Description
HVAC Equipment Market Research Report—Forecast till 2027
Market Synopsis
HVAC equipment is used to give protection from any functional shortcoming inside the blower and refrigeration circuit. This equipment is deployed to gauge the different boundaries in the HVAC frameworks, like strain and temperature, give energy, and control voltage. Fire safety arrangements are significant in guaranteeing security and forestalling fatalities and property misfortune.
In recent years, a few fire-related mishaps in private, business, and modern spaces have prompted various passing. Thus, it is fundamental for draftsmen and specialists to introduce fire wellbeing arrangements in private, business, and modern structures to keep away from such misfortunes.
Air conditioning and fire security protection frameworks are the fire-evaluated ventilation pipes to prevent fire and consequently watch the property against fire danger.
Fire security is a fundamental part of organization safety, and ventures should agree with the principles set by administrative specialists. In the past few years, there had been an expanded adoption of different fire insurance frameworks, remembering HVAC frameworks for private, business, and modern spaces.
Besides, tough guidelines forced by the public authority and administrative bodies have constrained them to carry out HVAC and fire assurance protection frameworks on their premises. These endeavors require HVAC frameworks to forestall the spread of fire and hotness between two compartments in structures.
Market Segmentation
Based on the Equipment segment the global HVAC equipment market has been classified into Pressure switches, Pressure transducers, Capacitors, Contactors, Transformers, Filter driers, Sight glasses, and Reversing valves.
Regional Analysis
North America is a leading market for the HVAC equipment market due to the increased HVAC systems adoption rate in the region. The regional market is driven by the energy-savvy system, well-established construction sector, and the growing development activities in hospitals, data centers, and commercial organizations.
Europe is anticipated to register the second largest market followed by Asia-pacific. The regional market is attributed to the rising demand for renewable energy sources and the growing installation of capacitors in residential and commercial sectors.
The Asia-Pacific market for HVAC equipment is expected to register the fastest growth during the review period owing to the growing industrial expansions and increasing need for fuel-efficient systems. Additionally, the rising population rate, continuous climate change, and availability of cost-effective equipment are expected to fuel the regional market.
The Middle East & Africa region is expected to witness a healthy market expansion owing to the rapidly growing tourism sector over the past decade.
Major Player
