Emerging Trends in the HVAC Equipment Market

We at Lucintel are glad to announce the launch of a new research report on the HVAC equipment market entitled “Growth Opportunities in the Global Flat Glass Industry.”
According to our research in this market report, the global HVAC equipment market is expected to reach an estimated $120.6 billion by 2022 and it is forecast to grow at a CAGR of 4.9% from 2017 to 2022. The major drivers of growth are increasing disposable income, rapidly increasing construction activities in developing economies, and changing climate conditions. There are some interesting new developments in the global HVAC equipment market as competition intensifies and players try to increase their market share. Some of the emerging trends shaping market dynamics include the increasing usage of green HVAC, increasing usage of air purification technology, and increasing usage of a smart thermostat. Residential and commercial construction industries are some of the major segments of HVAC equipment.
On the basis of its comprehensive research, Lucintel forecasts that room AC is expected to show above average growth during the forecast period of 2017 to 2022 due to urbanisation and increasing disposable income in emerging economies like China and India.
This market report on HVAC equipment answers following key questions about the market:
Q.1. What are some of the most promising, high-growth opportunities in the global HVAC equipment market by segment and region?
Q.2. Which segments of the HVAC equipment market will grow at a faster pace and why?
Q.3. What are the business risks and competitive threats in HVAC equipment market?
Q.4. What are emerging trends in HVAC equipment market and reasons behind them?
Q.5. What are some of the changing demands and needs of customers in the HVAC equipment industry?
Did you know that you can ask our analysts questions about this market?
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