Global HVAC Systems Market By Product (Cooling, Heating and Ventilation), By End User (Residential, Commercial, and Industrial), By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

The Global HVAC Systems Market size is expected to reach $191.1 billion by 2027, rising at a market growth of 5.5% CAGR during the forecast period. The HVAC systems are capable of offering cooling and heating to commercial as well as residential buildings. HVAC systems are located anywhere from single-family homes to submarines where they offer the measures for maintaining a healthy environment. These systems utilize fresh air from the outdoors to offer high indoor air quality, thereby gaining huge traction in new construction.

The V in HVAC, or ventilation, refers to the process of substituting or exchanging the air inside a space. This offers a superior quality of air indoors and includes the removal of moisture, heat, smoke, odors, dust, carbon dioxide, airborne bacteria, and other gases and temperature control & oxygen replenishment.

The demand for HVAC (Heating, ventilation, and air conditioning) is boosted by the emergence of unique & technically sophisticated products which are energy-efficient and can be accessed remotely. The growth of the global HVAC systems market is expected to be boosted by the utilization of natural refrigerants, like CO2, along with growing efforts by several governments around the world with an aim to support energy-efficient products. Moreover, the growth of the HVAC systems would be boosted by the paradigm shift towards the acceptance of energy-efficient air conditioners that can decrease costs and power wastage.

COVID-19 Impact Analysis

The outbreak of the global COVID-19 pandemic has created a devastating impact on the worldwide economy since the onset. In the first quarter of 2020, the growth of the global heating, ventilation, and cooling system market has witnessed a slowdown due to the outbreak of the COVID-19 pandemic. This is due to the stringent lockdown restrictions of various component manufacturing units across the countries like the U.S., Germany, Ireland, China, and others. The strict lockdown measures had slowed down the manufacturing process but also decreased the customer demand for these devices.

Though, the demand for HVAC systems is directly proportional to air fillers across residential utilization, purified air supply across commercial buildings, and the reduction of suffocated air over industrial areas. In addition, various government bodies like the Federation of European Heating, Ventilation and Air Conditioning Association, ASHRAE, and others are installing mitigation tactics that would be helpful in decreasing the chances of this system becoming contaminated with the COVID-19 virus. This, as a result, would create new growth avenues for the growth & demand for these systems throughout the present pandemic.

Market Growth Factors:

HVAC systems offer superior Indoor Air Quality and help in energy conservation

The United States Environmental Protection Agency states that indoor air quality is approximately two to five times worse in comparison to outdoor air, majorly since there is a congestion of the airflow. This polluted air inside the home can cause colds to stay for a longer period and allergies to be more serious. An HVAC system can enhance air quality by consistently exchanging the indoor air with outdoor, fresh air that is also filtered for the best quality possible.

Technologically sophisticated HVAC systems

The growth of the global HVAC market is driven by the surge in demand for technologically sophisticated heating, ventilation, and cooling systems. The development in green-labeled products because of the rising environmental awareness has resulted in thermally driven air-conditioners. Makers like Lennox International Inc., Daikin Industries, Ltd., and others are providing these systems. These air-conditioners use both natural gas and solar energy, hence conforming to energy efficiency.

Market Restraining Factor:

Low availability of efficient labor to slow down the market growth

The growth of the market is expected to be hindered by the low availability of efficient technicians for HVAC systems. As per the Bureau of Labor Statistics, the U.S. has a low availability of above 70,000 technicians. Also, the companies are expected to witness approximately 115,000 new heating, ventilation, cooling, and refrigeration qualified technicians in the upcoming years.

Product Outlook

Based on Product, the market is segmented into Cooling, Heating and Ventilation. Heating units like heat pumps, boilers, and furnaces, are extensively utilized in commercial, residential, and industrial applications. Space heating, steam generation, molding, vaporization, floor & wall heating, and drying are some of the major applications of heating equipment. Therefore, the growth of this segment is expected to be boosted by those regions that have excessive cold climatic conditions and industries that need a heating process.

End User Outlook

Based on End User, the market is segmented into Residential, Commercial, and Industrial. The residential segment procured the highest revenue share of the HVAC Systems market in 2020. In addition, residential HVAC units are compact and have a simple installation in comparison to commercial or industrial units. The residential segment consists of equipment utilized in small spaces, like stores & restaurants, and houses.

HVAC Systems Market Report Coverage

Report Attribute	Details
Market size value in 2020	USD 126.9 Billion
Market size forecast in 2027	USD 191.1 Billion
Base Year	2020
Historical Period	2017 to 2019
Forecast Period	2021 to 2027
Revenue Growth Rate	CAGR of 5.5% from 2021 to 2027
Number of Pages	183
Number of Tables	263
Report coverage	Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling
Segments covered	Product, End User, Region
Country scope	US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers	HVAC systems offer superior Indoor Air Quality and help in energy conservation Technologically sophisticated HVAC systems
Restraints	Low availability of efficient labor to slow down the market growth

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America was the second-largest region in the HVAC systems market in 2020. Moreover, the region would showcase a moderate growth rate during the forecast period. The European market would display a promising growth rate, boosted by the thriving tourism industry and real estate industry in the region. Governments of various countries in both regions are encouraging the usage of energy-efficient systems by offering subsidies and tax advantages. Due to this, current customers are also updating new energy-efficient systems along with the new constructions.

KBV Cardinal Matrix - HVAC Systems Market Competition Analysis

Free Valuable Insights: Global HVAC Systems Market size to reach USD 191.1 Billion by 2027

The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Samsung Electronics Co, Ltd. are the forerunners in the HVAC Systems Market. Companies such as Carrier Corporation, Johnson Controls International Plc, and Hitachi Ltd. are some of the key innovators in the market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation, Johnson Controls International PLC, Hitachi, Ltd., Emerson Electric Co., Mitsubishi Electric Corporation, Trane Technologies PLC, Samsung Electronics Co., Ltd., Daikin Industries, Ltd., LG Electronics, Inc. and Lennox International, Inc.

Recent Strategies Deployed in HVAC Systems Market

Partnerships, Collaborations, and Agreements:

• Mar-2021: Carrier Global Corporation collaborated with Emerson, a global technology, software, and engineering leader providing innovative solutions. In this collaboration, Emerson joined the Carrier Alliance program, under which Emerson would continue to offer leading-edge software & technologies from its air conditioning and cold chain businesses like valves, compressors, and sensors, to a wide variety of products within the Carrier portfolio.
• Mar-2021: Carrier entered into an agreement with Watsco to form a joint venture. This joint venture was aimed to acquire Temperature Equipment Corporation (TEC), the largest Carrier distributor in the Midwest. This acquisition would align with Carrier Global's established mission to execute strategic bolt-on M&A and to extend its long-term relationships with TEC and Watsco. In addition, this joint venture would also enable the companies to continue to benefit from the entrepreneurial culture and their market position, which the Mungo family has built at TEC.
• Dec-2020: Carrier Global Corporation entered into an agreement with Danfoss, a Danish multinational company. In addition, Danfoss also joined the Carrier Alliance program. Under the agreement, Danfoss would supply numerous components that include valves, compressors, heat exchangers, and drives across Carrier’s HVAC and Refrigeration portfolios. The agreement also included that Danfoss would supply Carrier-branded replacement compressors.

Acquisitions and Mergers:

• Jun-2021: Carrier acquired a controlling stake of Guangdong Giwee Group and its subsidiaries that include Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. This acquisition aimed to expand Carrier's access to the swiftly expanding variable refrigerant flow (VRF) and light commercial market. Following this acquisition, Carrier also intended to expand Carrier's geographic footprint and market position.
• Dec-2020: Daikin Air-conditioning India took over the air handling business of Ahmedabad-based Citizen Industries. This acquisition aimed to improve Daikin's product positioning in the commercial air-conditioning market and also help the company to strengthen its presence in the expanding commercial air-conditioning market.
• Nov-2020: Emerson took over 7AC, provider of heating and air conditioning products and services. Under this acquisition, 7AC would offer a one-step solution, which demonstrates more energy efficiency and air quality than the prevailing top-class products.
• Jun-2020: Johnson Controls took over H&C Contracts Ltd, East Lancashire Refrigeration Ltd, and McDowall Air Conditioning Ltd. These acquisitions aimed to expand Johnson Controls’ business in the HVAC sector, enabling the company to expand its product portfolio and fill geographical service gaps across the UK and Ireland. These solutions were conventionally centered on the business-critical surrounding and in particular, large tonnage chillers.
• Apr-2020: Mitsubishi Electric Corporation took over all shares of AQS PRODUKTER AB, a comfort, process, and IT cooling and heat pump distributor in Sweden. This acquisition aimed to strengthen and expand Mitsubishi's offering on the Swedish market.
• Nov-2019: Johnson Controls took over EasyIO Building and Energy Management System. This acquisition aimed to make substantial growth opportunities as Johnson Controls leverages the EasyIO products and team in the Americas, Middle East, Europe, and APAC building automation markets, and also the global HVAC and refrigeration markets.

