出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年5月
HVAC System Market – Global Forecast To 2029
HVACシステム市場 : 冷房（ユニタリーエアコン、VRF）、暖房（ヒートポンプ、炉）、換気（AHU、エアフィルター）、サービスタイプ（設置、保守・修理）、実装タイプ（新築、改修） – 2029年までの世界予測
HVAC System Market by Cooling (Unitary Air Conditioner, VRF), Heating (Heat Pump, Furnace), Ventilation (AHU, Air Filter), Service Type (Installation, Maintenance & Repair), Implementation Type (New Construction, Retrofit) – Global Forecast to 2029
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Report Overview
The HVAC system market is projected to grow from USD 281.7 billion in 2024 to USD 389.9 billion in 2029; it is expected to grow at a CAGR of 6.7% during the forecasted period.
HVAC システム市場は、2024 年の 2,817 億米ドルから 2029 年には 3,899 億米ドルに成長すると予測されています。予測期間中に 6.7% の CAGR で成長すると予想されます。
The HVAC system market is growing worldwide due to factors like rapid urbanization, climate shifts, and technological innovations. The increase in disposable income, tighter energy regulations, and heightened awareness of air quality are also boosting demand. Furthermore, ongoing infrastructure projects and the rise of data centers play significant roles in this market expansion.
“New Construction buildings segment holds the largest market share by implementation type during the forecasted period.”
Government involvement is crucial in the HVAC market as it drives the adoption of HVAC systems due to urbanization and enforces compliance with regulations. The push for energy efficiency and eco-friendly buildings has led to stricter standards, such as ASHRAE Standard 90.1, which sets energy efficiency guidelines for US buildings. The Air Conditioning Contractors of America (ACCA) also plays a role in setting industry standards. Companies like Johnson Controls are investing in smart HVAC solutions, like the YORK Eco Advance and YORK Sun Premier, which reduce energy use and emissions in new construction projects.
“Air Filters holds the largest market share by Ventilation type during the forecasted period.”
Air filters are designed to improve air quality by capturing solid particulates and molecular contaminants, using materials like fiberglass or pleated paper enclosed in a cardboard frame. They help keep HVAC systems clean and efficient by trapping dirt, dust, pollen, mold, bacteria, and other microorganisms. Air filters are rated with the minimum efficiency reporting value (MERV) system, which ranges from 1 to 20, indicating how effectively the filter captures small particles. Higher MERV ratings offer better filtration but can also reduce airflow, potentially impacting HVAC system performance.
“Aisa Pacific to offer significant growth opportunities for HVAC system market between 2024 and 2029.”
China, Japan, and India are major contributors to the HVAC system market in the Asia Pacific region. This market growth is propelled by expanding construction projects and a rising population. The demand for smart homes is increasing in countries like Japan, South Korea, and China. Additionally, rapid urbanization and industrialization are driving the need for more HVAC systems. Regulatory efforts like Australia’s Commercial Building Disclosure (CBD) Program, India’s Energy Conservation Building Codes, and LEED-India, along with the Indian Society of Heating, Refrigerating, and Air-Conditioning Engineers (ISHRAE), are encouraging the adoption of HVAC systems throughout the region.
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 -38%, Tier 2 -28%, and Tier 3 – 34%
• By Designation: C-level Executives – 40%, D-Level Executives – 30%, and Others -30%
• By Region: North America – 35%, Europe -35%, Asia Pacific – 20%, ROW – 10%
The key players operating in the HVAC system market are DAIKIN INDUSTRIES (Japan), Johnson Controls (Ireland), LG Electronics (South Korea), Midea (China), Carrier (US).
Research Coverage:
This market research report delivers a thorough analysis of the HVAC system market, categorized by heating equipment, ventilation equipment, cooling equipment, application, implementation type, service type, and region. Key insights encompass identifying primary drivers and challenges influencing market growth, providing a reliable market forecast until 2029, and presenting a detailed competitive landscape analysis with key players strategically positioned in the HVAC system market ecosystem.
The research typically covers a range of topics, including market size, growth trends, and industry forecasts. It delves into technology advancements, regulatory frameworks, and emerging market segments. The research often includes competitive analysis, identifying key players and their market share, and explores factors driving or restraining market growth. This meticulous examination aims to furnish valuable insights for stakeholders to leverage opportunities and navigate potential challenges in the HVAC system market.
Key Benefits of Buying the Report
• Analysis of key drivers (Growing need for energy-saving HVAC system, Advancement in HVAC system, Increased construction activities in residential and industrial sectors), restraints (Elevated expenses associated with maintaining, repairing, and installing HVAC system), opportunities (Swift evolution of IoT within HVAC industry, Significant traction of VRF system in commercial and residential building), and challenges (Increase in Environmental concerns and aging infrastructure.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the HVAC system market
• Market Development: Comprehensive information about lucrative markets – the report analyses the HVAC system market across varied regions.
• Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the HVAC system market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like DAIKIN INDUSTRIES (Japan), Johnson Controls (Ireland), LG Electronics (South Korea), Midea (China), Carrier (US) among others in the HVAC system market.
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION AND SCOPE 29
1.2.1 INCLUSIONS AND EXCLUSIONS 30
1.3 STUDY SCOPE 30
1.3.1 MARKETS COVERED 30
1.3.2 REGIONAL SCOPE 31
1.3.3 YEARS CONSIDERED 31
1.4 CURRENCY 31
1.5 UNITS CONSIDERED 32
1.6 LIMITATIONS 32
1.7 MARKET STAKEHOLDERS 32
1.8 SUMMARY OF CHANGES 32
1.8.1 RECESSION IMPACT ON HVAC SYSTEM MARKET 33
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
2.1.1 SECONDARY DATA 36
2.1.1.1 List of major secondary sources 36
2.1.1.2 Key data from secondary sources 36
2.1.2 PRIMARY DATA 37
2.1.2.1 Intended participants and key opinion leaders in primary interviews 37
2.1.2.2 List of major participants in primary interviews 37
2.1.2.3 Key data from primary sources 38
2.1.2.4 Breakdown of primaries 38
2.1.3 SECONDARY AND PRIMARY RESEARCH 39
2.1.3.1 Key industry insights 40
2.2 MARKET SIZE ESTIMATION 40
2.2.1 BOTTOM-UP APPROACH 43
2.2.1.1 Approach for arriving at market size using bottom-up analysis 43
2.2.2 TOP-DOWN APPROACH 44
2.2.2.1 Approach for arriving at market size using top-down analysis 44
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 45
2.4 RESEARCH ASSUMPTIONS 46
2.5 RISK ASSESSMENT 46
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS 46
2.6 IMPACT OF RECESSION 47
TABLE 2 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON HVAC SYSTEM MARKET 47
2.7 LIMITATIONS OF RESEARCH 47
3 EXECUTIVE SUMMARY 48
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HVAC SYSTEM MARKET 54
4.2 NORTH AMERICA: HVAC SYSTEM MARKET, BY COUNTRY AND EQUIPMENT TYPE 55
4.3 HVAC SYSTEM MARKET FOR COMMERCIAL APPLICATIONS, BY TYPE 55
4.4 HVAC SYSTEM MARKET, BY COUNTRY 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing need for energy-saving HVAC systems 58
5.2.1.2 Increased construction activities in residential and industrial sectors 59
5.2.1.3 Government regulatory policies and incentives to ensure energy saving and conservation of natural resources 59
5.2.1.4 Growing demand for indoor and outdoor air quality 60
5.2.1.5 Advancements in HVAC systems 60
5.2.2 RESTRAINTS 61
5.2.2.1 Elevated expenses associated with maintaining, repairing, and installing HVAC systems 62
5.2.2.2 Restricted space for large HVAC systems in commercial and residential buildings 62
5.2.2.3 Insufficient technical expertise and shortage of skilled labor 63
5.2.3 OPPORTUNITIES 63
5.2.3.1 Swift evolution of IoT within HVAC industry 64
5.2.3.2 Significant traction of VRF systems in residential and commercial applications 64
5.2.3.3 Increased focus on next-generation low global warming potential refrigerants for HVAC systems 65
5.2.4 CHALLENGES 65
5.2.4.1 Lack of awareness about benefits of HVAC systems in developing countries 66
5.2.4.2 Increase in environmental concerns and aging infrastructure 66
5.3 VALUE CHAIN ANALYSIS 66
5.4 ECOSYSTEM ANALYSIS 68
TABLE 3 ROLE OF PLAYERS IN HVAC ECOSYSTEM 69
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 70
5.6 PRICING ANALYSIS 71
5.6.1 AVERAGE SELLING PRICE TREND OF HVAC SYSTEM EQUIPMENT, BY KEY APPLICATION 71
TABLE 4 AVERAGE SELLING PRICES OF HVAC SYSTEM EQUIPMENT, BY APPLICATION (USD) 71
5.6.2 AVERAGE SELLING PRICE TREND OF HVAC SYSTEM EQUIPMENT, BY REGION 72
5.7 TECHNOLOGY ANALYSIS 73
5.7.1 KEY TECHNOLOGIES 73
5.7.1.1 Air conditioning units 73
5.7.1.2 Heating units 74
5.7.1.3 Ventilation systems 74
5.7.2 COMPLEMENTARY TECHNOLOGIES 74
5.7.2.1 Sensors 74
5.7.2.2 Building automation systems 75
5.7.3 ADJACENT TECHNOLOGIES 75
5.7.3.1 Software technologies 75
5.7.3.2 HVAC systems running on renewable energy 75
5.8 PORTER’S FIVE FORCES ANALYSIS 76
TABLE 5 HVAC SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 76
5.8.1 INTENSITY OF COMPETITIVE RIVALRY 77
5.8.2 BARGAINING POWER OF SUPPLIERS 77
5.8.3 BARGAINING POWER OF BUYERS 77
5.8.4 THREAT OF SUBSTITUTES 77
5.8.5 THREAT OF NEW ENTRANTS 78
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 78
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 78
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY APPLICATIONS 78
5.9.2 BUYING CRITERIA 79
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 79
5.10 CASE STUDY ANALYSIS 79
5.10.1 CITY MULTI VRF ZONING SYSTEMS, HEAT2O HEAT PUMP WATER HEATER SYSTEMS, AND INTEGRATED CONTROLS FROM MITSUBISHI ELECTRIC 79
5.10.2 AC CONDENSER REPLACEMENT BY TOWNSEND ENERGY 80
5.10.3 CONDO RENTALS NEEDED SUPPLEMENTAL HEATING AND COOLING 80
5.10.4 TEMPERATURE CONTROL SOLUTION FOR RAILWAY CONTROL SYSTEM BY DAIKIN 80
5.10.5 MULTIPLE LG HIGH STATIC DUCTED SINGLE-ZONE UNITS PROVIDE EVEN TEMPERATURE YEAR-ROUND IN LARGE OPEN WAREHOUSE IN SOUTH GEORGIA 80
5.11 INVESTMENT AND FUNDING SCENARIO 81
5.12 TRADE ANALYSIS 81
TABLE 8 IMPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2019–2023 (USD THOUSAND) 82
TABLE 9 EXPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS FOR TOP 10 COUNTRIES, 2019–2023 (USD THOUSAND) 83
5.13 PATENT ANALYSIS 84
TABLE 10 HVAC SYSTEM MARKET: LIST OF PATENTS, 2024 84
TABLE 11 NUMBER OF PATENTS REGISTERED IN LAST 10 YEARS 87
5.14 KEY CONFERENCES AND EVENTS 87
TABLE 12 HVAC SYSTEM MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025 87
5.15 REGULATORY LANDSCAPE 88
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 16 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
5.15.2 STANDARDS AND REGULATIONS 92
5.15.2.1 Standards 92
5.15.2.2 Regulations 93
6 HVAC SYSTEM MARKET, BY COOLING EQUIPMENT 94
6.1 INTRODUCTION 95
TABLE 17 HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2020–2023 (USD BILLION) 95
TABLE 18 HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2024–2029 (USD BILLION) 96
TABLE 19 HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2020–2023 (MILLION UNITS) 96
TABLE 20 HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2024–2029 (MILLION UNITS) 96
6.2 UNITARY AIR CONDITIONERS 97
6.2.1 LOW COSTS AND SIMPLE INSTALLATION TO DRIVE MARKET 97
6.2.1.1 Split air conditioners 97
6.2.1.2 Packaged air conditioners 98
TABLE 21 UNITARY AIR CONDITIONERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 98
TABLE 22 UNITARY AIR CONDITIONERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 99
TABLE 23 UNITARY AIR CONDITIONERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 99
TABLE 24 UNITARY AIR CONDITIONERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 99
6.3 VRF SYSTEMS 100
6.3.1 GROWING POPULARITY DUE TO ENERGY EFFICIENCY, FLEXIBILITY, AND ZONING CAPABILITIES 100
TABLE 25 VRF SYSTEMS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 100
TABLE 26 VRF SYSTEMS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 101
TABLE 27 VRF SYSTEMS: HVAC SYSTEM MARKET, BY REGION, 2020–2023(USD BILLION) 101
TABLE 28 VRF SYSTEMS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 101
6.4 CHILLERS 102
6.4.1 RISE IN INFRASTRUCTURE PROJECTS TO DRIVE DEMAND FOR CHILLERS 102
6.4.1.1 Scroll chillers 102
6.4.1.2 Screw chillers 103
6.4.1.3 Centrifugal chillers 103
6.4.1.4 Reciprocating chillers 104
6.4.1.5 Absorption chillers 105
TABLE 29 CHILLERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 105
TABLE 30 CHILLERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 105
TABLE 31 CHILLERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 106
TABLE 32 CHILLERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029(USD BILLION) 106
6.5 ROOM AIR CONDITIONERS 106
6.5.1 SURGE IN DEMAND FOR ROOM AIR CONDITIONERS DUE TO RAPID URBANIZATION 106
TABLE 33 ROOM AIR CONDITIONERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 107
TABLE 34 ROOM AIR CONDITIONERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 108