The major players operating in the global equipment for HVAC market are Sensata Technologies (US), Saginomiya Seisakuusho (Tokyo), Jiangsu Match Well Electrical Products Co., Ltd (China), Honeywell International Inc. (US), Arrow Electronic Inc. (US), Basler Electric (Illinois), Diversitech (US), Dongan Electronic Manufacturing Company (US), General Electric (US), Hartland Controls (US), Lefco Industrial Corporation Ltd (China), Motors&Armatures Inc. (US), Noark Electric (Czech Republic), Nueva Generaction Manufacture (México), Parker Hannifin Corporation (US), Sealed Unit Parts Co. Inc. (US), American Zettler (US), DANFOSS (Denmark), Emerson Electric (US), Mueller Co (US), SANHUA Holdings Group Co Ltd (China), and Eaton Corporation (Ireland).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 14
1.1.1 GLOBAL EQUIPMENT FOR HVAC MARKET, BY EQUIPMENT 15
1.1.2 GLOBAL EQUIPMENT FOR HVAC MARKET, BY REGION 16
2 MARKET INTRODUCTION 17
2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 RESEARCH OBJECTIVE 17
2.4 MARKET STRUCTURE 18
2.5 KEY BUYING CRITERIA 18
3 RESEARCH METHODOLOGY 19
3.1 RESEARCH PROCESS 19
3.2 PRIMARY RESEARCH 20
3.3 SECONDARY RESEARCH 21
3.4 MARKET SIZE ESTIMATION 22
3.5 FORECAST MODEL 23
3.6 LIST OF ASSUMPTIONS 24
4 MARKET INSIGHTS 25
5 MARKET DYNAMICS 28
5.1 INTRODUCTION 28
5.2 DRIVERS 29
5.2.1 INCREASING NEED FOR FIRE SAFETY SOLUTIONS 29
5.2.2 STRINGENT GOVERNMENT REGULATIONS 29
5.3 RESTRAINTS 29
5.3.1 CASES OF PRODUCT FAILURE 29
5.4 OPPORTUNITIES 29
5.4.1 INCREASING DEMAND FROM EMERGING ECONOMIES 29
5.4.2 RAPID INDUSTRIALIZATION 30
5.5 IMPACT ANALYSIS OF COVID-19 30
5.5.1 IMPACT ON OVERALL ENERGY & POWER INDUSTRY 30
5.5.1.1 ECONOMIC IMPACT 30
5.5.2 IMPACT ON THE EQUIPMENT FOR HVAC MARKET 31
5.5.3 IMPACT ON THE SUPPLY CHAIN OF HVAC EQUIPMENT 31
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 31
5.5.3.2 PRODUCTION SHUTDOWN 31
5.5.3.3 CASH FLOW CONSTRAINTS 31
5.5.3.4 IMPACT ON IMPORT/EXPORT 31
5.5.4 IMPACT ON MARKET DEMAND OF EQUIPMENT FOR HVAC 31
5.5.4.1 IMPACT DUE TO LOCKDOWN 31
5.5.4.2 CONSUMER SENTIMENTS 32
5.5.4.3 IMPACT ON PRICING OF EQUIPMENT FOR HVAC 32
6 MARKET FACTOR ANALYSIS 33
6.1 SUPPLY CHAIN ANALYSIS 33
6.1.1 DESIGN & DEVELOPMENT 33
6.1.2 RAW MATERIAL & COMPONENT SUPPLY 34
6.1.3 MANUFACTURE & ASSEMBLY 34
6.1.4 SALES & DISTRIBUTION 34
6.1.5 END USE 34
6.2 PORTER’S FIVE FORCES MODEL 35
6.2.1 THREAT OF NEW ENTRANTS 35
6.2.2 BARGAINING POWER OF SUPPLIERS 36
6.2.3 THREAT OF SUBSTITUTES 36
6.2.4 BARGAINING POWER OF BUYERS 36
6.2.5 INTENSITY OF RIVALRY 36
7 GLOBAL EQUIPMENT FOR HVAC MARKET, BY EQUIPMENT 37
7.1 OVERVIEW 37
7.2 PRESSURE SWITCHES 38
7.3 PRESSURE TRANSDUCERS 38
7.4 CAPACITORS 38
7.5 CONTACTORS 39
7.6 TRANSFORMERS 39
7.7 FILTER DRIER 39
7.8 SIGHT GLASSES 39
7.9 REVERSING VALVES 39
8 GLOBAL EQUIPMENT FOR HVAC MARKET, BY REGION 40
8.1 OVERVIEW 40
8.2 NORTH AMERICA 42
8.2.1 US 43
8.2.2 CANADA 43
8.2.3 MEXICO 44
8.3 EUROPE 45
8.3.1 UK 46
8.3.2 GERMANY 46
8.3.3 FRANCE 47
8.3.4 ITALY 47
8.3.5 REST OF EUROPE 48
8.4 ASIA-PACIFIC 49
8.4.1 CHINA 50
8.4.2 INDIA 51
8.4.3 JAPAN 51
8.4.4 AUSTRALIA 52
8.4.5 REST OF ASIA-PACIFIC 53
8.5 MIDDLE EAST & AFRICA 54
8.5.1 SAUDI ARABIA 55
8.5.2 UAE 55
8.5.3 SOUTH AFRICA 56
8.5.4 REST OF MIDDLE EAST & AFRICA 57
8.6 SOUTH AMERICA 58
8.6.1 BRAZIL 59
8.6.2 ARGENTINA 59
8.6.3 REST OF SOUTH AMERICA 60
9 COMPETITIVE LANDSCAPE 61
9.1 COMPETITIVE OVERVIEW 61
9.2 COMPETITIVE BENCHMARKING 62
9.3 COMPETITOR DASHBOARD 64
10 COMPANY PROFILES 66
10.1 SENSATA TECHNOLOGIES 66
10.1.1 COMPANY OVERVIEW 66
10.1.2 FINANCIAL OVERVIEW 67
10.1.3 PRODUCTS OFFERED 67
10.1.4 KEY DEVELOPMENTS 68
10.1.5 SWOT ANALYSIS 69
