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PUBLISHER: BIS Research | PRODUCT CODE: 1892741

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PUBLISHER: BIS Research | PRODUCT CODE: 1892741

Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market: Focus on Application, Product, and Country Analysis - Analysis and Forecast, 2025-2035

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Introduction to Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market

The Asia-Pacific heating, ventilation, air conditioning, and refrigeration (HVAC-R) market was valued at $247,596.8 million in 2024, and it is expected to grow at a CAGR of 5.47% and reach $450,803.1 million by 2035. The growing need for energy-efficient systems, the quick expansion of the construction industry, and the growing use of smart, sustainable technologies are all contributing factors to the HVAC-R market's steady rise in Asia. Deployment across sectors is being accelerated by government policies in major APAC economies that support clean energy integration and green construction. The region's HVAC-R market forecast is further strengthened through 2035 by ongoing developments in low-GWP refrigerants, intelligent control systems, and extensive retrofit projects for aging infrastructure.

KEY MARKET STATISTICS
Forecast Period2025 - 2035
2025 Evaluation$264,679.9 Million
2035 Forecast$450,803.1 Million
CAGR5.47%

Market Introduction

Rapid urbanization, increased construction activity, and growing demand for energy-efficient heating and cooling systems across residential, commercial, and industrial sectors are all contributing factors to the APAC HVAC-R market's robust pace. The need for cutting-edge HVAC-R systems is rising dramatically as economies like China, India, Japan, South Korea, and Southeast Asian countries expand their infrastructure. The region's market need is being further amplified by rising temperatures, changing lifestyles, and the growth of cold chain logistics.

The transition to high-performance systems, natural refrigerants, and intelligent, networked HVAC-R solutions is being accelerated by government initiatives that support energy efficiency, green building requirements, and low-emission technology. As building automation technologies, IoT-enabled controls, and predictive maintenance systems improve operational efficiency and lower lifespan costs, digitalization is changing the sector.

Furthermore, the region's robust manufacturing base is propelling ongoing innovation in intelligent chillers, low-GWP refrigerants, efficient compressors, and cutting-edge heat pump technologies. New opportunities for market expansion are being created by the emergence of smart cities, greater electrification, and the integration of HVAC-R systems with renewable energy sources like solar PV. APAC is emerging as one of the most significant global centers for the use of HVAC-R technology through 2035 thanks to expanding environmental objectives and significant infrastructure developments.

Market Segmentation:

Segmentation 1: by Application

  • Residential
  • Commercial
  • Industrial

Segmentation 2: by Product Type

  • Heating
    • Heat Pumps
    • Furnaces
    • Boilers
    • Others
  • Ventilation
    • Air Filters
    • Humidifiers
    • Air Purifiers
    • Fan Coil Unit (FCO)
    • Air Handling Unit (AHU)
    • Others
  • Air Conditioning
    • Window Air Conditioning
    • Portable Air Conditioning
    • Mini-Split Air Conditioning
    • Packaged Air Conditioning
    • Chillers
    • Variable Refrigerant Flow (VRF) System
    • Others
  • Refrigeration
    • Freezers and Refrigerators
    • Commercial Refrigerators
    • Refrigerated Transport
  • Refrigeration Market (by System Component)
    • Compressor
    • Condensor
    • Expansion Value
    • Evaporators
    • Others

Segmentation 3: by System Integration

  • Standalone Systems
  • Integrated Systems
  • Modular Systems

Segmentation 4: by Region

  • Asia-Pacific: China, Japan, India, Australia, Singapore, South Korea, Malaysia, Thailand, and Rest-of-Asia-Pacific

APAC HVAC-R Market Trends, Drivers and Challenges

Market Trends

  • Growing adoption of energy-efficient HVAC-R systems driven by urbanization and rising cooling demand.
  • Rapid uptake of smart, IoT-enabled air conditioning and refrigeration solutions across commercial and residential segments.
  • Strong shift toward low-GWP and natural refrigerants in response to sustainability goals.
  • Expansion of cold chain infrastructure supporting food, pharmaceuticals, and e-commerce logistics.
  • Increasing integration of HVAC-R systems with renewable energy sources such as solar PV.
  • Growing investments in green buildings and smart city developments across APAC

Market Drivers

  • Large-scale construction growth in China, India, Southeast Asia, and Australia boosting new HVAC-R installations.
  • Government incentives and energy-efficiency regulations encouraging adoption of high-performance systems.
  • Rising temperatures and changing climate patterns driving higher cooling loads.
  • Strong industrial and commercial expansion increasing demand for advanced refrigeration and ventilation solutions.
  • Technological advancements in inverters, compressors, and intelligent building controls.
  • Expanding manufacturing base enabling cost-effective production and faster innovation cycles.

