Global Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Report 2024

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Global Market Report 2024 – By Type (Heating, Air Conditioning, Ventilation, Other Types , Service Type (Installation Services, Maintenance And Repair Services, Upgradation Or Replacement Services, Consulting Services), By System Type (Central, Decentralized), By Business Type (New Construction, Retrofits), By End-User (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2024-2033

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Global Market Report 2024

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Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Definition

Heating, Ventilation, and Air Conditioning (HVAC) equipment refers to systems and devices designed to control the indoor climate and air quality in buildings, ensuring comfort and safety. These systems regulate temperature, humidity, and airflow to maintain a healthy and comfortable environment in residential, commercial, and industrial settings.

The main types of heating, ventilation, and air conditioning (HVAC) equipment are heating, air conditioning, ventilation, and others. Heating equipment in HVAC (Heating, Ventilation, and Air Conditioning) refers to the devices and systems used to generate heat and distribute it throughout a building or space. This category also covers a range of services, such as installation, maintenance and repair, upgrade or replacement, and consulting, applicable to both central and decentralized systems. These services cater to various business types, including new construction and retrofits, and serve diverse end users, including residential, commercial, and industrial sectors.

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Segmentation

The heating, ventilation, and air conditioning (HVAC ) equipment market covered in this report is segmented –

1) By Type: Heating, Air Conditioning, Ventilation, Other Types

2) Service Type: Installation Services, Maintenance And Repair Services, Upgradation Or Replacement Services, Consulting Services

3) By System Type: Central, Decentralized

4) By Business Type: New Construction, Retrofits

5) By End-User: Residential, Commercial, Industrial

Global Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Size 2023 to 2028: Graph

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Size 2024 And Growth Rate

The heating, ventilation, and air conditioning (HVAC) equipment market size has grown strongly in recent years. It will grow from $154.95 billion in 2023 to $166.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to an increase in infrastructure development, increased cooling unit demand, an increase in urban population, increased energy efficiency in HVAC systems, and increased construction of residential buildings.

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Growth Forecast

The heating, ventilation, and air conditioning (HVAC) equipment market size is expected to see strong growth in the next few years. It will grow to $222.8 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing global warming, rising disposable income, rising awareness of environmental sustainability, and the growing need for energy-efficient solutions. Major trends in the forecast period include technological advancements, the integration of smart technologies and IoT, green HVAC solutions, the integration of AI and machine learning, and incentives for renewable energy adoption.

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Driver: Increased Residential Construction Boosts HVAC Equipment Market

The increased construction of residential buildings is expected to propel the growth of the heating, ventilation, and air conditioning (HVAC) equipment market going forward. Residential buildings refer to structures designed for people to live in, including single-family homes, apartment complexes, townhouses, and condominiums. The construction of residential buildings is increasing due to rapid urbanization, as more people move to cities for better job opportunities and low interest rates, which make it easier for individuals to finance new homes. HVAC equipment is crucial for residential buildings as it ensures indoor comfort, improves air quality, enhances energy efficiency, and helps preserve the building's structural integrity. For instance, in August 2024, according to the US Census Bureau, a US-based government agency, in July, privately-owned housing completions rose to a seasonally adjusted annual rate of 1,529,000, up 13.8% from the previous year, while single-family housing completions increased by 0.5% to a rate of 1,054,000 from June. Therefore, increased construction of residential buildings drives the heating, ventilation, and air conditioning (HVAC) equipment market.

Global Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Major Players

Major companies operating in the heating, ventilation, and air conditioning (HVAC) equipment market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Eaton Corporation plc, Carrier Global Corporation, Trane Technologies plc, Lennox International Inc., Grundfos Holding A/S, Goodman Manufacturing Company L.P., AS America Inc., Rinnai Corporation, Modine Manufacturing Company, Rheem Manufacturing Company, Eureka Forbes Limited, Baltimore Aircoil Company Inc., ClimateMaster Inc., York International Corporation, GREE Electric Appliances Inc., Dimplex North America Limited, Navien Inc., Soler & Palau Ventilation Group S.A

Global Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Trend: Advanced HVAC Solutions With Smart Technology And Energy Efficiency

Major companies operating in the heating, ventilation, and air conditioning (HVAC) equipment market focus on developing advanced HVAC products with comprehensive solutions to enhance energy efficiency, advanced air purification, and user control. Comprehensive new HVAC solutions include advanced systems integrating smart technology, energy efficiency, and sustainability features to provide optimal comfort and performance in heating, ventilation, and air conditioning. For instance, in April 2024, Voltas Limited, an India-based home appliance company, launched its new HVAC line-up at the ACREX India 2024 exhibition. The new line-up includes advanced room air conditioners featuring energy-saving technologies, smart functionalities, and variable refrigerant flow (VRF) systems designed for larger commercial spaces, offering enhanced flexibility in temperature control. Additionally, it introduced high-capacity chillers aimed at industrial applications and light commercial air conditioners tailored for smaller business environments. A standout product is the Voltas SmartAir AC, a series of smart inverter air conditioners equipped with IoT capabilities that enable users to monitor and control their units remotely for improved convenience and energy management.

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Merger And Acquisition: Valley Air Enhances Operations With Excel Heating & Cooling Acquisition

In October 2024, Valley Air Heating, Cooling, & Plumbing, a US-based HVAC and plumbing services provider, acquired Excel Heating & Cooling for an undisclosed amount. The acquisition demonstrates Valley Air's commitment to expanding its service capacity and improving operational efficiency in the HVAC industry. It aims to enhance customer service by increasing resources and strengthening its workforce, ensuring a broader service area and continued reliability. Excel Heating & Cooling is a US-based heating, ventilation, and air conditioning (HVAC) company providing high-quality heating and cooling services.

Regional Insights For The Global Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market

Asia-Pacific was the largest region in the heating, ventilation, and air conditioning (HVAC) equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heating, ventilation, and air conditioning (HVAC) equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the heating, ventilation, and air conditioning (HVAC) equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The heating, ventilation, and air conditioning (HVAC) equipment market consists of sales of furnaces, boilers, heat pumps, air handlers, exhaust fans, central air conditioners, and window units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The heating, ventilation, and air conditioning (HVAC) equipment market research report is one of a series of new reports from The Business Research Company that provides heating, ventilation, and air conditioning (HVAC) equipment market statistics, including heating, ventilation, and air conditioning (HVAC) equipment industry global market size, regional shares, competitors with a heating, ventilation, and air conditioning (HVAC) equipment market share, detailed heating, ventilation, and air conditioning (HVAC) equipment market segments, market trends and opportunities, and any further data you may need to thrive in the heating, ventilation, and air conditioning (HVAC) equipment industry. This heating, ventilation, and air conditioning (HVAC) equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Heating, Ventilation, And Air Conditioning (HVAC ) Equipment Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $ 14.17 Billion
Revenue Forecast In 2033 $ 21.91 Billion
Growth Rate CAGR of 11.50% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Heating, Air Conditioning, Ventilation, Other Types
2) Service Type: Installation Services, Maintenance And Repair Services, Upgradation Or Replacement Services, Consulting Services
3) By System Type: Central, Decentralized
4) By Business Type: New Construction, Retrofits
5) By End-User: Residential, Commercial, Industrial
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd, LG Electronics Inc., Panasonic Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Eaton Corporation plc, Carrier Global Corporation, Trane Technologies plc, Lennox International Inc., Grundfos Holding A/S, Goodman Manufacturing Company L.P., AS America Inc., Rinnai Corporation, Modine Manufacturing Company, Rheem Manufacturing Company, Eureka Forbes Limited, Baltimore Aircoil Company Inc., ClimateMaster Inc., York International Corporation, GREE Electric Appliances Inc., Dimplex North America Limited, Navien Inc., Soler & Palau Ventilation Group S.A
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Characteristics

    3. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Trends And Strategies

    4. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Size and Growth

    5.1. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Segmentation

    6.1. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Heating

    Air Conditioning

    Ventilation

    Other Types

    6.2. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Installation Services

    Maintenance And Repair Services

    Upgradation Or Replacement Services

    Consulting Services

    6.3. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Central

    Decentralized

    6.4. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Business Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    New Construction

    Retrofits

    6.5. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Residential

    Commercial

    Industrial

    7. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Regional And Country Analysis

    7.1. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    8.1. Asia-Pacific Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    9.1. China Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    9.2. China Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    10.1. India Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    11.1. Japan Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    11.2. Japan Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    12.1. Australia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    13.1. Indonesia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    14.1. South Korea Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    14.2. South Korea Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    15.1. Western Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    15.2. Western Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    16.1. UK Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    17.1. Germany Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    18.1. France Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    19.1. Italy Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    20.1. Spain Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    21.1. Eastern Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    21.2. Eastern Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    22.1. Russia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    23.1. North America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    23.2. North America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    24.1. USA Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    24.2. USA Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    25.1. Canada Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    25.2. Canada Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    26.1. South America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    26.2. South America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    27.1. Brazil Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    28.1. Middle East Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    28.2. Middle East Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    29.1. Africa Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Overview

    29.2. Africa Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Competitive Landscape And Company Profiles

    30.1. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Competitive Landscape

    30.2. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Company Profiles

    30.2.1. Samsung Electronics Co. Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Robert Bosch GmbH

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Hitachi Ltd

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. LG Electronics Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Panasonic Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Other Major And Innovative Companies

    31.1. Mitsubishi Electric Corporation

    31.2. Honeywell International Inc.

    31.3. Fujitsu Limited

    31.4. Daikin Industries Ltd.

    31.5. Toshiba Corporation

    31.6. Johnson Controls International plc

    31.7. Eaton Corporation plc

    31.8. Carrier Global Corporation

    31.9. Trane Technologies plc

    31.10. Lennox International Inc.

    31.11. Grundfos Holding A/S

    31.12. Goodman Manufacturing Company L.P.

    31.13. AS America Inc.

    31.14. Rinnai Corporation

    31.15. Modine Manufacturing Company

    32. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Competitive Benchmarking

    33. Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market

    35. Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market Future Outlook and Potential Analysis

    35.1 Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market In 2028 - Countries Offering Most New Opportunities

    35.2 Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market In 2028 - Segments Offering Most New Opportunities

    35.3 Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Business Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Samsung Electronics Co. Ltd. Financial Performance
  • Figure 77: Robert Bosch GmbH Financial Performance
  • Figure 78: Hitachi Ltd Financial Performance
  • Figure 79: LG Electronics Inc. Financial Performance
  • Figure 80: Panasonic Corporation Financial Performance

List Of Figures

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Business Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Samsung Electronics Co. Ltd. Financial Performance
  • Table 77: Robert Bosch GmbH Financial Performance
  • Table 78: Hitachi Ltd Financial Performance
  • Table 79: LG Electronics Inc. Financial Performance
  • Table 80: Panasonic Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the heating, ventilation, and air conditioning (HVAC) equipment market?

Heating, Ventilation, and Air Conditioning (HVAC) equipment refers to systems and devices designed to control the indoor climate and air quality in buildings, ensuring comfort and safety. These systems regulate temperature, humidity, and airflow to maintain a healthy and comfortable environment in residential, commercial, and industrial settings. For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here

How will the heating, ventilation, and air conditioning (HVAC) equipment market drivers and restraints affect the heating, ventilation, and air conditioning (HVAC) equipment market dynamics? What forces will shape the heating, ventilation, and air conditi

The heating, ventilation, and air conditioning (HVAC) equipment market major growth driver - Increased Residential Construction Boosts HVAC Equipment Market. For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here

What is the forecast market size or the forecast market value of the heating, ventilation, and air conditioning (HVAC) equipment market?

The heating, ventilation, and air conditioning (HVAC) equipment market size has grown strongly in recent years. It will grow from $154.95 billion in 2023 to $166.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to an increase in infrastructure development, increased cooling unit demand, an increase in urban population, increased energy efficiency in HVAC systems, and increased construction of residential buildings. The heating, ventilation, and air conditioning (HVAC) equipment market size is expected to see strong growth in the next few years. It will grow to $222.8 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing global warming, rising disposable income, rising awareness of environmental sustainability, and the growing need for energy-efficient solutions. Major trends in the forecast period include technological advancements, the integration of smart technologies and IoT, green HVAC solutions, the integration of AI and machine learning, and incentives for renewable energy adoption. For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here

How is the heating, ventilation, and air conditioning (HVAC) equipment market segmented?

The heating, ventilation, and air conditioning (HVAC) equipment market is segmented
1) By Type: Heating, Air Conditioning, Ventilation, Other Types
2) Service Type: Installation Services, Maintenance And Repair Services, Upgradation Or Replacement Services, Consulting Services
3) By System Type: Central, Decentralized
4) By Business Type: New Construction, Retrofits
5) By End-User: Residential, Commercial, Industrial For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market,
request a sample here

Which region has the largest share of the heating, ventilation, and air conditioning (HVAC) equipment market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the heating, ventilation, and air conditioning (HVAC) equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heating, ventilation, and air conditioning (HVAC) equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here.

Who are the major players in the heating, ventilation, and air conditioning (HVAC) equipment market?

Major companies operating in the heating, ventilation, and air conditioning (HVAC) equipment market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Eaton Corporation plc, Carrier Global Corporation, Trane Technologies plc, Lennox International Inc., Grundfos Holding A/S, Goodman Manufacturing Company L.P., AS America Inc., Rinnai Corporation, Modine Manufacturing Company, Rheem Manufacturing Company, Eureka Forbes Limited, Baltimore Aircoil Company Inc., ClimateMaster Inc., York International Corporation, GREE Electric Appliances Inc., Dimplex North America Limited, Navien Inc., Soler & Palau Ventilation Group S.A For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here.

What are the key trends in the heating, ventilation, and air conditioning (HVAC) equipment market?

Major trend in the heating, ventilation, and air conditioning (HVAC) equipment market - Advanced HVAC Solutions With Smart Technology And Energy Efficiency. For further insights on the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here.

What are the major opportunities in the heating, ventilation, and air conditioning (HVAC) equipment market? What are the strategies for the heating, ventilation, and air conditioning (HVAC) equipment market?

For detailed insights on the major opportunities and strategies in the heating, ventilation, and air conditioning (HVAC) equipment market, request a sample here.

How does the heating, ventilation, and air conditioning (HVAC) equipment market relate to the overall economy and other similar markets?

For detailed insights on heating, ventilation, and air conditioning (HVAC) equipment market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the heating, ventilation, and air conditioning (HVAC) equipment industry?

For detailed insights on the mergers and acquisitions in the heating, ventilation, and air conditioning (HVAC) equipment industry, request a sample here.

What are the key dynamics influencing the heating, ventilation, and air conditioning (HVAC) equipment market growth? SWOT analysis of the heating, ventilation, and air conditioning (HVAC) equipment market.

For detailed insights on the key dynamics influencing the heating, ventilation, and air conditioning (HVAC) equipment market growth and SWOT analysis of the heating, ventilation, and air conditioning (HVAC) equipment industry, request a sample here.