Market Overview:
The global HAVC coils market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient cooling systems and rising awareness about energy conservation. In addition, the growing construction and automotive industries are also expected to drive the demand for HAVC coils in the coming years. The evaporator coils segment is projected to grow at a CAGR of 6.0% from 2018 to 2030, while the condenser coils segment is projected to grow at a CAGR of 4.8%.
Product Definition:
The coils are an important part of the HVAC system. They help to move the air and keep your home comfortable.
Evaporator Coils:
The evaporator coils are used in heat exchangers to remove water from the feed stream. The steam produced is then utilized in various applications such as power plants, desalination facilities, and for heating purposes. Evaporator coils are made up of different components namely; tubes, sheets or matrices, vanes or blades and seals among others.
Condenser Coils:
Condenser coils are used in HVAC applications to remove the heat from a refrigerant. In HVAC systems, the coil is used as an evaporator or condenser and is installed inside an air handling unit. The heat removal process takes place when a refrigerant moves from a warm surface to its destination cool place via convection or conduction.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017. The growing demand for HAVC technology owing to its ability to produce higher quality and quantity of air is expected to drive the growth of this segment over the forecast period. In addition, factors such as increasing investments by foreign companies in China, India, Thailand and South Korea are likely to boost product demand from 2030 onward.
The residential application segment is expected register a significant CAGR during the forecast period on account of rising awareness about energy conservation among consumers across various regions globally including North America, Europe and Asia Pacific. Furthermore, government initiatives such as ¢â‚¬Å“HVAC Replacement Program¢â‚¬ offered by manufacturers are anticipated to increase product penetration in new housing construction projects across major economies globally including U.S., Canada Germany France Italy Japan China etc.
Regional Analysis:
North America dominated the global HAVC market in 2017 owing to the presence of a large number of manufacturers and end-users. The region is expected to maintain its dominance over the forecast period as well due to technological advancements, growing demand for air conditioning, and increasing adoption of HVAC systems in commercial buildings. Europe accounted for a significant share in terms of revenue due to high product penetration rates coupled with rising awareness regarding energy efficiency among consumers.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid urbanization, increasing population, changing lifestyle patterns leading an increase in consumer spending on household cooling equipment & solutions such as air conditioning units & systems. Furthermore, government initiatives encouraging energy conservation are anticipated favorably impact regional growth trends over the next eight years. China was one among few countries that had witnessed an outbreak during July 2016; however it has since recovered from this event (WHO).
Growth Factors:
- Increasing demand for energy-efficient cooling systems in residential and commercial buildings
- Rising popularity of VRF (variable refrigerant flow) systems
- Proliferation of smart buildings and the Internet of Things (IoT)
- Growing demand for HVAC coils in emerging markets such as India and China
- Technological advancements that improve the performance and efficiency of HVAC coils
Scope Of The Report
Report Attributes
Report Details
Report Title
HAVC Coils Market Research Report
By Type
Evaporator Coils, Condenser Coils
By Application
Residential, Commercial, Industrial
By Companies
Capital, Commercial Coils, DHT, Greenheck, Hastings, Lennoxpros, YehJeh, Precision Coils, Trane, Marlocoil, Capital, Coilmaster, Cooney Technologies, York
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global HAVC Coils Market Report Segments:
The global HAVC Coils market is segmented on the basis of:
Types
Evaporator Coils, Condenser Coils
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Capital
- Commercial Coils
- DHT
- Greenheck
- Hastings
- Lennoxpros
- YehJeh
- Precision Coils
- Trane
- Marlocoil
- Capital
- Coilmaster
- Cooney Technologies
- York
Highlights of The HAVC Coils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Evaporator Coils
- Condenser Coils
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HAVC Coils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HAVC coils are high-voltage coils that can be used to produce a large amount of energy. They are often used in electric vehicles and other electrical equipment.
Some of the major players in the havc coils market are Capital, Commercial Coils, DHT, Greenheck, Hastings, Lennoxpros, YehJeh, Precision Coils, Trane, Marlocoil, Capital, Coilmaster, Cooney Technologies, York.
The havc coils market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HAVC Coils Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HAVC Coils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HAVC Coils Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HAVC Coils Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HAVC Coils Market Size & Forecast, 2018-2028
4.5.1 HAVC Coils Market Size and Y-o-Y Growth
4.5.2 HAVC Coils Market Absolute $ Opportunity
Chapter 5 Global HAVC Coils Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 HAVC Coils Market Size Forecast by Type
5.2.1 Evaporator Coils
5.2.2 Condenser Coils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HAVC Coils Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 HAVC Coils Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HAVC Coils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HAVC Coils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America HAVC Coils Analysis and Forecast
9.1 Introduction
9.2 North America HAVC Coils Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America HAVC Coils Market Size Forecast by Type
9.6.1 Evaporator Coils
9.6.2 Condenser Coils
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America HAVC Coils Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe HAVC Coils Analysis and Forecast
10.1 Introduction
10.2 Europe HAVC Coils Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe HAVC Coils Market Size Forecast by Type
10.6.1 Evaporator Coils
10.6.2 Condenser Coils
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe HAVC Coils Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific HAVC Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HAVC Coils Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific HAVC Coils Market Size Forecast by Type
11.6.1 Evaporator Coils
11.6.2 Condenser Coils
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific HAVC Coils Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America HAVC Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America HAVC Coils Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America HAVC Coils Market Size Forecast by Type
12.6.1 Evaporator Coils
12.6.2 Condenser Coils
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America HAVC Coils Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) HAVC Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HAVC Coils Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) HAVC Coils Market Size Forecast by Type
13.6.1 Evaporator Coils
13.6.2 Condenser Coils
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) HAVC Coils Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HAVC Coils Market: Competitive Dashboard
14.2 Global HAVC Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capital
14.3.2 Commercial Coils
14.3.3 DHT
14.3.4 Greenheck
14.3.5 Hastings
14.3.6 Lennoxpros
14.3.7 YehJeh
14.3.8 Precision Coils
14.3.9 Trane
14.3.10 Marlocoil
14.3.11 Capital
14.3.12 Coilmaster
14.3.13 Cooney Technologies
14.3.14 York
