Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market In Europe 2026-2030

Description

The heating, ventilation, and air conditioning (hvac) equipment market in europe is forecasted to grow by USD 12.8 bn during 2025-2030, accelerating at a CAGR of 6.0% during the forecast period. The report on the heating, ventilation, and air conditioning (hvac) equipment market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of district energy networks and industrial waste heat recovery, technological innovation and integration of smart systems, climate change mitigation and rising demand for cooling solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2026
End Year	2030
Series Year	2026-2030
Growth Momentum	Accelerate
YOY 2026	5.5%
CAGR	6%
Incremental Value	$12.8 bn

Technavio's heating, ventilation, and air conditioning (hvac) equipment market in europe is segmented as below:

By End-User

Non-residential
Residential

By Product

Air conditioning equipment
Heating equipment
Ventilation equipment

By Technology

Traditional HVAC
Smart HVAC
Sustainable HVAC

Geography

Europe
- Germany
- UK
- France
- Italy

This study identifies the paradigm shift toward natural and low-global warming potential refrigerants as one of the prime reasons driving the heating, ventilation, and air conditioning (hvac) equipment market in europe growth during the next few years. Also, integration of circular economy principles and material sustainability and strategic electrification and proliferation of hybrid heat pump technology will lead to sizable demand in the market.

The report on the heating, ventilation, and air conditioning (hvac) equipment market in europe covers the following areas:

Heating, ventilation, and air conditioning (hvac) equipment market in europe sizing
Heating, ventilation, and air conditioning (hvac) equipment market in europe forecast
Heating, ventilation, and air conditioning (hvac) equipment market in europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading heating, ventilation, and air conditioning (hvac) equipment market in europe vendors that include Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Honeywell International Inc., LG Electronics Inc., Mitsubishi Electric Corp., NIBE Industrier AB, OSTBERG GROUP AB, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Swegon Group AB, Systemair AB, Trane Technologies Plc, Vaillant Group, WOLF GmbH, Zehnder Group AG. Also, the heating, ventilation, and air conditioning (hvac) equipment market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70019

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030

3 Market Landscape

3.1 Market ecosystem
- Chart on Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Chart on Market characteristics analysis
3.3 Value chain analysis
- Chart on Value chain analysis

4 Market Sizing

4.1 Market definition
- Data Table on Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030
- Chart on Europe - Market size and forecast 2025-2030 ($ billion)
- Data Table on Regional - Market size and forecast 2025-2030 ($ billion)
- Chart on Europe: Year-over-year growth 2025-2030 (%)
- Data Table on Regional - Market size and forecast 2025-2030 ($ billion)

5 Historic Market Size

5.1 Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market in Europe 2020 - 2024
- Historic Market Size - Data Table on Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market in Europe 2020 - 2024 ($ billion)
5.2 End-user segment analysis 2020 - 2024
- Historic Market Size - End-user Segment 2020 - 2024 ($ billion)
5.3 Product segment analysis 2020 - 2024
- Historic Market Size - Product Segment 2020 - 2024 ($ billion)
5.4 Technology segment analysis 2020 - 2024
- Historic Market Size - Technology Segment 2020 - 2024 ($ billion)
5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ billion)

6 Qualitative Analysis

6.1 Impact of AI in Heating, Ventilation, and Air Conditioning (HVAC) Equipment Market in Europe

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
7.7 Market condition
- Chart on Market condition - Five forces 2025 and 2030

8 Market Segmentation by End-user

8.1 Market segments
- Chart on End-user - Market share 2025-2030 (%)
- Data Table on End-user - Market share 2025-2030 (%)
8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
8.3 Non-residential - Market size and forecast 2025-2030
- Chart on Non-residential - Market size and forecast 2025-2030 ($ billion)
- Data Table on Non-residential - Market size and forecast 2025-2030 ($ billion)
- Chart on Non-residential - Year-over-year growth 2025-2030 (%)
- Data Table on Non-residential - Year-over-year growth 2025-2030 (%)
8.4 Residential - Market size and forecast 2025-2030
- Chart on Residential - Market size and forecast 2025-2030 ($ billion)
- Data Table on Residential - Market size and forecast 2025-2030 ($ billion)
- Chart on Residential - Year-over-year growth 2025-2030 (%)
- Data Table on Residential - Year-over-year growth 2025-2030 (%)
8.5 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)

