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Commercial HVAC-Global Market Insights and Sales Trends 2025
Synopsis
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, on ships and submarines, and in marine environments, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fresh air from outdoors
The global Commercial HVAC market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial HVAC in various end use industries. The expanding demands from the Offices, Hotels, Supermarket and Others, are propelling Commercial HVAC market. Equipment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Services segment is estimated at % CAGR for the next seven-year period.
Heating, ventilation, and air conditioning systems are essential to any commercial space, industrial facility, or high-rise building. Whatever type of building you own and operate, the HVAC system is crucial to the cost-effectiveness of your company’s operations. That’s why any facility manager, business owner, or property manager will tell you that their jobs are made much easier when they have a reliable and experienced HVAC contractor they can trust.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial HVAC, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial HVAC market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial HVAC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial HVAC sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial HVAC covered in this report include DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics and United Technologies (Carrier), etc.
The global Commercial HVAC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DAIKIN INDUSTRIES
Ingersoll-Rand
Johnson Controls
Lennox International
LG Electronics
United Technologies (Carrier)
Global Commercial HVAC market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial HVAC market, Segment by Type:
Equipment
Services
Global Commercial HVAC market, by Application
Offices
Hotels
Supermarket
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial HVAC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial HVAC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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, on ships and submarines, and in marine environments, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fresh air from outdoors
The global Commercial HVAC market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial HVAC in various end use industries. The expanding demands from the Offices, Hotels, Supermarket and Others, are propelling Commercial HVAC market. Equipment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Services segment is estimated at % CAGR for the next seven-year period.
Heating, ventilation, and air conditioning systems are essential to any commercial space, industrial facility, or high-rise building. Whatever type of building you own and operate, the HVAC system is crucial to the cost-effectiveness of your company’s operations. That’s why any facility manager, business owner, or property manager will tell you that their jobs are made much easier when they have a reliable and experienced HVAC contractor they can trust.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial HVAC, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial HVAC market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial HVAC market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial HVAC sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial HVAC covered in this report include DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics and United Technologies (Carrier), etc.
The global Commercial HVAC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DAIKIN INDUSTRIES
Ingersoll-Rand
Johnson Controls
Lennox International
LG Electronics
United Technologies (Carrier)
Global Commercial HVAC market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial HVAC market, Segment by Type:
Equipment
Services
Global Commercial HVAC market, by Application
Offices
Hotels
Supermarket
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial HVAC manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial HVAC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial HVAC Market Overview
1.1 Commercial HVAC Product Overview
1.2 Commercial HVAC Market Segment by Type
1.2.1 Equipment
1.2.2 Services
1.3 Global Commercial HVAC Market Size by Type
1.3.1 Global Commercial HVAC Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial HVAC Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial HVAC Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial HVAC Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial HVAC Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial HVAC Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial HVAC Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial HVAC Sales Breakdown by Type (2018-2023)
2 Global Commercial HVAC Market Competition by Company
2.1 Global Top Players by Commercial HVAC Sales (2018-2023)
2.2 Global Top Players by Commercial HVAC Revenue (2018-2023)
2.3 Global Top Players by Commercial HVAC Price (2018-2023)
2.4 Global Top Manufacturers Commercial HVAC Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial HVAC Market Competitive Situation and Trends
2.5.1 Commercial HVAC Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial HVAC Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial HVAC as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial HVAC Market
2.8 Key Manufacturers Commercial HVAC Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial HVAC Status and Outlook by Region
3.1 Global Commercial HVAC Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial HVAC Historic Market Size by Region
3.2.1 Global Commercial HVAC Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial HVAC Sales in Value by Region (2018-2023)
3.2.3 Global Commercial HVAC Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial HVAC Forecasted Market Size by Region
3.3.1 Global Commercial HVAC Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial HVAC Sales in Value by Region (2024-2029)
3.3.3 Global Commercial HVAC Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial HVAC by Application
4.1 Commercial HVAC Market Segment by Application
4.1.1 Offices
4.1.2 Hotels
4.1.3 Supermarket
4.1.4 Others
4.2 Global Commercial HVAC Market Size by Application
4.2.1 Global Commercial HVAC Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial HVAC Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial HVAC Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial HVAC Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial HVAC Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial HVAC Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial HVAC Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial HVAC Sales Breakdown by Application (2018-2023)
5 North America Commercial HVAC by Country
5.1 North America Commercial HVAC Historic Market Size by Country
5.1.1 North America Commercial HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial HVAC Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial HVAC Sales in Value by Country (2018-2023)
5.2 North America Commercial HVAC Forecasted Market Size by Country
5.2.1 North America Commercial HVAC Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial HVAC Sales in Value by Country (2024-2029)
6 Europe Commercial HVAC by Country
6.1 Europe Commercial HVAC Historic Market Size by Country
6.1.1 Europe Commercial HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial HVAC Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial HVAC Sales in Value by Country (2018-2023)
6.2 Europe Commercial HVAC Forecasted Market Size by Country
6.2.1 Europe Commercial HVAC Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial HVAC Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial HVAC by Region
7.1 Asia-Pacific Commercial HVAC Historic Market Size by Region
7.1.1 Asia-Pacific Commercial HVAC Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial HVAC Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial HVAC Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial HVAC Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial HVAC Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial HVAC Sales in Value by Region (2024-2029)
8 Latin America Commercial HVAC by Country
8.1 Latin America Commercial HVAC Historic Market Size by Country
8.1.1 Latin America Commercial HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial HVAC Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial HVAC Sales in Value by Country (2018-2023)
8.2 Latin America Commercial HVAC Forecasted Market Size by Country
8.2.1 Latin America Commercial HVAC Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial HVAC Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial HVAC by Country
9.1 Middle East and Africa Commercial HVAC Historic Market Size by Country
9.1.1 Middle East and Africa Commercial HVAC Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial HVAC Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial HVAC Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial HVAC Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial HVAC Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial HVAC Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DAIKIN INDUSTRIES
10.1.1 DAIKIN INDUSTRIES Company Information
10.1.2 DAIKIN INDUSTRIES Introduction and Business Overview
10.1.3 DAIKIN INDUSTRIES Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DAIKIN INDUSTRIES Commercial HVAC Products Offered
10.1.5 DAIKIN INDUSTRIES Recent Development
10.2 Ingersoll-Rand
10.2.1 Ingersoll-Rand Company Information
10.2.2 Ingersoll-Rand Introduction and Business Overview
10.2.3 Ingersoll-Rand Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Ingersoll-Rand Commercial HVAC Products Offered
10.2.5 Ingersoll-Rand Recent Development
10.3 Johnson Controls
10.3.1 Johnson Controls Company Information
10.3.2 Johnson Controls Introduction and Business Overview
10.3.3 Johnson Controls Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Johnson Controls Commercial HVAC Products Offered
10.3.5 Johnson Controls Recent Development
10.4 Lennox International
10.4.1 Lennox International Company Information
10.4.2 Lennox International Introduction and Business Overview
10.4.3 Lennox International Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Lennox International Commercial HVAC Products Offered
10.4.5 Lennox International Recent Development
10.5 LG Electronics
10.5.1 LG Electronics Company Information
10.5.2 LG Electronics Introduction and Business Overview
10.5.3 LG Electronics Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.5.4 LG Electronics Commercial HVAC Products Offered
10.5.5 LG Electronics Recent Development
10.6 United Technologies (Carrier)
10.6.1 United Technologies (Carrier) Company Information
10.6.2 United Technologies (Carrier) Introduction and Business Overview
10.6.3 United Technologies (Carrier) Commercial HVAC Sales, Revenue and Gross Margin (2018-2023)
10.6.4 United Technologies (Carrier) Commercial HVAC Products Offered
10.6.5 United Technologies (Carrier) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial HVAC Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial HVAC Industrial Chain Analysis
11.4 Commercial HVAC Market Dynamics
11.4.1 Commercial HVAC Industry Trends
11.4.2 Commercial HVAC Market Drivers
11.4.3 Commercial HVAC Market Challenges
11.4.4 Commercial HVAC Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial HVAC Distributors
12.3 Commercial HVAC Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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