Global HVAC System Market

Global HVAC System Market Size, Trends & Analysis - Forecasts To 2026 By Heating Equipment (Heat Pumps, Furnaces, Unitary Heaters, Boilers), By Ventilation Equipment (Air-Handling Units, Air Filters, Dehumidifiers, Ventilation Fans, Humidifiers, Air Purifiers), By Cooling Equipment (Unitary Air Conditioners, VRF Systems, Chillers, Room Air Conditioners, Coolers, Cooling Towers), By Implementation Type (New Constructions, Retrofits), By Application (Commercial, Residential, Industrial), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Category Energy & Power
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This report was recently updated on December 19 2024 with the latest and most recent market numbers

HVAC System Market: Insights

The global HVAC System market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the HVAC System market is anticipated to increase with the rising demand for HVAC systems due to need for upgrade or refurbishment , growing demand for energy-efficient solutions  and growing trend of smart homes among others.

HVAC System Market

HVAC System Market: By Heating Equipment

On the basis of heating equipment, the global HVAC System market is segmented into heat pumps, furnaces, unitary heaters and boilers.  The report contains quantitative insights about the following:

  1. Introduction   
    1. HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)      
  2. Heat Pumps  
    1. Heat Pumps: HVAC System Market, 2018-2026 (USD Million)          
  3. Furnaces       
    1. Furnaces: HVAC System Market, 2018-2026 (USD Million)
  4. Unitary Heaters         
    1. Unitary Heaters: HVAC System Market, 2018-2026 (USD Million)
  5. Boilers           
    1. Boilers: HVAC System Market, 2018-2026 (USD Million)

HVAC System Market: By Ventilation Equipment

On the basis of ventilation equipment, the global HVAC System market is segmented into air-handling units, air filters, dehumidifiers, ventilation fans, humidifiers and air purifiers.  The report contains quantitative insights about the following:

  1. Introduction   
    1. HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
  2. Air-Handling Units      
    1. Air-Handling Units: HVAC System Market, 2018-2026 (USD Million) 
  3. Air Filters       
    1. Air Filters: HVAC System Market, 2018-2026 (USD Million)
  4. Dehumidifiers
    1. Dehumidifiers: HVAC System Market, 2018-2026 (USD Million)
  5. Ventilation Fans        
    1. Ventilation Fans: HVAC System Market, 2018-2026 (USD Million)
  6. Humidifiers    
    1. Humidifiers: HVAC System Market, 2018-2026 (USD Million)
  7. Air Purifiers    
    1. Air Purifiers: HVAC System Market, 2018-2026 (USD Million)

HVAC System Market: By Cooling Equipment

On the basis of cooling equipment, the global HVAC System market is segmented into unitary air conditioners, vrf systems, chillers, room air conditioners, coolers and cooling towers.  The report contains quantitative insights about the following:

  1. Introduction   
    1. HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
  2. Unitary Air Conditioners         
    1. Unitary Air Conditioners: HVAC System Market, 2018-2026 (USD Million)    
  3. VRF Systems  
    1. VRF Systems: HVAC System Market, 2018-2026 (USD Million)
  4. Chillers
    1. Chillers: HVAC System Market, 2018-2026 (USD Million)
  5. Room Air Conditioners
    1. Room Air Conditioners: HVAC System Market, 2018-2026 (USD Million)
  6. Coolers           
    1. Coolers: HVAC System Market, 2018-2026 (USD Million)
  7. Cooling Towers           
    1. Cooling Towers: HVAC System Market, 2018-2026 (USD Million)

HVAC System Market: By Implementation Type

On the basis of implementation type, the global HVAC System market is segmented into new constructions and retrofits. The report contains quantitative insights about the following:

  1. Introduction   
    1. HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)  
  2. New Constructions    
    1. New Constructions: HVAC System Market, 2018-2026 (USD Million)           
  3. Retrofits        
    1. Retrofits: HVAC System Market, 2018-2026 (USD Million)

HVAC System Market: By Application

On the basis of application, the global HVAC System market is segmented into commercial, Residential, and Industrial. The report contains quantitative insights about the following:

  1. Introduction   
    1. HVAC System Market, By End-Use, 2018-2026 (USD Million)           
  2. Commercial   
    1. Commercial: HVAC System Market, 2018-2026 (USD Million)          
  3. Residential    
    1. Residential: HVAC System Market, 2018-2026 (USD Million)
  4. Industrial       
    1. Industrial: HVAC System Market, 2018-2026 (USD Million) 

Global HVAC System Market

HVAC System Market: By Region

On the basis of region, the global HVAC System market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The countries covered include: U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, and South Africa among others. The report provides qualitative & quantitative insights both at a regional as well as country level.

