The report categorizes the global industrial HVAC market into the following end-user segments:

• Manufacturing

• Food and beverage

• Pharmaceutical and biotechnology

• Others

MANUFACTURING

Technavio predicts the global industrial HVAC market for the manufacturing industry to grow at a CAGR of approximately 4 percent to reach $7.92 billion by 2020. Chemical, petrochemical, automotive, aerospace, semiconductor, textile, pulp and paper, metal processing, wood processing, and plastic and rubber manufacturers are the end-users considered part of the manufacturing industry segment. Of these, the highest demand for industrial HVAC systems is expected to come from automotive, pulp and paper, aviation, and textile over the next four years.

“The automotive industry is the primary end-user of industrial HVAC. In 2015, the global passenger car sales accounted for 88.86 million units. MNC [multinational corporation] automobile manufacturers such as Ford, Volkswagen, BMW, Toyota Motors, Honda Motors, Daimler, Fiat, and Tata Motors are making substantial investments in production facilities in developing countries such as India, Thailand, and Mexico. Thus, rising sales, greater demand for automobiles, and increased investment in the automotive industry will spur the need for capacity expansion, creating demand for HVAC systems over the next four years,” said Anju Ajaykumar, a lead analyst at Technavio.

FOOD AND BEVERAGE

The food and beverage industry requires extensive use of hygienic HVAC and effective cooling to ensure optimal processing of highly perishable products. Air quality also has a direct impact on the quality and durability of food and beverages. The majority of the demand for HVAC is expected to arise from meat processing plants equipped with advanced and energy-efficient air treatment units. The HVAC systems used in meat processing allow packaging of colds cuts almost at 0°C, and they also disinfect the air, enhancing plant productivity and product durability.

HVAC systems are primarily used to prevent air contamination in the food packaging industry. The packaged food industry uses a variety of materials such as plastic, glass, paperboard, and aluminum canning for products such as snack items, confectioneries, meat and seafood, fruits, cheese, vegetables, and condiments. The growth of this industry has a direct impact on the HVAC market in the food packaging industry. Therefore, the major demand for industrial HVAC is expected to arise due to growing demand for packaged foods and upgrading of HVAC systems to more energy-efficient systems.

PHARMACEUTICAL AND BIOTECHNOLOGY

The pharmaceutical and biotechnology industry requires a hygienic manufacturing environment to ensure safety. “The industry uses cleanrooms or controlled environments to manufacture medicines to prevent cross contamination between two different products or infection from microbial entry and to ensure improvement of product quality. HVAC systems provide a controlled environment for pharmaceutical and biotechnology manufacturing,” said Ajaykumar.

HVAC systems are used in various applications in the pharmaceutical and biotechnology industry including: manufacturing plants; cosmetics plants or sterile rooms; regenerative medicine also known as cell preparation rooms; cell preparation and culture rooms; and monitoring rooms.

OTHERS

The others segment comprises industries such as power (especially nuclear power plants), mining, poultry, and cement.

More information is available here.

Publication date: 5/23/2016