Dallas, Texas (PRWEB) July 25, 2014
One such major trend in this market is the increased use of green technology and renewable energy sources. Increased investment made by the major EU countries in clean energy projects is expected to contribute to the revenue of the HVAC Equipment market in Europe during the forecast period.
According to the report, the need to reduce energy and costs is one of the most prominent drivers of the market. Energy-efficient HVAC systems help in reducing energy costs. Therefore, many building owners are replacing their less efficient HVAC equipment with the latest technologically advanced HVAC equipment.
HVAC systems are primarily used in buildings to provide good indoor air quality through adequate ventilation and air filtration and to provide thermal comfort. They use equipment such as heat exchangers, pumps, and fans to control and regulate a room’s humidity and temperature. The systems are widely used in various industries/sectors such as the Construction and Infrastructure industry, the Data Center industry, and the Healthcare sector.
The HVAC Equipment market in Europe can be divided into three segments: Heating Equipment, Ventilation Equipment, and Air Conditioning Equipment. These types of equipment are utilized by residential, commercial, and industrial end-users.
Purchase this report for US $3000 only @ http://www.sandlerresearch.org/purchase?rname=19823.
The HVAC Equipment Market in Europe 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the HVAC Equipment market landscape in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the HVAC Equipment Market in Europe: Bosch Thermotechnik GmbH, Carrier Corp., Daikin Industries Ltd., Johnson Controls Inc. and Vaillant Group.
Other prominent vendors in the market are: Fujitsu Ltd., Hitachi Ltd., Ingersoll-Rand plc, Lennox International Inc., Mitsubishi Electric Corp.
Key Market Driver
Key Market Challenge
Key Market Trend
Further, the report states that increased vendor competition is one of the major challenges in the market. There are many local and regional HVAC equipment suppliers in Europe offering HVAC equipment at a relatively low rate compared with the large players. This is affecting the profit margins of local and regional vendors.
Key Questions Answered in this Report
Other New Reports by Infiniti:
Global Shunt Reactor Market 2014-2018: The Global Shunt Reactor market can be categorized on the basis of end-user into three segments: Electrical Utilities, Industrial (including Non-Utilities), and Others (Commercial, Government, and Residential).
Global Fieldbus Solution Market for Process Industry 2014-2018: Analysts forecast the Global Fieldbus Solution market for the Process Industry to grow at a CAGR of 13.78 percent over the period 2013-2018.
Global Power Tool Market 2014-2018: The Global Power Tools market can be segmented into three major products: Electric Power Tools, Pneumatic Power Tools, and Engine Driven and Other Power Tools. The other power tools include Hydraulic Power Tools and Powder-actuated Power Tools.
Explore other new reports on Construction Market.
Sandlerresearch.org is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.