HVAC Controls Uses - To Automate and Control Heating, Ventilation, an AC of Various Buildings

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MarketsandMarkets Presents

HVAC Controls Uses - To Automate and Control
Heating, Ventilation, an AC of Various
Buildings HVAC Controls Market with COVID-19
Impact by System (Temperature, Integrated
Controls), Component (Sensors, and Controllers
Controlled Devices), Implementation Type (New
Construction, Retrofit), Application, and
Geography - Global Forecast to 2025 https//www.m
arketsandmarkets.com/Market-Reports/smart-hvac-con
trols-market-130456761.html
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According to the new market research report "HVAC
Controls Market with COVID-19 Impact by System
(Temperature, Integrated Controls), Component
(Sensors, and Controllers Controlled Devices),
Implementation Type (New Construction, Retrofit),
Application, and Geography - Global Forecast to
2025", published by MarketsandMarkets, the
market is projected to grow from USD 14.8
billion in 2020 to USD 24.4 billion by 2025 it
is expected to grow at a CAGR of 10.5 from 2020
to 2025. HVAC controls are used to automate and
control heating, ventilation, and air
conditioning of various buildings. Controlled
equipment, sensors, and controlling devices, such
as thermostats, control valves, and controllers,
are generally used for this purpose. The growth
of this market is expected to be driven by the
consolidating trend of smart homes, accelerated
further by COVID-19 situation to boost HVAC
controls market growth, boom in the construction
sector, the emergence of IoT-enabled HVAC
systems, and the need to achieve energy
efficiency in buildings. These factors have
helped the HVAC controls market to gain traction
in applications, such as industrial, residential,
and commercial. Browse 153 market data Tables
and 64 Figures spread through 230 Pages and
in-depth TOC on "HVAC Controls Market with
COVID-19 Impact - Global Forecast to 2025"
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New construction segment held the largest share
of HVAC controls market in 2019 The HVAC controls
industry, based on implementation type, is led by
the new construction segment (in terms of size).
Rapid infrastructural developments, improved
standard of living, and increased focus on
developing energy-efficient HVAC systems are
fueling the growth of the HVAC controls market
for new construction. Various government
regulations to implement energy-efficient HVAC
systems and controls have resulted in the wide
adoption of HVAC controls in new buildings. Ask
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id130456761 The market for
integrated control system is expected to register
with highest growth rate during the forecast
period An integrated control system is a
combination of temperature, ventilation, light,
and other control systems. This combination
provides users with the benefit of different
features of different controls. Integrated
control systems are also expected to integrate
communication modes, such as Wi-Fi, cloud
computing, and the Internet of Things (IoT),
which would help in controlling, monitoring, and
maintaining HVAC systems from virtually anywhere.
The surge in the use of IoT in building
infrastructures and the demand for smart homes
are driving the growth of this market. Increasing
demand for energy efficiency in buildings is also
a major factor contributing to the growth of the
market for integrated control systems.
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APAC accounts for the largest market size during
the forecast period APAC held the largest HVAC
controls market share in 2019, followed by North
America and Europe. China is among the
fastest-growing economies in APAC, owing to its
huge population, followed by India. Japan is a
smaller country with respect to land size but is
a developed country and technologically advanced
compared with most countries in APAC.
Technological advancements and inclination toward
the use of energy-efficient products fuel the
growth of the HVAC controls market in Japan.
These factors are driving the growth of the HVAC
controls market in APAC. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id130456761 Some of the major HVAC
controls manufacturers based in Asia Pacific are
Daikin Industries (Japan), LG Electronics (South
Korea), Azbil (Japan), and Cubic Sensor and
Instrument Co., Ltd. (China).
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