DUBLIN, March 4, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/lzjmv8/global_advanced) has announced the addition of the "Global Advanced HVAC Controls Market 2016-2020" report to their offering.
This comprehensive report predicts that the global advanced HVAC control market will grow with a CAGR of 8.67% during the period 2016-2020.
ommenting on the report, an analyst from the research team said: Energy savings by improving the efficiency of lighting and HVAC technologies, as well as integrating controls reduce energy consumption and costs, improve environmental conditions, and create a better indoor environment for building occupants.
According to the report, in the US, high demand for controlling heating and air conditioning equipment (thermostats) will drive the need for HVAC controls. In developing countries such as China, the growing need for air quality monitoring systems, to prevent the increasing incidences of respiratory diseases, is likely to boost the market growth.
Further, the report states that the global advanced HVAC controls market is capital intensive. Following the global economic downturn, vendors were unable to invest heavily in R&D and marketing campaigns. Many end-users are struggling to purchase advanced HVAC equipment as it incurs high initial investment and regular maintenance during its life cycle.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the strengths and weaknesses of the key vendors?
- Honeywell International
- Johnson Controls
- Mitsubishi Electric
- Schneider Electric
- Delta Controls
- Distech Controls
- Innotech Systems
- KMC Controls
- Reliable Controls
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About Author
For more information visit http://www.researchandmarkets.com/research/lzjmv8/global_advanced
Research and Markets
Laura Wood, Senior Manager
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