Abstract
Summary
Australia & New Zealand HVAC Market Research Report Forecast to 2027
Market Overview
Australia & New Zealand HVAC Market is expected to register a 4.5% CAGR during the forecast period, 2021 to 2027, and is expected to reach USD 8,147.5 million in 2027.
Heating, ventilation, and air conditioning systems are overall alluded to as HVAC. It alludes to various structures, equipment, as well as technology that are utilized to improve solace inside, remembering for homes, workplaces, lobbies, and transport frameworks by keeping an ideal temperature. The critical advantages of the consideration of IoT in the energy area are the functional perceivability into HVAC apparatuses and approaches to decrease, by a huge degree, energy utilization. By incorporating savvy gadgets with movement sensors, for instance, HVAC workers for hire can get their gadgets to constantly screen inhabitants inside the structure.
Also, the increasing average disposable income of households in developing countries is another key driver of the Australia & New Zealand HVAC market. The economies of these countries are developing and expanding at a significant rate. Many commercial end users are making use of HVAC systems to cope with the ever-changing environmental problems which in turn is estimated to increase the demand for HVAC systems in these countries soon.
The growth of commercial bakeries and the increasing usage of non-stick utensils are driving the growth of the HVAC market. However, the rising trend of dining out is expected to restrain the growth of the Australia & New Zealand HVAC market. Moreover, onset of the Covid-19 lockdown and the growing trend of home cooking/baking is expected to act as a lucrative opportunity for the market.
Market Segmentation
The market by type is segmented into Heating, ventilation, and cooling. Heating accounted for a market size of USD 1350.0 million in 2020 and is expected to exhibit a CAGR of 3.6 % during the forecast period.
The Australia & New Zealand HVAC market based on Implementation Type is segmented into New Construction and Retrofit. The Australia & New Zealand HVAC Market has been segmented by end users into commercial, industrial, and residential. Industrial accounted for a market size of USD 1629.9 million in 2020 and is expected to exhibit a CAGR of 3.2% during the forecast period.
Regional Analysis
The report on the Australia & New Zealand HVAC market has been segmented based on Australia and New Zealand.
Australia accounted for a market size of USD 3882.7 million in 2020 and is expected to exhibit a CAGR of 4.8% during the forecast period. New Zealand accounted for a market size of USD 2301.0 million in 2020 and is expected to exhibit a CAGR of 4.0% during the forecast period.
Major Players
Ezy Air Conditioning & Heating Pty Ltd (EZYAIR), Australian Hydronic heating and Cooling (AHHAC), Daikin, Carrier Global Corporation, Johnson Controls, Siemens, Emerson, LG Electronics, Australian HVAC Services, Aquaheat New Zealand Limited (Aquaheat) among others are the major players operating in the Australia & New Zealand HVAC market.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 RISE OF IOT-ENABLED HVAC SYSTEMS
4.2.2 RISING PREFERENCE FOR CONDENSING BOILERS TO BOLSTER THE HVAC MARKET GROWTH
4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 LOW ADOPTION OF HVAC CONTROLS DUE TO LACK OF AWARENESS AMONG END USERS
4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 INCREASING DEMAND FOR CLOUD COMPUTING IN HVAC
4.5 CHALLENGE
4.5.1 DECLINING GROWTH IN HVAC MARKET DUE TO THE LIKELIHOOD OF SPREAD OF COVID-19 THROUGH THE OPERATION OF AIR-CONDITIONING AND VENTILATION SYSTEMS
4.6 IMPACT ANALYSIS OF COVID-19
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY/VALUE CHAIN ANALYSIS
5.1.1 RAW MATERIAL PROVIDERS
5.1.2 MANUFACTURING
5.1.3 DISTRIBUTORS & RETAILERS
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 BARGAINING POWER OF BUYERS
5.2.4 THREAT OF SUBSTITUTES
5.2.5 INTENSITY OF RIVALRY
6 AUSTRALIA & NEW ZEALAND HVAC MARKET, BY TYPE
6.1 OVERVIEW
6.2 HEATING
6.2.1 HEAT PUMPS
6.2.2 UNITARY HEATERS
6.2.3 BOILERS
6.2.4 FURNACES
6.3 VENTILATION
6.3.1 AIR HANDLING UNITS
6.3.2 AIR FILTERS
6.3.3 DEHUMIDIFIERS
6.3.4 HUMIDIFIERS
6.3.5 AIR PURIFIERS
6.3.6 VENTILATION FANS
6.4 COOLING
6.4.1 UNITARY AIR CONDITIONERS
6.4.2 VRF SYSTEMS
6.4.3 CHILLERS
6.4.4 ROOM AIR CONDITIONERS
6.4.5 COOLERS
6.4.6 COOLING TOWERS
7 AUSTRALIA & NEW ZEALAND HVAC MARKET, BY IMPLEMENTATION TYPE
7.1 OVERVIEW
7.2 NEW CONSTRUCTION
7.3 RETROFIT
8 AUSTRALIA & NEW ZEALAND HVAC MARKET, BY END USER
8.1 OVERVIEW
8.2 INDUSTRIAL
8.3 COMMERCIAL
8.3.1 OFFICE BUILDING
8.3.2 GOVERNMENT
8.3.3 HEALTHCARE
8.3.4 EDUCATION
8.3.5 AIRPORT
8.3.6 RETAIL
8.3.7 DATA CENTER
8.4 RESIDENTIAL
9 AUSTRALIA & NEW ZEALAND HVAC MARKET, BY COUNTRY
9.1 OVERVIEW
9.2 AUSTRALIA
9.3 NEW ZEALAND
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE OVERVIEW
10.2 MARKET STRATEGY
10.3 AUSTRALIA & NEW ZEALAND HVAC MARKET: COMPANY SHARE ANALYSIS
11 COMPANY PROFILE
11.1 EZY AIR CONDITIONING & HEATING PTY LTD (EZYAIR)
11.1.1 COMPANY OVERVIEW
11.1.2 FINANCIAL OVERVIEW
11.1.3 PRODUCTS OFFERED
11.1.4 KEY DEVELOPMENTS
11.1.5 SWOT ANALYSIS
11.2 AUSTRALIAN HYDRONIC HEATING AND COOLING (AHHAC)
11.2.1 COMPANY OVERVIEW
11.2.2 FINANCIAL OVERVIEW
11.2.3 PRODUCTS OFFERED
11.2.4 KEY DEVELOPMENTS
11.2.5 SWOT ANALYSIS
11.3 DAIKIN
11.3.1 COMPANY OVERVIEW
11.3.2 FINANCIAL OVERVIEW
11.3.3 PRODUCTS OFFERED
11.3.4 KEY DEVELOPMENTS
11.3.5 SWOT ANALYSIS
11.3.6 KEY STRATEGIES
11.4 CARRIER GLOBAL CORPORATION
11.4.1 COMPANY OVERVIEW
11.4.2 FINANCIAL OVERVIEW
11.4.3 PRODUCTS OFFERED
11.4.4 KEY DEVELOPMENTS
11.4.5 SWOT ANALYSIS
11.4.6 KEY STRATEGIES
11.5 JOHNSON CONTROLS
11.5.1 COMPANY OVERVIEW
11.5.2 FINANCIAL OVERVIEW
11.5.3 PRODUCTS OFFERED
11.5.4 KEY DEVELOPMENTS
11.5.5 SWOT ANALYSIS
11.5.6 KEY STRATEGIES
11.6 SIEMENS
11.6.1 COMPANY OVERVIEW
11.6.2 FINANCIAL OVERVIEW
11.6.3 PRODUCTS OFFERED
11.6.4 KEY DEVELOPMENTS
11.6.5 SWOT ANALYSIS
11.6.6 KEY STRATEGIES
11.7 EMERSON
11.7.1 COMPANY OVERVIEW
11.7.2 FINANCIAL OVERVIEW
11.7.3 PRODUCTS OFFERED
11.7.4 KEY DEVELOPMENTS
11.7.5 SWOT ANALYSIS
11.7.6 KEY STRATEGIES
11.8 LG ELECTRONICS
11.8.1 COMPANY OVERVIEW
11.8.2 FINANCIAL OVERVIEW
11.8.3 PRODUCTS OFFERED
11.8.4 SWOT ANALYSIS
11.8.5 KEY STRATEGIES
11.9 AUSTRALIAN HVAC SERVICES
11.9.1 COMPANY OVERVIEW
11.9.2 PRODUCTS OFFERED
11.10 AQUAHEAT NEW ZEALAND LIMITED (AQUAHEAT)
11.10.1 COMPANY OVERVIEW
11.10.2 PRODUCTS OFFERED
12 APPENDIX
12.1 REFERENCES