LAMEA HVAC Control Systems Market By Component (Controllers, Sensors and Controlled Devices) By Type (Temperature & Humidity Control, Ventilation Control and Integrated Control) By End User (Residential, Commercial and Industrial) By Country, Industry Analysis and Forecast, 2019 - 2025
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The Latin America, Middle East and Africa HVAC Control Systems Market would witness market growth of 13.1% CAGR during the forecast period (2019-2025).
The demand for HVAC controls market is projected to rise further during the forecast period. The growth of smart buildings and green buildings adoption increases the use of smart sensors and HVAC control devices, including programmable appliances, which would save a lot of energy in these buildings. For commercial buildings, the implementation of HVAC controls means that the HVAC equipment is turned on or off in a particular area that is not currently occupied. In an enormous commercial complex, not all areas are continuously occupied by a number of people; therefore, HVAC controls play an important role within sensing people's occupation in an area by enabling efficient energy use.
Companies concentrate on providing solutions that incorporate the ability to control temperature and humidity in a single unit. For example, Preservatech provides a Maxi T control unit designed to handle humidity and temperature, as well as an interactive display panel for ease of use. Similarly, Munters offers ML Plus standalone system for dehumidification and is integrated with control of temperature and humidity. The segment is projected to continue its dominance over the forecast period due to the advent of such systems that provide temperature and humidity regulation through single units.
Based on Component, the market is segmented into Controllers, Sensors and Controlled Devices. Based on Type, the market is segmented into Temperature & Humidity Control, Ventilation Control and Integrated Control. Based on End User, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include United Technologies Corporation, Emerson Electric Co., Delta Electronics, Inc., Honeywell International, Inc., Schneider Electric SE, Siemens AG, Johnson Controls International Plc., Mitsubishi Electric Corporation, Ingersoll-Rand Plc. and Lennox International, Inc.
Scope of the HVAC Control Systems Market Analysis
- Controlled Devices
- Temperature & Humidity Control
- Ventilation Control
- Integrated Control
By End User
- Saudi Arabia
- South Africa
- Rest of LAMEA
- United Technologies Corporation
- Emerson Electric Co.
- Delta Electronics, Inc.
- Honeywell International, Inc.
- Schneider Electric SE
- Siemens AG
- Johnson Controls International Plc.
- Mitsubishi Electric Corporation
- Ingersoll-Rand Plc.
- Lennox International, Inc.
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