South America HVAC Sensors Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Temperature Sensors, Humidity Sensors, Pressure & Flow Sensors, Motion Sensors, Smoke & Gas Sensors, and Others) and End User (Residential, Commercial, and Industrial)
Market Introduction
The growing construction industry in the region with a rising number of residential and commercial places is driving the growth of the HVAC sensors market. Increasing demand for advanced HVAC systems to improve air quality in building has created a huge growth opportunity for the SAM HVAC sensors market. Brazil has a focus on energy-efficient HVAC applications with a specific perspective, while Argentina, Chile, and other countries are still lagging in adopting HVAC systems. Thus, the market has a considerable growth in the region as the adoption of HVAV systems is very limited or low. The increasing installation of air conditioning systems in Brazil is mounting the market growth. Moreover, growing construction activities in the region are supporting the market growth. For instance, in 2016, owing to the Olympic event the Brazilian government invested more than US$ 7.77 billion for the construction of new hotels, venues, and other infrastructure, which augmented the demand for HVAC systems. Further, advent of smart, connected, and energy efficient IOT-enabled HVAC systems and growing development of smart cities are the other factors driving the growth of the SAM HVAC sensors market.
Furthermore, in case of COVID-19, SAM is highly affected specially Brazil, which got the highest number of coronavirus cases, followed by Peru, Chile, Colombia, and Ecuador, among others. The emergence of COVID-19 virus across SAM region has created enormous disruption across industries including electronics and semiconductors. Every phase of the business model has been witnessing drastic change, including the manufacturing units, capital expenditures, R&D, demand, supply-chain, production decisions, and mergers and acquisitions (M&A). Before COVID-19 outbreak, SAM countries have been witnessing growth in number of industries over the past few years. Industries such as automotive, aerospace, and industrial equipment have been experiencing fair growth rate; however, the COVID-19 outbreak has created significant turmoil among the manufacturers across industries. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19’s spread. Brazil has the largest industrial sector and is also the worst-hit country. This has been highlighting limited resources and investments toward product developments, which has slow-downed the adoption of HVAC systems and HVAC sensors. This factor has negatively impacted the SAM HVAC sensors market.
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Market Overview and Dynamics
The SAM HVAC sensors market is expected to grow from US$ 172.06 million in 2019 to US$ 215.98 million by 2027; it is estimated to grow at a CAGR of 3.2 % from 2020 to 2027. Escalating demand for HVAC sensors in the automotive sector is expected to upsurge the SAM HVAC sensors market. Rising number of annual automotive sales is considered a significant factor contributing to the growth of the SAM HAVC sensors market. Requirement for automatic as well as well-regulated air-conditioning in automobiles is constantly growing. As the sensor systems used in automobiles are becoming more complex in design and functionalities, the demand for high-quality economical sensors is increasing. Additionally, governments in several countries are implementing regulations concerning emission control, which is influencing the demand for temperature sensors. The advancement in HVAC sensors used in automobiles enables zone-wise climate control and provides protection from external harmful gases and odor. Pressure sensors, temperature sensors, and air quality sensors are among the advanced sensors used to perform these actions. Moreover, the automotive manufacturers are making constant efforts to further improve the vehicle comfort concerning climate. For instance, the integration of Carbon-dioxide (CO2) sensors in automotive HVAC systems is one of the significant developments in the automotive HVAC systems. These developments coupled with rising automotive sales are propelling the growth of the SAM HVAC sensors market.
Key Market Segments
In terms of type, the temperature sensors segment accounted for the largest share of the SAM HVAC sensors market in 2019. In terms of end user, the commercial segment held a larger market share of the SAM HVAC sensors market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the SAM HVAC sensors market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BELIMO AIRCONTROLS (USA), INC.; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric; Sensata Technologies, Inc.; Sensirion AG; Siemens AG; TE Connectivity Ltd.
Reasons to buy report
- To understand the SAM HVAC sensors market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM HVAC sensors market
- Efficiently plan M&A and partnership deals in SAM HVAC sensors market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM HVAC sensors market
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.
SAM HVAC Sensors Market Segmentation
SAM HVAC Sensors Market - By Type
- Temperature Sensors
- NTC
- RTD
- Thermocouple
- Others
- Humidity Sensors
- Pressure & Flow Sensors
- Motion Sensors
- Smoke & Gas Sensors
- Others
SAM HVAC Sensors Market - By End User
- Residential
- Commercial
- Industrial
SAM HVAC Sensors Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM HVAC Sensors Market - Company Profiles
- BELIMO AIRCONTROLS (USA), INC.
