PUBLISHER: Freedonia Group | PRODUCT CODE: 1413729
PUBLISHER: Freedonia Group | PRODUCT CODE: 1413729
Global HVAC Equipment
Global demand for HVAC equipment is forecast to increase 4.0% annually to $160 billion in 2027, due to the rising demand for energy-efficient, smart, and hybrid systems that can reduce carbon emissions, operational costs, and improve indoor air quality across residential and nonresidential segments.
The report covers HVAC equipment demand by product and region. Demand, production, and net exports are given in US dollar terms.
HVAC applications covered in the study include:
- Room air conditioners
- Heat pumps
- Unitary air conditioners
- Central heating boilers
- Warm air furnaces
- Other types of HVAC equipment, such as chillers, humidifiers, and packaged terminal air conditioners
Markets for HVAC equipment products are:
- Residential
- Nonresidential
Demand is broken out for 19 countries in the following regions:
- North America
- Central and South America
- Western Europe
- Eastern Europe
- Asia/Pacific
- Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global HVAC equipment market, including key trends in products and regions. Historical data are provided for 2012, 2017, and 2022 for demand, production, and net exports, with forecasts for 2027 and 2032. Annual data for 2019-2026 are also provided. Historical market volatility is also addressed. Data are provided in US dollars. Also included is an analysis of key industry players and their global market shares.
Table of Contents
1. Executive Summary
2. Short-Term Analysis
Economic Forecast
Short-Term Construction Outlook
Short-Term HVAC Equipment Industry Trends
3. Overview
Study Scope
Historical Trends
Supply & Demand
Demand by Region
Shipments by Region
International Trade
Products Overview
Markets Overview
Pricing Patterns
4. Factors Impacting HVAC Equipment Demand
Global Building Construction Outlook
Technology & Product Innovation
Smart Technology
Sensor Technology
Dual Fuel Technology
Desiccant Technology
Regulations & Standards
Montreal Protocol & Kigali Amendments
Other Refrigerant Standards & Regulations
Energy Costs, Electrical Supply & the Renewable Energy Directive
Sustainability Initiatives
Alternative Refrigerants
Equipment Energy Efficiency
Integration of Renewable Energy
Other Factors
Climate & Weather
Cultural Preferences
Urbanization Trends
Building Construction & Design
5. Room Air Conditioners
Scope & Product Description
Demand by Region
Demand by Market
Unit Demand Trends
Key Suppliers
6. Heat Pumps
Scope & Product Description
Demand by Region
Demand by Market
Unit Demand Trends
Key Suppliers
7. Unitary Air Conditioners
Scope & Product Description
Demand by Region
Demand by Market
Unit Demand Trends
Key Suppliers
8. Central Heating Boilers
Scope & Product Description
Demand by Region
Demand by Market
Unit Demand Trends
Key Suppliers
9. Warm Air Furnaces
Scope & Product Description
Demand by Region
Demand by Market
Unit Demand Trends
Key Suppliers
10. Other HVAC Equipment (Chillers, Humidity Control, Zone Heating)
Scope & Product Description
Demand by Region
Demand by Market
Key Suppliers
11. Residential HVAC Equipment
Scope & Market Description
Residential Construction Outlook
Demand by Region
Demand by Product
Leading Suppliers
12. Nonresidential HVAC Equipment
Scope & Market Description
Nonresidential Construction Outlook
Demand by Region
Demand by Product
Leading Suppliers
13. North America
North America: HVAC Equipment Market Size & Historical Trends
North America: Supply & Demand
North America: Demand by Product & Market
North America: Unit Trends
North America: Market Share
United States
United States: HVAC Equipment Market Size & Historical Trends
United States: Supply & Demand
United States: Demand by Product & Market
United States: Unit Trends
Canada
Canada: HVAC Equipment Market Size & Historical Trends
Canada: Supply & Demand
Canada: Demand by Product & Market
Canada: Unit Trends
Mexico
Mexico: HVAC Equipment Market Size & Historical Trends
Mexico: Supply & Demand
Mexico: Demand by Product & Market
Mexico: Unit Trends
14. Central & South America
Central & South America: HVAC Equipment Market Size & Historical Trends
Central & South America: Supply & Demand
Central & South America: Demand by Product & Market
Central & South America: Unit Trends
Central & South America: Market Share
Brazil
Brazil: HVAC Equipment Market Size & Historical Trends
Brazil: Supply & Demand
Brazil: Demand by Product & Market
Brazil: Unit Trends
Other Central & South America
Other Central & South America: HVAC Equipment Market Size & Historical Trends