Key Market Challenges

  • High initial cost of advanced HVAC-R systems limiting adoption in price-sensitive markets.
  • Skill shortages for installation and maintenance of low-GWP and high-efficiency technologies.
  • Variability in regulatory standards across APAC markets creating compliance complexity.
  • Energy supply constraints in certain regions impacting large-scale HVAC-R deployment.
  • Supply chain disruptions affecting key components such as semiconductors, compressors, and electronic controls.
  • Need for extensive retrofits in ageing infrastructure, increasing project time and cost.

How can this report add value to an organization?

Product/Innovation Strategy: In the APAC heating, ventilation, air conditioning, and refrigeration (HVAC-R) market, companies are focusing on product innovation and technological advancements to stay ahead in a rapidly evolving industry. Energy efficiency and sustainability are central to these strategies, with key innovations revolving around eco-friendly refrigerants, smart heating, ventilation, air conditioning, and refrigeration systems, and Internet of Things-enabled solutions that offer real-time monitoring and predictive maintenance. Companies are investing in the development of energy-efficient compressors, advanced air filtration systems, and modular cooling and heating units that can be easily integrated into diverse applications, from residential to industrial settings. The use of low-global-warming-potential refrigerants is being promoted to minimize the environmental impact of heating, ventilation, air conditioning, and refrigeration systems. Manufacturers are also focusing on the digitalization of heating, ventilation, air conditioning, and refrigeration systems, which allows for enhanced performance optimization and energy management through artificial intelligence-driven analytics and automation. Strategic partnerships with technology providers are facilitating the creation of flexible, scalable, and interoperable heating, ventilation, air conditioning, and refrigeration solutions that cater to both new construction and retrofit projects, driving the adoption of these innovations in the market.

Growth/Marketing Strategy: The APAC heating, ventilation, air conditioning, and refrigeration market presents significant opportunities for growth through strategic marketing and business expansion. Key strategies for growth include market diversification, regional expansion, and new product launches targeted at sustainability and energy efficiency. Leading players are increasing their global footprint by expanding into emerging markets where urbanization and industrialization are driving demand for heating, ventilation, air conditioning, and refrigeration solutions. Companies are also increasing focus on smart heating, ventilation, air conditioning, and refrigeration products, aligning with the growing consumer demand for intelligent home technologies and green buildings. Mergers and acquisitions are playing a key role in market consolidation, enabling companies to enhance their technological capabilities and diversify their product portfolios. Moreover, strategic collaborations with research institutions, government bodies, and construction companies are helping businesses leverage regulatory incentives and push toward net-zero goals, providing significant leverage in the growing market for energy-efficient solutions. As the market continues to prioritize sustainability and energy performance, companies adopting these strategies are well-positioned to lead the industry in the coming years.

Competitive Strategy: In the APAC heating, ventilation, air conditioning, and refrigeration market, companies are leveraging innovation and strategic alliances to enhance their competitive position. Leading players are focusing on technological differentiation and sustainability initiatives to gain a competitive edge. The adoption of green technologies, such as low-global-warming-potential refrigerants and energy-efficient systems, is becoming a critical factor in market success. Strategic partnerships between heating, ventilation, air conditioning, and refrigeration manufacturers, construction firms, and technology providers are enabling the development of integrated heating, ventilation, air conditioning, and refrigeration systems that meet the evolving needs of smart buildings, from residential to commercial sectors. Companies are also expanding their offerings to include services such as maintenance contracts, installation services, and real-time diagnostics, which not only enhance customer loyalty but also ensure long-term revenue streams. Moreover, the focus on product quality, after-sales services, and customer education is helping companies to differentiate themselves from competitors in an increasingly crowded market. As companies continue to prioritize energy efficiency and environmental compliance, their ability to innovate while maintaining operational excellence will be key to achieving success in the competitive landscape.

