Heating, Ventilating, and Air Conditioning (HVAC) Services Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028
| Published: Nov 2023 | Pages: 172 | SKU: IRTNTR43029 |
Heating, Ventilating, and Air Conditioning (HVAC) Services Market 2024-2028
The Heating, Ventilating, and Air Conditioning (HVAC) Services Market size is estimated to grow at a CAGR of 7.43% between 2023 and 2028. The market size is forecast to increase by USD 28.76 billion. The growth of the market depends on several factors such as the rapidly growing surface temperature, the growing demand for retrofitting in developed countries, and the need to reduce energy consumption and operating costs.
The report includes a comprehensive outlook on the HVAC services market, offering forecasts for the industry segmented by Service Type, which comprises air conditioning services, heating services, and ventilation services. Additionally, it categorizes End-user into non-residential and residential, and covers Geography regions, including APAC, Europe, North America, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
What will be the Size of the HVAC Services Market During the Forecast Period?
HVAC Services Market Forecast 2024-2028
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HVAC Services Market Dynamic
Driver- Rapidly growing surface temperature
Gradual increases in temperature are causing weather patterns to shift and upsetting the natural equilibrium of the environment. Humans and all other living things on earth are at great risk from this. The global surface temperature rises in tandem with greenhouse gas concentrations. The warmest decade on record is the one that ended in 2020.
In addition, since the 1980s, the decade has been warmer than the previous one every time. There are more hot days and heat waves in almost all land locations. Elevated temperatures exacerbate heat-related ailments and complicate the working of employees. Consequently, the high temperature will require most air conditioning systems to equate the temperature, which will drive the market during the forecast period.
Trends- Advanced monitoring systems and intelligent technologies
The integration of the Internet of Things (IoT) with HVAC systems opens new avenues for the market in terms of revenue, and it is still in its developing stages in the heating, ventilating, and air conditioning (HVAC) services market. The commercial building sector is likely to be the earliest adopter of this technology, with IoT linking components or systems with network connectivity to the internet and enabling them to send and receive data over a network.
Moreover, IoT allows devices to communicate without human-to-human or human-to-computer intervention and helps commercial building owners develop efficient systems for building processes. Hence, the advancement in technology will boost the growth of the market during the forecast period.
Challenge- Fluctuating prices of HVAC system raw materials
Many key heating, ventilating, and air conditioning services market players enter into long-term contracts with suppliers to reduce the impact of the fluctuations in raw material prices on their business operations. However, small market players cannot enter into such contracts and hence, fluctuations in raw material prices affect their businesses. This directly impacts the global HVAC services market.
The prices of raw materials depend on factors such as inflation, production, and supply. Additionally, motors and compressors used to manufacture industrial HVAC equipment require rare-earth metals, such as neodymium, while boron is required to convert magnets into permanent magnet motors, as it creates stronger magnetic fields than other types of materials. Hence, such challenges are expected to impede the growth of the market during the forecast period.
HVAC Services Market Segmentation by Service Type, End-user, and Geography
Service Type Segment Analysis:
The air conditioning services segment is estimated to be significant during the forecast period. Air conditioners are found everywhere, ranging from apartments, shopping malls, and business establishments to entertainment centers but the affordability of environmentally optimized air conditioning products remains a major challenge. Air conditioning plays a major role in optimizing indoor environments and temperatures, especially in places with hot and dry climates, and hence, it has become a part of the critical infrastructure that underpins modern indoor spaces.
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The air conditioning services segment was valued at USD 26.37 billion in 2018. Additionally, the demand for air conditioning services is expected to increase exponentially during the forecast period as the economic growth in emerging markets continues to accelerate. Hence, factors like the expanding construction industry worldwide, deregulation of the real estate and construction sector, the great potential for energy savings, and low and easy maintenance requirements for air conditioners are all major factors driving the growth of the heating, ventilating, and air conditioning services market during the forecast period.
End-user Segment Analysis
Based on end-user, the market has been segmented into non-residential and residential. The non-residential segment will account for the largest share of this segment.?HVAC systems are increasingly being deployed in the industrial sector to maintain the temperature of the equipment for better performance. Furthermore, the rise in the number of net-zero buildings is a major trend in the construction business. A net-zero building can produce renewable energy to meet its annual energy consumption requirements. This reduces the need for non-renewable energy in the building. Thus, the growing demand for HVAC systems such as chillers in industries and net-zero buildings trends in the commercial sector is expected to fuel the growth of the non-residential segment, thereby driving the HVAC services market growth during the forecast period.
Regional Analysis
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APAC is estimated to contribute 46% to the growth during the forecast period. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. Some of the factors for the heating, ventilating, and air conditioning services market growth in the region include the rapid growth in population, extreme climatic conditions, rising urbanization, and expansion in the middle-income population.
In addition, the growth in commercial and residential constructions is a key driver for the demand for HVAC systems in the region, which also positively affects the energy-efficient HVAC systems market. Moreover, the adoption of green building initiatives in developing countries like China and India is another factor that is driving the demand for energy-efficient HVAC systems in APAC. Hence, such factors are expected to drive HVAC services market growth in the APAC region during the forecast period.
Who are the Major HVAC Services Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
- ABM Industries Inc.: The company offers HVAC services such as preventative testing and commissioning services.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu General Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, and Siemens AG
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
Segment Overview
The HVAC services market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Service Type Outlook
- Air conditioning services
- Heating services
- Ventilation services
- End-user Outlook
- Non-residential
- Residential
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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HVAC Services Market Scope |
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Report Coverage |
Details |
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Page number |
172 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.43% |
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Market Growth 2024-2028 |
USD 28.76 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.78 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 46% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABM Industries Inc., Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu General Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, and Siemens AG |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this HVAC Services Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the HVAC services market between 2024 and 2028
- Precise estimation of the size of the HVAC services market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of HVAC services market companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Service Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global HVAC services market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global hvac services market 2018 - 2022 ($ billion)
- 4.2 Service type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Service type Segment 2018 - 2022 ($ billion)
- 4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Service Type
- 6.1 Market segments
- Exhibit 30: Chart on Service Type - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Service Type - Market share 2023-2028 (%)
- 6.2 Comparison by Service Type
- Exhibit 32: Chart on Comparison by Service Type
- Exhibit 33: Data Table on Comparison by Service Type
- 6.3 Air conditioning services - Market size and forecast 2023-2028
- Exhibit 34: Chart on Air conditioning services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Air conditioning services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Air conditioning services - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Air conditioning services - Year-over-year growth 2023-2028 (%)
- 6.4 Heating services - Market size and forecast 2023-2028
- Exhibit 38: Chart on Heating services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Heating services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Heating services - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Heating services - Year-over-year growth 2023-2028 (%)
- 6.5 Ventilation services - Market size and forecast 2023-2028
- Exhibit 42: Chart on Ventilation services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Ventilation services - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Ventilation services - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Ventilation services - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Service Type
- Exhibit 46: Market opportunity by Service Type ($ billion)
- Exhibit 47: Data Table on Market opportunity by Service Type ($ billion)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user
- 7.3 Non-residential - Market size and forecast 2023-2028
- Exhibit 52: Chart on Non-residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Non-residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
- 7.4 Residential - Market size and forecast 2023-2028
- Exhibit 56: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Residential - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Residential - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ billion)
- Exhibit 61: Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.10 Japan - Market size and forecast 2023-2028
- Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 ABM Industries Inc.
- Exhibit 115: ABM Industries Inc. - Overview
- Exhibit 116: ABM Industries Inc. - Business segments
- Exhibit 117: ABM Industries Inc. - Key news
- Exhibit 118: ABM Industries Inc. - Key offerings
- Exhibit 119: ABM Industries Inc. - Segment focus
- 12.4 Air Comfort
- Exhibit 120: Air Comfort - Overview
- Exhibit 121: Air Comfort - Product / Service
- Exhibit 122: Air Comfort - Key offerings
- 12.5 Alexander Mechanical Inc.
