Global HVAC Systems Market Growth 2025-2031

Publication ID:

LPI01252865

Publication Date:

January 28, 2025

Pages:

152

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global HVAC Systems market size is predicted to grow from US$ 193300 million in 2025 to US$ 289280 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
Heating, ventilation, and air conditioning (HVAC) is the technology of indoor environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC Systems design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer. HVAC is an important part of residential structures such as single family homes, apartment buildings, hotels and senior living facilities, medium to large industrial and office buildings such as skyscrapers and hospitals, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fresh air from outdoors.
The key players of HVAC Systems include Gree, Daikin, Midea, etc. The top three players of HVAC Systems account for approximately 35% of the total market. Asia-Pacific is the largest market of HVAC Systems accounting for about 68%, followed by Europe and North America. In terms of Type, Decentralized is the largest segment, with a share about 76%. In terms of Apllication, the largest segment is Residential, followed by Commercial.
The 鈥淗VAC Systems Industry Forecast鈥� looks at past sales and reviews total world HVAC Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected HVAC Systems sales for 2025 through 2031. With HVAC Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVAC Systems industry.
This Insight Report provides a comprehensive analysis of the global HVAC Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVAC Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global HVAC Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVAC Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HVAC Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of HVAC Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Decentralized
Centralized
Segmentation by Application:
Residential
Industrial
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gree
Daikin
Midea
Johnson Controls
Carrier
Trane Technologies
Haier
Panasonic
Lennox
LG Electronics
Emerson
Mitsubishi Electric
Siemens
Hitachi
Fujitsu
Danfoss
Electrolux
Honeywell
Nortek
Samsung Electronics
Schneider Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global HVAC Systems market?
What factors are driving HVAC Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HVAC Systems market opportunities vary by end market size?
How does HVAC Systems break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global HVAC Systems Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for HVAC Systems by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for HVAC Systems by Country/Region, 2020, 2024 & 2031
2.2 HVAC Systems Segment by Type
2.2.1 Decentralized
2.2.2 Centralized
2.3 HVAC Systems Sales by Type
2.3.1 Global HVAC Systems Sales Market Share by Type (2020-2025)
2.3.2 Global HVAC Systems Revenue and Market Share by Type (2020-2025)
2.3.3 Global HVAC Systems Sale Price by Type (2020-2025)
2.4 HVAC Systems Segment by Application
2.4.1 Residential
2.4.2 Industrial
2.4.3 Commercial
2.5 HVAC Systems Sales by Application
2.5.1 Global HVAC Systems Sale Market Share by Application (2020-2025)
2.5.2 Global HVAC Systems Revenue and Market Share by Application (2020-2025)
2.5.3 Global HVAC Systems Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global HVAC Systems Breakdown Data by Company
3.1.1 Global HVAC Systems Annual Sales by Company (2020-2025)
3.1.2 Global HVAC Systems Sales Market Share by Company (2020-2025)
3.2 Global HVAC Systems Annual Revenue by Company (2020-2025)
3.2.1 Global HVAC Systems Revenue by Company (2020-2025)
3.2.2 Global HVAC Systems Revenue Market Share by Company (2020-2025)
3.3 Global HVAC Systems Sale Price by Company
3.4 Key Manufacturers HVAC Systems Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers HVAC Systems Product Location Distribution
3.4.2 Players HVAC Systems Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for HVAC Systems by Geographic Region
4.1 World Historic HVAC Systems Market Size by Geographic Region (2020-2025)
4.1.1 Global HVAC Systems Annual Sales by Geographic Region (2020-2025)
4.1.2 Global HVAC Systems Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic HVAC Systems Market Size by Country/Region (2020-2025)
4.2.1 Global HVAC Systems Annual Sales by Country/Region (2020-2025)
4.2.2 Global HVAC Systems Annual Revenue by Country/Region (2020-2025)
4.3 Americas HVAC Systems Sales Growth
4.4 APAC HVAC Systems Sales Growth
4.5 Europe HVAC Systems Sales Growth
4.6 Middle East & Africa HVAC Systems Sales Growth
5 Americas
5.1 Americas HVAC Systems Sales by Country
5.1.1 Americas HVAC Systems Sales by Country (2020-2025)
5.1.2 Americas HVAC Systems Revenue by Country (2020-2025)
5.2 Americas HVAC Systems Sales by Type (2020-2025)
5.3 Americas HVAC Systems Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC HVAC Systems Sales by Region
6.1.1 APAC HVAC Systems Sales by Region (2020-2025)
6.1.2 APAC HVAC Systems Revenue by Region (2020-2025)
6.2 APAC HVAC Systems Sales by Type (2020-2025)
6.3 APAC HVAC Systems Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe HVAC Systems by Country
7.1.1 Europe HVAC Systems Sales by Country (2020-2025)
7.1.2 Europe HVAC Systems Revenue by Country (2020-2025)
7.2 Europe HVAC Systems Sales by Type (2020-2025)
7.3 Europe HVAC Systems Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa HVAC Systems by Country
8.1.1 Middle East & Africa HVAC Systems Sales by Country (2020-2025)
8.1.2 Middle East & Africa HVAC Systems Revenue by Country (2020-2025)
8.2 Middle East & Africa HVAC Systems Sales by Type (2020-2025)
8.3 Middle East & Africa HVAC Systems Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of HVAC Systems
10.3 Manufacturing Process Analysis of HVAC Systems
10.4 Industry Chain Structure of HVAC Systems
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 HVAC Systems Distributors
11.3 HVAC Systems Customer
