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The heating, ventilation and air conditioning (hvac) aftermarket market is forecasted to grow by USD 39.64 billion during 2023-2028, accelerating at a CAGR of 8.57% during the forecast period. The report on the heating, ventilation and air conditioning (hvac) aftermarket market 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 robust growth of construction industry, growing industrialization in developing economies, and long life of hvac systems.
The heating, ventilation and air conditioning (hvac) aftermarket market is segmented as below:
By Product
- Air conditioning equipment
- Heating equipment
- Ventilation equipment
By End-user
- Non-residential
- Residential
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heating, ventilation and air conditioning (hvac) aftermarket market covers the following areas:
- Heating, ventilation and air conditioning (hvac) aftermarket market sizing
- Heating, ventilation and air conditioning (hvac) aftermarket market forecast
- Heating, ventilation and air conditioning (hvac) aftermarket market 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 Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global heating, ventilation and air conditioning (hvac) aftermarket market: Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Electrolux AB, Emerson Electric Co., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Smart Home Co. Ltd., Hitachi Ltd., Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MIDEA Group Co. Ltd., Nortek, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, Swegon Group AB, Trane Technologies Plc, and Vaillant GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of cogeneration equipment."
According to the report, one of the major drivers for this market is the robust growth of construction industry.
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.
- Danfoss AS
- Electrolux AB
- Emerson Electric Co.
- Fujitsu Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- Haier Smart Home Co. Ltd.
- Hitachi Ltd.
- Johnson Controls International Plc.
- Lennox International Inc.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Nortek
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Siemens AG
- Swegon Group AB
- Trane Technologies Plc
- Vaillant GmbH