- Exhibit 123: Alexander Mechanical Inc. - Overview
- Exhibit 124: Alexander Mechanical Inc. - Product / Service
- Exhibit 125: Alexander Mechanical Inc. - Key offerings
- 12.6 Blue Star Ltd.
- Exhibit 126: Blue Star Ltd. - Overview
- Exhibit 127: Blue Star Ltd. - Business segments
- Exhibit 128: Blue Star Ltd. - Key offerings
- Exhibit 129: Blue Star Ltd. - Segment focus
- 12.7 Carrier Global Corp.
- Exhibit 130: Carrier Global Corp. - Overview
- Exhibit 131: Carrier Global Corp. - Business segments
- Exhibit 132: Carrier Global Corp. - Key news
- Exhibit 133: Carrier Global Corp. - Key offerings
- Exhibit 134: Carrier Global Corp. - Segment focus
- 12.8 Daikin Industries Ltd.
- Exhibit 135: Daikin Industries Ltd. - Overview
- Exhibit 136: Daikin Industries Ltd. - Business segments
- Exhibit 137: Daikin Industries Ltd. - Key news
- Exhibit 138: Daikin Industries Ltd. - Key offerings
- Exhibit 139: Daikin Industries Ltd. - Segment focus
- 12.9 Emerson Electric Co.
- Exhibit 140: Emerson Electric Co. - Overview
- Exhibit 141: Emerson Electric Co. - Business segments
- Exhibit 142: Emerson Electric Co. - Key news
- Exhibit 143: Emerson Electric Co. - Key offerings
- Exhibit 144: Emerson Electric Co. - Segment focus
- 12.10 ENGIE SA
- Exhibit 145: ENGIE SA - Overview
- Exhibit 146: ENGIE SA - Business segments
- Exhibit 147: ENGIE SA - Key offerings
- Exhibit 148: ENGIE SA - Segment focus
- 12.11 Fujitsu General Ltd.
- Exhibit 149: Fujitsu General Ltd. - Overview
- Exhibit 150: Fujitsu General Ltd. - Product / Service
- Exhibit 151: Fujitsu General Ltd. - Key offerings
- 12.12 Ingersoll Rand Inc.
- Exhibit 152: Ingersoll Rand Inc. - Overview
- Exhibit 153: Ingersoll Rand Inc. - Business segments
- Exhibit 154: Ingersoll Rand Inc. - Key offerings
- Exhibit 155: Ingersoll Rand Inc. - Segment focus
- 12.13 J and J Air Conditioning
- Exhibit 156: J and J Air Conditioning - Overview
- Exhibit 157: J and J Air Conditioning - Product / Service
- Exhibit 158: J and J Air Conditioning - Key offerings
- 12.14 Johnson Controls International Plc
- Exhibit 159: Johnson Controls International Plc - Overview
- Exhibit 160: Johnson Controls International Plc - Business segments
- Exhibit 161: Johnson Controls International Plc - Key news
- Exhibit 162: Johnson Controls International Plc - Key offerings
- Exhibit 163: Johnson Controls International Plc - Segment focus
- 12.15 Samsung Electronics Co. Ltd.
- Exhibit 164: Samsung Electronics Co. Ltd. - Overview
- Exhibit 165: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 166: Samsung Electronics Co. Ltd. - Key news
- Exhibit 167: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 168: Samsung Electronics Co. Ltd. - Segment focus
- 12.16 Service Logic
- Exhibit 169: Service Logic - Overview
- Exhibit 170: Service Logic - Product / Service
- Exhibit 171: Service Logic - Key offerings
- 12.17 Siemens AG
- Exhibit 172: Siemens AG - Overview
- Exhibit 173: Siemens AG - Business segments
- Exhibit 174: Siemens AG - Key news
- Exhibit 175: Siemens AG - Key offerings
- Exhibit 176: Siemens AG - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 177: Inclusions checklist
- Exhibit 178: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 179: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 180: Research methodology
- Exhibit 181: Validation techniques employed for market sizing
- Exhibit 182: Information sources
- 13.5 List of abbreviations
- Exhibit 183: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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hvac services market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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