COVID-19 Impact & Recovery Analysis- Global HVAC Aftermarket 2020-2024 | Growing Industrialization in Emerging Economies to Boost Growth | Technavio

Technavio has been monitoring the global HVAC aftermarket size and it is poised to grow by USD 16.08 billion during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Daikin Industries Ltd., Emerson Electric Co., Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, and United Technologies Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing industrialization in emerging economies has been instrumental in driving the growth of the market. However, the growing concerns regarding environmental pollution might hamper market growth.

HVAC Aftermarket 2020-2024 : Segmentation

HVAC Aftermarket is segmented as below:

• End-user
  • Non-residential
  • Residential
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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HVAC Aftermarket 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our HVAC aftermarket report covers the following areas:

• HVAC Aftermarket size
• HVAC Aftermarket trends
• HVAC Aftermarket industry analysis

This study identifies the increasing adoption of cogeneration equipment as one of the prime reasons driving the HVAC aftermarket growth during the next few years.

HVAC Aftermarket 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the hvac aftermarket, including some of the vendors such as Daikin Industries Ltd., Emerson Electric Co., Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, and United Technologies Corp. Backed with competitive intelligence and benchmarking, our research reports on the HVAC Aftermarket are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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HVAC Aftermarket 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist hvac aftermarket growth during the next five years
• Estimation of the hvac aftermarket size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the hvac aftermarket
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of hvac aftermarket vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value chain analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024
• Market Outlook

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Non-residential - Market size and forecast 2019-2024
• Residential - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 10: MARKET TRENDS

• Adoption of cogeneration equipment
• Predictive maintenance and increasing automation
• Specific focus of vendors on non-residential sectors

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Daikin Industries Ltd.
• Emerson Electric Co.
• Ingersoll-Rand Plc
• Johnson Controls International Plc
• Lennox International Inc.
• LG Electronics Inc.
• Robert Bosch GmbH
• Samsung Electronics Co. Ltd.
• Siemens AG
• United Technologies Corp.

PART 13: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

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