Americas Heating, Ventilation, Air-Conditioning, and Refrigeration (HVACR) Market| BIS Research

Market Research Report

A quick peek into the report

1.1 Scope of the Report
1.2 Americas HVACR Market Research Methodology

2.1   Introduction
2.2   Market Drivers
2.2.1   Increased Construction Activity in Americas
2.2.2   Rapid Urbanisation
2.2.3   Infrastructure Reforms and Increasing HVAC Unit Replacement
2.3   Market Challenges
2.3.1   Rising Demand for Energy
2.3.2   Adherence to Stringent laws and regulations
2.4   Market Opportunities
2.4.1   Introduction of Environment Friendly Refrigerants
2.4.2   Involvement of IoT in HVACR Industry

3.1   Key Players HVACR Market Share Analysis
3.1.1   Assumptions and Limitations for Market Share Analysis
3.1.2   HVACR Market Share Analysis
3.2   Key Market Developments & Strategies
3.2.1   Product Launches and Developments
3.2.2   Collaborations, Joint Ventures & Partnerships
3.2.3   Business Expansions
3.2.4   Mergers and Acquisitions
3.3   Industry Attractiveness

4.1   Patent Analysis
4.2   Consortium, Association, Acts and Regulatory Bodies
4.3   Value Chain Analysis

5.1   Assumption for Analysis and Forecast of the Americas HVACR Market
5.2   Market Overview
5.3   Americas HVACR Market, by Product Type
5.3.1   Windows and Portable Air-conditioners
5.3.2   Split Air-conditioners
5.3.3   Single Packaged Units
5.3.4   Chiller
5.3.5   Air Handling Units (AHU) & Fan Coil Units (FCU)
5.4   Americas HVACR Market, by Components
5.4.1   Refrigeration Cycle Components
5.4.1.1   Compressor
5.4.1.2   Condenser
5.4.1.3   Expansion Valve
5.4.1.4   Evaporator
5.4.2   HVACR Supporting Components (PCBs, Fan Motor and Casing, among others)
5.5   Americas HVACR Market, By Geography
5.5.1   North America
5.5.1.1   U.S.
5.5.1.2   Canada
5.5.1.3   Mexico
5.5.2   South America
5.5.2.1   Argentina
5.5.2.2   Brazil
5.5.2.3   Rest of South America

6.1   Daikin
6.1.1   Company Overview
6.1.2   Financials
6.1.2.1   Financial Summary
6.1.3   SWOT Analysis
6.2   L.G. Corporation
6.2.1   Company Overview
6.2.2   Financials
6.2.2.1   Financial Summary
6.2.3   SWOT Analysis
6.3   Midea Group
6.3.1   Company Overview
6.3.2   Financials
6.3.2.1   Financial Summary
6.3.3   SWOT Analysis
6.4   United Technologies Corporation (Carrier)
6.4.1   Company Overview
6.4.2   Carrier Corporation
6.4.3   Financials
6.4.3.1   Financial Summary
6.4.4   SWOT Analysis
6.5   Samsung
6.5.1   Company Overview
6.5.2   Financials
6.5.2.1   Financial Summary
6.5.3   SWOT Analysis
6.6   Panasonic
6.6.1   Company Overview
6.6.2   Financials
6.6.2.1   Financial Summary
6.6.3   SWOT Analysis
6.7   Johnson Controls
6.7.1   Company Overview
6.7.2   Financials
6.7.2.1   Financial Summary
6.7.3   SWOT Analysis
6.8   Ingersoll Rand
6.8.1   Company Overview
6.8.2   Trane
6.8.3   Financials
6.8.3.1   Financial Summary
6.8.4   SWOT Analysis
6.9   Fujitsu
6.9.1   Company Overview
6.9.2   Financials
6.9.3   Overall Financials
6.9.4   Net Revenue by Business Segment
6.9.5   Revenue Across Different Geographies
6.9.5.1   Financial Summary
6.9.6   SWOT Analysis
6.10   Toshiba
6.10.1   Company Overview
6.10.2   Financials
6.10.3   Overall Financials
6.10.3.1   Financial Summary
6.10.4   SWOT Analysis
6.11   Mitsubishi Electric
6.11.1   Overview Table
6.11.2   Financials
6.11.2.1   Financial Summary
6.11.3   SWOT Analysis
6.12   Lennox International Inc
6.12.1   Company Overview
6.12.2   Financials
6.12.2.1   Financial Summary
6.12.3   SWOT Analysis

Table 1    Macro-Economic Factors in Americas, 2010–15
Table 2.1   Some of the Major Construction Projects in Americas (2014-2017)
Table 2.2   Urban Population Growth in Americas, 2010 and 2015
Table 2.3   Energy Consumption in Billion kWh
Table 2.4   Refrigerants and their Respective ODP & GWP
Table 2.5   IoT Developments in HVACR Industry
Table 3.1   Product Launches and Developments
Table 3.2   Collaborations, Joint Ventures & Contracts
Table 3.3   Business Expansions
Table 3.4   Mergers and Acquisitions
Table 3.5   Buyers and Suppliers in HVACR Americas Market
Table 3.6   Key Factors in Determining “Threat from New Entrants” in HVACR Market Americas Region
Table 3.7   Key Factors in Determining “Bargaining Power of Buyers” in HVACR Market Americas Region
Table 3.8   Key Factors in Determining “Bargaining Power of Suppliers” in HVACR Market Americas Region
Table 3.9   Key Factors in Determining “Threat of Substitute Products or Services” in HVACR Market Americas Region
Table 3.10    Key Factors in determining “Rivalry among Existing Firms” in HVACR Market Americas region
Table 4.1   Patents Filed in the Recent Years (2015-2017)
Table 4.2   Consortiums, Associations, Acts and Regulatory Bodies
Table 5.1   North America Windows and Portable Air Conditioners by Volume (2016-2023)
Table 5.2   North America Windows and Portable Air Conditioners by Value (2016-2023)
Table 5.3   South America Windows and Portable Air Conditioners by Volume (2016-2023)
Table 5.4   South America Windows and Portable Air Conditioners by Value (2016-2023)
Table 5.5   North America Split Air Conditioners by Volume (2016-2023)
Table 5.6   North America Split Air conditioners by Value (2016-2023)
Table 5.7   South America Split Air Conditioners by Volume (2016-2023)
Table 5.8   South America Split Air Conditioners by Value (2016-2023)
Table 5.9   North America Single Packaged Units by Volume (2016-2023)
Table 5.10   North America Single Packaged Units by Value (2016-2023)
Table 5.11   South America Single Packaged Units by Volume (2016-2023)
Table 5.12   South America Single Packaged Units by Value (2016-2023)
Table 5.13   Air Cooled Chillers vs. Water Cooled Chillers
Table 5.14   North America Chiller Units by Volume (2016-2023)
Table 5.15   North America Chiller Units Conditioners by Value (2016-2023)
Table 5.16   South America Chiller Units by Volume (2016-2023)
Table 5.17   South America Chiller Units Conditioners by Value (2016-2023)
Table 5.18   North America AHU & FCU Units by Volume (2016-2023)
Table 5.19   North America AHU & FCU Units by Value (2016-2023)
Table 5.20   South America AHU & FCU Units by Volume (2016-2023)
Table 5.21   South America AHU & FCU Units by Value (2016-2023)
Table 5.22   Americas Compressor Component Market Value, by Product
Table 5.23   Americas Condenser Component Market Value, by Product
Table 5.24   Americas Expansion Valve Component Market Value, by Product
Table 5.25   Americas Evaporator Component Market Value, by Product
Table 5.26   Americas Supporting Components by Value (2016-2023)
Table 5.27   U.S. Windows and Portable Air Conditioners Units Volume (‘000 units), 2016 and 2023
Table 5.28   U.S. Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.29   U.S. Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.30   U.S. Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.32   U.S. Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.33   U.S. Mini Splits Ductless Components by Value (2016-2023)
Table 5.34   U.S. Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.35   U.S. Ducted Mini Splits Components by Value (2016-2023)
Table 5.36   U.S. Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.37   U.S. Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.38   U.S. Single Packaged Units by Value (2016-2023)
Table 5.39   U.S. Rooftop Components by Value (2016-2023)
Table 5.40   U.S. Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.41   U.S. Indoor Components by Value (2016-2023)
Table 5.42   U.S. Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.43   U.S. Chiller Units by Volume (2016-2023)
Table 5.44   U.S. chiller Units by Value (2016-2023)
Table 5.45   U.S. Chiller Components by Value (2016-2023)
Table 5.46   U.S. Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.47   U.S. AHU and FCU Units by Volume (2016-2023)
Table 5.48   U.S. AHU an FCU Units by Value (2016-2023)
Table 5.49   Canada Windows and Portable Air Conditioners Units by Volume (2016-2023)
Table 5.50   Canada Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.51   Canada Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.52   Canada Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.53   Canada Split Air Conditioners Units by Volume (2016-2023)
Table 5.54   Canada Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.55   Canada Mini Splits Ductless Components by Value (2016-2023)
Table 5.56   Canada Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.57   Canada Ducted Mini Splits Components by Value (2016-2023)
Table 5.58   Canada Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.59   Canada Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.60   Canada Single Packaged Air Conditioners Units by Value (2016-2023)
Table 5.61   Canada Rooftop Components by Value (2016-2023)
Table 5.62   Canada Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.63   Canada Indoor Components by Value (2016-2023)
Table 5.64   Canada Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.65   Canada Chiller Units by Volume (2016-2023)
Table 5.66   Canada Chiller Units by Value (2016-2023)
Table 5.67   Canada Chiller Components by Value (2016-2023)
Table 5.68   Canada Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.69   Canada AHU and FCU Units by Volume (2016-2023)
Table 5.70   Canada AHU an FCU Units by Value (2016-2023)
Table 5.71   Mexico Windows and Portable Air Conditioners Units by Volume (2016-2023)
Table 5.72   Mexico Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.73   Mexico Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.74   Mexico Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.75   Mexico Split Air Conditioners Units by Volume (2016-2023)
Table 5.76   Mexico Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.77   Mexico Mini Splits Ductless Components by Value (2016-2023)
Table 5.78   Mexico Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.79   Mexico Ducted Mini Splits Components by Value (2016-2023)
Table 5.80   Mexico Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.81   Mexico Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.82   Mexico Single Packaged Air Conditioners Units by Value (2016-2023)
Table 5.83   Mexico Rooftop Components by Value (2016-2023)
Table 5.84   Mexico Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.85   Mexico Indoor Components by Value (2016-2023)
Table 5.86   Mexico Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.87   Mexico Chiller Units by Volume (2016-2023)
Table 5.88   Mexico chiller Units by Value (2016-2023)
Table 5.89   Mexico Chiller Components by Value (2016-2023)
Table 5.90   Mexico Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.91   Mexico AHU and FCU Units by Volume (2016-2023)
Table 5.92   Mexico AHU an FCU Units by Value (2016-2023)
Table 5.93   Argentina Windows and Portable Air Conditioners Units by Volume (2016-2023)
Table 5.94   Argentina Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.95   Argentina Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.96   Argentina Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.97   Argentina Split Air Conditioners Units by Volume (2016-2023)
Table 5.98   Argentina Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.99   Argentina Mini Splits Ductless Components by Value (2016-2023)
Table 5.100   Argentina Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.101   Argentina Ducted Mini Splits Components by Value (2016-2023)
Table 5.102   Argentina Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.103   Argentina Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.104   Argentina Single Packaged Air Conditioners Units by Value (2016-2023)
Table 5.105   Argentina Rooftop Components by Value (2016-2023)
Table 5.106   Argentina Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.107   Argentina Indoor Components by Value (2016-2023)
Table 5.108   Argentina Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.109   Argentina Chiller Units by Volume (2016-2023)
Table 5.110   Argentina chiller Units by Value (2016-2023)
Table 5.111   Argentina Chiller Components by Value (2016-2023)
Table 5.112   Argentina Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.113   Argentina AHU and FCU Units by Volume (2016-2023)
Table 5.114   Argentina AHU an FCU Units by Value (2016-2023)
Table 5.115   Brazil Windows and Portable Air Conditioners Units by Volume (2016-2023)
Table 5.116   Brazil Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.117   Brazil Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.118   Brazil Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.119   Brazil Split Air Conditioners Units by Volume (2016-2023)
Table 5.120   Brazil Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.121   Brazil Mini Splits Ductless Components by Value (2016-2023)
Table 5.122   Brazil Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.123   Brazil Ducted Mini Splits Components by Value (2016-2023)
Table 5.124   Brazil Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.125   Brazil Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.126   Brazil Single Packaged Air Conditioners Units by Value (2016-2023)
Table 5.127   Brazil Rooftop Components by Value (2016-2023)
Table 5.128   Brazil Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.129   Brazil Indoor Components by Value (2016-2023)
Table 5.130   Brazil Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.131   Brazil Chiller Units by Volume (2016-2023)
Table 5.132   Brazil chiller Units by Value (2016-2023)
Table 5.133   Brazil Chiller Components by Value (2016-2023)
Table 5.134   Brazil Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.135   Brazil AHU and FCU Units by Volume (2016-2023)
Table 5.136   Brazil AHU an FCU Units by Value (2016-2023)
Table 5.137   Rest of South America Windows and Portable Air Conditioners Units by Volume (2016-2023)
Table 5.138   Rest of South America Windows and Portable Air Conditioners Units by Value (2016-2023)
Table 5.139   Rest of South America Windows and Portable Air Conditioners Components by Value (2016-2023)
Table 5.140   Rest of South America Windows and Portable Air Conditioners Refrigeration Cycle Components by Value (2016-2023)
Table 5.141   Rest of South America Split Air Conditioners Units by Volume (2016-2023)
Table 5.142   Rest of South America Mini Splits Air Conditioners Units by Value (2016-2023)
Table 5.143   Rest of South America Mini Splits Ductless Components by Value (2016-2023)
Table 5.144   Rest of South America Ductless Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.145   Rest of South America Ducted Mini Splits Components by Value (2016-2023)
Table 5.146   Rest of South America Ducted Mini Splits Refrigeration Cycle Components by Value (2016-2023)
Table 5.147   Rest of South America Single Packaged Air Conditioners Units by Volume (2016-2023)
Table 5.148   Rest of South America Single Packaged Air Conditioners Units by Value (2016-2023)
Table 5.149   Rest of South America Rooftop Components by Value (2016-2023)
Table 5.150   Rest of South America Rooftop Refrigeration Cycle Components by Value (2016-2023)
Table 5.151   Rest of South America Indoor Components by Value (2016-2023)
Table 5.152   Rest of South America Indoor Refrigeration Cycle Components by Value (2016-2023)
Table 5.153   Rest of South America Chiller Units by Volume (2016-2023)
Table 5.154   Rest of South America chiller Units by Value (2016-2023)
Table 5.155   Rest of South America Chiller Components by Value (2016-2023)
Table 5.156   Rest of South America Chiller Refrigeration Cycle Components by Value (2016-2023)
Table 5.157   Rest of South America AHU and FCU Units by Volume (2016-2023)
Table 5.158   Rest of South America AHU an FCU Units by Value (2016-2023)

