HVAC Controls Market Forecast to 2028

HVAC Controls Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component Type (Sensors, Controllers, Smart Vents, and Others), Installation Type (New Installation and Retrofit), System (Temperature Control System, Humidity Control System, Ventilation Control System, and Integrated Control System), and End User (Residential, Commercial, and Industrial)

Report Code : TIPEL00002153 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 30/Jun/2022

The global HVAC controls market is expected to grow from US$ 6,500.0 million in 2021 to US$ 20,126.56 million by 2028; it is estimated to grow at a CAGR of 17.63 % from 2022 to 2028.

The HVAC system is one of the major electricity consumers, particularly in commercial or residential buildings. At present, air conditioners and electric fans contribute to ~20% of the total electricity consumption in a building. Furthermore, as per International Energy Agency’s (IEA) report, the energy demand from air conditioners is expected to grow three times by 2050. According to the US Department of Energy (DOE), commercial buildings use energy worth US$ 190 billion annually. The growing energy demands from HVAC systems are resulting in rising electricity costs. Therefore, the HVAC manufacturers are seeking ways to enhance their products’ energy efficiency and offer tools to customers that can help them monitor their devices/systems in the HVAC controls market.

Implementation of IoT into the HVAC sector enables remote appliance control and significantly better customer-centric services in the HVAC controls market. Integrating IoT in the energy sector is the operational insight into HVAC appliances and techniques to reduce energy usage in the HVAC controls market significantly. For instance, HVAC contractors can get their devices to monitor occupancy inside the building by combining smart devices with motion sensors. The system might recommend that the customer dial down the heating (or cooling) to save energy through an app message when there is no movement for an extended time inside the building. Moreover, the controls readily use the most recent networking and AI technologies, enabling them to gradually learn the preferences of the tenants and adapt to their comfort requirements. HVAC manufacturers aim to grow their market share by offering consumers intelligent HVAC solutions. Lighting and HVAC systems use the most energy in commercial or residential buildings in the HVAC controls market. Implementing machine-to-machine (M2M) connectivity with IoT in various applications supports cost savings, resource conservation, predictive maintenance, comfort control, and healthy building performance in the HVAC controls market. As a result, there is a higher need for IoT-based HVAC control systems. Thus, implementing smart, connected, and energy-efficient IoT-enabled HVAC systems is driving the market growth of the HVAC controls.

Europe dominated the HVAC controls market owing to factors such as diverse climatic conditions, rising population, growing spending capability of people, availability of affordable systems, and rapid urbanization in the developing countries of Europe. Further, the presence of various HVAC systems and HVAC controls manufacturers in countries such as China and India influences the HVAC controls market growth in the APAC region. North America is expected to witness significant growth in the HVAC controls market. However, the requirement to upgrade or replace outdated control systems with newer ones is propelling the HVAC controls market growth in the region. A higher proportion of smart houses, especially in the US, is significantly affecting the market growth. Smart HVAC controls can be integrated into smart homes with the help of connected gadgets, making them easier to use and more efficient. The region is also distinguished by OEMs, manufacturers, and a sizable consumer base. The market is expanding considerably due to regional businesses such as Johnson Controls, Nest, and Honeywell International. In Europe, the growth of the HVAC controls market is propelled by stringent government regulations for efficient building management systems. The need for HVAC control systems is driven by the growing emphasis on smart technologies in Europe. In residential, commercial, and industrial settings, the control systems aid in maximizing the management of air handling and chiller units in the HVAC controls market. The HVAC controls market is growing due to the requirement to adjust temperature settings per the outside atmosphere and the existing occupancy. The demand for HVAC controls is driven by the increasing construction activities in the MEA. Governments in the MEA countries are focusing on developing the tourism & industrial sectors, which is expected to boost the demand for HVAC systems in the region. Further, the high-technology adoption in the construction sector of GCC is witnessing robust demand for smart HVAC systems. Moreover, the extreme climate conditions and high electricity prices are increasing the demand for HVAC sensors. In SAM, the demand for HVAC controls is propelled by the rising urbanization and increasing capability of the middle-class population to install efficient HVAC systems.

