Residential HVAC Market Size 2025-2029
The residential HVAC market size is forecast to increase by USD 48.82 billion, at a CAGR of 8.8% between 2024 and 2029. The market is experiencing significant growth, driven primarily by the increasing demand for energy-efficient heating and cooling systems in the construction industry.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 49% share in 2023.
- The market is expected to grow significantly in Europe region as well over the forecast period.
- Based on the Type, the HVAC euipment segment led the market and was valued at USD 58.79 billion of the global revenue in 2023.
- Based on the Product, the air conditioning system segment accounted for the largest market revenue share in 2023.
Market Size & Forecast
- 2024 Market Size: USD 92.84 Billion
- Future Opportunities: USD 48.82 Billion
- CAGR (2024-2029): 8.8%
- APAC: Largest market in 2023
The market is experiencing significant advancements, driven by the integration of smart grids and HVAC automation. Data analytics plays a crucial role in optimizing HVAC systems, enabling energy savings and improved customer satisfaction. HVAC innovation continues to evolve, with sustainable design and LEED certification gaining prominence in the industry. HVAC troubleshooting and repair techniques are being enhanced through remote monitoring and predictive maintenance. Building codes and regulations mandate higher energy efficiency standards, driving the demand for HVAC optimization software and commissioning services.
What will be the Size of the Residential HVAC Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The market continues to evolve, driven by advancements in technology and shifting consumer preferences. System commissioning, a critical process ensuring HVAC systems operate at peak efficiency, is increasingly prioritized. Refrigerant leak detection, for instance, has gained significance due to the environmental implications of refrigerant loss. Indoor air quality (IAQ) is another major focus, with EER and SEER ratings becoming essential considerations. Heat exchanger design and evaporator coil cleaning are key elements in maintaining optimal IAQ and energy efficiency. Air quality monitoring and duct sealing techniques further enhance system performance and user comfort. Energy Star certification, ventilation system design, and smart home integration are trends shaping the market.
Air balancing services, variable refrigerant flow, and HVAC system maintenance are essential components of modern systems. Humidifier installation, dehumidifier operation, and evaporative cooling systems cater to diverse climate requirements. Airflow measurement, cooling load calculation, and air handler selection are crucial aspects of system design. Variable speed drives, HVAC system zoning, pressure drop calculation, and energy efficiency ratings are essential for optimizing performance and reducing energy consumption. Blower motor efficiency, condenser coil cleaning, thermostat programming, heat pump efficiency, and HVAC system zoning are some areas where improvements can lead to substantial energy savings. Air filtration systems, dehumidifier operation, and evaporative cooling systems contribute to enhanced comfort and improved health.
According to industry reports, the market is expected to grow by over 5% annually, driven by increasing demand for energy-efficient systems and advanced technologies. For instance, a leading HVAC manufacturer reported a 15% increase in sales of smart thermostats in the last quarter.
How is this Residential HVAC Industry segmented?
The residential hvac industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Type
- HVAC equipment
- HVAC services
- Product
- Air conditioning system
- Heating system
- Ventilating system
- Installation Type
- New Construction
- Retrofit/Replacement
- Distribution Channel
- Geography
- North America
- Europe
- Middle East and Africa
- APAC
- South America
- Rest of World (ROW)
By Type Insights
The HVAC equipment segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 58.79 billion in 2023. It continued to the largest segment at a CAGR of 7.02%.
HVAC market trends reflect a growing emphasis on energy efficiency and indoor air quality in both residential and commercial sectors. System commissioning ensures optimal performance of HVAC systems, reducing energy waste and improving comfort. Refrigerant leak detection is crucial for maintaining system efficiency and preventing environmental harm. Indoor air quality is a significant concern, driving demand for air filtration systems and air quality monitoring. EER and SEER ratings are essential metrics for measuring cooling efficiency, while heating load calculation and variable refrigerant flow optimize heating performance. Heat exchanger design and evaporator coil cleaning enhance system durability and efficiency.
Energy Star certification is a key market driver, as consumers seek energy-efficient solutions. Ventilation system design and air balancing services ensure proper air distribution and pressure balance within buildings. Smart home integration allows for remote control and automation of HVAC systems. Variable speed drives and HVAC system zoning offer energy savings and customized comfort. Airflow measurement and cooling load calculation are crucial for system optimization. Humidifier installation and dehumidifier operation maintain ideal indoor humidity levels. Evaporative cooling systems provide energy-efficient cooling alternatives in dry climates. The HVAC industry anticipates steady growth, with estimates suggesting a 5% increase in annual revenue over the next five years.
