The global HVAC linesets market is anticipated to grow significantly at a CAGR of 4.5% over the forecast period. The manufacturing processes in photographs require accurate control of temperature and humidity. The camera film is manufactured using cellulose esters. In addition, photographic paper is manufactured in monitored conditions as products are usually sensitive to differences occurring in temperature and humidity. Generally, several types of filters are employed to supply fresh cool air at the needed humidity and these types of filters are typically applied in conjunction with pre-filters. Additionally, printing and food industries also use HVAC systems. For instance, the printing industry uses the AC system when the humidity falls between 20% and 50%. It is considered very important to maintain proper humidity in a printing factory, as low humidity may lead to light prints while high humidity may cause blurring or blots. Specifically, for document printing industries, low humidity may affect paper quality as it makes paper turn out to be dry, as well as high humidity conditions, leading to printing ink drying gradually.
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Further, HVAC has also been used for cold storage as the temperature, airborne dust particles, and humidity are controlled through ACs to prolong the food’s freshness. It has been evident in various cases that biscuits, pastries, and cakes take in moisture in high humidity conditions, increasing the risk for items not in the condition of being inedible. In high-humidity conditions, fungus and germs can flourish inside perishable foods. As a result, regulated conditions of temperature and humidity are necessary and raise the need for AC systems in these industries.
The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For an instance, in December 2019, Lennox International, Inc. expanded its ultra-low emission gas furnace line by introducing four furnaces, namely SL297NV, SL280NV, EL195NE, and EL180NE. The new products were developed to comply with the new California South Coast Air Quality Management District’s Rule 1111 and San Joaquin Valley Air Pollution Control District Ultra-Low NOx Rule 4905, which are focused on the reduction of nitrogen oxide emission.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By End-User
o By Implementation
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Carrier Corp., Daikin Industries, Ltd., Emerson Electric Co., Hitachi Ltd., Johnson Controls International plc, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global HVAC Linesets Market – Segmentation
By Material Type
By End-User
By Implementation
Global HVAC Linesets Market – Segmentation by Region
North America
• US
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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