Indoor environments are becoming more and more comfortable and efficient to maintain through the development of innovative technologies and networks of sensors that regulate heating, ventilation, and air conditioning systems. The sensor covers a wide range of application needs in the HVAC and refrigeration industries in the HVAC controls market. Temperature, humidity, and pressure sensors are the most commonly used for HVAC and HVAC control applications. Temperature sensors can monitor ambient conditions, liquids, and gases used to heat and cool the medium. The pressure sensor and transducer can work similarly to ensure efficiency. The humidity sensor can be integrated into a humidification or dehumidification system for increased comfort. These factors result in the growth of the HVAC controls market during the forecast period.

Key companies in the HVAC controls market include Carrier, Daikin, Delta Controls, Distech Control Inc., Emerson Electric Co., Honeywell International Inc, Johnson Controls, Lennox International Inc, Siemens AG, and Schneider Electric. The report also comprises secondary research work on other companies that hold a significant share in the HVAC controls market share.

The overall size of the HVAC controls market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the HVAC controls market. The process also serves the purpose of obtaining an overview and forecast for the HVAC controls market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the HVAC controls market. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the HVAC controls market.

According to our latest market study on “HVAC Controls Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component Type, Installation Type, System, and End-User” the market is expected to grow from US$ 6,500.0 million in 2021 to US$ 20,126.56 million by 2028; it is estimated to grow at a CAGR of 17.63 % from 2022 to 2028.

With significant investment in commercial construction, infrastructural and institutional projects such as railway stations, bus terminals, airports, and educational institutions, the construction sector is expanding dramatically in emerging APAC, the MEA, and SAM countries. The building industry's growth is due to the rapidly expanding urban population's desire for a higher standard of living. Moreover, the development of commercial structures, including office buildings, movie theatres, retail malls, and recreational facilities, is accelerating the installation of HVAC systems. A few economies intend to expand their industrial sectors by fostering a welcoming business environment for foreign investors and providing assistance to domestic firms. Further, a few measures were launched by governments to assist industrialization, such as Made in China 2025, Make in India, Saudi Arabia's National Industrial Development and Logistics Program, and the UAE Strategy for the Fourth Industrial Revolution. Moreover, several multinational companies are moving their manufacturing operations to low-cost economies in ASEAN, accelerating the number of industrial buildings. As one of the essential systems in the construction process, HVAC system deployment is rising with the expansion of construction activities. The HVAC controls should benefit as a result of this element. Thus, growth in the construction sector is driving the demand for HVAC controls.

Impact of COVID-19 Pandemic on HVAC Controls Market

Governments in Asia Pacific nations implemented lockdown and physical distance regulations, which had a detrimental impact on the manufacturing industry, as part of numerous critical measures to stop the spread of the virus. With multiple manufacturers operating and supporting numerous industries worldwide, China has a sizably large number of electronics and semiconductor manufacturing companies. The Chinese HVAC Controls market participants noticed a significant influence on their businesses during the first quarter of 2020, which showed a sharp fall in revenue creation and led to losses in both the Chinese and APAC HVAC Controls markets. In addition, the vast majority of HVAC system producers are located in China.

The Chinese government's Q1 lockdown measures and physical separation rules caused a significant decrease in the supply of HVAC systems, ultimately devastatingly impacting the market for HVAC Controls. The other two nations with significant populations of electronics and semiconductor makers and end customers are Japan and India. Although the nations relaxed the lockdown regulations and permitted the operation of manufacturing facilities, the fall in demand and supply has negatively impacted the HVAC Controls market players in both nations. As the entire electronics and semiconductor manufacturing sector was severely impacted, the recovery period is anticipated to begin by 2022. Vendors increase their consumer bases in emerging markets and draw new clients due to the new features and technology, which drives the growth of the HVAC controls market in APAC. The APAC HVAC controls market is anticipated to expand at a strong CAGR during the forecast period.

