The HVAC control systems market is projected to grow at a CAGR of 7.20% to reach US$10.952 billion by 2022, from the current market size of US$7.736 billion in 2017. The report comprehensively analyzes the HVAC Control Systems industry over the next 5 years. The research study outlines various factors driving and restraining the market, opportunities that exist in the current economic scenario, Porter's five forces analysis, industry value chain structure, supplier, and industry outlook during the forecast period.
Market Dynamics
This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities that exist in the current market. This section of the report also provides supplier and industry outlook; key industry and regional regulations which are determining the product specifications and a brief technological aspect of HVAC Control Systems. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
| Report Metric | Details |
| Market size value in 2017 | US$7.736 billion |
| Market size value in 2022 | US$10.952 billion |
| Growth Rate | CAGR of 7.20% during the forecast period |
| Base year | 2017 |
| Forecast period | 2019–2024 |
| Forecast Unit (Value) | USD Billion |
| Segments covered | Control System Type, Components, Application, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | Control Products Corporation, Digital Air Control, Inc., Amcon Controls Inc., Airedale International Air Conditioning, Daikin Applied, Fujitsu, Mitsubishi Electric, Comfort Systems USA, List is not exhaustive* |
| Customization scope | Free report customization with purchase |
Segmentation
HVAC Control Systems market has been segments as below:
By control system type
Direct Acting Systems
Electric / Electronic Systems
Pneumatic Systems
Others
By components
Sensors
Digital
Analog
Controllers
Temperature
Enthalpy
Humidity
Others
Controlled devices
Control Valves
Heating and Cooling Coils
Actuators
Pumps
Others
Energy Source
By application
Residential Buildings
Industrial Buildings
Commercial Buildings
By geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
Market Players
Key industry players profiled as part of the report are:
Control Products Corporation
Digital Air Control, Inc.
Amcon Controls Inc.
Airedale International Air Conditioning
Daikin Applied
Fujitsu
Mitsubishi Electric
Comfort Systems USA
List is not exhaustive*
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