HVAC system maintenance remains essential for prolonging system life and ensuring peak performance. Blower motor efficiency and condenser coil cleaning contribute to overall system efficiency. Thermostat programming and heat pump efficiency enable customized comfort and energy savings. Air conditioning refrigerant and HSPF ratings are important considerations for environmentally-conscious consumers.
Request Free Sample
The HVAC equipment segment was valued at USD 44.66 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 49% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Request Free Sample
The market in APAC is experiencing significant growth, driven by the increasing construction of new residential buildings and the rising demand for energy-efficient solutions. Population growth and urbanization in countries like India and China are major factors fueling this trend. In response, enterprises are investing in the construction of LEED-certified residential buildings, prioritizing energy efficiency and sustainable infrastructure. Energy Star certification, variable refrigerant flow, and smart home integration are key features that resonate with consumers in this region. System commissioning, refrigerant leak detection, and air quality monitoring are essential services ensuring optimal system performance and indoor comfort. Heat exchanger design, evaporator coil cleaning, and air filtration systems contribute to energy efficiency and improved indoor air quality.
The market also anticipates growth due to the increasing adoption of advanced technologies such as air balancing services, variable speed drives, and HVAC system zoning. These technologies enable customized temperature control, improved energy efficiency, and enhanced user experience. Additionally, the market is witnessing a surge in demand for airflow measurement, cooling load calculation, and air handler selection to ensure accurate system design and installation. According to recent industry reports, the market in APAC is expected to grow by 10% annually over the next five years. This growth can be attributed to the increasing focus on energy efficiency, indoor air quality, and the adoption of advanced technologies in the region.
For instance, a leading HVAC manufacturer reported a 15% increase in sales of energy-efficient air conditioners in India last year.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is experiencing significant growth due to the increasing demand for energy-efficient solutions and advanced technologies. One key trend in this market is the optimization of residential HVAC systems for improved energy efficiency. This includes the use of high-efficiency air filtration media, variable speed air handler installation, and ductless mini split system maintenance. Advanced HVAC control strategies, such as refrigerant charge calculation procedures and airflow optimization in residential applications, are also gaining popularity. Moreover, smart thermostat energy usage monitoring and efficient refrigerant management practices are becoming essential for optimizing residential HVAC system performance.
Improving HVAC energy efficiency metrics is a top priority for homeowners and building developers alike. Effective residential heating system design and efficient cooling system operation strategies are crucial for reducing energy consumption and lowering utility bills. Preventative maintenance scheduling guidelines are essential for ensuring the longevity and efficiency of residential HVAC systems. Designing effective HVAC ventilation systems and improving indoor air quality in residential buildings are also critical for maintaining a healthy living environment. Residential HVAC system installation best practices and efficient refrigerant management are key considerations for contractors and installers. Overall, the market is focused on delivering innovative solutions that enhance comfort, reduce energy consumption, and ensure compliance with evolving efficiency standards.
What are the key market drivers leading to the rise in the adoption of Residential HVAC Industry?
- The surge in demand for HVAC systems in the construction industry serves as the primary market driver.
- The market is experiencing robust growth, fueled by the expansion of the construction industry. This sector's demand for HVAC systems and services is surging, with the global market poised for significant growth. The construction industry's expansion is a key driver, with numerous factors contributing to its growth, particularly in the APAC region. This area is the leading market for construction and is projected to grow at an impressive rate during the forecast period, primarily due to infrastructure and real estate developments.
- The trend toward green buildings is also gaining momentum, leading to increased environmental concerns and heightened demand for energy-efficient HVAC systems. For instance, the adoption of green building practices in the US has led to a 39% increase in energy-efficient commercial buildings between 2015 and 2018. The market's growth is expected to continue, with industry analysts projecting a 5% increase in market size by 2025.
What are the market trends shaping the Residential HVAC Industry?
- In the realm of HVAC systems, the adoption of power evaluation software is becoming increasingly prevalent, signifying a notable market trend.
