HVAC Controls Market Trends, Share, and Growth (2020-2030)
The HVAC Controls market is projected to grow from US$ 9.73 billion in 2022 to US$ 41.32 billion by 2030; it is expected to expand at a CAGR of 19.8% from 2022 to 2030. Implementation of IoT and Cloud computing in HVAC systems is expected to be a key trend in the market.
HVAC Controls Market Analysis
Cloud-based HVAC control systems are quickly becoming the future of efficient and intelligent building management. These technologies, which leverage the power of the Internet and the Internet of Things (IoT), offer a new era of improved performance, lower energy usage, and unrivaled comfort. Cloud-based solutions capture real-time data on temperature, humidity, and occupancy rates. Powerful algorithms then analyze this data to improve HVAC performance. By learning usage patterns and anticipating demands, the system can automatically modify settings to provide comfort while reducing energy consumption. Thus, demand for cloud computing in HVAC systems is expected to grow during the forecast period.
HVAC Controls Market Industry Overview
HVAC stands for Heating, Ventilation, and Air Conditioning. It is a system for controlling the temperature and humidity of a space by moving air both indoors and outdoors. HVAC controllers are designed to cater to shifting environmental needs and handle even the worst-case scenarios. Several factors that influence HVAC control usage are humidity fluctuations, building occupancy, solar heat loads, and new equipment, among others. These HVAC controls are programmable, allowing for customized applications. Analog inputs in HVAC controls assess temperature, humidity, or pressure, while digital inputs control airflow based on settings like hot or cold.
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HVAC Controls Market: Strategic Insights
Market Size Value in US$ 9.73 billion in 2022 Market Size Value by US$ 41.32 billion by 2030 Growth rate CAGR of 19.8% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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HVAC Controls Market: Strategic Insights
| Market Size Value in | US$ 9.73 billion in 2022 |
| Market Size Value by | US$ 41.32 billion by 2030 |
| Growth rate | CAGR of 19.8% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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HVAC Controls Market Driver and Opportunities
Growing Focus on Product Development and Strategic Initiatives to Favor Market Growth
Increasing focus on product development and strategic initiatives are expected to drive market growth. For instance, In March 2022, Automated Logic, a subsidiary of Carrier Global Corporation, announced the addition of VAV controllers’ models OF342 and OR141 to its existing OptiFlex digital building controls line. These controllers are effective in air quality control and zone-level temperature applications. Further, in May 2022, Daikin announced its recent investment in Wlab Ltd., a startup company providing sensors for airborne allergy detection. This investment would accelerate the growth of Daikin in AC business solutions.
Increasing Demand for IoT-Based HVAC System
The increasing need for energy-efficient HVAC systems, rising replacement demand for HVAC systems, and accelerating infrastructure-based advancements are likely to fuel industry growth in the future. HVAC manufacturers are working hard to supply consumers with smart HVAC systems and grow their market share. In any commercial or residential facility, lights and HVAC systems consume the most energy. Implementing IoT in these applications and enabling machine-to-machine (M2M) connectivity is anticipated to result in cost savings, resource conservation, predictive maintenance, comfort control, and improved building performance. Thus, demand for IoT-enabled HVAC control systems is expected to grow during the forecast period.
HVAC Controls Market Report Segmentation Analysis
The key segments that contributed to the derivation of the HVAC Controls market analysis are coverage by operation, product type, substrate type, and end-use.
- Based on component, the market is divided into hardware and software & services.
- Based on installation type, the market is divided into new installation and retrofit.
- Based on the system, the market is divided into temperature control system, humidity control system, ventilation control system, and integrated control system.
- Based on end user, the market is divided into residential, commercial, and industrial.
HVAC Controls
Market Share Analysis By Geography
Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.
The North American HVAC controls industry has seen considerable expansion, driven by the need for interoperability, connectivity, network integration, data analysis, and system integration. Cloud-based HVAC systems connect easily with other smart building technologies like lighting and security. This integrated ecosystem enables more holistic building management, improving energy efficiency and creating a fully intelligent living or working environment. All these factors are expected to boost the growth of the HVAC controls market in North America during the forecast period.
