Market Overview:
The global zoned HVAC system market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient solutions and the growing awareness about the benefits of zoned HVAC systems among consumers. The duct zoning systems segment is expected to account for the largest share of the global zoned HVAC system market in 2018, followed by smart vents and others. The duct zoning systems segment is projected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030, owing to their ability to provide zone-specific cooling and heating solutions that help save energy and reduce operating costs.
Product Definition:
Zoned heating and cooling systems use multiple thermostats to control the temperature in specific areas or zones of a building. This allows homeowners to heat or cool only those spaces that are used most often, saving energy and money.
Duct Zoning Systems:
Duct zoning systems are used to control the air flow in ducts. It is a system of zones that controls the amount of air entering different parts of a building. The main purpose is to protect walls, ceilings and floors from excessive moisture, dust and particles along with controlling temperature in different parts of a building at different times.
The global duct zoning systems market size was valued at USD 1,849 million in 2016.
Smart Vents:
Smart vents are intelligent air handling units that can be controlled by remote control or smartphone application. They are used in HVAC systems to regulate temperature and humidity levels in a building. It helps maintain the indoor air quality which is very essential for human health.
The smart vent system works on the principle of heat tracing; it identifies the area where warm or hot air is being generated.
Application Insights:
Single houses application segment led the global zoned HVAC system market and accounted for more than 50.0% share of the total revenue in 2017. The segment is projected to witness significant growth over the forecast period on account of increasing demand for single-family housing structures as an alternative to multi-family residential buildings. In addition, growing urbanization in emerging economies such as India, China and Brazil is expected to promote product demand over the forecast period.
Apartments & condominiums are anticipated to be one of fastest growing application segments owing to rising disposable income levels among consumers coupled with a rise in infrastructural development across key markets including North America and Europe. In addition, government initiatives promoting energy efficiency among residential buildings are likely to augment industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding energy conservation and sustainable development, growing real estate sector, and government initiatives for infrastructure development. For instance, in India, Ministry of Housing & Urban Affairs (MoHUA) has launched ‘Housing for All by 2022’ initiative with an aim to provide affordable housing facilities for all citizens. Under this initiative, various schemes have been implemented in order to develop social infrastructure such as houses for all or house construction loan scheme by National Housing Bank (NHB). These initiatives are expected to increase demand across Asia Pacific region during the forecast period.
The Middle East & Africa is also likely witness significant growth over the next eight years owing their huge investments in infrastructural development such as airports and sports complexes; however, these projects require HVAC systems installation too which will boost industry size further during the estimated time frame.
Growth Factors:
- Increasing demand for energy-efficient systems: The global market for zoned HVAC systems is expected to grow at a CAGR of more than 7% from 2016 to 2024, owing to the increasing demand for energy-efficient systems across the world.
- Rising awareness about the benefits of zoned heating and cooling: There is a growing awareness among consumers about the benefits of zoned heating and cooling, which is driving the growth of this market.
- Growing popularity of smart homes: The popularity of smart homes is another major factor that is driving the growth of this market. Smart home technologies are integrated with zoned HVAC systems, which helps in optimizing energy consumption and improving comfort levels indoors.
- Technological advancements: The advent of new technologies such as variable refrigerant flow (VRF) technology has revolutionized the way zoned HVAC systems operate, thus boosting their adoption rates worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Zoned HVAC System Market Research Report
By Type
Duct Zoning Systems, Smart Vents, Others
By Application
Single Houses, Apartments & Condos
By Companies
United Technologies Corporation, Trane Technologies, Lennox International, Rheem Manufacturing Company, Johnson Controls, Daikin Industries, Honeywell, Melrose Industries, Climate Master, Zonex Systems, Aprilaire, Robertshaw, Arzel Zoning Technology, Zonefirst, Keen Home, National Environmental Products
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Zoned HVAC System Market Report Segments:
The global Zoned HVAC System market is segmented on the basis of:
Types
Duct Zoning Systems, Smart Vents, Others
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
Single Houses, Apartments & Condos
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:
- United Technologies Corporation
- Trane Technologies
- Lennox International
- Rheem Manufacturing Company
- Johnson Controls
- Daikin Industries
- Honeywell
- Melrose Industries
- Climate Master
- Zonex Systems
- Aprilaire
- Robertshaw
- Arzel Zoning Technology
- Zonefirst
- Keen Home
- National Environmental Products
Highlights of The Zoned HVAC System 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:
- Duct Zoning Systems
- Smart Vents
- Others
- By Application:
- Single Houses
- Apartments & Condos
- 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 Zoned HVAC System 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
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- 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?
A zoning system is a way to classify the climate in an area. The different zones are based on how much heat or air conditioning is needed.
Some of the major companies in the zoned hvac system market are United Technologies Corporation, Trane Technologies, Lennox International, Rheem Manufacturing Company, Johnson Controls, Daikin Industries, Honeywell, Melrose Industries, Climate Master, Zonex Systems, Aprilaire, Robertshaw, Arzel Zoning Technology, Zonefirst, Keen Home, National Environmental Products.
The zoned hvac system market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zoned HVAC System 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 Zoned HVAC System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zoned HVAC System 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 Zoned HVAC System 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 Zoned HVAC System Market Size & Forecast, 2020-2028
4.5.1 Zoned HVAC System Market Size and Y-o-Y Growth
4.5.2 Zoned HVAC System Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Duct Zoning Systems
5.2.2 Smart Vents
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Single Houses
6.2.2 Apartments & Condos
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zoned HVAC System 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 Zoned HVAC System 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Duct Zoning Systems
9.6.2 Smart Vents
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Single Houses
9.10.2 Apartments & Condos
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Duct Zoning Systems
10.6.2 Smart Vents
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Single Houses
10.10.2 Apartments & Condos
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Duct Zoning Systems
11.6.2 Smart Vents
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Single Houses
11.10.2 Apartments & Condos
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Duct Zoning Systems
12.6.2 Smart Vents
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Single Houses
12.10.2 Apartments & Condos
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Duct Zoning Systems
13.6.2 Smart Vents
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Single Houses
13.10.2 Apartments & Condos
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 Zoned HVAC System Market: Competitive Dashboard
14.2 Global Zoned HVAC System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 United Technologies Corporation
14.3.2 Trane Technologies
14.3.3 Lennox International
14.3.4 Rheem Manufacturing Company
14.3.5 Johnson Controls
14.3.6 Daikin Industries
14.3.7 Honeywell
14.3.8 Melrose Industries
14.3.9 Climate Master
14.3.10 Zonex Systems
14.3.11 Aprilaire
14.3.12 Robertshaw
14.3.13 Arzel Zoning Technology
14.3.14 Zonefirst
14.3.15 Keen Home
14.3.16 National Environmental Products
