North America HVAC Controls Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component Type (Sensors, Controllers, Smart Vents, and Others), Installation Type (New Installation and Retrofit), System (Temperature Control System, Humidit

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from $3,000	135 Pages	The Insight Partners	October, 2022	TIP17492946

Best Price Guarantee
Price	from $3,000
Length	135 Pages
Publisher	The Insight Partners
Published Date	October, 2022
SKU	TIP17492946

North America HVAC Controls Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component Type (Sensors, Controllers, Smart Vents, and Others), Installation Type (New Installation and Retrofit), System (Temperature Control System, Humidity Control System, Ventilation Control System, and Integrated Control System), and End User (Residential, Commercial, and Industrial)

The North America HVAC controls market is expected to grow from US$ 2,192.26 million in 2022 to US$ 5,676.42 million by 2028; it is estimated to grow at a CAGR of 17.2% from 2022 to 2028.
The HVAC system is one of the major electricity consumers, particularly in commercial or residential buildings. At present, air conditioners and electric fans contribute to ~20% of the total electricity consumption in a building. As per International Energy Agency’s (IEA) report, the energy demand from air conditioners is expected to grow three times by 2050. According to the US Department of Energy (DOE), commercial buildings use energy worth US$ 190 billion annually. The growing energy demands from HVAC systems are resulting in rising electricity costs. Therefore, the HVAC manufacturers are seeking ways to enhance their products’ energy efficiency and offer tools to customers that can help them monitor their devices/systems. Implementation of IoT into the HVAC sector enables remote appliance control and significantly better customer-centric services. The main advantages of integrating IoT in the energy sector are the operational insight into HVAC appliances and techniques to significantly reduce energy usage. For instance, HVAC contractors can get their devices to monitor occupancy inside the building by combining smart devices with motion sensors. The system might recommend that the customer dial down the heating (or cooling) to save energy through an app message when there is no movement for an extended time inside the building. Moreover, the controls readily use the most recent networking and AI technologies, enabling them to gradually learn the preferences of the tenants and adapt to their comfort requirements. HVAC manufacturers aim to grow their market share by offering consumers intelligent HVAC solutions.
By introducing new features and technologies, vendors in the North America HVAC controls market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a good CAGR during the forecast period.
North America HVAC Controls Market Revenue and Forecast to 2028 (US$ Million )

North America HVAC Controls Market Segmentation

The North America HVAC controls market is segmented based on component type, installation, system, end user, and country. Based on component type, the market is segmented into sensors, controllers, smart vents, and others. The controllers segment dominated the market in 2022. Based on installation, the North America HVAC controls market is bifurcated into new installation and retrofit. The retrofit segment dominated the market in 2022. Based on system, the North America HVAC controls market is segmented into temperature control system, humidity control system, ventilation control system, and integrated control system. The humidity control system segment dominated the market in 2022. Based on end user, the North America HVAC controls market is segmented into residential, commercial, and industrial. The industrial segment dominated the market in 2022. Based on country, the North America HVAC controls market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.
Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Delta Controls; Distech Control; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc. by Altair are among the leading companies in the North America HVAC controls market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America HVAC controls market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America HVAC controls market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America HVAC controls market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

