• helpdesk@Lucintel.com
  • |
  • +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
...

Request the impact of COVID-19 in this market at no additional cost. Buy it today to get an advantage.

Request Now


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. 
 

Emerging trends, which have a direct impact on the dynamics of the US hvac equipment industry, include the increasing usage of green HVAC, increasing usage of air purification technology, and increasi

ng usage of smart thermostat. 
 
A total of 63 figures / charts and 31 tables are provided in this 131-page report to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the US hvac equipment market report, download the report brochure. 
HVAC Equipment Industry Trend
Growth Opportunities in HVAC Equipment Industry

The study includes US hvac equipment market size and forecast for the US hvac equipment market through 2022 segmented 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
US hvac equipment companies profiled in this market report include 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. 
 
On the basis of our comprehensive research, Lucintel forecasts that central AC segment is expected to show above average growth during the forecast period due to increasing building renovation activities and higher demand for energy efficient HVAC equipment.   
 
Within the US HVAC equipment market, residential is expected to remain the largest segment during the forecast period. Increasing housing starts and increasing penetration of air conditioners are the major driving force that will spur growth for this segment over the forecast period.  

Some of the features of this report:

 
  • Market size estimates: US hvac equipment market size estimation in terms of value ($M) and volume (million units) shipment.
  • Trend and forecast analysis: US hvac equipment market trend (2011-2016) and forecast (2017-2022) by segments.
  • Segmentation analysis: US hvac equipment market size by various applications such as product, and end use in terms of value and volume shipment
  • Growth opportunities: Analysis on growth opportunities in different applications.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of US hvac equipment suppliers. 
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
     
This report addresses the following key questions:
 
Q.1. What are some of the most promising, high-growth opportunities for the US hvac equipment market by product type (furnace, heat pump, central AC, room AC, and others) and by end use (residential, office, retail, hospitality, education, healthcare and others)?
Q.2. Which segments will grow at a faster pace and why? 
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market? 
Q.4. What are the business risks and competitive threats in the US hvac equipment market?
Q.5. What are the emerging trends in this market and reasons behind them? 
Q.6. What are some changing customer demands in the market? 
Q.7. What are the new developments in the market? Which US hvac equipment companies are leading these developments? 
Q.8. Who are the major US hvac equipment suppliers? What strategic initiatives are being taken by key players for business growth? 
Q.9. What are some of the competing products  in this market and how big of a threat do they pose for loss of market share by material / product substitution?
Q.10. What M&A activity has occurred in the last 5 years?

Table of Contents
1. Executive Summary
 
2. US HVAC Equipment Market Background and Classifications
2.1: Introduction
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macro-Economic Trends and Forecast
3.2: US HVAC Equipment Market Trends and Forecast
3.3: US HVAC Equipment Market by Product Type
3.3.1: Furnace
3.3.2: Heat Pump
3.3.3: Central AC
3.3.4: Room AC
3.3.5: Others
3.4: US HVAC Equipment Market by End Use
3.4.1: Residential
3.4.2: Healthcare
3.4.3: Education
3.4.4: Hospitality
3.4.5: Office
3.4.6: Retail
3.4.7: Others
 
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Operational Integration
4.4: Geographical Reach
4.5: Porter’s Five Forces Analysis
 
5. Cost Structure Analysis
5.1: Raw Material Cost
5.2: Labor Cost
5.3: Energy Cost
5.4: SG& A
5.5: EBITDA Margin
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the US HVAC Equipment Market by Product Type
6.1.2: Growth Opportunities for the US HVAC Equipment Market by End Use
6.2: Emerging Trends in the US HVAC Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the US HVAC Equipment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the US HVAC Equipment Market
6.3.4: Certification and Licensing
6.3.5: Technology Development
 
7. Company Profiles of Leading Players
7.1: Johnson Controls Inc.
7.2: Ingersoll-Rand plc
7.3: Lennox International Inc.
7.4: United Technologies Corporation
7.5: AAON, Inc.
7.6: Daikin Industries, Ltd.
 
