Global demand for HVAC equipment will rise 5.8 percent annually through 2012. Demand in the Asia/Pacific region will outpace the world average, led by China and India. Opportunities also exist in developed areas, most notably the US and Western Europe. Cooling equipment will continue to outpace heating equipment.
This study analyzes the $63.1 billion world HVAC equipment industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., room air conditioners, unitary air conditioners, warm air furnaces, boilers); world region (e.g., Asia/Pacific, North America, Western Europe); and for 18 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 30 industry participants, including Carrier, Trane, Daikin and Haier.