Europe Heating, Ventilation, and Air Conditioning (HVAC) Equipment Market by Product, and End-user - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 163 SKU: IRTNTR70019

Europe HVAC Equipment Market Analysis Report and Forecast 2023 -2027:

The Europe HVAC equipment market is projected to reach a value of  USD 42.65 billion in 2027, at a CAGR of 5.16% between 2022 and 2027. The market is driven by factors such as increasing demand for energy-efficient HVAC systems and growing construction activities in the region. 

Market Size and Growth

Analysis Period 2017-2027
Market Size (2017) Historic Year USD 27.03 billion
Market Size (2027) - Forecasted Year USD 42.65 billion
Historic Opportunity (2017-2021) USD 4.74 billion
Historic CAGR 4.12 %
Forecasted Opportunity (2023-2027) USD 9.49 billion
Market Opportunity Transformation Growth 57.79 %
Market Opportunity Capitalization USD 14.23 billion

 

The Europe HVAC Equipment market refers to the market for heating, ventilation, and air conditioning systems in Europe. The market is segmented based on equipment type, including heating equipment, ventilation equipment, and air conditioning equipment. Key players in the market include companies like Daikin Industries, Johnson Controls, Mitsubishi Electric, and Carrier. Europe's strict regulations regarding energy efficiency and environmental sustainability are driving the adoption of advanced HVAC technologies in the region. The market report also includes an in-depth analysis of market in Europe market trends and analysis, market growth analysis, and market forecasting of forecast and historic growth.

 Market Forecasting

To learn more about this report,  Request Free Sample

Market Overview

Our researchers studied the market research and growth data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key market growth and trends, and challenges for the market. Although there has been a disruption in the Industrial market in Europe growth during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges of market growth and forecasting will help companies refine marketing strategies to gain a competitive advantage.    

 Driver

The growth in data centers is notably driving the Europe heating, ventilation, and air conditioning market. A data center comprises highly sensitive electronic components that require a consistent temperature, humidity, airflow, and cleanliness to prevent equipment failure. HVAC systems form an indispensable part of a data center, as cooling is a major cost factor in data centers. With the growth in the number of data centers, the need to manage the huge amount of heat dissipated by equipment and machines in data centers has also increased.

Factors such as the ongoing migration of data from private servers to cloud-based solutions, industrial development in the region, increased adoption of hybrid cloud storage systems, growing demand for colocation facilities, especially from small and medium-sized enterprises (SMEs), and increased investments have led to an increase in the number of data centers, which, in turn, is fostering the demand equipment in the region. Therefore, such factors will boost the Europe heating, ventilation, and air conditioning market growth during the forecast period.

Market Trends 

The increasing use of renewable energy sources for the market is an emerging trend. The shift to renewable energy sources is also gaining traction of the market in Eastern Europe. The adoption of renewable energy sources for the heating equipment market is high in the residential and commercial sectors. Moreover, strict environmental regulations will also pave the way for the adoption of renewable sources in other sectors.

Solar-powered space heating is a method that uses solar energy to reduce energy consumption for heating purposes. A solar space heating system works in conjunction with the existing buildings heat pumps system, such as an oil or gas-fired heater, or independently to provide heated air handling units for indoor heating spaces. The use of solar-powered space heating systems enables end-users to cut down on the fuel costs incurred on heating considerably. This hybrid system can also provide large-scale, cost-effective reductions in greenhouse gas emissions. The cost benefits that hybrid systems offer in conjunction with the strict government environmental regulations in Europe will lead to a shift in the market toward renewable energy sources and will have a significant impact on the growth of the European heating, ventilation, and air conditioning equipment market during the forecast period.

Market Restraints

The lack of skilled HVAC technicians is a major challenge impeding market growth. Technical skills and knowledge are mandatory while installing or handling any type of HVAC industry equipment. At present, retaining and finding skilled labor are major challenges faced by contractors. The shortage of labor will affect the profit margins of manufacturers as it has an adverse impact on aftermarket services.

