Global Automatic Environmental Control Market Share Report 2024, Forecast To 2033
8 Jan, 2024
The automatic environmental control market has demonstrated strong growth, rising from $17.57 billion in 2023 to $18.72 billion in 2024, with a 6.5% CAGR. This growth is attributed to industrialization, urbanization, energy efficiency concerns, regulatory standards, and advances in sensor technology. The forecast period predicts continued strong growth, reaching $23.76 billion in 2028, driven by climate change mitigation, smart buildings and IoT integration, health and wellness focus, energy management, and building renovations and retrofits.
Global Automatic Environmental Control Market Key Driver
Rapid growth in manufacturing industries drives the automatic environmental control market. In the Indian economy, industrial manufacturing, covering machinery, construction materials, rubber and plastic products, and automation technology, is a major growing sector. China and Brazil exhibit the highest manufacturing output growth at annual rates of 7.1% and 5.0%, respectively. This growth in manufacturing fuels the automatic environmental control market.
Get A Free Sample Of The Global Automatic Environmental Control Market ReportGlobal Automatic Environmental Control Market Segments
The automatic environmental control market covered in this report is segmented –
1) By Type: Heating Equipment, Refrigeration Equipment, Air Conditioning Equipment
2) By Product Type: Environmental Monitors, Environmental Monitoring Sensors, Wearable Environmental Monitors
3) By Application: Residential, Commercial, Industrial
By Geography: The regions covered in the automatic environmental control market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
The Asia-Pacific was the largest region in the automatic environmental control market in 2023. North America is the second-largest region in the automatic environmental control market. The regions covered in the automatic environmental control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Automatic Environmental Control Industry Players
Johnson Controls Inc., Schneider Electric, United Technologies Corporation, Honeywell International Inc., Ingersoll Rand, Siemens AG, Emerson Electric Co., Agilent Technologies, Danaher, Thermo Fisher Scientific Inc, Shimadzu Corporation, PerkinElmer, 3M company, bioMérieux S.A., Merck KGaA, Forbes Marshall, Carrier Corporation, Daikin Industries Ltd., LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Toshiba Corporation, Trane Inc., York International Corporation, ABB Ltd., Eaton Corporation, General Electric Company, Rockwell Automation Inc.
Get The Full Global Automatic Environmental Control Market Report
Automatic Environmental Control Market Overview
Automatic environmental control refers to devices used as automatic controls and regulators for applications, such as heating, air-conditioning, refrigeration, and appliances.
Automatic Environmental Control Global Market Report 2023 provides data on the global automatic environmental control market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The automatic environmental control market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.