- The market is experiencing significant growth due to the increasing adoption of advanced power evaluation software programs. Traditionally, HVAC technicians and homeowners had to manually review power bills and consumption data to determine if a new HVAC unit was necessary. However, the introduction of these software tools has streamlined this process, saving both time and resources. These analytical software solutions enable contractors to easily access and analyze power records, leading to improved system performance and potential cost savings. By calculating the lifetime power usage and associated statistics of an HVAC device, these tools provide valuable insights for decision-making.
- As a result, the market for residential HVAC power evaluation software is poised for continued growth, with expectations of a substantial increase in demand.
What challenges does the Residential HVAC Industry face during its growth?
- The growth of the HVAC industry is significantly impacted by challenges pertaining to equipment-related issues.
- The market encompasses intricate heating and cooling systems, comprised of an array of software-based, electrical, and mechanical components. With the proliferation of advanced technology, HVAC units have become more complex, increasing the likelihood of component failure. For instance, neglected or worn-out filters can significantly impact system performance, necessitating additional energy consumption and potentially shortening the unit's lifespan. According to industry reports, the global HVAC market is projected to expand at a robust pace, with a significant increase in demand driven by factors such as growing awareness of energy efficiency and the rising adoption of smart home technology.
- This growth is expected to reach approximately 15% in the next five years. By addressing component maintenance promptly, homeowners can optimize their HVAC systems' efficiency and longevity, ultimately reducing energy costs and ensuring a comfortable living environment.
Exclusive Customer Landscape
The residential hvac market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the residential hvac market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, residential hvac market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Carrier Global Corp. - This company specializes in providing a range of residential HVAC solutions, including Daikin POLARA and 19 Series wall mount single zone air conditioners, as well as Daikin ATMOSPHERA wall mount heat pumps and FDMQ heating and cooling multi zone systems. These energy-efficient products cater to various climate control needs.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Carrier Global Corp.
- Daikin Industries Ltd.
- Danfoss AS
- Electrolux Group
- Fujitsu Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- Haier Smart Home Co. Ltd.
- Honeywell International Inc.
- Johnson Controls International Plc
- Lennox International Inc.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- National HVAC Service
- Paloma Co. Ltd.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- Systemair AB
- Toshiba Corp.
- Trane Technologies Plc
- Whirlpool Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Residential HVAC Market
- In January 2024, Carrier Global Corporation, a leading HVAC manufacturer, announced the launch of its new line of energy-efficient residential air conditioners, the Infinity® Touch CP Series. These models feature a user-friendly touchscreen interface and Greenspeed™ intelligence for precise temperature control and energy savings (Carrier Press Release).
- In March 2024, Johnson Controls, another major player in the HVAC industry, entered into a strategic partnership with Google to integrate its GLAS smart thermostat with Google Nest. This collaboration enables users to control their HVAC systems using Google Assistant and other Nest devices (Johnson Controls Press Release).
- In April 2025, Lennox International, Inc. Completed the acquisition of SunSource Homes, a leading provider of solar energy systems for residential HVAC applications. This acquisition expands Lennox's offerings to include renewable energy solutions and strengthens its position in the growing solar HVAC market (Lennox International Press Release).
- In May 2025, the U.S. Department of Energy announced the approval of a USD50 million grant for the development of advanced HVAC technologies. The funding will support research and innovation in areas such as energy efficiency, smart grid integration, and carbon capture and utilization (U.S. Department of Energy Press Release).
Research Analyst Overview
- The market continues to evolve, with ongoing advancements in technology and changing consumer preferences shaping its dynamics. For instance, the adoption of electronic expansion valves in fan coil units and air handlers has led to improved system efficiency and energy savings. According to a recent study, the global market for fan coil units is expected to grow by over 5% annually. Additionally, the demand for radiant heating systems and improved ventilation is on the rise, as homeowners prioritize energy-saving strategies and humidity control. Air filter selection and filtration technology have gained significant attention, with air purification technology becoming increasingly popular.
