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Global HVAC Equipment Markets, 2020-2026: Strategies Centered on Solution-based HVAC Offerings - COVID-19 Pandemic has Intensified the Focus on Building Systems

Research and Markets
·3-min read

Dublin, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The "Global HVAC Equipment Market 2020 - Digital Transformation and IoT Propelling the Industry" report has been added to ResearchAndMarkets.com's offering.

The HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion.

Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save money are in the spotlight. The COVID-19 pandemic has intensified the focus on buildings' ventilation systems and their role in reducing the risk of airborne virus transmission in workplaces and commercial establishments. Software-enabled services are in wide use to monitor usage trends and system performance, and perform predictive and preventive maintenance in order to reduce downtime and unexpected breakdowns.

COVID-19-related construction activity suspension, supply chain disruption, manufacturing facility shutdowns wreaked havoc on the industry; this is expected to affect market growth in short and medium terms. The high upfront cost for large installations also is proving to be a challenge. New business models that address the high capital expenditure barrier and support system operation and maintenance will be beneficial to the market.

Key Issues Addressed

  • What will affect market growth through 2026?

  • What factors influence market dynamics, including drivers and challenges?

  • How do various end-user industries and applications boost HVAC equipment revenue?

  • Who are the key market participants and what are their competitive strengths?

  • How do technological advancements enable market growth?

Key Topics Covered:

1. Executive Dashboard

  • Key Findings

2. Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?

  • The Strategic Imperative

  • The Impact of the Top Three Strategic Imperatives on the HVAC Equipment Market

  • Growth Opportunities Fuel the Growth Pipeline Engine

3. Growth Opportunity Analysis, HVAC Equipment Market

  • HVAC Equipment Market, Scope of Analysis

  • HVAC Equipment Market, Segmentation

  • Key Competitors in the HVAC Equipment Market

  • Key Growth Metrics in the HVAC Equipment Market

  • HVAC Equipment Market Distribution Channels

  • HVAC Equipment Market Distribution Channel Analysis

  • Growth Drivers in the HVAC Equipment Market

  • Growth Restraints in the HVAC Equipment Market

  • Revenue Forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Region

  • Revenue Forecast Analysis by Region

  • Revenue Forecast by Vertical Market

  • Revenue Forecast by Product Type

  • Revenue Forecast Analysis by Product Type

  • Pricing Trends and Forecast Analysis

  • Competitive Environment

  • Market Share Analysis

4. Growth Opportunity Analysis, HVAC Equipment Market, North America

  • Key Growth Metrics

  • Key Findings

  • Revenue Forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Product Type

  • Revenue Forecast Analysis by Product Type

  • Revenue Forecast by Vertical Market

  • Revenue Forecast Analysis by Vertical Market

5. Growth Opportunity Analysis, HVAC Equipment Market, Europe

6. Growth Opportunity Analysis, HVAC Equipment Market, Asia-Pacific

7. Growth Opportunity Analysis, HVAC Equipment Market, Rest of the World

8. Growth Opportunities

  • Growth Opportunity 1: Sustainability in the HVAC Equipment Market

  • Growth Opportunity 2: Optimizing HVAC Equipment for Demand Response Programs

  • Growth Opportunity 3: HVACaaS

9. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/9x1e6j

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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