Figure 1   Americas HVACR Market Size (‘000’ units) Snapshot
Figure 2   Americas HVACR Product Market Size Snapshot
Figure 3   Americas HVACR Component Market Size ($Million), 2016-2023
Figure 4   North America HVACR Country Market Snapshot (‘000’ units), 2016-2023
Figure 5   South America HVACR Country Market Snapshot (‘000’ units), 2016-2023
Figure 1.1   Americas HVACR Market Segmentation
Figure 1.2   Secondary Data Sources
Figure 1.3   Bottom up Approach
Figure 1.4   Americas HVACR Market Influencing Factors
Figure 1.5   Assumptions and Limitations
Figure 2.1   Market Dynamic Snapshot
Figure 2.2   Market Drivers Impact Analysis
Figure 2.3   Total Construction Spending ($Billion), Jan’2016-Jan’2017
Figure 2.4   HVACR Unit Replacement Rate 1980-2014
Figure 2.5   Market Challenges Impact Analysis
Figure 2.6   Opportunities Impact Analysis
Figure 3.1   Competitive Landscape Snapshot
Figure 3.2   Market Share Analysis of HVACR Product Manufacturers, by Value (2016)
Figure 3.3   Recent Market Development Strategy Snapshot Analysis
Figure 3.4   Porter’s Five Forces Analysis for Americas HVACR Equipment Market
Figure 4.1   Industry Analysis Snapshot
Figure 4.2   Key Elements of the Value Chain
Figure 4.3   Key Players in Different Elements
Figure 5.1   Americas HVACR classification
Figure 5.2   Americas Volume (‘000 units), 2016-2023
Figure 5.3   Americas Value ($Million), 2016-2023
Figure 5.4   Americas HVACR Product Classification
Figure 5.5   Components of a Split Ac
Figure 5.6   Outdoor Unit of a Split Air Conditioner
Figure 5.7   Indoor Unit of a Split Air Conditioner
Figure 5.8   Packaged Air Conditioners Types
Figure 5.9   Packaged Air Conditioners with Water Cooled Condenser
Figure 5.10   Packaged Air Conditioner with Air Cooled Condenser
Figure 5.11   Types of Chillers
Figure 5.12   Refrigeration Cycle: Chillers
Figure 5.13   Vapour Compression Cycle: Chillers
Figure 5.14   Absorption Refrigeration Cycle: Chillers
Figure 5.15   Types of Absorption Chillers
Figure 5.16   HVACR Components Classification
Figure 5.17   Refrigeration Cycle
Figure 6.1   Daikin: Overall Financials (2014-2016)
Figure 6.2   Daikin: Revenue by Geography (2014-2016)
Figure 6.3   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.4   Daikin: SWOT Analysis
Figure 6.5   L.G: Overall Financials (2014-2015)
Figure 6.6   L.G: Revenue by Business Segments (2014-2015)
Figure 6.7   L.G: Revenue by Geography (2014-2015)
Figure 6.8   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.9   L.G. Corporation: SWOT Analysis
Figure 6.10   Midea: Overall Financials (2014-2015)
Figure 6.11   Midea: Revenue by Business Segment (2014-2015)
Figure 6.12   Midea: Revenue by Geography (2014-2015)
Figure 6.13   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.14   Midea: SWOT Analysis
Figure 6.15   United Technologies: Overall Financials (2014-2016)
Figure 6.16   United Technologies: Revenue by Business Segment (2014-2016)
Figure 6.17   United Technologies: Revenue by Geography (2014-2016)
Figure 6.18   United Technologies: SWOT Analysis
Figure 6.19   Samsung: Overall Financials (2014-2015)
Figure 6.20   Samsung: Revenue by Business Segment (2014-2015)
Figure 6.21   Samsung: Revenue by Geography (2014-2015)
Figure 6.22   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.23   Samsung: SWOT Analysis
Figure 6.24   Panasonic: Overall Financials (2014-2016)
Figure 6.25   Panasonic: Revenue by Business Segment (2014-2016)
Figure 6.26   Panasonic: Revenue by Geography (2014-2016)
Figure 6.27   Panasonic: SWOT Analysis
Figure 6.28   Johnson Controls: Overall Financials (2014-2016)
Figure 6.29   Johnson Controls: Revenue by Business Segment (2014-2016)
Figure 6.30   Johnson Controls: Revenue by Geography (2014-2016)
Figure 6.31   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.32   Johnson Controls: SWOT Analysis
Figure 6.33   Ingersoll Rand: Overall Financials (2014-2015)
Figure 6.34   Ingersoll Rand: Revenue by Business Segment (2014-2015)
Figure 6.35   Ingersoll Rand: Revenue by Geography (2014-2015)
Figure 6.36   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.37   Ingersoll Rand: SWOT Analysis
Figure 6.38   Fujitsu: Overall Financials (2014-2016)
Figure 6.39   Fujitsu: Net Revenue by Business Segment, 2014-2016
Figure 6.40   Fujitsu: Revenue across Different Geographies, 2014-2016
Figure 6.41   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.42   Fujitsu: SWOT Analysis
Figure 6.43   Toshiba: Overall Financials, 2014-2016
Figure 6.44   Toshiba: Net Revenue by Business Segment, 2014-2016
Figure 6.45   Toshiba: Revenue across Different Geographies, 2014-2016
Figure 6.46   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.47   Toshiba: SWOT Analysis
Figure 6.48   Mitsubishi: Overall Financials (2014-2016)
Figure 6.49   Mitsubishi: Revenue by Business Segments (2014-2016)
Figure 6.51   Development Strategies Adopted by the Company in Americas (2014-2017)
Figure 6.52   Mitsubishi: SWOT Analysis
Figure 6.53   Lennox International Inc.: Overall Financials (2014-2016)
Figure 6.54   Lennox International: Revenue by Business Segments (2014-2016)
Figure 6.55   Lennox International: Revenue by Geography (2014-2016)
Figure 6.56   Lennox International: SWOT Analysis

Key Questions Answered in this Report:

What are major types of HVACR products prevalent in Americas?
Who are the major players in Americas HVAC market and their respective company profiles?
What are the key market developments and strategies of leading players in Americas HVACR market?
What are major drivers, challenges and opportunities for Americas HVACR market?
What is the market size (value and volume) of window and portable/moveable air conditioners in major countries across Americas region?
What is the market size (value and volume) of split systems in different countries across Americas region?
What is the market size (value and volume) of single packaged systems in different countries across Americas region?
What is the market size (value and volume) of chillers in Americas HVACR market?
What is the market size (value and volume) of Air Handling Unit (AHU) and Fan Coil Unit (FCU) in different countries across Americas region?
What is the market size (value) of refrigeration cycle components across different products?
What is the market share of top five HVACR players in the Americas HVACR market along with their trend analysis?

Report Description

Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market in the Americas market is primarily driven by the growing infrastructure projects in the region. Leading manufacturers in the HVACR industry are tapping the market potential by introducing cost effective, energy efficient products in the region. The rising electricity demand in the region has prompted government and various regulators to develop stringent policies and regulations that govern the HVACR units operation in the region.

This study includes an overview and analysis of the Americas Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market, by type of products and components across various countries in Americas, allowing the researcher to develop a comprehensive outlook of the market. The report provides an extensive insight into various forms of developments, trends, and key participants. While highlighting the key driving and restraining forces for this dynamic market, the report also provides an in-depth analysis of the Porter’s five forces model of the HVACR market and an assessment of the factors governing it. The report builds itself upon an all-inclusive value chain providing a clear understanding of the ecosystem of the HVACR products market.

The report includes the profiles of major players such as Carrier, Trane, Johnson controls, Daikin, Lennox International, among others in the Americas HVACR market, allowing the readers to gain an insight into the various industry trends in this region.

Market Overview

The growing demand of regulating temperature expanded from industries to large commercial buildings and household applications. HVACR systems are gradually becoming more of a necessity rather than mere luxury products in countries across the Americas region. Countries such as the U.S. and Canada account for the major share of HVACR market in the North America region. Argentina and Brazil currently account for the majority market share in South America primarily due to their hot climate, growing urban population, infrastructure, along with increased construction activities among others.

Per capita income in Americas increased in the recent years has considerably increased the average disposable income. This has been reflected in the residential HVACR market in Americas. Residential market has witnessed significant growth with the increase in the number of unit replacements.

Macro-economic factors such as Gross Domestic Product (GDP), labour force participation, and unemployment rate, among others have led to increase in the construction activities and in turn, have led to an increase in the number of jobs. Furthermore, increase in disposable income has also helped the market grow to a large extent.

The Americas HVACR market volume is estimated to grow at a CAGR of 5.65% during the forecast period, 2017-2023. The demand for HVACR equipment in this region is witnessing an overall steady growth. The growth rate can be attributed to countries such as Brazil, Argentina and Mexico that have shown a huge increase in the demand.

North America has had a very steady growth with U.S. and Canada being the major market share holders. However, South America had a huge increase in demand which can be attributed to increased construction activities in developing countries such as Brazil and Argentina. Also, the entry of Chinese and Japanese OEMs in the market further propelled the market.

In South America, Brazil accounted for majority of the total volume of HVACR products followed by Argentina in the year 2016. The South America HVACR market currently looks promising with the existing large scale demand for the products. Market is expected to grow at a decent pace in the following years. Mini splits and window/ portable together continue to contribute to the majority of share by volume.