U.S. HVAC Equipment Market 2018 - Leading Players and Market Analysis

1
US HVAC Equipment Market 2018 - 2023

• The US HVAC Equipment Market is expected to reach
  93.095 billion by 2023.

2
Growing Demand For HVAC Equipment In
Manufacturing Sector Drives The US HVAC Equipment
Market

• The manufacturing of pharmaceutical products
  should be cleaned and air conditioned to prevent
  airborne contamination which is specified by
  international standards. Hence, HVAC Equipment is
  needed for this sector. The manufacturing
  industry has certain regulations to be followed.
  The HVAC system increases the productivity with
  less delays and higher efficiency.
• The manufacturing sector for the US HVAC
  Equipment Market is expected to reach 877.7
  million at a CAGR of 7.7.
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3
Selected Market Share Analysis done in the
full report

• In the energy generation sector, the growing
  demand for energy drives the requirement for
  larger base load power plants. The new plants are
  efficient and reduce the cost of energy. The
  co-dependency of the HVAC systems has resulted in
  greater savings, in terms of electric rates. The
  US Department of Energy Plus Program used a model
  of the HVAC system in the power plant. This
  resulted in a reduction in the power demand of
  the home HVAC system by 21.7.
• This amount of energy saved per year can be
  around 87,600 kWh and will give average cost
  savings of 10,512 per year.

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4
Excerpts Market Growth Factors Mentioned in the
Full Report

• Growing population and the strong demand for HFC
  refrigerants drive the growth of the home HVAC
  during the forecast period.
• High consumer spending in the United States has
  driven the demand for HVAC USA across the
  residential spaces in the US. It has also
  impacted the growth of automobiles.
• Growing demand for HVAC in the air conditioning
  unit of the passenger cars enhances the growth of
  HVAC USA.
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5
Key players of US HVAC Equipment Market

• Daikin industries is the key player in US HVAC
  Equipment Marketv. It has remained as the
  dominant company with many product launches and
  developments. It produces air conditioners and
  systems for consumers. The next leading players
  are United Technologies(Carrier) and Mitsubishi
  Electric. United Technologies manufactures air
  conditioners, boilers, ductless systems,
  evaporator coils, fan coils, gas furnaces, etc.
  Mitsubishi Electric produces home appliances such
  as air conditioning systems, home equipment, and
  bulbs. It also produces energy and electric
  systems such as generators, circuit breakers, and
  building system appliances.

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7
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