Global demand for HVAC equipment will rise 6.2 percent annually through 2014. China will be the fastest growing market and comprise about 40 percent of new growth. Despite a modest outlook initially, US demand will rise 8.1 percent annually. Cooling equipment will continue to outpace heating equipment worldwide.
This study analyzes the $68.9 billion world HVAC equipment industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., room air conditioners, unitary air conditioners, warm air furnaces, boilers), world region and for 18 countries.
It also considers market environment factors, details industry structure, evaluates company market share, and profiles 27 industry participants, including Carrier, Daikin Industries and Trane.