$ 5.14 Billion Growth Expected in Advanced HVAC Controls Market | COVID-19 Impact Analysis in Q1 2021| APAC to Notice Maximum Growth

Sales of key products such as refrigerators, air conditioners, microwave ovens and other electronic devices fell in 2020 due to the COVID-19 outbreak. Sellers operating in the market witnessed a drop in their sales. However, the market will recover in 2021 with the relaxation of lockdown standards and the resumption of business activities.

The market is expected to be driven by factors such as the increasing adoption of integrated smart technologies, the increasing preference for centralized HVAC systems and the increasing residential and commercial construction activities.

Request a free sample report

Advanced HVAC Control Market: Opportunities
The tourism industry is thriving all over the world, especially in countries such as Saudi Arabia, UAE, and Qatar. This encourages the government and private investors in these countries to invest more in the development of luxury hotels, shopping centers and resorts. The steady growth in the purchasing power of people in developing regions also increases the demand for modern, advanced and innovative products. Many such factors are expected to create significant opportunities for market players during the forecast period.

Advanced HVAC Control Market: Segmentation by Product
Based on the segmentation by product, the market generated maximum turnover in the sensor segment in 2020. The segment is driven by the launch of new products and increasing investments in the development of high quality sensors by suppliers. Market growth in the segment is expected to be significant over the forecast period.

Advanced HVAC Control Market: Segmentation by Geography
APAC had the largest market share in 2020 and market growth in the region is expected to be fastest compared to market growth in other regions. Market growth in APAC can be attributed to growing urbanization, infrastructure development and government incentives and support. It is also expected that the increasing number of office spaces, technology parks and business parks will drive the growth of the market for advanced HVAC controls in APAC during the forecast period.

Develop strategies to make the most of future growth opportunities
Grab an exclusive report now!

Advanced HVAC control market: major suppliers

Azbil Corp.
The company offers advanced HVAC controls such as sensors, building management systems, user terminals, controllers, valves, actuators and others.

Delta Electronics Inc.
The company offers advanced HVAC products that provide an energy-saving air conditioning solution used for the programmable logic controller (PLC) and variable torque AC motor drives, which are specially designed for medium and high power fan and pump applications.

Emerson Electric Co.
The company offers advanced HVAC from Copeland Scroll compressors to high precision Sensi smart thermostats to advanced Emerson electronics.

Ingersoll Rand Inc.
The company offers a wide variety of advanced HVAC controls, including single and two-stage reciprocating compressors, rotary screw compressors, centrifugal air compressors, oil-free and oil-flooded equipment, PET compressed air solutions and more.

Johnson Controls International Plc
The company offers advanced HVAC controls such as METASYS building automation systems that connect commercial HVAC, lighting, security and security systems together, allowing them to communicate on a single platform to deliver the information.

Request a full report to know supplier strategy during the COVID-19 recovery phase

Related market reports for advanced HVAC controls:

Global HVAC Aftermarket – Be aware of the latest consumer trends, offers from major suppliers and factors influencing the growth of the HVAC aftermarket.
Download exclusive free sample report

Global HVAC market – The global HVAC market is expected to see maximum APAC growth in 2021-2025. Discover information about the production, sustainability and prospects of several leading companies.
Download exclusive free sample report

Global market for HVAC systems for buses Analyze the impact of the COVID-19 pandemic on the flaxbus HVAC systems market, apply better marketing tactics, and prepare for what’s next.
Download exclusive free sample report

Global Industrial HVAC Market – The global industrial HVAC market is expected to benefit from the increased demand for energy efficient HVAC systems and the increasing use of renewable energy sources for HVAC systems.
Download exclusive free sample report

Global residential HVAC market – Global residential HVAC market is segmented by product (air conditioning system, heating system and ventilation system) and geography (APAC, Europe, MEA, North America, and South America).
Download exclusive free sample report

Management summary

Market landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market size

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of Rivalry
  • Market condition

Market segmentation by product

  • Market segments
  • Comparison per product
  • Sensors – Market size and forecast 2020-2025
  • Field equipment – Market size and forecast 2020-2025
  • Level controls – Market size and forecast 2020-2025
  • Market opportunity per product

Market segmentation by end user

  • Market segments
  • Comparison per end user
  • Commercial – Market size and forecast 2020-2025
  • Residential – Market size and forecast 2020-2025
  • Market opportunity by end user

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Main leading countries
  • Market opportunities by geography
  • Market factors
  • Market challenges
  • Market trends

Supplier landscape

  • Supplier landscape
  • Disturbance of the landscape
  • Competitive scenario

Supplier analysis

  • Sellers covered
  • Market positioning of suppliers
  • Azbil Corp.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Ingersoll Rand Inc.
  • Johnson Controls International Plc
  • From Lennox International Inc.
  • Mitsubishi Electric Corp.
  • Schneider Electric SE
  • Siemens AG


  • Scope of the report
  • Exchange rates for US $
  • Research method
  • List of abbreviations

About us
Technavio is a leading global technology research and consultancy firm. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail address: [email protected]
Website: www.technavio.com
Report: www.technavio.com/report/advanced-hvac-controls-market-size-industry-analysis

SOURCE Technavio

Related Links


Comments are closed.