  1. Introduction    
    1. Global HVAC System Market, Regional Analysis, 2018-2026 (USD Million)   
  2. North America
    1. North America HVAC System Market, Regional Analysis, 2018-2026 (USD Million)  
      1. By Heating Equipment  
        1. North America HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)   
      2. By Ventilation Equipment           
        1. North America HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)             
      3. By Cooling Equipment   
        1. North America HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)    
      4. By Implementation Type             
        1. North America HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
      5. By Application  
        1. North America HVAC System Market, By Application, 2018-2026 (USD Million)   
      6. By Country         
        1. U.S        
          1. By Heating Equipment  
            1. U.S HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)          
          2. By Ventilation Equipment           
            1. U.S HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)   
          3. By Cooling Equipment   
            1. U.S HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)          
          4. By Implementation Type             
            1. U.S HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. U.S HVAC System Market, By Application, 2018-2026 (USD Million)          
        2. Canada.               
          1. By Heating Equipment  
            1. Canada HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)  
          2. By Ventilation Equipment           
            1. Canada HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Canada HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)  
          4. By Implementation Type             
            1. Canada HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. Canada HVAC System Market, By Application, 2018-2026 (USD Million)  
        3. Mexico
          1. By Heating Equipment  
            1. Mexico HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)  
          2. By Ventilation Equipment           
            1. Mexico HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Mexico HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)  
          4. By Implementation Type             
            1. Mexico HVAC System Market, By Implementation Type, 2018-2026 (USD Million)       
          5. By Application  
            1. Mexico HVAC System Market, By Application, 2018-2026 (USD Million)
  3. Europe               
    1. Europe HVAC System Market, Regional Analysis, 2018-2026 (USD Million) 
      1. By Heating Equipment  
        1. Europe HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)  
      2. By Ventilation Equipment           
        1. Europe HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)           
      3. By Cooling Equipment   
        1. Europe HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)   
      4. By Implementation Type             
        1. Europe HVAC System Market, By Implementation Type, 2018-2026 (USD Million)             
      5. By Application  
        1. Europe HVAC System Market, By Application, 2018-2026 (USD Million)
      6. By Country         
        1. Germany            
          1. By Heating Equipment  
            1. Germany HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)       
          2. By Ventilation Equipment           
            1. Germany HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Germany HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
          4. By Implementation Type             
            1. Germany HVAC System Market, By Implementation Type, 2018-2026 (USD Million)       
          5. By Application  
            1. Germany HVAC System Market, By Application, 2018-2026 (USD Million)
        2. UK         
          1. By Heating Equipment  
            1. UK HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)           
          2. By Ventilation Equipment           
            1. UK HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)    
          3. By Cooling Equipment   
            1. UK HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)           
          4. By Implementation Type             
            1. UK HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. UK HVAC System Market, By Application, 2018-2026 (USD Million)           
        3. France 
          1. By Heating Equipment  
            1. France HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)   
          2. By Ventilation Equipment           
            1. France HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. France HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)    
          4. By Implementation Type             
            1. France HVAC System Market, By Implementation Type, 2018-2026 (USD Million)       
          5. By Application  
            1. France HVAC System Market, By Application, 2018-2026 (USD Million)
        4. Italy      
          1. By Heating Equipment  
            1. Italy HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)        
          2. By Ventilation Equipment           
            1. Italy HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million) 
          3. By Cooling Equipment   
            1. Italy HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)         
          4. By Implementation Type             
            1. Italy HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. Italy HVAC System Market, By Application, 2018-2026 (USD Million)        
        5. Spain    
          1. By Heating Equipment  
            1. Spain HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)      
          2. By Ventilation Equipment           
            1. Spain HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Spain HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)      
          4. By Implementation Type             
            1. Spain HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. Spain HVAC System Market, By Application, 2018-2026 (USD Million)                      
        6. Rest Of Europe
          1. By Heating Equipment  
            1. Rest Of Europe HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)        
          2. By Ventilation Equipment           
            1. Rest Of Europe HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)        
          3. By Cooling Equipment   
            1. Rest Of Europe HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)        
          4. By Implementation Type             
            1. Rest Of Europe HVAC System Market, By Implementation Type, 2018-2026 (USD Million)        
          5. By Application  
            1. Rest Of Europe HVAC System Market, By Application, 2018-2026 (USD Million)
  4. Asia Pacific       
    1. Asia Pacific HVAC System Market, Regional Analysis, 2018-2026 (USD Million)          
      1. By Heating Equipment  
        1. Asia Pacific HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)           
      2. By Ventilation Equipment           
        1. Asia Pacific HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)    
      3. By Cooling Equipment   
        1. Asia Pacific HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)           
      4. By Implementation Type             
        1. Asia Pacific HVAC System Market, By Implementation Type, 2018-2026 (USD Million)      
      5. By Country         
        1. China    
          1. By Heating Equipment  
            1. China HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)     
          2. By Ventilation Equipment           
            1. China HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. China HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)      
          4. By Implementation Type             
            1. China HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. China HVAC System Market, By Application, 2018-2026 (USD Million)
        2. Japan   
          1. By Heating Equipment  
            1. Japan HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)     
          2. By Ventilation Equipment           
            1. Japan HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Japan HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)      
          4. By Implementation Type             
            1. Japan HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. Japan HVAC System Market, By Application, 2018-2026 (USD Million)
        3. India     
          1. By Heating Equipment  
            1. India HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)       
          2. By Ventilation Equipment           
            1. India HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)
          3. By Cooling Equipment   
            1. India HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
          4. By Implementation Type             
            1. India HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. India HVAC System Market, By Application, 2018-2026 (USD Million)       
        4. South Korea      
          1. By Heating Equipment  
            1. South Korea HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)       
          2. By Ventilation Equipment           
            1. South Korea HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)        
          3. By Cooling Equipment   
            1. South Korea HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
          4. By Implementation Type             
            1. South Korea HVAC System Market, By Implementation Type, 2018-2026 (USD Million)        
          5. By Application  
            1. South Korea HVAC System Market, By Application, 2018-2026 (USD Million)
  5. Central & South America            
    1. Central & South America HVAC System Market, Regional Analysis, 2018-2026 (USD Million)              
      1. By Heating Equipment  
        1. Central & South America HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)              
      2. By Ventilation Equipment           
        1. Central & South America HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)              
      3. By Cooling Equipment   
        1. Central & South America HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)              
      4. By Implementation Type             
        1. Central & South America HVAC System Market, By Implementation Type, 2018-2026 (USD Million)              
      5. By Application  
        1. Central & South America HVAC System Market, By Application, 2018-2026 (USD Million)
      6. By Country         
        1. Brazil    
          1. By Heating Equipment  
            1. Brazil HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)      
          2. By Ventilation Equipment           
            1. Brazil HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)       
          3. By Cooling Equipment   
            1. Brazil HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
          4. By Implementation Type             
            1. Brazil HVAC System Market, By Implementation Type, 2018-2026 (USD Million) 
          5. By Application  
            1. Brazil HVAC System Market, By Application, 2018-2026 (USD Million)
  6. Middle East & Africa     
    1. Middle East & Africa HVAC System Market, Regional Analysis, 2018-2026 (USD Million)       
      1. By Heating Equipment  
        1. Middle East & Africa HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)             
      2. By Ventilation Equipment           
        1. Middle East & Africa HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)              
      3. By Cooling Equipment   
        1. Middle East & Africa HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)             
      4. By Implementation Type             
        1. Middle East & Africa HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
      5. By Application  
        1. Middle East & Africa HVAC System Market, By Application, 2018-2026 (USD Million)        
      6. By Country         
        1. Saudi Arabia      
          1. By Heating Equipment  
            1. Saudi Arabia HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)       
          2. By Ventilation Equipment           
            1. Saudi Arabia HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million)        
          3. By Cooling Equipment   
            1. Saudi Arabia HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)       
          4. By Implementation Type             
            1. Saudi Arabia HVAC System Market, By Implementation Type, 2018-2026 (USD Million)        
          5. By Application  
            1. Saudi Arabia HVAC System Market, By Application, 2018-2026 (USD Million)
        2. UAE      
          1. By Heating Equipment  
            1. UAE HVAC System Market, By Heating Equipment, 2018-2026 (USD Million)        
          2. By Ventilation Equipment           
            1. UAE HVAC System Market, By Ventilation Equipment, 2018-2026 (USD Million) 
          3. By Cooling Equipment   
            1. UAE HVAC System Market, By Cooling Equipment, 2018-2026 (USD Million)         
          4. By Implementation Type             
            1. UAE HVAC System Market, By Implementation Type, 2018-2026 (USD Million)
          5. By Application  
            1. UAE HVAC System Market, By Application, 2018-2026 (USD Million)

HVAC System Market: End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase HVAC System. The key end-users of the markets are Ford, LG, Samsung, and Apple among others.

HVAC System Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

HVAC System Market: Share & Competitor Analysis

Some of the key players operating in the HVAC System market are Daikin, Ingersoll Rand, Johnson Controls, LG Electronics, United Technologies, Electrolux, Emerson, Honeywell, Lennox, Mitsubishi Electric, Nortek, and Samsung Electronics among others.

Please note: This is not an exhaustive list of companies profiled in the report.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL HVAC SYSTEMS MARKET, BY EQUIPMENT

4.1   Introduction

4.2   HVAC Systems Market: Equipment Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Heat Pump

4.4.1        Heat Pump Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Furnace

4.5.1        Furnace Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Unitary Heaters

4.6.1        Unitary Heaters Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Boilers

4.7.1        Boilers Market Estimates and Forecast, 2021-2029 (USD Million)

4.8   Air Purifier

4.8.1        Air Purifier Market Estimates and Forecast, 2021-2029 (USD Million)

4.9   Dehumidifier

4.9.1        Dehumidifier Market Estimates and Forecast, 2021-2029 (USD Million)

4.10 Air Handling Units

4.10.1      Air Handling Units Market Estimates and Forecast, 2021-2029 (USD Million)

4.11 Ventilation Fans

4.11.1      Ventilation Fans Market Estimates and Forecast, 2021-2029 (USD Million)

4.12 Air Conditioning

4.12.1      Air Conditioning Market Estimates and Forecast, 2021-2029 (USD Million)

4.13 Chillers

4.13.1      Chillers Market Estimates and Forecast, 2021-2029 (USD Million)

4.14 Cooling Towers

4.14.1      Cooling Towers Market Estimates and Forecast, 2021-2029 (USD Million)

4.15 Others

4.15.1      Others Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL HVAC SYSTEMS MARKET, BY END USER

5.1   Introduction

5.2   HVAC Systems Market: End User Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Residential

5.4.1        Residential Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Commercial

5.5.1        Commercial Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Industrial

5.6.1        Industrial Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL HVAC SYSTEMS MARKET, BY REGION

6.1   Introduction

6.2   North America HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Equipment

6.2.2        By End User

6.2.3        By Country

6.2.3.1     U.S. HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Equipment

6.2.3.1.2        By End User

6.2.3.2     Canada HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Equipment

6.2.3.2.2        By End User

6.2.3.3     Mexico HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Equipment

6.2.3.3.2        By End User

6.3   Europe HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Equipment

6.3.2        By End User

6.3.3        By Country

6.3.3.1     Germany HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Equipment

6.3.3.1.2        By End User

6.3.3.2     U.K. HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Equipment

6.3.3.2.2        By End User

6.3.3.3     France HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Equipment

6.3.3.3.2        By End User

6.3.3.4     Italy HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Equipment

6.3.3.4.2        By End User

6.3.3.5     Spain HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Equipment

6.3.3.5.2        By End User

6.3.3.6     Netherlands HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Equipment

6.3.3.6.2        By End User

6.3.3.7     Rest of Europe HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Equipment

6.3.3.6.2        By End User

6.4   Asia Pacific HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Equipment

6.4.2        By End User

6.4.3        By Country

6.4.3.1     China HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Equipment

6.4.3.1.2        By End User

6.4.3.2     Japan HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Equipment

6.4.3.2.2        By End User

6.4.3.3     India HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Equipment

6.4.3.3.2        By End User

6.4.3.4     South Korea HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Equipment

6.4.3.4.2        By End User

6.4.3.5     Singapore HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Equipment

6.4.3.5.2        By End User

6.4.3.6     Malaysia HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Equipment

6.4.3.6.2        By End User

6.4.3.7     Thailand HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Equipment

6.4.3.6.2        By End User

6.4.3.8     Indonesia HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Equipment

6.4.3.7.2        By End User

6.4.3.9     Vietnam HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Equipment

6.4.3.8.2        By End User

6.4.3.10  Taiwan HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Equipment

6.4.3.10.2 By End User

6.4.3.11  Rest of Asia Pacific HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Equipment

6.4.3.11.2 By End User

6.5   Middle East and Africa HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Equipment

6.5.2        By End User

6.5.3        By Country

6.5.3.1     Saudi Arabia HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Equipment

6.5.3.1.2        By End User

6.5.3.2     U.A.E. HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Equipment

6.5.3.2.2        By End User

6.5.3.3     Israel HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Equipment

6.5.3.3.2        By End User

6.5.3.4     South Africa HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Equipment

6.5.3.4.2        By End User

6.5.3.5     Rest of Middle East and Africa HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Equipment

6.5.3.5.2        By End User

6.6   Central and South America HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Equipment

6.6.2        By End User

6.6.3        By Country

6.6.3.1     Brazil HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Equipment

6.6.3.1.2        By End User

6.6.3.2     Argentina HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Equipment

6.6.3.2.2        By End User

6.6.3.3     Chile HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Equipment

6.6.3.3.2        By End User

6.6.3.3     Rest of Central and South America HVAC Systems Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Equipment

6.6.3.3.2        By End User

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Carrier Corporation

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Daikin Industries, Ltd.

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Fujitsu

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Haier Group

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Havells India Ltd.

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        HITACHI LTD.

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Johnson Controls  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        LG Electronics

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Lennox International Inc.

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Mitsubishi Electric Corporation

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

2 Heat Pump Market, By Region, 2021-2029 (USD Million)

3 Furnace Market, By Region, 2021-2029 (USD Million)

4 Unitary Heaters Market, By Region, 2021-2029 (USD Million)

5 Boilers Market, By Region, 2021-2029 (USD Million)

6 Air Purifier Market, By Region, 2021-2029 (USD Million)

7 Dehumidifier Market, By Region, 2021-2029 (USD Million)

8 Air Handling Units Market, By Region, 2021-2029 (USD Million)

9 Ventilation Fans Market, By Region, 2021-2029 (USD Million)

10 Air Conditioning Market, By Region, 2021-2029 (USD Million)

11 Chillers Market, By Region, 2021-2029 (USD Million)

12 Cooling Towers Market, By Region, 2021-2029 (USD Million)

13 Others Market, By Region, 2021-2029 (USD Million)

14 Global HVAC Systems Market, By End User, 2021-2029 (USD Million)

15 Residential Market, By Region, 2021-2029 (USD Million)

16 Commercial Market, By Region, 2021-2029 (USD Million)

17 Industrial Market, By Region, 2021-2029 (USD Million)

18 Regional Analysis, 2021-2029 (USD Million)

19 North America HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

20 North America HVAC Systems Market, By End User, 2021-2029 (USD Million)

21 North America HVAC Systems Market, By COUNTRY, 2021-2029 (USD Million)

22 U.S. HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

23 U.S. HVAC Systems Market, By End User, 2021-2029 (USD Million)

24 Canada HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

25 Canada HVAC Systems Market, By End User, 2021-2029 (USD Million)

26 Mexico HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

27 Mexico HVAC Systems Market, By End User, 2021-2029 (USD Million)

28 Europe HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

29 Europe HVAC Systems Market, By End User, 2021-2029 (USD Million)

30 Europe HVAC Systems Market, By Country, 2021-2029 (USD Million)

31 Germany HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

32 Germany HVAC Systems Market, By End User, 2021-2029 (USD Million)

33 U.K. HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

34 U.K. HVAC Systems Market, By End User, 2021-2029 (USD Million)

35 France HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

36 France HVAC Systems Market, By End User, 2021-2029 (USD Million)

37 Italy HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

38 Italy HVAC Systems Market, By End User, 2021-2029 (USD Million)

39 Spain HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

40 Spain HVAC Systems Market, By End User, 2021-2029 (USD Million)

41 Netherlands HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

42 Netherlands HVAC Systems Market, By End User, 2021-2029 (USD Million)

43 Rest Of Europe HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

44 Rest Of Europe HVAC Systems Market, By End User, 2021-2029 (USD Million)

45 Asia Pacific HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

46 Asia Pacific HVAC Systems Market, By End User, 2021-2029 (USD Million)

47 Asia Pacific HVAC Systems Market, By Country, 2021-2029 (USD Million)

48 China HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

49 China HVAC Systems Market, By End User, 2021-2029 (USD Million)

50 Japan HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

51 Japan HVAC Systems Market, By End User, 2021-2029 (USD Million)

52 India HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

53 India HVAC Systems Market, By End User, 2021-2029 (USD Million)

54 South Korea HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

55 South Korea HVAC Systems Market, By End User, 2021-2029 (USD Million)

56 Singapore HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

57 Singapore HVAC Systems Market, By End User, 2021-2029 (USD Million)

58 Thailand HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

59 Thailand HVAC Systems Market, By End User, 2021-2029 (USD Million)

60 Malaysia HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

61 Malaysia HVAC Systems Market, By End User, 2021-2029 (USD Million)

62 Indonesia HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

63 Indonesia HVAC Systems Market, By End User, 2021-2029 (USD Million)

64 Vietnam HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

65 Vietnam HVAC Systems Market, By End User, 2021-2029 (USD Million)

66 Taiwan HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

67 Taiwan HVAC Systems Market, By End User, 2021-2029 (USD Million)

68 Rest of APAC HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

69 Rest of APAC HVAC Systems Market, By End User, 2021-2029 (USD Million)

70 Middle East and Africa HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

71 Middle East and Africa HVAC Systems Market, By End User, 2021-2029 (USD Million)

72 Middle East and Africa HVAC Systems Market, By Country, 2021-2029 (USD Million)

73 Saudi Arabia HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

74 Saudi Arabia HVAC Systems Market, By End User, 2021-2029 (USD Million)

75 UAE HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

76 UAE HVAC Systems Market, By End User, 2021-2029 (USD Million)

77 Israel HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

78 Israel HVAC Systems Market, By End User, 2021-2029 (USD Million)           

79 South Africa HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

80 South Africa HVAC Systems Market, By End User, 2021-2029 (USD Million)

81 Rest Of Middle East and Africa HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

82 Rest Of Middle East and Africa HVAC Systems Market, By End User, 2021-2029 (USD Million)

83 Central and  South America HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

84 Central and South America HVAC Systems Market, By End User, 2021-2029 (USD Million)

85 Central and South America HVAC Systems Market, By Country, 2021-2029 (USD Million)

86 Brazil HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

87 Brazil HVAC Systems Market, By End User, 2021-2029 (USD Million)           

88 Chile HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

89 Chile HVAC Systems Market, By End User, 2021-2029 (USD Million)

90 Argentina HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

91 Argentina HVAC Systems Market, By End User, 2021-2029 (USD Million)

92 Rest Of Central and South America HVAC Systems Market, By Equipment, 2021-2029 (USD Million)

93 Rest Of Central and South America HVAC Systems Market, By End User, 2021-2029 (USD Million)

94 Carrier Corporation: Products & Services Offering

95 Daikin Industries, Ltd.: Products & Services Offering

96 Fujitsu: Products & Services Offering

97 Haier Group: Products & Services Offering

98 Havells India Ltd.: Products & Services Offering

99 HITACHI LTD.: Products & Services Offering

100 Johnson Controls: Products & Services Offering

101 LG Electronics: Products & Services Offering

102 Lennox International Inc.: Products & Services Offering

103 Mitsubishi Electric Corporation: Products & Services Offering

104 Other Companies: Products & Services Offering

LIST OF FIGURES

1 Global HVAC Systems Market Overview

2 Global HVAC Systems Market Value From 2021-2029 (USD Million)

3 Global HVAC Systems Market Share, By Equipment (2023)

4 Global HVAC Systems Market Share, By End User (2023)

5 Global HVAC Systems Market, By Region (Asia Pacific Market)

6 Technological Trends In Global HVAC Systems Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global HVAC Systems Market

