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Global Commercial HVAC Market 2018-2022

Global Commercial HVAC Market 2018-2022

About Commercial HVAC

The ventilation and filtration taking place in heating, ventilation, and air conditioner (HVAC) systems ensure high air quality and overall thermal balance in commercial establishments. These systems use heat exchangers, pumps, and fans to control and regulate humidity and temperature levels. The air quality of the outdoor and indoor environment will determine the type of HVAC system required for heating and cooling.

Technavio’s analysts forecast the global commercial HVAC market to grow at a CAGR of 5.71% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial HVAC market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial HVAC Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DAIKIN INDUSTRIES
  • Ingersoll-Rand
  • Johnson Controls
  • Lennox International
  • LG Electronics
  • United Technologies (Carrier)
Market driver
  • Data center market to fuel growth
  • For a full, detailed list, view our report
Market challenge
  • High market competition
  • For a full, detailed list, view our report
Market trend
  • Emerging smart and connected HVAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global HVAC market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global commercial HVAC- Market size and forecast 2017-2022 ($ bn)
      • Table Global commercial HVAC - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Equipment - Market size and forecast 2017-2022
      • Table Equipment - Market size and forecast 2017-2022 ($ bn)
      • Table Global commercial HVAC equipment market overview
      • Table Equipment - Year-over-year growth 2018-2022 (%)
    • Services - Market size and forecast 2017-2022
      • Table Services - Market size and forecast 2017-2022 ($ bn)
      • Table Services - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global commercial HVAC- Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table Degree of urbanization 2016
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table New data center projects in APAC
      • Table US construction industry ($ tn) (January 2017-October 2017)
      • Table Montreal Protocol on substances that deplete the ozone layer
    • Market challenges
      • Table Growth rate of skilled manpower in US HVAC industry 2012-2022 (%)
  • Market trends
    • Emerging smart and connected HVAC
    • Vendors expanding HVAC solutions for building automation
    • Shift toward energy-efficient building
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive Landscape
      • Table HVAC vendor collaboration for building automation market
      • Table Offerings by vendors
      • Table M&A activities in the market
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DAIKIN INDUSTRIES
      • Table Vendor overview
      • Table DAIKIN INDUSTRIES - Business segments
      • Table DAIKIN INDUSTRIES - Organizational developments
      • Table DAIKIN INDUSTRIES - Geographic focus
      • Table DAIKIN INDUSTRIES - Segment focus
      • Table DAIKIN INDUSTRIES - Key offerings
    • Ingersoll-Rand
      • Table Vendor overview
      • Table Ingersoll-Rand - Business segments
      • Table Ingersoll-Rand - Organizational developments
      • Table Ingersoll-Rand - Geographic focus
      • Table Ingersoll-Rand - Segment focus
      • Table Ingersoll-Rand - Key offerings
    • Johnson Controls
      • Table Vendor overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
    • Lennox International
      • Table Vendor overview
      • Table Lennox International - Business segments
      • Table Lennox International - Organizational developments
      • Table Lennox International - Geographic focus
      • Table Lennox International - Segment focus
      • Table Lennox International - Key offerings
    • LG Electronics
      • Table Vendor overview
      • Table LG Electronics - Business segments
      • Table LG Electronics - Organizational developments
      • Table LG Electronics - Geographic focus
      • Table LG Electronics - Segment focus
      • Table LG Electronics - Key offerings
    • United Technologies (Carrier)
      • Table Vendor overview
      • Table United Technologies - Business segments
      • Table United Technologies - Organizational developments
      • Table United Technologies - Geographic focus
      • Table United Technologies - Segment focus
      • Table United Technologies - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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