HVAC Equipment Market (Equipment Type: Heating (Heat Pumps, Furnaces, Unitary Heaters, Boilers), Air Conditioning (Room Air Conditioners, Unitary Air Conditioners, Coolers and Others), Ventilation (Ventilation Fans/Air Pumps, Humidifier/Dehumidifiers); End-use Application: Residential, Commercial, Industrial) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022-2027
The global HVAC equipment market was valued at US $ 91.30 billion and is expected to reach US $ 205 billion by 2027, which will increase to 6% CAGR from 2022 to 2027.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
6
REPORT DESCRIPTION
Heating, Ventilation, and Air Conditioning (HVAC) equipment is an indoor and vehicular technology for environmental comfort. It is a sub-division of mechanical engineering involving thermodynamics, fluid mechanics, and heat transfer. Nowadays, HVAC equipment are essentially installed at large industrial and commercial infrastructures to regulate temperature and humidity. It then provides fresh outdoor air and eliminate contamination.
The global HVAC equipment market was valued at US $ 91.30 billion and is expected to reach US $ 205 billion by 2027, which will increase to 6% CAGR from 2022 to 2027.
The heating, ventilation, and air conditioning (HVAC) equipment market has further been segmented based on type such as heating (heat pumps, furnaces, unitary heaters and boilers), air conditioning (room air conditioners, unitary air conditioners and coolers and others) and ventilation (ventilation fans/air pumps and humidifiers/dehumidifiers. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
The heating, ventilation, and air conditioning (HVAC) equipment market has been segmented based on applications such as residential, commercial and industrial. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2022 to 2027. Each application has been further analyzed based on regional and country levels from 2022 to 2027 in terms of volume and revenue.
In terms of geography, the heating, ventilation, and air conditioning (HVAC) equipment market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as AB Electrolux, Daikin Industries. Ltd., Haier Inc., Lennox International Inc., LG Corporation, Panasonic Corporation, Samsung Electronics and United Technologies Corporation (Carrier).
SEGMENTATIONS IN REPORT:
Heating, Ventilation, And Air Conditioning (HVAC) Equipment By Types:
• Heating
o Heat Pumps
o Furnaces
o Unitary Heaters
o Boilers
• Air Conditioning
o Room Air Conditioners
o Unitary Air Conditioners
o Coolers and Others
• Ventilation
o Ventilation Fans/Air Pumps
o Humidifiers/Dehumidifiers
Heating, Ventilation, And Air Conditioning (HVAC) Equipment By Applications:
• Residential
• Commercial
IndustrialHeating, Ventilation, And Air Conditioning (HVAC) Equipment By Geography:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East And Africa
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SEGMENTATIONS IN REPORT:
Heating, Ventilation, And Air Conditioning (HVAC) Equipment By Types:
• Heating
o Heat Pumps
o Furnaces
o Unitary Heaters
o Boilers
• Air Conditioning
o Room Air Conditioners
o Unitary Air Conditioners
o Coolers and Others
• Ventilation
o Ventilation Fans/Air Pumps
o Humidifiers/Dehumidifiers
Heating, Ventilation, And Air Conditioning (HVAC) Equipment By Applications:
• Residential
• Commercial
IndustrialHeating, Ventilation, And Air Conditioning (HVAC) Equipment By Geography:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East And Africa
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