9 Market Segmentation by Product

9.1 Market segments
- Chart on Product - Market share 2025-2030 (%)
- Data Table on Product - Market share 2025-2030 (%)
9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
9.3 Air conditioning equipment - Market size and forecast 2025-2030
- Chart on Air conditioning equipment - Market size and forecast 2025-2030 ($ billion)
- Data Table on Air conditioning equipment - Market size and forecast 2025-2030 ($ billion)
- Chart on Air conditioning equipment - Year-over-year growth 2025-2030 (%)
- Data Table on Air conditioning equipment - Year-over-year growth 2025-2030 (%)
9.4 Heating equipment - Market size and forecast 2025-2030
- Chart on Heating equipment - Market size and forecast 2025-2030 ($ billion)
- Data Table on Heating equipment - Market size and forecast 2025-2030 ($ billion)
- Chart on Heating equipment - Year-over-year growth 2025-2030 (%)
- Data Table on Heating equipment - Year-over-year growth 2025-2030 (%)
9.5 Ventilation equipment - Market size and forecast 2025-2030
- Chart on Ventilation equipment - Market size and forecast 2025-2030 ($ billion)
- Data Table on Ventilation equipment - Market size and forecast 2025-2030 ($ billion)
- Chart on Ventilation equipment - Year-over-year growth 2025-2030 (%)
- Data Table on Ventilation equipment - Year-over-year growth 2025-2030 (%)
9.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

10 Market Segmentation by Technology

10.1 Market segments
- Chart on Technology - Market share 2025-2030 (%)
- Data Table on Technology - Market share 2025-2030 (%)
10.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
10.3 Traditional HVAC - Market size and forecast 2025-2030
- Chart on Traditional HVAC - Market size and forecast 2025-2030 ($ billion)
- Data Table on Traditional HVAC - Market size and forecast 2025-2030 ($ billion)
- Chart on Traditional HVAC - Year-over-year growth 2025-2030 (%)
- Data Table on Traditional HVAC - Year-over-year growth 2025-2030 (%)
10.4 Smart HVAC - Market size and forecast 2025-2030
- Chart on Smart HVAC - Market size and forecast 2025-2030 ($ billion)
- Data Table on Smart HVAC - Market size and forecast 2025-2030 ($ billion)
- Chart on Smart HVAC - Year-over-year growth 2025-2030 (%)
- Data Table on Smart HVAC - Year-over-year growth 2025-2030 (%)
10.5 Sustainable HVAC - Market size and forecast 2025-2030
- Chart on Sustainable HVAC - Market size and forecast 2025-2030 ($ billion)
- Data Table on Sustainable HVAC - Market size and forecast 2025-2030 ($ billion)
- Chart on Sustainable HVAC - Year-over-year growth 2025-2030 (%)
- Data Table on Sustainable HVAC - Year-over-year growth 2025-2030 (%)
10.6 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share by geography - 2025-2030 (%)
- Data Table on Market share by geography - 2025-2030 (%)
12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
12.3 Germany - Market size and forecast 2025-2030
12.4 UK - Market size and forecast 2025-2030
12.5 France - Market size and forecast 2025-2030
12.6 Italy - Market size and forecast 2025-2030
12.7 Rest of Europe - Market size and forecast 2025-2030
- Chart on Rest of Europe - Market size and forecast 2025-2030 ($ billion)
- Data Table on Rest of Europe - Market size and forecast 2025-2030 ($ billion)
- Chart on Rest of Europe - Year-over-year growth 2025-2030 (%)
- Data Table on Rest of Europe - Year-over-year growth 2025-2030 (%)
12.8 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Table on Market opportunity by geography ($ billion)

