Product Code: ETC005867 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Hvac System market currently, in 2023, has witnessed an HHI of 3460, Which has increased moderately as compared to the HHI of 2850 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore HVAC system market is estimated to reach USD 1.8 billion by 2026, growing at a CAGR of 5.2% during the forecast period (2020-2026). Factors such as growing awareness about energy efficiency and rising demand for air conditioners in commercial and residential buildings are driving the growth of this market. The government initiatives towards promoting sustainability through green building technologies is also expected to add impetus to the industrys development over the coming years. Additionally, increasing number of smart cities projects in Southeast Asian countries would provide further opportunities for businesses operating in this sector
Product wise, chillers registered a significant share in 2019 owing to their extensive use across industrial as well as commercial applications such as hospitals and large office complexes. Air handling units have been gaining traction due to its application across various industries including pharmaceuticals, food processing plants, etc., thereby augmenting the segmental growth prospects over the forecast timeline. Moreover, VRF Systems are projected to grow rapidly on account of fast adoption rate among customers due to its higher degree of flexibility compared with other conventional systems coupled with better energy savings capabilities
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore HVAC System Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore HVAC System Market Revenues & Volume, 2019 & 2026F |
3.3 Singapore HVAC System Market - Industry Life Cycle |
3.4 Singapore HVAC System Market - Porter's Five Forces |
3.5 Singapore HVAC System Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Singapore HVAC System Market Revenues & Volume Share, By End-User, 2019 & 2026F |
4 Singapore HVAC System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore HVAC System Market Trends |
6 Singapore HVAC System Market, By Types |
6.1 Singapore HVAC System Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore HVAC System Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Singapore HVAC System Market Revenues & Volume, By Heating, 2016 - 2026F |
6.1.4 Singapore HVAC System Market Revenues & Volume, By Cooling, 2016 - 2026F |
6.1.5 Singapore HVAC System Market Revenues & Volume, By Ventilation, 2016 - 2026F |
6.2 Singapore HVAC System Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Singapore HVAC System Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Singapore HVAC System Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.4 Singapore HVAC System Market Revenues & Volume, By Industrial, 2016 - 2026F |
7 Singapore HVAC System Market Import-Export Trade Statistics |
7.1 Singapore HVAC System Market Export to Major Countries |
7.2 Singapore HVAC System Market Imports from Major Countries |
8 Singapore HVAC System Market Key Performance Indicators |
9 Singapore HVAC System Market - Opportunity Assessment |
9.1 Singapore HVAC System Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Singapore HVAC System Market Opportunity Assessment, By End-User, 2019 & 2026F |
10 Singapore HVAC System Market - Competitive Landscape |
10.1 Singapore HVAC System Market Revenue Share, By Companies, 2019 |
10.2 Singapore HVAC System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |