Building & Construction Market Research News

The US HVAC equipment market is expected to reach $17.5 billion by 2022 according to new research report

Construction Market Research

Trends, opportunities and forecast in this market to 2022 by product type (furnace, heat pump, central AC, room AC, and others) and by end use (residential, office, retail, hospitality, education, healthcare and others)

According to a new market report published by Lucintel, the future of the US HVAC (heating, ventilation and air conditioning) equipment market looks good with opportunities in the residential and commercial construction industry. The US HVAC equipment market is expected to reach an estimated $17.5 billion by 2022 and it is forecast to grow at a CAGR of 3.4% from 2017 to 2022.

The major drivers of growth are higher rate of building renovation and federal tax credits offered in the US to make existing facilities energy efficient and to control greenhouse gas emissions.

Browse 31 market data tables and 63 figures spread through 131 pages and in-depth TOC on “US HVAC Equipment Market

Within the US HVAC equipment market, residential is expected to remain the largest segment during the forecast period.

Download PDF Brochure at www.lucintel.com/rb/us_hvac_equipm…market_2017.aspx

Emerging trends, which have a direct impact on the dynamics of the market, include the increasing usage of green HVAC, increasing usage of air purification technology, and increasing usage of smart thermostat. Lennox, Johnson Controls Inc., Daikin Industries, Ingersoll Rand Plc, and UTC (United Technology and Corporation) are the major manufacturers of the HVAC equipment in the US.

The study includes a forecast for the US HVAC equipment market by product type, and end use as follows:       

US HVAC equipment market by product type [Volume (M units) and Value ($ million) from 2011 to 2022]:

  • Furnace
  • Heat Pump
  • Central AC
  • Room AC
  • Others

US HVAC equipment market by end use [Volume (M units) and Value ($ million) from 2011 to 2022]:

  • Residential
  • Healthcare
  • Education
  • Hospitality
  • Office
  • Retail
  • Others

Report: www.lucintel.com/ds/us_hvac_equipm…market_2017.aspx

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Lucintel – Global Management Consulting & Market Research FirmLucintel – Global Management...
Category: Market Research Publishers and RetailersCompany about: Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, H ...
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