List of Figures
 
Chapter 2. US HVAC Equipment Market Background and Classifications
Figure 2.1: Heating and Cooling Equipment Overview
Figure 2.2: Industry Classification by Product type
Figure 2.3: HVAC System
Figure 2.4: Thermostat
Figure 2.5: Boiler
Figure 2.6: Furnace
Figure 2.7: Heat Exchanger
Figure 2.8: Chillers
Figure 2.9: Evaporator Coil
Figure 2.10: Condensing Unit
Figure 2.11: Refrigerant Lines 
Figure 2.12: Ducts
Figure 2.13: Classification of the HVAC Equipment Market 
Figure 2.14: Supply Chain of the US HVAC Equipment Market
Figure 2.15: Major Drivers and Challenges for the US HVAC Equipment Market
 
Chapter 3. Market Trends and Forecast Analysis from 2011 to 2022
Figure 3.1: Trends of the US Residential Building Construction Growth Rate
Figure 3.2: Trends of the US Commercial Building Construction Growth Rate
Figure 3.3: Trends of the US Housing Starts
Figure 3.4: Trends of the US GDP Growth Rate
Figure 3.5: Trends of the US Population Growth Rate
Figure 3.6: Trends of the US Inflation Rate
Figure 3.7: Trends of the US Unemployment Rate
Figure 3.8: Forecast of the US Residential Building Construction Growth Rate
Figure 3.9: Forecast of the US Commercial Building Construction Growth Rate
Figure 3.10: Forecast of the US GDP Growth Rate
Figure 3.11: Forecast of the US Population Growth Rate
Figure 3.12: Forecast of the US Inflation Rate
Figure 3.13: Forecast of US Unemployment Rate
Figure 3.14: Trends and Forecast for the US HVAC Equipment Market (2011-2022)
Figure 3.15: Trends of the US HVAC Equipment Market ($M) by Product Type (2011–2016)
Figure 3.16: Forecast for the US HVAC Equipment Market ($M) by Product Type (2017-2022)
Figure 3.17: Trends of the US HVAC Equipment Market (M units) by Product Type (2011- 2016) (Source: Lucintel)
Figure 3.18: Forecast for the US HVAC Equipment Market (M units) by Product Type (2017-2022)
Figure 3.19: Trends and Forecast of Furnace in the US HVAC Equipment Market (2011-2022)
Figure 3.20: Trends and Forecast of Heat Pump in the US HVAC Equipment Market (2011-2022)
Figure 3.21: Trends and Forecast of Central AC in the US HVAC Equipment Market (2011-2022)
Figure 3.22: Trends and Forecast of Room AC in the US HVAC Equipment Market (2011-2022)
Figure 3.23: Trends and Forecast of Others in the US HVAC Equipment Market (2011-2022)
Figure 3.24: US HVAC Equipment Market ($M) by End Use in 2016
Figure 3.25: US HVAC Equipment Market ($M) by End Use in 2022
Figure 3.26: Trends and Forecast for Residential End use in the US HVAC Equipment Market (2011-2022)
Figure 3.27: Trends and Forecast for Healthcare End Use in the US HVAC Equipment Market (2011-2022)
Figure 3.28: Trends and Forecast for Education End Use in the US HVAC Equipment Market (2011-2022) 
Figure 3.29: Trends and Forecast for Hospitality End Use in the US HVAC Equipment Market (2011-2022)
Figure 3.30: Trends and Forecast for office End Use in the US HVAC Equipment Market (2011-2022)
Figure 3.31: Trends and Forecast for Retail End Use in the US HVAC Equipment Market (2011-2022)
Figure 3.32: Trends and forecast for others End Use in the US HVAC Equipment Market (2011-2022)

Chapter 4. Competitor Analysis
Figure 4.1: Market Share Analysis of the US HVAC Equipment Market in 2016
(Source: Lucintel)
Figure 4.2: Market Share Analysis of Top Three Players in US HVAC Equipment Market in 2016
Figure 4.3:  Locations of Major HVAC Equipment Manufacturer
Figure 4.4: Porter’s Five Forces Industry Analysis for US HVAC Equipment Market

Chapter 5. Cost Structure Analysis
Figure 5.1: Cost Structure Analysis of the US HVAC Equipment Market (%) in 2016
 
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunities for the US HVAC Equipment Market by Product Type (2017-2022)
Figure 6.2: Growth Opportunities for the US HVAC Equipment Market by End Use (2017-2022)
Figure 6.3: Emerging Trends in the US HVAC Equipment Market
Figure 6.4: Year-over-Year Comparison of Strategic Initiatives by Major Competitors in the US HVAC Equipment Market (2014-2016)
Figure 6.5: Major Capacity Expansions in the US HVAC Equipment Market
 
Chapter 7. Company Profiles of Leading Players
Figure 7.1: Major Plant Location of Johnson Controls Inc.
Figure 7.2: Major Plant locations of Ingersoll-Rand Plc
Figure 7.3: Major Plant locations of Lennox International
Figure 7.4: Major Plant Location of United Technology Corporation
Figure 7.5: Major Plant Location of AAON Inc
Figure 7.6: Major Plant Locations of Daikin Industries
 