Key Market Players and Competition Synopsis

The companies that are profiled in the Asia-Pacific heating, ventilation, air conditioning, and refrigeration (HVAC-R) market have been selected based on inputs gathered from primary experts, who have analyzed company coverage, product portfolio, and market penetration.

Some of the prominent names in the market are:

  • DAIKIN INDUSTRIES, Ltd.
  • Hitachi, Ltd.
  • LG Electronics
  • Samsung Electronics Co., Ltd.
  • Dyson Ltd.
  • Fujitsu General Limited
  • Blue Star Limited
  • Voltas Limited (TATA Group)
Product Code: MSB3488SS

Table of Contents

Executive Summary

Scope and Definition

1 Market: Industry Outlook

  • 1.1 Trends: Current and Future Impact Assessment
    • 1.1.1 Growing Emphasis on Internet of Things (IoT) Enabling HVAC-R Systems
    • 1.1.2 Integration of Radiant Heating and Cooling Systems
    • 1.1.3 Advances in Indoor Air Quality, Health & Wellness Technologies
    • 1.1.4 Climate Adaptation & Extreme Weather Resilience
  • 1.2 Stakeholder Analysis
    • 1.2.1 End User Buying Criteria
  • 1.3 Market Dynamics
    • 1.3.1 Market Drivers
      • 1.3.1.1 Surging Construction Activities around the World
      • 1.3.1.2 Climate Change due to Greenhouse Effect
      • 1.3.1.3 Smart Technologies in HVAC-R Products
      • 1.3.1.4 Regulatory Incentives & Subsidies for Green Buildings
    • 1.3.2 Market Challenges
      • 1.3.2.1 Evolving Regulatory Landscape
      • 1.3.2.2 Utilization of Harmful Refrigerants Constraining the Uptake of HVAC-R Products
      • 1.3.2.3 High Upfront Costs and Installation / Maintenance Complexity
    • 1.3.3 Market Opportunities
      • 1.3.3.1 Investment in Sustainable and Energy-Efficient HVAC-R Products
      • 1.3.3.2 Growing Adoption of Renewable Sources of Energy
      • 1.3.3.3 Retrofit and Replacement Demand in Aging Infrastructure
  • 1.4 Regulatory and Policy Impact Analysis
    • 1.4.1 Building Energy Codes and Standards
      • 1.4.1.1 Overview
      • 1.4.1.2 Impact on the HVAC-R Market
    • 1.4.2 Incentives, Subsidies & Tax Policies
      • 1.4.2.1 Appliance Trade-In Subsidy Program (China)
    • 1.4.3 Phase-down of High-GWP Refrigerants
  • 1.5 Patent Analysis
    • 1.5.1 Patent Filing Trend (by Country and Company)
  • 1.6 Investment Landscape and R&D Trends
  • 1.7 Supply Chain Analysis
    • 1.7.1 Value Chain Analysis
    • 1.7.2 Pricing Analysis
  • 1.8 Product Lifecycle and Replacement Rates
    • 1.8.1 Average Lifespan of HVAC-R Systems
      • 1.8.1.1 Factors Affecting Lifespan of HVAC-R Systems
    • 1.8.2 Average Time to Replacement for HVAC-R Systems
      • 1.8.2.1 Replacement Drivers
      • 1.8.2.2 Economic Analysis
      • 1.8.2.3 Market Implications
      • 1.8.2.4 Future Trends
  • 1.9 Distribution Channel Analysis
  • 1.1 Industry Attractiveness

2 Region

  • 2.1 Regional Summary
  • 2.2 Asia-Pacific
    • 2.2.1 Regional Overview
    • 2.2.2 Driving Factors for Market Growth
    • 2.2.3 Factors Challenging the Market
    • 2.2.4 Analyst view
    • 2.2.5 Market by Application
    • 2.2.6 Market by Product
    • 2.2.7 Asia-Pacific (by Country)
      • 2.2.7.1 China
        • 2.2.7.1.1 Market by Application
        • 2.2.7.1.2 Market by Product
      • 2.2.7.2 Japan
        • 2.2.7.2.1 Market by Application
        • 2.2.7.2.2 Market by Product
      • 2.2.7.3 India
        • 2.2.7.3.1 Market by Application
        • 2.2.7.3.2 Market by Product
      • 2.2.7.4 Australia
        • 2.2.7.4.1 Market by Application
        • 2.2.7.4.2 Market by Product
      • 2.2.7.5 Singapore
        • 2.2.7.5.1 Market by Application
        • 2.2.7.5.2 Market by Product
      • 2.2.7.6 South Korea
        • 2.2.7.6.1 Market by Application
        • 2.2.7.6.2 Market by Product
      • 2.2.7.7 Malaysia
        • 2.2.7.7.1 Market by Application
        • 2.2.7.7.2 Market by Product
      • 2.2.7.8 Thailand
        • 2.2.7.8.1 Market by Application
        • 2.2.7.8.2 Market by Product
      • 2.2.7.9 Rest-of-Asia-Pacific
        • 2.2.7.9.1 Market by Application
        • 2.2.7.9.2 Market by Product

3 Markets - Competitive Benchmarking & Company Profiles

  • 3.1 Next Frontiers
  • 3.2 Geographic Assessment
  • 3.3 Company Profiles
    • 3.3.1 DAIKIN INDUSTRIES, Ltd.
      • 3.3.1.1 Overview
      • 3.3.1.2 Top Products/Product Portfolio
      • 3.3.1.3 Top Competitors
      • 3.3.1.4 Target Customers
      • 3.3.1.5 Key Personnel
      • 3.3.1.6 Analyst View
      • 3.3.1.7 Market Share, 2024
    • 3.3.2 Hitachi, Ltd.
      • 3.3.2.1 Overview
      • 3.3.2.2 Top Products/Product Portfolio
      • 3.3.2.3 Top Competitors
      • 3.3.2.4 Target Customers
      • 3.3.2.5 Key Personnel
      • 3.3.2.6 Analyst View
      • 3.3.2.7 Market Share, 2024
    • 3.3.3 LG Electronics
      • 3.3.3.1 Overview
      • 3.3.3.2 Top Products/Product Portfolio
      • 3.3.3.3 Top Competitors
      • 3.3.3.4 Target Customers
      • 3.3.3.5 Key Personnel
      • 3.3.3.6 Analyst View
      • 3.3.3.7 Market Share, 2024
    • 3.3.4 Samsung Electronics Co., Ltd
      • 3.3.4.1 Overview
      • 3.3.4.2 Top Products/Product Portfolio
      • 3.3.4.3 Top Competitors
      • 3.3.4.4 Target Customers
      • 3.3.4.5 Key Personnel
      • 3.3.4.6 Analyst View
      • 3.3.4.7 Market Share, 2024
    • 3.3.5 Dyson Ltd.
      • 3.3.5.1 Overview
      • 3.3.5.2 Top Products/Product Portfolio
      • 3.3.5.3 Top Competitors
      • 3.3.5.4 Target Customers
      • 3.3.5.5 Key Personnel
      • 3.3.5.6 Analyst View
      • 3.3.5.7 Market Share, 2024
    • 3.3.6 Fujitsu General Limited
      • 3.3.6.1 Overview
      • 3.3.6.2 Top Products/Product Portfolio
      • 3.3.6.3 Top Competitors
      • 3.3.6.4 Target Customers
      • 3.3.6.5 Key Personnel
      • 3.3.6.6 Analyst View
      • 3.3.6.7 Market Share, 2024
    • 3.3.7 Blue Star Limited
      • 3.3.7.1 Overview
      • 3.3.7.2 Top Products/Product Portfolio
      • 3.3.7.3 Top Competitors
      • 3.3.7.4 Target Customers
      • 3.3.7.5 Key Personnel
      • 3.3.7.6 Analyst View
      • 3.3.7.7 Market Share, 2024
    • 3.3.8 Voltas Limited (TATA Group)
      • 3.3.8.1 Overview
      • 3.3.8.2 Top Products/Product Portfolio
      • 3.3.8.3 Top Competitors
      • 3.3.8.4 Target Customers
      • 3.3.8.5 Key Personnel
      • 3.3.8.6 Analyst View
      • 3.3.8.7 Market Share, 2024

4 Research Methodology

  • 4.1 Data Sources
    • 4.1.1 Primary Data Sources
    • 4.1.2 Secondary Data Sources
    • 4.1.3 Data Triangulation
  • 4.2 Market Estimation and Forecast
Product Code: MSB3488SS

List of Figures

  • Figure 1: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Scenario), $Million, 2025, 2030, and 2035
  • Figure 2: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, 2024 and 2035
  • Figure 3: Market Snapshot, 2024
  • Figure 4: Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024 and 2035
  • Figure 5: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024, 2030, and 2035
  • Figure 6: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024, 2030, and 2035
  • Figure 7: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024, 2030, and 2035
  • Figure 8: End User Buying Criteria for HVAC-R Market
  • Figure 9: Land-Ocean Temperature Index, 2000-2024, Degree Celsius
  • Figure 10: Patent Analysis (by Year and Country), January 2022-September 2025
  • Figure 11: Patent Analysis (by Year and Company), January 2022-September 2025
  • Figure 12: HVAC-R Value Chain Analysis
  • Figure 13: Pricing Analysis of HVAC-R Systems, $ per Unit, 2024-2035
  • Figure 14: Porter's Five Forces Analysis
  • Figure 15: China Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 16: Japan Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 17: India Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 18: Australia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 19: Singapore Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 20: South Korea Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 21: Malaysia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 22: Thailand Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 23: Rest-of-Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market, $Million, 2024-2035
  • Figure 24: Geographic Assessment
  • Figure 25: Data Triangulation
  • Figure 26: Top-Down and Bottom-Up Approach
  • Figure 27: Assumptions and Limitations

List of Tables

  • Table 1: Market Snapshot
  • Table 2: Trends: Current and Future Impact Assessment
  • Table 3: Drivers, Challenges, and Opportunities, 2025-2035
  • Table 4: Smart Technologies Used by Leading HVAC-R Companies
  • Table 5: Countries and their Building Energy Codes
  • Table 6: Countries and their Key Policies to Regulate High-GWP Refrigerants
  • Table 7: Leading Companies and their Recent Investments
  • Table 8: HVAC-R Products and their Average Lifespan (in Years)
  • Table 9: Refrigeration System Components and their Average Lifespan (in Years)
  • Table 10: Distribution Channel Analysis for HVAC-R Systems
  • Table 11: Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Region), Thousand Units, 2024-2035
  • Table 12: Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Region), $Million, 2024-2035
  • Table 13: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 14: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 15: Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 16: Asia-Pacific Heating Market (by Product Type), $Million, 2024-2035
  • Table 17: Asia-Pacific Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 18: Asia-Pacific Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 19: Asia-Pacific Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 20: Asia-Pacific Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 21: Asia-Pacific Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 22: Asia-Pacific Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 23: Asia-Pacific Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 24: Asia-Pacific Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 25: Asia-Pacific Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 26: Asia-Pacific Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 27: Asia-Pacific Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 28: Asia-Pacific Chillers Market (by Capacity), $Million, 2024-2035
  • Table 29: Asia-Pacific Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 30: Asia-Pacific Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 31: China Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 32: China Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 33: China Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 34: China Heating Market (by Product Type), $Million, 2024-2035
  • Table 35: China Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 36: China Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 37: China Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 38: China Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 39: China Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 40: China Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 41: China Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 42: China Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 43: China Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 44: China Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 45: China Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 46: China Chillers Market (by Capacity), $Million, 2024-2035
  • Table 47: China Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 48: China Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 49: Japan Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 50: Japan Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 51: Japan Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 52: Japan Heating Market (by Product Type), $Million, 2024-2035
  • Table 53: Japan Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 54: Japan Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 55: Japan Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 56: Japan Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 57: Japan Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 58: Japan Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 59: Japan Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 60: Japan Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 61: Japan Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 62: Japan Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 63: Japan Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 64: Japan Chillers Market (by Capacity), $Million, 2024-2035
  • Table 65: Japan Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 66: Japan Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 67: India Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 68: India Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 69: India Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 70: India Heating Market (by Product Type), $Million, 2024-2035
  • Table 71: India Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 72: India Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 73: India Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 74: India Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 75: India Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 76: India Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 77: India Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 78: India Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 79: India Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 80: India Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 81: India Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 82: India Chillers Market (by Capacity), $Million, 2024-2035
  • Table 83: India Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 84: India Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 85: Australia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 86: Australia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 87: Australia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 88: Australia Heating Market (by Product Type), $Million, 2024-2035
  • Table 89: Australia Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 90: Australia Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 91: Australia Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 92: Australia Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 93: Australia Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 94: Australia Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 95: Australia Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 96: Australia Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 97: Australia Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 98: Australia Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 99: Australia Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 100: Australia Chillers Market (by Capacity), $Million, 2024-2035
  • Table 101: Australia Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 102: Australia Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 103: Singapore Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 104: Singapore Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 105: Singapore Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 106: Singapore Heating Market (by Product Type), $Million, 2024-2035
  • Table 107: Singapore Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 108: Singapore Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 109: Singapore Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 110: Singapore Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 111: Singapore Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 112: Singapore Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 113: Singapore Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 114: Singapore Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 115: Singapore Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 116: Singapore Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 117: Singapore Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 118: Singapore Chillers Market (by Capacity), $Million, 2024-2035
  • Table 119: Singapore Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 120: Singapore Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 121: South Korea Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 122: South Korea Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 123: South Korea Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 124: South Korea Heating Market (by Product Type), $Million, 2024-2035
  • Table 125: South Korea Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 126: South Korea Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 127: South Korea Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 128: South Korea Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 129: South Korea Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 130: South Korea Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 131: South Korea Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 132: South Korea Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 133: South Korea Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 134: South Korea Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 135: South Korea Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 136: South Korea Chillers Market (by Capacity), $Million, 2024-2035
  • Table 137: South Korea Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 138: South Korea Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 139: Malaysia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 140: Malaysia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 141: Malaysia Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 142: Malaysia Heating Market (by Product Type), $Million, 2024-2035
  • Table 143: Malaysia Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 144: Malaysia Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 145: Malaysia Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 146: Malaysia Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 147: Malaysia Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 148: Malaysia Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 149: Malaysia Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 150: Malaysia Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 151: Malaysia Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 152: Malaysia Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 153: Malaysia Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 154: Malaysia Chillers Market (by Capacity), $Million, 2024-2035
  • Table 155: Malaysia Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 156: Malaysia Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 157: Thailand Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 158: Thailand Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 159: Thailand Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 160: Thailand Heating Market (by Product Type), $Million, 2024-2035
  • Table 161: Thailand Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 162: Thailand Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 163: Thailand Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 164: Thailand Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 165: Thailand Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 166: Thailand Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 167: Thailand Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 168: Thailand Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 169: Thailand Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 170: Thailand Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 171: Thailand Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 172: Thailand Chillers Market (by Capacity), $Million, 2024-2035
  • Table 173: Thailand Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 174: Thailand Refrigeration Market (by Product Type), $Million, 2024-2035
  • Table 175: Rest-of-Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Application), $Million, 2024-2035
  • Table 176: Rest-of-Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by Product Type), $Million, 2024-2035
  • Table 177: Rest-of-Asia-Pacific Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) Market (by System Integration), $Million, 2024-2035
  • Table 178: Rest-of-Asia-Pacific Heating Market (by Product Type), $Million, 2024-2035
  • Table 179: Rest-of-Asia-Pacific Ventilation Market (by Product Type), $Million, 2024-2035
  • Table 180: Rest-of-Asia-Pacific Air Conditioning Market (by Product Type), $Million, 2024-2035
  • Table 181: Rest-of-Asia-Pacific Window and Portable Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 182: Rest-of-Asia-Pacific Mini Split Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 183: Rest-of-Asia-Pacific Mini Split Ductless Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 184: Rest-of-Asia-Pacific Mini Split Ductless Air Conditioners (<5KW) Market (by Product Type), $Million, 2024-2035
  • Table 185: Rest-of-Asia-Pacific Mini Split Ductless Air Conditioners (>5KW) Market (by Product Type), $Million, 2024-2035
  • Table 186: Rest-of-Asia-Pacific Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 187: Rest-of-Asia-Pacific Mini Split Ducted Air Conditioners Market (by Product Type), $Million, 2024-2035
  • Table 188: Rest-of-Asia-Pacific Chillers Market (by Technology Type), $Million, 2024-2035
  • Table 189: Rest-of-Asia-Pacific Chillers Market (by Cooling Type), $Million, 2024-2035
  • Table 190: Rest-of-Asia-Pacific Chillers Market (by Capacity), $Million, 2024-2035
  • Table 191: Rest-of-Asia-Pacific Refrigeration Market (by System Components), $Million, 2024-2035
  • Table 192: Rest-of-Asia-Pacific Refrigeration Market (by Product Type), $Million, 2024-2035
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