India HVAC Sensors and Controllers Market was valued US$ Mn in 2019 and is expected to reach US$ Mn by 2027, at CAGR of % during forecast period of 2020 to 2027.
India HVAC Sensors and Controllers Market
India HVAC Sensors and Controllers Market Drivers and Restrains:
The HVAC sensors and controllers are an important part of HVAC system, which allow to maintain the indoor comfort. Demand for HVAC sensor and controllers are rising owing to rapid urbanization, an increase in construction sector spending, and rising disposable incomes across country. Growing industrial development have face issues to maintain indoor air quality is projected to boost the India HVAC sensor and controllers market during the forecast period. E.g., the Government of India has started a smart city mission, which focuses on developing the cities to make them energy-efficient, and sustainable along with improving the quality of living in these cities. The development of smart cities plays an important role for future sustainability in terms of energy due to the depleting resources and increasing population.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
However, high investment for HVAC sensor and controllers and lack of awareness about the benefits of HVAC system are hampering the market growth at the India level. Growing demand for cloud computing in HVAC and increasing adoption of smart devices are likely to create lucrative opportunities in the India HVAC sensors and controllers market. Upgrading complexity in existing HVAC system is the key challenge for the India HVAC sensors and controllers market during the forecast period.
India HVAC Sensors and Controllers Market Segmentation Analysis:
Based on the application, the commercial segment held a major share of % in the HVAC Sensors and Controllers market in 2019 and is estimated to generate more than US$ Mn market revenue by 2027, with a CAGR of %. Government initiatives that encourage use of environmental friendly HVAC systems, an increased implementation of building management systems in commercial buildings, and availability of energy efficient HVAC systems are driving market demand in the commercial segment. This device in commercial buildings confirm switching on or off the HVAC equipment in a specific area that is not currently occupied.
The objective of the report is to present a comprehensive analysis of India HVAC Sensors and Controllers market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India HVAC Sensors and Controllers market dynamics, structure by analyzing the market segments and project the India HVAC Sensors and Controllers market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the India HVAC Sensors and Controllers market make the report investor’s guide.
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Scope of the India HVAC Sensors and Controllers Market:
India HVAC Sensors and Controllers Market, by Sensors:
• Temperature sensors
• Pressure sensors
• Occupancy sensors
• Humidity sensors
• Gas & volatile organic compounds sensors
India HVAC Sensors and Controllers Market, by Controllers:
• Temperature Controllers
• Humidity Controllers
• Enthalpy Controllers
• Universal Controllers
India HVAC Sensors and Controllers Market, by Implementation Type:
• New construction
India HVAC Sensors and Controllers Market, by Application:
• Transportation & logistics
India HVAC Sensors and Controllers Market, Major Players:
• Honeywell International Inc.
• Siemens AG
• Johnson Controls
• Sensata Technologies Inc.
• Sensirion AG
• Emerson Electric
• Schneider Electric
• Greystone Energy Systems Inc.
• United Technologies Corporation
• Infineon Technologies AG
• Mitsubishi Electric Corporation
• Ingersoll-Rand plc
• Lennox International
• Delta Controls
• Distech Controls
• KMC Controls
• Daikin Industries
• LG Electronics
• Jackson Systems
• Belimo Holding AG
• Apollo America
• ICM Controls
• Azbil Corporation
• Sauter AG
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