The global HVAC market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for energy-efficient HVAC systems and rising awareness about the benefits of these systems. The residential segment accounted for the largest share in 2018, followed by commercial and industrial segments. North America was the leading region in 2018, followed by Europe and Asia Pacific.
-The HVAC market is expected to grow at a CAGR of 3.5% from 2017 to 2022.
-The HVAC market is driven by the need for energy efficiency and sustainability, which are driving the demand for green buildings.
-The HVAC market is also driven by the need for improved indoor air quality in buildings, which has led to increased demand for ventilation systems.
Industry Growth Insights published a new data on “Heating, Ventilation and Air Conditioning (HVAC) Market”. The research report is titled “Heating, Ventilation and Air Conditioning (HVAC) Market research by Types (Heating, Ventilation, Humidity, Integrated Controls), By Applications (Residential, Commercial, Industrial), By Players/Companies Zamil Air Conditioners, Daikin, Lennox International, Ingersoll Rand, Samsung Electronics, Siemens Building Technologies, Johnson Controls, Gree Electric Appliances, Honeywell International, Fujitsu General”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heating, Ventilation and Air Conditioning (HVAC) Market Research Report
By Type
Heating, Ventilation, Humidity, Integrated Controls
By Application
Residential, Commercial, Industrial
By Companies
Zamil Air Conditioners, Daikin, Lennox International, Ingersoll Rand, Samsung Electronics, Siemens Building Technologies, Johnson Controls, Gree Electric Appliances, Honeywell International, Fujitsu General
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Heating, Ventilation and Air Conditioning (HVAC) Market Report Segments:
The global Heating, Ventilation and Air Conditioning (HVAC) market is segmented on the basis of:
Types
Heating, Ventilation, Humidity, Integrated Controls
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zamil Air Conditioners
- Daikin
- Lennox International
- Ingersoll Rand
- Samsung Electronics
- Siemens Building Technologies
- Johnson Controls
- Gree Electric Appliances
- Honeywell International
- Fujitsu General
 Market Overview.svg)
Highlights of The Heating, Ventilation and Air Conditioning (HVAC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heating
- Ventilation
- Humidity
- Integrated Controls
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heating, Ventilation and Air Conditioning (HVAC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heating, ventilation and air conditioning (HVAC) is the process of providing thermal energy for a building or system using mechanical or electronic means.
Some of the major players in the heating, ventilation and air conditioning (hvac) market are Zamil Air Conditioners, Daikin, Lennox International, Ingersoll Rand, Samsung Electronics, Siemens Building Technologies, Johnson Controls, Gree Electric Appliances, Honeywell International, Fujitsu General.
The heating, ventilation and air conditioning (hvac) market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heating, Ventilation and Air Conditioning (HVAC) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heating, Ventilation and Air Conditioning (HVAC) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heating, Ventilation and Air Conditioning (HVAC) Market - Supply Chain
4.5. Global Heating, Ventilation and Air Conditioning (HVAC) Market Forecast
4.5.1. Heating, Ventilation and Air Conditioning (HVAC) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heating, Ventilation and Air Conditioning (HVAC) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heating, Ventilation and Air Conditioning (HVAC) Market Absolute $ Opportunity
5. Global Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
5.3.1. Heating
5.3.2. Ventilation
5.3.3. Humidity
5.3.4. Integrated Controls
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heating, Ventilation and Air Conditioning (HVAC) Demand Share Forecast, 2019-2026
9. North America Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
9.7.1. Heating
9.7.2. Ventilation
9.7.3. Humidity
9.7.4. Integrated Controls
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heating, Ventilation and Air Conditioning (HVAC) Demand Share Forecast, 2019-2026
10. Latin America Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
10.7.1. Heating
10.7.2. Ventilation
10.7.3. Humidity
10.7.4. Integrated Controls
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heating, Ventilation and Air Conditioning (HVAC) Demand Share Forecast, 2019-2026
11. Europe Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
11.7.1. Heating
11.7.2. Ventilation
11.7.3. Humidity
11.7.4. Integrated Controls
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heating, Ventilation and Air Conditioning (HVAC) Demand Share, 2019-2026
12. Asia Pacific Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
12.7.1. Heating
12.7.2. Ventilation
12.7.3. Humidity
12.7.4. Integrated Controls
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heating, Ventilation and Air Conditioning (HVAC) Demand Share, 2019-2026
13. Middle East & Africa Heating, Ventilation and Air Conditioning (HVAC) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heating, Ventilation and Air Conditioning (HVAC) Market Size and Volume Forecast by Type
13.7.1. Heating
13.7.2. Ventilation
13.7.3. Humidity
13.7.4. Integrated Controls
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heating, Ventilation and Air Conditioning (HVAC) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heating, Ventilation and Air Conditioning (HVAC) Market: Market Share Analysis
14.2. Heating, Ventilation and Air Conditioning (HVAC) Distributors and Customers
14.3. Heating, Ventilation and Air Conditioning (HVAC) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zamil Air Conditioners
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Daikin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lennox International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ingersoll Rand
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Samsung Electronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens Building Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnson Controls
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gree Electric Appliances
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fujitsu General
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