Key Findings of Study

Geographically, the HVAC Controls market is divided into five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia Pacific dominated the overall market in 2021. North America contributed the second-largest share of the HVAC controls market in 2021, followed by Europe. The global HVAC Controls market is segmented into component type, installation type, system, end-user, and geography. Based on component type, the HVAC controls market is segmented into sensors, controllers, smart vents, and others. In 2021, the controllers segment led the HVAC controls market with the largest HVAC controls market share. Based on installation type, the HVAC controls market is bifurcated into new installation and retrofit. In 2021, the new installation segment is dominate the HVAC control market during the forecast period. Based on system, the HVAC controls market is segmented into temperature control system, humidity control system, ventilation control system, and integrated control system. Based on end user, the HVAC controls market is segmented into residential, commercial, and industrial. The commercial segment is expected to dominate the HVAC control market throughout the forecast period.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global HVAC Controls Market – By Component Type

1.3.2 Global HVAC Controls Market – By Installation

1.3.3 Global HVAC Controls Market – By Application

1.3.4 Industrial Global HVAC Controls Market – By End User

1.3.5 Global HVAC Controls Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. HVAC Controls Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. HVAC Controls Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Growth in Construction Sector

5.1.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems

5.2 Market Restraints

5.2.1 Lack of Awareness Among End-Users Leads To Low HVAC Controls Adoption

5.3 Market Opportunities

5.3.1 Rising Adoption of Cloud Computing in HVAC

5.3.2 Development of Smart Cities

5.4 Future Trends

5.4.1 Advancement in Green Technology

5.5 Impact Analysis of Drivers and Restraints

6. HVAC Controls Market – Global Market Analysis

6.1 HVAC Controls Market Global Overview

6.2 Global HVAC Controls Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. HVAC Controls Market Revenue and Forecast to 2028 – Component

7.1 Overview

7.2 HVAC Controls Market, By Component (2021 And 2028)

7.3 Sensors

7.3.1 Overview

7.3.2 Sensors: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

7.4 Controllers

7.4.1 Overview

7.4.2 Controllers: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

7.5 Smart Vents

7.5.1 Overview

7.5.2 Smart Vents: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

8. HVAC Controls Market Revenue and Forecast to 2028 – Installation Type

8.1 Overview

8.2 HVAC Controls Market, By Installation Type (2021 And 2028)

8.3 New Installation

8.3.1 Overview

8.3.2 New Installation: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

8.4 Retrofit

8.4.1 Overview

8.4.2 Retrofit: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

9. HVAC Controls Market Revenue and Forecast to 2028 – System

9.1 Overview

9.2 HVAC Controls Market, By System (2021 And 2028)

9.3 Temperature Control System

9.3.1 Overview

9.3.2 Temperature Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

9.4 Humidity Control System

9.4.1 Overview

9.4.2 Humidity Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

9.5 Ventilation Control System

9.5.1 Overview

9.5.2 Ventilation Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

9.6 Integrated Control System

9.6.1 Overview

9.6.2 Integrated Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

10. HVAC Controls Market Revenue and Forecast to 2028 – End User

10.1 Overview

10.2 HVAC Controls Market, By End User (2021 And 2028)

10.3 Residential

10.3.1 Overview

10.3.2 Residential: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

10.4 Commercial

10.4.1 Overview

10.4.2 Commercial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

10.5 Industrial

10.5.1 Overview

10.5.2 Industrial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)

11. HVAC Controls Market – Geographic Analysis

11.1 Overview

11.2 North America: HVAC Controls

11.2.1 North America: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.2.2 North America: HVAC Controls, By Component

