Technavio has been monitoring the HVAC systems in India and it is poised to grow by $ 2.26 bn during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005945/en/
Technavio has announced its latest market research report titled HVAC Systems Market in India 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blue Star Ltd., Daikin Industries Ltd., ETA General Pvt. Ltd., Ingersoll-Rand Plc, LG Electronics Inc., Mitsubishi Electric Corp., Samsung Electronics Co. Ltd., United Technologies Corp., Voltas Ltd., and Whirlpool Corp are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing demand for inverter HVAC systems has been instrumental in driving the growth of the market. However, rising environmental pollution and stringent government policies on HVAC systems might hamper market growth.
HVAC systems in India 2020-2024 : Segmentation
HVAC systems in India is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41588
HVAC systems in India 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our HVAC systems in India report covers the following areas:
HVAC systems in India size
HVAC systems in India trends
HVAC systems in India industry analysis
This study identifies growing preference for rental HVAC systems as one of the prime reasons driving the HVAC systems growth in India during the next few years.
HVAC systems in India 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the HVAC systems in India, including some of the vendors such as Blue Star Ltd., Daikin Industries Ltd., ETA General Pvt. Ltd., Ingersoll-Rand Plc, LG Electronics Inc., Mitsubishi Electric Corp., Samsung Electronics Co. Ltd., United Technologies Corp., Voltas Ltd., and Whirlpool Corp. Backed with competitive intelligence and benchmarking, our research reports on the HVAC systems in India are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Register for a free trial today and gain instant access to 17,000+ market research reports.
HVAC systems in India 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist HVAC systems growth in India during the next five years
Estimation of the HVAC systems size in India and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the HVAC systems in India
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of HVAC systems vendors in India
Table Of Contents :
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product placement
Split AC - Market size and forecast 2019-2024
Window AC - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by Application
Comparison by Application placement
Non-residential - Market size and forecast 2019-2024
Residential - Market size and forecast 2019-2024
Market opportunity by Application
Drivers, Challenges, and Trends
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market positioning of vendors
Blue Star Ltd.
Daikin Industries Ltd.
ETA General Pvt. Ltd.
LG Electronics, Inc.
Mitsubishi Electric Corp.
Samsung Electronics Co. Ltd.
United Technologies Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200805005945/en/