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HVAC System Global Market Report 2025

Published Sep 11, 2025
Length 250 Pages
SKU # BRC20391767

Description

HVAC System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on hvac system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for hvac system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hvac system market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Product: Heating; Ventilation; Cooling

2) By Implementation Type: New Construction; Retrofit

3) By Application: Commercial; Residential; Industrial

Subsegments:

1) By Heating: Furnaces; Heat Pumps; Boilers; Radiant Heating Systems; Electric Heaters

2) By Ventilation: Exhaust Fans; Air Handling Units (AHUs); Energy Recovery Ventilators (ERVs); Demand-Controlled Ventilation Systems; Ductless Ventilation Systems

3) By Cooling: Air Conditioners; Chillers; Cooling Towers; Evaporative Coolers; Portable Air Conditioners

Companies Mentioned: Daikin Industries Ltd.; Johnson Controls International; Carrier Global Corporation; Trane Technologies PLC; LG Electronics; AAON Heating and Cooling Products; Addison HVAC; Allied Commercial; Danfoss AS; Emerson Electric Co.; Honeywell International Inc.; Mitsubishi Electric Corporation; Nortek Air Management; Samsung Group; Midea Group; Electrolux AB; Toshiba Corporation; York International Corporation; Nortek Global HVAC; Rheem Manufacturing Company; Goodman Manufacturing Company; Lennox International Inc.; SPX Corporation; Standex International Corporation; CSW Industrials Inc.; EMCOR Group Inc.; Ingersoll-Rand plc (Ireland); Watts Water Technologies Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
2. HVAC System Market Characteristics
3. HVAC System Market Trends And Strategies
4. HVAC System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global HVAC System Growth Analysis And Strategic Analysis Framework
5.1. Global HVAC System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global HVAC System Market Growth Rate Analysis
5.4. Global HVAC System Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global HVAC System Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global HVAC System Total Addressable Market (TAM)
6. HVAC System Market Segmentation
6.1. Global HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Heating
Ventilation
Cooling
6.2. Global HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
New Construction
Retrofit
6.3. Global HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Commercial
Residential
Industrial
6.4. Global HVAC System Market, Sub-Segmentation Of Heating, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Furnaces
Heat Pumps
Boilers
Radiant Heating Systems
Electric Heaters
6.5. Global HVAC System Market, Sub-Segmentation Of Ventilation, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Exhaust Fans
Air Handling Units (AHUs)
Energy Recovery Ventilators (ERVs)
Demand-Controlled Ventilation Systems
Ductless Ventilation Systems
6.6. Global HVAC System Market, Sub-Segmentation Of Cooling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Air Conditioners
Chillers
Cooling Towers
Evaporative Coolers
Portable Air Conditioners
7. HVAC System Market Regional And Country Analysis
7.1. Global HVAC System Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global HVAC System Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific HVAC System Market
8.1. Asia-Pacific HVAC System Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China HVAC System Market
9.1. China HVAC System Market Overview
9.2. China HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India HVAC System Market
10.1. India HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan HVAC System Market
11.1. Japan HVAC System Market Overview
11.2. Japan HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia HVAC System Market
12.1. Australia HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia HVAC System Market
13.1. Indonesia HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea HVAC System Market
14.1. South Korea HVAC System Market Overview
14.2. South Korea HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe HVAC System Market
15.1. Western Europe HVAC System Market Overview
15.2. Western Europe HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK HVAC System Market
16.1. UK HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany HVAC System Market
17.1. Germany HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France HVAC System Market
18.1. France HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy HVAC System Market
19.1. Italy HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain HVAC System Market
20.1. Spain HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe HVAC System Market
21.1. Eastern Europe HVAC System Market Overview
21.2. Eastern Europe HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia HVAC System Market
22.1. Russia HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America HVAC System Market
23.1. North America HVAC System Market Overview
23.2. North America HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA HVAC System Market
24.1. USA HVAC System Market Overview
24.2. USA HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada HVAC System Market
25.1. Canada HVAC System Market Overview
25.2. Canada HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America HVAC System Market
26.1. South America HVAC System Market Overview
26.2. South America HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil HVAC System Market
27.1. Brazil HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East HVAC System Market
28.1. Middle East HVAC System Market Overview
28.2. Middle East HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa HVAC System Market
29.1. Africa HVAC System Market Overview
29.2. Africa HVAC System Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa HVAC System Market, Segmentation By Implementation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa HVAC System Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. HVAC System Market Competitive Landscape And Company Profiles
30.1. HVAC System Market Competitive Landscape
30.2. HVAC System Market Company Profiles
30.2.1. Daikin Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Johnson Controls International Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Carrier Global Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Trane Technologies PLC Overview, Products and Services, Strategy and Financial Analysis
30.2.5. LG Electronics Overview, Products and Services, Strategy and Financial Analysis
31. HVAC System Market Other Major And Innovative Companies
31.1. AAON Heating and Cooling Products
31.2. Addison HVAC
31.3. Allied Commercial
31.4. Danfoss AS
31.5. Emerson Electric Co.
31.6. Honeywell International Inc.
31.7. Mitsubishi Electric Corporation
31.8. Nortek Air Management
31.9. Samsung Group
31.10. Midea Group
31.11. Electrolux AB
31.12. Toshiba Corporation
31.13. York International Corporation
31.14. Nortek Global HVAC
31.15. Rheem Manufacturing Company
32. Global HVAC System Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The HVAC System Market
34. Recent Developments In The HVAC System Market
35. HVAC System Market High Potential Countries, Segments and Strategies
35.1 HVAC System Market In 2029 - Countries Offering Most New Opportunities
35.2 HVAC System Market In 2029 - Segments Offering Most New Opportunities
35.3 HVAC System Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer
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