Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Grand View Research | PRODUCT CODE: 1888928

Cover Image

PUBLISHER: Grand View Research | PRODUCT CODE: 1888928

North America Commercial Split HVAC Systems Market Size, Share & Trends Analysis Report By Installation, By Equipment Type, By End Use, By Country, And Segment Forecasts, 2025 - 2033

PUBLISHED:
PAGES: 100 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Unprintable PDF & Excel (Single User License)
USD 5950
Printable PDF & Excel (5-User License)
USD 6950
Printable PDF & Excel (Enterprise License)
USD 8950

Add to Cart

North America Commercial Split HVAC Systems Market Summary

The North America commercial split HVAC systems market size was estimated at USD 2,998.7 million in 2024 and is projected to reach USD 6,487.6 million by 2033, growing at a CAGR of 8.7% from 2025 to 2033. The market is driven by rising commercial construction activity across offices, retail spaces, institutions, and hospitality facilities.

Businesses are increasingly prioritizing reliable cooling solutions to maintain occupant comfort and operational efficiency. Stricter building codes emphasizing energy-efficient HVAC adoption further support system upgrades.

Growing awareness of indoor air quality in workplaces is prompting companies to invest in modern HVAC solutions with improved filtration and ventilation capabilities. Advancements in inverter technology and variable-refrigerant designs are helping reduce electricity consumption, lowering long-term operating costs. The shift toward sustainable infrastructure is also encouraging the replacement of aging units with eco-friendly models. Together, these trends are accelerating market expansion across North America.

North America Commercial Split HVAC Systems Market Report Segmentation

This report forecasts revenue growth at North America and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the North America commercial split HVAC systems market report based on installation,equipment type, end use, and country:

  • Installation Outlook (Revenue, USD Million, 2021 - 2033)
  • New Construction
  • Retrofit/Replacement
  • Equipment Type Outlook (Revenue, USD Million, 2021 - 2033)
  • Air Conditioners
  • Heat Pump
  • Dehumidifiers
  • Others
  • End Use Outlook (Revenue, USD Million, 2021 - 2033)
  • Retail Shops
  • Offices
  • Healthcare Facilities
  • Hospitality
  • Schools & Educational Institutions
  • Laboratories
  • Data Centers
  • Others
  • Country Outlook (Revenue, USD Million, 2021 - 2033)
  • North America
    • U.S.
    • Canada
    • Mexico
Product Code: GVR-4-68040-814-7

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segment Snapshot
  • 2.3. Competitive Landscape Snapshot

Chapter 3. North America Commercial Split HVAC Systems Market Variables, Trends & Scope

  • 3.1. Market Concentration & Growth Prospect Mapping
  • 3.2. Industry Value Chain Analysis
    • 3.2.1. Raw Material/Component Outlook
    • 3.2.2. Manufacturer Outlook
    • 3.2.3. Distribution Outlook
    • 3.2.4. End Use Outlook
  • 3.3. Regulatory Framework
  • 3.4. Technology Overview
  • 3.5. Market Dynamics
    • 3.5.1. Market Driver Analysis
    • 3.5.2. Market Restraint Analysis
    • 3.5.3. Market Challenges Analysis
    • 3.5.4. Market Opportunity Analysis
  • 3.6. Economic Mega-Trend Analysis
  • 3.7. Industry Analysis Tools
    • 3.7.1. Porter's Five Forces Analysis
    • 3.7.2. Macro-environmental Analysis

Chapter 4. North America Commercial Split HVAC Systems Market: Installation Estimates & Trend Analysis

  • 4.1. Installation Movement Analysis & Market Share, 2024 & 2033
  • 4.2. North America Commercial Split HVAC Systems Market Estimates & Forecast, By Installation, 2021 to 2033 (USD Million)
  • 4.3. New Construction
    • 4.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 4.4. Retrofit/Replacement
    • 4.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 5. North America Commercial Split HVAC Systems Market: Equipment Type Estimates & Trend Analysis

