Global Market For Residential HVAC Market to grow at a CAGR of 10.38% during 2015-2019

"Global Residential HVAC Market 2015-2019 "is the latest addition to MRR.Biz industry research reports collection.

About Residential HVAC

After the recession of 2009, there has been an incredible increase in the construction of residential buildings, especially in APAC countries like India and China, which is driving the market for residential HVAC.

HVAC is a vital part of the consumer goods segment. In APAC and the Americas, the segment is seeing exponential growth in terms of total household spending on consumer goods.

Technavios analysts forecast the Global residential HVAC market to grow at a CAGR of 10.38% during the period 2015-2019.

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Covered in this Report

The report covers the present scenario and the growth prospects of the global residential market for 2015-2019. To calculate the market size, the report considers the revenue generated from sales of residential HVAC products across the globe. Geographically, the market is segmented into APAC, North America, Western Europe, Eastern Europe, and the rest of the world (ROW). By product, the market comprises unitary ACs, ventilation fans, humidifiers and dehumidifiers, movables, and air handling units (AHUs).

Technavio's report, Global Residential HVAC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Daikin Industries
  • HCM
  • LG Electronics

Other prominent vendors

  • AB Electrolux
  • Broad Air Conditioning
  • Century Corporation
  • EAW Energieanlagenbau
  • GD Midea
  • Haier

Market driver : Growth in residential housing market

Market challenge : Intense competition

Market trend : Growing aging population