表紙
市場調查報告書

HVAC服務的全球市場 - 成長,趨勢,預測(2019年∼2024年)

HVAC Services Market - Growth, Trends, and Forecast (2020 - 2025)

出版商 Mordor Intelligence LLP 商品編碼 635826
出版日期 內容資訊 英文 165 Pages
商品交期: 2-3個工作天內
價格
HVAC服務的全球市場 - 成長,趨勢,預測(2019年∼2024年) HVAC Services Market - Growth, Trends, and Forecast (2020 - 2025)
出版日期: 2020年03月01日內容資訊: 英文 165 Pages
簡介

HVAC服務的全球市場從2019年到2024年間預測將超過6.1%的年複合成長率。這個市場主要成長要素,是主要新興經濟國建設產業成長,資料中心的成長等。

本報告提供全球HVAC服務市場調查,市場概要,各服務、實行類型、終端用戶、地區的市場規模的變化與預測,市場成長要素及阻礙因素,市場機會,競爭情形,主要企業的簡介等全面性資訊。

目錄

第1章 簡介

  • 調查成果
  • 前提條件
  • 調查範圍

第2章 調查方法

第3章 摘要整理

第4章 市場動態

  • 市場概況
  • 成長要素及阻礙因素概要
  • 市場成長要素
    • 主要新興國家建設產業成長
    • 資料中心市場成長
  • 市場阻礙因素
    • 勞工的不足/技能勞工的成本高
  • 價值鏈/供應鏈分析
  • 波特的五力分析
    • 買方議價能力
    • 供給企業談判力
    • 新加入業者的威脅
    • 替代品的威脅
    • 競爭企業間的敵對關係

第5章 市場區隔

  • 各類服務
    • 維修
    • 實行
  • 各實行類型
    • 新建設建築物
    • 維修建築物
  • 各終端用戶
    • 居住
    • 商業
    • 產業
  • 各地區
    • 北美
    • 歐洲
    • 亞太地區
    • 中南美
    • 中東、非洲

第6章 競爭情形

  • 企業簡介
    • Panasonic
    • Honeywell International Inc
    • LG Electronics
    • Siemens AG
    • Electrolux Ab
    • Ingersoll-Rand PLC
    • Carrier Corporation
    • Johnson Controls Inc
    • DAIKIN INDUSTRIES
    • Nortek Global HVAC
    • Lennox International, Inc.
    • 富士通General
    • Robert Bosch GmbH

第7章 投資分析

第8章 市場機會及未來趨勢

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目錄
Product Code: 59315

The HVAC Services Market was valued at USD 7.17 billion in 2019 and is expected to reach USD 14.77 billion by 2025, at a CAGR of 12.5% over the forecast period 2020 - 2025. The growing construction business in major emerging economies and the growing end-user markets, such as the data center market, etc., are major factors driving the growth of the HVAC services market, over the forecast period. Some of the benefits of adopting HVAC systems include energy-efficient, improved results, and lifespan, among others. According to British Petroleum (BP) PLC, China is the largest consumer of primary energy in the world, using some 3.3 million metric tons of oil equivalent in 2018.

  • The HVAC service market has a direct correlation with the HVAC equipment market. Any changes in demand for the equipment will impact the service market positively as higher demand for new equipment leads to higher installation or retrofitting services. HVAC companies offer a variety of services for both non-commercial and commercial property owners. These services not only give attention to improving the performance of the equipment but can potentially reduce energy costs as well.
  • Factors such as technological innovations and climate changes have increased the adoption of HVAC equipment. Global warming that has led to changing and unpredictable weather conditions has also increased the need for air conditioning equipment.For instance, According to the Japan Refrigeration and Air Conditioning Industry Association, in 2018, the global demand for air conditioners stood at 110.97 million units. According to the report by the International Energy Agency (IEA), Global energy demand from air conditioners is anticipated to triple by 2050, requiring new electricity capacity the equivalent to the combined electricity capacity of the US, the EU and Japan today. The global stock of air conditioners in buildings would grow to 5.6 billion by 2050.
  • Moreover, At the 2019 AHR Expo in Atlanta, Samsung HVAC North America announced that it would expand its residential and commercial air conditioning business in the region by building, training, and supporting a network of specifying representatives, distributors, and installers. Hence with the growth in adoption of air conditioners, the need for installation and maintenance and repairs of such equipment is expected to boost the market's growth positively.
  • The growth in the construction industry and the rising disposable income in developing countries, has increased the availability of HVAC equipment for a broader consumer base. For instance, According to the Bureau of Labor Statistics, the construction sector's output in the United States is expected to amount to approximately USD 1.58 trillion by 2028. HVAC services are expected to witness a significant market growth majorly due to the increased need to install and maintain the energy efficiency of the existing systems.

Key Market Trends

Residential Segment is Expected to Register a Significant Growth

  • The HVAC services demand in the residential sector, is primarily due to the growing population in Asia-Pacific, thereby leading to new installations. The market in developed regions, like Europe and North America, is mainly from the maintenance and replacement services.
  • With the backdrop of rising global temperatures and improving living standards, market penetration for A/C systems is expected to grow substantially from current levels in developing nations. For example.
  • Amidst the global financial crisis and housing market collapse, an overhang of housing in many mature economies led to a breakdown in prices of existing homes and stifled new residential construction spending.
  • Starting from 2023, all new residential central air-source heat pump systems and air-conditioning sold in the United States will be required to meet new minimum energy efficiency regulations and standards. The latest minimum energy efficiency standards for these equipment types went into effect in 2015, and for the first time, different standards were set for cooling central air conditioners sold in the southern parts of the United States and those sold in the northern regions. The new regulations continue to set different cooling efficiency levels for air conditioners in the south, and they also require an increase in the heating efficiency of all air-source heat pumps.
  • Many buildings are serviced by an overall HVAC system while having problematic areas with different time and temperature requirements. A solution is to 'zone' your structure by installing separate time and temperature controls for individual areas - zoned areas can provide better conditions as occupants will have greater control over their respective environments. It is also an effective energy cost-saving measure as HVACs can then be turned down or off in unused or unoccupied zones.
  • According to an Aeroseal report, Variable speed heat pumps can trim monthly homeowners' costs by up to 40%. Proper insulation for a building or home, on its own, can improve HVAC efficiencies by up to 30%.