1. Introduction: 1.1 Scope of the Study; 1.2 The Insight Partners Research Report Guidance; 1.3 Market Segmentation; 1.3.1 North America HVAC Controls Market – By Component Type; 1.3.2 North America HVAC Controls Market – By Installation; 1.3.3 North America HVAC Controls Market – By Application; 1.3.4 Industrial North America HVAC Controls Market – By End User; 1.3.5 North America HVAC Controls Market – By Country
2. Key Takeaways
3. Research Methodology: 3.1 Coverage; 3.2 Secondary Research; 3.3 Primary Research
4. North America HVAC Controls Market Landscape: 4.1 Market Overview; 4.2 PEST Analysis; 4.2.1 North America; 4.3 Ecosystem Analysis; 4.4 Expert Opinion
5. North America HVAC Controls Market - Key Market Dynamics: 5.1 Market Drivers; 5.1.1 Growth in Construction Sector; 5.1.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems; 5.2 Market Restraints; 5.2.1 Lack of Awareness Among End-Users Leads to Low HVAC Controls Adoption; 5.3 Market Opportunities; 5.3.1 Rising Adoption of Cloud Computing in HVAC; 5.3.2 Development of Smart Cities; 5.4 Future Trends; 5.4.1 Advancement in Green Technology; 5.5 Impact Analysis of Drivers and Restraints
6. HVAC Controls Market – North America Market Analysis: 6.1 HVAC Controls Market North America Overview; 6.2 North America HVAC Controls Market Forecast and Analysis
7. North America HVAC Controls Market – Component: 7.1 Overview; 7.2 North America HVAC Controls Market, By Component (2021 And 2028); 7.3 Sensors; 7.3.1 Overview; 7.3.2 Sensors: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 7.4 Controllers; 7.4.1 Overview; 7.4.2 Controllers: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 7.5 Smart Vents; 7.5.1 Overview; 7.5.2 Smart Vents: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 7.6 Others; 7.6.1 Overview; 7.6.2 Others: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
8. North America HVAC Controls Market – by Installation Type: 8.1 Overview; 8.2 North America HVAC Controls Market, By Installation Type (2021 And 2028); 8.3 New Installation; 8.3.1 Overview; 8.3.2 New Installation: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 8.4 Retrofit; 8.4.1 Overview; 8.4.2 Retrofit: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
9. North America HVAC Controls Market Revenue and Forecast to 2028 – System: 9.1 Overview; 9.2 North America HVAC Controls Market, By System (2021 And 2028); 9.3 Temperature Control System; 9.3.1 Overview; 9.3.2 Temperature Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 9.4 Humidity Control System; 9.4.1 Overview; 9.4.2 Humidity Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 9.5 Ventilation Control System; 9.5.1 Overview; 9.5.2 Ventilation Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 9.6 Integrated Control System; 9.6.1 Overview; 9.6.2 Integrated Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
10. North America HVAC Controls Market – By End User: 10.1 Overview; 10.2 North America HVAC Controls Market, By End User (2021 And 2028); 10.3 Residential; 10.3.1 Overview; 10.3.2 Residential: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 10.4 Commercial; 10.4.1 Overview; 10.4.2 Commercial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million); 10.5 Industrial; 10.5.1 Overview; 10.5.2 Industrial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
11. North America HVAC Controls Market – by Country Analysis: 11.1 North America: HVAC Controls; 11.1.1 North America: HVAC Controls, by Key Country; 11.1.1.1 US: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million); 11.1.1.1.1 US: HVAC Controls, By Component; 11.1.1.1.2 US: HVAC Controls Market, By Installation Type; 11.1.1.1.3 US: HVAC Controls Market, By System; 11.1.1.1.4 US: HVAC Controls Market, By End User; 11.1.1.2 Canada: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million); 11.1.1.2.1 Canada: HVAC Controls, By Component; 11.1.1.2.2 Canada: HVAC Controls Market, By Installation Type; 11.1.1.2.3 Canada: HVAC Controls Market, By System; 11.1.1.2.4 Canada: HVAC Controls Market, By End User; 11.1.1.3 Mexico: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million); 11.1.1.3.1 Mexico: HVAC Controls, By Component; 11.1.1.3.2 Mexico: HVAC Controls Market, By Installation Type; 11.1.1.3.3 Mexico: HVAC Controls Market, By System; 11.1.1.3.4 Mexico: HVAC Controls Market, By End User
12. Industry Landscape: 12.1 Market Initiative; 12.2 Merger and Acquisition; 12.3 New Development
