Global Energy Efficient HVAC Systems Market 2018-2022 report states that one of the major factors hindering the growth of this market is Higher initial cost of energy efficient HVAC systems.The analysts forecast global energy efficient HVAC systems market to grow at a CAGR of 11.08 % during the period 2018-2022. The latest trend gaining momentum in the energy efficient HVAC systems market is growing adoption of R32 refrigerant in air conditioners.
All air conditioning and refrigeration systems use some form of refrigerant to absorb the heat from the air to cool it.
Energy efficient heating, ventilation and air-conditioning (HVAC) systems are the technologies that provide the same performance as conventional HVAC systems, while simultaneously reducing the energy consumption or using renewable energy sources for operation.
Traditionally used fluid refrigerants include chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), ammonia, and halons. The global HVAC industry is now moving toward the adoption of newer, advanced refrigerants that have better efficiency than traditional refrigerants.
Key players in the global energy efficient HVAC systems market: DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics, and United Technologies (Carrier). The report covers the present scenario and the growth prospects of the global energy efficient HVAC systems market for 2018-2022.
To calculate the market size, the report considers the overall sales of energy efficient HVAC equipment in the market.
According to the energy efficient HVAC systems market report, one of the major drivers for this market is Demand for reducing energy consumption and operating costs. Most residential, commercial, and industrial buildings around the world use some form of heating, cooling, or climate control technologies for providing thermal comfort and satisfactory levels of indoor air quality.
Many buildings also directly burn fossil fuels, such as heating oil, natural gas, and even coal, to provide for the space heating requirements. The energy consumed for such space heating and cooling applications in buildings and other areas represents significant cost incurred by the owner or operator.
Therefore, the demand for energy efficient HVAC systems is growing to cater to the need to minimize the energy consumption in buildings and reduce operating costs.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
Market segmentation analysis
PART 06: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 08: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Air conditioning Market size and forecast 2017-2022
Heating Market size and forecast 2017-2022
Ventilation Market size and forecast 2017-2022
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
APAC Market size and forecast 2017-2022
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
Key leading countries
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
Growing adoption of R32 refrigerant in air conditioners
Shift to inverter based air conditioner technology
Stringent regulations on refrigerant use in Europe
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
Market positioning of vendors
United Technologies (Carrier)
PART 16: APPENDIX
List of abbreviations