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World HVAC Equipment


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World HVAC Equipment

Growth in the world HVAC equipment market will average 4.1 percent per year through 2020, reaching $122 billion. Advances will largely be driven by building construction spending gains in developing countries. A number of developing nations have warm climates, and, as industrialization efforts continue to develop in these nations, there will be substantial opportunities for HVAC equipment installations. In addition, a changing regulatory environment for the refrigerants that are used in some HVAC equipment will also contribute to sales gains.

This report segments the world HVAC equipment industry product and market. Data is provided in million dollars, and in units for select products.

World HVAC equipment products include:
Room Air Conditioners
Heat Pumps
Unitary Air Conditioners
Boilers
Warm Air Furnaces
Other HVAC Equipment

Room air conditioners will remain the largest of these product segments in 2020, accounting for 29 percent of demand. Room air conditioners are a significantly lower cost product than other major HVAC equipment products, which allows them to be used extensively, even in middle and low income countries (as long as a reliable source of electricity is available). Heat pumps will register the fastest gains through 2020, as the equipment’s performance advantages will result in it taking market share away from traditional HVAC equipment products.

The two major HVAC equipment markets are:
Residential
Nonresidential

The nonresidential market will continue to dominate total HVAC equipment demand in 2020, accounting for 73 percent of the market. Nonresidential HVAC equipment demand will be particularly strong as nonresidential buildings are generally equipped with HVAC systems before residential buildings.

The world HVAC equipment industry includes a number of smaller companies that serve local and/or regional markets. However, a large portion of global sales is concentrated in a small number of companies. Leading producers of HVAC equipment include Blue Star, Bosch, Daikin Industries, Electrolux, Gree Electric Appliances, Haier, Ingersoll-Rand, Johnson Controls, Lennox, LG Electronics, Midea, Mitsubishi Electric, Paloma, Panasonic, and United Technologies.

Scope of the Report
This report covers the scope, size, and growth of the $100 billion world HVAC equipment industry, including key trends in building construction spending and refrigerant regulations. For six regions and 19 countries, the study includes historical product demand for 2005, 2010, and 2015 and product demand forecasts for 2020 and 2025.

Regions covered in this report include:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD HVAC EQUIPMENT DEMAND
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION
    • World Fixed Investment Trends
      • Table WORLD FIXED INVESTMENT BY REGION
    • World Personal Income Trends
      • Table WORLD PERSONAL CONSUMPTION EXPENDITURES BY REGION
    • World Demographic Overview
      • Population
        • Table WORLD POPULATION BY REGION
      • Households
        • Table WORLD HOUSEHOLDS BY REGION
      • Urbanization Patterns
        • Table WORLD URBAN POPULATION BY REGION
    • World Building Construction Expenditures
      • Table WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION
      • Residential Construction Expenditures
        • Table WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION
      • Nonresidential Construction Expenditures
        • Table WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION
    • Climate & Cultural Factors
    • Pricing Patterns
      • Table WORLD HVAC EQUIPMENT PRICES
    • Legal & Regulatory Issues
      • Montreal Protocol
      • Kyoto Protocol
      • Energy Efficiency
    • Technology & Product Innovation
  • OVERVIEW
    • General
    • Regional Overview
      • Demand
        • Table WORLD HVAC EQUIPMENT DEMAND BY REGION
        • Table CHART III-1 WORLD HVAC EQUIPMENT DEMAND BY REGION, 2015
        • Table CHART III-2 WORLD HVAC EQUIPMENT DEMAND: PROJECTED 2015-2020 ANNUAL RATE OF GROWTH
      • Production
        • Table WORLD HVAC EQUIPMENT SHIPMENTS BY REGION
        • Table CHART III-3 WORLD HVAC EQUIPMENT SHIPMENTS BY REGION, 2015
      • International Trade
        • Table WORLD HVAC EQUIPMENT NET EXPORTS BY REGION
    • Demand by Product
      • Table WORLD HVAC EQUIPMENT DEMAND BY PRODUCT
      • Table CHART III-4 WORLD HVAC EQUIPMENT DEMAND BY PRODUCT, 2015
      • Room Air Conditioners
        • Table WORLD ROOM AIR CONDITIONER DEMAND BY REGION
        • Table CHART III-5 WORLD ROOM AIR CONDITIONER DEMAND BY REGION, 2015
      • Heat Pumps
        • Table WORLD HEAT PUMP DEMAND BY REGION
        • Table CHART III-6 WORLD HEAT PUMP DEMAND BY REGION, 2015
      • Unitary Air Conditioners
        • Table WORLD UNITARY AIR CONDITIONER DEMAND BY REGION
        • Table CHART III-7 WORLD UNITARY AIR CONDITIONER DEMAND BY REGION, 2015
      • Boilers
        • Table WORLD BOILER DEMAND BY REGION
        • Table CHART III-8 WORLD BOILER DEMAND BY REGION, 2015
      • Warm Air Furnaces
        • Table WORLD WARM AIR FURNACE DEMAND BY REGION
        • Table CHART III-9 WORLD WARM AIR FURNACE DEMAND BY REGION, 2015
      • Other HVAC Equipment
        • Table WORLD OTHER HVAC EQUIPMENT DEMAND BY REGION
        • Table CHART III-10 WORLD OTHER HVAC EQUIPMENT DEMAND BY REGION, 2015
    • Demand by Market
      • Table WORLD HVAC EQUIPMENT DEMAND BY MARKET
      • Table CHART III-11 WORLD HVAC EQUIPMENT DEMAND BY MARKET, 2005-2025
      • Residential
        • Table WORLD RESIDENTIAL HVAC EQUIPMENT DEMAND BY REGION
        • Table CHART III-12 WORLD RESIDENTIAL HVAC EQUIPMENT DEMAND BY REGION, 2015
      • Nonresidential
        • Table WORLD NONRESIDENTIAL HVAC EQUIPMENT DEMAND BY REGION
        • Table CHART III-13 WORLD NONRESIDENTIAL HVAC EQUIPMENT DEMAND BY REGION, 2015
  • NORTH AMERICA
    • North America: General
    • North America: HVAC Equipment Supply & Demand
      • Table NORTH AMERICA: HVAC EQUIPMENT SUPPLY & DEMAND
    • North America: Demand by Type & Market
      • Table NORTH AMERICA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Table CHART IV-1 NORTH AMERICA: HVAC EQUIPMENT DEMAND BY COUNTRY, 2015
    • United States
      • United States: General
      • United States: HVAC Equipment Supply & Demand
        • Table UNITED STATES: HVAC EQUIPMENT SUPPLY & DEMAND
      • United States: Demand by Type & Market
        • Table UNITED STATES: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Canada
      • Canada: General
      • Canada: HVAC Equipment Supply & Demand
        • Table CANADA: HVAC EQUIPMENT SUPPLY & DEMAND
      • Canada: Demand by Type & Market
        • Table CANADA: HVAC EQUIPMENT DEMAND BY TYPE & COUNTRY
    • Mexico
      • Mexico: General
      • Mexico: HVAC Equipment Supply & Demand
        • Table MEXICO: HVAC EQUIPMENT SUPPLY & DEMAND
      • Mexico: Demand by Type & Market
        • Table MEXICO: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
  • WESTERN EUROPE
    • Western Europe: General
    • Western Europe: HVAC Equipment Supply & Demand
      • Table WESTERN EUROPE: HVAC EQUIPMENT SUPPLY & DEMAND
    • Western Europe: Demand by Type & Market
      • Table WESTERN EUROPE: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Table CHART V-1 WESTERN EUROPE: HVAC EQUIPMENT DEMAND BY COUNTRY, 2015
    • Germany
      • Germany: General
      • Germany: HVAC Equipment Supply & Demand
        • Table GERMANY: HVAC EQUIPMENT SUPPLY & DEMAND
      • Germany: Demand by Type & Market
        • Table GERMANY: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • United Kingdom
      • United Kingdom: General
      • United Kingdom: HVAC Equipment Supply & Demand
        • Table UNITED KINGDOM: HVAC EQUIPMENT SUPPLY & DEMAND
      • United Kingdom: Demand by Type & Market
        • Table UNITED KINGDOM: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Italy
      • Italy: General
      • Italy: HVAC Equipment Supply & Demand
        • Table ITALY: HVAC EQUIPMENT SUPPLY & DEMAND
      • Italy: Demand by Type & Market
        • Table ITALY: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • France
      • France: General
      • France: HVAC Equipment Supply & Demand
        • Table FRANCE: HVAC EQUIPMENT SUPPLY & DEMAND
      • France: Demand by Type & Market
        • Table FRANCE: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Spain
      • Spain: General
      • Spain: HVAC Equipment Supply & Demand
        • Table SPAIN: HVAC EQUIPMENT SUPPLY & DEMAND
      • Spain: Demand by Type & Market
        • Table SPAIN: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Other Western Europe
      • Other Western Europe: General
