The global HVAC linesets market is anticipated to grow significantly at a CAGR of 4.5% over the forecast period. The manufacturing processes in photographs require accurate control of temperature and humidity. The camera film is manufactured using cellulose esters. In addition, photographic paper is manufactured in monitored conditions as products are usually sensitive to differences occurring in temperature and humidity. Generally, several types of filters are employed to supply fresh cool air at the needed humidity and these types of filters are typically applied in conjunction with pre-filters. Additionally, printing and food industries also use HVAC systems. For instance, the printing industry uses the AC system when the humidity falls between 20% and 50%. It is considered very important to maintain proper humidity in a printing factory, as low humidity may lead to light prints while high humidity may cause blurring or blots. Specifically, for document printing industries, low humidity may affect paper quality as it makes paper turn out to be dry, as well as high humidity conditions, leading to printing ink drying gradually.
Further, HVAC has also been used for cold storage as the temperature, airborne dust particles, and humidity are controlled through ACs to prolong the food’s freshness. It has been evident in various cases that biscuits, pastries, and cakes take in moisture in high humidity conditions, increasing the risk for items not in the condition of being inedible. In high-humidity conditions, fungus and germs can flourish inside perishable foods. As a result, regulated conditions of temperature and humidity are necessary and raise the need for AC systems in these industries.
The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For an instance, in December 2019, Lennox International, Inc. expanded its ultra-low emission gas furnace line by introducing four furnaces, namely SL297NV, SL280NV, EL195NE, and EL180NE. The new products were developed to comply with the new California South Coast Air Quality Management District’s Rule 1111 and San Joaquin Valley Air Pollution Control District Ultra-Low NOx Rule 4905, which are focused on the reduction of nitrogen oxide emission.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Material Type
- By End-User
- By Implementation
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Carrier Corp., Daikin Industries, Ltd., Emerson Electric Co., Hitachi Ltd., Johnson Controls International plc, among others.
HVAC Linesets Market – Segmentation
By Material Type
- Copper
- Low Carbon
- Others
- By End-User
- Residential
- Commercial
- Industrial
By Implementation
- New Construction
- Retrofit
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HVAC Linesets Market – Segmentation by Region
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Carrier Corp.
- Daikin Industries, Ltd.
- Emerson Electric Co.
- Fujitsu General Ltd.
- Godrej & Boyce Manufacturing Co. Ltd.
- Gree Electric Appliances, Inc.
- Guangdong Chigo Air Conditioning Co., Ltd.
- Haier Electronics Group Co., Ltd.
- Hitachi Ltd.
- Hitachi, Ltd.
- Johnson Controls International plc
- Lennox International, Inc.
- LG Electronics Corp.
- Midea Group.
- Mitsubishi Electric Corp.
- Nortek Air Solutions, LLC
- Panasonic Corp.
- Samsung Group.
- Toshiba Corp.
- Trane Technologies
- United Technologies Corp.
- Voltas Ltd.
- York (Parent company Johnson Controls)
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Article source: https://article-realm.com/article/Business/62459-HVAC-Linesets-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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