Table of Content

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 VAV SYSTEMS MARKET: REGIONS COVERED 17
1.4 YEARS CONSIDERED FOR THE STUDY 18
1.5 CURRENCY 18
1.6 LIMITATIONS 19
1.7 STAKEHOLDERS 19

2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 22
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primary interviews 23
2.2 MARKET SIZE ESTIMATION 23
2.2.1 TOP-DOWN APPROACH 23
2.2.2 BOTTOM-UP APPROACH 24
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 25
2.3.1 ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE OPPORTUNITIES IN THE VAV SYSTEM MARKET 29
4.2 VAV SYSTEM MARKET, BY TYPE 29
4.3 VAV SYSTEM MARKET, BY APPLICATION AND REGION 30
4.4 VAV SYSTEM MARKET: MAJOR COUNTRIES 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 31
5.2 MARKET DYNAMICS 31
5.2.1 DRIVERS 32
5.2.1.1 Increasing construction activities, globally 32
5.2.1.2 Increasing awareness for reducing energy consumption 32
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5.2.2 RESTRAINTS 32
5.2.2.1 Presence of alternative technologies 32
5.2.2.2 Low awareness about the VAV system 33
5.2.3 OPPORTUNITIES 33
5.2.3.1 Newer modifications in the VAV system 33
5.2.4 CHALLENGES 33
5.2.4.1 High product and installation costs 33
5.2.5 PORTER’S FIVE FORCES ANALYSIS 34
5.2.5.1 Bargaining power of suppliers 35
5.2.5.2 Threat of new entrants 35
5.2.5.3 Threat of substitutes 35
5.2.5.4 Bargaining power of buyers 36
5.2.5.5 Intensity of competitive rivalry 36
5.2.6 MACROECONOMIC INDICATORS 36
5.2.6.1 Introduction 36
5.2.6.2 Trends And Forecast Of GDP At Country Level 37
5.2.6.3 COUNTRIES ENGAGING IN MORE THAN 60% GREEN PROJECTS (2018 AND 2021) 38
5.2.6.4 SECTORS HAVING PLANNED GREEN ACTIVITY OVER THE NEXT THREE YEARS(2020–2022) 38
5.2.6.5 GROWTH RATE OF GLOBAL MANUFACTURING OUTPUT (QUARTER I, 2018) 39
5.2.7 SUPPLY CHAIN ANALYSIS 40
5.2.8 SALES CHANNEL AND COMPONENT DEFINITION 41
5.2.9 COMPONENT COST BREAKUP 42
5.2.9.1 Component Definitions 42
5.2.10 NEW CONSTRUCTION VS RETROFIT 43

6 VAV SYSTEM MARKET, BY TYPE 44
6.1 INTRODUCTION 45
6.2 SINGLE-DUCT VAV SYSTEM 46
6.2.1 THE USE OF SINGLE-DUCT VAV SYSTEM ENSURES REDUCED ENERGY CONSUMPTION, THEREBY CONTRIBUTING TO THE GLOBAL NEED FOR ENERGY EFFICIENCY 46
6.3 DUAL-DUCT VAV SYSTEM 48
6.3.1 DUAL-DUCT VAV SYSTEM IS IDEAL FOR ALTERNATIVE VENTILATION AND HUMIDITY CONTROL 48
6.4 INDUCTION VAV SYSTEM 49
6.4.1 ONE OF THE MOST IMPORTANT ADVANTAGES OF THIS VAV SYSTEM IS THAT IT REQUIRES LOW MAINTENANCE 49
6.5 FAN-POWERED VAV SYSTEM 50
6.5.1 FAN-POWERED SERIES VAV SYSTEM 50
6.5.1.1 This type of VAV system is suitable for use in areas where constant CFM needs to be maintained 50
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6.5.2 PARALLEL FAN-POWERED VAV SYSTEM 50
6.5.2.1 Parallel fan-powered VAV system functions at constant as well as variable temperature modes 50