- System troubleshooting and compressor efficiency are also key areas of focus, with the integration of building codes HVAC and smart thermostat features driving innovation. The HVAC industry anticipates continued growth, with energy audits, demand-controlled ventilation, and building automation systems playing crucial roles in optimizing thermal comfort and reducing energy consumption. The market for packaged units, split systems, and geothermal heat pumps is also expected to expand, with ductwork design and refrigerant recovery gaining importance in the refrigeration cycle.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Residential HVAC Market insights. See full methodology.
|
Market Scope
|
|
Report Coverage
|
Details
|
|
Page number
|
0
|
|
Base year
|
2024
|
|
Historic period
|
2019-2023 |
|
Forecast period
|
2025-2029
|
|
Growth momentum & CAGR
|
Accelerate at a CAGR of 8.8%
|
|
Market growth 2025-2029
|
USD 48824.4 million
|
|
Market structure
|
Fragmented
|
|
YoY growth 2024-2025(%)
|
8.4
|
|
Key countries
|
China, US, Germany, Japan, UK, India, South Korea, France, Canada, and Australia
|
|
Competitive landscape
|
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
|
Request Free Sample
What are the Key Data Covered in this Residential HVAC Market Research and Growth Report?
- CAGR of the Residential HVAC industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the residential hvac market growth of industry companies
We can help! Our analysts can customize this residential hvac market research report to meet your requirements.
Get in touch
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 Type
- Executive Summary - Chart on Market Segmentation by Product
- 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
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- 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 Residential HVAC Market 2019 - 2023
- Historic Market Size - Data Table on Global Residential HVAC Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The impact of AI in Global Residential 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 Type
- 8.1 Market segments
- Chart on Type - Market share (2024-2029) (%)
- Data Table on Type - Market share (2024-2029) (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 HVAC equipment - Market size and forecast (2024-2029)
- Chart on HVAC equipment - Market size and forecast (2024-2029) ($ million)
- Data Table on HVAC equipment - Market size and forecast (2024-2029) ($ million)
- Chart on HVAC equipment - Year-over-year growth (2024-2029) (%)
- Data Table on HVAC equipment - Year-over-year growth (2024-2029) (%)
- 8.4 HVAC services - Market size and forecast (2024-2029)
- Chart on HVAC services - Market size and forecast (2024-2029) ($ million)
- Data Table on HVAC services - Market size and forecast (2024-2029) ($ million)
- Chart on HVAC services - Year-over-year growth (2024-2029) (%)
- Data Table on HVAC services - Year-over-year growth (2024-2029) (%)
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share (2024-2029) (%)
- Data Table on Product - Market share (2024-2029) (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Air conditioning system - Market size and forecast (2024-2029)
- Chart on Air conditioning system - Market size and forecast (2024-2029) ($ million)
- Data Table on Air conditioning system - Market size and forecast (2024-2029) ($ million)
- Chart on Air conditioning system - Year-over-year growth (2024-2029) (%)
- Data Table on Air conditioning system - Year-over-year growth (2024-2029) (%)
- 9.4 Heating system - Market size and forecast (2024-2029)
- Chart on Heating system - Market size and forecast (2024-2029) ($ million)
- Data Table on Heating system - Market size and forecast (2024-2029) ($ million)
- Chart on Heating system - Year-over-year growth (2024-2029) (%)
- Data Table on Heating system - Year-over-year growth (2024-2029) (%)
- 9.5 Ventilating system - Market size and forecast (2024-2029)
- Chart on Ventilating system - Market size and forecast (2024-2029) ($ million)
- Data Table on Ventilating system - Market size and forecast (2024-2029) ($ million)
- Chart on Ventilating system - Year-over-year growth (2024-2029) (%)
- Data Table on Ventilating system - Year-over-year growth (2024-2029) (%)
- 9.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
10 Market Segmentation by Installation Type
- 10.1 Market segments
- Chart on Installation Type - Market share (2024-2029) (%)
- Data Table on Installation Type - Market share (2024-2029) (%)
- 10.2 Comparison by Installation Type
- Chart on Comparison by Installation Type
- Data Table on Comparison by Installation Type
- 10.3 New Construction - Market size and forecast (2024-2029)
- Chart on New Construction - Market size and forecast (2024-2029) ($ million)
- Data Table on New Construction - Market size and forecast (2024-2029) ($ million)
- Chart on New Construction - Year-over-year growth (2024-2029) (%)
- Data Table on New Construction - Year-over-year growth (2024-2029) (%)
- 10.4 Retrofit/Replacement - Market size and forecast (2024-2029)
- Chart on Retrofit/Replacement - Market size and forecast (2024-2029) ($ million)
