HVAC Centrifugal Compressors Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024
Category: #world  By Partha Ray  Date: 2019-01-28
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HVAC Centrifugal Compressors Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024

Global HVAC Centrifugal Compressors Market Forecast to 2025 released By Market Study Report provides Market information about industry Top Key Players, Countries, Type and Application. This HVAC Centrifugal Compressors report also states Company Profile, sales, HVAC Centrifugal Compressors Market revenue and price, market share, market growth and gross margin by regions, Strategic recommendations for the new entrants, Market forecasts for a minimum of five years of all the mentioned segments, sub segments and the regional markets.

 

HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report.

 

Consistently rising demand for chillers and heat pumps to keep buildings at ideal temperature, is a key factor driving HVAC centrifugal compressors market growth. Aspects such as technological advancements and increasing necessity for energy efficient systems to reduce overall cooling time are among key factors fueling industry penetration.

 

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Increasing commercialization, improving government finances and public funding in economies including India, Mexico, and South Africa will provide strong business outlook for HVAC centrifugal compressors industry. Rise in consumer purchasing power and economic growth in these countries expected to propel construction of new shopping malls and hotel chains over the forecast period.

 

Increasing adoption of cost effective measure to reduce global energy consumption and carbon footprint will trigger systems replacement demand. As per industry estimates, over 85% of U.S. buildings are air conditioned, therefore substitution of new systems with enhanced technology will support HVAC centrifugal systems market growth.

 

Depleting natural energy resources and the constant global warming challenge putting pressure on manufacturers to launch products that meet the international standards as well as contribute towards environmental sustainability. Companies are expected to invest in new product developments to comply with stringent energy standards implemented by the regulatory bodies.

 

Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are major application areas. Strategic government initiatives to promote economic cooling solutions, coupled with rising environmental concerns, will stimulate HVAC centrifugal systems penetration rate. Implementation of certification programmes such as Leadership in Energy and Environmental Design (LEED) certified buildings will positively impact the industry expansion.

 

Heat pumps for industrial application accounted for over 70% industry share in 2016. Increasing demand for renewable energy sources along with government support through subsidies will propel the HVAC centrifugal systems growth. Shift in industry concern towards GHG emission effects from conventional warming equipment is the key factor supporting product application scope. Increasing popularity of heat pumps over conventional warming systems likely to foster segment growth.

 

Asia Pacific chillers market is expected to hold over 50% market share by 2024. Escalating demand for centralized cooling systems supported by large consumer base will drive regional HVAC centrifugal systems market. The region accounts for over 60% of the world population and increasing infrastructural development will provide lucrative opportunities for manufacturers over the forecast period.

 
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MEA is expected to witness noteworthy growth over the forecast period. Increasing industrial and commercial spending in emerging countries mainly Saudi Arabia, Qatar, and Kuwait influencing HVAC centrifugal systems market. Government focus to boost regional tourism sector competitiveness driving rapid construction of hotels, supermarkets, sports, cinema, and recreational multiplexes. These factors are expected to propel regional industry growth.

 

Global industry share is fragmented in nature. Major players include Atlas Copco, Danfoss, Hitachi, Mitsubishi Heavy Industries, and SKF. Other key industry participants are Howden Group, Celeroton, Ingersoll Rand, GFA Compressors, and Elliott Group.  Superior products offering, economical compressor technology and after sales service are the major concern areas for the manufactures. Thus, manufacturers are expected to enhance their technical expertise to gain competitive advantage over the forecast period.

 

Scope of HVAC Centrifugal Compressors Market by Region:

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The Questions Briefly Answered in HVAC Centrifugal Compressors Market Report:

  • What is The Worldwide Production, Consumption, Consumption Price, Import and Export of HVAC Centrifugal Compressors?
  • Who Are the Worldwide Key Manufacturers of HVAC Centrifugal Compressors Market However Are Their In-Operation Scenario (Capacity, Production, Price, Cost, Gross and Revenue)?
  • The Market Share of Every Type and Application of HVAC Centrifugal Compressors? 
  • What Are the Upstream Raw Materials and What is The Producing Method of HVAC Centrifugal Compressors? 
  • Economic Impact on HVAC Centrifugal Compressors Trade and Development Trend of HVAC Centrifugal Compressors Industry?
  • What Will Be the HVAC Centrifugal Compressors Market Size and Therefore the Rate of Growth Be In 2025? 
  • What Are the Key Market Trends Impacting the Expansion of The HVAC Centrifugal Compressors Industry? 
  • What Are the HVAC Centrifugal Compressors Market Challenges to Stimulate Growth? 
  • What Are the HVAC Centrifugal Compressors Market Opportunities and Threats by The Vendors Within  Market?

Other Analyses: Apart from The Aforementioned Information, Trade and Distribution Analysis for The Manufactured Housing Industry, SWOT Analysis for New Projects and Feasibility Analysis for New Investment Are Included.