13. Company Profiles: 13.1 Carrier Global Corporation; 13.1.1 Key Facts; 13.1.2 Business Description; 13.1.3 Products and Services; 13.1.4 Financial Overview; 13.1.5 SWOT Analysis; 13.1.6 Key Developments; 13.2 DAIKIN INDUSTRIES, Ltd.; 13.2.1 Key Facts; 13.2.2 Business Description; 13.2.3 Products and Services; 13.2.4 Financial Overview; 13.2.5 SWOT Analysis; 13.2.6 Key Developments; 13.3 Delta Controls; 13.3.1 Key Facts; 13.3.2 Business Description; 13.3.3 Products and Services; 13.3.4 Financial Overview; 13.3.5 SWOT Analysis; 13.3.6 Key Developments; 13.4 Distech Controls; 13.4.1 Key Facts; 13.4.2 Business Description; 13.4.3 Products and Services; 13.4.4 Financial Overview; 13.4.5 SWOT Analysis; 13.4.6 Key Developments; 13.5 Emerson Electric Co.; 13.5.1 Key Facts; 13.5.2 Business Description; 13.5.3 Products and Services; 13.5.4 Financial Overview; 13.5.5 SWOT Analysis; 13.5.6 Key Developments; 13.6 Honeywell International Inc.; 13.6.1 Key Facts; 13.6.2 Business Description; 13.6.3 Products and Services; 13.6.4 Financial Overview; 13.6.5 SWOT Analysis; 13.6.6 Key Developments; 13.7 Johnson Controls, Inc.; 13.7.1 Key Facts; 13.7.2 Business Description; 13.7.3 Products and Services; 13.7.4 Financial Overview; 13.7.5 SWOT Analysis; 13.7.6 Key Developments; 13.8 Schneider Electric SE; 13.8.1 Key Facts; 13.8.2 Business Description; 13.8.3 Products and Services; 13.8.4 Financial Overview; 13.8.5 SWOT Analysis; 13.8.6 Key Developments; 13.9 Siemens AG; 13.9.1 Key Facts; 13.9.2 Business Description; 13.9.3 Products and Services; 13.9.4 Financial Overview; 13.9.5 SWOT Analysis; 13.9.6 Key Developments; 13.10 Lennox International Inc.; 13.10.1 Key Facts; 13.10.2 Business Description; 13.10.3 Products and Services; 13.10.4 Financial Overview; 13.10.5 SWOT Analysis; 13.10.6 Key Developments
14. Appendix: 14.1 About The Insight Partners; 14.2 Glossary
LIST OF TABLES: Table 1. North America HVAC Controls Market, Revenue and Forecast, 2019–2028 (US$ Million); Table 2. US: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million); Table 3. US: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million); Table 4. US: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million); Table 5. US: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million); Table 6. Canada: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million); Table 7. Canada: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million); Table 8. Canada: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million); Table 9. Canada: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million); Table 10. Mexico: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million); Table 11. Mexico: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million); Table 12. Mexico: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million); Table 13. Mexico: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million); Table 14. Glossary of Terms, HVAC Controls Market
LIST OF FIGURES: Figure 1. North America HVAC Controls Market Segmentation; Figure 2. North America HVAC Controls Market Segmentation – by Country; Figure 3. North America HVAC Controls Market Overview; Figure 4. North America HVAC Controls Market, By Component Type; Figure 5. North America HVAC Controls Market, By Installation; Figure 6. North America HVAC Controls Market, By Application; Figure 7. North America HVAC Controls Market, By End User; Figure 8. North America HVAC Controls Market, By Country; Figure 9. North America: PEST Analysis; Figure 10. North America HVAC Controls Market Ecosystem Analysis; Figure 11. North America Expert Opinion; Figure 12. North America HVAC Controls Market: Impact Analysis of Drivers and Restraints; Figure 13. North America HVAC Controls Market, Forecast and Analysis (US$ Million); Figure 14. North America HVAC Controls Market, By Component (2021 and 2028); Figure 15. North America Sensors: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 16. North America Controllers: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 17. North America Smart Vents: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 18. North America Others: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 19. North America HVAC Controls Market, By Installation Type (2021 and 2028); Figure 20. North America New Installation: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 21. North America Retrofit: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 22. North America HVAC Controls Market, By System (2021 and 2028); Figure 23. North America Temperature Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 24. North America Humidity Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 25. North America Ventilation Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 26. North America Integrated Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 27. North America HVAC Controls Market, By End User (2021 and 2028); Figure 28. North America Residential: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 29. North America Commercial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 30. North America Industrial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million); Figure 31. North America: HVAC Controls Market, by Key Country – Revenue (2021) (US$ Million); Figure 32. North America: HVAC Controls Revenue Share, by Key Country (2021 and 2028); Figure 33. US: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million); Figure 34. Canada: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million); Figure 35. Mexico: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)