TABLE 35 ROOM AIR CONDITIONERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023(USD MILLION) 108
TABLE 36 ROOM AIR CONDITIONERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029(USD MILLION) 108
6.6 COOLERS 109
6.6.1 REDUCED ELECTRICITY CONSUMPTION AND LOW COSTS TO FUEL MARKET GROWTH 109
6.6.1.1 Ducted coolers 109
6.6.1.2 Window coolers 110
TABLE 37 COOLERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 110
TABLE 38 COOLERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 110
TABLE 39 COOLERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 40 COOLERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 111
6.7 COOLING TOWERS 111
6.7.1 SURGING DEMAND FOR COOLING TOWERS IN INDUSTRIAL PROCESSES AND POWER GENERATION PLANTS TO DRIVE MARKET 111
6.7.1.1 Evaporative cooling towers 112
6.7.1.2 Dry cooling towers 112
6.7.1.3 Hybrid cooling towers 113
TABLE 41 COOLING TOWERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 114
TABLE 42 COOLING TOWERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 114
TABLE 43 COOLING TOWERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 44 COOLING TOWERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 115
7 HVAC SYSTEM MARKET, BY HEATING EQUIPMENT 116
7.1 INTRODUCTION 117
TABLE 45 HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2020–2023 (USD BILLION) 117
TABLE 46 HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2024–2029 (USD BILLION) 118
TABLE 47 HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2020–2023 (MILLION UNITS) 118
TABLE 48 HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2024–2029 (MILLION UNITS) 118
7.2 HEAT PUMPS 119
7.2.1 SIGNIFICANT REDUCTION OF GREENHOUSE GAS EMISSIONS TO PROPEL MARKET GROWTH 119
7.2.1.1 Air-to-air heat pumps 120
7.2.1.2 Air-to-water heat pumps 120
7.2.1.3 Water-to-water heat pumps 120
TABLE 49 HEAT PUMPS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 121
TABLE 50 HEAT PUMPS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 121
TABLE 51 HEAT PUMPS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 121
TABLE 52 HEAT PUMPS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 121
7.3 FURNACES 122
7.3.1 LOW COST AND HIGH EFFICIENCY TO FUEL DEMAND FOR FURNACES 122
7.3.1.1 Oil furnaces 122
7.3.1.2 Gas furnaces 123
7.3.1.3 Electric furnaces 123
TABLE 53 FURNACES: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 123
TABLE 54 FURNACES: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 123
TABLE 55 FURNACES: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 124
TABLE 56 FURNACES: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 124
7.4 UNITARY HEATERS 124
7.4.1 ENERGY EFFICIENCY AND COST-EFFECTIVENESS TO BOOST DEMAND FOR UNITARY HEATERS 124
7.4.1.1 Gas unit heaters 125
7.4.1.2 Oil-fired unit heaters 125
7.4.1.3 Electric unit heaters 125
TABLE 57 UNITARY HEATERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 125
TABLE 58 UNITARY HEATERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 126
TABLE 59 UNITARY HEATERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 126
TABLE 60 UNITARY HEATERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 126
7.5 BOILERS 126
7.5.1 GROWING FOCUS ON SUSTAINABILITY TO BOOST MARKET 126
7.5.1.1 Steam boilers 127
7.5.1.2 Hot water boilers 127
TABLE 61 BOILERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 128
TABLE 62 BOILERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 128
TABLE 63 BOILERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 128
TABLE 64 BOILERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 128
8 HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT 129
8.1 INTRODUCTION 130
TABLE 65 HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2020–2023 (USD BILLION) 130
TABLE 66 HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2024–2029 (USD BILLION) 131
TABLE 67 HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2020–2023 (MILLION UNITS) 131
