© 2017 Global Market Insights, Inc. USA. All Rights Reserved HVAC Centrifugal Compressors Market Growth, Application Analysis from 2017 to 2024

Global Market Scenario of HVAC Centrifugal Compressors Market  Chillers application is expected to value over USD 700 million by Hotels, shopping malls, commercial offices and hospitals are major application areas  Strategic government initiatives to promote economic cooling solutions, coupled with rising environmental concerns, will stimulate HVAC centrifugal systems penetration rate.  Implementation of certification programmes such as Leadership in Energy and Environmental Design (LEED) certified buildings will positively impact the industry expansion.  ncreasing commercialization, improving government finances and public funding in economies including India, Mexico, and South Africa will provide strong business outlook for HVAC centrifugal compressors industry. © 2017 Global Market Insights, Inc. USA. All Rights Reserved

 Rise in consumer purchasing power and economic growth in these countries expected to propel construction of new shopping malls and hotel chains over the forecast period.  Increasing adoption of cost effective measure to reduce global energy consumption and carbon footprint will trigger systems replacement demand. As per industry estimates, over 85% of U.S. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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 Heat pumps for industrial application accounted for over 70% industry share in Increasing demand for renewable energy sources along with government support through subsidies will propel the HVAC centrifugal systems growth. Shift in industry concern towards GHG emission effects from conventional warming equipment is the key factor supporting product application scope. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Regional Analysis:  Asia Pacific chillers market is expected to hold over 50% market share by Escalating demand for centralized cooling systems supported by large consumer base will drive regional HVAC centrifugal systems market size. The region accounts for over 60% of the world population and increasing infrastructural development will provide lucrative opportunities for manufacturers over the forecast period. Competitive Analysis:  Global industry share is fragmented in nature. Major players include Atlas Copco, Danfoss, Hitachi, Mitsubishi Heavy Industries, and SKF. Other key industry participants are Howden Group, Celeroton, Ingersoll Rand, GFA Compressors, and Elliott Group. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make an inquiry for purchasing this

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