List of Tables
 
Chapter 1. Executive Summary
Table 1.1: US HVAC equipment Market Parameters and Attributes 
 
Chapter 3. Market Trends and Forecast Analysis from 2011 to 2022
Table 3.1: Market Trends of the US HVAC Equipment Market (2011-2016)
Table 3.2: Market Forecast for the US HVAC Equipment Market (2017-2022)
Table 3.3: Market Size and CAGR of Various Products in the US HVAC Equipment Market by Value (2011-2016)
Table 3.4: Market Size and CAGR of Various Products in the US HVAC Equipment Market by Value (2017-2022)
Table 3.5: Market Size and CAGR of Various Products of the US HVAC Equipment Market by Volume (2011-2016)
Table 3.6: Market Size and CAGR of Various Products of the US HVAC Equipment Market by Volume (2017-2022)
Table 3.7: Market Trends for Furnaces in the US HVAC Equipment Market (2011-2016)
Table 3.8: Market Forecast for Furnace in the US HVAC Equipment Market (2017-2022)
Table 3.9: Market Trends for Heat Pump in the US HVAC Equipment Market (2011-2016)
Table 3.10: Market Forecast for Heat Pump in the US HVAC Equipment Market (2017-2022)
Table 3.11: Market Trends for Central AC in the US HVAC Equipment Market (2011-2016)
Table 3.12: Market Forecast for Central AC in the US HVAC Equipment Market (2017-2022)
Table 3.13: Market Trends for Room AC in the US HVAC Equipment Market (2011-2016)
Table 3.14: Market Forecast for Room AC in the US HVAC Equipment Market (2017-2022)
Table 3.15: Market Trends for Others in the US HVAC Equipment Market (2011-2016)
Table 3.16: Market Forecast for Others in the US HVAC Equipment Market (2017-2022)
Table 3.17: Market Trends and Forecast of Residential End Use in the US HVAC Equipment Market (2011-2022)
Table 3.18: Market Trends and Forecast of Healthcare End Use in the US HVAC Equipment Market (2011-2022)
Table 3.19: Market Trends and Forecast of Education End Use in the US HVAC Equipment Market (2011-2022)
Table 3.20: Market Trends and Forecast of Hospitality End Use in the US HVAC Equipment Market (2011-2022)
Table 3.21: Market Trends and Forecast of Office End Use in the US HVAC Equipment Market (2011-2022)
Table 3.22: Market Trends and Forecast of Retail End Use in the US HVAC Equipment Market (2011-2022)
Table 3.23: Market Trends and Forecast of Others End Use in the US HVAC Equipment Market (2011-2022)
 
Chapter 4. Competitor Analysis
Table 4.1: Product Mapping of HVAC Equipment Manufacturer Based on Markets Served
Table 4.2: Rankings of Manufacturer Based on Revenue of the HVAC Equipment Market
Table 4.3: Operational Integration of HVAC Equipment Manufacturer
 
Chapter 5. Cost Structure Analysis
Table 5.1: Financial Statement for the US HVAC Equipment Market 
 
Chapter 6. Growth Opportunities and Strategic Analysis
Table 6.1: New Product Launches by Major HVAC Manufacturer (2011-2016) (Source: Lucintel)
Table 6.2: Certification and Licenses Acquired by Major Competitors in the US HVAC Equipment Market
Table 6.3: Technological Advancement in the US HVAC Equipment Market
 