TABLE 68 HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2024–2029(MILLION UNITS) 131
8.2 AIR-HANDLING UNITS 132
8.2.1 VARIABLE FREQUENCY DRIVES USED IN AIR-HANDLING UNITS TO CONTROL MOTOR SPEED 132
TABLE 69 AIR-HANDLING UNITS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 133
TABLE 70 AIR-HANDLING UNITS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 133
TABLE 71 AIR-HANDLING UNITS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 133
TABLE 72 AIR-HANDLING UNITS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 134
8.3 AIR FILTERS 134
8.3.1 GROWING EMPHASIS ON IMPROVING HOTEL GUEST EXPERIENCE TO BOOST MARKET 134
TABLE 73 AIR FILTERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 135
TABLE 74 AIR FILTERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 135
TABLE 75 AIR FILTERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 135
TABLE 76 AIR FILTERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 135
8.4 DEHUMIDIFIERS 136
8.4.1 GOVERNMENT REGULATIONS AND PROMOTION OF ENERGY-EFFICIENT PRODUCTS TO PROPEL MARKET GROWTH 136
8.4.1.1 Refrigeration dehumidifiers 136
8.4.1.2 Absorption dehumidifiers 137
TABLE 77 DEHUMIDIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 137
TABLE 78 DEHUMIDIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029(USD BILLION) 138
TABLE 79 DEHUMIDIFIERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 138
TABLE 80 DEHUMIDIFIERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 138
8.5 VENTILATION FANS 138
8.5.1 RISING HOT AND HUMID CONDITIONS TO BOOST DEMAND FOR VENTILATION FANS 138
8.5.1.1 Crossflow fans 139
8.5.1.2 Axial fans 140
8.5.1.3 Centrifugal fans 140
8.5.1.4 Domestic fans 140
8.5.1.5 Range hood fans 140
8.5.1.6 Power roof fans 141
TABLE 81 VENTILATION FANS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 141
TABLE 82 VENTILATION FANS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 141
TABLE 83 VENTILATION FANS: HVAC SYSTEM MARKET, BY REGION, 2020–2023(USD MILLION) 142
TABLE 84 VENTILATION FANS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 142
8.6 HUMIDIFIERS 142
8.6.1 CHANGING WEATHER PATTERNS AND INCREASING INDOOR AIR POLLUTION TO ACCELERATE MARKET GROWTH 142
8.6.1.1 Warm-mist humidifiers 143
8.6.1.2 Ultrasonic humidifiers 143
8.6.1.3 Cool-mist humidifiers 144
TABLE 85 HUMIDIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 144
TABLE 86 HUMIDIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 144
TABLE 87 HUMIDIFIERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD MILLION) 144
TABLE 88 HUMIDIFIERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 145
8.7 AIR PURIFIERS 145
8.7.1 RISING CONCERNS ABOUT AIR POLLUTION AND INDOOR AIR QUALITY TO DRIVE MARKET 145
8.7.1.1 HEPA air purifiers 146
8.7.1.2 Activated carbon air purifiers 146
8.7.1.3 Electrostatic air purifiers 146
8.7.1.4 Ionic air purifiers 146
TABLE 89 AIR PURIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 147
TABLE 90 AIR PURIFIERS: HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 147
TABLE 91 AIR PURIFIERS: HVAC SYSTEM MARKET, BY REGION, 2020–2023(USD MILLION) 147
TABLE 92 AIR PURIFIERS: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION) 148
9 HVAC SYSTEM MARKET, BY IMPLEMENTATION TYPE 149
9.1 INTRODUCTION 150
TABLE 93 HVAC SYSTEM MARKET, BY IMPLEMENTATION TYPE, 2020–2023 (USD BILLION) 150
TABLE 94 HVAC SYSTEM MARKET, BY IMPLEMENTATION TYPE, 2024–2029 (USD BILLION) 150
9.2 NEW CONSTRUCTION BUILDINGS 151
9.2.1 GOVERNMENT INITIATIVES TOWARD ECO-FRIENDLY BUILDINGS TO BOOST MARKET 151
9.3 RETROFIT BUILDINGS 152
9.3.1 GREEN BUILDING INITIATIVE TO BOLSTER MARKET 152
10 HVAC SYSTEM MARKET, BY SERVICE TYPE 154
10.1 INTRODUCTION 155
TABLE 95 HVAC SYSTEM MARKET, BY SERVICE TYPE, 2020–2023 (USD BILLION) 155
TABLE 96 HVAC SYSTEM MARKET, BY SERVICE TYPE, 2024–2029 (USD BILLION) 156
10.2 INSTALLATION SERVICES 156
10.2.1 PROFESSIONAL INSTALLATION SERVICES TO ENSURE OPTIMAL PERFORMANCE AND ENERGY EFFICIENCY OF HVAC SYSTEMS 156
