Global Construction Equipment HVAC Market 2020-2025
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Global Construction Equipment HVAC Market 2020-2025

Last Updated:  Apr 25, 2025 | Study Period: 2020-2025

GLOBAL CONSTRUCTION EQUIPMENT HVAC MARKET

 

INTRODUCTION

HVAC is a fast evolving sector, with new technologies, environmental concerns, and a slew of new homeowner demands. Heating, ventilation, and air conditioning (HVAC) is an abbreviation that stands for heating, ventilation, and air conditioning. This means that the mechanical system keeps a building's indoor air quality comfortable and safe.

 

Construction Equipment HVAC Market, Construction Equipment HVAC Market Size, Construction Equipment HVAC Market Trends, Construction Equipment HVAC Market Forecast, Construction Equipment HVAC Market Risks, Construction Equipment HVAC Market Report, Construction Equipment HVAC Market Share

 

 

PRODUCT LAUNCH IN GLOBAL CONSTRUCTION EQUIPMENT HVAC MARKET

In Aug 2019, john Deere launched 744L, 824L and 844L, with Automatic climate control etc.. upgrades to machines HVAC system include a relocation of the AC unit and a brushless fan motor for increased airflow.

 

In Sep 2020, Case IH introduced new Quadtrac and Steiger AFS Connect series tractors with specific features for the European market. They will have similar cab comfort and control upgrades as on the Magnum AFS Connect series launched earlier in 2019.

 

In June 2020, Case Construction Equipment’s crawler excavator CX220C was launched. The advanced cabin included features like Auto Climate Control function and air-conditioning system with 25% more airflow with eight vents for better efficiency in higher temperatures and openable roof window to provide better visibility. 

 

In May 2020, Mahindra launched RoadMaster G90 Comfort+, the first fully designed and manufactured in India product to offer an HVAC cabin on a motor grader. It was introduced keeping in mind the harsh temperature conditions and dusty environments in India.

 

RECENT PARTNERSHIP IN GLOBAL CONSTRUCTION EQUIPMENT HVAC MARKET

Carrier and ACI Mechanical and HVAC Sales are pleased to announce a new partnership. In the greater Puget Sound region, ACI will represent Carrier's industry-leading array of application equipment and VRF.

 

The new cooperation with Carrier will strengthen ACI's commitment to high-performance HVAC systems that are environmentally friendly. Customers who are looking for less energy-intensive heating and cooling solutions may appreciate Carrier's heat pump technology.

 

Total Construction Rentals, Inc. (TCR) has been acquired by Rental Equipment Investment Corp. (REIC), a Kinderhook Industries, LLC (Kinderhook) portfolio company. TCR's acquisition is in line with REIC's plan to expand its specialist rental business, and it provides the company with a well-established HVAC provider in the Mid-Atlantic.

 

 

COMPETITIVE LANDSCAPE

Construction equipment sales are an important barometer of global economic activity. The global economic activity has gradually recovered from multi-year lows in March –April 2020 but still remains below pre-COVID-19 levels. 

 

COVID has drastically impacted sales of construction equipment. For example, Deere & Company global net sales and revenues declined by 11 percent, to $8.9 Billion, in Q3-2020 and declined 12%, to $25.8 Billion, for Jan-Sep 2020. Deere now expects its net income to be about $2.25 billion for 2020 but cautions that uncertainties remain because of the Covid-19 pandemic.

 

Terex says it anticipates sales in the second half of 2020 to be similar to the first half of 2020, which saw net sales of $1.5 billion, declining by ~38% YOY. 

 

Caterpillar is not currently providing guidance for the year and warned that it may temporarily suspend operations at additional facilities if business conditions don't improve. 

 

Volvo CE’s order intake decreased by 7% and deliveries were down 13%. North America,  saw sales declines of 25 percent, says Volvo CE.  It was the largest decrease throughout the company’s five regions followed by Europe, which declined 20%. 

 

 

COMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix