About Commercial HVAC

HVAC systems enhance air quality in commercial establishments through ventilation and filtration, thereby ensuring thermal balance in the environment. These systems use heat exchangers, pumps, and fans to control and regulate humidity and temperature levels. Parameters such as heating and cooling, along with the air quality of the outdoor or indoor environment determine the type of HVAC system required.
Traditional HVAC systems that are used in commercial applications consume a large amount of electricity. However, in developing countries such as India, which is a highly price-sensitive market, customers prefer affordable energy-efficient solutions. This has led to increased popularity of energy-efficient and sustainable HVAC systems such as chillers, variable refrigerant flow (VRF) systems, and air handling units (AHUs). Radiant and geothermal cooling systems are the other advanced HVAC systems available in the market. These systems function on vapor-absorption chiller-machine technology.

Technavio’s analysts forecast the global commercial HVAC market to grow at a CAGR of 6.48% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial HVAC market for 2016-2020. The market size has been calculated based on demand for HVAC equipment and services offered by market vendors.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Commercial HVAC Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Carrier
• Daikin Industries
• Ingersoll-Rand
• Johnson Controls
• LG

Other prominent vendors
• AB Electrolux
• Bosch Thermotechnik
• Fujitsu
• GD Midea
• Gree Electric Appliances
• Haier
• Hitachi
• Lennox International
• Nortek
• Paloma Industries
• Samsung
• Siemens
• Vaillant Group

Market driver
• Increased construction activities
• For a full, detailed list, view our report

Market challenge
• High market competition
• For a full, detailed list, view our report

Market trend
• Building automation systems
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.