Global Residential HVAC Equipment

Global Residential HVAC Equipment

Global demand for residential HVAC equipment is forecast to increase 4.0% per year to $49.3 billion in 2025. Rising residential building construction activity will spur growth worldwide, with environmental policy and the threat of climate change spurring increased investment in energy-efficient air conditioning systems.

The report covers residential HVAC equipment demand by product and region. Demand, production, and net exports are presented in US dollar terms.

Demand by product is presented for:
Room air conditioners
Heat pumps
Unitary air conditioners
Central heating boilers
Warm air furnaces
Other types of HVAC equipment, such as chillers, humidifiers, and packaged terminal air conditioners

Demand by is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global residential HVAC equipment market, including key trends in products and regions. Historical data are provided for 2010, 2015, and 2020 for demand, production, and net exports, with forecasts for 2025 and 2030. Historical market volatility is also addressed. Data are provided in US dollars. Also included is an analysis of key industry players and their global market shares.


  • Executive Summary
    • Table Figure 1-1 | Global Residential HVAC Equipment Market
  • About This Report
    • Report Details
    • Study Scope & Product Description
    • Impact of COVID-19 Pandemic
      • Table Annual Global Residential HVAC Equipment Demand by Region, 2019 - 2021
      • Table Annual Global Residential HVAC Equipment Demand by Product, 2019 - 2021
      • Table Figure 2-1 | Annual Global Residential HVAC Equipment Demand, 2018 - 2025
  • Overview
    • Historical Market Trends
      • Table Global Residential HVAC Equipment Demand, 2010 - 2020
      • Table Figure 3-1 | Global Residential HVAC Equipment Demand, 2010 - 2020
    • Residential Construction Outlook & Demand Factors
      • Table Figure 3-2 | Global Residential Building Expenditures by Region, 2010 - 2030
    • Demand by Region
      • Table Global Residential HVAC Equipment Demand by Region, 2010 - 2030
      • Table Figure 3-3 | Global Residential HVAC Equipment Demand by Region, 2010 - 2030
    • Leading Country Markets
      • Table Figure 3-4 | Residential HVAC Equipment: Leading Country Markets, 2020
    • Leading Producers
      • Table Figure 3-5 | Global Residential HVAC Equipment Market Share by Company, 2020
  • Products
    • Demand by Product
      • Table Global Residential HVAC Equipment Demand by Product, 2010 - 2030
      • Table Figure 4-1 | Global Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Room Air Conditioners
      • Table Global Residential Room Air Conditioner Demand by Region, 2010 - 2030
    • Heat Pumps
      • Table Global Residential Heat Pump Demand by Region, 2010 - 2030
    • Unitary Air Conditioners
      • Table Global Residential Unitary Air Conditioner Demand by Region, 2010 - 2030
    • Central Heating Boilers
      • Table Global Residential Central Heating Boiler Demand by Region, 2010 - 2030
    • Warm Air Furnaces
      • Table Global Residential Warm Air Furnace Demand by Region, 2010 - 2030
    • Other Residential HVAC Equipment
      • Table Other Residential HVAC Equipment Demand by Region, 2010 - 2030
  • North America
    • North America: Residential HVAC Equipment Market Size & Historical Trends
      • Table Figure 5-1 | North America: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 5-2 | North America: Residential HVAC Equipment Demand, 2010 - 2020
    • North America: Demand by Country & Product
      • Table North America: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 5-3 | North America: Residential HVAC Equipment Demand by Country, 2020
    • United States
      • United States: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 5-4 | United States: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 5-5 | United States: Residential HVAC Equipment Demand, 2010 - 2020
      • United States: Demand by Product
        • Table United States: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Canada
      • Canada: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 5-6 | Canada: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 5-7 | Canada: Residential HVAC Equipment Demand, 2010 - 2020
      • Canada: Demand by Product
        • Table Canada: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Mexico
      • Mexico: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 5-8 | Mexico: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 5-9 | Mexico: Residential HVAC Equipment Demand, 2010 - 2020
      • Mexico: Demand by Product
        • Table Mexico: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Central & South America
    • Central & South America: Residential HVAC Equipment Market Size & Historical Trends
      • Table Figure 6-1 | Central & South America: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 6-2 | Central & South America: Residential HVAC Equipment Demand, 2010 - 2020
    • Central & South America: Demand by Country & Product
      • Table Central & South America: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 6-3 | Central & South America: Residential HVAC Equipment Demand by Country, 2020
    • Brazil
      • Brazil: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 6-4 | Brazil: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 6-5 | Brazil: Residential HVAC Equipment Demand, 2010 - 2020
      • Brazil: Demand by Product
        • Table Brazil: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Other Central & South America
      • Other Central & South America: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 6-6 | Other Central & South America: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 6-7 | Other Central & South America: Residential HVAC Equipment Demand, 2010 - 2020
      • Other Central & South America: Demand by Product
        • Table Other Central & South America: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Western Europe
    • Western Europe: Residential HVAC Equipment Market Size & Historical Trends
      • Table Figure 7-1 | Western Europe: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 7-2 | Western Europe: Residential HVAC Equipment Demand, 2010 - 2020
    • Western Europe: Demand by Country & Product
      • Table Western Europe: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 7-3 | Western Europe: Residential HVAC Equipment Demand by Country, 2020
    • Germany
      • Germany: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-4 | Germany: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-5 | Germany: Residential HVAC Equipment Demand, 2010 - 2020
      • Germany: Demand by Product
        • Table Germany: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • United Kingdom
      • United Kingdom: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-6 | United Kingdom: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-7 | United Kingdom: Residential HVAC Equipment Demand, 2010 - 2020
      • United Kingdom: Demand by Product
        • Table United Kingdom: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Italy
      • Italy: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-8 | Italy: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-9 | Italy: Residential HVAC Equipment Demand, 2010 - 2020
      • Italy: Demand by Product
        • Table Italy: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • France
      • France: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-10 | France: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-11 | France: Residential HVAC Equipment Demand, 2010 - 2020
      • France: Demand by Product
        • Table France: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Spain
      • Spain: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-12 | Spain: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-13 | Spain: Residential HVAC Equipment Demand, 2010 - 2020
      • Spain: Demand by Product
        • Table Spain: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Other Western Europe
      • Other Western Europe: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 7-14 | Other Western Europe: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 7-15 | Other Western Europe: Residential HVAC Equipment Demand, 2010 - 2020
      • Other Western Europe: Demand by Product
        • Table Other Western Europe: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Eastern Europe
    • Eastern Europe: Residential HVAC Equipment Market Size Historical Trends
      • Table Figure 8-1 | Eastern Europe: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 8-2 | Eastern Europe: Residential HVAC Equipment Demand, 2010 - 2020
    • Eastern Europe: Demand by Country & Product
      • Table Eastern Europe: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 8-3 | Eastern Europe: Residential HVAC Equipment Demand by Country, 2020
    • Russia
      • Russia: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 8-4 | Russia: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 8-5 | Russia: Residential HVAC Equipment Demand, 2010 - 2020
      • Russia: Demand by Product
        • Table Russia: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Poland
      • Poland: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 8-6 | Poland: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 8-7 | Poland: Residential HVAC Equipment Demand, 2010 - 2020
      • Poland: Demand by Product
        • Table Poland: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Other Eastern Europe
      • Other Eastern Europe: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 8-8 | Other Eastern Europe: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 8-9 | Other Eastern Europe: Residential HVAC Equipment Demand, 2010 - 2020
      • Other Eastern Europe: Demand by Product
        • Table Other Eastern Europe: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Asia/Pacific
    • Asia/Pacific: Residential HVAC Equipment Market Size & Historical Trends
      • Table Figure 9-1 | Asia/Pacific: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 9-2 | Asia/Pacific: Residential HVAC Equipment Demand, 2010 - 2020
    • Asia/Pacific: Demand by Country & Product
      • Table Asia/Pacific: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 9-3 | Asia/Pacific: Residential HVAC Equipment Demand by Country, 2020
    • China
      • China: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-4 | China: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-5 | China: Residential HVAC Equipment Demand, 2010 - 2020
      • China: Demand by Product
        • Table China: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Japan
      • Japan: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-6 | Japan: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-7 | Japan: Residential HVAC Equipment Demand, 2010 - 2020
      • Japan: Demand by Product
        • Table Japan: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • India
      • India: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-8 | India: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-9 | India: Residential HVAC Equipment Demand, 2010 - 2020
      • India: Demand by Product
        • Table India: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • South Korea
      • South Korea: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-10 | South Korea: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-11 | South Korea: Residential HVAC Equipment Demand, 2010 - 2020
      • South Korea: Demand by Product
        • Table South Korea: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Indonesia
      • Indonesia: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-12 | Indonesia: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-13 | Indonesia: Residential HVAC Equipment Demand, 2010 - 2020
      • Indonesia: Demand by Product
        • Table Indonesia: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Australia
      • Australia: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-14 | Australia: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-15 | Australia: Residential HVAC Equipment Demand, 2010 - 2020
      • Australia: Demand by Product
        • Table Australia: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Other Asia/Pacific
      • Other Asia/Pacific: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 9-16 | Other Asia/Pacific: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 9-17 | Other Asia/Pacific: Residential HVAC Equipment Demand, 2010 - 2020
      • Other Asia/Pacific: Demand by Product
        • Table Other Asia/Pacific: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Africa/Mideast
    • Africa/Mideast: Residential HVAC Equipment Market Size & Historical Trends
      • Table Figure 10-1 | Africa/Mideast: Residential HVAC Equipment Market Key Indicators, 2020
      • Table Figure 10-2 | Africa/Mideast: Residential HVAC Equipment Demand, 2010 - 2020
    • Africa/Mideast: Demand by Country & Product
      • Table Africa/Mideast: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030
      • Table Figure 10-3 | Africa/Mideast: Residential HVAC Equipment Demand by Country, 2020
    • Saudi Arabia
      • Saudi Arabia: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 10-4 | Saudi Arabia: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 10-5 | Saudi Arabia: Residential HVAC Equipment Demand, 2010 - 2020
      • Saudi Arabia: Demand by Product
        • Table Saudi Arabia: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Turkey
      • Turkey: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 10-6 | Turkey: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 10-7 | Turkey: Residential HVAC Equipment Demand, 2010 - 2020
      • Turkey: Demand by Product
        • Table Turkey: Residential HVAC Equipment Demand by Product, 2010 - 2030
    • Other Africa/Mideast
      • Other Africa/Mideast: Residential HVAC Equipment Market Size & Historical Trends
        • Table Figure 10-8 | Other Africa/Mideast: Residential HVAC Equipment Market Key Indicators, 2020
        • Table Figure 10-9 | Other Africa/Mideast: Residential HVAC Equipment Demand, 2010 - 2020
      • Other Africa/Mideast: Demand by Product
        • Table Other Africa/Mideast: Residential HVAC Equipment Demand by Product, 2010 - 2030
  • Appendix
    • Scope
      • Table Relevant HS Codes
      • Table Relevant NACE Codes
      • Table Relevant NAICS & SIC Codes
    • Definitions
    • Freedonia Methodology
    • Study-Specific Methodology
    • Sources
    • Associations & Agencies
    • Related Studies & Reports
    • Country Lists by Region
      • Table Countries in North America
      • Table Countries in Central & South America
      • Table Countries in Western Europe
      • Table Countries in Eastern Europe
      • Table Countries in the Asia/Pacific Region
      • Table Countries in the Africa/Mideast Region
    • Macroeconomic Assumptions
      • Global Economic Outlook
        • Table Global Gross Domestic Product by Region & Country, 2010 - 2030
      • Global Population
        • Table Global Population by Region & Country, 2010 - 2030
      • Global Residential Building Construction Outlook
        • Table Global Residential Building Construction Expenditures by Region & Country, 2010 - 2030

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