11.2.3 North America: HVAC Controls Market, By Installation Type

11.2.4 North America: HVAC Controls Market, By System

11.2.5 North America: HVAC Controls Market, By End User

11.2.6 North America: HVAC Controls, by Key Country

11.2.6.1 US: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.2.6.1.1 US: HVAC Controls, By Component

11.2.6.1.2 US: HVAC Controls Market, By Installation Type

11.2.6.1.3 US: HVAC Controls Market, By System

11.2.6.1.4 US: HVAC Controls Market, By End User

11.2.6.2 Canada: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.2.6.2.1 Canada: HVAC Controls, By Component

11.2.6.2.2 Canada: HVAC Controls Market, By Installation Type

11.2.6.2.3 Canada: HVAC Controls Market, By System

11.2.6.2.4 Canada: HVAC Controls Market, By End User

11.2.6.3 Mexico: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.2.6.3.1 Mexico: HVAC Controls, By Component

11.2.6.3.2 Mexico: HVAC Controls Market, By Installation Type

11.2.6.3.3 Mexico: HVAC Controls Market, By System

11.2.6.3.4 Mexico: HVAC Controls Market, By End User

11.3 Europe: HVAC Controls

11.3.1 Europe: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.2 Europe: HVAC Controls, By Component

11.3.3 Europe: HVAC Controls Market, By Installation Type

11.3.4 Europe: HVAC Controls Market, By System

11.3.5 Europe: HVAC Controls Market, By End User

11.3.6 Europe: HVAC Controls, by Key Country

11.3.6.1 France: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.1.1 France: HVAC Controls, By Component

11.3.6.1.2 France: HVAC Controls Market, By Installation Type

11.3.6.1.3 France: HVAC Controls Market, By System

11.3.6.1.4 France: HVAC Controls Market, By End User

11.3.6.2 Germany: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.2.1 Germany: HVAC Controls, By Component

11.3.6.2.2 Germany: HVAC Controls Market, By Installation Type

11.3.6.2.3 Germany: HVAC Controls Market, By System

11.3.6.2.4 Germany: HVAC Controls Market, By End User

11.3.6.3 UK: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.3.1 UK: HVAC Controls, By Component

11.3.6.3.2 UK: HVAC Controls Market, By Installation Type

11.3.6.3.3 UK: HVAC Controls Market, By System

11.3.6.3.4 UK: HVAC Controls Market, By End User

11.3.6.4 Italy: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.4.1 Italy: HVAC Controls, By Component

11.3.6.4.2 Italy: HVAC Controls Market, By Installation Type

11.3.6.4.3 Italy: HVAC Controls Market, By System

11.3.6.4.4 Italy: HVAC Controls Market, By End User

11.3.6.5 Russia: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.5.1 Russia: HVAC Controls, By Component

11.3.6.5.2 Russia: HVAC Controls Market, By Installation Type

11.3.6.5.3 Russia: HVAC Controls Market, By System

11.3.6.5.4 Russia: HVAC Controls Market, By End User

11.3.6.6 Rest of Europe: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.3.6.6.1 Rest of Europe: HVAC Controls, By Component