7 VAV SYSTEM MARKET, BY APPLICATION 52
7.1 INTRODUCTION 53
7.2 COMMERCIAL BUILDING 54
7.2.1 OFFICES 54
7.2.1.1 The type of VAV system used in office buildings varies
according to the size of the building 54
7.2.2 WAREHOUSE 55
7.2.2.1 Roof top single zone or single-duct VAV systems are
used commonly in warehouses 55
7.2.3 HOSPITALITY 55
7.2.3.1 VAV system is used mainly for energy conservation depending
on the occupancy level at a given point of time in hotels 55
7.2.4 RETAIL 55
7.2.4.1 Packaged roof top single zone or single-duct VAV systems
are widely used in the retail sector 55
7.2.5 OTHERS 56
7.3 INDUSTRIAL BUILDINGS 57
7.3.1 THE ENERGY-EFFICIENT AND COST-EFFECTIVE NATURE OF THE VAV SYSTEM IS USEFUL IN INDUSTRIAL BUILDINGS 57
7.4 RESIDENTIAL BUILDING 58
7.4.1 MEA IS A PROMISING MARKET IN THE RESIDENTIAL BUILDING SEGMENT 58

8 VAV SYSTEM MARKET, BY REGION 60
8.1 INTRODUCTION 61
8.2 NORTH AMERICA 64
8.2.1 US 66
8.2.1.1 Industrial growth is driving the installation of VAV system 66
8.2.2 CANADA 67
8.2.2.1 The growing immigration rate is driving the VAV system installation in residential, commercial, and industrial buildings 67
8.2.3 MEXICO 68
8.2.3.1 Government initiatives to develop manufacturing industries are driving the market 68
8.3 MIDDLE EAST & AFRICA (MEA) 69
8.3.1 UAE 71
8.3.1.1 Growing building & construction is industry driving the installations of VAV system 71
8.3.2 SAUDI ARABIA 72
8.3.2.1 Government initiatives for the growth of the industrial sector are supporting the market growth 72
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8.3.3 NIGERIA 73
8.3.3.1 The recovery of the economy and the growing construction industry are the key governing factors for the market 73
8.3.4 REST OF MEA 73
8.4 APAC 74
8.4.1 CHINA 77
8.4.1.1 Increasing demand for HVAC systems is likely to fuel the market 77
8.4.2 INDIA 78
8.4.2.1 Growing construction industry and smart city projects are expected to drive the market 78
8.4.3 JAPAN 79
8.4.3.1 Reconstruction activities and further economic growth are likely to provide opportunities for market growth 79
8.4.4 SOUTH KOREA 81
8.4.4.1 Upcoming Green city projects and the changing climatic conditions are expected to drive the demand for VAV system 81
8.4.5 INDONESIA 82
8.4.5.1 Growing infrastructural development and upcoming smart city projects are boosting the market 82
8.4.6 REST OF APAC 83
8.5 SOUTH AMERICA 84
8.5.1 BRAZIL 86
8.5.1.1 Recovery in construction activities is driving the installation of VAV systems 86
8.5.2 ARGENTINA 87
8.5.2.1 The expected rebound of the construction industry in the country will be helpful for market 87
8.5.3 REST OF SOUTH AMERICA 88
8.6 EUROPE 88
8.6.1 WESTERN EUROPE 91
8.6.1.1 GERMANY 91
8.6.1.1.1 The increasing awareness regarding energy consumption is likely to drive the market 91
8.6.1.2 UK 93
8.6.1.2.1 The growth in construction of commercial buildings is propelling the market 93
8.6.1.3 FRANCE 94
8.6.1.3.1 Growing construction activities and rising awareness regarding energy efficiency are likely to influence the market positively 94
8.6.1.4 REST OF WESTERN EUROPE 95
8.6.2 CENTRAL & EASTERN EUROPE 96
8.6.2.1 RUSSIA 96
8.6.2.1.1 Increase in the construction activities in the country is driving the market 96
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8.6.2.2 TURKEY 97
8.6.2.2.1 Growing awareness regarding energy consumption and an increasing number of commercial buildings are expected to drive the market 97
8.6.2.3 REST OF CENTRAL & EASTERN EUROPE 98