HVAC Controls Market Report Scope
HVAC Controls Market News and Recent Developments
The HVAC Controls market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the HVAC Controls Market are listed below:
- Daikin Cloud Plus takes HVAC system control for commercial buildings to the next level. Daikin has unveiled Daikin Cloud Plus, a powerful new tool that allows facility managers, technicians, building owners, and energy consultants to remotely control and optimize HVAC systems for occupant comfort and environmental performance throughout a building's lifecycle. (Source: Daikin, Press Release, April 2024)
HVAC Controls Market Report Coverage & Deliverables
The HVAC Controls market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "HVAC Controls Market Size and Forecast (2020–2030)" provides a detailed analysis of the market covering below areas-
- HVAC Controls Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- HVAC Controls Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- HVAC Controls Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the HVAC Controls Market
- Detailed company profiles.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Installation Type, System, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Carrier, Daikin, Delta Controls, Distech Control Inc., Emerson Electric Co., Honeywell International Inc., Johnson Controls, Lennox International Inc., Siemens, and Schneider Electric are the major market players.
The Global HVAC controls market was estimated to be US$ 9.73 billion in 2022 and is expected, to grow at a CAGR of 19.8% during the forecast period 2022 - 2030.
The global HVAC Controls market was estimated to grow at a CAGR of 19.8% during 2022 - 2030.
Implementation of IoT and cloud computing in HVAC systems are the major trends in the market.
Growing focus on product development, strategic initiatives and technological advancements are the major factors that drive the global HVAC Controls market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. HVAC Controls Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in The Value Chain
5. HVAC Controls Market - Key Industry Dynamics
5.1 HVAC Controls Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growth in Construction Sector
5.2.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.3 Market Restraints
5.3.1 High Cost and Technical complexities
5.4 Market Opportunities
5.4.1 Rising Adoption of Cloud Computing in HVAC
5.4.2 Development of Smart Cities
5.5 Future Trends
5.5.1 Advancement in Green Technology
5.6 Impact of Drivers and Restraints:
6. HVAC Controls Market - Global Market Analysis
6.1 HVAC Controls Market Revenue (US$ Million), 2022 – 2030
6.2 HVAC Controls Market Forecast and Analysis
7. HVAC Controls Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.1.3 Sensor
7.1.3.1 Overview
7.1.3.2 Sensor Market, Revenue and Forecast to 2030 (US$ Million)
7.1.4 Controllers
7.1.4.1 Overview
7.1.4.2 Controllers Market, Revenue and Forecast to 2030 (US$ Million)
7.1.5 Smart Vents
7.1.5.1 Overview
7.1.5.2 Smart Vents Market, Revenue and Forecast to 2030 (US$ Million)
7.1.6 Others
7.1.6.1 Overview
7.1.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software & Services
7.2.1 Overview
7.2.2 Software & Services Market, Revenue and Forecast to 2030 (US$ Million)
8. HVAC Controls Market Analysis - Installation Type
8.1 Retrofit
8.1.1 Overview
8.1.2 Retrofit Market Revenue, and Forecast to 2030 (US$ Million)
8.2 New Installation
8.2.1 Overview
8.2.2 New Installation Market Revenue, and Forecast to 2030 (US$ Million)
9. HVAC Controls Market Analysis - System
9.1 Temperature Control System
9.1.1 Overview
9.1.2 Temperature Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Integrated Control System
9.2.1 Overview
9.2.2 Integrated Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Ventilation Control System
9.3.1 Overview
9.3.2 Ventilation Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Humidity Control System
9.4.1 Overview
9.4.2 Humidity Control System Market Revenue, and Forecast to 2030 (US$ Million)
10. HVAC Controls Market Analysis – End User
10.1 Commercial
10.1.1 Overview
10.1.2 Commercial Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Industrial
10.2.1 Overview
10.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Residential
10.3.1 Overview
10.3.2 Residential Market Revenue, and Forecast to 2030 (US$ Million)
11. HVAC Controls Market - Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America HVAC Controls Market Overview
11.2.2 North America HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.3 North America HVAC Controls Market Breakdown by Component
