Global HVAC And Commercial And Industrial Refrigeration Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global HVAC And Commercial And Industrial Refrigeration Equipment Market Report by The Business Research Company covers HVAC and commercial and industrial refrigeration equipment market drivers and restraints, HVAC and commercial and industrial refrigeration equipment market size, major players, and the impact of COVID-19 on the HVAC and commercial and industrial refrigeration equipment market.
The HVAC and commercial and industrial refrigeration equipment market consists of sales of HVAC and commercial and industrial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce HVAC and commercial and industrial refrigeration equipment. Examples of products in this market include air-conditioning equipment, refrigerated counter and display cases, snow making machinery, and attic and exhaust fans. The HVAC and commercial and industrial refrigeration equipment market is segmented into HVAC equipment, and commercial and industrial refrigeration equipment.
The HVAC and commercial and industrial refrigeration equipment market growth is aided by stable economic growth forecasted in many developed and developing countries. The global HVAC and commercial and industrial refrigeration equipment market is expected to grow from $398.41 billion in 2020 to $412.04 billion in 2021 at a compound annual growth rate (CAGR) of 3.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $545.69 billion in 2025 at a CAGR of 7%.
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Some HVAC and commercial and industrial refrigeration equipment market trends include geothermal heating and cooling technology. This technology is becoming popular because of the surge in demand for energy efficient HVAC systems. Geothermal HVAC absorbs heat from the facility and transfers it underground and it uses cool water from the ground to create cool air conditioning in the facility. It consists of an indoor handling unit and a system of pipes underground which requires very low maintenance and lasts longer than traditional HVAC systems. Geothermal heating and cooling systems are now installed in about 50,000 US houses each year, according to the US Department of Energy.
Global HVAC and commercial and industrial refrigeration equipment market segments include:
1) By Type: HVAC Equipment, Commercial And Industrial Refrigeration Equipment.
2) By Capacity: Small, Medium, Large.
Subsegments Covered: Air-Conditioning Equipment, Warm Air Heating Equipment, Commercial Refrigeration Equipment, Industrial Refrigeration Equipment.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global HVAC and commercial and industrial refrigeration equipment market share.
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The HVAC And Commercial And Industrial Refrigeration Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides HVAC and commercial and industrial refrigeration equipment market overviews, analyzes and forecasts market size, share, HVAC and commercial and industrial refrigeration equipment market players, HVAC and commercial and industrial refrigeration equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The HVAC and commercial and industrial refrigeration equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read HVAC And Commercial And Industrial Refrigeration Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: AAON Inc, Carrier Corp., Daikin Industries, Danfoss Group, Emerson Electric Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The HVAC And Commercial And Industrial Refrigeration Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The HVAC And Commercial And Industrial Refrigeration Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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