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: HVAC Equipment Market: Trends, Opportunities and Competitive Analysis Full Report $ 4,850
63 figures/charts and 31 tables are provided in this 131 - page report.
Chapter - 1: Executive Summary 6 $ 435
Executive Summary
Chapter - 2: HVAC Insulation Market Background and Classifications 17 $ 218
2.            HVAC Insulation Market Background and Classifications 
2.1          Introduction       
2.2          Industry Classification    
2.3          Market Served  
2.4          Supply Chain      
Chapter - 3: Market Trends and Forecast Analysis 92 $ 1,740
3.            Market Trends and Forecast Analysis      
3.1          Market Analysis 2015     
3.1.1      Global HVAC Insulation Market by Material (Value and Volume)                
3.1.1.1   Plastic Foam Insulation Market by Region             
3.1.1.2   Fiberglass Insulation Market by Region  
3.1.1.3   Stone Wool HVAC Insulation Market by Region  
3.1.2      Global HVAC Insulation Market by Component (Value and Volume)        
3.1.2.1   Duct Insulation Market by Region             
3.1.2.2   Pipe Insulation Market by Region             
3.1.3      Global HVAC Insulation Market by End Use Industry (Value and Volume)              
3.1.4      Global HVAC Insulation Market by Region (Value and Volume)   
3.2          Market Trends 2010-2015             
3.2.1      Macroeconomic Trends                
3.2.2      Trends of the Global HVAC Insulation Market by Value and Volume         
3.2.2.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.2.2.2   Market by Component: Ducts and Pipes               
3.2.2.3   Market by End Use Industry: Residential, Healthcare and Institutional, Manufacturing and Industrial, Office, Retail, and Others         
3.2.3      Trends of the North American HVAC Insulation Market by Value and Volume     
3.2.3.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.2.3.2   Market by Component: Ducts and Pipes               
3.2.4      Trends of the European HVAC Insulation Market by Value and Volume  
3.2.4.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.2.4.2   Market by Component: Ducts and Pipes               
3.2.5      Trends of the APAC HVAC Insulation Market by Value and Volume          
3.2.5.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others   
3.2.5.2   Market by Component: Ducts and Pipes               
3.2.6      Trends of the ROW HVAC Insulation Market by Value and Volume           
3.2.6.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.2.6.2   Market by Component: Ducts and Pipes              
3.3 Industry Drivers and Challenges        
3.4          Market Forecast from 2016 to 2021          
3.4.1      Macroeconomic Forecast             
3.4.2      Forecast for the Global HVAC Insulation Market by Value and Volume    
3.4.2.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.4.2.2   Market by Component: Ducts and Pipes               
3.4.2.3   Forecast for the Global HVAC Insulation Market by End Use Industry from 2016 to 2021
3.4.3      Forecast for the North American HVAC Insulation Market by Value and Volume                                                
3.4.3.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.4.3.2   Market by Component: Ducts and Pipes               
3.4.4      Forecast for the European HVAC Insulation Market by Value and Volume             
3.4.4.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.4.4.2   Market by Component: Ducts and Pipes               
3.4.5      Forecast for the APAC HVAC Insulation Market by Value and Volume     
3.4.5.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool and Others      
3.4.5.2   Market by Component: Ducts and Pipes               
3.4.6      Forecast for the ROW HVAC Insulation Market by Value and Volume      
3.4.6.1   Market by Material: Plastic Foam, Fiberglass, Stone Wool, and Others    
3.4.6.2   Market by Component: Ducts and Pipes               
Chapter - 4: Competitor Analysis 6 $ 2,248
4.            Competitor Analysis       
4.1          Product Portfolio Analysis            
4.2          Market Share Analysis   
4.3          Operational Integration                
4.4          Geographical Reach        
4.5          Porter’s Five Forces Analysis       
Chapter - 5: Growth Opportunity and Strategic Analysis 14 $ 725
5.            Growth Opportunity and Strategic Analysis         
5.1          Growth Opportunities Analysis  
5.1.1      Growth Opportunities for the Global HVAC Insulation Market by Material            
5.1.2      Growth Opportunities for the Global HVAC Insulation Market by Component     
5.1.3      Growth Opportunities for the Global HVAC Insulation Market by End Use Industry           
5.1.4      Growth Opportunities for the Global HVAC Insulation Market by Region               
5.2          Emerging Trends in the Global HVAC Insulation Market  
5.3          Strategic Analysis             
5.3.1      New Product Development        
5.3.2      Capacity Expansion of the Global HVAC Insulation Market            
5.3.3      Certification and Licensing           
5.3.4      Technology Development            
5.3.5      Mergers, Acquisitions and Joint Ventures in the Global HVAC Insulation Market                                                
Chapter - 6: Company Profiles of Leading Players 9 $ 508
6.            Company Profiles of Leading Players       
6.1          Kingspan              
6.2          Saint-Gobain      
6.3          Owens Corning 
6.4          Johns Manville  
6.5          Rockwool International 
6.6          Armacell Engineered Foams        
6.7          Knauf Insulation               
 

Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Major raw materials for HVAC equipment are plastics and metals such as copper, aluminum and others. The major HVAC equipment manufacturers in this market are Johnson Controls Inc., Daikin, Ingersoll-Rand Plc, United Technology Corporation (Carrier) and others. The major distributors that purchase HVAC equipment from manufacturers are Air Solutions Inc., Connor Co., Ingersoll-Rand Residential Solutions, Worrel HVAC Inc., F.W. Webb Co and others.
 
Below is a brief summary of the primary interviews that were conducted by both job function and region for this report.


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

Please sign in below to get report brochure - HVAC Equipment Market.

At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )