Global HVAC equipment market is expected to grow with a CAGR of 5.5% over the forecast period from 2018-2024

New York, Feb. 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "HVAC Equipment Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024" - https://www.reportlinker.com/p05751655/?utm_source=GNW
5% over the forecast period from 2018-2024. The study on HVAC equipment market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2016 to 2024.

The report on HVAC equipment market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global HVAC equipment market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global HVAC equipment market over the period of 2016 to 2024. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
• Increase in demand for HVAC equipment in residential, industrial or commercial buildings
• Rapid urbanization coupled with growth in disposable income
2) Restraints
• High-energy consumption of HVAC equipment
3) Opportunities
• The technological advancement of energy efficient systems
• Growing trends of smart homes
• Integration of IoT with HVAC systems

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global HVAC equipment market is segmented on the basis of type, and end-user.

The Global HVAC Equipment Market by Type
• Heating Equipment
o Heat Pumps
o Furnaces
o Unitary Heating
o Boilers
o Radiators
o Others
• Ventilation Equipment
o Ventilation Fans/Air Pumps
o Humidifiers/Dehumidifiers
• Air Conditioning Equipment
o Unitary Air Conditioners
o Room Air Conditioners
o Coolers And Others
• Chiller

The Global HVAC Equipment Market by End-user
• Commercial
• Residential
• Industrial
• Others

Company Profiles
• United Technologies Corporation (Carrier)
• Haier Inc.
• Samsung Electronics
• Lennox International Inc.
• Daikin Industries. Ltd.
• Emerson Electric Company
• Electrolux AB
• LG Corporation
• Panasonic Corporation
• Danfoss A/S
• Carrier Corporation

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the HVAC equipment market.
2. Complete coverage of all the segments in the HVAC equipment market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in the global HVAC equipment market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Read the full report: https://www.reportlinker.com/p05751655/?utm_source=GNW

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