Market Overview:
The global HAVC Controls market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and comfortable buildings, rising awareness about air quality, and growing demand for HAVC controls in transportation & logistics applications. The temperature segment is expected to account for the largest share of the global HAVC Controls market in 2018, followed by humidity, pressure, air quality, and others segments. The residential application segment is expected to account for the largest share of the global HAVC Controls market in 2018, followed by industrial and transportation & logistics applications. North America is expected to account for the largest share of the global HAVC Controls market in 2018, followed by Europe Asia Pacific , Latin America , Middle East & Africa .
Product Definition:
HAVC Controls refers to the usage of various controls in order to manage and monitor the heating, ventilation, and air conditioning (HVAC) system. The importance of HAVC Controls is that it helps ensure proper functioning of the HVAC system, which in turn helps maintain a comfortable environment for occupants.
Temperature:
Temperature is a measure of the energy given out or absorbed by an object. The higher the temperature, the more heat will be given off or taken in. The most common ways to increase temperature are by burning things and using hot water, steam, or heat from a furnace to raise the temperature of liquids and gases.
Humidity:
Humidity is the amount of water vapor present in the air. It can be measured with a hygrometer or relative humidity meter. The two types of Relative Humidity meters are temperature sensitive and pressure sensitive. Pressure-sensitive reliables measure only the dew point, which is more commonly used as a standard for comparison to other systems; whereas temperature-sensitive reliables also provide information on dew points along with an accurate reading of actual moisture content in the air.
Application Insights:
Based on the application, the global HAVC controls market has been segmented into residential, industrial and transportation & logistics. The residential sector accounted for a major share in 2017 owing to rising awareness about energy-efficient products among consumers. Moreover, government initiatives such as ¢â‚¬Å“Save Energy And Money By Installing A Programmable Thermostat¢â‚¬ are expected to drive product demand over the forecast period.
The growing trend of home automation is also anticipated to contribute significantly towards product demand in the coming years. The introduction of smart devices that can control multiple appliances through Wi-Fi or Bluetooth is another significant development contributing towards industry growth. Other than this, technological advancements such as integration of artificial intelligence with thermostats are further expected to propel industry growth over the forecast period.
Regional Analysis:
North America HAVC market is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to increasing COVID-19 positive cases in the region, which has led to an increase in demand for HAVCs. In addition, rising awareness regarding personal and home safety is expected to drive the demand for these systems across North America.
The Asia Pacific HAVC market is projected to witness substantial growth over the forecast period owing to rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam among others are expected drive regional product demand over next eight years.
Europe was estimated as one of largest markets by revenue in 2017 owing its large construction industry coupled with stringent regulations laid down by governing bodies such as Health & Safety Executive (HSE), European Union (EU) etc.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly cooling systems
- Rising awareness about the benefits of using HAVC controls
- Growing construction and renovation activities across the globe
- Proliferation of smart buildings and homes that require advanced HAVC controls systems
- Technological advancements in HAVC control systems
Scope Of The Report
Report Attributes
Report Details
Report Title
HAVC Controls Market Research Report
By Type
Temperature, Humidity, Pressure, Air Quality, Others
By Application
Residential, Industrial, Transportation & Logistics
By Companies
Siemens AG, Schneider Electric, Johnson Controls, Honeywell International Inc., Sensata Technologies Inc., United Technologies Corporation, Ingersoll Rand, Emerson Electric, Sensirion AG
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global HAVC Controls Market Report Segments:
The global HAVC Controls market is segmented on the basis of:
Types
Temperature, Humidity, Pressure, Air Quality, 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
Residential, Industrial, Transportation & Logistics
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:
- Siemens AG
- Schneider Electric
- Johnson Controls
- Honeywell International Inc.
- Sensata Technologies Inc.
- United Technologies Corporation
- Ingersoll Rand
- Emerson Electric
- Sensirion AG
Highlights of The HAVC Controls 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:
- Temperature
- Humidity
- Pressure
- Air Quality
- Others
- By Application:
- Residential
- Industrial
- Transportation & Logistics
- 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 Controls 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 stands for High-Definition Multimedia Coding. HAVC is a video compression standard that allows for the transmission of high-quality video over broadband networks.
Some of the key players operating in the havc controls market are Siemens AG, Schneider Electric, Johnson Controls, Honeywell International Inc., Sensata Technologies Inc., United Technologies Corporation, Ingersoll Rand, Emerson Electric, Sensirion AG.
The havc controls market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HAVC Controls Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. HAVC Controls Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HAVC Controls Market - Supply Chain
4.5. Global HAVC Controls Market Forecast
4.5.1. HAVC Controls Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HAVC Controls Market Size (000 Units) and Y-o-Y Growth
4.5.3. HAVC Controls Market Absolute $ Opportunity
5. Global HAVC Controls Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. HAVC Controls Market Size and Volume Forecast by Type
5.3.1. Temperature
5.3.2. Humidity
5.3.3. Pressure
5.3.4. Air Quality
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HAVC Controls Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. HAVC Controls Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Transportation & Logistics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HAVC Controls Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. HAVC Controls Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global HAVC Controls Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. HAVC Controls Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global HAVC Controls Demand Share Forecast, 2019-2026
9. North America HAVC Controls Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America HAVC Controls Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America HAVC Controls Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Transportation & Logistics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HAVC Controls Market Size and Volume Forecast by Type
9.7.1. Temperature
9.7.2. Humidity
9.7.3. Pressure
9.7.4. Air Quality
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America HAVC Controls Demand Share Forecast, 2019-2026
10. Latin America HAVC Controls Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America HAVC Controls Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America HAVC Controls Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Transportation & Logistics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HAVC Controls Market Size and Volume Forecast by Type
10.7.1. Temperature
10.7.2. Humidity
10.7.3. Pressure
10.7.4. Air Quality
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America HAVC Controls Demand Share Forecast, 2019-2026
11. Europe HAVC Controls Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe HAVC Controls Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe HAVC Controls Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Transportation & Logistics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HAVC Controls Market Size and Volume Forecast by Type
11.7.1. Temperature
11.7.2. Humidity
11.7.3. Pressure
11.7.4. Air Quality
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe HAVC Controls Demand Share, 2019-2026
12. Asia Pacific HAVC Controls Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific HAVC Controls Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific HAVC Controls Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Transportation & Logistics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HAVC Controls Market Size and Volume Forecast by Type
12.7.1. Temperature
12.7.2. Humidity
12.7.3. Pressure
12.7.4. Air Quality
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific HAVC Controls Demand Share, 2019-2026
13. Middle East & Africa HAVC Controls Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa HAVC Controls Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa HAVC Controls Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Transportation & Logistics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HAVC Controls Market Size and Volume Forecast by Type
13.7.1. Temperature
13.7.2. Humidity
13.7.3. Pressure
13.7.4. Air Quality
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa HAVC Controls Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HAVC Controls Market: Market Share Analysis
14.2. HAVC Controls Distributors and Customers
14.3. HAVC Controls Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schneider Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell International Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sensata Technologies Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. United Technologies Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ingersoll Rand
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Emerson Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sensirion AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