Other Central & South America: Supply & Demand
Other Central & South America: Demand by Product & Market
Other Central & South America: Unit Trends
15. Western Europe
Western Europe: HVAC Equipment Market Size & Historical Trends
Western Europe: Supply & Demand
Western Europe: Demand by Product & Market
Western Europe: Unit Trends
Western Europe: Market Share
Germany
Germany: HVAC Equipment Market Size & Historical Trends
Germany: Supply & Demand
Germany: Demand by Product & Market
Germany: Unit Trends
United Kingdom
United Kingdom: HVAC Equipment Market Size & Historical Trends
United Kingdom: Supply & Demand
United Kingdom: Demand by Product & Market
United Kingdom: Unit Trends
Italy
Italy: HVAC Equipment Market Size & Historical Trends
Italy: Supply & Demand
Italy: Demand by Product & Market
Italy: Unit Trends
France
France: HVAC Equipment Market Size & Historical Trends
France: Supply & Demand
France: Demand by Product & Market
France: Unit Trends
Spain
Spain: HVAC Equipment Market Size & Historical Trends
Spain: Supply & Demand
Spain: Demand by Product & Market
Spain: Unit Trends
Other Western Europe
Other Western Europe: HVAC Equipment Market Size & Historical Trends
Other Western Europe: Supply & Demand
Other Western Europe: Demand by Product & Market
Other Western Europe: Unit Trends
16. Eastern Europe
Eastern Europe: HVAC Equipment Market Size & Historical Trends
Eastern Europe: Supply & Demand
Eastern Europe: Demand by Product & Market
Eastern Europe: Unit Trends
Eastern Europe: Market Share
Russia
Russia: HVAC Equipment Market Size & Historical Trends
Russia: Supply & Demand
Russia: Demand by Product & Market
Russia: Unit Trends
Poland
Poland: HVAC Equipment Market Size & Historical Trends
Poland: Supply & Demand
Poland: Demand by Product & Market
Poland: Unit Trends
Other Eastern Europe
Other Eastern Europe: HVAC Equipment Market Size & Historical Trends
Other Eastern Europe: Supply & Demand
Other Eastern Europe: Demand by Product & Market
Other Eastern Europe: Unit Trends
17. Asia/Pacific
Asia/Pacific: HVAC Equipment Market Size & Historical Trends
Asia/Pacific: Supply & Demand
Asia/Pacific: Demand by Product & Market
Asia/Pacific: Unit Trends
Asia/Pacific: Market Share
China
China: HVAC Equipment Market Size & Historical Trends
China: Supply & Demand
China: Demand by Product & Market
China: Unit Trends
Japan
Japan: HVAC Equipment Market Size & Historical Trends
Japan: Supply & Demand
Japan: Demand by Product & Market
Japan: Unit Trends
India
India: HVAC Equipment Market Size & Historical Trends
India: Supply & Demand
India: Demand by Product & Market
India: Unit Trends
South Korea
South Korea: HVAC Equipment Market Size & Historical Trends
South Korea: Supply & Demand
South Korea: Demand by Product & Market
South Korea: Unit Trends
Australia
Australia: HVAC Equipment Market Size & Historical Trends
Australia: Supply & Demand
Australia: Demand by Product & Market
Australia: Unit Trends
Indonesia
Indonesia: HVAC Equipment Market Size & Historical Trends
Indonesia: Supply & Demand
Indonesia: Demand by Product & Market
Indonesia: Unit Trends
Other Asia/Pacific
Other Asia/Pacific: HVAC Equipment Market Size & Historical Trends
Other Asia/Pacific: Supply & Demand
Other Asia/Pacific: Demand by Product & Market
Other Asia/Pacific: Unit Trends
18. Africa/Mideast
Africa/Mideast: HVAC Equipment Market Size & Historical Trends
Africa/Mideast: Supply & Demand
Africa/Mideast: Demand by Product & Market
Africa/Mideast: Unit Trends
Africa/Mideast: Market Share
Saudi Arabia
Saudi Arabia: HVAC Equipment Market Size & Historical Trends
Saudi Arabia: Supply & Demand
Saudi Arabia: Demand by Product & Market
Saudi Arabia: Unit Trends
Turkey
Turkey: HVAC Equipment Market Size & Historical Trends
Turkey: Supply & Demand
Turkey: Demand by Product & Market
Turkey: Unit Trends
Other Africa/Mideast
Other Africa/Mideast: HVAC Equipment Market Size & Historical Trends
Other Africa/Mideast: Supply & Demand
Other Africa/Mideast: Demand by Product & Market
Other Africa/Mideast: Unit Trends
19. Industry Structure
Key Findings & Industry Composition
Market Share & Leading Suppliers
Mergers & Acquisitions
Marketing
Trade & Industry Associations
Distribution
List of Industry Participants
20. Appendix
Report Details
Definitions
Abbreviations
Freedonia Methodology
Study-Specific Methodology
Sources
Associations & Agencies
Related Studies & Reports
Country Lists by Region
Macroeconomic Assumptions
Global Economic Outlook
Global Population
Global Construction Outlook
Global Residential Building Construction Outlook
Global Nonresidential Building Construction Outlook