9 COMPETITIVE LANDSCAPE 100
9.1 OVERVIEW 100
9.2 MARKET RANKING ANALYSIS 102
9.3 COMPETITIVE SCENARIO 103
9.3.1 EXPANSION 103
9.3.2 ACQUISITION 103
9.3.3 AGREEMENT & JOINT VENTURE 104
9.3.4 NEW PRODUCT LAUNCH 104
10 COMPANY PROFILES 105
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
10.1 JOHNSON CONTROLS 105
10.2 INGERSOLL RAND PLC 108
10.3 DAIKIN INDUSTRIES, LTD. 111
10.4 UNITED TECHNOLOGIES CORPORATION 113
10.5 EMERSON ELECTRIC CO. 116
10.6 HONEYWELL INTERNATIONAL INC. 119
10.7 SIEMENS 122
10.8 TROX GMBH 125
10.9 KMC CONTROLS 127
10.10 BARCOL-AIR 129
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
10.11 OTHER COMPANY PROFILES 130
10.11.1 SCHNEIDER ELECTRIC 130
10.11.2 SYSTEMAIR AB 130
10.11.3 KAD AIRCONDITIONING 130
10.11.4 METAL INDUSTRIES INC. 130
10.11.5 SPECTRUM INDUSTRIES 130
10.11.6 DYNACRAFT AIR CONTROLS 131
10.11.7 HALTON GROUP 131
10.11.8 ADVANCED AIR LIMITED 131
10.11.9 WATERLOO AIR PRODUCTS PLC 131
10.11.10 AIR MASTER EQUIPMENTS EMIRATES L.L.C. 131
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11 APPENDIX 132
11.1 INSIGHTS FROM INDUSTRY EXPERTS 132
11.2 DISCUSSION GUIDE 133
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 138
11.4 AVAILABLE CUSTOMIZATIONS 140
11.5 RELATED REPORTS 140
11.6 AUTHOR DETAILS 141



List of Figures



FIGURE 1 VAV SYSTEM MARKET SEGMENTATION 17
FIGURE 2 VAV SYSTEM MARKET: RESEARCH DESIGN 20
FIGURE 3 VAV SYSTEM MARKET: TOP-DOWN APPROACH 23
FIGURE 4 VAV SYSTEM MARKET: BOTTOM-UP APPROACH 24
FIGURE 5 SINGLE-DUCT VAV TO BE THE LARGEST TYPE OF VAV SYSTEM 27
FIGURE 6 COMMERCIAL BUILDING TO BE THE LARGEST APPLICATION OF VAV SYSTEM 27
FIGURE 7 NORTH AMERICA ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2018 28
FIGURE 8 INCREASING INVESTMENTS IN EMERGING COUNTRIES OF APAC TO DRIVE THE GLOBAL MARKET 29
FIGURE 9 SINGLE-DUCT VAV TO LEAD THE MARKET, 2019–2024 29
FIGURE 10 COMMERCIAL BUILDING AND NORTH AMERICA ACCOUNTED FOR THE LARGEST MARKET SHARE 30
FIGURE 11 UAE TO REGISTER THE HIGHEST CAGR IN THE MARKET 30
FIGURE 12 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE VAV SYSTEM MARKET 31
FIGURE 13 HIGH THREAT OF SUBSTITUTES OWING TO A LARGE NUMBER OF ALTERNATIVE PRODUCTS IN THE VAV SYSTEM MARKET 34
FIGURE 14 VAV SYSTEM MARKET: SUPPLY CHAIN ANALYSIS 40
FIGURE 15 SALES CHANNEL BREAKUP 41
FIGURE 16 VAV SYSTEM MARKET: COMPONENT COST BREAKUP 42
FIGURE 17 VAV SYSTEM MARKET: NEW CONSTRUCTION VS RETROFIT 43
FIGURE 18 SINGLE-DUCT VAV SYSTEM TO BE THE FASTEST- GROWING SEGMENT OF THE MARKET 45
FIGURE 19 NORTH AMERICA TO BE THE LARGEST MARKET FOR SINGLE-DUCT VAV SYSTEM 47
FIGURE 20 NORTH AMERICA TO BE THE LARGEST MARKET FOR DUAL-DUCT VAV SYSTEM 48
FIGURE 21 NORTH AMERICA TO BE THE LARGEST MARKET FOR INDUCTION VAV SYSTEM 49
FIGURE 22 NORTH AMERICA TO BE THE LARGEST MARKET FOR FAN-POWERED VAV SYSTEM 51
FIGURE 23 COMMERCIAL BUILDING TO BE THE FASTEST-GROWING APPLICATION OF VAV SYSTEM 53
FIGURE 24 COMMERCIAL BUILDINGS TO BE THE LARGEST APPLICATION OF VAV SYSTEM IN NORTH AMERICA 56
FIGURE 25 INDUSTRIAL BUILDING TO BE THE LARGEST APPLICATION OF VAV SYSTEM IN NORTH AMERICA 57
FIGURE 26 RESIDENTIAL BUILDING TO BE THE LARGEST APPLICATION OF VAV SYSTEM IN NORTH AMERICA 58
FIGURE 27 INDIA AND THE UAE TO LEAD THE MARKET 61
FIGURE 28 NORTH AMERICA: VAV SYSTEM MARKET SNAPSHOT 64
FIGURE 29 MEA: VAV SYSTEM MARKET SNAPSHOT 69
FIGURE 30 APAC: VAV SYSTEM MARKET SNAPSHOT 75
FIGURE 31 SOUTH AMERICA: VAV SYSTEM MARKET SNAPSHOT 84
FIGURE 32 EUROPE: VAV SYSTEM MARKET SNAPSHOT 89
FIGURE 33 COMPANIES PRIMARILY ADOPTED EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2014 AND 2019 101
FIGURE 34 MARKET RANKING OF KEY PLAYERS, 2018 102
FIGURE 35 JOHNSON CONTROLS: COMPANY SNAPSHOT 105
FIGURE 36 JOHNSON CONTROLS: SWOT ANALYSIS 107
FIGURE 37 INGERSOLL RAND PLC: COMPANY SNAPSHOT 108
FIGURE 38 INGERSOLL RAND PLC: SWOT ANALYSIS 110
FIGURE 39 DAIKIN INDUSTRIES: COMPANY SNAPSHOT 111
FIGURE 40 UNITED TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT 113
FIGURE 41 UNITED TECHNOLOGIES CORPORATION: SWOT ANALYSIS 115
FIGURE 42 EMERSON ELECTRIC: COMPANY SNAPSHOT 116
FIGURE 43 EMERSON ELECTRIC: SWOT ANALYSIS 117
FIGURE 44 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 119
FIGURE 45 HONEYWELL INTERNATIONAL: SWOT ANALYSIS 121
FIGURE 46 SIEMENS: COMPANY SNAPSHOT 122
FIGURE 47 SIEMENS: SWOT ANALYSIS 124