- Data Table on Retrofit/Replacement - Market size and forecast (2024-2029) ($ million)
- Chart on Retrofit/Replacement - Year-over-year growth (2024-2029) (%)
- Data Table on Retrofit/Replacement - Year-over-year growth (2024-2029) (%)
- 10.5 Market opportunity by Installation Type
- Market opportunity by Installation Type ($ million)
- Data Table on Market opportunity by Installation Type ($ million)
11 Market Segmentation by Distribution Channel
- 11.1 Market segments
- Chart on Distribution Channel - Market share (2024-2029) (%)
- Data Table on Distribution Channel - Market share (2024-2029) (%)
- 11.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
- 11.3 Online - Market size and forecast (2024-2029)
- Chart on Online - Market size and forecast (2024-2029) ($ million)
- Data Table on Online - Market size and forecast (2024-2029) ($ million)
- Chart on Online - Year-over-year growth (2024-2029) (%)
- Data Table on Online - Year-over-year growth (2024-2029) (%)
- 11.4 Offline - Market size and forecast (2024-2029)
- Chart on Offline - Market size and forecast (2024-2029) ($ million)
- Data Table on Offline - Market size and forecast (2024-2029) ($ million)
- Chart on Offline - Year-over-year growth (2024-2029) (%)
- Data Table on Offline - Year-over-year growth (2024-2029) (%)
- 11.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)
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 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 13.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 13.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 13.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- 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 (%)
- 13.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 13.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- 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 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 13.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 13.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 13.14 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 13.15 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 13.16 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 13.17 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 13.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
- 13.19 Italy - Market size and forecast (2024-2029)
- Chart on Italy - Market size and forecast (2024-2029) ($ million)
- Data Table on Italy - Market size and forecast (2024-2029) ($ million)
- Chart on Italy - Year-over-year growth (2024-2029) (%)
- Data Table on Italy - Year-over-year growth (2024-2029) (%)
- 13.20 Brazil - Market size and forecast (2024-2029)
- Chart on Brazil - Market size and forecast (2024-2029) ($ million)
- Data Table on Brazil - Market size and forecast (2024-2029) ($ million)
- Chart on Brazil - Year-over-year growth (2024-2029) (%)
- Data Table on Brazil - Year-over-year growth (2024-2029) (%)
- 13.21 Egypt - Market size and forecast (2024-2029)
- Chart on Egypt - Market size and forecast (2024-2029) ($ million)
- Data Table on Egypt - Market size and forecast (2024-2029) ($ million)
- Chart on Egypt - Year-over-year growth (2024-2029) (%)
- Data Table on Egypt - Year-over-year growth (2024-2029) (%)
- 13.22 UAE - Market size and forecast (2024-2029)
- Chart on UAE - Market size and forecast (2024-2029) ($ million)
- Data Table on UAE - Market size and forecast (2024-2029) ($ million)
- Chart on UAE - Year-over-year growth (2024-2029) (%)
- Data Table on UAE - Year-over-year growth (2024-2029) (%)
- 13.23 Oman - Market size and forecast (2024-2029)
- Chart on Oman - Market size and forecast (2024-2029) ($ million)
- Data Table on Oman - Market size and forecast (2024-2029) ($ million)
- Chart on Oman - Year-over-year growth (2024-2029) (%)
- Data Table on Oman - Year-over-year growth (2024-2029) (%)
- 13.24 Argentina - Market size and forecast (2024-2029)
- Chart on Argentina - Market size and forecast (2024-2029) ($ million)
- Data Table on Argentina - Market size and forecast (2024-2029) ($ million)
- Chart on Argentina - Year-over-year growth (2024-2029) (%)
- Data Table on Argentina - Year-over-year growth (2024-2029) (%)
- 13.25 KSA - Market size and forecast (2024-2029)
- Chart on KSA - Market size and forecast (2024-2029) ($ million)
- Data Table on KSA - Market size and forecast (2024-2029) ($ million)
- Chart on KSA - Year-over-year growth (2024-2029) (%)
- Data Table on KSA - Year-over-year growth (2024-2029) (%)
- 13.26 Rest of World (ROW) - Market size and forecast (2024-2029)
- Chart on Rest of World (ROW) - Market size and forecast (2024-2029) ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast (2024-2029) ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
- Data Table on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
14 Drivers, Challenges, and Opportunity/Restraints
- 14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 14.4 Market opportunities/restraints
15 Competitive Landscape
- 15.2 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
- 16.2 Market positioning of companies
- Matrix on companies position and classification
- 16.3 Carrier Global Corp.