11.2.3.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By Component
11.2.3.1.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By Hardware
11.2.4 North America HVAC Controls Market Breakdown by Installation Type
11.2.4.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By Installation Type
11.2.5 North America HVAC Controls Market Breakdown by System
11.2.5.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By System
11.2.6 North America HVAC Controls Market Breakdown by End User
11.2.6.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By End User
11.2.7 North America HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.2.7.1 North America HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.2.7.2 US HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.2.1 US HVAC Controls Market Breakdown by Component
11.2.7.2.1.1 US HVAC Controls Market Breakdown by Hardware
11.2.7.2.2 US HVAC Controls Market Breakdown by Installation Type
11.2.7.2.3 US HVAC Controls Market Breakdown by System
11.2.7.2.4 US HVAC Controls Market Breakdown by End User
11.2.7.3 Canada HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.3.1 Canada HVAC Controls Market Breakdown by Component
11.2.7.3.1.1 Canada HVAC Controls Market Breakdown by Hardware
11.2.7.3.2 Canada HVAC Controls Market Breakdown by Installation Type
11.2.7.3.3 Canada HVAC Controls Market Breakdown by System
11.2.7.3.4 Canada HVAC Controls Market Breakdown by End User
11.2.7.4 Mexico HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.4.1 Mexico HVAC Controls Market Breakdown by Component
11.2.7.4.1.1 Mexico HVAC Controls Market Breakdown by Hardware
11.2.7.4.2 Mexico HVAC Controls Market Breakdown by Installation Type
11.2.7.4.3 Mexico HVAC Controls Market Breakdown by System
11.2.7.4.4 Mexico HVAC Controls Market Breakdown by End User
11.3 Europe
11.3.1 Europe HVAC Controls Market Overview
11.3.2 Europe HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.3 Europe HVAC Controls Market Breakdown by Component
11.3.3.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Component
11.3.3.1.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Hardware
11.3.4 Europe HVAC Controls Market Breakdown by Installation Type
11.3.4.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Installation Type
11.3.5 Europe HVAC Controls Market Breakdown by System
11.3.5.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By System
11.3.6 Europe HVAC Controls Market Breakdown by End User
11.3.6.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By End User
11.3.7 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.3.7.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.3.7.2 UK HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.2.1 UK HVAC Controls Market Breakdown by Component
11.3.7.2.1.1 UK HVAC Controls Market Breakdown by Hardware
11.3.7.2.2 UK HVAC Controls Market Breakdown by Installation Type
11.3.7.2.3 UK HVAC Controls Market Breakdown by System
11.3.7.2.4 UK HVAC Controls Market Breakdown by End User
11.3.7.3 Germany HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.3.1 Germany HVAC Controls Market Breakdown by Component
11.3.7.3.1.1 Germany HVAC Controls Market Breakdown by Hardware
11.3.7.3.2 Germany HVAC Controls Market Breakdown by Installation Type
11.3.7.3.3 Germany HVAC Controls Market Breakdown by System
11.3.7.3.4 Germany HVAC Controls Market Breakdown by End User
11.3.7.4 France HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.4.1 France HVAC Controls Market Breakdown by Component
11.3.7.4.1.1 France HVAC Controls Market Breakdown by Hardware
11.3.7.4.2 France HVAC Controls Market Breakdown by Installation Type
11.3.7.4.3 France HVAC Controls Market Breakdown by System
11.3.7.4.4 France HVAC Controls Market Breakdown by End User
11.3.7.5 Italy HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.5.1 Italy HVAC Controls Market Breakdown by Component
11.3.7.5.1.1 Italy HVAC Controls Market Breakdown by Hardware
11.3.7.5.2 Italy HVAC Controls Market Breakdown by Installation Type
11.3.7.5.3 Italy HVAC Controls Market Breakdown by System
11.3.7.5.4 Italy HVAC Controls Market Breakdown by End User
11.3.7.6 Russia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.6.1 Russia HVAC Controls Market Breakdown by Component
11.3.7.6.1.1 Russia HVAC Controls Market Breakdown by Hardware
11.3.7.6.2 Russia HVAC Controls Market Breakdown by Installation Type
11.3.7.6.3 Russia HVAC Controls Market Breakdown by System
11.3.7.6.4 Russia HVAC Controls Market Breakdown by End User