10.1.6 KEY STRATEGIES 69
10.2 SAGINOMIYA SEISAKUSHO 70
10.2.1 COMPANY OVERVIEW 70
10.2.2 FINANCIAL OVERVIEW 70
10.2.3 PRODUCTS OFFEREDSAGINOMIYA SEISAKUSHO: PRODUCTS OFFERED 70
10.2.4 KEY DEVELOPMENTS 71
10.2.5 SWOT ANALYSIS 72
10.3 JIANGSU MATCH WELL ELECTRICAL PRODUCTS CO, LTD 73
10.3.1 COMPANY OVERVIEW 73
10.3.2 FINANCIAL OVERVIEW 73
10.3.3 PRODUCTS OFFERED 73
10.3.4 KEY DEVELOPMENTS 74
10.3.5 SWOT ANALYSIS 74
10.4 HONEYWELL INTERNATIONAL INC. 75
10.4.1 COMPANY OVERVIEW 75
10.4.2 PRODUCTS OFFERED 75
10.4.3 KEY DEVELOPMENTS 76
10.4.4 SWOT ANALYSIS 77
10.4.5 KEY STRATEGIES 77
10.5 ARROW ELECTRONICS INC. 78
10.5.1 COMPANY OVERVIEW 78
10.5.2 FFINANCIAL OVERVIEW 78
10.5.3 PRODUCTS OFFERED 79
10.5.4 KEY DEVELOPMENTS 79
10.5.5 SWOT ANALYSIS 80
10.6 BASLER ELECTRIC 81
10.6.1 COMPANY OVERVIEW 81
10.6.2 FINANCIAL OVERVIEW 81
10.6.3 PRODUCTS OFFERED 81
10.6.4 KEY DEVELOPMENTS 82
10.7 DIVERSITECH 83
10.7.1 COMPANY OVERVIEW 83
10.7.2 FINANCIAL OVERVIEW 83
10.7.3 PRODUCTS OFFERED 83
10.7.4 KEY DEVELOPMENTS 84
10.8 DONGAN ELECTRONIC MANUFACTURING COMPANY 85
10.8.1 COMPANY OVERVIEW 85
10.8.2 FINANCIAL OVERVIEW 85
10.8.3 PRODUCTS OFFERED 85
10.8.4 KEY DEVELOPMENTS 85
10.9 GENERAL ELECTRIC 86
10.9.1 COMPANY OVERVIEW 86
10.9.2 FINANCIAL OVERVIEW 87
10.9.3 PRODUCTS OFFERED 87
10.9.4 KEY DEVELOPMENTS 88
10.9.5 SWOT ANALYSIS 89
10.10 HARTLAND CONTROLS 90
10.10.1 COMPANY OVERVIEW 90
10.10.2 PRODUCTS OFFERED 90
10.10.3 KEY DEVELOPMENTS 91
10.11 LEFCO INDUSTRIAL CO LTD 92
10.11.1 COMPANY OVERVIEW 92
10.11.2 FINANCIAL OVERVIEW 92
10.11.3 LEFCO INDUSTRIAL CO LTD: PRODUCTS OFFERED 92
10.11.4 KEY DEVELOPMENTS 92
10.12 MOTORS & ARMATURES INC.. 93
10.12.1 COMPANY OVERVIEW 93
10.12.2 FFINANCIAL OVERVIEW 93
10.12.3 PRODUCTS OFFERED 93
10.12.4 KEY DEVELOPMENTS 94
10.13 NOARK ELECTRIC 95
10.13.1 COMPANY OVERVIEW 95
10.13.2 FINANCIAL OVERVIEW 95
10.13.3 PRODUCTS OFFERED 95
10.13.4 KEY DEVELOPMENTS 95
10.14 NUEVA GENERACTION MANUFACTURE 96
10.14.1 COMPANY OVERVIEW 96
10.14.2 FINANCIAL OVERVIEW 96
10.14.3 PRODUCTS OFFERED 96
10.14.4 KEY DEVELOPMENTS 96
10.15 PARKER HANNIFIN CORPORATION 97
10.15.1 COMPANY OVERVIEW 97
10.15.2 FINANCIAL OVERVIEW 97
10.15.3 PRODUCTS OFFERED 97
10.15.4 KEY DEVELOPMENTS 97
10.16 SEALED UNIT PARTS CO. INC.. 98
10.16.1 COMPANY OVERVIEW 98
10.16.2 FINANCIAL OVERVIEW 98
10.16.3 PRODUCTS OFFERED 98
10.16.4 KEY DEVELOPMENTS 100
10.16.5 SWOT ANALYSIS 101
10.17 AMERICAN ZETTLER 102
10.17.1 COMPANY OVERVIEW 102
10.17.2 FINANCIAL OVERVIEW 102
10.17.3 PRODUCTS OFFERED 102
10.17.4 KEY DEVELOPMENTS 102
10.18 DANFOSS 103
10.18.1 COMPANY OVERVIEW 103
10.18.2 FINANCIAL OVERVIEW 103
10.18.3 PRODUCTS OFFERED 104
10.18.4 KEY DEVELOPMENTS 104
10.19 EMERSON ELECTRIC 105
10.19.1 COMPANY OVERVIEW 105
10.19.2 FINANCIAL OVERVIEW 106
10.19.3 PRODUCTS OFFERED 106
10.19.4 KEY DEVELOPMENTS 107
10.20 MUELLER CO 108
10.20.1 COMPANY OVERVIEW 108
10.20.2 FINANCIAL OVERVIEW 108
10.20.3 PRODUCTS OFFERED 109
10.20.4 KEY DEVELOPMENTS 109
10.21 SANHUA HOLDINGS GROUP CO LTD 110
10.21.1 COMPANY OVERVIEW 110
10.21.2 FINANCIAL OVERVIEW 110
10.21.3 PRODUCTS OFFERED 110
10.21.4 KEY DEVELOPMENTS 110
10.22 EATON CORPORATION 111
10.22.1 COMPANY OVERVIEW 111
10.22.2 FINANCIAL OVERVIEW 111
10.22.3 PRODUCTS OFFERED 112
10.22.4 KEY DEVELOPMENTS 113
10.22.5 SWOT ANALYSIS 113