12 World Forecast Review for HVAC Systems by Geographic Region
12.1 Global HVAC Systems Market Size Forecast by Region
12.1.1 Global HVAC Systems Forecast by Region (2026-2031)
12.1.2 Global HVAC Systems Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global HVAC Systems Forecast by Type (2026-2031)
12.7 Global HVAC Systems Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Gree
13.1.1 Gree Company Information
13.1.2 Gree HVAC Systems Product Portfolios and Specifications
13.1.3 Gree HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Gree Main Business Overview
13.1.5 Gree Latest Developments
13.2 Daikin
13.2.1 Daikin Company Information
13.2.2 Daikin HVAC Systems Product Portfolios and Specifications
13.2.3 Daikin HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Daikin Main Business Overview
13.2.5 Daikin Latest Developments
13.3 Midea
13.3.1 Midea Company Information
13.3.2 Midea HVAC Systems Product Portfolios and Specifications
13.3.3 Midea HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Midea Main Business Overview
13.3.5 Midea Latest Developments
13.4 Johnson Controls
13.4.1 Johnson Controls Company Information
13.4.2 Johnson Controls HVAC Systems Product Portfolios and Specifications
13.4.3 Johnson Controls HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Johnson Controls Main Business Overview
13.4.5 Johnson Controls Latest Developments
13.5 Carrier
13.5.1 Carrier Company Information
13.5.2 Carrier HVAC Systems Product Portfolios and Specifications
13.5.3 Carrier HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Carrier Main Business Overview
13.5.5 Carrier Latest Developments
13.6 Trane Technologies
13.6.1 Trane Technologies Company Information
13.6.2 Trane Technologies HVAC Systems Product Portfolios and Specifications
13.6.3 Trane Technologies HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Trane Technologies Main Business Overview
13.6.5 Trane Technologies Latest Developments
13.7 Haier
13.7.1 Haier Company Information
13.7.2 Haier HVAC Systems Product Portfolios and Specifications
13.7.3 Haier HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Haier Main Business Overview
13.7.5 Haier Latest Developments
13.8 Panasonic
13.8.1 Panasonic Company Information
13.8.2 Panasonic HVAC Systems Product Portfolios and Specifications
13.8.3 Panasonic HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Panasonic Main Business Overview
13.8.5 Panasonic Latest Developments
13.9 Lennox
13.9.1 Lennox Company Information
13.9.2 Lennox HVAC Systems Product Portfolios and Specifications
13.9.3 Lennox HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Lennox Main Business Overview
13.9.5 Lennox Latest Developments
13.10 LG Electronics
13.10.1 LG Electronics Company Information
13.10.2 LG Electronics HVAC Systems Product Portfolios and Specifications
13.10.3 LG Electronics HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 LG Electronics Main Business Overview
13.10.5 LG Electronics Latest Developments
13.11 Emerson
13.11.1 Emerson Company Information
13.11.2 Emerson HVAC Systems Product Portfolios and Specifications
13.11.3 Emerson HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Emerson Main Business Overview
13.11.5 Emerson Latest Developments
13.12 Mitsubishi Electric
13.12.1 Mitsubishi Electric Company Information
13.12.2 Mitsubishi Electric HVAC Systems Product Portfolios and Specifications
13.12.3 Mitsubishi Electric HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Mitsubishi Electric Main Business Overview
13.12.5 Mitsubishi Electric Latest Developments
13.13 Siemens
13.13.1 Siemens Company Information
13.13.2 Siemens HVAC Systems Product Portfolios and Specifications
13.13.3 Siemens HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Siemens Main Business Overview
13.13.5 Siemens Latest Developments
13.14 Hitachi
13.14.1 Hitachi Company Information
13.14.2 Hitachi HVAC Systems Product Portfolios and Specifications
13.14.3 Hitachi HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Hitachi Main Business Overview
13.14.5 Hitachi Latest Developments
13.15 Fujitsu
13.15.1 Fujitsu Company Information
13.15.2 Fujitsu HVAC Systems Product Portfolios and Specifications
13.15.3 Fujitsu HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Fujitsu Main Business Overview
13.15.5 Fujitsu Latest Developments
13.16 Danfoss
13.16.1 Danfoss Company Information
13.16.2 Danfoss HVAC Systems Product Portfolios and Specifications
13.16.3 Danfoss HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Danfoss Main Business Overview
13.16.5 Danfoss Latest Developments
13.17 Electrolux
13.17.1 Electrolux Company Information
13.17.2 Electrolux HVAC Systems Product Portfolios and Specifications
13.17.3 Electrolux HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Electrolux Main Business Overview
13.17.5 Electrolux Latest Developments
13.18 Honeywell
13.18.1 Honeywell Company Information
13.18.2 Honeywell HVAC Systems Product Portfolios and Specifications
13.18.3 Honeywell HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Honeywell Main Business Overview
13.18.5 Honeywell Latest Developments
13.19 Nortek
13.19.1 Nortek Company Information
13.19.2 Nortek HVAC Systems Product Portfolios and Specifications
13.19.3 Nortek HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Nortek Main Business Overview
13.19.5 Nortek Latest Developments
13.20 Samsung Electronics
13.20.1 Samsung Electronics Company Information
13.20.2 Samsung Electronics HVAC Systems Product Portfolios and Specifications
13.20.3 Samsung Electronics HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Samsung Electronics Main Business Overview
13.20.5 Samsung Electronics Latest Developments
13.21 Schneider Electric
13.21.1 Schneider Electric Company Information
13.21.2 Schneider Electric HVAC Systems Product Portfolios and Specifications
13.21.3 Schneider Electric HVAC Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Schneider Electric Main Business Overview
13.21.5 Schneider Electric Latest Developments
14 Research Findings and Conclusion

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