Global Advanced HVAC Control Market 2014-2018: Key Vendors are Honeywell, Johnson, Schneider and Siemens

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Sep 18, 2014, 01:59 ET

DUBLIN, Ireland, September 18, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/mtlfgt/global_advanced) has announced the addition of the "Global Advanced HVAC Control Market 2014-2018" report to their offering.
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HVAC control systems are used to efficiently handle HVAC equipment. They allow building owners to resourcefully manage their building energy consumption. Moreover, these systems are designed to eliminate the difficulty of managing HVAC systems and to enhance their performance. There are various types of HVAC control systems including sensors, field devices, floor-level controllers, and building-level controllers. These HVAC control systems are majorly used in the Commercial and Residential sectors across the globe.

The analysts forecast the Global Advancedd HVAC Control System market will grow at a CAGR of 10.44 percent over the period 2014-2018.

This report covers the present scenario and the growth prospects of the Global Advanced HVAC Control System market for the period 2014-2018. The Global Advanced HVAC Control System market can be divided into four major segments: Sensors, Field Devices, Floor-level Controllers, and Building-level Controllers.

The report, the Global Advanced HVAC Control System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions and the Americas; it also covers the Global Advanced HVAC Control System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The HVAC control system vendors are looking for opportunities to increase their market presence, as a result of increased competition, by differentiating their products from those of their competitors. This, in turn, has prompted vendors to spend more money on R&D activities to provide superior-quality and highly customized products that can effectively meet the specific requirements of customers. The increase in R&D activities by vendors also enables them to develop cost-effective products that will enhance their competitiveness in the market.

According to the report, the increase in new construction activities is one of the major drivers. The rise in the global sales of homes and new buildings and the increase in the construction of skyscrapers have led to increased demand for advanced HVAC control systems and paved the way for market growth in recent years.

Further, the report states that the lack of product differentiation is one of the major challenges. There are several vendors in the market that offer similar products to end-users, which, in turn, creates intense competition among vendors.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by End-users

08. Geographical Segmentation

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series