A massive shortage of skilled manpower has plagued contractors for several years and is expected to continue during the forecast period. The inclination of fresh graduates toward more popular career paths, such as computer programming, application designing, and investment banking and competition instead of less desirable or low-paid jobs is the primary reason for the shortage of technical workers. Thus, such factors may hinder the growth of the Europe heating, ventilation, and air conditioners equipment market during the forecast period.


Industrial HVAC Equipment Market Product Segmentation 

The Europe heating, ventilation, and air conditioning market share growth by the air conditioning equipment segment will be significant during the forecast period. Air conditioning equipment is used everywhere, from homes, shopping malls, and commercial spaces to entertainment centers. The air conditioning equipment segment was valued at USD 16.99 billion in 2017 and continued to grow until 2021Air conditioning equipment plays an important role in changing the indoor environment, especially in hot and dry climates, and is a vital part of the infrastructure that supports modern spaces. Moreover, as the economic growth of emerging markets continues to accelerate, the demand for air conditioning equipment is expected to grow exponentially during the forecast period. Factors like the expanding construction industry, deregulation in the real estate and construction sector, great potential for energy savings, and low and easy air conditioning maintenance requirements will drive the air conditioning market during the forecast period.

Customised Report as per your requirements!

Residential HVAC Equipment Market

The Residential encompasses a wide array of elements that cater directly to consumers seeking replacement or installation services. In different areas across the globe, including Russia, the HVAC market size continues to evolve, emphasizing the importance of achieving optimal comfort while considering factors like varying temperatures and maintaining superior air quality. Various incentives aim to encourage the adoption of more efficient systems, aligning with the global efforts to mitigate the effects of warming and reduce reliance on fossil fuels.

Boilers, radiators, and heating equipment for hospitals and other establishments play a crucial role in managing prices and ensuring optimal conditions. The European market, including regions like London, Benelux, and the Nordics, drives product innovations and suppliers' role in providing efficient alternatives and fostering developments across the value chain.

European HVAC markets observe a surge in heating air conditioning solutions, incorporating modern systems equipped with VRF technology. The heating equipment industry thrives on consistent industry trends and the emergence of product development aimed at efficient monitoring and delivering substantial advantages. The Residential market continues to evolve, adapting to changing consumer needs and environmental dynamics, thereby shaping the trajectory of the broader HVAC system industry.

Commercial HVAC Equipment Market

The Commercial HVAC Market caters to diverse environments and demands quality brands offering innovative chillers worldwide. Essential for optimal temperatures, furnaces and replacements shape this industry's landscape, navigating changing environments and market threats. The new entrants and savvy buyers in bustling cities drive innovation, seeking practical applications for efficient ACS and HAVC units, pivotal market drivers. Influences from Chinese manufacturers and evolving market snapshots impact regions like Poland and the Netherlands, challenging industry assumptions. Efficient distribution channels is vital for the competitive system market including HVAC system market. The industry's pulse in European markets showcases adaptability and resilience, shaping Europe's HVAC industry.


Regional Analysis

For more insights on the market share of various regions Download Sample PDF now!

Europe is estimated to contribute 100% to the growth by 2027. Germany holds the largest market share in the Europe market equipment market. The residential sector dominates the demand for HVAC equipment in Europe, representing over 50% of the market. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

Key Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

LG Electronics Inc. - The company offers technology and consumer electronics such as home appliance and air solutions, home entertainment, vehicle component solutions, and business solutions. The key offerings of the company include HVAC equipment. We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Carrier Global Corp., Hitachi, Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson and Johnson, LG Electronics Inc., LUVE Spa, MIDEA Group, Mitsubishi Electric Corp., Nortek Inc., OSTBERG GROUP AB, Panasonic Holdings Corp., Regal Rexnord Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Systemair AB, and Zehnder Group AG 

Technavio market in Europe market forecasts an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analysis

The market is transforming with a strong emphasis on energy efficiency and IoT integration. The market size is influenced by a surge in consumer demand for advanced solutions, prompting suppliers to innovate in heat pumps and efficient installations. A notable trend is the replacement of outdated systems in buildings, further enhancing overall efficiency. As consumers prioritize sustainable choices, the HVAC industry in Europe is evolving rapidly, with a collective commitment to energy efficiency, making it a dynamic and responsive market.

Segment Overview

The Europe HVAC market analysis and report forecast market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Billion, 2017 - 2027)

    • Air conditioning equipment
    • Heating equipment
    • Ventilation equipment
  • End-user Outlook (USD Billion, 2017 - 2027)
    • Non-residential
    • Residential

HVAC Market In Europe Scope

Report Coverage

Details

Page number

163

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.16%

Market growth 2023-2027

USD 9.49 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.52

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson and Johnson, LG Electronics Inc., LUVE Spa, MIDEA Group, Mitsubishi Electric Corp., Nortek Inc., OSTBERG GROUP AB, Panasonic Holdings Corp., Regal Rexnord Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Systemair AB, and Zehnder Group AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request Sample PDF 

What are the Key Data Covered in this Market In Europe In the Regional Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market in Europe between 2023 and 2027
  • Precise estimation of the size of the market in Europe growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market in Europe trends and analysis and changes in consumer behavior
  • HVAC equipment market in Europe growth and forecasting across Europe
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the equipment market in European companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

    4 Historic Market Size

    • 4.1 HVAC equipment market in Europe 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on HVAC equipment market in Europe 2017 - 2021 ($ billion)
    • 4.2 By Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – By Product Segment 2017 - 2021 ($ billion)
    • 4.3 By end-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – By end-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 29: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 30: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 31: Chart on Comparison by Product
      • Exhibit 32: Data Table on Comparison by Product
    • 6.3 Air conditioning equipment - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Air conditioning equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 34: Data Table on Air conditioning equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Chart on Air conditioning equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Air conditioning equipment - Year-over-year growth 2022-2027 (%)
    • 6.4 Heating equipment - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Heating equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 38: Data Table on Heating equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Chart on Heating equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Heating equipment - Year-over-year growth 2022-2027 (%)
    • 6.5 Ventilation equipment - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Ventilation equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 42: Data Table on Ventilation equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Chart on Ventilation equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Ventilation equipment - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 45: Market opportunity by Product ($ billion)
      • Exhibit 46: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Non-residential - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)
    • 7.4 Residential - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ billion)
      • Exhibit 60: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 62: Chart on Market share by geography - 2022-2027 (%)
      • Exhibit 63: Data Table on Market share by geography - 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 64: Chart on Geographic comparison
      • Exhibit 65: Data Table on Geographic comparison
    • 9.3 Germany - Market size and forecast 2022-2027
      • Exhibit 66: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.4 UK - Market size and forecast 2022-2027
      • Exhibit 70: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.5 France - Market size and forecast 2022-2027
      • Exhibit 74: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 77: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.6 Italy - Market size and forecast 2022-2027
      • Exhibit 78: Chart on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Data Table on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 81: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.7 Rest of Europe - Market size and forecast 2022-2027
      • Exhibit 82: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 85: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
    • 9.8 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ billion)
      • Exhibit 87: Data Table on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 88: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 89: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 90: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 91: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 92: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 93: Matrix on vendor position and classification