10 Impact Of Challenges On The Global HVAC Systems Market

11 Porter’s Five Forces Analysis

12 Global HVAC Systems Market: By Equipment Scope Key Takeaways

13 Global HVAC Systems Market, By Equipment Segment: Revenue Growth Analysis

14 Heat Pump Market, By Region, 2021-2029 (USD Million)

15 Furnace Market, By Region, 2021-2029 (USD Million)

16 Unitary Heaters Market, By Region, 2021-2029 (USD Million)

17 Boilers Market, By Region, 2021-2029 (USD Million)

18 Air Purifier Market, By Region, 2021-2029 (USD Million)

19 Dehumidifier Market, By Region, 2021-2029 (USD Million)

20 Air Handling Units Market, By Region, 2021-2029 (USD Million)

21 Ventilation Fans Market, By Region, 2021-2029 (USD Million)

22 Air Conditioning Market, By Region, 2021-2029 (USD Million)

23 Chillers Market, By Region, 2021-2029 (USD Million)

24 Cooling Towers Market, By Region, 2021-2029 (USD Million)

25 Others Market, By Region, 2021-2029 (USD Million)

26 Global HVAC Systems Market: By End User Scope Key Takeaways

27 Global HVAC Systems Market, By End User Segment: Revenue Growth Analysis

28 Residential Market, By Region, 2021-2029 (USD Million)

29 Commercial Market, By Region, 2021-2029 (USD Million)

30 Industrial Market, By Region, 2021-2029 (USD Million)

31 Regional Segment: Revenue Growth Analysis

32 Global HVAC Systems Market: Regional Analysis

33 North America HVAC Systems Market Overview

34 North America HVAC Systems Market, By Equipment

35 North America HVAC Systems Market, By End User

36 North America HVAC Systems Market, By Country

37 U.S. HVAC Systems Market, By Equipment

38 U.S. HVAC Systems Market, By End User

39 Canada HVAC Systems Market, By Equipment

40 Canada HVAC Systems Market, By End User

41 Mexico HVAC Systems Market, By Equipment

42 Mexico HVAC Systems Market, By End User

43 Four Quadrant Positioning Matrix

44 Company Market Share Analysis

45 Carrier Corporation: Company Snapshot

46 Carrier Corporation: SWOT Analysis

47 Carrier Corporation: Geographic Presence

48 Daikin Industries, Ltd.: Company Snapshot

49 Daikin Industries, Ltd.: SWOT Analysis

50 Daikin Industries, Ltd.: Geographic Presence

51 Fujitsu: Company Snapshot

52 Fujitsu: SWOT Analysis

53 Fujitsu: Geographic Presence

54 Haier Group: Company Snapshot

55 Haier Group: Swot Analysis

56 Haier Group: Geographic Presence

57 Havells India Ltd.: Company Snapshot

58 Havells India Ltd.: SWOT Analysis

59 Havells India Ltd.: Geographic Presence

60 Hitachi Ltd.: Company Snapshot

61 Hitachi Ltd.: SWOT Analysis

62 Hitachi Ltd.: Geographic Presence

63 Johnson Controls: Company Snapshot

64 Johnson Controls: SWOT Analysis

65 Johnson Controls: Geographic Presence

66 LG Electronics: Company Snapshot

67 LG Electronics: SWOT Analysis

68 LG Electronics: Geographic Presence

69 Lennox International Inc.: Company Snapshot

70 Lennox International Inc.: SWOT Analysis

71 Lennox International Inc.: Geographic Presence

72 Mitsubishi Electric Corporation: Company Snapshot

73 Mitsubishi Electric Corporation: SWOT Analysis

74 Mitsubishi Electric Corporation: Geographic Presence

75 Other Companies: Company Snapshot

76 Other Companies: SWOT Analysis

77 Other Companies: Geographic Presence 

The global HVAC System Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

HVAC System Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the HVAC System market.

HVAC System Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

HVAC System Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

HVAC System Market

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