  • 5.1. Equipment Type Movement Analysis & Market Share, 2024 & 2033
  • 5.2. North America Commercial Split HVAC Systems Market Estimates & Forecast, By Distribution Channel, 2021 to 2033 (USD Million)
  • 5.3. Air Conditioners
    • 5.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 5.4. Heat Pump
    • 5.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 5.5. Dehumidifiers
    • 5.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 5.6. Others
    • 5.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 6. North America Commercial Split HVAC Systems Market: End Use Estimates & Trend Analysis

  • 6.1. End Use Movement Analysis & Market Share, 2024 & 2033
  • 6.2. North America Commercial Split HVAC Systems Market Estimates & Forecast, By End Use, 2021 to 2033 (USD Million)
  • 6.3. Retail Shops
    • 6.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.4. Offices
    • 6.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.5. Healthcare Facilities
    • 6.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.6. Hospitality
    • 6.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.7. Schools & Educational Institutions
    • 6.7.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.8. Laboratories
    • 6.8.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.9. Data Centers
    • 6.9.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 6.10. Others
    • 6.10.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 7. North America Commercial Split HVAC Systems Market: Country Estimates & Trend Analysis

  • 7.1. Regional Movement Analysis & Market Share, 2024 & 2033
  • 7.2. North America
    • 7.2.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
    • 7.2.2. Market estimates & forecast, by installation, 2021 - 2033 (USD Million)
    • 7.2.3. Market estimates & forecast, by equipment type, 2021 - 2033 (USD Million)
    • 7.2.4. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
    • 7.2.5. U.S.
      • 7.2.5.1. Key country dynamics
      • 7.2.5.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
      • 7.2.5.3. Market estimates & forecast, by installation, 2021 - 2033 (USD Million)
      • 7.2.5.4. Market estimates & forecast, by equipment type, 2021 - 2033 (USD Million)
      • 7.2.5.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
    • 7.2.6. Canada
      • 7.2.6.1. Key country dynamics
      • 7.2.6.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
      • 7.2.6.3. Market estimates & forecast, by installation, 2021 - 2033 (USD Million)
      • 7.2.6.4. Market estimates & forecast, by equipment type, 2021 - 2033 (USD Million)
      • 7.2.6.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)
    • 7.2.7. Mexico
      • 7.2.7.1. Key country dynamics
      • 7.2.7.2. Market Estimates & Forecast, 2021 - 2033 (USD Million)
      • 7.2.7.3. Market estimates & forecast, by installation, 2021 - 2033 (USD Million)
      • 7.2.7.4. Market estimates & forecast, by equipment type, 2021 - 2033 (USD Million)
      • 7.2.7.5. Market estimates & forecast, by end use, 2021 - 2033 (USD Million)

Chapter 8. North America Commercial Split HVAC Systems Market - Competitive Landscape

  • 8.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 8.2. Company Categorization
  • 8.3. Company Dashboard Analysis
  • 8.4. Vendor Landscape
    • 8.4.1. List of Key Raw Material/Component Providers
    • 8.4.2. List of Key Manufacturers
    • 8.4.3. List of Key Distributors
  • 8.5. Company Market Share Analysis, 2024
  • 8.6. Company Positioning Analysis, 2024
  • 8.7. Company Heat Map Analysis, 2024
  • 8.8. Strategy Mapping
  • 8.9. Company Profiles
    • 8.9.1. Carrier
      • 8.9.1.1. Participant's overview
      • 8.9.1.2. Financial performance
      • 8.9.1.3. Product benchmarking
      • 8.9.1.4. Recent developments
    • 8.9.2. Johnson Controls
      • 8.9.2.1. Participant's overview
      • 8.9.2.2. Financial performance
      • 8.9.2.3. Product benchmarking
      • 8.9.2.4. Recent developments
    • 8.9.3. Trane
      • 8.9.3.1. Participant's overview
      • 8.9.3.2. Financial performance
      • 8.9.3.3. Product benchmarking
      • 8.9.3.4. Recent developments
    • 8.9.4. LG Electronics
      • 8.9.4.1. Participant's overview
      • 8.9.4.2. Financial performance
      • 8.9.4.3. Product benchmarking
      • 8.9.4.4. Recent developments
    • 8.9.5. Haier Group
      • 8.9.5.1. Participant's overview
      • 8.9.5.2. Financial performance
      • 8.9.5.3. Product benchmarking
      • 8.9.5.4. Recent developments
    • 8.9.6. Panasonic Corporation
      • 8.9.6.1. Participant's overview
      • 8.9.6.2. Financial performance
      • 8.9.6.3. Product benchmarking
      • 8.9.6.4. Recent developments
    • 8.9.7. AAON
      • 8.9.7.1. Participant's overview
      • 8.9.7.2. Financial performance
      • 8.9.7.3. Product benchmarking
      • 8.9.7.4. Recent developments
    • 8.9.8. Daikin
      • 8.9.8.1. Participant's overview
      • 8.9.8.2. Financial performance
      • 8.9.8.3. Product benchmarking
      • 8.9.8.4. Recent developments
    • 8.9.9. Samsung
      • 8.9.9.1. Participant's overview
      • 8.9.9.2. Financial performance
      • 8.9.9.3. Product benchmarking
      • 8.9.9.4. Recent developments
    • 8.9.10. Midea
      • 8.9.10.1. Participant's overview
      • 8.9.10.2. Financial performance
      • 8.9.10.3. Product benchmarking
      • 8.9.10.4. Recent developments
Product Code: GVR-4-68040-814-7

List of Tables

  • Table 1 North America commercial split HVAC systems market estimates and forecasts, 2021 - 2033 (USD Million)
  • Table 2 North America commercial split HVAC systems market estimates and forecasts, by installation, 2021 - 2033 (USD Million)
  • Table 3 North America commercial split HVAC systems market estimates and forecasts, by equipment type, 2021 - 2033 (USD Million)
  • Table 4 North America commercial split HVAC systems market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
  • Table 5 North America commercial split HVAC systems market estimates and forecasts, by region, 2021 - 2033 (USD Million)
  • Table 6 U.S. commercial split HVAC systems market estimates and forecasts, 2021 - 2033 (USD Million)
  • Table 7 U.S. commercial split HVAC systems market estimates and forecasts, by installation, 2021 - 2033 (USD Million)
  • Table 8 U.S. commercial split HVAC systems market estimates and forecasts, by equipment type, 2021 - 2033 (USD Million)
  • Table 9 U.S. commercial split HVAC systems market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
  • Table 10 Canada commercial split HVAC systems market estimates and forecasts, 2021 - 2033 (USD Million)
  • Table 11 Canada commercial split HVAC systems market estimates and forecasts, by installation, 2021 - 2033 (USD Million)
  • Table 12 Canada commercial split HVAC systems market estimates and forecasts, by equipment type, 2021 - 2033 (USD Million)
  • Table 13 Canada commercial split HVAC systems market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
  • Table 14 Mexico commercial split HVAC systems market estimates and forecasts, 2021 - 2033 (USD Million)
  • Table 15 Mexico commercial split HVAC systems market estimates and forecasts, by installation, 2021 - 2033 (USD Million)
  • Table 16 Mexico commercial split HVAC systems market estimates and forecasts, by equipment type, 2021 - 2033 (USD Million)
  • Table 17 Mexico commercial split HVAC systems market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
  • Table 18 Company Heat Map Analysis, 2024
  • Table 19 Strategy Mapping

