Growth analysis of electrical components and equipment



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Market dynamics

The market is driven by factors such as increasing demand for efficient and foolproof HVAC controls, inorganic growth of the global HVAC control systems market, and advancements in temperature control systems. However, the lack of skilled labor is hampering the growth of the market.

Company Profiles

The HVAC Control Systems Market report provides comprehensive information of major vendors including Azbil Corp., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, Lennox International Inc., Mitsubishi Electric Corp., Schneider Electric SE, Siemens AG and Trane Technologies plc.

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Competitive analysis
The competitive scenario provided in the HVAC Control Systems market report analyzes, evaluates, and positions the companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments, market share growth, etc.

Market segmentation

  • By product, the market is categorized into Segments – Sensors, Controlled Devices & Controllers HVAC Control Systems market share growth by the Sensors segment will be significant during the forecast period.
  • By end users – the market is categorized into segments – automotive, residential, commercial and industrial
  • By geography, the market is classified in APAC, North America, Europe, MEA and South America. APAC will have the largest share of the market.

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HVAC Control Systems Market Report Coverage

Cover of the report


Year of reference


Year-over-year growth in 2021


Forecast period

2021 to 2025


Acceleration to 6.09%

Number of pages


Incremental growth

$ 6.53 billion

Covered segments

Product, end user and geography

By product

  • Sensors
  • Controlled devices
  • Controllers

By end user

  • Automotive
  • Residential
  • Commercial
  • Industrial

By geography

  • APAC
  • MEA
  • Europe
  • North America
  • South America

Main topics covered:

  • Abstract
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation by product
  • Market segmentation by end user
  • Customer landscape
  • Geographic landscape
  • Supplier landscape
  • Supplier analysis
  • Annex

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.


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SOURCE Technavio

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