HVAC Sensors Market main function of heating, ventilation, and air conditioning or HVAC system is to offer thermal comfort and maintain indoor air quality. HVAC systems can be used in both commercial and domestic environments. HVAC system imparts ventilation and maintains air pressure relationship. In HVAC system, a sensing device or a sensor is used to differentiate actual temperature with target temperature. HVAC sensors include monitoring and regulating of air pressure, air temperature and quality of air in residential and commercial buildings. Continuous development in technological field for introducing new categoryof sensors, is a major factor driving the growth of this market during the forecast period of 2017-2025.
Rising industrial buildings across the globe, creates a high demand for HVAC sensors. HVAC sensors and controllers helps to provide a smooth process of managing, maintaining and controlling the temperature inside a building. Growing need for humidity sensors and air quality sensors to balance the environment according to the outer climate, is a prime factor driving the growth of this market. Moreover, booming application of HVAC sensors in the automotive industry coupled with the advancement in non-residential construction business worldwide, is expected to propel the HVAC sensors market over the forecasted years. Rising need to achieve accuracy, comfort and safety in monitoring system, creates a huge demand for controllers and sensors in the HVAC or heat, ventilation, and air conditioning market. Further down, strict emission norms by government in countries like U.S. and Canada, further creates a huge requirement of temperature sensors in the automotive industries in this region.
Major applications of HVAC sensors mentioned in the report includes industry, residential buildings, commercial buildings and transport and logistics. The commercial buildings segment is further segmented as manufacturing plants, medical centers, retail shopping centers and others. Moreover,based on sensor type the market has been further divided as temperature sensors, air pressure sensors, smoke detectors, air quality CO2 sensors, humidity sensors, and occupancy sensors. The global HVAC sensors market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
Rising economic growth of emerging countries such as South Korea, China and India is provoking the demand for HVAC sensors in the Asia-Pacific region. Moreover, huge production and sales of HVAC sensors in this region, makes Asia-Pacific the largest market of HVAC sensors. North-America is the major region for utilization of HVAC sensors in research & development sector of various manufacturing industries. Further down, Europe is likely to witness high demand of HVAC sensors in automotive industries. Well-known automotive industries present in countries like Germany and Italy, makes the HVAC sensors market more demanding in Europe.
Some of the major players in the global HVAC sensors marketinclude Honeywell International Inc., Siemens AG, Johnson Controls, Schneider Electric, Emerson Electric and few others.
Global HVAC Sensors Market: By Sensor Type
Global HVAC Sensors Market: By Application
Global HVAC Sensors Market: By Geography