Lucintel Forecasts Global HVAC Sensor Market to Reach $5.0 billion by 2030.


Posted October 5, 2023 by Lucintel

According to a market report by Lucintel, the future of the global HVAC sensor market looks promising with opportunities in the commercial, residential, industrial, and transportation & logistics markets

 
According to a market report by Lucintel, the future of the global HVAC sensor market looks promising with opportunities in the commercial, residential, industrial, and transportation & logistics markets. The global HVAC sensor market is expected to reach an estimated $5.0 billion by 2030 with a CAGR of 6.5% from 2024 to 2030.
The major drivers for this market are rapid industrialization and urbanization, growing integration of these sensors with the internet of Things, and increasing investment by the government to develop energy-efficient buildings across the globe.
A more than 150 – page report is developed to understand trends, opportunity and forecast in HVAC sensor to 2030 by type (temperature sensors, humidity sensors, pressure sensors, and air quality sensors), application (commercial, residential, industrial, and transportation & logistics), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, temperature sensors, humidity sensors, pressure sensors, and air quality sensors are the major segments of HVAC sensor market by type. Lucintel forecast that temperature sensors is expected to witness highest growth over the forecast period.
Within this market, commercial will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Electrolux, Lennox, United Technologies, Nortek, Mitsubishi Electric, Honeywell, Johnson Controls, Samsung Electronics, Daikin, and Emerson are the major suppliers in the HVAC sensor market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags hvac sensor market
Last Updated October 5, 2023