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Schneider Electric
- Sensata Technologies, Inc.
- Sensirion AG
- Siemens AG
- TE Connectivity Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM HVAC Sensors Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
5. SAM HVAC Sensors Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Construction Sector
5.1.2 Escalating Demand for HVAC Sensors in the Automotive Sector
5.2 Market Restraints
5.2.1 Difficulty Related to Motion-Activated Air Conditioners
5.3 Market Opportunities
5.3.1 Growing Development of Smart Cities
5.4 Future Trends
5.4.1 Advent of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.5 Impact Analysis of Drivers and Restraints
6. HVAC Sensors Market – SAM Analysis
6.1 Overview
6.2 SAM HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
6.3 Market Positioning – Market Players Ranking
7. SAM HVAC Sensors Market Analysis – By Type
7.1 Overview
7.2 SAM HVAC Sensors Market, By Type (2019 and 2027)
7.3 Temperature Sensors
7.3.1 Overview
7.3.2 Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.3 NTC
7.3.3.1 Overview
7.3.3.2 NTC: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.4 RTD
7.3.4.1 Overview
7.3.4.2 RTD: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.5 Thermocouple
7.3.5.1 Overview
7.3.5.2 Thermocouple: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 Others: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.4 Humidity Sensors
7.4.1 Overview
7.4.2 Humidity Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.5 Pressure & Flow Sensors
7.5.1 Overview
7.5.2 Pressure & Flow Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.6 Motion Sensors
7.6.1 Overview
7.6.2 Motion Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.7 Smoke & Gas Sensors
7.7.1 Overview
7.7.2 Smoke & Gas Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.8 Other Sensors
7.8.1 Overview
7.8.2 Others Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8. SAM HVAC Sensors Market – By End User
8.1 Overview
8.2 SAM HVAC Sensors Market, by End User (2019 and 2027)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9. SAM HVAC Sensors Market – Country Analysis
9.1 Overview
9.1.1 SAM: HVAC Sensors Market, by Key Country
9.1.1.1 Brazil: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.1.1 Brazil: HVAC Sensors Market, by Type
9.1.1.1.2 Brazil: HVAC Sensors Market, by End User
9.1.1.2 Argentina: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.2.1 Argentina: HVAC Sensors Market, by Type
9.1.1.2.2 Argentina: HVAC Sensors Market, by End User
9.1.1.3 Rest of SAM: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.3.1 Rest of SAM: HVAC Sensors Market, by Type
9.1.1.3.2 Rest of SAM: HVAC Sensors Market, by End User
10. Impact of COVID-19 Outbreak
10.1 SAM: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Siemens AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Emerson Electric Co.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Johnson Controls, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Schneider Electric
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TE Connectivity Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Sensirion AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sensata Technologies, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 BELIMO AIRCONTROLS (USA), INC.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. SAM HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Table 2. Brazil: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 3. Brazil: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 4. Brazil: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 5. Argentina: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 6. Argentina: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 7. Argentina: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 8. Rest of SAM: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 9. Rest of SAM: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 10. Rest of SAM: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM HVAC Sensors Market Segmentation
Figure 2. SAM HVAC Sensors Market Segmentation – By Country
Figure 3. SAM HVAC Sensors Market Overview
Figure 4. SAM HVAC Sensors Market, by Country
Figure 5. SAM HVAC Sensors Market, By Type
Figure 6. SAM HVAC Sensors Market, By End User
Figure 7. SAM: PEST Analysis
Figure 8. SAM HVAC Sensors Market – Ecosystem Analysis
Figure 9. SAM HVAC Sensors Market Impact Analysis of Drivers and Restraints
Figure 10. SAM HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 11. SAM HVAC Sensors Market Revenue Share, by Type (2019 and 2027)
Figure 12. SAM Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 13. SAM NTC: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 14. SAM RTD: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 15. SAM Thermocouple: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 16. SAM Others: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 17. SAM Humidity Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 18. SAM Pressure & Flow Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 19. SAM Motion Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 20. SAM Smoke & Gas Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 21. SAM Other Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 22. SAM HVAC Sensors Market Revenue Share, by End User (2019 and 2027)
Figure 23. SAM Residential: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 24. SAM Commercial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 25. SAM Industrial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 26. SAM: HVAC Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. Brazil: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 28. Argentina: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 29. Rest of SAM: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 30. Impact of COVID-19 Pandemic in SAM Country Markets
- BELIMO AIRCONTROLS (USA), INC.
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Schneider Electric
- Sensata Technologies, Inc.
- Sensirion AG
- Siemens AG
- TE Connectivity Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM HVAC sensors market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM HVAC sensors market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the HVAC sensors market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution