dominate the global HVAC systems market , as there is more demand for air-conditioning and other cooling applications . Condensing boilers segment is anticipated to witness significant growth during the forecast period 2017-2023 , as they are far more energy efficient and cause less emissions .
Higher energy consumption by HVAC systems is a major restraint for the global HVAC market , as it make unaffordable to many consumers . High emissions from boiler based HVAC systems is another restraint for the global HVAC market , as stringent regulations are formulated for curbing emissions and improving energy efficiency . The countries with extreme weather conditions are expected to provide opportunities for major players in the market as consumers will need solutions for air-conditioning and heating . Construction boom is anticipated to provide growth opportunities for major players , especially in emerging economies . Eco-friendly and energy efficient systems are anticipated to provide growth opportunities as it will help the companies to meet the stringent regulations .
The leading players in the global HVAC System market include Daikin Industries Ltd , Electrolux AB , Johnson Controls Inc , Ingersoll-Rand Plc , LG Electronics ., Lennox International , Mitsubishi Electric , Nortek Inc , Qingdao Haier Co . Ltd , and SAMSUNG ELECTRONICS , United Technologies Corporation , and Whirlpool Corporation .
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