            • 12.3 Carrier Global Corp.
              • Exhibit 94: Carrier Global Corp. - Overview
              • Exhibit 95: Carrier Global Corp. - Business segments
              • Exhibit 96: Carrier Global Corp. - Key news
              • Exhibit 97: Carrier Global Corp. - Key offerings
              • Exhibit 98: Carrier Global Corp. - Segment focus
            • 12.4 Daikin Industries Ltd.
              • Exhibit 99: Daikin Industries Ltd. - Overview
              • Exhibit 100: Daikin Industries Ltd. - Business segments
              • Exhibit 101: Daikin Industries Ltd. - Key news
              • Exhibit 102: Daikin Industries Ltd. - Key offerings
              • Exhibit 103: Daikin Industries Ltd. - Segment focus
            • 12.5 Danfoss AS
              • Exhibit 104: Danfoss AS - Overview
              • Exhibit 105: Danfoss AS - Business segments
              • Exhibit 106: Danfoss AS - Key news
              • Exhibit 107: Danfoss AS - Key offerings
              • Exhibit 108: Danfoss AS - Segment focus
            • 12.6 Haier Smart Home Co. Ltd.
              • Exhibit 109: Haier Smart Home Co. Ltd. - Overview
              • Exhibit 110: Haier Smart Home Co. Ltd. - Business segments
              • Exhibit 111: Haier Smart Home Co. Ltd. - Key offerings
              • Exhibit 112: Haier Smart Home Co. Ltd. - Segment focus
            • 12.7 Honeywell International Inc.
              • Exhibit 113: Honeywell International Inc. - Overview
              • Exhibit 114: Honeywell International Inc. - Business segments
              • Exhibit 115: Honeywell International Inc. - Key news
              • Exhibit 116: Honeywell International Inc. - Key offerings
              • Exhibit 117: Honeywell International Inc. - Segment focus
            • 12.8 Ingersoll Rand Inc.
              • Exhibit 118: Ingersoll Rand Inc. - Overview
              • Exhibit 119: Ingersoll Rand Inc. - Business segments
              • Exhibit 120: Ingersoll Rand Inc. - Key offerings
              • Exhibit 121: Ingersoll Rand Inc. - Segment focus
            • 12.9 Johnson and Johnson
              • Exhibit 122: Johnson and Johnson - Overview
              • Exhibit 123: Johnson and Johnson - Business segments
              • Exhibit 124: Johnson and Johnson - Key news
              • Exhibit 125: Johnson and Johnson - Key offerings
              • Exhibit 126: Johnson and Johnson - Segment focus
            • 12.10 LG Electronics Inc.
              • Exhibit 127: LG Electronics Inc. - Overview
              • Exhibit 128: LG Electronics Inc. - Product / Service
              • Exhibit 129: LG Electronics Inc. - Key offerings
            • 12.11 Mitsubishi Electric Corp.
              • Exhibit 130: Mitsubishi Electric Corp. - Overview
              • Exhibit 131: Mitsubishi Electric Corp. - Business segments
              • Exhibit 132: Mitsubishi Electric Corp. - Key news
              • Exhibit 133: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 134: Mitsubishi Electric Corp. - Segment focus
            • 12.12 OSTBERG GROUP AB
              • Exhibit 135: OSTBERG GROUP AB - Overview
              • Exhibit 136: OSTBERG GROUP AB - Product / Service
              • Exhibit 137: OSTBERG GROUP AB - Key offerings
            • 12.13 Panasonic Holdings Corp.
              • Exhibit 138: Panasonic Holdings Corp. - Overview
              • Exhibit 139: Panasonic Holdings Corp. - Business segments
              • Exhibit 140: Panasonic Holdings Corp. - Key news
              • Exhibit 141: Panasonic Holdings Corp. - Key offerings
              • Exhibit 142: Panasonic Holdings Corp. - Segment focus
            • 12.14 Robert Bosch GmbH
              • Exhibit 143: Robert Bosch GmbH - Overview
              • Exhibit 144: Robert Bosch GmbH - Business segments
              • Exhibit 145: Robert Bosch GmbH - Key news
              • Exhibit 146: Robert Bosch GmbH - Key offerings
              • Exhibit 147: Robert Bosch GmbH - Segment focus
            • 12.15 Samsung Electronics Co. Ltd.
              • Exhibit 148: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 149: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 150: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 151: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 152: Samsung Electronics Co. Ltd. - Segment focus
            • 12.16 Systemair AB
              • Exhibit 153: Systemair AB - Overview
              • Exhibit 154: Systemair AB - Business segments
              • Exhibit 155: Systemair AB - Key offerings
              • Exhibit 156: Systemair AB - Segment focus
            • 12.17 Zehnder Group AG
              • Exhibit 157: Zehnder Group AG - Overview
              • Exhibit 158: Zehnder Group AG - Business segments
              • Exhibit 159: Zehnder Group AG - Key offerings
              • Exhibit 160: Zehnder Group AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: 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

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              hvac equipment market in europe market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis