Report Description

United States HVAC market is projected to grow at a CAGR of over 6.85%, in value terms, during 2019-2024.  The market is expected to witness tremendous growth on account of growing number of connected home devices with wireless technology and availability of HVAC systems, robust distribution network, rising internet penetration and increasing construction activities, are expected to drive the sales of HVAC systems in the country, are some of the other factors expected to propel demand for HVAC over the next five years.

Years considered for this report:

Historical Year : 2014-2017

Base Year : 2018

Estimated : 2019

Forecast : 2020-2024

Objective of the Study:
  • To analyze and forecast market size of the United States HVAC market, in terms of value as well as volume.
  • To define, classify and forecast the United States HVAC market on the basis of product type, by end use sector, by companies.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of end use sector segmenting United Stated HVAC market into 6 end use sectors, namely, Residential; Commercial Real Estate; Institutional; Marine & Offshore; Oil & Gas; Power and Others.
  • To identify tailwinds and headwinds for the United States HVAC market.
  • To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the United States HVAC market.
  • To evaluate competitor pricing, average market selling prices and trends in the United States HVAC market.
  • To strategically profile the leading players, which are involved in the supply of HVAC in market.


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Some of the major players operating in the United States HVAC market are

United Technologies Corporation, Daikin North America, LLC, Ingersoll-Rand Inc., Johnson Control Inc., Nortek, Inc., Danfoss North America, LG Electronics (North America), Mitsubishi Electric US, Inc., Rheem Manufacturing Company Inc, Electrolux AB, Lennox International Inc., Haier America lnc. etc.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of HVAC manufacturers and suppliers in United States. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, end use sector, all major HVAC suppliers across the country.

TechSci Research calculated the market size for the HVAC market using a bottom-up approach, where manufacturers’ value & volume sales data for different types of (Direct Expansion Systems and Central Air Conditioning Systems) HVAC was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

 


Key Target Audience:

  • United States HVAC Manufacturers
  • United States HVAC suppliers 
  • Research organizations and consulting companies
  • Associations, organizations, associations and alliances related to HVAC
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as HVAC manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, United States HVAC market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Product Type:
    • United States HVAC Market 
      • Direct Expansion Systems
      • Central Air Conditioning Systems
  • Market, by End Use Sector:
      • Residential
      • Commercial Real Estate
      •  Institutional
      •  Marine & Offshore
      •  Oil & Gas
      •  Power
      •  Others
  • Market, by Region:
    • South-Region
    • West-Region
    • Mid-West-Region
    • Northeast-Region

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, market pricing, average selling price sales footprint, etc.

Company Profiles: Detailed analysis of the major companies present in the United States HVAC market.

Competition Outlook: Top companies, market and competition scenario.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across the country.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Product Information

  • Detailed analysis of new products in the market and their driving forces in the market.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1.     Product Classification & Overview

2.     Research Methodology

3.     Analyst View

4.     Global HVAC Market Overview

5.     United States HVAC Market Outlook

5.1.   Market Size & Forecast (2014-2024)

5.1.1.  By Value & Volume

5.2.   Market Share & Forecast (2014-2024)

5.2.1. By Product Type (Direct Expansion Systems and Central Air Conditioning Systems

5.2.1.1.         By Direct Expansion System (Split, Window, Ductable Split, VRF, Cassette and Others)

5.2.1.2.         By Central Air Condition Systems (Chillers, Boilers, Cooling Towers, Air Handling Units, Fan Coil Units, HVAC Control System and Others)

5.2.2. By End Use Sector (Residential, Commercial Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power and Others)

5.2.3. By Company

5.2.4. By Region

5.3.   Market Attractiveness Index Analysis

6.     United States Split Air Conditioners Market Outlook

6.1.   Market Size & Forecast (2014-2024)

6.1.1.  By Value & Volume

6.2.   Market Share & Forecast (2014-2024)

6.2.1. By End Use Sector (Residential, Commercial Real Estate, Institutional and Industrial)

6.3.   Product Benchmarking & Pricing Analysis

6.4.   Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

7.     United States Window Air Conditioners Market Outlook

7.1.   Market Size & Forecast (2014-2024)

7.1.1.  By Value & Volume

7.2.   Market Share & Forecast (2014-2024)

7.2.1. By End Use Sector (Residential, Commercial Real Estate, Institutional and Industrial)

7.3.   Product Benchmarking & Pricing Analysis

7.4.   Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

8.     United States Ductable Split Air Conditioners Market Outlook

8.1.   Market Size & Forecast (2014-2024)

8.1.1.  By Value & Volume

8.2.   Market Share & Forecast (2014-2024)

8.2.1. By End Use Sector (Residential, Commercial Real Estate, Institutional and Industrial)

8.3.   Product Benchmarking & Pricing Analysis

8.4.   Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

9.     United States VRF Air Conditioners Market Outlook

9.1.   Market Size & Forecast (2014-2024)

9.1.1.  By Value & Volume

9.2.   Market Share & Forecast (2014-2024)

9.2.1. By End Use Sector (Residential, Commercial Real Estate, Institutional and Industrial)

9.3.   Product Benchmarking & Pricing Analysis

9.4.   Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

10.  United States Cassettes Air Conditioner Market Outlook

10.1.              Market Size & Forecast (2014-2024)

10.1.1.    By Value & Volume

10.2.              Market Share & Forecast (2014-2024)

10.2.1.   By End Use Sector (Residential, Commercial Real Estate, Institutional and Industrial)

10.3.              Product Benchmarking & Pricing Analysis

10.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

11.  United States Chillers Market Outlook

11.1.              Market Size & Forecast (2014-2024)

11.1.1.    By Value & Volume

11.2.              Market Share & Forecast (2014-2024)

11.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power and Others)

11.3.              Product Benchmarking & Pricing Analysis

11.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

12.  United States Boilers Market Outlook

12.1.              Market Size & Forecast (2014-2024)

12.1.1.    By Value & Volume

12.2.              Market Share & Forecast (2014-2024)

12.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power, and Others)

12.3.              Product Benchmarking & Pricing Analysis

12.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

13.  United States Cooling Towers Market Outlook

13.1.              Market Size & Forecast (2014-2024)

13.1.1.    By Value & Volume

13.2.              Market Share & Forecast (2014-2024)

13.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power, and Others)

13.3.              Product Benchmarking & Pricing Analysis

13.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

14.  United States Air Handling Units Market Outlook

14.1.              Market Size & Forecast (2014-2024)

14.1.1.    By Value & Volume

14.2.              Market Share & Forecast (2014-2024)

14.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power, and Others)

14.3.              Product Benchmarking & Pricing Analysis

14.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

15.  United States Fan Coil Units Market Outlook

15.1.              Market Size & Forecast (2014-2024)

15.1.1.    By Value & Volume

15.2.              Market Share & Forecast (2014-2024)

15.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power, and Others)

15.3.              Product Benchmarking & Pricing Analysis

15.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

16.  United States HVAC Control Systems Market Outlook

16.1.              Market Size & Forecast (2014-2024)

16.1.1.    By Value & Volume

16.2.              Market Share & Forecast (2014-2024)

16.2.1.   By End Use Sector (Real Estate, Institutional, Marine & Offshore, Oil & Gas, Power, and Others)

16.3.              Product Benchmarking & Pricing Analysis

16.4.              Competition Outlook (List of companies operating in United States (at least top 10), How is the competition in the market - tough, easy, moderate? Who is driving the market is it that the companies are pushing the product by strong marketing and discounts or consumer is demanding more products and paying premium or retailers/dealers are pushing sales through consultative approach, etc.? And what is expected to happen with the competitive landscape in next five years do you think more companies will enter the market or more merger and acquisitions will happen or companies will close down etc.

17.  United States Other HVAC Systems Market Outlook

17.1.              Market Size & Forecast (2014-2024)

17.1.1.    By Value & Volume

18.   HVAC Supply Chain Analysis

19.   Import & Export Analysis

20.   Market Dynamics

20.1.  Drivers

20.2.  Challenges

21.   Market Trends & Developments

22.   Policy & Regulatory Landscape

23.  United States Economic Profile

24.  Competitive Landscape

24.1.                 Company Profiles (Leading 10 Companies)

       25. Strategic Recommendation

Figures and Tables

Frequently asked questions

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Parvati Sharma

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