Advent of Smart HVAC Systems is a Key Trend Gaining Market Momentum
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The HVAC equipment market in China is forecasted to grow by USD 13.4 billion during 2023-2028, accelerating at a CAGR of 8.01% during the forecast period. The report on the HVAC equipment market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for centralized HVAC systems, increasing residential and commercial construction activities, and cost advantages of renting HVAC equipment.
The HVAC equipment market in China is segmented as below:
By End-user
- Non-residential
- Residential
By Product
- Air conditioning equipment
- Heating equipment
- Ventilation equipment
By Geographical Landscape
- APAC
The report on the HVAC equipment market in China covers the following areas:
- HVAC equipment market in China sizing
- HVAC equipment market in China forecast
- HVAC equipment market in China industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hvac equipment market in china: Carrier Global Corp., Daikin Industries Ltd., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, GUANGDONG CHIGO AIR CONDITIONING CO. LTD., Guangzhou Seagull Kitchen And Bath Products Co. Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Johnson Controls International Plc., Lennox International Inc., LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Paloma Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shanghai Shenglin M and E Technology Co. Ltd., TCL Electronics Holdings Ltd., Toshiba Corp., and Trane Technologies plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of smart hvac systems."
According to the report, one of the major drivers for this market is the increase in demand for centralized hvac systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Carrier Global Corp.
- Daikin Industries Ltd.
- Fujitsu Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- GUANGDONG CHIGO AIR CONDITIONING CO. LTD.
- Guangzhou Seagull Kitchen And Bath Products Co. Ltd.
- Haier Smart Home Co. Ltd.
- Hitachi Ltd.
- Johnson Controls International Plc.
- Lennox International Inc.
- LG Corp.
- MIDEA Group Co. Ltd.
- Mitsubishi Electric Corp.
- Paloma Co. Ltd.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- Shanghai Shenglin M and E Technology Co. Ltd.
- TCL Electronics Holdings Ltd.
- Toshiba Corp.
- Trane Technologies plc
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