The United States is Expected to Hold Major Share

  • Growing government support, in the form of higher budget allocations, designed to increase home ownership and sustainable community development, and the increasing affordability of housing, may contribute to the ever-growing residential construction sector. In addition, increased construction activities, rapid urbanization, infrastructural reforms, and HVAC unit replacements, are some of the major factors supporting the growth of HVAC services market in the country.
  • The HVAC Industry is moving towards smart technologies in the United States, as the region is witnessing a high level of IoT integrations. State policies and regulations also govern the demand for HVAC services in the country. For instance, according to Aeroseal, LLC, in the northern US, furnaces must have a 90% efficiency rating, but in southern states, only an 80% efficiency rating is required. This indicates that HVAC services industry tend to be fueled by local and regional regulations.
  • The U.S. Energy Information Administration's (EIA) 2015 Residential Energy Consumption Survey (RECS) estimates that 76 million primary occupied U.S. homes (64% of the total) use central air-conditioning equipment, and about 13 million homes (11%) use heat pumps for heating or cooling, and by 2023, all new residential central air-conditioning and air-source heat pump systems sold in the United States will be required to meet new energy efficiency standards, thus fueling the growth of the HVAC services.
  • According to IEA, in the United States, more than 90% of households have air conditioning equipment, compared to just 8% of the 2.8 billion people living in the hottest parts of the world. The growing use of air conditioners in homes and offices around U.S. will be one of the top drivers stressing the need for the HVAC services in the region.

Competitive Landscape

The HVAC services market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability. The companies operating in the market are also acquiring start-ups working on HVAC services technologies to strengthen their product capabilities.

  • March 2020 - Gardner Denver has completed the merger with the Ingersoll Rand's Industrial segment on February 29, 2020. The newly merged company, named Ingersoll Rand Inc.This newly merged company will have a significant dominance in the mission-critical flow control and industrial technologies market with an extended product portfolio.
  • February 2020 - Johnson Controls has announced the launch of fully integrated, factory-built and installed wrap-around heat exchangers (WAHX) to its YORK Solution Indoor and Outdoor air-handling units. This newly developed product will help the company in terms of meeting a growing need for energy-efficient dehumidification methods in a compact footprint.
  • February 2020 - Comfort Systems USA, Inc. has entered into a agreement to acquire the Starr Electric Company, Inc. headquartered in Greensboro, North Carolina. Starr is an important force in electrical contracting and related services across North Carolina, with deep experience in the industrial, medical and educational sectors. This will help Comfort systems to expand their footprints with the help of Starr's expertise.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Introduction to Market Drivers and Restraints
  • 4.3 Market Drivers
    • 4.3.1 Growing Construction Activity in Major Economies
    • 4.3.2 Growing Data Center Market
  • 4.4 Market Restraints
    • 4.4.1 Labor Shortage/ High Costs of Skilled Labor
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 By Services
    • 5.1.1 Maintenance and Repair
    • 5.1.2 Installation
  • 5.2 By Implementation Type
    • 5.2.1 New Construction
    • 5.2.2 Retrofit Buildings
  • 5.3 By End User
    • 5.3.1 Residential
    • 5.3.2 Commercial
    • 5.3.3 Industrial
  • 5.4 Geography
    • 5.4.1 North America
      • 5.4.1.1 United States
      • 5.4.1.2 Canada
    • 5.4.2 Europe
      • 5.4.2.1 United Kingdom
      • 5.4.2.2 Germany
      • 5.4.2.3 France
      • 5.4.2.4 Rest of Europe
    • 5.4.3 Asia-Pacific
      • 5.4.3.1 China
      • 5.4.3.2 India
      • 5.4.3.3 Japan
      • 5.4.3.4 Rest of Asia-Pacific
    • 5.4.4 Latin America
      • 5.4.4.1 Brazil
      • 5.4.4.2 Argentina
      • 5.4.4.3 Mexico
      • 5.4.4.4 Rest of Latin America
    • 5.4.5 Middle East & Africa
      • 5.4.5.1 United Arab Emirates
      • 5.4.5.2 Saudi Arabia
      • 5.4.5.3 South Africa
      • 5.4.5.4 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Ingersoll-Rand PLC
    • 6.1.2 Carrier Corporation
    • 6.1.3 Johnson Controls Inc.
    • 6.1.4 Daikin Industries Ltd
    • 6.1.5 Comfort Systems USA INC.
    • 6.1.6 Lennox International, Inc.
    • 6.1.7 Fujitsu General Ltd (Fujitsu)
    • 6.1.8 Robert Bosch GmbH
    • 6.1.9 Electrolux AB
    • 6.1.10 Siemens AG
    • 6.1.11 LG Electronics Inc.
    • 6.1.12 Honeywell International Inc.
    • 6.1.13 ABM Industry Groups LLC

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS