Report overview
Heating, ventilation, and air conditioning (HVAC) is the technology of indoor environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC Systems design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer. HVAC is an important part of residential structures such as single family homes, apartment buildings, hotels and senior living facilities, medium to large industrial and office buildings such as skyscrapers and hospitals, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fresh air from outdoors.
This report aims to provide a comprehensive presentation of the global market for HVAC Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC Systems. This report contains market size and forecasts of HVAC Systems in global, including the following market information:
Global HVAC Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global HVAC Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five HVAC Systems companies in 2022 (%)
The global HVAC Systems market was valued at US$ 178760 million in 2022 and is projected to reach US$ 276190 million by 2029, at a CAGR of 6.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key players of HVAC Systems include Gree, Daikin, Midea, etc. The top three players of HVAC Systems account for approximately 35% of the total market. Asia-Pacific is the largest market of HVAC Systems accounting for about 68%, followed by Europe and North America. In terms of Type, Decentralized is the largest segment, with a share about 76%. In terms of Apllication, the largest segment is Residential, followed by Commercial.
We surveyed the HVAC Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HVAC Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, by Type, 2022 (%)
Decentralized
Centralized
Global HVAC Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, by Application, 2022 (%)
Residential
Industrial
Commercial
Global HVAC Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HVAC Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies HVAC Systems revenues share in global market, 2022 (%)
Key companies HVAC Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies HVAC Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Gree
Daikin
Midea
Johnson Controls
Carrier
Trane Technologies
Haier
Panasonic
Lennox
LG Electronics
Emerson
Mitsubishi Electric
Siemens
Hitachi
Fujitsu
Danfoss
Electrolux
Honeywell
Nortek
Samsung Electronics
Schneider Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of HVAC Systems, market overview.
Chapter 2: Global HVAC Systems market size in revenue and volume.
Chapter 3: Detailed analysis of HVAC Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of HVAC Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global HVAC Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
