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Global and US HVAC Market to Grow due to Promising Technological Advancements in Controls and Compressors

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Published on : Jul 19, 2016

ALBANY, New York, July 19, 2016: ResearchMoz.us has added a new report, titled “Global and US HVAC (Heating, Ventilation and Air Conditioning) Market Research Report, 2016-2017,” to its offering. This study presents a detailed understanding of the state of the heating, ventilation, and air conditioning (HVAC) market globally and in the U.S. The report comprises industry-validated comprehensive information and thoughtful insights into the market. The current size of this market and its predicted growth by the end of the forecast horizon have also been presented through this study. In addition, the threats encountered by the major vendors operating in the market and the dynamics impacting the development of this market are also presented. 

As stated in the report, owing to the consistent prices and a number of upcoming technological advancement in controls and compressors, the U.S. HVAC industry has been recovering gradually. The report starts by presenting information on the key residential cooling and commercial cooling applications. Moving further, an overview of the commercial HVAC and residential HVAC markets has been presented. Amongst these, the residential HVAC market has been studied on the basis of its market size, near term outlook, and replacement demand. 

The U.S HVAC market is predicted to rise 11% in 2016, followed by a growth of 5% in 2017. As per the report, the HVAC market will encounter a promising growth opportunity in the residential segment due to the low rate of employment and the increasing consumer confidence. The report further throws light on the long-term outlook of the global and US residential HVAC market. Moving further, the commercial HVAC market has been evaluated on the basis of construction trend, order and revenue trend, and market landscape.

Click here to get more info with TOC in a PDF Format: https://www.researchmoz.us/enquiry.php?type=S&repid=744227

In the next part of the report, the ductless HVAC products market in North America has been evaluated. This section comprises the competitive landscape and industry consolidation outlook of the ductless HVAC market in North America. The ductless technology is poised to maintain its superiority in the global and U.S. HVAC market in the coming years. On the other hand, the inverter technology is also expected to gain demand in the global and U.S. HVAC market. Currently, inverter compressors are majorly employed in high-end systems within the HVAC market, however, a number of players are taking steps to utilize this technology within more mainstream systems. 

In the competitive landscape section, the report states that Lennox will continue to make investments in both the commercial and residential HVAC markets. On the other hand, companies such as York as well as some smaller players operating in the HVAC market are predicted to lose some of their share in the residential HVAC market. 

At the end of the report, key highlights have also been provided on the sub-markets such as motors, refrigerants, thermostats, and compressors markets. 

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