      • Other Western Europe: HVAC Equipment Supply & Demand
        • Table OTHER WESTERN EUROPE: HVAC EQUIPMENT SUPPLY & DEMAND
      • Other Western Europe: Demand by Type & Market
        • Table OTHER WESTERN EUROPE: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
  • ASIA/PACIFIC
    • Asia/Pacific: General
    • Asia/Pacific: HVAC Equipment Supply & Demand
      • Table ASIA/PACIFIC: HVAC EQUIPMENT SUPPLY & DEMAND
    • Asia/Pacific: Demand by Type & Market
      • Table ASIA/PACIFIC: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Table CHART VI-1 ASIA/PACIFIC: HVAC EQUIPMENT DEMAND BY COUNTRY, 2015
    • China
      • China: General
      • China: HVAC Equipment Supply & Demand
        • Table CHINA: HVAC EQUIPMENT SUPPLY & DEMAND
      • China: Demand by Type & Market
        • Table CHINA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Japan
      • Japan: General
      • Japan: HVAC Equipment Supply & Demand
        • Table JAPAN: HVAC EQUIPMENT SUPPLY & DEMAND
      • Japan: Demand by Type & Market
        • Table JAPAN: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • India
      • India: General
      • India: HVAC Equipment Supply & Demand
        • Table INDIA: HVAC EQUIPMENT SUPPLY & DEMAND
      • India: Demand by Type & Market
        • Table INDIA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • South Korea
      • South Korea: General
      • South Korea: HVAC Equipment Supply & Demand
        • Table SOUTH KOREA: HVAC EQUIPMENT SUPPLY & DEMAND
      • South Korea: Demand by Type & Market
        • Table SOUTH KOREA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Australia
      • Australia: General
      • Australia: HVAC Equipment Supply & Demand
        • Table AUSTRALIA: HVAC EQUIPMENT SUPPLY & DEMAND
      • Australia: Demand by Type & Market
        • Table AUSTRALIA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Indonesia
      • Indonesia: General
      • Indonesia: HVAC Equipment Supply & Demand
        • Table INDONESIA: HVAC EQUIPMENT SUPPLY & DEMAND
      • Indonesia: Demand by Type & Market
        • Table INDONESIA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Other Asia/Pacific
      • Other Asia/Pacific: General
      • Other Asia/Pacific: HVAC Equipment Supply & Demand
        • Table OTHER ASIA/PACIFIC: HVAC EQUIPMENT SUPPLY & DEMAND
      • Other Asia/Pacific: Demand by Type & Market
        • Table OTHER ASIA/PACIFIC: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
  • OTHER REGIONS
    • Central & South America
      • Central & South America: General
      • Central & South America: HVAC Equipment Supply & Demand
        • Table CENTRAL & SOUTH AMERICA: HVAC EQUIPMENT SUPPLY & DEMAND
      • Central & South America: Demand by Type & Market
        • Table CENTRAL & SOUTH AMERICA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Brazil
        • Table BRAZIL: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table BRAZIL: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Other Central & South America
        • Table OTHER CENTRAL & SOUTH AMERICA: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table OTHER CENTRAL & SOUTH AMERICA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Eastern Europe
      • Eastern Europe: General
      • Eastern Europe: HVAC Equipment Supply & Demand
        • Table EASTERN EUROPE: HVAC EQUIPMENT SUPPLY & DEMAND
      • Eastern Europe: Demand by Type & Market
        • Table EASTERN EUROPE: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Russia
        • Table RUSSIA: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table RUSSIA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Poland
        • Table POLAND: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table POLAND: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table OTHER EASTERN EUROPE: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
    • Africa/Mideast
      • Africa/Mideast: General
      • Africa/Mideast: HVAC Equipment Supply & Demand
        • Table AFRICA/MIDEAST: HVAC EQUIPMENT SUPPLY & DEMAND
      • Africa/Mideast: Demand by Type & Market
        • Table AFRICA/MIDEAST: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Turkey
        • Table TURKEY: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table TURKEY: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Saudi Arabia
        • Table SAUDI ARABIA: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table SAUDI ARABIA: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
      • Other Africa/Mideast
        • Table OTHER AFRICA/MIDEAST: HVAC EQUIPMENT SUPPLY & DEMAND
        • Table OTHER AFRICA/MIDEAST: HVAC EQUIPMENT DEMAND BY TYPE & MARKET
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table WORLD HVAC EQUIPMENT SALES BY COMPANY, 2015
    • Market Share
      • Table CHART VIII-1 WORLD HVAC EQUIPMENT MARKET SHARE, 2015
    • Development & Manufacturing
    • Marketing
    • Distribution
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • AFG Arbonia-Forster-Holding AG
      • Ariston Thermo Group
      • Blue Star Limited
      • Bosch (Robert) GmbH
      • Daikin Industries Limited
      • Danfoss A/S
      • Dectron Internationale Incorporated
      • De'Longhi SpA
      • Dunham-Bush Holding Berhad
      • Elco Limited
      • Electrolux AB
      • Emerson Electric Company
      • Gree Electric Appliances Incorporated
      • Haier Group Company
      • Ingersoll-Rand plc
      • Jiangsu Chunlan Refrigerating Equipment Stock Company Limited
      • Johnson Controls Incorporated
      • Lennox International Incorporated
      • LG Electronics Incorporated
      • Midea Group Company Limited
      • Mitsubishi Electric Corporation
      • Nortek Incorporated
      • Paloma Company Limited
      • Panasonic Corporation
      • Samsung Electronics Company Limited
      • Sharp Corporation
      • Smiths Group plc
      • United Technologies Corporation
      • Voltas Limited
      • Whirlpool Corporation
      • Zamil Industrial Investment Company
    • Additional Companies in the World HVAC Industry

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