Scope of Report Product of Interest (POI): HVAC Heating, ventilation and air conditioning (HVAC) is a technology used to create a comfortable indoor environment with acceptable indoor air quality and thermal comfort. HVAC is considered to be an important part of residential buildings, single family homes, hotels, medium and large offices and industrial buildings. Primary function of HVAC is to provide thermal comfort along with the acceptable indoor air quality and reasonable maintenance cost. Market Segmentation END USE TYPE • Residential • Direct Expansion Systems Year Range • Commercial Real • Split Estate • Window Review Period • Institutional • Ductable Split • Marine & Offshore • VRF 2016 – 2019 • Oil & Gas • Cassette Base Year • Power • Other • Central Air Conditioning 2020 Systems Estimated Year REGION • Chillers • Boilers 2021 • Asia-Pacific • Cooling Towers • Europe • Air Handling Units Forecast Period • North America • Fan Coil Units 2022 – 2026 • South America • HVAC Control • Middle East & System Africa (MEA) • Others 2