DUBLIN, Jul 16, 2021 – (BUSINESS WIRE) – Added a report, “HVAC Control Market by System, Implementation Type, and End-User: Global Opportunity Analysis and Industry Forecast 2020-2027” ResearchAndMarkets.com to offer.
The global HVAC Control market size was estimated at $ 14,559.0 million in 2019 and is projected to reach $ 19,939.4 million by 2027, recording a CAGR of 5.7% from 2020 to 2027.
HVAC controls are installed to control the operation of heating, ventilation and air conditioning systems. The sensing device and other equipment are used to compare the actual state, such as humidity or temperature, with a target state.
HVAC control consists of devices that control the operation of heating, ventilation, and air conditioning systems. HVAC control is installed in various industries such as industrial, corporate, retail, hospitality, and residential. The development of smart cities in emerging markets and government initiatives are expected to boost the building automation and control industry, which in turn will fuel the growth of the HVAC control market.
The advent of IoT-enabled HVAC systems, growth in the construction market, and increasing demand for building automation systems (BASs) are driving market growth. However, fluctuations in commodity prices can inhibit market growth. In addition, the increasing demand for cloud computing in HVAC offers lucrative growth opportunities for the HVAC control market.
The global HVAC Control Market is segmented by system, implementation type, end user, and region. By System, the market is categorized into Temperature Control Systems, Ventilation Control Systems, Humidity Control Systems, and Integrated Control Systems. Depending on the design, it is divided into new construction and retrofitting. On the basis of the end user, it is divided into residential, commercial and industrial areas. The market in North America, Europe, Asia-Pacific and LAMEA is analyzed by region.
The story goes on
The report provides a comprehensive analysis of current and emerging market trends and dynamics for HVAC control.
An in-depth market analysis is carried out by producing market estimates for the major market segments between 2019 and 2027.
A comprehensive analysis of the HVAC Control market is performed by keeping track of key product positionings and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to identify the prevailing opportunities.
The global HVAC Controls market forecast analysis from 2020-2027 is included in the report.
This report introduces the major market players in the HVAC Controls market and analyzes their strategies thoroughly in order to understand the competitive outlook of the HVAC Controls industry.
Key topics covered:
Chapter 1 Introduction
Chapter 2: Summary
Chapter 3: Market Overview
3.1. Market definition and scope
3.2. Most important findings
3.2.1. The most important influencing factors
3.2.2. Top investment bags
3.2.3. Top winning strategies
3.3. Positioning of market participants, 2019
3.4. Porter’s Five Forces Analysis
3.5. Analysis of the value chain
3.6. Market dynamics
3.7. COVID-19 impact analysis
Chapter 4: Global HVAC Control Market by System
Chapter 5: Global HVAC Control Market By Implementation Type
Chapter 6: Global HVAC Control Market By End-User
Chapter 7: Global HVAC Control Market by Regions
Chapter 8: Company Profiles
Please visit https://www.researchandmarkets.com/r/a52ati for more information on this report
View source version on businesswire.com: https://www.businesswire.com/news/home/20210716005163/en/
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