HVAC System Market by Cooling Equipment (Unitary Air Conditioners, VRF Systems), Heating Equipment (Heat Pumps, Furnaces), Ventilation Equipment (AHUs, Air Filters), Implementation Type, Application and Region - Global Forecast to 2028
HVAC Controls Market estimated to be worth $24.4 billion by 2025
HVAC Controls Market estimated to be worth $24.4 billion by 2025
HVAC Controls Market espected to be worth $24.4 billion by 2025
Key Opportunities and Challenges in the HVAC Controls Market
HVAC Controls Capturing Huge Demand In Future
Building owners are implementing HVAC systems to reduce energy consumption and increase energy efficiency to reduce energy costs.
HVAC Controls Capturing Huge Demand In Future
The satellite payloads market is estimated to be USD 11.84 Billion in 2017 and is projected to reach USD 18.15 Billion by 2022, at a CAGR of 8.92% during the forecast period.
HVAC Controls to Steady Growth in The Near Future
Building owners are implementing HVAC systems to reduce energy consumption and increase energy efficiency to reduce energy costs. There are a number of government regulations encouraging the implementation of HVAC controls in existing and new residential
HVAC Controls as the New Industry Growth Driver
The HVAC controls market for the commercial and residential buildings applications is expected to grow at a high CAGR as compared to that for the industrial buildings application.
Nowadays HVAC Controls Getting High Demand in Architecture and Building Sector!
Increasing demand for improved energy-efficient devices and low environmental impact with the use of HVAC controls, increasing use of IP technology, growing number of construction activities, and increased legislation and energy management initiatives.
HVAC Controls Technology Plays Important Role in Construction
HVAC Controls Market by System (Temperature, Ventilation, Humidity & Integrated Controls), Component (Sensors and Controllers & Controlled Devices), Revenue Source (HVAC Controls & BEMS), Application, and Geography - Global Trend and Forecast to 2022