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(EstateNewsWire.com, August 13, 2018 ) Heating, ventilation, and air conditioning (HVAC) is the technology of indoor and vehicular environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC system design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer.
The growing demand for HVAC replacements in developed countries will drive the growth prospects for the global HVAC services market until the end of 2021. The market is witnessing a huge shift towards the reduction of operating costs, increasing energy efficiency, and utilizing the favorable government incentives to replace existing heating, ventilation, and air conditioning (HVAC) equipment in various countries such as the US, the UK, Germany, and Japan. Also, the regulations about the use of refrigerants and energy efficiency will increase the number of investments in the replacement of old HVAC systems. Furthermore, reducing the Freon, other CFC refrigerants production, energy consumption during peak summers, and utility costs by at least 15% will influence the need for replacing the existing HVAC equipment, which, in turn, will accelerate the revenue generation in global HVAC services market.
APAC accounted for the majority market share during 2017 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the growing demand for HVAC installation services in APAC includes rising investments in the real estate sector, the constant demand for infrastructure projects in terms of quality and quantity, the trend for urbanization, and the improved connectivity between different regions.
In 2017, the global HVAC Services market size was 44100 million US$ and it is expected to reach 69700 million US$ by the end of 2025, with a CAGR of 5.9% during 2018-2025.
This report focuses on the top players in global market, like Carrier, DAIKIN INDUSTRIES, Ingersoll Rand, Johnson Controls International, and among others
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Market segment by Type, the product can be split into Heating Ventilation Cooling
Market segment by Application, split into Airflow and Quality Temperature and Humidity Electrical Others
Market segment by Regions/Countries, this report covers United States Europe China Japan Southeast Asia India Central & South America
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Table of Content
Global HVAC Services Market Size, Status and Forecast 2025 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.4.1 Global HVAC Services Market Size Growth Rate by Type (2013-2025) 1.4.2 Software 1.4.3 Support & Maintenance Services 1.5 Market by Application 1.5.1 Global HVAC Services Market Share by Application (2013-2025) 1.5.2 Hospitals & Clinics 1.5.3 Community Centers 1.5.4 Home Use 1.6 Study Objectives 1.7 Years Considered
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States 5.1 United States HVAC Services Market Size (2013-2018) 5.2 HVAC Services Key Players in United States 5.3 United States HVAC Services Market Size by Type 5.4 United States HVAC Services Market Size by Application
6 Europe 6.1 Europe HVAC Services Market Size (2013-2018) 6.2 HVAC Services Key Players in Europe 6.3 Europe HVAC Services Market Size by Type 6.4 Europe HVAC Services Market Size by Application
7 China 7.1 China HVAC Services Market Size (2013-2018) 7.2 HVAC Services Key Players in China 7.3 China HVAC Services Market Size by Type 7.4 China HVAC Services Market Size by Application
12 International Players Profiles 12.1 Carrier 12.1.1 Carrier Company Details 12.1.2 Company Description and Business Overview 12.1.3 HVAC Services Introduction 12.1.4 Carrier Revenue in HVAC Services Business (2013-2018) 12.1.5 Carrier Recent Development 12.2 DAIKIN INDUSTRIES 12.2.1 DAIKIN INDUSTRIES Company Details 12.2.2 Company Description and Business Overview 12.2.3 HVAC Services Introduction 12.2.4 DAIKIN INDUSTRIES Revenue in HVAC Services Business (2013-2018) 12.2.5 DAIKIN INDUSTRIES Recent Development 12.3 Ingersoll Rand 12.3.1 Ingersoll Rand Company Details 12.3.2 Company Description and Business Overview 12.3.3 HVAC Services Introduction 12.3.4 Ingersoll Rand Revenue in HVAC Services Business (2013-2018) 12.3.5 Ingersoll Rand Recent Development 12.4 Johnson Controls International 12.4.1 Johnson Controls International Company Details 12.4.2 Company Description and Business Overview 12.4.3 HVAC Services Introduction 12.4.4 Johnson Controls International Revenue in HVAC Services Business (2013-2018) 12.4.5 Johnson Controls International Recent Development
13 Market Forecast 2018-2025
14 Analyst's Viewpoints/Conclusions
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