11.3.7.7 Rest of Europe HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.7.1 Rest of Europe HVAC Controls Market Breakdown by Component
11.3.7.7.1.1 Rest of Europe HVAC Controls Market Breakdown by Hardware
11.3.7.7.2 Rest of Europe HVAC Controls Market Breakdown by Installation Type
11.3.7.7.3 Rest of Europe HVAC Controls Market Breakdown by System
11.3.7.7.4 Rest of Europe HVAC Controls Market Breakdown by End User
11.4 Asia Pacific
11.4.1 Asia Pacific HVAC Controls Market Overview
11.4.2 Asia Pacific HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.3 Asia Pacific HVAC Controls Market Breakdown by Component
11.4.3.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By Component
11.4.3.1.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By Hardware
11.4.4 Asia Pacific HVAC Controls Market Breakdown by Installation Type
11.4.4.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By Installation Type
11.4.5 Asia Pacific HVAC Controls Market Breakdown by System
11.4.5.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By System
11.4.6 Asia Pacific HVAC Controls Market Breakdown by End User
11.4.6.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By End User
11.4.7 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.4.7.1 Asia Pacific HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.4.7.2 China HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.2.1 China HVAC Controls Market Breakdown by Component
11.4.7.2.1.1 China HVAC Controls Market Breakdown by Hardware
11.4.7.2.2 China HVAC Controls Market Breakdown by Installation Type
11.4.7.2.3 China HVAC Controls Market Breakdown by System
11.4.7.2.4 China HVAC Controls Market Breakdown by End User
11.4.7.3 Japan HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.3.1 Japan HVAC Controls Market Breakdown by Component
11.4.7.3.1.1 Japan HVAC Controls Market Breakdown by Hardware
11.4.7.3.2 Japan HVAC Controls Market Breakdown by Installation Type
11.4.7.3.3 Japan HVAC Controls Market Breakdown by System
11.4.7.3.4 Japan HVAC Controls Market Breakdown by End User
11.4.7.4 South Korea HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.4.1 South Korea HVAC Controls Market Breakdown by Component
11.4.7.4.1.1 South Korea HVAC Controls Market Breakdown by Hardware
11.4.7.4.2 South Korea HVAC Controls Market Breakdown by Installation Type
11.4.7.4.3 South Korea HVAC Controls Market Breakdown by System
11.4.7.4.4 South Korea HVAC Controls Market Breakdown by End User
11.4.7.5 India HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.5.1 India HVAC Controls Market Breakdown by Component
11.4.7.5.1.1 India HVAC Controls Market Breakdown by Hardware
11.4.7.5.2 India HVAC Controls Market Breakdown by Installation Type
11.4.7.5.3 India HVAC Controls Market Breakdown by System
11.4.7.5.4 India HVAC Controls Market Breakdown by End User
11.4.7.6 Australia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.6.1 Australia HVAC Controls Market Breakdown by Component
11.4.7.6.1.1 Australia HVAC Controls Market Breakdown by Hardware
11.4.7.6.2 Australia HVAC Controls Market Breakdown by Installation Type
11.4.7.6.3 Australia HVAC Controls Market Breakdown by System
11.4.7.6.4 Australia HVAC Controls Market Breakdown by End User
11.4.7.7 Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.7.1 Rest of Asia Pacific HVAC Controls Market Breakdown by Component
11.4.7.7.1.1 Rest of Asia Pacific HVAC Controls Market Breakdown by Hardware
11.4.7.7.2 Rest of Asia Pacific HVAC Controls Market Breakdown by Installation Type
11.4.7.7.3 Rest of Asia Pacific HVAC Controls Market Breakdown by System
11.4.7.7.4 Rest of Asia Pacific HVAC Controls Market Breakdown by End User
11.5 Middle East & Africa
11.5.1 Middle East & Africa HVAC Controls Market Overview
11.5.2 Middle East & Africa HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.3 Middle East & Africa HVAC Controls Market Breakdown by Component
11.5.3.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Component
11.5.3.1.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Hardware
11.5.4 Middle East & Africa HVAC Controls Market Breakdown by Installation Type
11.5.4.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Installation Type
11.5.5 Middle East & Africa HVAC Controls Market Breakdown by System
11.5.5.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By System
11.5.6 Middle East & Africa HVAC Controls Market Breakdown by End User
11.5.6.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By End User
