The Europe HVAC Controls Market would witness market growth of 8.7% CAGR during the forecast period (2022-2028).
Mechanical engineers, building services engineers, or building service designers evaluate, plan, and specify the HVAC systems for bigger structures. The systems are then manufactured, installed, and commissioned by specialized mechanical contractors and suppliers. For all sizes of structures, building permits and inspections of the installations for code compliance are typically necessary.
Building automation systems (BAS) can connect with more complex HVAC systems to give building owners additional control over the heating and cooling systems. From nearby or far away, the building owner may keep an eye on the system and respond to alarms it generates. From the BAS, the system can be configured differently or scheduled for occupancy. At times, the HVAC parts are under the direct control of the BAS. Different interfaces can be utilized, depending on the BAS.
The demand for HVAC equipment in the European areas, particularly in the United Kingdom, Germany, and France, is anticipated to rise as a result of government requirements pertaining to energy efficiency and the use of environmentally friendly refrigerants. Through new rules and alluring incentives, the German government is aggressively encouraging the rapid development and integration of efficient and renewable heating and cooling technology. In Germany, this advertising has caused a large market shift, which has contributed to the expansion of the heating and cooling sector.
The Germany market dominated the Europe HVAC Controls Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,864.5 million by 2028. The UK market is anticipated to grow a CAGR of 7.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.5% during (2022 - 2028).
Based on Application, the market is segmented into Commercial, Industrial, and Residential. Based on Component, the market is segmented into Controllers & Controlled Equipment and Sensors. Based on Implementation Type, the market is segmented into New Construction and Retrofit. Based on System, the market is segmented into Temperature Control System, Ventilation Control System, Humidity Control System, and Integrated Control System. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global HVAC Controls Market will Hit $28.9 Billion by 2028, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., LG Electronics, Inc. (LG Corporation), Siemens AG, Schneider Electric SE, Emerson Electric Co., Johnson Controls International PLC, Trane Technologies PLC, Daikin Industries, Ltd., Mitsubishi Electric Corporation, and Carrier Global Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Commercial
- Industrial
- Residential
By Component
- Controllers & Controlled Equipment
- Sensors
By Implementation Type
- New Construction
- Retrofit
By System
- Temperature Control System
- Ventilation Control System
- Humidity Control System
- Integrated Control System
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- LG Electronics, Inc. (LG Corporation)
- Siemens AG
- Schneider Electric SE
- Emerson Electric Co.
- Johnson Controls International PLC
- Trane Technologies PLC
- Daikin Industries, Ltd.
- Mitsubishi Electric Corporation
- Carrier Global Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe HVAC Controls Market, by Application
1.4.2 Europe HVAC Controls Market, by Component
1.4.3 Europe HVAC Controls Market, by Implementation Type
1.4.4 Europe HVAC Controls Market, by System
1.4.5 Europe HVAC Controls Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2020, Apr – 2022, Apr) Leading Players
Chapter 4. Europe HVAC Controls Market by Application
4.1 Europe Commercial Market by Country
4.2 Europe Industrial Market by Country
4.3 Europe Residential Market by Country
Chapter 5. Europe HVAC Controls Market by Component
5.1 Europe Controllers & Controlled Equipment Market by Country
5.2 Europe Sensors Market by Country
Chapter 6. Europe HVAC Controls Market by Implementation Type
6.1 Europe New Construction Market by Country
6.2 Europe Retrofit Market by Country
Chapter 7. Europe HVAC Controls Market by System
7.1 Europe Temperature Control System Market by Country
7.2 Europe Ventilation Control System Market by Country
7.3 Europe Humidty Control System Market by Country
7.4 Europe Integrated Control System Market by Country
Chapter 8. Europe HVAC Controls Market by Country
8.1 Germany HVAC Controls Market
8.1.1 Germany HVAC Controls Market by Application
8.1.2 Germany HVAC Controls Market by Component
8.1.3 Germany HVAC Controls Market by Implementation Type
8.1.4 Germany HVAC Controls Market by System
8.2 UK HVAC Controls Market
8.2.1 UK HVAC Controls Market by Application
8.2.2 UK HVAC Controls Market by Component
8.2.3 UK HVAC Controls Market by Implementation Type
8.2.4 UK HVAC Controls Market by System
8.3 France HVAC Controls Market
8.3.1 France HVAC Controls Market by Application
8.3.2 France HVAC Controls Market by Component
8.3.3 France HVAC Controls Market by Implementation Type
8.3.4 France HVAC Controls Market by System
8.4 Russia HVAC Controls Market
8.4.1 Russia HVAC Controls Market by Application
8.4.2 Russia HVAC Controls Market by Component
8.4.3 Russia HVAC Controls Market by Implementation Type
8.4.4 Russia HVAC Controls Market by System
8.5 Spain HVAC Controls Market
8.5.1 Spain HVAC Controls Market by Application
8.5.2 Spain HVAC Controls Market by Component
8.5.3 Spain HVAC Controls Market by Implementation Type
8.5.4 Spain HVAC Controls Market by System
8.6 Italy HVAC Controls Market
8.6.1 Italy HVAC Controls Market by Application
8.6.2 Italy HVAC Controls Market by Component
8.6.3 Italy HVAC Controls Market by Implementation Type
8.6.4 Italy HVAC Controls Market by System
8.7 Rest of Europe HVAC Controls Market
8.7.1 Rest of Europe HVAC Controls Market by Application
8.7.2 Rest of Europe HVAC Controls Market by Component
8.7.3 Rest of Europe HVAC Controls Market by Implementation Type
8.7.4 Rest of Europe HVAC Controls Market by System
Chapter 9. Company Profiles
9.1 Honeywell International, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 LG Electronics, Inc. (LG Corporation)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Siemens AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Schneider Electric SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Emerson Electric Co.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.6 Johnson Controls International PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental & Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.7 Trane Technologies PLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.8 Daikin Industries, Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional & Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.9 Mitsubishi Electric Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.10. Carrier Global Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
TABLE 1 Europe HVAC Controls Market, 2018 - 2021, USD Million
TABLE 2 Europe HVAC Controls Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– HVAC Controls Market
TABLE 4 Product Launches And Product Expansions– HVAC Controls Market
TABLE 5 Acquisition and Mergers– HVAC Controls Market
TABLE 6 Europe HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 7 Europe HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 8 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 15 Europe HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 16 Europe Controllers & Controlled Equipment Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Controllers & Controlled Equipment Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Sensors Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Sensors Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 21 Europe HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 22 Europe New Construction Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe New Construction Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Retrofit Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Retrofit Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 27 Europe HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 28 Europe Temperature Control System Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Temperature Control System Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Ventilation Control System Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Ventilation Control System Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Humidty Control System Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Humidty Control System Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Integrated Control System Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Integrated Control System Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe HVAC Controls Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe HVAC Controls Market by Country, 2022 - 2028, USD Million
TABLE 38 Germany HVAC Controls Market, 2018 - 2021, USD Million
TABLE 39 Germany HVAC Controls Market, 2022 - 2028, USD Million
TABLE 40 Germany HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 41 Germany HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 42 Germany HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 43 Germany HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 44 Germany HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 45 Germany HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 46 Germany HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 47 Germany HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 48 UK HVAC Controls Market, 2018 - 2021, USD Million
TABLE 49 UK HVAC Controls Market, 2022 - 2028, USD Million
TABLE 50 UK HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 51 UK HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 52 UK HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 53 UK HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 54 UK HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 55 UK HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 56 UK HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 57 UK HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 58 France HVAC Controls Market, 2018 - 2021, USD Million
TABLE 59 France HVAC Controls Market, 2022 - 2028, USD Million
TABLE 60 France HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 61 France HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 62 France HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 63 France HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 64 France HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 65 France HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 66 France HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 67 France HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 68 Russia HVAC Controls Market, 2018 - 2021, USD Million
TABLE 69 Russia HVAC Controls Market, 2022 - 2028, USD Million
TABLE 70 Russia HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 71 Russia HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 72 Russia HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 73 Russia HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 74 Russia HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 75 Russia HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 76 Russia HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 77 Russia HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 78 Spain HVAC Controls Market, 2018 - 2021, USD Million
TABLE 79 Spain HVAC Controls Market, 2022 - 2028, USD Million
TABLE 80 Spain HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 81 Spain HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 82 Spain HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 83 Spain HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 84 Spain HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 85 Spain HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 86 Spain HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 87 Spain HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 88 Italy HVAC Controls Market, 2018 - 2021, USD Million
TABLE 89 Italy HVAC Controls Market, 2022 - 2028, USD Million
TABLE 90 Italy HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 91 Italy HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 92 Italy HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 93 Italy HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 94 Italy HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 95 Italy HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 96 Italy HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 97 Italy HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 98 Rest of Europe HVAC Controls Market, 2018 - 2021, USD Million
TABLE 99 Rest of Europe HVAC Controls Market, 2022 - 2028, USD Million
TABLE 100 Rest of Europe HVAC Controls Market by Application, 2018 - 2021, USD Million
TABLE 101 Rest of Europe HVAC Controls Market by Application, 2022 - 2028, USD Million
TABLE 102 Rest of Europe HVAC Controls Market by Component, 2018 - 2021, USD Million
TABLE 103 Rest of Europe HVAC Controls Market by Component, 2022 - 2028, USD Million
TABLE 104 Rest of Europe HVAC Controls Market by Implementation Type, 2018 - 2021, USD Million
TABLE 105 Rest of Europe HVAC Controls Market by Implementation Type, 2022 - 2028, USD Million
TABLE 106 Rest of Europe HVAC Controls Market by System, 2018 - 2021, USD Million
TABLE 107 Rest of Europe HVAC Controls Market by System, 2022 - 2028, USD Million
TABLE 108 Key Information – Honeywell International, Inc.
TABLE 109 Key information – LG Electronics, Inc.
TABLE 110 Key Information – Siemens AG
TABLE 111 Key information – Schneider Electric SE
TABLE 112 Key Information – Emerson Electric Co.
TABLE 113 Key Information – Johnson Controls International PLC
TABLE 114 Key Information – Trane Technologies PLC
TABLE 115 Key information – Daikin Industries, Ltd.
TABLE 116 key information – Mitsubishi Electric Corporation
TABLE 117 Key Information – Carrier Global Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2020, Apr – 2022, Apr) Leading Players
FIG 6 Swot analysis: Honeywell international, inc.
FIG 7 Swot analysis: LG Corporation
FIG 8 Swot analysis: Siemens AG
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 Recent strategies and developments: Johnson Controls International PLC
FIG 11 Recent strategies and developments: Daikin Industries, Ltd.
FIG 12 Recent strategies and developments: Carrier Global Corporation