HVAC Equipment Market
Description
A hybrid HVAC system includes appliances that are designed to perform at least one critical function. Unitary HVAC systems can supply both heating and cooling, with the primary heating process being conducted using electricity. A similar situation can occur with ventilation, whereby one vent system supplies air conditioning, and the other provides heating. However, unitary systems also sometimes provide heating and cooling along with ventilation. These appliances generally employ forced air systems. Inside most HVAC appliances, ductwork and evaporator coil pipes are connected through piping. These pipes are typically constructed of PVC, but other materials, such as copper, may be used if proper care is taken to protect the pipes from the elements. If plumbing is not installed properly, condensation will form on the inside of the pipes and this can lead to damage to the heating and cooling unit. Another potential problem is the formation of rust on pipes that pass through refrigerant lines. In this case, the refrigerant must be drained and refilled with fresh refrigerant, which must then be routed through piping again.
Market Dynamics
Increasing demand for energy-efficient devices is expected to boost the global HVAC equipment market growth during the forecast period. HVAC systems offer various advantages including energy efficiency as it is one of the biggest requirements in the technology sector. These systems have a very low environmental impact as it uses up to one-third less fuel than older models. Besides, high-efficiency HVAC systems have variable speed motors to ensure perfect airflow passes through the home or commercial setting. Better airflow means more comfortable temperatures, which keeps air healthier for individuals.
Moreover, the increasing trend of smart homes is expected to accelerate the growth of the global HVAC equipment market in the near future.
Key features of the study
Market Dynamics
Increasing demand for energy-efficient devices is expected to boost the global HVAC equipment market growth during the forecast period. HVAC systems offer various advantages including energy efficiency as it is one of the biggest requirements in the technology sector. These systems have a very low environmental impact as it uses up to one-third less fuel than older models. Besides, high-efficiency HVAC systems have variable speed motors to ensure perfect airflow passes through the home or commercial setting. Better airflow means more comfortable temperatures, which keeps air healthier for individuals.
Moreover, the increasing trend of smart homes is expected to accelerate the growth of the global HVAC equipment market in the near future.
Key features of the study
- This report provides in-depth analysis of the global HVAC equipment market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global HVAC equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include United Technologies Corporation (Carrier), LG Corporation, Daikin Industries. Ltd., AB Electrolux, Haier Inc., Lennox International Inc., Samsung Electronics, and Panasonic Corporation and Hitachi Limited.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global HVAC equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global HVAC equipment market.
- Global HVAC Equipment Market, By Product Type
- Heating
- Air Conditioning
- Ventilation
- Global HVAC Equipment Market, By End-use
- Residential
- Commercial
- Industrial
- Global HVAC Equipment Market, By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Company Profiles
- United Technologies Corporation (Carrier)
- LG Corporation
- Daikin Industries. Ltd.
- AB Electrolux
- Haier Inc.
- Lennox International Inc.
- Samsung Electronics
- Panasonic Corporation
Table of Contents
170 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By End-use
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- The rising need for an interactive view of data
- Increase in investment by companies for development of more interactive data visualization tool
- Restraints
- Lack of skilled professionals
- Opportunities
- Technological advancement in data visualization tools
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global HVAC Equipment Market, By Product Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Heating
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Air Conditioning
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Ventilation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 5. Global HVAC Equipment Market, By End-Use, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 6. Global HVAC Equipment Market, By Region, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021–2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By product Type, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, Country, 2020-2032, (USD Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By product Type, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, Country, 2020-2032, (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By product Type, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, Country, 2020-2032, (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By product Type, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, Country, 2020-2032, (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By product Type, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
- Market Size and Forecast, and Y-o-Y Growth, Country, 2020-2032, (USD Mn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- 7. Competitive Landscape
- United Technologies Corporation (Carrier)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- LG Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Daikin Industries. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AB Electrolux
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Haier Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Lennox International Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Samsung Electronics
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- Hitachi Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 8. Section
- Research Methodology
- About us
Pricing
Currency Rates
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