Dublin, April 20, 2020 (GLOBE NEWSWIRE) -- The "Automatic Environmental Control Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
The global automatic environmental control market was worth $95.39 billion in 2019.
The automatic environmental control market consists of sales of automatic environmental control devices and related services. This industry comprises establishments primarily engaged in manufacturing automatic controls and regulators for applications. Automatic environmental control devices include airflow controllers, air conditioning and refrigeration, heating and cooling system controls, and heating regulators.
Automatic Environmental Control Market Global Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global automatic environmental control market as it emerges from the Covid 19 shut down.
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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider automatic environmental control market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The automatic environmental control market section of the report gives context. It compares the automatic environmental control market with other segments of the automatic environmental control market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, automatic environmental control indicators comparison.
Major players in the automatic environmental control market are Johnson Controls, Inc., Schneider Electric, United Technologies Corporation, Honeywell International Inc. and Ingersoll Rand.
The automatic environmental control market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2019, Asia Pacific was the largest region in the automatic environmental control market. North America is expected to be the fastest growing region in the automatic environmental control market in the forecast period.
Smart Thermostat is a key trend in the automatic environmental control market. Smart thermostats use smart technology that can be operated using mobile phones, laptops, smart speakers or other computers connected to the internet that allows scheduling preferred temperature settings, and they can also be integrated into home automation systems. For instance, Ecobee was the first to introduce the smart thermostat solution into the market. The company has seen its revenues double every year, it is estimated that the Ecobee sales will reach $1 billion by 2020. Across North America, Ecobee holds 30% of market share in smart thermostats.
The automatic environmental control market covered in this report is segmented by type into heating equipment, refrigeration equipment, air conditioning equipment.
Rising trade protectionism acts as a major challenge in the automatic environmental control market. Trade protectionism is characterized as a country, or a group of countries working related as an exchange alliance, making exchange boundaries with the particular objective of protecting its economy from the potential dangers of worldwide trading. The target of trade protectionism is to ensure a country's fundamental monetary interests, for example, its key ventures, wares, and work of laborers.
A wide number of trade barriers have been introduced since mid-2018, the major one has been higher tariffs on bilateral trade between the US and China. This increase in protectionism has contributed to a slowdown in global growth through direct effects on trade flows, supply chains and import costs, and indirect effects on business sentiment, uncertainty, and investment around the world. Therefore, rising trade protectionism will negatively impact the automatic environmental control market's growth.
Rapid growth in manufacturing industries is a key factor driving the growth of the automatic environmental control market. In the Indian economy, industrial manufacturing is the major growing sector with diverse companies engaged in the manufacturing of machinery and equipment, building and construction material, rubber and plastic products, electrical and mechanical products, cement, and automation technology products. Growth in manufacturing outputs in China and Brazil will be the highest in the next five years. The countries will grow at an annual growth rate of 7.1% and 5.0%, respectively. Therefore, the growth in manufacturing industries is expected to increase the growth of the automatic environmental control market.
In April 2018, Johnson Controls, a European based company produces fire, HVAC, and security equipment for buildings, acquired Triatek for an undisclosed amount. This acquisition not only gives Johnson Controls the ability to better serve consumers in the building automation and HVAC industries but also opens Triatek's portfolio of creative HVAC airflow systems to a wider range of customers in a wider range of facilities. Triatek, a leading producer of creative airflow solutions for sensitive environments across the globe.
Key Topics Covered:
1. Executive Summary
2. Automatic Environmental Control Market Characteristics
3. Automatic Environmental Control Market Size And Growth
3.1. Global Automatic Environmental Control Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Automatic Environmental Control Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Automatic Environmental Control Market Segmentation
4.1. Global Automatic Environmental Control Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Automatic Environmental Control Market Regional And Country Analysis
5.1. Global Automatic Environmental Control Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Automatic Environmental Control Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Automatic Environmental Control Market
7. China Automatic Environmental Control Market
8. India Automatic Environmental Control Market
9. Japan Automatic Environmental Control Market
10. Australia Automatic Environmental Control Market
11. Indonesia Automatic Environmental Control Market
12. South Korea Automatic Environmental Control Market
13. Western Europe Automatic Environmental Control Market
14. UK Automatic Environmental Control Market
15. Germany Automatic Environmental Control Market
16. France Automatic Environmental Control Market
17. Eastern Europe Automatic Environmental Control Market
18. Russia Automatic Environmental Control Market
19. North America Automatic Environmental Control Market
20. USA Automatic Environmental Control Market
21. South America Automatic Environmental Control Market
22. Brazil Automatic Environmental Control Market
23. Middle East Automatic Environmental Control Market
24. Africa Automatic Environmental Control Market
25. Automatic Environmental Control Market Competitive Landscape And Company Profiles
25.1. Automatic Environmental Control Market Competitive Landscape
25.2. Automatic Environmental Control Market Company Profiles
26. Key Mergers And Acquisitions In The Automatic Environmental Control Market
27. Automatic Environmental Control Market Trends And Strategies
28. Automatic Environmental Control Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Companies Mentioned
- Johnson Controls, Inc.
- Schneider Electric
- United Technologies Corporation
- Honeywell International Inc.
- Ingersoll Rand
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