List of Figures

  • Fig. 1 Market research process
  • Fig. 2 Data triangulation techniques
  • Fig. 3 Primary research pattern
  • Fig. 4 Market research approaches
  • Fig. 5 QFD modeling for market share assessment
  • Fig. 6 Information Procurement
  • Fig. 7 Market Formulation and Validation
  • Fig. 8 Data Validating & Publishing
  • Fig. 9 Market Segmentation & Scope
  • Fig. 10 North America Commercial Split HVAC Systems Market Snapshot
  • Fig. 11 Segment Snapshot
  • Fig. 12 Competitive Landscape Snapshot
  • Fig. 13 Parent market outlook
  • Fig. 14 North America Commercial Split HVAC Systems Market Value, 2024 (USD Million)
  • Fig. 15 North America Commercial Split HVAC Systems Market - Value Chain Analysis
  • Fig. 16 North America Commercial Split HVAC Systems Market - Market Dynamics
  • Fig. 17 North America Commercial Split HVAC Systems Market - PORTER's Analysis
  • Fig. 18 North America Commercial Split HVAC Systems Market - PESTEL Analysis
  • Fig. 19 North America Commercial Split HVAC Systems Market Estimates & Forecasts, By Installation: Key Takeaways
  • Fig. 20 North America Commercial Split HVAC Systems Market Share, By Installation, 2024 & 2033
  • Fig. 21 North America Commercial Split HVAC Systems Market Estimates and Forecast, By New Construction, 2021 - 2033 (USD Million)
  • Fig. 22 North America Commercial Split HVAC Systems Market Estimates and Forecast, By Retrofit/Replacement, 2021 - 2033 (USD Million)
  • Fig. 23 North America Commercial Split HVAC Systems Market Estimates & Forecasts, By Equipment Type: Key Takeaways
  • Fig. 24 North America Commercial Split HVAC Systems Market Share, By Equipment Type, 2024 & 2033
  • Fig. 25 North America Commercial Split HVAC Systems Market Estimates and Forecast, By Air Conditioners, 2021 - 2033 (USD Million)
  • Fig. 26 North America Commercial Split HVAC Systems Market Estimates and Forecast, By Heat Pump, 2021 - 2033 (USD Million)
  • Fig. 27 North America Commercial Split HVAC Systems Market Estimates and Forecast, By Dehumidifiers, 2021 - 2033 (USD Million)
  • Fig. 28 North America Commercial Split HVAC Systems Market Estimates and Forecast, By Others, 2021 - 2033 (USD Million)
  • Fig. 29 North America Commercial Split HVAC Systems Market Estimates & Forecasts, By End Use: Key Takeaways
  • Fig. 30 North America Commercial Split HVAC Systems Market Share, By End Use, 2024 & 2033
  • Fig. 31 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Retail Shops, 2021 - 2033 (USD Million)
  • Fig. 32 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Offices, 2021 - 2033 (USD Million)
  • Fig. 33 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Healthcare Facilities, 2021 - 2033 (USD Million)
  • Fig. 34 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Hospitality, 2021 - 2033 (USD Million)
  • Fig. 35 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Schools & Educational Institutions, 2021 - 2033 (USD Million)
  • Fig. 36 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Laboratories, 2021 - 2033 (USD Million)
  • Fig. 37 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Data Centers, 2021 - 2033 (USD Million)
  • Fig. 38 North America Commercial Split HVAC Systems Market Estimates and Forecast, In Others, 2021 - 2033 (USD Million)
  • Fig. 39 U.S. Commercial Split HVAC Systems Market Estimates & Forecasts, 2021 - 2033 (USD Million)
  • Fig. 40 Canada Commercial Split HVAC Systems Market Estimates & Forecasts, 2021 - 2033 (USD Million)
  • Fig. 41 Mexico Commercial Split HVAC Systems Market Estimates & Forecasts, 2021 - 2033 (USD Million)
  • Fig. 42 Key Company Categorization
  • Fig. 43 Company Market Positioning
  • Fig. 44 Key Company Market Share Analysis, 2024
  • Fig. 45 Strategy Mapping
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!