The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global HVAC Equipment Market Research Report 2025
Synopsis
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
The global HVAC Equipment market was valued at US$ 134570 million in 2023 and is anticipated to reach US$ 204350 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
Rising population has opened up new avenues for the global HVAC equipment market. Regions like Asia-Pacific are witnessing rapid growth in residential properties, with China and India in the driver’s seat. The largest producer of HVAC equipment is China. It is highly influenced by increasing construction expenditure and rising industrialization. Latest technological breakthroughs have assisted the advancement of new HVAC equipment in the residential segment across the world. This can make the overall processes more efficient, and can significantly improve accuracy in various applications. Growing number of housing units are opening up new arenas for HVAC equipment installations. The residential segment is poised to grow at a faster rate and air conditioner manufacturers were able to increase their top line in Asia-Pacific, because of increase in atmospheric temperature in the region. Inverter ACs are expected to be adopted more in India, as the region is struggling with power shortage; even cities have regular power cuts. All these factors are delivering and creating an impact in the residential market.
This report aims to provide a comprehensive presentation of the global market for HVAC Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC Equipment.
Report Scope
The HVAC Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HVAC Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVAC Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Carrier
DAIKIN INDUSTRIES
Ingersoll Rand
Johnson Controls
LG Electronics
Segment by Type
Furnace
Heat Pump
Central Air Conditioning
Room Air Conditioning
Others
Segment by Application
Non-Residential
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HVAC Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HVAC Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HVAC Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
The global HVAC Equipment market was valued at US$ 134570 million in 2023 and is anticipated to reach US$ 204350 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
Rising population has opened up new avenues for the global HVAC equipment market. Regions like Asia-Pacific are witnessing rapid growth in residential properties, with China and India in the driver’s seat. The largest producer of HVAC equipment is China. It is highly influenced by increasing construction expenditure and rising industrialization. Latest technological breakthroughs have assisted the advancement of new HVAC equipment in the residential segment across the world. This can make the overall processes more efficient, and can significantly improve accuracy in various applications. Growing number of housing units are opening up new arenas for HVAC equipment installations. The residential segment is poised to grow at a faster rate and air conditioner manufacturers were able to increase their top line in Asia-Pacific, because of increase in atmospheric temperature in the region. Inverter ACs are expected to be adopted more in India, as the region is struggling with power shortage; even cities have regular power cuts. All these factors are delivering and creating an impact in the residential market.
This report aims to provide a comprehensive presentation of the global market for HVAC Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC Equipment.
Report Scope
The HVAC Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HVAC Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVAC Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Carrier
DAIKIN INDUSTRIES
Ingersoll Rand
Johnson Controls
LG Electronics
Segment by Type
Furnace
Heat Pump
Central Air Conditioning
Room Air Conditioning
Others
Segment by Application
Non-Residential
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HVAC Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HVAC Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HVAC Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 HVAC Equipment Market Overview
1.1 Product Definition
1.2 HVAC Equipment Segment by Type
1.2.1 Global HVAC Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Furnace
1.2.3 Heat Pump
1.2.4 Central Air Conditioning
1.2.5 Room Air Conditioning
1.2.6 Others
1.3 HVAC Equipment Segment by Application
1.3.1 Global HVAC Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Non-Residential
1.3.3 Residential
1.4 Global Market Growth Prospects
1.4.1 Global HVAC Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global HVAC Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global HVAC Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global HVAC Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HVAC Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global HVAC Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of HVAC Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global HVAC Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global HVAC Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of HVAC Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HVAC Equipment, Product Offered and Application
2.8 Global Key Manufacturers of HVAC Equipment, Date of Enter into This Industry
2.9 HVAC Equipment Market Competitive Situation and Trends
2.9.1 HVAC Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest HVAC Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HVAC Equipment Production by Region
3.1 Global HVAC Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global HVAC Equipment Production Value by Region (2019-2030)
3.2.1 Global HVAC Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of HVAC Equipment by Region (2025-2030)
3.3 Global HVAC Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global HVAC Equipment Production by Region (2019-2030)
3.4.1 Global HVAC Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of HVAC Equipment by Region (2025-2030)
3.5 Global HVAC Equipment Market Price Analysis by Region (2019-2024)
3.6 Global HVAC Equipment Production and Value, Year-over-Year Growth
3.6.1 North America HVAC Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe HVAC Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China HVAC Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan HVAC Equipment Production Value Estimates and Forecasts (2019-2030)
4 HVAC Equipment Consumption by Region
4.1 Global HVAC Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global HVAC Equipment Consumption by Region (2019-2030)
4.2.1 Global HVAC Equipment Consumption by Region (2019-2024)
4.2.2 Global HVAC Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America HVAC Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America HVAC Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HVAC Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe HVAC Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific HVAC Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific HVAC Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HVAC Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa HVAC Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global HVAC Equipment Production by Type (2019-2030)
5.1.1 Global HVAC Equipment Production by Type (2019-2024)
5.1.2 Global HVAC Equipment Production by Type (2025-2030)
5.1.3 Global HVAC Equipment Production Market Share by Type (2019-2030)
5.2 Global HVAC Equipment Production Value by Type (2019-2030)
5.2.1 Global HVAC Equipment Production Value by Type (2019-2024)
5.2.2 Global HVAC Equipment Production Value by Type (2025-2030)
5.2.3 Global HVAC Equipment Production Value Market Share by Type (2019-2030)
5.3 Global HVAC Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global HVAC Equipment Production by Application (2019-2030)
6.1.1 Global HVAC Equipment Production by Application (2019-2024)
6.1.2 Global HVAC Equipment Production by Application (2025-2030)
6.1.3 Global HVAC Equipment Production Market Share by Application (2019-2030)
6.2 Global HVAC Equipment Production Value by Application (2019-2030)
6.2.1 Global HVAC Equipment Production Value by Application (2019-2024)
6.2.2 Global HVAC Equipment Production Value by Application (2025-2030)
6.2.3 Global HVAC Equipment Production Value Market Share by Application (2019-2030)
6.3 Global HVAC Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Carrier
7.1.1 Carrier HVAC Equipment Corporation Information
7.1.2 Carrier HVAC Equipment Product Portfolio
7.1.3 Carrier HVAC Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Carrier Main Business and Markets Served
7.1.5 Carrier Recent Developments/Updates
7.2 DAIKIN INDUSTRIES
7.2.1 DAIKIN INDUSTRIES HVAC Equipment Corporation Information
7.2.2 DAIKIN INDUSTRIES HVAC Equipment Product Portfolio
7.2.3 DAIKIN INDUSTRIES HVAC Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 DAIKIN INDUSTRIES Main Business and Markets Served
7.2.5 DAIKIN INDUSTRIES Recent Developments/Updates
7.3 Ingersoll Rand
7.3.1 Ingersoll Rand HVAC Equipment Corporation Information
7.3.2 Ingersoll Rand HVAC Equipment Product Portfolio
7.3.3 Ingersoll Rand HVAC Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ingersoll Rand Main Business and Markets Served
7.3.5 Ingersoll Rand Recent Developments/Updates
7.4 Johnson Controls
7.4.1 Johnson Controls HVAC Equipment Corporation Information
7.4.2 Johnson Controls HVAC Equipment Product Portfolio
7.4.3 Johnson Controls HVAC Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Johnson Controls Main Business and Markets Served
7.4.5 Johnson Controls Recent Developments/Updates
7.5 LG Electronics
7.5.1 LG Electronics HVAC Equipment Corporation Information
7.5.2 LG Electronics HVAC Equipment Product Portfolio
7.5.3 LG Electronics HVAC Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 LG Electronics Main Business and Markets Served
7.5.5 LG Electronics Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HVAC Equipment Industry Chain Analysis
8.2 HVAC Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HVAC Equipment Production Mode & Process
8.4 HVAC Equipment Sales and Marketing
8.4.1 HVAC Equipment Sales Channels
8.4.2 HVAC Equipment Distributors
8.5 HVAC Equipment Customers
9 HVAC Equipment Market Dynamics
9.1 HVAC Equipment Industry Trends
9.2 HVAC Equipment Market Drivers
9.3 HVAC Equipment Market Challenges
9.4 HVAC Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
