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What are the recent trends in market size and growth for the automatic environmental control market?
The automatic environmental control market size has grown strongly in recent years. It will grow from $18.03 billion in 2024 to $19.34 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to industrialization and urbanization, energy efficiency concerns, regulatory standards, comfort and convenience, advances in sensor technology.
The automatic environmental control market size is expected to see strong growth in the next few years. It will grow to $24.77 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to climate change mitigation, smart buildings and iot, health and wellness focus, energy management, building renovations and retrofits. Major trends in the forecast period include building energy management, artificial intelligence and machine learning, occupancy and behavior sensing, energy storage integration, user-centric design.
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How have varous drivers impacted the growth of the automatic environmental control market?
Rapid growth in manufacturing industries is a key factor driving the growth of the automatic environmental control market. In the Indian economy, industrial manufacturing is the major growing sector with diverse companies engaged in the manufacturing of Metal & Construction and equipment, building and Metal & Construction materials, rubber and plastic products, electrical and mechanical products, cement, and automation technology products. Growth in manufacturing outputs in China and Brazil will be the highest in the next five years. The countries will grow at an annual growth rate of 7.1% and 5.0%, respectively. Therefore, the growth in manufacturing industries is expected to increase the growth of the automatic environmental control market.
What are the primary segments of the automatic environmental control market?
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
Subsegments:
1) By Heating Equipment: Boilers, Heat Pumps, Furnaces, Radiators, Underfloor Heating Systems
2) By Refrigeration Equipment: Commercial Refrigerators, Industrial Refrigerators, Refrigerated Display Cases, Cold Storage Units, Ice Makers
3) By Air Conditioning Equipment: Split Air Conditioners, Central Air Conditioning Systems, Ductless Air Conditioners, Portable Air Conditioners, Window Air Conditioners
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Which firms are leading the automatic environmental control market?
Major companies operating in the automatic environmental control market include 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.
How will industry trends affect the trajectory of the automatic environmental control market?
The smart thermostat is a key trend in the automatic environmental control market. Smart thermostats use smart technology that can be operated using mobile phones, laptops, smart speakers, or other computers connected to the internet that allows for scheduling preferred temperature settings, and they can also be integrated into home automation systems. For instance, Ecobee was the first to introduce the smart thermostat solution into the market. The company has seen its revenues double every year, Ecobee revenue reached $550 million by 2022. Across North America, Ecobee holds 30% of the market share in smart thermostats.
Which geographic trends are shaping the automatic environmental control market, and which region has the highest market share?
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
What Does The Automatic Environmental Control Market Report 2025 Offer?
The automatic environmental control market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Automatic environmental control refers to devices used as automatic controls and regulators for applications, such as heating, air-conditioning, refrigeration, and appliances.
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