Product Launches and Product Expansions:

• Aug-2021: LG Air Conditioning Technologies USA launched two new splits Dedicated Outdoor Air System (DOAS) units. These units enable building owners and facility managers to effectively condition outside air for enhanced indoor air quality & comfort, without compromising on reliability, flexibility, or ease of integration. These new split DOAS models are built for compatibility with LG's Multi V Variable Refrigerant Flow (VRF) outdoor units and combine effortlessly with LG VRF controls.
• Jul-2021: Johnson Controls-Hitachi Air Conditioning India released SideSmart, the world’s first slim modular side throw VRF model air conditioner. SideSmart is a single module of 18 HP and with a modular combination of up to 72 HP. In addition, SideSmart is a heat pump type (-20°C to 52°C), made for providing brilliant performance in all seasons.
• Apr-2021: Lennox unveiled the Model L packaged rooftop line in the first-ever Lennox Commercial Product Showcase. The light commercial HVAC system features an all-new rooftop controller, the Lennox CORE Control System, and Service App. This Model L kicks off the rooftop revolution and sets up a standard for a premium light commercial product.
• Apr-2021: Lennox introduced Ultimate Comfort System, updated the whole-home heating and cooling system. The Ultimate Comfort System integrates the best of the Dave Lennox Signature Collection to develop an exclusive whole-home comfort system, which effortlessly and intelligently operates together to finely tuned the home and provide constantly clean, perfect air.
• Mar-2021: Hitachi introduced a new range of Room Air Conditioners for the new-age consumers. Through the expanded product portfolio, Hitachi Cooling & Heating India provides more innovations, which provide unparalleled indoor experience and improve comfort in life. With these technologically improved Room ACs, SET-FREE mini & Cassette models for premium residential & smaller commercial spaces, to more efficient SET-FREE Sigma & new Ductable air conditioning type models for big commercial buildings, the company provides excellent products, which can fulfill everyone's diverse needs.
• Jan-2021: Samsung released large capacity Variable Refrigerant Flow (VRF) air conditioning systems in India. This latest side discharge VRF system, DVM S Eco would provide an extremely efficient, quiet, and eco-friendly air conditioning solution and provide a dedicated single outdoor unit for affordable multi-room cooling.
• Nov-2020: Emerson unveiled a new line of Copeland scroll compressors for commercial comfort applications developed for the refrigerant R32. This latest compressor range would enable manufacturers to fulfill the needs from the Ecodesign directive and the F-Gas phasedown. This innovative compressor range is developed for industry-leading efficiency and reliability and is perfect for its customers and end-users to apply over a broad range of commercial applications like heat pumps, chillers, close control units, and rooftops.
• Aug-2020: Trane Technologies launched the Sintesis Balance CMAF, a fully electric single unit to heat and cool buildings. The air-cooled multi-pipe solution is a new model in the Sintesis suite of high-performance indoor climate systems by Trane, which is available for clients in the Middle East, Europe, and Africa.

Scope of the Study

Market Segments Covered in the Report:

By Product

• Cooling
• Heating
• Ventilation

By End User

• Residential
• Commercial
• Industrial

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Carrier Global Corporation,
• Johnson Controls International PLC,
• Hitachi, Ltd.,
• Emerson Electric Co.,
• Mitsubishi Electric Corporation,
• Trane Technologies PLC,
• Samsung Electronics Co., Ltd.,
• Daikin Industries, Ltd.,
• LG Electronics, Inc.
• Lennox International, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global HVAC Systems Market, by Product
1.4.2 Global HVAC Systems Market, by End User
1.4.3 Global HVAC Systems Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 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 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb – 2021, Aug) Leading Players

Chapter 4. Global HVAC Systems Market by Product
4.1 Global HVAC Systems Cooling Market by Region
4.2 Global HVAC Systems Heating Market by Region
4.3 Global HVAC Systems Ventilation Market by Region

Chapter 5. Global HVAC Systems Market by End User
5.1 Global Residential HVAC Systems Market by Region
5.2 Global Commercial HVAC Systems Market by Region
5.3 Global Industrial HVAC Systems Market by Region

Chapter 6. Global HVAC Systems Market by Region
6.1 North America HVAC Systems Market
6.1.1 North America HVAC Systems Market by Product
6.1.1.1 North America HVAC Systems Cooling Market by Country
6.1.1.2 North America HVAC Systems Heating Market by Country
6.1.1.3 North America HVAC Systems Ventilation Market by Country
6.1.2 North America HVAC Systems Market by End User
6.1.2.1 North America Residential HVAC Systems Market by Country
6.1.2.2 North America Commercial HVAC Systems Market by Country
6.1.2.3 North America Industrial HVAC Systems Market by Country
6.1.3 North America HVAC Systems Market by Country
6.1.3.1 US HVAC Systems Market
6.1.3.1.1 US HVAC Systems Market by Product
6.1.3.1.2 US HVAC Systems Market by End User
6.1.3.2 Canada HVAC Systems Market
6.1.3.2.1 Canada HVAC Systems Market by Product
6.1.3.2.2 Canada HVAC Systems Market by End User
6.1.3.3 Mexico HVAC Systems Market
6.1.3.3.1 Mexico HVAC Systems Market by Product
6.1.3.3.2 Mexico HVAC Systems Market by End User
6.1.3.4 Rest of North America HVAC Systems Market
6.1.3.4.1 Rest of North America HVAC Systems Market by Product
6.1.3.4.2 Rest of North America HVAC Systems Market by End User
6.2 Europe HVAC Systems Market
6.2.1 Europe HVAC Systems Market by Product
6.2.1.1 Europe HVAC Systems Cooling Market by Country
6.2.1.2 Europe HVAC Systems Heating Market by Country
6.2.1.3 Europe HVAC Systems Ventilation Market by Country
6.2.2 Europe HVAC Systems Market by End User
6.2.2.1 Europe Residential HVAC Systems Market by Country
6.2.2.2 Europe Commercial HVAC Systems Market by Country
6.2.2.3 Europe Industrial HVAC Systems Market by Country
6.2.3 Europe HVAC Systems Market by Country
6.2.3.1 Germany HVAC Systems Market
6.2.3.1.1 Germany HVAC Systems Market by Product
6.2.3.1.2 Germany HVAC Systems Market by End User
6.2.3.2 UK HVAC Systems Market
6.2.3.2.1 UK HVAC Systems Market by Product
6.2.3.2.2 UK HVAC Systems Market by End User
6.2.3.3 France HVAC Systems Market
6.2.3.3.1 France HVAC Systems Market by Product
6.2.3.3.2 France HVAC Systems Market by End User
6.2.3.4 Russia HVAC Systems Market
6.2.3.4.1 Russia HVAC Systems Market by Product
6.2.3.4.2 Russia HVAC Systems Market by End User
6.2.3.5 Spain HVAC Systems Market
6.2.3.5.1 Spain HVAC Systems Market by Product
6.2.3.5.2 Spain HVAC Systems Market by End User
6.2.3.6 Italy HVAC Systems Market
6.2.3.6.1 Italy HVAC Systems Market by Product
6.2.3.6.2 Italy HVAC Systems Market by End User
6.2.3.7 Rest of Europe HVAC Systems Market
6.2.3.7.1 Rest of Europe HVAC Systems Market by Product
6.2.3.7.2 Rest of Europe HVAC Systems Market by End User
6.3 Asia Pacific HVAC Systems Market
6.3.1 Asia Pacific HVAC Systems Market by Product
6.3.1.1 Asia Pacific HVAC Systems Cooling Market by Country
6.3.1.2 Asia Pacific HVAC Systems Heating Market by Country
6.3.1.3 Asia Pacific HVAC Systems Ventilation Market by Country
6.3.2 Asia Pacific HVAC Systems Market by End User
6.3.2.1 Asia Pacific Residential HVAC Systems Market by Country
6.3.2.2 Asia Pacific Commercial HVAC Systems Market by Country
6.3.2.3 Asia Pacific Industrial HVAC Systems Market by Country
6.3.3 Asia Pacific HVAC Systems Market by Country
6.3.3.1 China HVAC Systems Market
6.3.3.1.1 China HVAC Systems Market by Product
6.3.3.1.2 China HVAC Systems Market by End User
6.3.3.2 Japan HVAC Systems Market
6.3.3.2.1 Japan HVAC Systems Market by Product
6.3.3.2.2 Japan HVAC Systems Market by End User
6.3.3.3 India HVAC Systems Market
6.3.3.3.1 India HVAC Systems Market by Product
6.3.3.3.2 India HVAC Systems Market by End User
6.3.3.4 South Korea HVAC Systems Market
6.3.3.4.1 South Korea HVAC Systems Market by Product
6.3.3.4.2 South Korea HVAC Systems Market by End User
6.3.3.5 Singapore HVAC Systems Market
6.3.3.5.1 Singapore HVAC Systems Market by Product
6.3.3.5.2 Singapore HVAC Systems Market by End User
6.3.3.6 Malaysia HVAC Systems Market
6.3.3.6.1 Malaysia HVAC Systems Market by Product
6.3.3.6.2 Malaysia HVAC Systems Market by End User
6.3.3.7 Rest of Asia Pacific HVAC Systems Market
6.3.3.7.1 Rest of Asia Pacific HVAC Systems Market by Product
6.3.3.7.2 Rest of Asia Pacific HVAC Systems Market by End User
6.4 LAMEA HVAC Systems Market
6.4.1 LAMEA HVAC Systems Market by Product
6.4.1.1 LAMEA HVAC Systems Cooling Market by Country
6.4.1.2 LAMEA HVAC Systems Heating Market by Country
6.4.1.3 LAMEA HVAC Systems Ventilation Market by Country
6.4.2 LAMEA HVAC Systems Market by End User
6.4.2.1 LAMEA Residential HVAC Systems Market by Country
6.4.2.2 LAMEA Commercial HVAC Systems Market by Country
6.4.2.3 LAMEA Industrial HVAC Systems Market by Country
6.4.3 LAMEA HVAC Systems Market by Country
6.4.3.1 Brazil HVAC Systems Market
6.4.3.1.1 Brazil HVAC Systems Market by Product
6.4.3.1.2 Brazil HVAC Systems Market by End User
6.4.3.2 Argentina HVAC Systems Market
6.4.3.2.1 Argentina HVAC Systems Market by Product
6.4.3.2.2 Argentina HVAC Systems Market by End User
6.4.3.3 UAE HVAC Systems Market
6.4.3.3.1 UAE HVAC Systems Market by Product
6.4.3.3.2 UAE HVAC Systems Market by End User
6.4.3.4 Saudi Arabia HVAC Systems Market
6.4.3.4.1 Saudi Arabia HVAC Systems Market by Product
6.4.3.4.2 Saudi Arabia HVAC Systems Market by End User
6.4.3.5 South Africa HVAC Systems Market
6.4.3.5.1 South Africa HVAC Systems Market by Product
6.4.3.5.2 South Africa HVAC Systems Market by End User
6.4.3.6 Nigeria HVAC Systems Market
6.4.3.6.1 Nigeria HVAC Systems Market by Product
6.4.3.6.2 Nigeria HVAC Systems Market by End User
6.4.3.7 Rest of LAMEA HVAC Systems Market
6.4.3.7.1 Rest of LAMEA HVAC Systems Market by Product
6.4.3.7.2 Rest of LAMEA HVAC Systems Market by End User

Chapter 7. Company Profiles
7.1 Carrier Global Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisitions and Mergers:
7.1.5.3 Product Launches and Product Expansions:
7.2 Johnson Controls International PLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent Strategies and Developments:
7.2.5.1 Acquisitions and Mergers:
7.3 Hitachi, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent Strategies and Developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Emerson Electric Co.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent Strategies and Developments:
7.4.5.1 Acquisitions and Mergers:
7.4.5.2 Product Launches and Product Expansions:
7.5 Mitsubishi Electric Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent Strategies and Developments:
7.5.5.1 Acquisitions and Mergers:
7.5.6 SWOT Analysis
7.6 Trane Technologies PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent Strategies and Developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Samsung Electronics Co., Ltd. (Samsung Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent Strategies and Developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Daikin Industries, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional & Segmental Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent Strategies and Developments:
7.8.5.1 Acquisitions and Mergers:
7.8.5.2 Product Launches and Product Expansions:
7.8.6 SWOT Analysis
7.9 LG Electronics, Inc. (LG Corporation)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional & Segmental Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent Strategies and Developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. Lennox International, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent Strategies and Developments:
7.10.5.1 Product Launches and Product Expansions:

TABLE 1 Global HVAC Systems Market, 2017 - 2020, USD Million
TABLE 2 Global HVAC Systems Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– HVAC Systems Market
TABLE 4 Product Launches And Product Expansions– HVAC Systems Market
TABLE 5 Acquisition and Mergers– HVAC Systems Market
TABLE 6 Global HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 7 Global HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 8 Global HVAC Systems Cooling Market by Region, 2017 - 2020, USD Million
TABLE 9 Global HVAC Systems Cooling Market by Region, 2021 - 2027, USD Million
TABLE 10 Global HVAC Systems Heating Market by Region, 2017 - 2020, USD Million
TABLE 11 Global HVAC Systems Heating Market by Region, 2021 - 2027, USD Million
TABLE 12 Global HVAC Systems Ventilation Market by Region, 2017 - 2020, USD Million
TABLE 13 Global HVAC Systems Ventilation Market by Region, 2021 - 2027, USD Million
TABLE 14 Global HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 15 Global HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 16 Global Residential HVAC Systems Market by Region, 2017 - 2020, USD Million
TABLE 17 Global Residential HVAC Systems Market by Region, 2021 - 2027, USD Million
TABLE 18 Global Commercial HVAC Systems Market by Region, 2017 - 2020, USD Million
TABLE 19 Global Commercial HVAC Systems Market by Region, 2021 - 2027, USD Million
TABLE 20 Global Industrial HVAC Systems Market by Region, 2017 - 2020, USD Million
TABLE 21 Global Industrial HVAC Systems Market by Region, 2021 - 2027, USD Million
TABLE 22 Global HVAC Systems Market by Region, 2017 - 2020, USD Million
TABLE 23 Global HVAC Systems Market by Region, 2021 - 2027, USD Million
TABLE 24 North America HVAC Systems Market, 2017 - 2020, USD Million
TABLE 25 North America HVAC Systems Market, 2021 - 2027, USD Million
TABLE 26 North America HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 27 North America HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 28 North America HVAC Systems Cooling Market by Country, 2017 - 2020, USD Million
TABLE 29 North America HVAC Systems Cooling Market by Country, 2021 - 2027, USD Million
TABLE 30 North America HVAC Systems Heating Market by Country, 2017 - 2020, USD Million
TABLE 31 North America HVAC Systems Heating Market by Country, 2021 - 2027, USD Million
TABLE 32 North America HVAC Systems Ventilation Market by Country, 2017 - 2020, USD Million
TABLE 33 North America HVAC Systems Ventilation Market by Country, 2021 - 2027, USD Million
TABLE 34 North America HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 35 North America HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 36 North America Residential HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Residential HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Commercial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Commercial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Industrial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Industrial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 42 North America HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 43 North America HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 44 US HVAC Systems Market, 2017 - 2020, USD Million
TABLE 45 US HVAC Systems Market, 2021 - 2027, USD Million
TABLE 46 US HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 47 US HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 48 US HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 49 US HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 50 Canada HVAC Systems Market, 2017 - 2020, USD Million
TABLE 51 Canada HVAC Systems Market, 2021 - 2027, USD Million
TABLE 52 Canada HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 53 Canada HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 54 Canada HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 55 Canada HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 56 Mexico HVAC Systems Market, 2017 - 2020, USD Million
TABLE 57 Mexico HVAC Systems Market, 2021 - 2027, USD Million
TABLE 58 Mexico HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 59 Mexico HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 60 Mexico HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 61 Mexico HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 62 Rest of North America HVAC Systems Market, 2017 - 2020, USD Million
TABLE 63 Rest of North America HVAC Systems Market, 2021 - 2027, USD Million
TABLE 64 Rest of North America HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 65 Rest of North America HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 66 Rest of North America HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 67 Rest of North America HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 68 Europe HVAC Systems Market, 2017 - 2020, USD Million
TABLE 69 Europe HVAC Systems Market, 2021 - 2027, USD Million
TABLE 70 Europe HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 71 Europe HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 72 Europe HVAC Systems Cooling Market by Country, 2017 - 2020, USD Million
TABLE 73 Europe HVAC Systems Cooling Market by Country, 2021 - 2027, USD Million
TABLE 74 Europe HVAC Systems Heating Market by Country, 2017 - 2020, USD Million
TABLE 75 Europe HVAC Systems Heating Market by Country, 2021 - 2027, USD Million
TABLE 76 Europe HVAC Systems Ventilation Market by Country, 2017 - 2020, USD Million
TABLE 77 Europe HVAC Systems Ventilation Market by Country, 2021 - 2027, USD Million
TABLE 78 Europe HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 79 Europe HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 80 Europe Residential HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 81 Europe Residential HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 82 Europe Commercial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 83 Europe Commercial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 84 Europe Industrial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 85 Europe Industrial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 86 Europe HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 87 Europe HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 88 Germany HVAC Systems Market, 2017 - 2020, USD Million
TABLE 89 Germany HVAC Systems Market, 2021 - 2027, USD Million
TABLE 90 Germany HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 91 Germany HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 92 Germany HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 93 Germany HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 94 UK HVAC Systems Market, 2017 - 2020, USD Million
TABLE 95 UK HVAC Systems Market, 2021 - 2027, USD Million
TABLE 96 UK HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 97 UK HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 98 UK HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 99 UK HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 100 France HVAC Systems Market, 2017 - 2020, USD Million
TABLE 101 France HVAC Systems Market, 2021 - 2027, USD Million
TABLE 102 France HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 103 France HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 104 France HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 105 France HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 106 Russia HVAC Systems Market, 2017 - 2020, USD Million
TABLE 107 Russia HVAC Systems Market, 2021 - 2027, USD Million
TABLE 108 Russia HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 109 Russia HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 110 Russia HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 111 Russia HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 112 Spain HVAC Systems Market, 2017 - 2020, USD Million
TABLE 113 Spain HVAC Systems Market, 2021 - 2027, USD Million
TABLE 114 Spain HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 115 Spain HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 116 Spain HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 117 Spain HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 118 Italy HVAC Systems Market, 2017 - 2020, USD Million
TABLE 119 Italy HVAC Systems Market, 2021 - 2027, USD Million
TABLE 120 Italy HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 121 Italy HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 122 Italy HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 123 Italy HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 124 Rest of Europe HVAC Systems Market, 2017 - 2020, USD Million
TABLE 125 Rest of Europe HVAC Systems Market, 2021 - 2027, USD Million
TABLE 126 Rest of Europe HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 127 Rest of Europe HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 128 Rest of Europe HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 129 Rest of Europe HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 130 Asia Pacific HVAC Systems Market, 2017 - 2020, USD Million
TABLE 131 Asia Pacific HVAC Systems Market, 2021 - 2027, USD Million
TABLE 132 Asia Pacific HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 133 Asia Pacific HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 134 Asia Pacific HVAC Systems Cooling Market by Country, 2017 - 2020, USD Million
TABLE 135 Asia Pacific HVAC Systems Cooling Market by Country, 2021 - 2027, USD Million
TABLE 136 Asia Pacific HVAC Systems Heating Market by Country, 2017 - 2020, USD Million
TABLE 137 Asia Pacific HVAC Systems Heating Market by Country, 2021 - 2027, USD Million
TABLE 138 Asia Pacific HVAC Systems Ventilation Market by Country, 2017 - 2020, USD Million
TABLE 139 Asia Pacific HVAC Systems Ventilation Market by Country, 2021 - 2027, USD Million
TABLE 140 Asia Pacific HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 141 Asia Pacific HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 142 Asia Pacific Residential HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 143 Asia Pacific Residential HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 144 Asia Pacific Commercial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 145 Asia Pacific Commercial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 146 Asia Pacific Industrial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 147 Asia Pacific Industrial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 148 Asia Pacific HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 149 Asia Pacific HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 150 China HVAC Systems Market, 2017 - 2020, USD Million
TABLE 151 China HVAC Systems Market, 2021 - 2027, USD Million
TABLE 152 China HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 153 China HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 154 China HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 155 China HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 156 Japan HVAC Systems Market, 2017 - 2020, USD Million
TABLE 157 Japan HVAC Systems Market, 2021 - 2027, USD Million
TABLE 158 Japan HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 159 Japan HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 160 Japan HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 161 Japan HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 162 India HVAC Systems Market, 2017 - 2020, USD Million
TABLE 163 India HVAC Systems Market, 2021 - 2027, USD Million
TABLE 164 India HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 165 India HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 166 India HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 167 India HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 168 South Korea HVAC Systems Market, 2017 - 2020, USD Million
TABLE 169 South Korea HVAC Systems Market, 2021 - 2027, USD Million
