LONDON–(BUSINESS WIRE)–#HVACSystemsMarketinIndia–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.
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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:
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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:
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.
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HVAC systems in India 2020-2024 : Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Drivers, Challenges, and Trends
Vendor Landscape
Vendors covered
Appendix
About Us
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.
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