Table of Content

1. Executive Summary


2. Introduction

2.1 HVAC: An Overview
2.1.1 Purpose of HVAC System

2.2 HVAC Segmentation: An Overview
2.2.1 HVAC Segmentation by Type

2.3 Residential & Commercial HVAC: An Overview
2.3.1 Difference Between Residential & Commercial HVAC Systems

2.4 Residential HVAC Segmentation: An Overview
2.4.1 Residential HVAC Segmentation by Equipment
2.4.2 Residential HVAC Segmentation by Product Category

2.5 Commercial HVAC Segmentation: An Overview
2.5.1 Commercial HVAC Segmentation by Product Category


3. Global Market Analysis

3.1 Global HVAC Market: An Analysis

3.1.1 Global HVAC Market by Value
3.1.2 Global HVAC Market by Segments (HVAC Equipment and Aftermarket Services)
3.1.3 Global HVAC Market by Region (APAC, EMEA and Americas)

3.2 Global HVAC Market: Segment Analysis

3.2.1 Global HVAC Equipment Market by Value
3.2.2 Global HVAC Equipment Market by Type (Commercial and Residential)
3.2.3 Global HVAC Equipment Market by Region (APAC, North America and Europe)
3.2.4 Global HVAC Aftermarket Services Market by Value

3.3 Global Residential HVAC Equipment Market: An Analysis

3.3.1 Global Residential HVAC Equipment Market by Value
3.3.2 Global Residential HVAC Equipment Market by Volume
3.3.3 Global Residential HVAC Equipment Market by Product Category (Ductless/Window and Ducted/Unitary)
3.3.4 Global Ductless/Window Residential HVAC Equipment Market by Value
3.3.5 Global Ducted/Unitary Residential HVAC Equipment Market by Value

3.4 Global Commercial HVAC Equipment Market: An Analysis

3.4.1 Global Commercial HVAC Equipment Market by Value
3.4.2 Global Commercial HVAC Equipment Market by Product Category (Ductless, Applied and Ducted/Unitary)
3.4.3 Global Ductless Commercial HVAC Equipment Market by Value
3.4.4 Global Ducted/Unitary Commercial HVAC Equipment Market by Value
3.4.5 Global Applied Commercial HVAC Equipment Market by Value


4. Regional Analysis

4.1 APAC HVAC Market: An Analysis

4.1.1 APAC HVAC Market by Value
4.1.2 APAC HVAC Equipment Market by Value

4.2 EMEA HVAC Market: An Analysis

4.2.1 EMEA HVAC Market by Value
4.2.2 Europe HVAC Equipment Market by Value

4.3 Americas HVAC Market: An Analysis

4.3.1 Americas HVAC Market by Value
4.3.2 North America HVAC Equipment Market by Value
4.3.3 North America HVAC Equipment Market by Type (Residential and Commercial)
4.3.4 North America Residential HVAC Equipment Market by Value
4.3.5 North America Commercial HVAC Equipment Market by Value
4.3.6 North America Commercial HVAC Equipment Market by Region [The US and North America (Excluding the US)]
4.3.7 The US Commercial HVAC Equipment Market by Value
4.3.8 The US Commercial HVAC Equipment Market by Product Category (Ducted/Unitary, Applied and Ductless)
4.3.9 The US Ducted/Unitary Commercial HVAC Equipment Market by Value
4.3.10 The US Ductless Commercial HVAC Equipment Market by Value
4.3.11 The US Applied Commercial HVAC Equipment Market by Value
4.3.12 North America (Excluding the US) Commercial HVAC Equipment Market by Value

4.4 Other HVAC Equipment Market: An Analysis

4.4.1 Other HVAC Equipment Market by Value


5. Market Dynamics

5.1 Growth Driver
5.1.1 Surging Urban Population
5.1.2 Rising Number of New Housing Units
5.1.3 Growing Replacement Demand of HVAC Systems
5.1.4 Escalating Demand for AC/Heat Pumps for New Residential Construction
5.1.5 Increasing Demand for Smart Thermostats
5.1.6 Surging Non-Residential Construction Spending

5.2 Challenges
5.2.1 Uncertainty in the Demand for HVAC systems due to Climate Change
5.2.2 High Cost Involved

5.3 Market Trends
5.3.1 Emerging Trend of Smart Home
5.3.2 Growing Data Center
5.3.3 Increasing Government Regulations
5.3.4 Growing Popularity of Variable Refrigerant Flow (VRF)


6. Competitive Landscape

6.1 Global HVAC Equipment Players by Market Share
6.2 Global HVAC Equipment Market Players by Residential HVAC Growth Rates
6.3 Global HVAC Equipment Market Players by Commercial HVAC Growth Rates
6.4 Global Residential and Commercial HVAC Market Players
6.5 Global Residential and Commercial HVAC Market Players by New Product Launch
6.6 Global Residential and Commercial HVAC Market Players by Distribution Breakdown
6.7 Global Residential HVAC Players by Market Share
6.8 North America Residential HVAC Players by Market Share
6.9 The US Commercial Ducted/Unitary HVAC Players by Market Share


7. Company Profiles

7.1 United Technologies Corporation (Carrier)
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy

7.2 Ingersoll-Rand plc (Trane Inc.)
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy

7.3 Johnson Controls International plc (York International)
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

7.4 Daikin Industries, Ltd. (Goodman Global, Inc.)
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy



List of Figures



Figure 1: Purpose of HVAC System
Figure 2: HVAC Segmentation by type
Figure 3: Residential HVAC Segmentation by Equipment
Figure 4: Residential HVAC Segmentation by Product Category
Figure 5: Commercial HVAC Segmentation by Product Category
Figure 6: Global HVAC Market by Value; 2016-2018 (US$ Billion)
Figure 7: Global HVAC Market by Value; 2019-2023 (US$ Billion)
Figure 8: Global HVAC Market by Segments; 2018 (Percentage, %)
Figure 9: Global HVAC Market by Region; 2018 (Percentage, %)
Figure 10: Global HVAC Equipment Market by Value; 2014-2018 (US$ Billion)
Figure 11: Global HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 12: Global HVAC Equipment Market by Type; 2018 (Percentage, %)
Figure 13: Global HVAC Equipment Market by Region; 2018 (Percentage, %)
Figure 14: Global HVAC Aftermarket Services Market by Value; 2016-2018 (US$ Billion)
Figure 15: Global HVAC Aftermarket Services Market by Value; 2019-2023 (US$ Billion)
Figure 16: Global Residential HVAC Equipment Market by Value; 2015-2018 (US$ Billion)
Figure 17: Global Residential HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 18: Global Residential HVAC Equipment Market by Volume; 2015-2018 (Million Units)
Figure 19: Global Residential HVAC Equipment Market by Volume; 2019-2023 (Million Units)
Figure 20: Global Residential HVAC Equipment Market by Product Category; 2018 (Percentage, %)
Figure 21: Global Ductless/Window Residential HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 22: Global Ductless/Window Residential HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 23: Global Ducted/Unitary Residential HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 24: Global Ducted/Unitary Residential HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 25: Global Commercial HVAC Equipment Market by Value; 2015-2018 (US$ Billion)
Figure 26: Global Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 27: Global Commercial HVAC Equipment Market by Product Category; 2018 (Percentage, %)
Figure 28: Global Ductless Commercial HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 29: Global Ductless Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 30: Global Ducted/Unitary Commercial HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 31: Global Ducted/Unitary Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 32: Global Applied Commercial HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 33: Global Applied Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 34: APAC HVAC Market by Value; 2016-2018 (US$ Billion)
Figure 35: APAC HVAC Market by Value; 2019-2023 (US$ Billion)
Figure 36: APAC HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 37: APAC HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 38: EMEA HVAC Market by Value; 2016-2018 (US$ Billion)
Figure 39: EMEA HVAC Market by Value; 2019-2023 (US$ Billion)
Figure 40: Europe HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 41: Europe HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 42: Americas HVAC Market by Value; 2016-2018 (US$ Billion)
