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The future of the heating, ventilation, and air conditioning (HVAC) market in China looks good with opportunities in the residential and commercial construction industries. The major drivers of growth are increasing disposable income, rapidly increasing construction activities in developing economies, and changing climate conditions.
Emerging trends, which have a direct impact on the dynamics of the market, include the increasing usage of green HVAC, increasing usage of air purification technology, and increasing usage of smart thermostat.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of HVAC equipment market in China report, download the report brochure.
HVAC Equipment Market in China by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for HVAC Equipment Market
in China: 2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the HVAC equipment market in China by product type and end use as follows:
HVAC equipment market by Product Type [Volume (million units) and Value ($ billion) from 2014 to 2025]:
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Furnace
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Heat Pump
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Central AC
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Room AC
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Others
HVAC equipment market by End Use [Volume (million units) and Value ($ billion) from 2014 to 2025]:
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Residential
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Healthcare
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Education
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Hospitality
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Office
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Retail
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Others
On the basis of its comprehensive research, Lucintel forecasts that room AC is expected to show above average growth during the forecast period of 2020 to 2025 due to urbanization and increasing disposable income in emerging economies like China and India.
Within the HVAC equipment market, residential is expected to remain the largest segment during the forecast period. Increasing penetration of air conditioners and strong growth in construction industry are the major driving forces that will spur growth for this segment over the forecast period.
Some of the features of “Opportunities for the HVAC Equipment Market in China Report 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
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Market size estimates: HVAC equipment market size estimation in terms of value ($M) and volume (million units) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by product type and end use.
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Segmentation analysis: HVAC equipment market size by various applications such as product, and end use in terms of value and volume shipment
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Growth opportunities: Analysis on growth opportunities in different product type and end use.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the HVAC equipment market in China by product type (furnace, heat pump, central AC, room AC, and others) and end use (residential, office, retail, hospitality, education, healthcare, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in HVAC equipment market?
Q.4. What are the business risks and competitive threats in HVAC equipment market?
Q.5. What are the emerging trends in this market and reasons behind them?
Q.6. What are some changing customer demands in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?