Global HVAC Sensors Market Growth 2023-2029

Global HVAC Sensors Market Growth 2023-2029

HVAC Sensors are the sensors work in HVAC system. The main HVAC Sensors include: Temperature Sensors, Humidity Sensors, Pressure Sensors, and Air Quality Sensors among others. It is widely used in Commercial, Residential, Industrial and Transportation & Logistics HVAC systems.

LPI (LP Information)' newest research report, the “HVAC Sensors Industry Forecast” looks at past sales and reviews total world HVAC Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected HVAC Sensors sales for 2023 through 2029. With HVAC Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVAC Sensors industry.

This Insight Report provides a comprehensive analysis of the global HVAC Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVAC Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HVAC Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVAC Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HVAC Sensors.

The global HVAC Sensors market size is projected to grow from US$ 2837 million in 2022 to US$ 4183.6 million in 2029; it is expected to grow at a CAGR of 4183.6 from 2023 to 2029.

For the major suppliers of HVAC Sensors, Siemens AG maintained its first place in the ranking. Siemens AG accounted for 15% of the Global HVAC Sensors sales market share in 2016. Other players accounted for 13%, 11% including Schneider Electric and Johnson Controls.

In this study, the market for HVAC Sensors divided into five geographic regions: In North America, total HVAC Sensors accounted for 32%. In the Europe, total HVAC Sensors accounted for 28.47 %. The market in China HVAC Sensors accounted for 15%, in Latin America 6%, in Other Asia 11% and in the Rest of World 5%.

The world's largest application of HVAC Sensors is in the Commercial sector, accounted for 43%, followed by Industrial with 22%, Transportation & Logistics with 17% and Residential with 17%.

This report presents a comprehensive overview, market shares, and growth opportunities of HVAC Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Temperature Sensors

Humidity Sensors

Pressure Sensors

Air Quality Sensors

Others

Segmentation by application

Commercial

Residential

Industrial

Transportation & Logistics

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Siemens AG

Schneider Electric

Johnson Controls

Honeywell International Inc.

Sensata Technologies Inc.

United Technologies Corporation

Ingersoll Rand

Emerson Electric

Sensirion AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global HVAC Sensors market?

What factors are driving HVAC Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HVAC Sensors market opportunities vary by end market size?

How does HVAC Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.