The South America HVAC controls market is expected to grow from US$ 450.06 million in 2022 to US$ 1,102.18 million by 2028; it is estimated to grow at a CAGR of 16.1% from 2022 to 2028.
Cloud computing aids in data storage, process execution, and business operation by enabling internet servers to function across a distant area. It has developed into a catalyst for IT innovation in many businesses. Contractors maintain a range of data in HVAC systems, including information about HVAC loads, building equipment, bids, and maintenance activities, which are produced in several separate systems. Manually gathering such data increases the chance of data loss and the likelihood of misinterpretation. A single platform, such as cloud computing, can be utilized to address this issue and enable access to everyone involved in the project. A cloud platform simplifies updating information about the project, customer requirements, and equipment and control selection. The same information can also be referred to in the future. Cloud computing has made following laws, selecting energy-efficient HVAC systems and controls, assessing HVAC load, storing sales data, and preserving data for technicians a lot easier. Thus, rising adoption of cloud computing in HVAC is likely to create opportunity in HVAC controls market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America HVAC controls market. The South America HVAC controls market is expected to grow at a good CAGR during the forecast period.
South America HVAC Controls Market Revenue and Forecast to 2028 (US$ Million )

South America HVAC Controls Market Segmentation
The South America HVAC controls market is segmented based on by component type, installation, system, end user, and country. Based on component, the South America HVAC controls market is divided into sensors, controllers, smart vents, and others. The smart vents segment dominated the South America HVAC controls market in 2022. Based on installation, the South America HVAC controls market is categorized into new installation and retrofit. The new installation segment dominated the South America HVAC controls market in 2022. Based on system, the South America HVAC controls market is categorized into temperature control system, humidity control system, ventilation control system, and integrated control system. The humidity control system segment dominated the South America HVAC controls market in 2022. Based on end user, the South America HVAC controls market is categorized into residential, commercial, and industrial. The commercial segment dominated the South America HVAC controls market in 2022. Based on country, the South America HVAC controls market is segmented into Brazil, Argentina, and Rest of South America. Brazil dominated the South America HVAC controls market in 2022.
Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Delta Controls; Distech Control; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc. by Altair are among the leading companies in the South America HVAC controls market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM HVAC Controls Market – By Component Type
1.3.2 SAM HVAC Controls Market – By Installation
1.3.3 SAM HVAC Controls Market – By Application
1.3.4 Industrial SAM HVAC Controls Market – By End User
1.3.5 SAM HVAC Controls Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM HVAC Controls Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM HVAC Controls Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth in Construction Sector
5.1.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.2 Market Restraints
5.2.1 Lack of Awareness Among End-Users Leads to Low HVAC Controls Adoption
5.3 Market Opportunities
5.3.1 Rising Adoption of Cloud Computing in HVAC
5.3.2 Development of Smart Cities
5.4 Future Trends
5.4.1 Advancement in Green Technology
5.5 Impact Analysis of Drivers and Restraints
6. HVAC Controls Market – SAM Market Analysis
6.1 SAM HVAC Controls Market Forecast and Analysis
7. SAM HVAC Controls Market – Component
7.1 Overview
7.2 SAM HVAC Controls Market, By Component (2021 And 2028)
7.3 Sensors
7.3.1 Overview
7.3.2 Sensors: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
7.4 Controllers
7.4.1 Overview
7.4.2 Controllers: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
7.5 Smart Vents
7.5.1 Overview
7.5.2 Smart Vents: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
8. SAM HVAC Controls Market – Installation Type
8.1 Overview
8.2 SAM Controls Market, By Installation Type (2021 And 2028)
8.3 New Installation
8.3.1 Overview
8.3.2 SAM New Installation: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
8.4 Retrofit
8.4.1 Overview
8.4.2 Retrofit: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
9. SAM HVAC Controls Market – System
9.1 Overview
9.2 SAM HVAC Controls Market, By System (2021 And 2028)
9.3 Temperature Control System
9.3.1 Overview
9.3.2 Temperature Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
9.4 Humidity Control System
9.4.1 Overview
9.4.2 Humidity Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
9.5 Ventilation Control System
9.5.1 Overview
9.5.2 Ventilation Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
9.6 Integrated Control System
9.6.1 Overview
9.6.2 Integrated Control System: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
10. SAM HVAC Controls Market Revenue and Forecast to 2028 – End User
10.1 Overview
10.2 SAM HVAC Controls Market, By End User (2021 And 2028)
10.3 Residential
10.3.1 Overview
10.3.2 Residential: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
10.4 Commercial
10.4.1 Overview
10.4.2 Commercial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
10.5 Industrial
10.5.1 Overview
10.5.2 Industrial: HVAC Controls Market Revenue and Forecast To 2028 (US$ Million)
11. SAM HVAC Controls Market – Country Analysis
11.1 SAM: HVAC Controls
11.1.1 SAM: HVAC Controls, by Key Country
11.1.1.1 Brazil: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.1.1 Brazil: HVAC Controls, By Component
11.1.1.1.2 Brazil: HVAC Controls Market, By Installation Type
11.1.1.1.3 Brazil: HVAC Controls Market, By System
11.1.1.1.4 Brazil: HVAC Controls Market, By End User
11.1.1.2 Argentina: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.2.1 Argentina: HVAC Controls, By Component
11.1.1.2.2 Argentina: HVAC Controls Market, By Installation Type
11.1.1.2.3 Argentina: HVAC Controls Market, By System
11.1.1.2.4 Argentina: HVAC Controls Market, By End User
11.1.1.3 Rest of SAM: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)
11.1.1.3.1 Rest of SAM: HVAC Controls, By Component
11.1.1.3.2 Rest of SAM: HVAC Controls Market, By Installation Type
11.1.1.3.3 Rest of SAM: HVAC Controls Market, By System
11.1.1.3.4 Rest of SAM: HVAC Controls Market, By End User
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 Carrier Global Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 DAIKIN INDUSTRIES, Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Delta Controls
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Distech Controls
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Emerson Electric Co.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Honeywell International Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Johnson Controls, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Schneider Electric SE
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Siemens AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Lennox International Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary

LIST OF TABLES

Table 1.             SAM HVAC Controls Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2.             Brazil: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 3.             Brazil: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)
Table 4.             Brazil: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)
Table 5.             Brazil: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)
Table 6.             Argentina: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 7.             Argentina: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)
Table 8.             Argentina: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)
Table 9.             Argentina: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)
Table 10.          Rest of SAM: HVAC Controls, By Component –Revenue and Forecast to 2028 (US$ Million)
Table 11.          Rest of SAM: HVAC Controls Market, By Installation Type –Revenue and Forecast to 2028 (US$ Million)
Table 12.          Rest of SAM: HVAC Controls Market, By System–Revenue and Forecast to 2028 (US$ Million)
Table 13.          Rest of SAM: HVAC Controls Market, By End User –Revenue and Forecast to 2028 (US$ Million)
Table 14.          Glossary of Terms, HVAC Controls Market
 
 

LIST OF FIGURES

Figure 1.           SAM HVAC Controls Market Segmentation
Figure 2.           SAM HVAC Controls Market Segmentation – by Country
Figure 3.           SAM HVAC Controls Market Overview
Figure 4.           SAM HVAC Controls Market, By Component Type
Figure 5.           SAM HVAC Controls Market, By Installation
Figure 6.           SAM HVAC Controls Market, By Application
Figure 7.           SAM HVAC Controls Market, By End User
Figure 8.           SAM HVAC Controls Market, By Country
Figure 9.           SAM: PEST Analysis
Figure 10.        SAM HVAC Controls Market Ecosystem Analysis
Figure 11.        SAM Expert Opinion
Figure 12.        SAM HVAC Controls Market: Impact Analysis of Drivers and Restraints
Figure 13.        SAM HVAC Controls Market, Forecast and Analysis (US$ Million)
Figure 14.        SAM HVAC Controls Market, By Component (2021 and 2028)
Figure 15.        SAM Sensors: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 16.        SAM Controllers: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 17.        SAM Smart Vents: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 18.        SAM Others: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 19.        SAM HVAC Controls Market, By Installation Type (2021 and 2028)
Figure 20.        SAM New Installation: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 21.        SAM Retrofit: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 22.        SAM HVAC Controls Market, By System (2021 and 2028)
Figure 23.        SAM Temperature Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 24.        SAM Humidity Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 25.        SAM Ventilation Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.        SAM Integrated Control System: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 27.        SAM HVAC Controls Market, By End User (2021 and 2028)
Figure 28.        SAM Residential: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 29.        SAM Commercial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 30.        SAM Industrial: HVAC Controls Market Revenue and Forecast to 2028 (US$ Million)
Figure 31.        SAM: HVAC Controls Market, by Key Country – Revenue (2021) (US$ Million)
Figure 32.        SAM: HVAC Controls Revenue Share, by Key Country (2021 and 2028)
Figure 33.        Brazil: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)
Figure 34.        Argentina: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)
Figure 35.        Rest of SAM: HVAC Controls – Revenue, and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM HVAC controls 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 controls 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 SAM HVAC controls 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

The List of Companies – South America HVAC Controls Market

● Carrier Global Corporation
● DAIKIN INDUSTRIES, Ltd.
● Delta Controls
● Distech Control
● Emerson Electric Co.
● Honeywell International Inc.
● Johnson Controls, Inc.
● Schneider Electric SE
● Siemens AG
● Lennox International Inc.

At 16.1% CAGR, the South America HVAC Controls Market is speculated to be worth US$ 1,102.18 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the SAM HVAC controls market was valued at US$ 450.06 million in 2022 and is expected to reach US$ 1,102.18 million by 2028, registering an annual growth rate of 16.1% from 2022 to 2028. Growth in construction sector and implementation of smart, connected, and energy efficient IOT-enabled HVAC systems.

Implementation of IoT into the HVAC sector enables remote appliance control and significantly better customer-centric services. The main advantages of integrating IoT in the energy sector are the operational insight into HVAC appliances and techniques to significantly reduce energy usage. For instance, HVAC contractors can get their devices to monitor occupancy inside the building by combining smart devices with motion sensors. The system might recommend that the customer dial down the heating (or cooling) to save energy through an app message when there is no movement for an extended time inside the building. Moreover, the controls readily use the most recent networking and AI technologies, enabling them to gradually learn the preferences of the tenants and adapt to their comfort requirements. HVAC manufacturers aim to grow their market share by offering consumers intelligent HVAC solutions. Lighting and HVAC systems use the most energy in commercial or residential buildings. The implementation of machine-to-machine (M2M) connectivity with IoT in various applications supports cost savings, resource conservation, predictive maintenance, comfort control, and healthy building performance. As a result, there is a higher need for IoT-based HVAC control systems. Thus, implementation of smart, connected, and energy efficient IOT-enabled HVAC systems will drive the demand for HVAC controls market. This is expected to drive the market during the forecast period.

On the contrary, lack of awareness among end-users leads to low HVAC controls adoption hurdles the growth of SAM HVAC controls market.

Based on component type, the SAM HVAC controls market is divided into sensors, controllers, smart vents, and others. The smart vents HVAC controls segment held 26.2% market share in 2022, amassing US$ 108.00 million. It is projected to garner US$ 203.43 million by 2028 to expand at 9.5% CAGR during 2022–2028.

Based on installation type, the SAM HVAC controls market is categorized into new installation and retrofit. The new installation segment held 61.6% market share in 2022, amassing US$ 277.40 million. It is projected to garner US$ 488.64 million by 2028 to expand at 9.9% CAGR during 2022–2028.

Based on system, the SAM HVAC controls market is categorized into temperature control system, humidity control system, ventilation control system, and integrated control system. The humidity control system segment held 33.9% market share in 2022, amassing US$ 152.48 million. It is projected to garner US$ 313.08 million by 2028 to expand at 12.7% CAGR during 2022–2028.

Based on end user, the SAM HVAC controls market is categorized into residential, commercial, and industrial. The commercial segment held 50.7% market share in 2022, amassing US$ 228.28 million. It is projected to garner US$ 464.00 million by 2028 to expand at 12.5% CAGR during 2022–2028

Based on country, the SAM HVAC controls market has been categorized into the Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 52.8% market share in 2022. It was assessed at US$ 237.75 million in 2022 and is likely to hit US$ 759.79 million by 2028, exhibiting a CAGR of 21.4% during the forecast period.

Key players dominating the SAM HVAC controls market are Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Delta Controls; Distech Control; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc. among others.

In June 2022, Liechtenstein chooses sustainable and future-proof Siemens power distribution. In June 2022, Carrier Launches Certified Healthy Air Systems Program – Verifying Building Systems to Drive Healthy Indoor Air Quality.