Report Highlights:

  • Elaborated Summary of Parent Market
  • Changing Market Dynamics of The HVAC Centrifugal Compressors
  • Historical, Current and Projected Market Size in Terms of Volume and Price
  • Recent Business Trends and Developments
  • Potential and Niche Segments/Regions Showing Promising Growth
  • A Neutral Perspective Towards Market Performance
  • Key Information for Market Players to Sustain and Enhance Their Market Footprint

Report Content

 

 Chapter 1   Methodology & Scope

 

 1.1  Methodology

 

 1.1.1  Initial data exploration

 

 1.1.2  Statistical model and forecast

 

 1.1.3  Industry Insights and validation

 

 1.1.4  Definitions, assumptions & forecast parameters

 

 1.2 Data Sources

 

 1.2.1  Primary

 

 1.2.2  Secondary

 

 Chapter 2   Executive Summary

 

 2.1  HVAC Centrifugal Compressors industry 360 degree synopsis, 2013 - 2024

 

 2.1.1  Business trends

 

 2.1.2  Application trends

 

 2.1.3  Regional trends

 

 Chapter 3   HVAC Centrifugal Compressors Industry Insights

 

 3.1  Industry segmentation

 

 3.2  Industry landscape, 2013- 2024

 

 3.3  Industry ecosystem analysis

 

 3.3.1  Raw material suppliers

 

 3.3.2  Manufacturer

 

 3.3.3  Profit margin trends

 

 3.3.4  Distribution channel analysis

 

 3.3.4.1 Contractors/dealers

 

 3.3.4.2  Product development and commercialization

 

 3.3.4.3  Provision of after sales service

 

 3.3.5  Suppliers

 

 3.3.6  Vendor matrix

 

 3.4  HVAC centrifugal compressors technology landscape

 

 3.4.1  Patent analysis

 

 3.4.2  Production process

 

 3.4.3  HVAC compressors comparative analysis

 

 3.5 HVAC Centrifugal Compressors Regulatory landscape

 

 3.5.1  North America

 

 3.5.2  Europe

 

 3.5.2.1  Energy efficiency goals for 2020 and 2030

 

 3.5.2.2  Policies to improve energy efficiency

 

 3.5.2.3  Heating and cooling

 

 3.5.3  APAC

 

 3.5.3  LATAM

 

 3.5.3  Middle East

 

 3.6  HVAC centrifugal compressors industry best practices & key buying criteria

 

 3.7  Pricing analysis, by region

 

 3.7.1  North America

 

 3.7.2  Europe

 

 3.7.2  APAC

 

 3.7.2  LATAM

 

 3.7.3  MEA

 

 3.8  Cost structure analysis

 

 3.9  Industry impact forces

 

 3.9.1  Growth drivers

 

 3.9.1.1  North America

 

 3.9.1.2  Europe

 

 3.9.1.3  APAC

 

 3.9.1.4  LATAM

 

 3.9.1.5  MEA

 

 3.9.2  Industry pitfalls & challenges

 

 3.9.2.1  Raw material cost

 

 3.10  Innovation & sustainability

 

 3.11  Growth potential analysis

 

 3.12  Competitive landscape

 

 3.12.1  Market share analysis, 2016

 

 3.12.2  Brand analysis

 

 3.12.3  Key stakeholders

 

 3.12.4  Strategy dashboard

 

 3.13  Porter's analysis

 

 3.14  PESTEL analysis

 

 Chapter 4   HVAC Centrifugal Compressors Market, By Application

 

 4.1  HVAC centrifugal compressors market share by application, 2016 & 2024

 

 4.2  Chillers

 

 4.2.1 Market estimates and forecast from chillers, 2013 - 2024, (Thousand units) (USD Million)

 

 4.2.2  Market estimates and forecast from chillers by region, 2013-2024, (Thousand units) (USD Million)

 

 4.2.3  Industrial

 

 4.2.3.1 Market estimates and forecast from industrial application, 2013 - 2024, (Thousand units) (USD Million)

 

 4.2.3.2  Market estimates and forecast from industrial application by region, 2013-2024, (Thousand units) (USD Million)

 

 4.2.4 Commercial

 

 4.2.4.1 Market estimates and forecast from commercial application, 2013 - 2024, (Thousand units) (USD Million)

 

 4.2.4.2  Market estimates and forecast from commercial application by region, 2013-2024, (Thousand units) (USD Million)

 

 4.3  Heat pumps

 

 4.3.1    Market estimates and forecast from heat pumps, 2013 - 2024, (Thousand units) (USD Million)

 

 4.3.2   Market estimates and forecast from heat pumps by region, 2013-2024, (Thousand units) (USD Million)

 

 4.3.3  Industrial

 

 4.3.3.1  Market estimates and forecast from industrial application, 2013 - 2024, (Thousand units) (USD Million)

 

 4.3.3.2  Market estimates and forecast from industrial application by region, 2013-2024, (Thousand units) (USD Million)

 

 4.3.4  Commercial

 

 4.3.4.1  Market estimates and forecast from commercial application, 2013 - 2024, (Thousand units) (USD Million)

 

 4.3.4.2  Market estimates and forecast from commercial application by region, 2013-2024, (Thousand units) (USD Million)

 

Complete report titled at https://www.marketstudyreport.com/reports/hvac-centrifugal-compressors-market

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About Author

Partha Ray

Email: partha.r@news.marketsizeforecasters.com   

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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