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

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


The U.S. HVAC Equipment market is estimated to surpass $16,222million market by 2022, growing at CAGR 6.8% during the forecast period 2018-2024, majorly driven by increasing energy efficiency and cost effectiveness, higher spending capacities in automobile sector among others. The overall market are broadly segmented into heating, cooling as well as ventilation equipment. – PowerPoint PPT presentation

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

US HVAC Equipment Market 2018 - 2023
  • The US HVAC Equipment Market is expected to reach
    93.095 billion by 2023.

Growing Demand For HVAC Equipment In
Manufacturing Sector Drives The US HVAC Equipment
  • 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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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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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
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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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Key Contacts
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About IndustryARC
  • IndustryARC is a research and consulting firm
    that publishes more than 500 reports annually in
    various industries, such as Agriculture,
    Automotive, Automation Instrumentation,
    Chemicals and Materials, Energy and Power,
    Electronics, Food Beverages, Information
    Technology, Life sciences Healthcare.
  • IndustryARC primarily focuses on Cutting Edge
    Technologies and Newer Applications of the
    Market. Our Custom Research Services are designed
    to provide insights on the constant flux in the
    global demand-supply gap of markets. Our strong
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    research needs at a very quick speed with a
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