ShareHeating, Ventilation and Air Conditioning: Global Markets
BCC Research estimates the total global market for commercial and residential HVAC (heating, ventilation, and air-conditioning) systems at USD 69.8 billion in 2013 and USD 75.4 billion in 2014.
BCC Research estimates the total global market for commercial and residential HVAC (heating, ventilation, and air conditioning) systems at USD 69.8 billion in 2013 and USD 75.4 billion in 2014. This market is expected to reach USD 116.6 billion by 2019, registering a compound annual growth rate (CAGR) of 9.1% over the next five years.
The market leaders in the HVAC industry are AAON Inc., Carrier corporation (UTC), Daikin industries, Danfoss Group, Johnson Controls Inc., IG Electronics, Lennox international, Midea Group, Mitsubishi Electric Corporation, Nortek incorporated, Samsung Electronics, Toshiba Corporation, Trane (Ingersoll-rand), Uponor Corporation ; and newcomers from emerging economies: Chunlan Group, Gree Electric, Haier Group, Voltas Ltd.
Source: Information provided by ReportLinker
The market leaders in the HVAC industry are AAON Inc., Carrier corporation (UTC), Daikin industries, Danfoss Group, Johnson Controls Inc., IG Electronics, Lennox international, Midea Group, Mitsubishi Electric Corporation, Nortek incorporated, Samsung Electronics, Toshiba Corporation, Trane (Ingersoll-rand), Uponor Corporation ; and newcomers from emerging economies: Chunlan Group, Gree Electric, Haier Group, Voltas Ltd.
Source: Information provided by ReportLinker