Figure 43: Americas HVAC Market by Value; 2019-2023 (US$ Billion)
Figure 44: North America HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 45: North America HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 46: North America HVAC Equipment Market by Type; 2018 (Percentage, %)
Figure 47: North America Residential HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 48: North America Residential HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 49: North America Commercial HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 50: North America Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 51: North America Commercial HVAC Equipment Market by Region; 2018 (Percentage, %)
Figure 52: The US Commercial HVAC Equipment Market by Value; 2015-2018 (US$ Billion)
Figure 53: The US Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 54: The US Commercial HVAC Equipment Market by Product Category; 2018 (Percentage, %)
Figure 55: The US Ducted/Unitary Commercial HVAC Equipment Market by Value; 2015-2018 (US$ Billion)
Figure 56: The US Ducted/Unitary Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 57: The US Ductless Commercial HVAC Equipment Market by Value; 2015-2018 (US$ Million)
Figure 58: The US Ductless Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Million)
Figure 59: The US Applied Commercial HVAC Equipment Market by Value; 2015-2018 (US$ Billion)
Figure 60: The US Applied Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 61: North America (Excluding the US) Commercial HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 62: North America (Excluding the US) Commercial HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 63: Other HVAC Equipment Market by Value; 2017-2018 (US$ Billion)
Figure 64: Other HVAC Equipment Market by Value; 2019-2023 (US$ Billion)
Figure 65: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 66: Global Number of New Housing Units; 2013-2019 (Thousand)
Figure 67: Global Replacement Rate of HVAC Systems; 2013-2019 (Percentage, %)
Figure 68: Global AC/Heat Pumps Units for New Residential Construction; 2014-2019 (Thousand Units)
Figure 69: Global Smart Thermostat Market by Volume; 2013-2018 (Million Units)
Figure 70: The US Monthly Non-Residential Construction Spending; 2013-2018 (US$ Billion)
Figure 71: Global Smart Home Market; 2017-2022 (US$ Billion)
Figure 72: Global Data Center Market; 2018-2023 (US$ Billion)
Figure 73: Global HVAC Equipment Players by Market Share; 2017 (Percentage, %)
Figure 74: Global HVAC Equipment Market Players by Residential HVAC Growth Rates; 1Q17-4Q17 (Percentage, %)
Figure 75: Global HVAC Equipment Market Players by Commercial HVAC Growth Rates; 1Q17-4Q17 (Percentage, %)
Figure 76: Global Residential HVAC Players by Market Share; 2017 (Percentage, %)
Figure 77: North America Residential HVAC Players by Market Share; 2017 (Percentage, %)
Figure 78: The US Commercial Ducted/Unitary HVAC Players by Market Share; 2017 (Percentage, %)
Figure 79: United Technologies Corporation (Carrier) Net Sales; 2014-2018 (US$ Billion)
Figure 80: United Technologies Corporation (Carrier) Net Sales by Segments; 2018 (Percentage, %)
Figure 81: United Technologies Corporation (Carrier) Net Sales by Region; 2018 (Percentage, %)
Figure 82: Ingersoll-Rand plc (Trane Inc.) Net Revenues; 2014-2018 (US$ Billion)
Figure 83: Ingersoll-Rand plc (Trane Inc.) Net Revenues by Segments; 2018 (Percentage, %)
Figure 84: Ingersoll-Rand plc (Trane Inc.) Net Revenues by Region; 2018 (Percentage, %)
Figure 85: Johnson Controls International plc (York International) Net Sales; 2014-2018 (US$ Billion)
Figure 86: Johnson Controls International plc (York International) Net Sales by Segments; 2018 (Percentage, %)
Figure 87: Johnson Controls International plc (York International) Net Sales by Region; 2018 (Percentage, %)
Figure 88: Daikin Industries, Ltd. (Goodman Global, Inc.) Net Sales; 2014-2018 (US$ Billion)
Figure 89: Daikin Industries, Ltd. (Goodman Global, Inc.) Net Sales by Segments; 2018 (Percentage, %)
Figure 90: Daikin Industries, Ltd. (Goodman Global, Inc.) Net Sales by Region; 2018 (Percentage, %)
Table 1: Difference Between Residential & Commercial HVAC Systems
Table 2: Global Residential and Commercial HVAC Market Players
Table 3: Global Residential and Commercial HVAC Market Players by New Product Launch
Table 4: Global Residential and Commercial HVAC Market Players by Distribution Breakdown