13 Drivers, Challenges, and Opportunity

13.1 Market drivers
- Expansion of district energy networks and industrial waste heat recovery
- Technological innovation and integration of smart systems
- Climate change mitigation and rising demand for cooling solutions
13.2 Market challenges
- Stringent environmental regulations and accelerated phase-down of fluorinated gases
- Persistent deficits in specialized skilled labor and technical expertise
- Economic volatility and high initial capital requirements for energy-efficient systems
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
13.4 Market opportunities
- Paradigm shift toward natural and low-global warming potential refrigerants
- Integration of circular economy principles and material sustainability
- Strategic electrification and proliferation of hybrid heat pump technology

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 Carrier Global Corp.
- Carrier Global Corp. - Overview
- Carrier Global Corp. - Business segments
- Carrier Global Corp. - Key news
- Carrier Global Corp. - Key offerings
- Carrier Global Corp. - Segment focus
- SWOT
15.5 Daikin Industries Ltd.
- Daikin Industries Ltd. - Overview
- Daikin Industries Ltd. - Business segments
- Daikin Industries Ltd. - Key news
- Daikin Industries Ltd. - Key offerings
- Daikin Industries Ltd. - Segment focus
- SWOT
15.6 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
- SWOT
15.7 Haier Smart Home Co. Ltd.
- Haier Smart Home Co. Ltd. - Overview
- Haier Smart Home Co. Ltd. - Business segments
- Haier Smart Home Co. Ltd. - Key offerings
- Haier Smart Home Co. Ltd. - Segment focus
- SWOT
15.8 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
- SWOT
15.9 LG Electronics Inc.
- LG Electronics Inc. - Overview
- LG Electronics Inc. - Product / Service
- LG Electronics Inc. - Key offerings
- SWOT
15.10 Mitsubishi Electric Corp.
- Mitsubishi Electric Corp. - Overview
- Mitsubishi Electric Corp. - Business segments
- Mitsubishi Electric Corp. - Key offerings
- Mitsubishi Electric Corp. - Segment focus
- SWOT
15.11 NIBE Industrier AB
- NIBE Industrier AB - Overview
- NIBE Industrier AB - Business segments
- NIBE Industrier AB - Key news
- NIBE Industrier AB - Key offerings
- NIBE Industrier AB - Segment focus
- SWOT
15.12 OSTBERG GROUP AB
- OSTBERG GROUP AB - Overview
- OSTBERG GROUP AB - Product / Service
- OSTBERG GROUP AB - Key offerings
- SWOT
15.13 Panasonic Holdings Corp.
- Panasonic Holdings Corp. - Overview
- Panasonic Holdings Corp. - Business segments
- Panasonic Holdings Corp. - Key news
- Panasonic Holdings Corp. - Key offerings
- Panasonic Holdings Corp. - Segment focus
- SWOT
15.14 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
- SWOT
15.15 Samsung Electronics Co. Ltd.
- Samsung Electronics Co. Ltd. - Overview
- Samsung Electronics Co. Ltd. - Business segments
- Samsung Electronics Co. Ltd. - Key news
- Samsung Electronics Co. Ltd. - Key offerings
- Samsung Electronics Co. Ltd. - Segment focus
- SWOT
15.16 Swegon Group AB
- Swegon Group AB - Overview
- Swegon Group AB - Product / Service
- Swegon Group AB - Key offerings
- SWOT
15.17 Systemair AB
- Systemair AB - Overview
- Systemair AB - Business segments
- Systemair AB - Key offerings
- Systemair AB - Segment focus
- SWOT
15.18 Trane Technologies Plc
- Trane Technologies Plc - Overview
- Trane Technologies Plc - Business segments
- Trane Technologies Plc - Key news
- Trane Technologies Plc - Key offerings
- Trane Technologies Plc - Segment focus
- SWOT

16 Appendix

16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations