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Heating, Ventilation, and Cooling (HVAC) System Market Size, Share & Industry Analysis, By Application vs Capacity (Residential, Commercial, and Industrial), By Product Type (Heating Equipment, Cooling Equipment, and Ventilation Equipment), By Application (Commercial, Residential, and Industrial), and Regional Forecast, 2024 – 2032

Last Updated: January 06, 2025 | Format: PDF | Report ID: FBI102664

 

  1. Introduction
    1. Definition, By Segment
    2. Research Methodology/Approach
    3. Data Sources
  2. Executive Summary
  3. Market Dynamics
    1. Macro and Micro Economic Indicators
    2. Drivers, Restraints, Opportunities, and Trends
  4. Competition Landscape
    1. Business Strategies Adopted by Key Players
    2. Consolidated SWOT Analysis of Key Players
    3. Global Heating, Ventilation, and Cooling System Key Players Market Share/Ranking, 2023
  5. Global Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Region (USD)
      1. North America
      2. Latin America
      3. Europe
      4. Middle East & Africa
      5. Asia Pacific
  6. North America Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Country (USD)
      1. United States
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      2. Canada
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      3. Mexico
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
  7. Latin America Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Country (USD)
      1. Brazil
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      2. Mexico
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      3. Rest of Latin America
  8. Europe Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Country (USD)
      1. United Kingdom
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      2. Germany
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      3. France
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      4. Italy
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      5. Spain
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      6. Rest of Europe
  9. Middle East & Africa Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Country (USD)
      1. GCC Countries
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      2. South Africa
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      3. Rest of MEA
  10. Asia Pacific Heating, Ventilation, and Cooling System Market Size Estimates and Forecasts, By Segments, 2019-2032
    1. Key Findings
    2. By Product Type (USD)
      1. Heating Equipment
        1. Heat Pumps
        2. Furnaces
        3. Boilers
        4. Unitary Heaters
      2. Cooling Equipment
        1. Unitary Air Conditioners
        2. VRF Systems
        3. Chillers
        4. Room Air Conditioner
        5. Coolers
        6. Cooling Towers
      3. Ventilation Equipment
        1. Air-Handling Units
        2. Air Filters
        3. Dehumidifiers
        4. Ventilation Fans
        5. Humidifiers
        6. Air Purifiers
    3. By Capacity (USD)
      1. Residential
        1. Up to 2 Tons
        2. 2 to 5 Tons
      2. Commercial
        1. Up to 10 Tons
        2. 10 to 25 Tons
        3. Above 25 Tons
      3. Industrial 
        1. 25 to 50 Tons
        2. 50 to 120 Tons
        3. Above 120 Tons
    4. By Application (USD)
      1. Residential
      2. Commercial
      3. Industrial
    5. By Country (USD)
      1. China
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      2. India
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      3. Japan
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      4. Southeast Asia
        1. By Application (USD)
          1. Residential
          2. Commercial
          3. Industrial
      5. Rest of Asia Pacific
  11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
    1. Johnson Controls, Inc.
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    2. Daikin Industries Ltd.
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    3. Carrier
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    4. Emerson Electric Co.  
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    5. Trane Technologies
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    6. Lennox International Inc.
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    7. Nortek Global HVAC LLC
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    8. Mitsubishi Electric Corporation
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    9. Samsung
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
    10. LG Electronics
      1. Overview
        1. Key Management
        2. Headquarters
        3. Offerings/Business Segments
      2. Key Details (Key details are consolidated data and not product/service specific)
        1. Employee Size
        2. Past and Current Revenue
        3. Geographical Share
        4. Business Segment Share
        5. Recent Developments
Read Less

Figure 1: Global Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 2: Global Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 3: Global Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 4: Global Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 5: Global Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Region, 2023 and 2032

Figure 6: North America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 7: North America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 8: North America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 9: North America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 10: North America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Country, 2023 and 2032

Figure 11: South America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 12: South America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 13: South America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 14: South America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 15: South America Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Country, 2023 and 2032

Figure 16: Europe Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 17: Europe Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 18: Europe Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 19: Europe Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 20: Europe Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Country, 2023 and 2032

Figure 21: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 22: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 23: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 24: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 25: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Country, 2023 and 2032

Figure 26: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), 2023 and 2032

Figure 27: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Product Type, 2023 and 2032

Figure 28: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application vs Capacity, 2023 and 2032

Figure 29: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Application, 2023 and 2032

Figure 30: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Revenue Share (%), By Country, 2023 and 2032

Figure 31: Global Heating, Ventilation, and Cooling (HVAC) System Market Key Players' Market Revenue Share(%), 2023

Table 1: Global Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 2: Global Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 3: Global Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 4: Global Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 5: Global Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Region, 2019 – 2032

Table 6: North America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 7: North America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 8: North America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 9: North America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 10: North America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 11: U.S. Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 12: Canada Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 13: Latin America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 14: Latin America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 15: Latin America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 16: Latin America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 17: Latin America Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 18: Brazil Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 19: Mexico Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 20: Europe Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 21: Europe Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 22: Europe Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 23: Europe Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 24: Europe Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 25: Germany Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 26: U.K. Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 27: France Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 28: Italy Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 29: Spain Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 30: Russia Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 31: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 32: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 33: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 34: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 35: Middle East & Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 36: GCC Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 37: South Africa Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 38: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, 2019 – 2032

Table 39: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Product Type, 2019 – 2032

Table 40: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application vs Capacity, 2019 – 2032

Table 41: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 42: Asia Pacific Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Country, 2019 – 2032

Table 43: China Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 44: Japan Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 45: India Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Table 46: Southeast Asia Heating, Ventilation, and Cooling (HVAC) System Market Size Estimates and Forecasts, By Application, 2019 – 2032

Heating-Ventilation-and-Cooling-HVAC-System-Market Size, Share and Global Industry Trend Forecast till Heating, Ventilation, and Cooling (HVAC) System Market Size, Share & Industry Analysis, By Application vs Capacity (Residential, Commercial, and Industrial), By Product Type (Heating Equipment, Cooling Equipment, and Ventilation Equipment), By Application (Commercial, Residential, and Industrial), and Regional Forecast, 2024 – 2032
  • 2019-2032
  • 2023
  • 2019-2022
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- One of the Largest Companies in the Defence Industry
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