2015.
• The end-use applications of the global HVAC
  market include three major segments. Commercial
  equipment accounted for a share of , followed
  by residential equipment with . Aftermarket
  services had a share of .
• As of 2014, Asia Pacific, North America and
  Europe were the three largest markets for
  advanced HVAC, accounting for , and share
  respectively. Middle East Africa and Latin
  America held and share respectively.

Global HVAC Market Share by End-Use Application
(2014)
Global Market for Advanced HVAC Controls by
Region (2014)
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The growth in the US market is primarily driven
by non-residential construction, particularly
private spending in retail, office, and
institutional verticals.
The US Commercial HVAC Market by Type (2009-2016E)

• As of 2014, applied and unitary equipment was
  valued at US... billion and US... billion
  respectively.
• As of 2014, through the cycle, the commercial
  HVAC equipment market is split between units for
  new construction () and units for
  replacement/retrofit activity ().
• The US residential mini-split market was
  million units in 2014, up from millions of
  units in 2008. For commercial VRF, the US market
  was units in 2014.

The US Commercial HVAC Market Share Through-Cycle
Average (2014)
The US Ductless Market (2008-2014)
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Global construction activities, rising demand of
air conditioning and global GDP will drive the
HVAC market in the coming years.
Global HVAC Equipment Market Forecast (2014-2018E)

• The global demand of HVAC equipment is poised to
  grow at a compounded annual growth rate of
  from US... billion in 2014 to US... billion in
  2018.
• With rising demand in the housing market,
  increasing GDP and construction spending, demand
  of HVAC equipment is increasing at a very fast
  pace.
• The future growth of HVAC market would mainly be
  driven by strengthening fundamentals in global
  construction activities, rising demand of air
  conditioning and global GDP.

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These are abridged and sanitized sample pages
from the comprehensive report on the Global
HVAC Market . To know more about this report or
for any customized research requirement, please
contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com