Global and United States Heating, Ventilation and Air Conditioning (HVAC) Systems Market Insights, Forecast to 2027

SKU ID : QYR-18922723 | Publishing Date : 17-Aug-2021 | No. of pages : 147

Heating, Ventilation, And Air Conditioning (HVAC) Services include installation, replacement, maintenance, and repair services. HVAC systems are meant to give comfortable air conditions in residential or commercial set-ups and provide thermal balance. The basic function of HVAC equipment is to perform heating and cooling functions and ventilation of air.
The increasing energy efficiency of HVAC systems will drive the growth prospects for the global HVAC air filter market until the end of 2020. One of the major factors responsible for the large amount of greenhouse gas (GHG) emissions worldwide is the high percentage of electricity consumed by residential and commercial buildings. For instance, in the US, residential and commercial buildings consume approximately 70% of the overall electricity and generate 40% greenhouse gas emissions. It has been observed that about one-third of the energy consumed by commercial buildings is utilized for ventilation and space heating or cooling applications of HVAC systems. As a result, the trend of lowering energy consumption has been gaining traction among end-users. To reduce a motor’s energy consumption, the fan motor in HVAC systems has to overcome resistance to deliver the required air flow. This compels the manufacturers to focus on the development of air filters that offer lower resistance to air flow.

Market Analysis and Insights: Global and United States Heating, Ventilation and Air Conditioning (HVAC) Systems Market
This report focuses on global and United States Heating, Ventilation and Air Conditioning (HVAC) Systems market.
In 2020, the global Heating, Ventilation and Air Conditioning (HVAC) Systems market size was US$ 101070 million and it is expected to reach US$ 117990 million by the end of 2027, with a CAGR of 2.2% during 2021-2027. In United States the Heating, Ventilation and Air Conditioning (HVAC) Systems market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Heating, Ventilation and Air Conditioning (HVAC) Systems Scope and Market Size
Heating, Ventilation and Air Conditioning (HVAC) Systems market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Heating, Ventilation and Air Conditioning (HVAC) Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Heating, Ventilation and Air Conditioning (HVAC) Systems market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Heating Equipment
Ventilation Equipment
Cooling Type
Implementation Type

Segment by Application
Residential
Non-Residential

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Camfil
CLARCOR
Daikin Industries
3M
Donaldson
Grainger
Tex-Air Filters
Lennox
Airsan
MANN+HUMMEL
Universal Air Filter
Carrier

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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