- Carrier Global Corp. - Overview
- Carrier Global Corp. - Product / Service
- Carrier Global Corp. - Key offerings
- 16.4 Daikin Industries Ltd.
- Daikin Industries Ltd. - Overview
- Daikin Industries Ltd. - Product / Service
- Daikin Industries Ltd. - Key offerings
- 16.5 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
- 16.6 Electrolux Group
- Electrolux Group - Overview
- Electrolux Group - Product / Service
- Electrolux Group - Key offerings
- 16.7 Fujitsu Ltd.
- Fujitsu Ltd. - Overview
- Fujitsu Ltd. - Product / Service
- Fujitsu Ltd. - Key offerings
- 16.8 Gree Electric Appliances Inc. of Zhuhai
- Gree Electric Appliances Inc. of Zhuhai - Overview
- Gree Electric Appliances Inc. of Zhuhai - Product / Service
- Gree Electric Appliances Inc. of Zhuhai - Key offerings
- 16.9 Haier Smart Home Co. Ltd.
- Haier Smart Home Co. Ltd. - Overview
- Haier Smart Home Co. Ltd. - Product / Service
- Haier Smart Home Co. Ltd. - Key offerings
- 16.10 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Product / Service
- Honeywell International Inc. - Key offerings
- 16.11 Johnson Controls International Plc
- Johnson Controls International Plc - Overview
- Johnson Controls International Plc - Product / Service
- Johnson Controls International Plc - Key offerings
- 16.12 Lennox International Inc.
- Lennox International Inc. - Overview
- Lennox International Inc. - Product / Service
- Lennox International Inc. - Key offerings
- 16.13 LG Electronics Inc.
- LG Electronics Inc. - Overview
- LG Electronics Inc. - Product / Service
- LG Electronics Inc. - Key offerings
- 16.14 MIDEA Group Co. Ltd.
- MIDEA Group Co. Ltd. - Overview
- MIDEA Group Co. Ltd. - Product / Service
- MIDEA Group Co. Ltd. - Key offerings
- 16.15 National HVAC Service
- National HVAC Service - Overview
- National HVAC Service - Product / Service
- National HVAC Service - Key offerings
- 16.16 Paloma Co. Ltd.
- Paloma Co. Ltd. - Overview
- Paloma Co. Ltd. - Product / Service
- Paloma Co. Ltd. - Key offerings
- 16.17 Panasonic Holdings Corp.
- Panasonic Holdings Corp. - Overview
- Panasonic Holdings Corp. - Product / Service
- Panasonic Holdings Corp. - Key offerings
- 16.18 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Product / Service
- Samsung Electronics Co. Ltd. - Key offerings
- 16.19 Systemair AB
- Systemair AB - Overview
- Systemair AB - Product / Service
- Systemair AB - Key offerings
- 16.20 Toshiba Corp.
- Toshiba Corp. - Overview
- Toshiba Corp. - Product / Service
- Toshiba Corp. - Key offerings
- 16.21 Trane Technologies Plc
- Trane Technologies Plc - Overview
- Trane Technologies Plc - Product / Service
- Trane Technologies Plc - Key offerings
- 16.22 Whirlpool Corp.
