Global HVAC Equipment Industry 2015-2020: Trend, Forecast, and Opportunity Analysis

May 2024 | 201 pages | ID: G00C28E4ABCEN
Lucintel

Abstracts

The global HVAC equipment industry is expected to grow at a CAGR of 5% from 2015 to 2020. The major drivers of this market are increasing construction spending, rising disposable income, and renovation of existing building activities. Changing lifestyles, new technology in equipment, and growing urbanization are expected to impact the market dynamics. Asia Pacific (APAC) has been the top region in terms of HVAC demand due to the low penetration rate, continuous growth in residential and commercial construction activities in China and India, and the rise in consumer spending on luxury goods.

Lucintel, a leading global management consulting and market research firm, has analyzed the global HVAC equipment industry by region and has come up with a comprehensive research report, “Global HVAC Equipment Industry 2015-2020: Trend, Forecast, and Opportunity Analysis.” This report provides an analysis of the global HVAC equipment industry, including the market trends, growth opportunities, key drivers, and emerging trends in the market. The study also includes the forecast for the global HVAC equipment industry through 2020 by value ($ Million) and volume (Million Pounds). The industry’s segment breakdown by region, application, and product are as follows:

• By region-
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
• By application-
  • Residential
  • Commercial
• By product type-
  • Furnace
  • Heat Pump
  • Central AC
  • Room AC
  • Others

On the basis of its comprehensive research, Lucintel forecasts that the APAC residential HVAC and APAC room AC segments are expected to depict above average growth during the forecast period. Residential building construction activities are reviving due to a strong economic condition and growing housing expenditure, especially in China and India. Rising per capita income along with increasing industrialization are expected to drive the demand in the coming years. China is expected to be the leader in regional as well as global HVAC equipment industries. ROW and NA regions are expected to depict above average growth during the forecast period due to the rise in housing activities.

Daikin Industries, Ltd., Gree Electric Appliances Inc. of Zhuhai, GD Midea, United Technologies Corporation, and Ingersoll Rand PLC are some of the major players of the global HVAC equipment industry. The industry players are opting for (mergers and acquisitions) M&A, innovation, and new product development as well as expansion for growing their business. Several important emerging trends which have a direct impact on the dynamics of the industry include green and sustainability, nanotechnology in air-conditioning systems, and use of solar power for heating and cooling.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of “Global HVAC Equipment Industry 2015-2020: Trends, Forecast, and Opportunity Analysis” include:

• Market size estimates: Global HVAC equipment industry size estimation in terms of value ($B) shipment.
• Trend and forecast analysis: Global HVAC equipment industry trend (2009-2014) and forecast (2015-2020) by regions and by segments.
• Segmentation analysis: Global HVAC equipment industry size by various product types such as furnace, heat pump, central ac, room ac and others in terms of value shipment.
• Regional analysis: Global HVAC equipment industry by key regions such as North America, Europe, Asia Pacific, and Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions.
• Strategic analysis: This includes M&A, new product developments, competitive landscape, and expansion strategies of Global HVAC equipment suppliers.
• Emerging applications: Emerging applications of Global HVAC equipment industry products in various markets.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Contents

1. EXECUTIVE SUMMARY

2. HVAC EQUIPMENT INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
  2.1.1: Industry classification
  2.1.2: Supply chain
2.2: Porter’s Five Forces Analysis

3. INDUSTRY TREND AND FORECAST ANALYSIS

3.1: Industry analysis 2014
  3.1.1: Global HVAC equipment industry
  3.1.2: Regional HVAC equipment industry
3.2: Industry trend 2009-2014
  3.2.1: Macroeconomic trends
  3.2.2: Global HVAC equipment industry
  3.2.3: North American HVAC equipment industry trend
  3.2.4: European HVAC equipment industry trend
  3.2.5: APAC HVAC equipment industry trend
  3.2.6: ROW HVAC equipment industry trend
3.3: Industry drivers and challenges
3.4: Industry forecast 2015–2020
  3.4.1: Macroeconomic forecasts
  3.4.2: Global HVAC equipment industry forecast
  3.4.3: North American HVAC equipment industry forecast
  3.4.4: European HVAC equipment industry forecast
  3.4.5: APAC HVAC equipment industry forecast
  3.4.6: ROW HVAC equipment industry forecast

4. FINANCIAL (COST STRUCTURE, PROFITABILITY, DEBT, AND ASSETS) ANALYSIS

4.1: Global HVAC equipment industry profitability analysis
  4.1.1: Cost structure of global HVAC equipment industry: 2009-2014
  4.1.2: Regional trend: cost structure for global HVAC equipment industry
4.2: Asset analysis
4.3: Debt analysis

5. COMPETITIVE LANDSCAPE AND GROWTH OPPORTUNITIES ANALYSIS

5.1: Product portfolio analysis
5.2: Market share analysis
5.3: Growth opportunities analysis
  5.3.1: Growth opportunities of global HVAC equipment industry by applications
  5.3.2: Growth opportunities of global HVAC equipment industry by products
  5.3.3: Growth opportunities of global HVAC equipment industry by regions

6. INDUSTRY STRATEGIC ASSESSMENT

6.1: Emerging trends in global HVAC equipment industry
6.2: Innovations and new product launches in global HVAC equipment industry
6.3: Mergers and acquisitions in global HVAC equipment industry

7. COMPANY PROFILES OF LEADING PLAYERS

List Of Figures

LIST OF FIGURES

CHAPTER 2. HVAC EQUIPMENT INDUSTRY BACKGROUND AND CLASSIFICATIONS

Figure 2.1: HVAC system
Figure 2.2: Thermostat
Figure 2.3: Boiler
Figure 2.4: Furnace
Figure 2.5: Heat exchanger
Figure 2.6: Chillers
Figure 2.7: Evaporator coil
Figure 2.8: Condensing unit
Figure 2.9: Refrigerant lines
Figure 2.10: Ducts
Figure 2.11: Classification of global HVAC equipment industry by applications
Figure 2.12: Classification of global HVAC equipment industry by products
Figure 2.13: Supply chain-global HVAC equipment industry
Figure 2.14: Porter’s Five Forces Analysis of global HVAC equipment industry

CHAPTER 3. INDUSTRY TREND AND FORECAST ANALYSIS

Figure 3.1: Global HVAC equipment industry (%) applications in 2014
Figure 3.2: Global HVAC equipment industry ($B) by applications in 2014
Figure 3.3: Global HVAC equipment industry (%) by products in 2014
Figure 3.4: Global HVAC equipment industry ($B) by products in 2014
Figure 3.5: Global HVAC equipment industry ($B) distribution by regions in 2014
Figure 3.6: North American HVAC equipment industry (%) by applications in 2014
Figure 3.7: North American HVAC equipment industry ($B) by applications in 2014
Figure 3.8: North American HVAC equipment industry (%) by products in 2014
Figure 3.9: North American HVAC equipment industry ($B) by products in 2014
Figure 3.10: European HVAC equipment industry (%) by applications in 2014
Figure 3.11: European HVAC equipment industry ($B) by applications in 2014
Figure 3.12: European HVAC equipment industry (%) by products in 2014
Figure 3.13: European HVAC equipment industry ($B) by products in 2014
Figure 3.14: APAC HVAC equipment industry (%) by applications in 2014
Figure 3.15: APAC HVAC equipment industry ($B) by applications in 2014
Figure 3.16: APAC HVAC equipment industry (%) by products in 2014
Figure 3.17: APAC HVAC equipment industry ($B) by products in 2014
Figure 3.18: ROW HVAC equipment industry (%) by applications in 2014
Figure 3.19: ROW HVAC equipment industry value ($B) by applications in 2014
Figure 3.20: ROW HVAC equipment industry (%) by products in 2014
Figure 3.21: ROW HVAC equipment industry ($B) by products in 2014
Figure 3.22: Global GDP growth rate trend
Figure 3.23: Global population growth rate trend
Figure 3.24: Global inflation rate trend
Figure 3.25: Global unemployment rate trend
Figure 3.26: Regional GDP growth rate trend
Figure 3.27: Regional population growth rate trend
Figure 3.28: Regional inflation rate trend
Figure 3.29: Regional unemployment rate trend
Figure 3.30: Regional per capita income trend
Figure 3.31: Global HVAC equipment industry growth trend (2009-2014)
Figure 3.32: Global HVAC equipment industry trend by applications during 2009-2014
Figure 3.33: CAGR of applications in global HVAC equipment industry 2009-2014
Figure 3.34: Growth rate in applications of global HVAC equipment industry during 2013-2014
Figure 3.35: Global HVAC equipment industry trend by products during 2009-2014
Figure 3.37: CAGR of products in global HVAC equipment industry 2009-2014
Figure 3.38: Growth rate of products in global HVAC equipment industry during 2013-2014
Figure 3.39: North America HVAC equipment industry trend during 2009-2014
Figure 3.40: North American HVAC equipment industry trend by applications during 2009-2014
Figure 3.41: CAGR of applications in the North American HVAC equipment industry during 2009-2014
Figure 3.42: Growth Rates in applications of the North American HVAC equipment industry during 2013-2014
Figure 3.43: North American HVAC equipment industry trend by products during 2009-2014
Figure 3.44: CAGR of Products in North American HVAC equipment industry during 2009-2014
Figure 3.45: Growth rate in products of North American HVAC equipment industry during 2013-2014
Figure 3.46: European HVAC equipment industry trend during 2009-2014
Figure 3.47: European HVAC equipment industry trend by applications during 2009-2014
Figure 3.48: CAGR of applications in European HVAC equipment industry during 2009-2014
Figure 3.49: Growth rate in applications of European HVAC equipment industry during 2013-2014
Figure 3.50: European HVAC equipment industry trend by products during 2009-2014
Figure 3.51: CAGR of products in European HVAC equipment industry during 2009-2014
Figure 3.52: Growth rate in products of European HVAC equipment industry during 2013-2014
Figure 3.53: APAC HVAC equipment industry trend during 2009-2014
Figure 3.54: APAC HVAC equipment industry trend by applications during 2009-2014
Figure 3.55: CAGR of applications in APAC HVAC equipment industry during 2009-2014
Figure 3.56: Growth rate in applications of APAC HVAC equipment industry during 2013-2014
Figure 3.57: APAC HVAC equipment industry trend by products during 2009-2014
Figure 3.58: CAGR of products of APAC HVAC equipment industry during 2009-2014
Figure 3.59: Growth rate in products of APAC HVAC equipment industry during 2013-2014
Figure 3.60: ROW HVAC equipment industry trend during 2009-2014
Figure 3.61: ROW HVAC equipment industry trend by applications during 2009-2014
Figure 3.62: CAGR of applications of ROW HVAC equipment industry during 2009-2014
Figure 3.63: Growth rates in applications of ROW HVAC equipment industry during 2013-2014
Figure 3.64: ROW HVAC equipment industry trend by products during 2009-2014
Figure 3.65: CAGR of products of ROW HVAC equipment industry during 2009-2014
Figure 3.66: Growth rate in products of ROW HVAC equipment industry during 2013-2014
Figure 3.67: Drivers and challenges of global HVAC equipment industry
Figure 3.68: Global GDP growth rate forecast
Figure 3.69: Global population growth rate forecast
Figure 3.70: Forecast of global inflation rate
Figure 3.71: Forecast of global unemployment rate
Figure 3.72: Regional GDP growth rate forecast
Figure 3.73: Regional population growth rate forecast
Figure 3.74: Forecast of regional inflation rate
Figure 3.75: Forecast of regional unemployment rate
Figure 3.76: Forecast of regional per capita income
Figure 3.77: Global HVAC equipment industry growth forecast during 2015-2020
Figure 3.78: Global HVAC equipment industry forecast by applications during

2015-2020

Figure 3.79: CAGR forecast of applications in global HVAC equipment industry during 2015-2020
Figure 3.80: Growth rate forecast of applications in global HVAC equipment industry during 2014-2015
Figure 3.81: Global HVAC equipment industry forecast by products during

2015-2020

Figure 3.82: CAGR forecast of products in global HVAC equipment industry during 2015-2020
Figure 3.83: Growth rate forecast of products in global HVAC equipment industry during 2014-2015
Figure 3.84: North American HVAC equipment industry forecast during 2015-2020
Figure 3.85: North American HVAC equipment industry forecast by applications during 2015-2020
Figure 3.86: CAGR forecast in applications of North American HVAC equipment industry during 2015-2020
Figure 3.87: Growth rate forecast in applications of North American HVAC equipment industry during 2014-2015
Figure 3.88: North American HVAC equipment industry forecast by products during 2015-2020
Figure 3.89: CAGR forecast of products in North American HVAC equipment industry during 2015-2020
Figure 3.90: Growth rate forecast of products in North American HVAC equipment industry during 2014-2015
Figure 3.91: European HVAC equipment industry forecast during 2015-2020
Figure 3.92: European HVAC equipment industry forecast by applications during 2015-2020
Figure 3.93: CAGR forecast in applications of European HVAC equipment industry during 2015-2020
Figure 3.94: Growth rate forecast in applications of European HVAC equipment industry during 2014-2015
Figure 3.95: European HVAC equipment industry forecast by products during 2015-2020
Figure 3.96: CAGR forecast in products of European HVAC equipment industry during 2015-2020
Figure 3.97: Growth forecast in products of European HVAC equipment industry during 2014-2015
Figure 3.98: APAC HVAC equipment industry forecast during 2015-2020
Figure 3.99: APAC HVAC equipment industry forecast by applications during 2015-2020
Figure 3.100: CAGR forecast in applications of APAC HVAC equipment industry during 2015-2020
Figure 3.101: Growth rate forecast in applications of APAC HVAC equipment industry during 2014-2015
Figure 3.102: APAC HVAC equipment industry forecast by products during 2015-2020
Figure 3.103: CAGR forecast in products of APAC HVAC equipment industry during 2015-2020
Figure 3.104: Growth rate forecast in products of APAC HVAC equipment industry during 2014-2015
Figure 3.105: ROW HVAC equipment industry forecast during 2015-2020
Figure 3.106: ROW HVAC equipment industry forecast by market applications during 2015-2020
Figure 3.107: CAGR forecast in applications of ROW HVAC equipment industry during 2015-2020
Figure 3.108: Growth rate forecast in applications of ROW HVAC equipment industry during 2014-2015
Figure 3.109: ROW HVAC equipment industry forecast by products during 2015-2020
Figure 3.110: CAGR forecast of products in ROW HVAC equipment industry during 2015-2020
Figure 3.111: Growth rate forecast in products of ROW HVAC equipment industry during 2014-2015

CHAPTER 4. FINANCIAL (COST STRUCTURE, PROFITABILITY, DEBT, AND ASSETS) ANALYSIS

Figure 4.1: Global HVAC equipment industry profitability analysis 2009-2014 (%)
Figure 4.2: Cost structure of global HVAC equipment industry 2009-2014
Figure 4.3: Cost structure in North American HVAC equipment industry 2009-2014
Figure 4.4: Cost structure in European HVAC equipment industry 2009-2014
Figure 4.5: Cost structure in APAC HVAC equipment industry 2009-2014
Figure 4.6: Asset for global HVAC equipment industry 2009-2014 ($B)
Figure 4.7: Debt for global HVAC equipment industry 2009-2014 ($B)

CHAPTER 5. COMPETITIVE LANDSCAPE AND GROWTH OPPORTUNITIES ANALYSIS

Figure 5.1: Market presence of major players of global HVAC equipment industry
Figure 5.2: Global market share of HVAC equipment manufacturers in 2014
Figure 5.3: Growth leadership matrix in global HVAC equipment industry
Figure 5.4: Growth forecasts in applications of global HVAC equipment industry
Figure 5.5: Growth forecasts in products of global HVAC equipment industry
Figure 5.6: Growth forecasts in regions of global HVAC equipment industry

CHAPTER 6. INDUSTRY STRATEGIC ASSESSMENT

Figure 6.1: Emerging trends in global HVAC equipment industry

List Of Tables

LIST OF TABLES

CHAPTER 1. EXECUTIVE SUMMARY

Table 1.1: Global HVAC equipment industry parameters and attributes

CHAPTER 3. INDUSTRY TREND AND FORECAST ANALYSIS

Table 3.1: Industry trends (2009-2014) in global HVAC equipment industry ($B)
Table 3.2: Average growth rates for one, three, and five years in global HVAC equipment industry
Table 3.3: Industry size and annual growth rates during last five years (2009-2014) in applications of global HVAC equipment industry
Table 3.4: Industry size and 2013-2014 growth rates in applications of global HVAC equipment industry
Table 3.5: Industry size and annual growth rates during last five years (2009-2014) in products of global HVAC equipment industry
Table 3.6: Industry size and 2013-2014 growth rates in products of global HVAC equipment industry
Table 3.7: Industry trends (2009-2014) in North American HVAC equipment industry ($B)
Table 3.8: Average growth rates for one, three, and five years in North American HVAC equipment industry
Table 3.9: Industry size and annual growth rates during last five years (2009-2014) in applications of North American HVAC equipment industry
Table 3.10: Industry size and 2013-2014 growth rates in application of North American HVAC equipment industry
Table 3.11: Industry size and annual growth rates during last five years (2009-2014) in products of North American HVAC equipment industry
Table 3.12: Industry size and 2013-2014 growth rates in products of North American HVAC equipment industry
Table 3.13: Industry trends (2009-2014) in European HVAC equipment industry ($B)
Table 3.14: Average growth rates for one, three, and five years in European HVAC equipment industry
Table 3.15: Industry size and annual growth rates during last five years (2009-2014) in applications of European HVAC Equipment Industry
Table 3.16: Industry size and 2013-2014 growth rates in applications of European HVAC equipment industry
Table 3.17: Industry size and annual growth rates during last five years (2009-2014) in products of European HVAC equipment industry
Table 3.18: Industry size and 2013-2014 growth rates in products of European HVAC Equipment Industry
Table 3.19: Industry trends (2009-2014) in APAC HVAC equipment industry ($B)
Table 3.20: Average growth rates for one, three, and five years in APAC HVAC equipment industry
Table 3.21: Industry size and annual growth rates during last five years (2009-2014) in applications of APAC HVAC equipment industry
Table 3.22: Industry size and 2013-2014 growth rates in applications of APAC HVAC equipment industry
Table 3.23: Industry size and annual growth rates during last five years (2009-2014) in products of APAC HVAC equipment industry
Table 3.24: Industry size and 2013-2014 growth rates in products of APAC HVAC equipment industry
Table 3.25: Industry trends (2009-2014) in ROW HVAC equipment industry ($B)
Table 3.26: Average growth rates for one, three, and five years in ROW HVAC equipment industry
Table 3.27: Industry size and annual growth rates during last five years (2009-2014) in applications of ROW HVAC equipment industry
Table 3.28: Industry size and 2013-2014 growth rates in applications of ROW HVAC equipment industry
Table 3.29: Industry size and annual growth rates during last five years (2009-2014) in products of ROW HVAC equipment industry
Table 3.30: Industry size and 2013-2014 growth rates in products of ROW HVAC equipment industry
Table 3.31: Industry forecast (2015-2020) in global HVAC equipment industry ($B)
Table 3.32: average growth rates for one, three, and five years in global HVAC equipment industry
Table 3.33: Industry size and annual growth rates for next five years (2015-2020) in applications of global HVAC equipment industry
Table 3.34: Industry size and 2014-2015 growth rates in applications of global HVAC equipment industry
Table 3.35: Industry size and annual growth rates for next five years (2015-2020) in products of global HVAC equipment industry
Table 3.36: Industry size and 2014-2015 growth rates of products in global HVAC equipment industry
Table 3.37: Industry forecast (2015-2020) in North American HVAC equipment industry ($B)
Table 3.38: Average growth rates for one, three, and five years in North American HVAC equipment industry
Table 3.39: Industry size and annual growth rates for next five years (2015-2020) in applications of North American HVAC equipment industry
Table 3.40: Industry size and 2014-2015 growth rates in applications of North American HVAC equipment industry
Table 3.41: Industry size and annual growth rates for next five years (2015-2020) of products in North American HVAC equipment industry
Table 3.42: Industry size and 2014-2015 growth rates of products in North American HVAC equipment industry
Table 3.43: Industry forecast (2015-2020) in European HVAC equipment industry ($B)
Table 3.44: Average growth rates for one, three, and five years in European HVAC Equipment industry
Table 3.45: Industry size and annual growth rates for next five years (2015-2020) in applications of European HVAC equipment industry
Table 3.46: Industry size and 2014-2015 growth rates in applications of European HVAC equipment industry
Table 3.47: Industry size and annual growth rates for next five years (2015-2020) in products of European HVAC equipment industry
Table 3.48: Industry size and 2014-2015 growth rates in products of European HVAC equipment industry
Table 3.49: Industry forecast (2015-2020) in APAC HVAC equipment industry ($B)
Table 3.50: Average growth rates for one, three, and five years in APAC HVAC equipment industry
Table 3.51: Industry size and annual growth rates for next five years (2015-2020) in applications of APAC HVAC equipment industry
Table 3.52: Industry size and 2014-2015 growth rates in applications of APAC HVAC equipment industry
Table 3.53: Industry size and annual growth rates for next five years (2015-2020) in products of APAC HVAC equipment industry
Table 3.54: Industry size and 2014-2015 growth rates in products of APAC HVAC equipment industry
Table 3.55: Industry forecast (2015-2020) in ROW HVAC equipment industry ($B)
Table 3.56: Average growth rates for one, three, and five years in ROW HVAC equipment industry
Table 3.57: Industry size and annual growth rates for next five years (2015-2020) in applications of ROW HVAC equipment industry
Table 3.58: Industry size and 2014-2015 growth rates in applications of ROW HVAC equipment industry
Table 3.59: Industry size and annual growth rates for next five years (2015-2020) in products of ROW HVAC equipment industry
Table 3.60: Industry size and 2014-2015 growth rates in products of ROW HVAC equipment industry

CHAPTER 5. COMPETITIVE LANDSCAPE AND GROWTH OPPORTUNITIES ANALYSIS

Table 5.1: Global market share of HVAC equipment manufacturers in 2014