"Asia-Pacific, the largest and fastest-growing market for variable air volume systems"
The Asia-Pacific region is the largest market for VAV systems globally, with China leading the market. The market in the region is also witnessing the highest growth rate, which is attributed to the rapid economic expansion the region is undergoing.
This study has been validated through primary interviews conducted with various industry experts globally. The breakdown of primary interviews on the basis of company type, designation, and region is given below:
- By Company Type- Tier 1- 33%, Tier 2- 59% and Tier 3- 8%
- By Designation- Directors-17%, C level- 25%, and Others- 58%
- By Region- Europe- 8%, Asia-Pacific- 67%, North America- 8%, Middle-East & Africa- 17%
The report also includes company profiles and competitive strategies adopted by the major market players such as United Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Ingersoll Rand Inc. (Ireland), KMC Controls (U.S.), Johnson Controls (U.S.), Emerson Electric Co. (U.S.), and Daikin Industries, Ltd. (Japan).
This report covers the market for VAV systems by value and forecasts the market size till 2021. The report includes the market segmentation by type, application, and region. It also includes company profiles and competitive strategies adopted by the major market players in the global VAV systems market.
Reasons to buy the report:
- To understand the global, regional, and national scenarios
- To understand the market trends and dynamics along with the key factors affecting it
- To identify the present and upcoming market opportunities
- To identify the potential markets in various regions for variable air volume systems
- To track the recent developments in the variable air volume systems market
- To understand the competitive background of the industry, and positioning of participants in the market
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/variable-air-volume-systems-market-by-type-single-duct-vav-dual-duct-vav-induction-vav-and-fan-powered-vav-application-residential-buildings-industrial-buildings-commercial-buildings---global-forecast-to-2021-300357388.html