10.3 MAINTENANCE & REPAIR SERVICES 156
10.3.1 PROMPT MAINTENANCE AND REPAIR TO ENSURE CONSISTENT COMFORT AND PERFORMANCE 156
10.4 UPGRADATION/REPLACEMENT SERVICES 157
10.4.1 UPGRADATION AND REPLACEMENT SERVICES TO HELP CLIENTS OPTIMIZE ENERGY USAGE 157
10.5 CONSULTING SERVICES 157
10.5.1 FEASIBILITY STUDIES, COST-BENEFIT ANALYSIS, AND PROJECT MANAGEMENT SUPPORT FOR HVAC INSTALLATIONS TO FUEL GROWTH 157
11 HVAC SYSTEM MARKET, BY APPLICATION 158
11.1 INTRODUCTION 159
TABLE 97 HVAC SYSTEM MARKET, BY APPLICATION, 2020–2023 (USD BILLION) 159
TABLE 98 HVAC SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD BILLION) 159
11.2 COMMERCIAL 160
11.2.1 GROWING ADOPTION OF ENERGY-EFFICIENT EQUIPMENT TO BOOST MARKET 160
TABLE 99 COMMERCIAL: HVAC SYSTEM MARKET, BY TYPE, 2020–2023 (USD BILLION) 161
TABLE 100 COMMERCIAL: HVAC SYSTEM MARKET, BY TYPE, 2024–2029 (USD BILLION) 161
TABLE 101 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2020–2023 (USD BILLION) 161
TABLE 102 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2024–2029 (USD BILLION) 162
TABLE 103 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2020–2023 (USD BILLION) 162
TABLE 104 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2024–2029 (USD BILLION) 162
TABLE 105 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2020–2023 (USD MILLION) 163
TABLE 106 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2024–2029 (USD MILLION) 163
11.2.1.1 Offices 163
11.2.1.2 Governments 164
11.2.1.3 Healthcare 164
11.2.1.4 Education 165
11.2.1.5 Retail 165
11.2.1.6 Airports 166
11.3 RESIDENTIAL 166
11.3.1 GOVERNMENT REGULATIONS AND TAX CREDIT PROGRAMS TO PROMOTE USE OF HVAC SYSTEMS IN RESIDENTIAL APPLICATIONS 166
TABLE 107 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2020–2023 (USD BILLION) 167
TABLE 108 RESIDENTIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2024–2029 (USD BILLION) 167
TABLE 109 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2020–2023 (USD BILLION) 168
TABLE 110 RESIDENTIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2024–2029 (USD BILLION) 168
TABLE 111 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2020–2023 (USD MILLION) 168
TABLE 112 RESIDENTIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2024–2029 (USD MILLION) 169
11.4 INDUSTRIAL 169
11.4.1 GROWING USE OF ENERGY-EFFICIENT HVAC SYSTEMS IN INDUSTRIAL SPACES TO REDUCE OPERATIONAL COSTS AND SAVE ENERGY 169
TABLE 113 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2020–2023 (USD MILLION) 170
TABLE 114 INDUSTRIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2024–2029 (USD MILLION) 170
TABLE 115 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2020–2023 (USD BILLION) 170
TABLE 116 INDUSTRIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2024–2029 (USD BILLION) 171
TABLE 117 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2020–2023 (USD MILLION) 171
TABLE 118 INDUSTRIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2024–2029 (USD MILLION) 171
12 HVAC SYSTEM MARKET, BY REGION 172
12.1 INTRODUCTION 173
TABLE 119 HVAC SYSTEM MARKET, BY REGION, 2020–2023 (USD BILLION) 173
TABLE 120 HVAC SYSTEM MARKET, BY REGION, 2024–2029 (USD BILLION) 174
TABLE 121 COOLING EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (MILLION UNITS) 174
TABLE 122 COOLING EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (MILLION UNITS) 174
TABLE 123 HEATING EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (MILLION UNITS) 175
TABLE 124 HEATING EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (MILLION UNITS) 175
TABLE 125 VENTILATION EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2020–2023 (MILLION UNITS) 175
TABLE 126 VENTILATION EQUIPMENT: HVAC SYSTEM MARKET, BY REGION, 2024–2029 (MILLION UNITS) 176
12.2 NORTH AMERICA 176
12.2.1 NORTH AMERICA: IMPACT OF RECESSION 177
TABLE 127 NORTH AMERICA: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2020–2023 (USD BILLION) 179