- Whirlpool Corp. - Overview
- Whirlpool Corp. - Product / Service
- Whirlpool Corp. - Key offerings
- 16.23 Daikin Industries Ltd. (Japan)
- Daikin Industries Ltd. (Japan) - Overview
- Daikin Industries Ltd. (Japan) - Product / Service
- Daikin Industries Ltd. (Japan) - Key offerings
- 16.24 Lennox International Inc. (United States)
- Lennox International Inc. (United States) - Overview
- Lennox International Inc. (United States) - Product / Service
- Lennox International Inc. (United States) - Key offerings
- 16.25 Carrier Global Corporation (United States)
- Carrier Global Corporation (United States) - Overview
- Carrier Global Corporation (United States) - Product / Service
- Carrier Global Corporation (United States) - Key offerings
- 16.26 Trane Technologies plc (Ireland)
- Trane Technologies plc (Ireland) - Overview
- Trane Technologies plc (Ireland) - Product / Service
- Trane Technologies plc (Ireland) - Key offerings
- 16.27 Mitsubishi Electric Corporation (Japan)
- Mitsubishi Electric Corporation (Japan) - Overview
- Mitsubishi Electric Corporation (Japan) - Product / Service
- Mitsubishi Electric Corporation (Japan) - Key offerings
- 16.28 Johnson Controls International plc (Ireland)
- Johnson Controls International plc (Ireland) - Overview
- Johnson Controls International plc (Ireland) - Product / Service
- Johnson Controls International plc (Ireland) - Key offerings
- 16.29 LG Electronics Inc. (South Korea)
- LG Electronics Inc. (South Korea) - Overview
- LG Electronics Inc. (South Korea) - Product / Service
- LG Electronics Inc. (South Korea) - Key offerings
- 16.30 Fujitsu General Limited (Japan)
- Fujitsu General Limited (Japan) - Overview
- Fujitsu General Limited (Japan) - Product / Service
- Fujitsu General Limited (Japan) - Key offerings
- 16.31 Samsung Electronics Co. Ltd. (South Korea)
- Samsung Electronics Co. Ltd. (South Korea) - Overview
- Samsung Electronics Co. Ltd. (South Korea) - Product / Service
- Samsung Electronics Co. Ltd. (South Korea) - Key offerings
- 16.32 Gree Electric Appliances Inc. (China)
- Gree Electric Appliances Inc. (China) - Overview
- Gree Electric Appliances Inc. (China) - Product / Service
- Gree Electric Appliances Inc. (China) - Key offerings
- 16.33 Midea Group Co. Ltd. (China)
- Midea Group Co. Ltd. (China) - Overview
- Midea Group Co. Ltd. (China) - Product / Service
- Midea Group Co. Ltd. (China) - Key offerings
- 16.34 Haier Group Corporation (China)
- Haier Group Corporation (China) - Overview
- Haier Group Corporation (China) - Product / Service
- Haier Group Corporation (China) - Key offerings
- 16.35 Rheem Manufacturing Company (United States)
- Rheem Manufacturing Company (United States) - Overview
- Rheem Manufacturing Company (United States) - Product / Service
- Rheem Manufacturing Company (United States) - Key offerings
- 16.36 Bosch Thermotechnology Corp. (Germany)
- Bosch Thermotechnology Corp. (Germany) - Overview
- Bosch Thermotechnology Corp. (Germany) - Product / Service
- Bosch Thermotechnology Corp. (Germany) - Key offerings
- 16.37 Hitachi Ltd. (Japan)
- Hitachi Ltd. (Japan) - Overview
- Hitachi Ltd. (Japan) - Product / Service
- Hitachi Ltd. (Japan) - Key offerings
- 16.38 Panasonic Corporation (Japan)
- Panasonic Corporation (Japan) - Overview
- Panasonic Corporation (Japan) - Product / Service
- Panasonic Corporation (Japan) - Key offerings
- 16.39 Nortek Global HVAC LLC (United States)
- Nortek Global HVAC LLC (United States) - Overview
- Nortek Global HVAC LLC (United States) - Product / Service
- Nortek Global HVAC LLC (United States) - Key offerings
- 16.40 Voltas Limited (India)
- Voltas Limited (India) - Overview
- Voltas Limited (India) - Product / Service
- Voltas Limited (India) - Key offerings
- 16.41 Blue Star Limited (India)
- Blue Star Limited (India) - Overview
- Blue Star Limited (India) - Product / Service
- Blue Star Limited (India) - Key offerings
- 16.42 Zamil Air Conditioners (Saudi Arabia)
- Zamil Air Conditioners (Saudi Arabia) - Overview
- Zamil Air Conditioners (Saudi Arabia) - Product / Service
- Zamil Air Conditioners (Saudi Arabia) - Key offerings
17 Appendix
- 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
- 17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 17.9 360 degree market analysis
- 360 degree market analysis
- 17.10 List of abbreviations
- List of abbreviations
- o Strong financial performance
INFORMATION SOURCES
DATA ANALYSIS
REPORT WRITING
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
