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HVAC Systems Market Size, Share & Trends Analysis Report By Equipment (Heating, Cooling, Ventilation), By Application (Residential, Commercial, Industrial), By Distribution Channel (Online, Retail Stores, Wholesale Stores), By Region, And Segment Forecast

Publisher Grand View Research
Published Dec 08, 2025
Length 100 Pages
SKU # GV20723767

Description

HVAC Systems Market Summary

The global HVAC systems market size was estimated at USD 258.96 billion in 2025 and is projected to reach USD 445.73 billion by 2033, growing at a CAGR of 7.0% from 2026 to 2033. The global HVAC systems industry is expanding due to rising construction activities, urbanization, and an increasing need for thermal comfort in residential, commercial, and industrial buildings.

Energy efficiency regulations and government incentives for smart and sustainable HVAC systems are propelling demand. Technological advancements such as IoT-enabled monitoring, AI-driven optimization, and integration with renewable energy systems are further encouraging system upgrades and new installations. In addition, government initiatives, such as rebates, incentive plans, and clean heating & cooling equipment across North America & Europe, are expected to positively impact the demand for HVAC systems. Moreover, climate change and the growing popularity of improved indoor air quality are accelerating investments in air filtration and ventilation technologies.

Global HVAC Systems Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research, Inc has segmented the global HVAC systems market report based on equipment, application, distribution channel, and region:
  • Equipment Outlook (Revenue, USD Billion, 2021 - 2033)
  • Heating
  • Heat Pump
  • Furnace
  • Unitary Heaters
  • Boilers
  • Electric Baseboards
  • Heating Cables
  • Others
  • Ventilation
  • Air Purifier
  • Dehumidifier
  • Air Handling Units
  • Ventilation Fans
  • Others
  • Cooling
  • Air Conditioning
  • Chillers
  • Cooling Towers
  • Others
  • Application Outlook (Revenue, USD Billion, 2021 - 2033)
  • Residential
  • By Equipment
  • Commercial
  • By Equipment
  • Industrial
  • By Equipment
  • Distribution Channel Outlook (Revenue, USD Billion, 2021 - 2033)
  • Online
  • Retail Stores
  • Wholesale Stores
  • Others
  • Regional Outlook (Revenue, USD Billion, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Türkiye
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Central & South America
  • Brazil
  • Argentina
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

100 Pages
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Research Methodology
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Gvr’s Internal Database
1.4.3 Secondary Sources
1.4.4 Third Party Perspective
1.4.5 Information Analysis
1.5 Information Analysis
1.5.1 Data Analysis Models
1.5.2 Market Formulation & Data Visualization
1.5.3 Data Validation & Publishing
1.6 Research Scope and Assumptions
1.6.1 List Of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Equipment& Application Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 HVAC Systems Market: Variables, Trends & Scope
3.1 Concentration & Growth Prospect Mapping
3.2 Industry Value Chain Analysis
3.2.1 Raw Material And Component Outlook
3.2.2 Manufacturer Outlook
3.2.3 Distribution Outlook
3.2.4 Installation & Integration Outlook
3.2.5 End-Use Outlook
3.2.6 After-Sales Outlook
3.3 Technology Overview
3.4 Regulatory Framework
3.4.1 U.S. Heating, Ventilation And Air-Conditioning Systems, Part Of Indoor Air Quality Design Tools For Schools
3.4.2 ASHRAE
3.4.2.1 ANSI/ASHRAE Standard 15, Safety Standard For Refrigeration Systems
3.4.2.2 ASHRAE Standard 90.1-2019
3.4.3 AHRI
3.4.3.1 AHRI Standard 550/590 (I-P): 2015 Standard For Performance Rating Of Water-Chilling And Heat Pump Water-Heating Packages Using The Vapor Compression Cycle
3.4.4 Seer2 Minimum Efficiency Standards (2023)
3.4.5 Uniform Mechanical Code
3.4.6 Nom-020-Ener-2011 -

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