Advanced HVAC Control Market Report has newly added to its massive repository. The global Advanced HVAC Control market has been analyzed by focusing on different verticals of the businesses such as market trends, regional outlook, competitive landscape, key players, business approaches, technologies, and standard operating procedures.
According to this study, over the next five years, the Advanced HVAC Control market will register a 13.1% CAGR in terms of revenue, the global market size will reach US$ 2820.2 million by 2024, from US$ 1725.4 million in 2019.
The major manufacturers covered in this report: Nest, Ojelectronics, Schneider, Johnson Controls, Trane, Honeywell, Emerson, Siemens, Ecobee, Salus, Distech Controls, Regin, Sauter, KMC Controls, Delta Controls, and Lennox.
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As for the global advanced HVAC control industry, the industry structure is relatively concentrated. The half market share in revenue is grasped by the top four manufacturers, Honeywell, Johnson Controls, Nest and Schneider, which closes to 54.91 per cent totally. The United States giant Honeywell, which has a 21.25% market share in 2015, is the leader in the advanced HVAC control industry. The manufacturers following Honeywell are Nest and Johnson Controls, which respectively has 11.97% and 11.23% market share globally.
The global consumption of advanced HVAC control products rises up from 9925 k units in 2011 to 11961 k units in 2015, with an average annual growth rate of 4.79%. At the same time, the revenue of world advanced HVAC control sales market has a leap from 715 million dollars in 2012 to 1340 million dollars in 2017. The reason causes this increase is the growing demand for advanced HVAC control products, which is the outcome of the downstream industries are in a good situation.
The downstream industries of advanced HVAC control products are commercial and residential. In recent years, with the recovery of global economic, the development of emerging countries and the raising awareness of energy saving, the consumption increase of advanced HVAC control will be obvious. In the foreseeable future, the advanced HVAC control products will show a very optimistic upward trend.
This report segments the global Advanced HVAC Control Market on the basis of Types are:
Programmable HVAC Control
Smart HVAC Control
On The basis Of Application, the Global Advanced HVAC Control Market is Segmented into:
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Regions covered By Advanced HVAC Control Market Report 2019 to 2024.
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Advanced HVAC Control Market
– Changing Advanced HVAC Control market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected Advanced HVAC Control market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Advanced HVAC Control Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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