Press release
Global Advanced HVAC Control Market Key Players,Growth Rate,Product Scope,Trends, Outlook, Challenge, Risk and forecast to 2018-2025
In terms of production side, this report researches the Advanced HVAC Control capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Advanced HVAC Control by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
In this report, we mainly focus on the programmable HVAC control and the smart HVAC control.
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The programmable HVAC controls are devices which are programmable, that’s meaning the direct digital control program code may be customized for the intended use. The program features include time schedules, setpoints, controllers, logic, timers, trend logs, and alarms. Customers can change the options depend on their needs.
The smart HVAC controls are intelligent devices, which are considered the decision makers of the HVAC system. These devices give command to the heat pump for temperature control and control the flow of air. It also defines the temperature to be set according to the weather condition outside the building environment and communicate with the user accordingly the cost effectiveness of the system in terms of energy usage.
First, 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 has21.25% 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.
Second, 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 dollar in 2012 to 1340 million dollar in 2017. The reason causes this increase is the growing demand for the advanced HVAC control products, which is the outcome of the downstream industries are in a good situation.
Third, the downstream industries of advanced HVAC control products are commercial and residential. In the 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.
The Advanced HVAC Control market was valued at 1570 Million US$ in 2017 and is projected to reach 4050 Million US$ by 2025, at a CAGR of 12.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Advanced HVAC Control.
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This report includes the following manufacturers; we can also add the other companies as you want.
Nest
Schneider
Honeywell
Johnson Controls
Trane
Siemens
Salus
Emerson
Ecobee
Ojelectronics
Regin
Lennox
KMC Controls
Sauter
Delta Controls
Distech Controls
Market Segment by Product Type
Programmable HVAC Control
Smart HVAC Control
Others
Market Segment by Application
Commercial
Residential
Others
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