What is the study period of Commercial Hvac market?

The commercial hvac is studied from 2019-2029. <a href='https://www.technavio.com/report/commercial-hvac-market-industry-analysis'>Read More</a>

Which region is expected to show the highest market share in the Commercial Hvac market?

APAC is to show the highest market share with 35% contribution. <a href='https://www.technavio.com/report/commercial-hvac-market-industry-analysis'>Read More</a>

What are the major market players covered in the report?

Arkema, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Smart Home Co. Ltd., .... <a href='https://www.technavio.com/report/commercial-hvac-market-industry-analysis'>Read More</a>

What is the current size of the Commercial Hvac market?

commercial hvac will increase $ 28.8 bn during 2025-2029. <a href='https://www.technavio.com/report/commercial-hvac-market-industry-analysis'>Read More</a>

What is the Year-Over-Year Growth Rate of Market 2025-2029?

4.4% is the year-over-year Growth of Market. <a href='https://www.technavio.com/report/commercial-hvac-market-industry-analysis'>Read More</a>

Commercial HVAC Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, and UK), Middle East and Africa (UAE), APAC (China, India, and Japan), South America (Brazil), and Rest of World (ROW)

Published: Jun 2025
Pages: 241
SKU: IRTNTR73213

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Variant
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Commercial HVAC Market 2019 - 2023
- Historic Market Size - Data Table on Global Commercial HVAC Market 2019 - 2023 ($ billion)

5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ billion)

5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)

5.4 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ billion)

5.5 Variant segment analysis 2019 - 2023
- Historic Market Size - Variant Segment 2019 - 2023 ($ billion)

5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 Impact of AI in global commercial HVAC market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)

8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

8.3 Equipment - Market size and forecast 2024-2029
- Chart on Equipment - Market size and forecast 2024-2029 ($ billion)
- Data Table on Equipment - Market size and forecast 2024-2029 ($ billion)
- Chart on Equipment - Year-over-year growth 2024-2029 (%)
- Data Table on Equipment - Year-over-year growth 2024-2029 (%)

8.4 Services - Market size and forecast 2024-2029
- Chart on Services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Services - Market size and forecast 2024-2029 ($ billion)
- Chart on Services - Year-over-year growth 2024-2029 (%)
- Data Table on Services - Year-over-year growth 2024-2029 (%)

8.5 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)

9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

9.3 Heat pump - Market size and forecast 2024-2029
- Chart on Heat pump - Market size and forecast 2024-2029 ($ billion)
- Data Table on Heat pump - Market size and forecast 2024-2029 ($ billion)
- Chart on Heat pump - Year-over-year growth 2024-2029 (%)
- Data Table on Heat pump - Year-over-year growth 2024-2029 (%)

9.4 Furnaces - Market size and forecast 2024-2029
- Chart on Furnaces - Market size and forecast 2024-2029 ($ billion)
- Data Table on Furnaces - Market size and forecast 2024-2029 ($ billion)
- Chart on Furnaces - Year-over-year growth 2024-2029 (%)
- Data Table on Furnaces - Year-over-year growth 2024-2029 (%)

9.5 Boilers - Market size and forecast 2024-2029
- Chart on Boilers - Market size and forecast 2024-2029 ($ billion)
- Data Table on Boilers - Market size and forecast 2024-2029 ($ billion)
- Chart on Boilers - Year-over-year growth 2024-2029 (%)
- Data Table on Boilers - Year-over-year growth 2024-2029 (%)

9.6 Unitary heaters - Market size and forecast 2024-2029
- Chart on Unitary heaters - Market size and forecast 2024-2029 ($ billion)
- Data Table on Unitary heaters - Market size and forecast 2024-2029 ($ billion)
- Chart on Unitary heaters - Year-over-year growth 2024-2029 (%)
- Data Table on Unitary heaters - Year-over-year growth 2024-2029 (%)

9.7 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

10 Market Segmentation by Technology

10.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)

10.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology

10.3 Conventional HVAC systems - Market size and forecast 2024-2029
- Chart on Conventional HVAC systems - Market size and forecast 2024-2029 ($ billion)
- Data Table on Conventional HVAC systems - Market size and forecast 2024-2029 ($ billion)
- Chart on Conventional HVAC systems - Year-over-year growth 2024-2029 (%)
- Data Table on Conventional HVAC systems - Year-over-year growth 2024-2029 (%)

10.4 Smart HVAC systems - Market size and forecast 2024-2029
- Chart on Smart HVAC systems - Market size and forecast 2024-2029 ($ billion)
- Data Table on Smart HVAC systems - Market size and forecast 2024-2029 ($ billion)
- Chart on Smart HVAC systems - Year-over-year growth 2024-2029 (%)
- Data Table on Smart HVAC systems - Year-over-year growth 2024-2029 (%)

10.5 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)

11 Market Segmentation by Variant

11.1 Market segments
- Chart on Variant - Market share 2024-2029 (%)
- Data Table on Variant - Market share 2024-2029 (%)

11.2 Comparison by Variant
- Chart on Comparison by Variant
- Data Table on Comparison by Variant

11.3 Retrofit and replacement - Market size and forecast 2024-2029
- Chart on Retrofit and replacement - Market size and forecast 2024-2029 ($ billion)
- Data Table on Retrofit and replacement - Market size and forecast 2024-2029 ($ billion)
- Chart on Retrofit and replacement - Year-over-year growth 2024-2029 (%)
- Data Table on Retrofit and replacement - Year-over-year growth 2024-2029 (%)

11.4 New installation - Market size and forecast 2024-2029
- Chart on New installation - Market size and forecast 2024-2029 ($ billion)
- Data Table on New installation - Market size and forecast 2024-2029 ($ billion)
- Chart on New installation - Year-over-year growth 2024-2029 (%)
- Data Table on New installation - Year-over-year growth 2024-2029 (%)

11.5 Market opportunity by Variant
- Market opportunity by Variant ($ billion)
- Data Table on Market opportunity by Variant ($ billion)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

13.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

13.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

13.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

13.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

13.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

13.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

13.9 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

13.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

13.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

13.12 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

13.13 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)

13.14 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

13.15 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

13.16 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

13.17 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ billion)
- Data Table on UAE - Market size and forecast 2024-2029 ($ billion)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)

13.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers

14.2 Market challenges

14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview

15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

15.3 Landscape disruption
- Overview on factors of disruption

15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered

16.2 Company ranking index
- Company ranking index

16.3 Market positioning of companies
- Matrix on companies position and classification

16.4 Arkema
- Arkema - Overview
- Arkema - Business segments
- Arkema - Key news
- Arkema - Key offerings
- Arkema - Segment focus
- SWOT

16.5 Carrier Global Corp.
- Carrier Global Corp. - Overview
- Carrier Global Corp. - Business segments
- Carrier Global Corp. - Key news
- Carrier Global Corp. - Key offerings
- Carrier Global Corp. - Segment focus
- SWOT

16.6 Daikin Industries Ltd.
- Daikin Industries Ltd. - Overview
- Daikin Industries Ltd. - Business segments
- Daikin Industries Ltd. - Key news
- Daikin Industries Ltd. - Key offerings
- Daikin Industries Ltd. - Segment focus
- SWOT

16.7 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
- SWOT

16.8 Emerson Electric Co.
- Emerson Electric Co. - Overview
- Emerson Electric Co. - Business segments
- Emerson Electric Co. - Key news
- Emerson Electric Co. - Key offerings
- Emerson Electric Co. - Segment focus
- SWOT

16.9 Fujitsu Ltd.
- Fujitsu Ltd. - Overview
- Fujitsu Ltd. - Business segments
- Fujitsu Ltd. - Key news
- Fujitsu Ltd. - Key offerings
- Fujitsu Ltd. - Segment focus
- SWOT

16.10 Haier Smart Home Co. Ltd.
- Haier Smart Home Co. Ltd. - Overview
- Haier Smart Home Co. Ltd. - Business segments
- Haier Smart Home Co. Ltd. - Key offerings
- Haier Smart Home Co. Ltd. - Segment focus
- SWOT

16.11 Johnson Controls International Plc
- Johnson Controls International Plc - Overview
- Johnson Controls International Plc - Business segments
- Johnson Controls International Plc - Key news
- Johnson Controls International Plc - Key offerings
- Johnson Controls International Plc - Segment focus
- SWOT

16.12 Lennox International Inc.
- Lennox International Inc. - Overview
- Lennox International Inc. - Business segments
- Lennox International Inc. - Key news
- Lennox International Inc. - Key offerings
- Lennox International Inc. - Segment focus
- SWOT

16.13 LG Corp.
- LG Corp. - Overview
- LG Corp. - Product / Service
- LG Corp. - Key offerings
- SWOT

16.14 MIDEA Group Co. Ltd.
- MIDEA Group Co. Ltd. - Overview
- MIDEA Group Co. Ltd. - Product / Service
- MIDEA Group Co. Ltd. - Key news
- MIDEA Group Co. Ltd. - Key offerings
- SWOT

16.15 Panasonic Holdings Corp.
- Panasonic Holdings Corp. - Overview
- Panasonic Holdings Corp. - Business segments
- Panasonic Holdings Corp. - Key news
- Panasonic Holdings Corp. - Key offerings
- Panasonic Holdings Corp. - Segment focus
- SWOT

16.16 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
- SWOT

16.17 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
- SWOT

16.18 Trane Technologies plc
- Trane Technologies plc - Overview
- Trane Technologies plc - Business segments
- Trane Technologies plc - Key news
- Trane Technologies plc - Key offerings
- Trane Technologies plc - Segment focus
- SWOT

17 Appendix

17.1 Scope of the report

17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

17.3 Currency conversion rates for US$
- Currency conversion rates for US$

17.4 Research methodology
- Research methodology

17.5 Data procurement
- Information sources

17.6 Data validation
- Data validation

17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

17.8 Data synthesis
- Data synthesis

17.9 360 degree market analysis
- 360 degree market analysis

17.10 List of abbreviations
- List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES