Global HVAC Terminal Units Market 2018-2022

SKU ID : TNV- 12593744

Publishing Date : 13-Nov-2018

No. of pages : 116

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  • 114 pages, November 2018
    About this market
    The emergence of net zero energy buildings will result in significant growth of the HVAC terminal units market during the forecast period. Net zero buildings use renewable technology to produce the same amount of energy which is being consumed from the grid by the building over the course of a year. The designing and construction of net zero energy buildings have become more practical with the emergence of advanced 3D Energy and Daylight modelling, and improvements in construction technology, building controls and renewable energy systems. Government initiatives such as WGBC, EEB, and NBI which creates awareness regarding the benefits of going green are also encouraging the development and construction of net zero energy buildings. Since, HVAC systems play a critical role in achieving net zero energy goals, the emergence of net zero energy buildings will boost the growth of the HVAC terminal units market during the forecast period. Analysts have predicted that the HVAC terminal units market will register a CAGR of over 5% by 2022.
    Market Overview
    Increase in construction activities
    The number of construction activities is increasing in developed as well as emerging countries. The income of people in countries such as India, China, Saudi Arabia, Malaysia, UAE, and Indonesia is increasing. These countries are also undergoing rapid urbanization. New housing and infrastructure are required to accommodate people that are shifting from rural to urban areas. Governments of several countries are investing in the development of public infrastructure. This will create a demand for HVAC terminal units during the forecast period and thereby boost market growth.

    Fluctuations in raw material prices
    The cost of raw materials such as stainless and steel is influenced by several factors including inflation, production, and availability. The price of steel can be affected by factors such as natural disasters, state of the world economy, and strength of the American dollar. Large companies are immune to such fluctuations of raw material prices due to the long-term contracts with their suppliers. However, instability in raw material prices affects the profit margins of small vendors which in turn has a negative impact on market growth.

    For the detailed list of factors that will drive and challenge the growth of the HVAC terminal units market during 2018-2022, view our report.
    Competitive Landscape
    The market appears to be fragmented and with the presence of several companies including DAIKIN INDUSTRIES, and Honeywell the competitive environment is quite intense. Factors such as the increasing construction activities, will provide considerable growth opportunities to HVAC terminal unit companies. DAIKIN INDUSTRIES, Honeywell, Ingersoll-Rand, Johnson Controls, UNITED TECHNOLOGIES (Carrier) are some of the major companies covered in this report.

    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.

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    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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