TABLE 128 NORTH AMERICA: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2024–2029 (USD BILLION) 179
TABLE 129 NORTH AMERICA: HVAC SYSTEM MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 179
TABLE 130 NORTH AMERICA: HVAC SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 179
12.2.2 US 180
12.2.2.1 Government initiatives and aim to reduce energy consumption to drive market 180
12.2.3 CANADA 181
12.2.3.1 Financial incentives for renewable heating and cooling to boost market 181
12.2.4 MEXICO 182
12.2.4.1 Increasing focus on promoting use of energy-efficient HVAC systems to propel market growth 182
12.3 EUROPE 182
12.3.1 EUROPE: IMPACT OF RECESSION 183
TABLE 131 EUROPE: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2020–2023 (USD BILLION) 184
TABLE 132 EUROPE: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2024–2029 (USD BILLION) 185
TABLE 133 EUROPE: HVAC SYSTEM MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 185
TABLE 134 EUROPE: HVAC SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 185
12.3.2 UK 185
12.3.2.1 Surging demand for houses and government initiatives to accelerate market growth 185
12.3.3 GERMANY 186
12.3.3.1 Increasing investments in real estate and infrastructure development to bolster market growth 186
12.3.4 FRANCE 187
12.3.4.1 Rising focus on reducing greenhouse gases to drive market 187
12.3.5 REST OF EUROPE 188
12.4 ASIA PACIFIC 188
12.4.1 ASIA PACIFIC: IMPACT OF RECESSION 189
TABLE 135 ASIA PACIFIC: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2020–2023 (USD BILLION) 190
TABLE 136 ASIA PACIFIC: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2024–2029 (USD BILLION) 191
TABLE 137 ASIA PACIFIC: HVAC SYSTEM MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 191
TABLE 138 ASIA PACIFIC: HVAC SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 191
12.4.2 CHINA 191
12.4.2.1 Growing industrialization and urbanization to boost market growth 191
12.4.3 JAPAN 193
12.4.3.1 Strict regulations for energy conservation to foster market growth 193
12.4.4 INDIA 193
12.4.4.1 Increasing awareness about energy preservation to bolster market growth 193
12.4.5 REST OF ASIA PACIFIC 194
12.5 REST OF THE WORLD (ROW) 195
12.5.1 REST OF THE WORLD: IMPACT OF RECESSION 195
TABLE 139 ROW: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2020–2023 (USD BILLION) 195
TABLE 140 ROW: HVAC SYSTEM MARKET, BY EQUIPMENT TYPE, 2024–2029 (USD BILLION) 196
TABLE 141 ROW: HVAC SYSTEM MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 196
TABLE 142 ROW: HVAC SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 196
12.5.2 SOUTH AMERICA 196
12.5.2.1 Rising focus on infrastructure development to propel market growth 196
12.5.3 MIDDLE EAST & AFRICA 197
12.5.3.1 Stringent regulations for enhancing energy performance of buildings to drive market 197
13 COMPETITIVE LANDSCAPE 198
13.1 OVERVIEW 198
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023 198
TABLE 143 OVERVIEW OF STRATEGIES ADOPTED BY KEY COMPANIES, 2021–2023 198
13.3 REVENUE ANALYSIS, 2019–2023 201
13.4 MARKET SHARE ANALYSIS, 2023 201
TABLE 144 HVAC SYSTEM MARKET: DEGREE OF COMPETITION, 2023 201
13.5 COMPANY VALUATION AND FINANCIAL METRICS 203
13.6 BRAND/PRODUCT COMPARISON 204
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 205
13.7.1 STARS 205
13.7.2 EMERGING LEADERS 205
13.7.3 PERVASIVE PLAYERS 205
13.7.4 PARTICIPANTS 205
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 207
13.7.5.1 Company footprint 207
13.7.5.2 Region footprint 208
TABLE 145 HVAC SYSTEM MARKET: REGION FOOTPRINT 208
13.7.5.3 Implementation type footprint 209
TABLE 146 HVAC SYSTEM MARKET: IMPLEMENTATION TYPE FOOTPRINT 209
13.7.5.4 Service type footprint 210
TABLE 147 HVAC SYSTEM MARKET: SERVICE TYPE FOOTPRINT 210
13.7.5.5 Application footprint 211
TABLE 148 HVAC SYSTEM MARKET: APPLICATION FOOTPRINT 211
13.7.5.6 Equipment footprint 212
TABLE 149 HVAC SYSTEM MARKET: EQUIPMENT FOOTPRINT 212
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 213
13.8.1 PROGRESSIVE COMPANIES 213
13.8.2 RESPONSIVE COMPANIES 213
13.8.3 DYNAMIC COMPANIES 213
13.8.4 STARTING BLOCKS 213
13.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023 215
13.8.5.1 Detailed list of startups/SMEs 215
TABLE 150 HVAC SYSTEM MARKET: LIST OF KEY STARTUPS/SMES 215
13.8.5.2 Competitive benchmarking of key startups/SMEs 216
TABLE 151 HVAC SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 216
13.9 COMPETITIVE SCENARIO AND TRENDS 217
13.9.1 PRODUCT LAUNCHES 217
TABLE 152 HVAC SYSTEM MARKET: PRODUCT LAUNCHES, JUNE 2022–MARCH 2024 217
13.9.2 DEALS 221
TABLE 153 HVAC SYSTEM MARKET: DEALS, DECEMBER 2022–APRIL 2024 221
14 COMPANY PROFILES 223
14.1 KEY PLAYERS 223
14.1.1 DAIKIN INDUSTRIES 223
TABLE 154 DAIKIN INDUSTRIES: COMPANY OVERVIEW 223
TABLE 155 DAIKIN INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 156 DAIKIN INDUSTRIES: PRODUCT LAUNCHES 227
TABLE 157 DAIKIN INDUSTRIES: DEALS 227
14.1.2 JOHNSON CONTROLS 229
TABLE 158 JOHNSON CONTROLS: COMPANY OVERVIEW 229
TABLE 159 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
TABLE 160 JOHNSON CONTROLS: PRODUCT LAUNCHES 232
TABLE 161 JOHNSON CONTROLS: DEALS 233
14.1.3 LG ELECTRONICS 235
TABLE 162 LG ELECTRONICS: COMPANY OVERVIEW 235
TABLE 163 LG ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 164 LG ELECTRONICS: PRODUCT LAUNCHES 239
14.1.4 MIDEA 241
TABLE 165 MIDEA: COMPANY OVERVIEW 241
TABLE 166 MIDEA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 167 MIDEA: PRODUCT LAUNCHES 245
TABLE 168 MIDEA: DEALS 246
14.1.5 CARRIER 248
TABLE 169 CARRIER: COMPANY OVERVIEW 248
TABLE 170 CARRIER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 250
TABLE 171 CARRIER: PRODUCT LAUNCHES 253
TABLE 172 CARRIER: DEALS 254
14.1.6 TRANE TECHNOLOGIES PLC 257
TABLE 173 TRANE TECHNOLOGIES PLC: COMPANY OVERVIEW 257
TABLE 174 TRANE TECHNOLOGIES PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 258
TABLE 175 TRANE TECHNOLOGIES PLC: PRODUCT LAUNCHES 260
TABLE 176 TRANE TECHNOLOGIES PLC: DEALS 261
14.1.7 HONEYWELL INTERNATIONAL INC 262
TABLE 177 HONEYWELL INTERNATIONAL INC: COMPANY OVERVIEW 262
TABLE 178 HONEYWELL INTERNATIONAL INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 264
TABLE 179 HONEYWELL INTERNATIONAL INC: PRODUCT LAUNCHES, NOVEMBER 2020 – DECEMBER 2021 265
TABLE 180 HONEYWELL INTERNATIONAL INC: DEALS, DECEMBER 2023 – FEBRUARY 2024 266
14.1.8 MITSUBISHI ELECTRIC CORPORATION 267
TABLE 181 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 267
TABLE 182 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 183 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES 270
TABLE 184 MITSUBISHI ELECTRIC CORPORATION: DEALS 271
14.1.9 SAMSUNG ELECTRONICS CO., LTD. 272
TABLE 185 SAMSUNG ELECTRONICS CO., LTD.: COMPANY OVERVIEW 272
TABLE 186 SAMSUNG ELECTRONICS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 274
TABLE 187 SAMSUNG ELECTRONICS CO., LTD.: PRODUCT LAUNCHES 274
14.1.10 MADISON AIR 275
TABLE 188 MADISON AIR: COMPANY OVERVIEW 275
TABLE 189 MADISON AIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 276
TABLE 190 MADISON AIR: PRODUCT LAUNCHES 277
TABLE 191 MADISON AIR: DEALS 277
14.2 OTHER PLAYERS 278
14.2.1 DANFOSS 278
14.2.2 FUJITSU GENERAL GROUP 279
14.2.3 GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI 279
14.2.4 JOHNSON CONTROLS – HITACHI AIR CONDITIONING COMPANY 280
14.2.5 MODINE MANUFACTURING COMPANY 281
14.2.6 PANASONIC CORPORATION 282
14.2.7 HAIER GROUP 283
14.2.8 WHIRLPOOL CORPORATION 284
14.2.9 ELECTROLUX 285
14.2.10 LENNOX INTERNATIONAL, INC. 286
14.2.11 FERROLI 287
14.2.12 BOSCH 288
14.2.13 RHEEM MANUFACTURING COMPANY 289
14.2.14 AMERICAN STANDARD HEATING AND AIR CONDITIONING 289
14.2.15 WM TECHNOLOGIES LLC 290
15 APPENDIX 291
15.1 DISCUSSION GUIDE 291
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 294
15.3 CUSTOMIZATION OPTIONS 296
15.4 RELATED REPORTS 296
15.5 AUTHOR DETAILS 297