| Label | Fixed Automation | Programmable |
|---|---|---|
| 2016 | 2657 USD Mn | 795.7 USD Mn |
| 2017 | 2935.1 USD Mn | 885.4 USD Mn |
| 2018 | 3245.9 USD Mn | 986.2 USD Mn |
| 2019 | 3594.3 USD Mn | 1100 USD Mn |
| 2020 | 3989.6 USD Mn | 1229.8 USD Mn |
| 2021 | 4454.7 USD Mn | 1383.2 USD Mn |
| 2022 | 5027.4 USD Mn | 1572.4 USD Mn |
| 2023 | 5760.2 USD Mn | 1814.7 USD Mn |
| 2024 | 6736.6 USD Mn | 2137.9 USD Mn |
| 2025 | 8092.4 USD Mn | 2587 USD Mn |
Data Source: Wantstats Repository
fixed automation segment accounted for the larger market share in 2018, this market is expected to reach USD 8092.40 Million in 2025 from USD 3245.90 Million in 2018. This market is projected to grow at a CAGR of 14.48% during the forecast period from 2019 - 2025. However, programmable segment is the fastest growing market, which is expected to grow at a CAGR of 15.32% during the forecast period 2019 - 2025.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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