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Energy-efficiency Targets and Connected Technology to Fuel Growth as Programmable HVAC Control Systems Stamp their Domination
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The North American HVAC controls market has been fueled by integration, energy efficiency, indoor air quality, and connectivity needs. The study analyses the market identifying key trends and market dynamics such as market drivers and restraints, the competitive landscape, and distribution channel. The forecast period is 2012 to 2022 with 2015 as the base year. The total market is segmented by stand-alone controls, programmable HVAC controls systems (largest segment), and thermostats, and their revenue forecasts and market share analyses are provided. Vertical markets comprising commercial, industrial, residential, and institutional end-user applications are discussed. The commercial sector contributed the most revenue among all verticals.
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