11.3.6.6.2 Rest of Europe: HVAC Controls Market, By Installation Type

11.3.6.6.3 Rest of Europe: HVAC Controls Market, By System

11.3.6.6.4 Rest of Europe: HVAC Controls Market, By End User

11.4 APAC: HVAC Controls Market

11.4.1 Overview

11.4.2 Asia Pacific: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.4.3 Asia Pacific: HVAC Controls, By Component

11.4.4 Asia Pacific: HVAC Controls Market, By Installation Type

11.4.5 Asia Pacific: HVAC Controls Market, By System

11.4.6 Asia Pacific: HVAC Controls Market, By End User

11.4.7 Asia Pacific: HVAC Controls, by Key Country

11.4.7.1 Australia HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.1.1 Australia: HVAC Controls, By Component

11.4.7.1.2 Australia: HVAC Controls Market, By Installation Type

11.4.7.1.3 Australia: HVAC Controls Market, By System

11.4.7.1.4 Australia: HVAC Controls Market, By End User

11.4.7.2 China HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.2.1 China: HVAC Controls, By Component

11.4.7.2.2 China: HVAC Controls Market, By Installation Type

11.4.7.2.3 China: HVAC Controls Market, By System

11.4.7.2.4 China: HVAC Controls Market, By End User

11.4.7.3 India HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.3.1 India: HVAC Controls, By Component

11.4.7.3.2 India: HVAC Controls Market, By Installation Type

11.4.7.3.3 India: HVAC Controls Market, By System

11.4.7.3.4 India: HVAC Controls Market, By End User

11.4.7.4 Japan HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.4.1 Japan: HVAC Controls, By Component

11.4.7.4.2 Japan: HVAC Controls Market, By Installation Type

11.4.7.4.3 Japan: HVAC Controls Market, By System

11.4.7.4.4 Japan: HVAC Controls Market, By End User

11.4.7.5 South Korea HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.4.7.5.1 South Korea: HVAC Controls, By Component

11.4.7.5.2 South Korea: HVAC Controls Market, By Installation Type

11.4.7.5.3 South Korea: HVAC Controls Market, By System

11.4.7.5.4 South Korea: HVAC Controls Market, By End User

11.4.7.6 Rest of APAC HVAC controls market, Revenue and Forecast to 2028 (US$ million)

11.4.7.6.1 Rest of APAC: HVAC Controls, By Component

11.4.7.6.2 Rest of APAC: HVAC Controls Market, By Installation Type

11.4.7.6.3 Rest of APAC: HVAC Controls Market, By System

11.4.7.6.4 Rest of APAC: HVAC Controls Market, By End User

11.5 MEA: HVAC Controls Market

11.5.1 Overview

11.5.2 MEA: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.5.3 MEA: HVAC Controls, By Component

11.5.4 MEA: HVAC Controls Market, By Installation Type

11.5.5 MEA: HVAC Controls Market, By System

11.5.6 MEA: HVAC Controls Market, By End User

11.5.7 Middle East and Africa: HVAC Controls, by Key Country

11.5.7.1 Saudi Arabia HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.1.1 Saudi Arabia: HVAC Controls, By Component

11.5.7.1.2 Saudi Arabia: HVAC Controls Market, By Installation Type

11.5.7.1.3 Saudi Arabia: HVAC Controls Market, By System

11.5.7.1.4 Saudi Arabia: HVAC Controls Market, By End User

11.5.7.2 UAE HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.2.1 UAE: HVAC Controls, By Component

11.5.7.2.2 UAE: HVAC Controls Market, By Installation Type

11.5.7.2.3 UAE: HVAC Controls Market, By System

11.5.7.2.4 UAE: HVAC Controls Market, By End User

11.5.7.3 South Africa HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.3.1 South Africa: HVAC Controls, By Component

11.5.7.3.2 South Africa: HVAC Controls Market, By Installation Type

11.5.7.3.3 South Africa: HVAC Controls Market, By System

11.5.7.3.4 South Africa: HVAC Controls Market, By End User

11.5.7.4 Rest of MEA HVAC Controls Market, Revenue and Forecast to 2028 (US$ million)

11.5.7.4.1 Rest of MEA: HVAC Controls, By Component

11.5.7.4.2 Rest of MEA: HVAC Controls Market, By Installation Type

11.5.7.4.3 Rest of MEA: HVAC Controls Market, By System

11.5.7.4.4 Rest of MEA: HVAC Controls Market, By End User

11.6 SAM: HVAC Controls

11.6.1 SAM: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.6.2 SAM: HVAC Controls, By Component

11.6.3 SAM: HVAC Controls Market, By Installation Type

11.6.4 SAM: HVAC Controls Market, By System

11.6.5 SAM: HVAC Controls Market, By End User

11.6.6 SAM: HVAC Controls, by Key Country

11.6.6.1 Brazil: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.6.6.1.1 Brazil: HVAC Controls, By Component

11.6.6.1.2 Brazil: HVAC Controls Market, By Installation Type

11.6.6.1.3 Brazil: HVAC Controls Market, By System

11.6.6.1.4 Brazil: HVAC Controls Market, By End User

11.6.6.2 Argentina: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.6.6.2.1 Argentina: HVAC Controls, By Component

11.6.6.2.2 Argentina: HVAC Controls Market, By Installation Type

11.6.6.2.3 Argentina: HVAC Controls Market, By System

11.6.6.2.4 Argentina: HVAC Controls Market, By End User

11.6.6.3 Rest of SAM: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

11.6.6.3.1 Rest of SAM: HVAC Controls, By Component

11.6.6.3.2 Rest of SAM: HVAC Controls Market, By Installation Type

11.6.6.3.3 Rest of SAM: HVAC Controls Market, By System

11.6.6.3.4 Rest of SAM: HVAC Controls Market, By End User

12. Impact of COVID-19 Pandemic on HVAC Controls Market

12.1 Overview

12.2 North America: Impact Assessment of COVID-19 Pandemic

12.3 Europe: Impact Assessment of COVID-19 Pandemic

12.4 APAC: Impact Assessment of COVID-19 Pandemic

12.5 MEA: Impact Assessment of COVID-19 Pandemic

12.6 SAM: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Market Initiative

13.2 Merger and Acquisition

13.3 New Development

14. Company Profiles

14.1 Carrier Global Corporation

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 DAIKIN INDUSTRIES, Ltd.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Delta Controls

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Distech Controls

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Emerson Electric Co.

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Honeywell International Inc.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Johnson Controls, Inc.

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Schneider Electric SE

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Siemens AG

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Lennox International Inc.

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Glossary

LIST OF TABLES.

Table 1. Global HVAC Controls Market, Revenue and Forecast, 2019–2028 (US$ Million)

Table 2. North America: HVAC Controls, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: HVAC Controls Market, By Installation Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: HVAC Controls Market, By System – Revenue and Forecast to 2028 (US$ Million)

Table 5. North America: HVAC Controls Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 7. US: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 8. US: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 9. US: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 11. Canada: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 12. Canada: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 13. Canada: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 14. Mexico: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 15. Mexico: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 16. Mexico: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 17. Mexico: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 18. Europe: HVAC Controls, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 19. Europe: HVAC Controls Market, By Installation Type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Europe: HVAC Controls Market, By System – Revenue and Forecast to 2028 (US$ Million)

Table 21. Europe: HVAC Controls Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 22. France: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 23. France: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 24. France: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 25. France: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 26. Germany: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 27. Germany: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 28. Germany: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 29. Germany: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 30. UK: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 31. UK: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 32. UK: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 33. UK: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 34. Italy: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 35. Italy: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 36. Italy: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 37. Italy: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 38. Russia: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 39. Russia: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 40. Russia: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 41. Russia: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 42. Rest of Europe: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 43. Rest of Europe: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 44. Rest of Europe: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 45. Rest of Europe: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 46. Asia Pacific: HVAC Controls, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 47. Asia Pacific: HVAC Controls Market, By Installation Type – Revenue and Forecast to 2028 (US$ Million)

Table 48. Asia Pacific: HVAC Controls Market, By System – Revenue and Forecast to 2028 (US$ Million)

Table 49. Asia Pacific: HVAC Controls Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 50. Australia: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 51. Australia: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 52. Australia: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 53. Australia: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 54. China: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 55. China: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 56. China: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 57. China: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 58. India: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 59. India: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 60. India: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 61. India: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 62. Japan: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 63. Japan: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 64. Japan: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 65. Japan: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 66. South Korea: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 67. South Korea: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 68. South Korea: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 69. South Korea: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 70. Rest of APAC: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 71. Rest of APAC: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 72. Rest of APAC: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 73. Rest of APAC: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 74. MEA: HVAC Controls, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 75. MEA: HVAC Controls Market, By Installation Type – Revenue and Forecast to 2028 (US$ Million)

