Dallas, Texas (PRWEB) July 04, 2014
The HVAC control system vendors are looking for opportunities to increase their market presence, as a result of increased competition, by differentiating their products from those of their competitors. This, in turn, has prompted vendors to spend more money on R&D activities to provide superior-quality and highly customized products that can effectively meet the specific requirements of customers. The increase in R&D activities by vendors also enables them to develop cost-effective products that will enhance their competitiveness in the market.
Analysts forecast the Global Advanced HVAC Control System market will grow at a CAGR of 10.44 percent over the period 2014-2018. According to the report, the increase in new construction activities is one of the major drivers. The rise in the global sales of homes and new buildings and the increase in the construction of skyscrapers have led to increased demand for advanced HVAC control systems and paved the way for market growth in recent years.
This report covers the present scenario and the growth prospects of the Global Advanced HVAC Control System market for the period 2014-2018. The Global Advanced HVAC Control System market can be divided into four major segments: Sensors, Field Devices, Floor-level Controllers, and Building-level Controllers.
The Global Advanced HVAC Control System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions and the Americas; it also covers the Global Advanced HVAC Control System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Market Driver
- Increasing Awareness about Energy Conservation.
Key Market Challenge
- Lack of Product Differentiation.
Key Market Trend
- Increasing Focus on R&D Activities.
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The report recognizes the following companies as the key players in Global Advanced HVAC Control Market: Honeywell International Inc., Johnson Controls Inc., Schneider Electric SA, Siemens AG , Azbil Corp., Delta Controls Inc., Distech Controls Inc., Innotech Systems Inc., KMC Controls, Inc., NanoSense, ReliableControls, Sauter AG, Trane Inc., Triatek Inc.
Further, the report states that the lack of product differentiation is one of the major challenges. There are several vendors in the market that offer similar products to end-users, which, in turn, creates intense competition among vendors.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits:
Exhibit 1: Global Advance HVAC Control System Market by Product Segmentation 2013
Exhibit 2: Market Research Methodology
Exhibit 3: Global Advance HVAC Control System Market 2013-2018 (US$ billion)
Exhibit 4: Global Advance HVAC Control System Market by End-user Segmentation 2013
Exhibit 5: Global Advance HVAC Control System Market by End-user Segmentation 2013
Exhibit 6: Global Advance HVAC Control System Market in the Commercial Sector 2013-2018
Exhibit 7: Global Advance HVAC Control System Market in the Residential Sector 2013-2018
Exhibit 8: Global Advance HVAC Control Systems Market by Geographical Segmentation 2013-2018
Exhibit 9: Advance HVAC Control Systems Market in the APAC Region 2013-2018 (US$ billion)
Exhibit 10: Advance HVAC Control Systems Market in the North America 2013-2018 (US$ billion)
Exhibit 11: Advance HVAC Control Systems Market in the Western Europe 2013-2018 (US$ billion)
Exhibit 12: Global Advanced HVAC Control System Market by Key Leading Countries 2013-2018
Exhibit 13: Advance HVAC Control System Market in China 2013-2018 (US$ billion)
Exhibit 14: Advance HVAC Control System Market in China 2013-2018 (US$ billion)
Exhibit 15: Advance HVAC Control System Market in China 2013-2018 (US$ billion)
Exhibit 16: Business Segmentation of Honeywell International Inc.
Exhibit 17: Revenue of Honeywell International Inc. by Business Segment 2010-2012 (US$ million)
Exhibit 18: Revenue of Honeywell International Inc. by Geographical Segment 2010-2011-2013 (US$ million)
Exhibit 19: Business Segmentation of Siemens AG 2013
Exhibit 20: Revenue of Siemens AG by Geographical Segmentation 2013
Exhibit 21: Revenue of Siemens AG by Business Segmentation 2013
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