 

List of Tables



TABLE 1 TRENDS AND FORECAST OF GDP AT COUNTRY LEVEL, USD BILLION (2018–2024) 37
TABLE 2 COUNTRIES ENGAGING IN MORE THAN 60% GREEN PROJECTS (2018 AND 2021) 38
TABLE 3 VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 46
TABLE 4 SINGLE-DUCT VAV SYSTEM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 47
TABLE 5 DUAL-DUCT VAV SYSTEM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 48
TABLE 6 INDUCTION VAV SYSTEM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 50
TABLE 7 FAN-POWERED VAV SYSTEM MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 51
TABLE 8 VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 53
TABLE 9 VAV SYSTEM MARKET IN COMMERCIAL BUILDING APPLICATION 2017–2024 (USD MILLION) 54
TABLE 10 VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION, BY REGION, 2017–2024 (USD MILLION) 56
TABLE 11 VAV SYSTEM MARKET SIZE IN INDUSTRIAL BUILDING APPLICATION, BY REGION, 2017–2024 (USD MILLION 57
TABLE 12 VAV SYSTEM MARKET SIZE IN RESIDENTIAL BUILDING APPLICATION, BY REGION, 2017–2024 (USD MILLION) 58
TABLE 13 VAV SYSTEM MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 62
TABLE 14 VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 62
TABLE 15 VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE, 2017–2024 (USD MILLION) 62
TABLE 16 VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 63
TABLE 17 VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION 2017–2024 (USD MILLION) 63
TABLE 18 NORTH AMERICA: VAV SYSTEM MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 65
TABLE 19 NORTH AMERICA: VAV SYSTEM MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 65
TABLE 20 NORTH AMERICA: VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE 2017–2024 (USD MILLION) 65
TABLE 21 NORTH AMERICA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 65
TABLE 22 NORTH AMERICA: VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION, 2017–2024 (USD MILLION) 66
TABLE 23 US: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 66
TABLE 24 US: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 66
TABLE 25 CANADA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 67
TABLE 26 CANADA: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 67
TABLE 27 MEXICO: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 68
TABLE 28 MEXICO: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 68
TABLE 29 MEA: VAV SYSTEM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 70
TABLE 30 MEA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 70
TABLE 31 MEA: VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE 2017–2024 (USD MILLION) 70
TABLE 32 MEA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 70
TABLE 33 MEA: VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDINGS APPLICATION, 2017–2024 (USD MILLION) 71
TABLE 34 UAE: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 71
TABLE 35 UAE: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 71
TABLE 36 SAUDI ARABIA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 72
TABLE 37 SAUDI ARABIA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 72
TABLE 38 NIGERIA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 73
TABLE 39 NIGERIA: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 73
TABLE 40 REST OF MEA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 74
TABLE 41 REST OF MEA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 74
TABLE 42 APAC: VAV SYSTEM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 75
TABLE 43 APAC: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 76
TABLE 44 APAC: VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE 2017–2024 (USD MILLION) 76
TABLE 45 APAC: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 76
TABLE 46 APAC: VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION 2017–2024 (USD MILLION) 77
TABLE 47 CHINA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 78
TABLE 48 CHINA: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 78
TABLE 49 INDIA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 79
TABLE 50 INDIA: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 79
TABLE 51 JAPAN: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 80
TABLE 52 JAPAN: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 80
TABLE 53 SOUTH KOREA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 81
TABLE 54 SOUTH KOREA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 81
TABLE 55 INDONESIA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 82
TABLE 56 INDONESIA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 82
TABLE 57 REST OF APAC: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 83
TABLE 58 REST OF APAC: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 83
TABLE 59 SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 85
TABLE 60 SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 85
TABLE 61 SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE 2017–2024 (USD MILLION) 85
TABLE 62 SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 85
TABLE 63 SOUTH AMERICA: VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION, 2017–2024 (USD MILLION) 86
TABLE 64 BRAZIL: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 86
TABLE 65 BRAZIL: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 86
TABLE 66 ARGENTINA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 87
TABLE 67 ARGENTINA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 87
TABLE 68 REST OF SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 88
TABLE 69 REST OF SOUTH AMERICA: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 88
TABLE 70 EUROPE: VAV SYSTEM MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 90
TABLE 71 EUROPE: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 90
TABLE 72 EUROPE: VAV SYSTEM MARKET SIZE, BY FAN-POWERED TYPE 2017–2024 (USD MILLION) 90
TABLE 73 EUROPE: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 91
TABLE 74 EUROPE: VAV SYSTEM MARKET SIZE IN COMMERCIAL BUILDING APPLICATION, 2017–2024 (USD MILLION) 91
TABLE 75 GERMANY: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 92
TABLE 76 GERMANY: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 92
TABLE 77 UK: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 93
TABLE 78 UK: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 94
TABLE 79 FRANCE: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 95
TABLE 80 FRANCE: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 95
TABLE 81 REST OF WESTERN EUROPE: VAV SYSTEM MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 95
TABLE 82 REST OF WESTERN EUROPE: VAV SYSTEM MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 96
TABLE 83 RUSSIA: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 97
TABLE 84 RUSSIA: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 97
TABLE 85 TURKEY: VAV SYSTEM MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 98
TABLE 86 TURKEY: VAV SYSTEM MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 98
TABLE 87 REST OF CENTRAL & EASTERN EUROPE: VAV SYSTEM MARKET SIZE BY TYPE, 2017–2024 (USD MILLION) 98
TABLE 88 REST OF CENTRAL & EASTERN EUROPE: VAV SYSTEM MARKET SIZE BY APPLICATION, 2017–2024 (USD MILLION) 99
TABLE 89 EXPANSION, 2014–2019 103
TABLE 90 ACQUISITION, 2014–2019 103
TABLE 91 AGREEMENT & JOINT VENTURE, 2014–2019 104
TABLE 92 NEW PRODUCT LAUNCH, 2014–2019 104