Table 76. MEA: HVAC Controls Market, By System – Revenue and Forecast to 2028 (US$ Million)

Table 77. MEA: HVAC Controls Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 78. Saudi Arabia: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 79. Saudi Arabia: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 80. Saudi Arabia: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 81. Saudi Arabia: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 82. UAE: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 83. UAE: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 84. UAE: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 85. UAE: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 86. South Africa: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 87. South Africa: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 88. South Africa: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 89. South Africa: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 90. Rest of MEA: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 91. Rest of MEA: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 92. Rest of MEA: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 93. Rest of MEA: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 94. SAM: HVAC Controls, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 95. SAM: HVAC Controls Market, By Installation Type – Revenue and Forecast to 2028 (US$ Million)

Table 96. SAM: HVAC Controls Market, By System – Revenue and Forecast to 2028 (US$ Million)

Table 97. SAM: HVAC Controls Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 98. Brazil: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 99. Brazil: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 100. Brazil: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 101. Brazil: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 102. Argentina: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 103. Argentina: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 104. Argentina: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 105. Argentina: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 106. Rest of SAM: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 107. Rest of SAM: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)

Table 108. Rest of SAM: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)

Table 109. Rest of SAM: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)

Table 110. Glossary of Terms, HVAC Controls Market

LIST OF FIGURES.

Figure 1. HVAC Controls Market Segmentation

Figure 2. HVAC Controls Market Segmentation – Geography

Figure 3. HVAC Controls Market Overview

Figure 4. HVAC Controls Market, By Component Type

Figure 5. HVAC Controls Market, By Installation

Figure 6. HVAC Controls Market, By Application

Figure 7. HVAC Controls Market, By End User

Figure 8. HVAC Controls Market, By Region

Figure 9. North America: PEST Analysis

Figure 10. Europe: PEST Analysis

Figure 11. APAC: PEST Analysis

Figure 12. MEA: PEST Analysis

Figure 13. SAM: PEST Analysis

Figure 14. HVAC Controls Market Ecosystem Analysis

Figure 15. Expert Opinion

Figure 16. HVAC Controls Market: Impact Analysis of Drivers and Restraints

Figure 17. Geographic Overview of HVAC Controls Market

Figure 18. Global HVAC Controls Market, Forecast and Analysis (US$ Million)

Figure 19. Market Positioning- Top Five Players

Figure 20. HVAC Controls Market, By Component (2021 and 2028)

Figure 21. Sensors: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Controllers: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Smart Vents: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Others: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. HVAC Controls Market, By Installation Type (2021 and 2028)

Figure 26. New Installation: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Retrofit: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. HVAC Controls Market, By System (2021 and 2028)

Figure 29. Temperature Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Humidity Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. Ventilation Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Integrated Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. HVAC Controls Market, By End User (2021 and 2028)

Figure 34. Residential: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 35. Commercial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 36. Industrial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)

Figure 37. Global HVAC Controls Market Revenue Share, By Region (2021 & 2028)

Figure 38. North America: HVAC Controls – Revenue and Forecast to 2028 (US$ Million)

Figure 39. North America: HVAC Controls Revenue Share, By Component (2021 and 2028)

Figure 40. North America: HVAC Controls Revenue Share, By Installation Type (2021 and 2028)

Figure 41. North America: HVAC Controls Revenue Share, By System (2021 AND 2028)

Figure 42. North America: HVAC Controls Market Revenue Share, By End User (2021 AND 2028)

Figure 43. North America: HVAC Controls Revenue Share, by Key Country (2021 and 2028)

Figure 44. US: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 45. Canada: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 46. Mexico: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 47. Europe: HVAC Controls – Revenue and Forecast to 2028 (US$ Million)

Figure 48. Europe: HVAC Controls Revenue Share, By Component (2021 and 2028)

Figure 49. Europe: HVAC Controls Revenue Share, By Installation Type (2021 and 2028)

Figure 50. Europe: HVAC Controls Revenue Share, By System (2021 and 2028)

Figure 51. Europe: HVAC Controls Market Revenue Share, By End User (2021 and 2028)

Figure 52. Europe: HVAC Controls Revenue Share, by Key Country (2021 and 2028)

Figure 53. France: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 54. Germany: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 55. UK: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 56. Italy: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 57. Russia: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 58. Rest of Europe: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 59. Asia Pacific: HVAC Controls – Revenue and Forecast to 2028 (US$ Million)

Figure 60. Asia Pacific: HVAC Controls Revenue Share, By Component (2021 and 2028)

Figure 61. Asia Pacific: HVAC Controls Revenue Share, By Installation Type (2021 and 2028)

Figure 62. Asia Pacific: HVAC Controls Revenue Share, By System (2021 AND 2028)

Figure 63. Asia Pacific: HVAC Controls Market Revenue Share, By End User (2021 AND 2028)

Figure 64. Asia Pacific: HVAC Controls Revenue Share, By Key Country (2021 and 2028)

Figure 65. Australia HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 66. China HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 67. India HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 68. Japan HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 69. South Korea HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 70. Rest of APAC HVAC controls market, Revenue and Forecast To 2028 (US$ million)

Figure 71. MEA: HVAC Controls – Revenue and Forecast to 2028 (US$ Million)

Figure 72. MEA: HVAC Controls Revenue Share, By Component (2021 and 2028)

Figure 73. MEA: HVAC Controls Revenue Share, By Installation Type (2021 and 2028)

Figure 74. MEA: HVAC Controls Revenue Share, By System (2021 AND 2028)

Figure 75. MEA: HVAC Controls Market Revenue Share, By End User (2021 AND 2028)

Figure 76. Middle East and Africa: HVAC Controls Revenue Share, By Key Country (2021 and 2028)

Figure 77. Saudi Arabia HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 78. UAE HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 79. South Africa HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 80. Rest of MEA HVAC Controls Market, Revenue and Forecast To 2028 (US$ million)

Figure 81. SAM: HVAC Controls – Revenue and Forecast to 2028 (US$ Million)

Figure 82. SAM: HVAC Controls Revenue Share, By Component (2021 and 2028)

Figure 83. SAM: HVAC Controls Revenue Share, By Installation Type (2021 and 2028)

Figure 84. SAM: HVAC Controls Revenue Share, By System (2021 AND 2028)

Figure 85. SAM: HVAC Controls Market Revenue Share, By End User (2021 AND 2028)

Figure 86. SAM: HVAC Controls Revenue Share, by Key Country (2021 and 2028)

Figure 87. Brazil: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 88. Argentina: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 89. Rest of SAM: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

Figure 90. Impact of COVID-19 Pandemic on North American Country Markets

Figure 91. Impact of COVID-19 Pandemic on European Country Markets

Figure 92. Impact of COVID-19 Pandemic on APAC Country Markets

Figure 93. Impact of COVID-19 Pandemic on MEA Country Markets

Figure 94. Impact of COVID-19 Pandemic on SAM Country Markets

The List of Companies - HVAC Controls Market

1. Carrier Global Corporation

2. DAIKIN INDUSTRIES, Ltd.

3. Delta Controls

4. Distech Controls

5. Emerson Electric Co.

6. Honeywell International Inc.

7. Johnson Controls, Inc.

8. Schneider Electric SE

9. Siemens AG

10. Lennox International Inc.

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the HVAC controls market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the HVAC controls market thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the HVAC controls market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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