11.5.7 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.5.7.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.5.7.2 Saudi Arabia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.2.1 Saudi Arabia HVAC Controls Market Breakdown by Component
11.5.7.2.1.1 Saudi Arabia HVAC Controls Market Breakdown by Hardware
11.5.7.2.2 Saudi Arabia HVAC Controls Market Breakdown by Installation Type
11.5.7.2.3 Saudi Arabia HVAC Controls Market Breakdown by System
11.5.7.2.4 Saudi Arabia HVAC Controls Market Breakdown by End User
11.5.7.3 UAE HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.3.1 UAE HVAC Controls Market Breakdown by Component
11.5.7.3.1.1 UAE HVAC Controls Market Breakdown by Hardware
11.5.7.3.2 UAE HVAC Controls Market Breakdown by Installation Type
11.5.7.3.3 UAE HVAC Controls Market Breakdown by System
11.5.7.3.4 UAE HVAC Controls Market Breakdown by End User
11.5.7.4 South Africa HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.4.1 South Africa HVAC Controls Market Breakdown by Component
11.5.7.4.1.1 South Africa HVAC Controls Market Breakdown by Hardware
11.5.7.4.2 South Africa HVAC Controls Market Breakdown by Installation Type
11.5.7.4.3 South Africa HVAC Controls Market Breakdown by System
11.5.7.4.4 South Africa HVAC Controls Market Breakdown by End User
11.5.7.5 Rest of MEA HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.5.1 Rest of MEA HVAC Controls Market Breakdown by Component
11.5.7.5.1.1 Rest of MEA HVAC Controls Market Breakdown by Hardware
11.5.7.5.2 Rest of MEA HVAC Controls Market Breakdown by Installation Type
11.5.7.5.3 Rest of MEA HVAC Controls Market Breakdown by System
11.5.7.5.4 Rest of MEA HVAC Controls Market Breakdown by End User
11.6 South America
11.6.1 South America HVAC Controls Market Overview
11.6.2 South America HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.3 South America HVAC Controls Market Breakdown by Component
11.6.3.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By Component
11.6.3.1.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By Hardware
11.6.4 South America HVAC Controls Market Breakdown by Installation Type
11.6.4.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By Installation Type
11.6.5 South America HVAC Controls Market Breakdown by System
11.6.5.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By System
11.6.6 South America HVAC Controls Market Breakdown by End User
11.6.6.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By End User
11.6.7 South America HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.6.7.1 South America HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.6.7.2 Brazil HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.2.1 Brazil HVAC Controls Market Breakdown by Component
11.6.7.2.1.1 Brazil HVAC Controls Market Breakdown by Hardware
11.6.7.2.2 Brazil HVAC Controls Market Breakdown by Installation Type
11.6.7.2.3 Brazil HVAC Controls Market Breakdown by System
11.6.7.2.4 Brazil HVAC Controls Market Breakdown by End User
11.6.7.3 Argentina HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.3.1 Argentina HVAC Controls Market Breakdown by Component
11.6.7.3.1.1 Argentina HVAC Controls Market Breakdown by Hardware
11.6.7.3.2 Argentina HVAC Controls Market Breakdown by Installation Type
11.6.7.3.3 Argentina HVAC Controls Market Breakdown by System
11.6.7.3.4 Argentina HVAC Controls Market Breakdown by End User
11.6.7.4 Rest of SAM HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.6.7.4.1 Rest of SAM HVAC Controls Market Breakdown by Component
11.6.7.4.1.1 Rest of SAM HVAC Controls Market Breakdown by Hardware
11.6.7.4.2 Rest of SAM HVAC Controls Market Breakdown by Installation Type
11.6.7.4.3 Rest of SAM HVAC Controls Market Breakdown by System
11.6.7.4.4 Rest of SAM HVAC Controls Market Breakdown by End User
12. HVAC Controls Market – Impact of COVID-19 Pandemic
12.1 Pre & Post Covid-19 Impact
13. Competitive Landscape
13.1 Heat Map Analysis By Key Players
13.2 Company Positioning & Concentration
14. Industry Landscape
14.1 Overview
14.2 Market Initiatives
14.3 New Product Development
14.4 Merger and Acquisition
15. Company Profiles
15.1 Carrier Global Corporation
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 DAIKIN INDUSTRIES, Ltd.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Delta Controls
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Acuity Brands, Inc.
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Emerson Electric Co.
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Honeywell International Inc.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Johnson Controls, Inc.
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Schneider Electric SE
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 Siemens AG
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
15.10 Lennox International Inc.
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Products and Services
15.10.4 Financial Overview
15.10.5 SWOT Analysis
15.10.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Word Index
List of Tables
Table 1. HVAC Controls Market Segmentation
Table 2. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 4. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Installation Type
Table 5. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – System
Table 6. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 7. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 9. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 10. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 11. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 12. North America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 13. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 16. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 17. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 18. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 19. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 20. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 21. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 22. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 23. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 24. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 25. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 26. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 27. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 28. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 29. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 30. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 31. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 32. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 33. Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 34. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 35. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 36. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 37. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 38. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 39. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 40. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 41. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 42. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 43. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 44. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 45. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 46. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 47. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 48. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 49. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 50. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 51. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 52. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 53. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 54. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 55. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 56. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 57. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 58. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 59. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 60. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 61. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 62. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 63. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 64. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 65. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 66. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 67. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 68. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 69. Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 70. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 71. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 72. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 73. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 74. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 75. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 76. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 77. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 78. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 79. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 80. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 81. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 82. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 83. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 84. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 85. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 86. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 87. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 88. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 89. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 90. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 91. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 92. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 93. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 94. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 95. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 96. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 97. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 98. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 99. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 100. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 101. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 102. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 103. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 104. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 105. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 106. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 107. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 108. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 109. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 110. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 111. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 112. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 113. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 114. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 115. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 116. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 117. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 118. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 119. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 120. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 121. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 122. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 123. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 124. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 125. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 126. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 127. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 128. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 129. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 130. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 131. South America HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 132. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 133. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 134. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 135. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 136. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 137. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 138. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 139. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 140. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 141. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 142. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 143. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 144. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 145. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 146. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 147. Heat Map Analysis By Key Players
Table 148. List of Abbreviation
List of Figures
Figure 1. HVAC Controls Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: HVAC Controls Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. HVAC Controls Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. HVAC Controls Market Revenue (US$ Million), 2022 – 2030
Figure 7. HVAC Controls Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Sensor Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Controllers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Smart Vents Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Software & Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. HVAC Controls Market Share (%) – Installation Type, 2022 and 2030
Figure 15. Retrofit Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. New Installation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. HVAC Controls Market Share (%) – System, 2022 and 2030
Figure 18. Temperature Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Integrated Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Ventilation Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Humidity Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. HVAC Controls Market Share (%) – End User, 2022 and 2030
Figure 23. Commercial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Industrial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Residential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. HVAC Controls Market Breakdown by Region, 2022 and 2030 (%)
Figure 27. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. HVAC Controls Market Breakdown by Component (2022 and 2030)
Figure 29. HVAC Controls Market Breakdown by Installation Type (2022 and 2030)
Figure 30. HVAC Controls Market Breakdown by System (2022 and 2030)
Figure 31. HVAC Controls Market Breakdown by End User (2022 and 2030)
Figure 32. HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 33. US HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 34. Canada HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 35. Mexico HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. HVAC Controls Market Breakdown by Component (2022 and 2030)
Figure 38. HVAC Controls Market Breakdown by Installation Type (2022 and 2030)
Figure 39. HVAC Controls Market Breakdown by System (2022 and 2030)
Figure 40. HVAC Controls Market Breakdown by End User (2022 and 2030)
Figure 41. HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 42. UK HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 43. Germany HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 44. France HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. Italy HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Russia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 47. Rest of Europe HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. HVAC Controls Market Breakdown by Component (2022 and 2030)
Figure 50. HVAC Controls Market Breakdown by Installation Type (2022 and 2030)
Figure 51. HVAC Controls Market Breakdown by System (2022 and 2030)
Figure 52. HVAC Controls Market Breakdown by End User (2022 and 2030)
Figure 53. HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 54. China HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 55. Japan HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 56. South Korea HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 57. India HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 58. Australia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 59. Rest of Asia Pacific HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. HVAC Controls Market Breakdown by Component (2022 and 2030)
Figure 62. HVAC Controls Market Breakdown by Installation Type (2022 and 2030)
Figure 63. HVAC Controls Market Breakdown by System (2022 and 2030)
Figure 64. HVAC Controls Market Breakdown by End User (2022 and 2030)
Figure 65. HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 66. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 67. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 68. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 69. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 70. HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 71. HVAC Controls Market Breakdown by Component (2022 and 2030)
Figure 72. HVAC Controls Market Breakdown by Installation Type (2022 and 2030)
Figure 73. HVAC Controls Market Breakdown by System (2022 and 2030)
Figure 74. HVAC Controls Market Breakdown by End User (2022 and 2030)
Figure 75. HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 76. Brazil HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 77. Argentina HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 78. Rest of SAM HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 79. Company Positioning & Concentration
The List of Companies - HVAC Controls Market
- Acuity brands inc.
- Lennox international Inc.
- Johnson Controls
- Honeywell
- Siemens
- Schneider Electric
- Emerson
- Carrier
- Daikin
- Delta Controls
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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