Heating, Ventilation and Air Conditioning: Global Markets
BCC Research estimates the total global market for commercial and residential HVAC (heating, ventilation, and air conditioning) systems at $69.8 billion in 2013 and $75.4 billion in 2014. This market is expected to reach $116.6 billion by 2019, registering a compound annual growth rate (CAGR) of 9.1% over the next five years.
- An overview of the global market for heating, ventilation, and air conditioning (HVAC), the technology of indoor residential, commercial, and industrial environmental comfort.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Examination of factors influencing demand, including the development of energy saving and tighter energy-efficiency regulation, the convergence of all home equipment on a single home management platform through the Internet, and the development of efficient technologies such as heat pump.
- Discussion of market drivers, such as demographic trends, economic growth, improved living standards, the state of the construction market, the push for "green" building, and the smart grid infrastructure.
- Comprehensive company profiles of major vendors.
The study covers the major segments of the HVAC market, which are defined as:
- New installations.
The study addresses the major enabling technologies for the various types of home automation products, such as:
- Network and connectivity.
The study format includes the following major elements:
- Executive summary.
- Market Definition.
- HVAC functions.
Patrick Levy, the author of this report, is the CEO of the Boston based international technology, marketing and competitive intelligence firm Pulsar-CI. One of Pulsar-CI’s activities is the publication of Smartgrid-CI a daily competitive intelligence newsletter dedicated to the global smart grid and electric power markets that includes news and analysis on all aspects of the global utility and power energy business.
He is the author of numerous reports on a diversity of B-to-B sectors and has more than five years strategy consulting and market research experience with the energy sector, conducted for global clients in North America, Europe and the Middle East. He also has extensive knowledge of high technology industries from several years of Program Manager experience with IDC, a world leading market research firm. Patrick Levy has an MBA from the Darden Graduate School of Business Administration, University of Virginia.