Global Yacht HVAC Market 2020-2025

August 19, 2020
Request Sample

Coming Soon

Multi User License - $2,500

Availability: In Stock
Compare

GLOBAL YACHT HVAC MARKET

HVAC is among the key components for any vehicle, be it on land air or water. Air conditioning system is essential on a yacht to provide a comfortable cabin climate for occupants onboard, and also to maintain the required temperature range for the operation of critical electronic equipment.

 

infographic: Yacht HVAC Market, Yacht HVAC Market Size, Yacht HVAC Market trends and forecast, Yacht HVAC Market Risks, Yacht HVAC Market report

Till late 1990s, HVAC on boats was considered optional. Today, in sharp contrast to old days, an efficient HVAC is expected on yachts as an integral part of their design, with climate control.

 

GLOBAL YACHT HVAC MARKET DYNAMICS

Most yacht builders rely on their suppliers to design HVAC systems. Most of the HVAC units installed are bought off the shelf and there is hardly any degree of customization despite significant changes in cooling requirement.

For superyachts above 100ft, chilled water circulating through local fan coil units is the preferred option whereas self-contained air conditioners are compact enough to be fitted on less than 50 ft boat.

 

FOCUS ON REDUCING ENERGY CONSUMPTION IN YACHT HVAC MARKET

Yacht’s HVAC system is one of the biggest energy and space consuming system onboard consuming about 50% – 60% of total electrical load be it, at anchor, ocean passages or cruising. Therefore, a lot of focus is now on developing powerful HVAC systems with least possible power consumption in all conditions.

The energy efficiency pf yacht HVAC got further attention when IMO came up with 50% emission reduction deadline by 2050. In case of yacht, propulsion unit is only employed less than 30% of the time whereas HVAC is used on more than 75% of all occasions.

 

GLOBAL YACHT HVAC MARKET SEGMENTATION

By Product type

  • Chilled water air conditioning system
  • Split gas air conditioning system
  • Self-contained air conditioning system

By End use

  • OE
  • Replacement

By Yacht length

  • Under 35 ft
  • 36-60ft
  • More than 60 ft

By Region

  • US
  • Europe
  • Asia
  • Rest of the world

 

GLOBAL YACHT HVAC  MARKET SIZE AND FORECAST

Thee overall yacht HVAC market size comprises OE as well as replacement market. In Europe (the biggest market for Superyachts) almost all of them use Variable capacity chillers, so they are more likely to be replaced by the new titanium versions.

 

The global Yacht HVAC market is estimated at $XX Billion in 2020, growing at –% CAGR till 2025

 

COVID IMPACT ON YACHT HVAC MARKET

Post COVID, we believe there will be a greater focus on air quality and use of smarter automation systems. Remote monitoring of air quality could be an important requirement for many yacht owners now.

 

 

GLOBAL YACHT HVAC COMPETITIVE LANDSCAPE

The competitive landscape of Yacht HVAC market is highly consolidated among few vendors. Majority of the vendors are EU based.

Heinen & Hopman and Dometic are among the leading players of the market.

Many of the Dometic modular water chillers now use titanium condensers as Titanium is unaffected by saltwater, invasive marine life and the harsh acids used for routine cleaning of the condenser coil

 

COMPANY PROFILES

  1. Heinen & Hopman
  2. Novenco Marine
  3. Johnson Controls
  4. Dometic Group AB
  5. Northern Lights custom HVAC systems

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Market Size and Forecast (2020-2025), Units and $M
  2. Market split by region, end use segment and HVAC type
  3. Market share of leading vendors, 2020
  4. COVID impact on Yacht HVAC market and suppliers` earnings
  5. HVAC material trends

 

 

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

 

Back to top
X