Global Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market Report by The Business Research Company covers ventilation, heating, air-conditioning, and commercial refrigeration equipment market drivers and restraints, ventilation, heating, air-conditioning, and commercial refrigeration equipment market size, major players, and the impact of COVID-19 on the ventilation, heating, air-conditioning, and commercial refrigeration equipment market.
The ventilation, heating, air-conditioning, and commercial refrigeration equipment market consists of sales of ventilation, heating, air-conditioning, and commercial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce ventilation, heating, air-conditioning, and commercial refrigeration equipment, including heating equipment (except warm air furnaces) and air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market is segmented into HVAC and commercial and industrial refrigeration equipment, commercial fan and air purification equipment, and heating equipment (except warm air furnaces).
The ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
The global ventilation, heating, air-conditioning, and commercial refrigeration equipment market is expected to grow from $507.62 billion in 2020 to $525.45 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. 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 $703.82 billion in 2025 at a CAGR of 8%.
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Some ventilation, heating, air-conditioning, and commercial refrigeration equipment market trends include the geothermal heating and cooling technology 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.
Global ventilation, heating, air-conditioning, and commercial refrigeration equipment market segments include:
1) By Type: HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (Except Warm Air Furnaces).
2) By Capacity: Small, Medium, Large.
Subsegments Covered: HVAC Equipment, Commercial And Industrial Refrigeration Equipment, Polystyrene Foam Products, Urethane And Other Foam Product, Air Purification Equipment, Attic And Exhaust Fans, Other Commercial Fan And Air Purification Equipment, Heating Boilers, Heating Stoves, Floor And Wall Furnaces, Other Heating Equipment (Except Warm Air Furnaces).
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 ventilation, heating, air-conditioning, and commercial refrigeration equipment market share.
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The Ventilation, Heating, Air-Conditioning, And Commercial 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 ventilation, heating, air-conditioning, and commercial refrigeration equipment market overviews, analyzes and forecasts market size, share, ventilation, heating, air-conditioning, and commercial refrigeration equipment market players, ventilation, heating, air-conditioning, and commercial refrigeration equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The ventilation, heating, air-conditioning, and commercial 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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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: United Technologies Corporation, Daikin Industries Ltd, Johnson Controls Inc, Ingersoll Rand, Bosch Group.
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 Ventilation, Heating, Air-Conditioning, And Commercial 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 Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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