TABLE 170 South Korea HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 171 South Korea HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 172 South Korea HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 173 South Korea HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 174 Singapore HVAC Systems Market, 2017 - 2020, USD Million
TABLE 175 Singapore HVAC Systems Market, 2021 - 2027, USD Million
TABLE 176 Singapore HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 177 Singapore HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 178 Singapore HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 179 Singapore HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 180 Malaysia HVAC Systems Market, 2017 - 2020, USD Million
TABLE 181 Malaysia HVAC Systems Market, 2021 - 2027, USD Million
TABLE 182 Malaysia HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 183 Malaysia HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 184 Malaysia HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 185 Malaysia HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 186 Rest of Asia Pacific HVAC Systems Market, 2017 - 2020, USD Million
TABLE 187 Rest of Asia Pacific HVAC Systems Market, 2021 - 2027, USD Million
TABLE 188 Rest of Asia Pacific HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 189 Rest of Asia Pacific HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 190 Rest of Asia Pacific HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 191 Rest of Asia Pacific HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 192 LAMEA HVAC Systems Market, 2017 - 2020, USD Million
TABLE 193 LAMEA HVAC Systems Market, 2021 - 2027, USD Million
TABLE 194 LAMEA HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 195 LAMEA HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 196 LAMEA HVAC Systems Cooling Market by Country, 2017 - 2020, USD Million
TABLE 197 LAMEA HVAC Systems Cooling Market by Country, 2021 - 2027, USD Million
TABLE 198 LAMEA HVAC Systems Heating Market by Country, 2017 - 2020, USD Million
TABLE 199 LAMEA HVAC Systems Heating Market by Country, 2021 - 2027, USD Million
TABLE 200 LAMEA HVAC Systems Ventilation Market by Country, 2017 - 2020, USD Million
TABLE 201 LAMEA HVAC Systems Ventilation Market by Country, 2021 - 2027, USD Million
TABLE 202 LAMEA HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 203 LAMEA HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 204 LAMEA Residential HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 205 LAMEA Residential HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 206 LAMEA Commercial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 207 LAMEA Commercial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 208 LAMEA Industrial HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 209 LAMEA Industrial HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 210 LAMEA HVAC Systems Market by Country, 2017 - 2020, USD Million
TABLE 211 LAMEA HVAC Systems Market by Country, 2021 - 2027, USD Million
TABLE 212 Brazil HVAC Systems Market, 2017 - 2020, USD Million
TABLE 213 Brazil HVAC Systems Market, 2021 - 2027, USD Million
TABLE 214 Brazil HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 215 Brazil HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 216 Brazil HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 217 Brazil HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 218 Argentina HVAC Systems Market, 2017 - 2020, USD Million
TABLE 219 Argentina HVAC Systems Market, 2021 - 2027, USD Million
TABLE 220 Argentina HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 221 Argentina HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 222 Argentina HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 223 Argentina HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 224 UAE HVAC Systems Market, 2017 - 2020, USD Million
TABLE 225 UAE HVAC Systems Market, 2021 - 2027, USD Million
TABLE 226 UAE HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 227 UAE HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 228 UAE HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 229 UAE HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 230 Saudi Arabia HVAC Systems Market, 2017 - 2020, USD Million
TABLE 231 Saudi Arabia HVAC Systems Market, 2021 - 2027, USD Million
TABLE 232 Saudi Arabia HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 233 Saudi Arabia HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 234 Saudi Arabia HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 235 Saudi Arabia HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 236 South Africa HVAC Systems Market, 2017 - 2020, USD Million
TABLE 237 South Africa HVAC Systems Market, 2021 - 2027, USD Million
TABLE 238 South Africa HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 239 South Africa HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 240 South Africa HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 241 South Africa HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 242 Nigeria HVAC Systems Market, 2017 - 2020, USD Million
TABLE 243 Nigeria HVAC Systems Market, 2021 - 2027, USD Million
TABLE 244 Nigeria HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 245 Nigeria HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 246 Nigeria HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 247 Nigeria HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 248 Rest of LAMEA HVAC Systems Market, 2017 - 2020, USD Million
TABLE 249 Rest of LAMEA HVAC Systems Market, 2021 - 2027, USD Million
TABLE 250 Rest of LAMEA HVAC Systems Market by Product, 2017 - 2020, USD Million
TABLE 251 Rest of LAMEA HVAC Systems Market by Product, 2021 - 2027, USD Million
TABLE 252 Rest of LAMEA HVAC Systems Market by End User, 2017 - 2020, USD Million
TABLE 253 Rest of LAMEA HVAC Systems Market by End User, 2021 - 2027, USD Million
TABLE 254 Key Information – Carrier Global Corporation
TABLE 255 Key Information – Johnson Controls International PLC
TABLE 256 Key Information – Hitachi, Ltd.
TABLE 257 Key Information – Emerson Electric Co.
TABLE 258 key information – Mitsubishi Electric Corporation
TABLE 259 Key Information – Trane Technologies PLC
TABLE 260 Key Information –Samsung Electronics Co., Ltd.
TABLE 261 Key information – Daikin Industries, Ltd.
TABLE 262 Key information – LG Electronics, Inc.
TABLE 263 Key information – Lennox International, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb – 2021, Aug) Leading Players
FIG 5 Recent Strategies and Developments: Carrier Global Corporation
FIG 6 SWOT Analysis: Mitsubishi Electric Corporation
FIG 7 Recent Strategies and Developments: Samsung Electronics Co., Ltd.
FIG 8 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 9 Recent Strategies and Developments: Daikin Industries Ltd.
FIG 10 SWOT Analysis: Daikin Industries Ltd.