Heating, ventilation, and air conditioning (HVAC) is the technology of indoor environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC Systems design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer. HVAC is an important part of residential structures such as single family homes, apartment buildings, hotels and senior living facilities, medium to large industrial and office buildings such as skyscrapers and hospitals, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fresh air from outdoors.
This report contains market size and forecasts of HVAC Systems in global, including the following market information:
Global HVAC Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global HVAC Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five HVAC Systems companies in 2021 (%)
The global HVAC Systems market was valued at 178760 million in 2021 and is projected to reach US$ 276190 million by 2028, at a CAGR of 6.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Decentralized Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of HVAC Systems include Gree, Daikin, Midea, Johnson Controls, Carrier, Trane Technologies, Haier, Panasonic and Lennox, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HVAC Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HVAC Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, by Type, 2021 (%)
Decentralized
Centralized
Global HVAC Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, by Application, 2021 (%)
Residential
Industrial
Commercial
Global HVAC Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global HVAC Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HVAC Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies HVAC Systems revenues share in global market, 2021 (%)
Key companies HVAC Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies HVAC Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Gree
Daikin
Midea
Johnson Controls
Carrier
Trane Technologies
Haier
Panasonic
Lennox
LG Electronics
Emerson
Mitsubishi Electric
Siemens
Hitachi
Fujitsu
Danfoss
Electrolux
Honeywell
Nortek
Samsung Electronics
Schneider Electric