Smart HVAC Control Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The growth of the Smart HVAC Control market is expected to grow over the next six years due to the rapid penetration of the Internet of Things (IoT). Manufacturers are integrating HVAC systems with IoT technology. Manufacturers are programming their systems to work in real time with other connected systems such as motorized window shades and door locks. Increasing M2M connectivity is encouraging users to use intelligent systems in HVAC units. In addition, components including sensors are used to collect real-time information and monitor indoor environmental conditions to enhance the user experience. Additionally, these devices use components already installed in the smart home to collect information. Increasing use of intelligent sensor technology will increase the demand for HVAC control market over the forecast period.
Key players in the smart HVAC controls market include Nest Labs, United Technologies, Lennox Intl, Haier Group, Ingersoll-Rand PLC, LG electronics, Daikin Industries Ltd., Honeywell International, Delta, Lenox International, Siemens, Distech, Hitachi Ltd., KMC Keen Home, Schneider Electric, and Johnson Controls.
Smart HVAC Control Market- Segmentation
By Product
- Smart Thermostat
- Smart Air Vent
By Implementation
- New Construction
- Retrofit
By Application
- Residential
- Commercial
- Industrial
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Smart HVAC Control Market Report
- What was the Smart HVAC Control Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart HVAC Control Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Smart HVAC Control Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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