Global HVAC Market Overview And Scope:
Global HVAC Market Size was estimated at USD 152865.36 million in 2022 and is projected to reach USD 210226.48 million by 2028, exhibiting a CAGR of 5.45% during the forecast period.
The Global HVAC Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of HVAC utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: Samsung Electronics, Toshiba Corporation, Ingersoll-Rand, Johnson Control International, Mitsubishi Electric Corporation, Midea Group, Gree Electric, United Technologies Corporation, Panasonic Corporation, Daikin Industries
Global HVAC Market Segmentation
By Type, HVAC market has been segmented into:Direct Expansion Systems
Central Air Conditioning Systems
By Application, HVAC market has been segmented into:
Residential
Commercial Real Estate
Institutional
Marine and Offshore
Oil and Gas
Power
Others
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The HVAC market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the HVAC market.
Top Key Players Covered in HVAC market are:
Samsung Electronics
Toshiba Corporation
Ingersoll-Rand
Johnson Control International
Mitsubishi Electric Corporation
Midea Group
Gree Electric
United Technologies Corporation
Panasonic Corporation
Daikin Industries
Objective to buy this Report:
1. HVAC analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with HVAC market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: HVAC Market by Type
5.1 HVAC Market Overview Snapshot and Growth Engine
5.2 HVAC Market Overview
5.3 Direct Expansion Systems
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Direct Expansion Systems: Geographic Segmentation
5.4 Central Air Conditioning Systems
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Central Air Conditioning Systems: Geographic Segmentation
Chapter 6: HVAC Market by Application
6.1 HVAC Market Overview Snapshot and Growth Engine
6.2 HVAC Market Overview
6.3 Residential
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Residential: Geographic Segmentation
6.4 Commercial Real Estate
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Commercial Real Estate: Geographic Segmentation
6.5 Institutional
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Institutional: Geographic Segmentation
6.6 Marine and Offshore
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Marine and Offshore: Geographic Segmentation
6.7 Oil and Gas
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Oil and Gas: Geographic Segmentation
6.8 Power
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size (2017-2032F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 Power: Geographic Segmentation
6.9 Others
6.9.1 Introduction and Market Overview
6.9.2 Historic and Forecasted Market Size (2017-2032F)
6.9.3 Key Market Trends, Growth Factors and Opportunities
6.9.4 Others: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 HVAC Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 HVAC Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 HVAC Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 SAMSUNG ELECTRONICS
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 TOSHIBA CORPORATION
7.4 INGERSOLL-RAND
7.5 JOHNSON CONTROL INTERNATIONAL
7.6 MITSUBISHI ELECTRIC CORPORATION
7.7 MIDEA GROUP
7.8 GREE ELECTRIC
7.9 UNITED TECHNOLOGIES CORPORATION
7.10 PANASONIC CORPORATION
7.11 DAIKIN INDUSTRIES
Chapter 8: Global HVAC Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Direct Expansion Systems
8.2.2 Central Air Conditioning Systems
8.3 Historic and Forecasted Market Size By Application
8.3.1 Residential
8.3.2 Commercial Real Estate
8.3.3 Institutional
8.3.4 Marine and Offshore
8.3.5 Oil and Gas
8.3.6 Power
8.3.7 Others
Chapter 9: North America HVAC Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Direct Expansion Systems
9.4.2 Central Air Conditioning Systems
9.5 Historic and Forecasted Market Size By Application
9.5.1 Residential
9.5.2 Commercial Real Estate
9.5.3 Institutional
9.5.4 Marine and Offshore
9.5.5 Oil and Gas
9.5.6 Power
9.5.7 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe HVAC Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Direct Expansion Systems
10.4.2 Central Air Conditioning Systems
10.5 Historic and Forecasted Market Size By Application
10.5.1 Residential
10.5.2 Commercial Real Estate
10.5.3 Institutional
10.5.4 Marine and Offshore
10.5.5 Oil and Gas
10.5.6 Power
10.5.7 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe HVAC Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Direct Expansion Systems
11.4.2 Central Air Conditioning Systems
11.5 Historic and Forecasted Market Size By Application
11.5.1 Residential
11.5.2 Commercial Real Estate
11.5.3 Institutional
11.5.4 Marine and Offshore
11.5.5 Oil and Gas
11.5.6 Power
11.5.7 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific HVAC Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Direct Expansion Systems
12.4.2 Central Air Conditioning Systems
12.5 Historic and Forecasted Market Size By Application
12.5.1 Residential
12.5.2 Commercial Real Estate
12.5.3 Institutional
12.5.4 Marine and Offshore
12.5.5 Oil and Gas
12.5.6 Power
12.5.7 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa HVAC Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Direct Expansion Systems
13.4.2 Central Air Conditioning Systems
13.5 Historic and Forecasted Market Size By Application
13.5.1 Residential
13.5.2 Commercial Real Estate
13.5.3 Institutional
13.5.4 Marine and Offshore
13.5.5 Oil and Gas
13.5.6 Power
13.5.7 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America HVAC Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Direct Expansion Systems
14.4.2 Central Air Conditioning Systems
14.5 Historic and Forecasted Market Size By Application
14.5.1 Residential
14.5.2 Commercial Real Estate
14.5.3 Institutional
14.5.4 Marine and Offshore
14.5.5 Oil and Gas
14.5.6 Power
14.5.7 Others
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
HVAC Scope:
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Report Data
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HVAC Market
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HVAC Market Size in 2025
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USD XX million
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HVAC CAGR 2025 - 2032
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XX%
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HVAC Base Year
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2024
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HVAC Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Samsung Electronics, Toshiba Corporation, Ingersoll-Rand, Johnson Control International, Mitsubishi Electric Corporation, Midea Group, Gree Electric, United Technologies Corporation, Panasonic Corporation, Daikin Industries.
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Key Segments
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By Type
Direct Expansion Systems
Central Air Conditioning Systems
By Applications
Residential
Commercial Real Estate
Institutional
Marine and Offshore
Oil and Gas
Power
Others
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