insightSLICE recently published a market research report on HVAC which is based on intensive research methodologies and studies examining market status post corona virus outbreak.
Rapid urbanization and the growing need for energy efficient heating solutions and ventilation systems are some of the key factors bolstering industry growth. Additionally, rising government approval requirements and growing awareness level among general population is predicted to fuel product demand over the coming years as well.
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Competitive Landscape
Some of the major players in the HVAC market are Johnson Controls International PLC, Samsung Electronics Co., Ltd., Lennox International Inc., Ingersoll-Rand plc, United Technologies Co., Daikin Industries Ltd., and Mitsubishi Electric Co.
Players in the HVAC market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global HVAC market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The HVAC market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By heating equipment type: heat pumps, furnaces, boilers, and unitary heaters
By ventilation equipment type: humidifiers, dehumidifiers, air purifiers, air heaters, ventilation filters, and air handling units
By cooling equipment type: room air conditioners, unitary conditioners, chillers, coolers, cooling towers, and VRF units).
By implementation type: new construction and retrofit
By application: Commercial (Offices and buildings, Supermarkets/Hypermarkets, Government, Healthcare, Hospitality, and Transportation), Industrial (Oil and Gas, Food and Beverage, Automotive, and Energy and Utilities) and Residential).
Users can Expect Following From this Report:
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Why you should buy this report
The HVAC Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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