Global Heating, Ventilation And Air Conditioning (HVAC) Aftermarket Market 2026-2030

Description

The global heating, ventilation and air conditioning (HVAC) aftermarket market is forecasted to grow by USD 49509.7 mn during 2025-2030, accelerating at a CAGR of 9.1% during the forecast period. The report on the global heating, ventilation and air conditioning (HVAC) aftermarket market 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 rising environmental regulations and decarbonization mandates, integration of smart technology and demand for predictive maintenance, growing emphasis on indoor air quality and occupant wellness.

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	8.2%
CAGR	9.1%
Incremental Value	$49509.7 mn

Technavio's global heating, ventilation and air conditioning (HVAC) aftermarket market is segmented as below:

By Product

Air conditioning equipment
Heating equipment
Ventilation equipment

By End-User

Non-residential
Residential

By Service

Maintenance services
Repair services
Installation services
Retrofit and upgrade services
Inspection and testing

Geography

APAC
- China
- Japan
- India
- South Korea
- Indonesia
- Australia
North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
South America
- Brazil
- Argentina
- Chile
Middle East and Africa
- UAE
- South Africa
- Egypt
Rest of World (ROW)

This study identifies the emergence of circular economy principles and remanufacturing as one of the prime reasons driving the global heating, ventilation and air conditioning (HVAC) aftermarket market growth during the next few years. Also, proliferation of subscription-based service models and hyper-focus on electrification and legacy system integration will lead to sizable demand in the market.

The report on the global heating, ventilation and air conditioning (HVAC) aftermarket market covers the following areas:

Global heating, ventilation and air conditioning (HVAC) aftermarket market sizing
Global heating, ventilation and air conditioning (HVAC) aftermarket market forecast
Global heating, ventilation and air conditioning (HVAC) aftermarket market 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 global heating, ventilation and air conditioning (HVAC) aftermarket market vendors that include Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Electrolux Professional AB, Emerson Electric Co., Fujitsu Ltd., Gree Electric Appliances Inc., Haier Smart Home Co. Ltd., Hitachi Ltd., Johnson Controls International, Lennox International Inc., LG Electronics Inc., Midea Group Co. Ltd., Nortek Air Solutions LLC, Parker Hannifin Corp., Samsung Electronics Co. Ltd., Siemens AG, Swegon Group AB, Trane Technologies plc, Vaillant Group. Also, the global heating, ventilation and air conditioning (HVAC) aftermarket market 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: IRTNTR40113

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Service
- 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
2.3 Factors of disruption
2.4 Impact of drivers and challenges

3 Market Landscape

3.1 Market ecosystem
3.2 Market characteristics
3.3 Value chain analysis

4 Market Sizing

4.1 Market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030

5 Historic Market Size

5.1 Global Heating, Ventilation And Air Conditioning (HVAC) Aftermarket Market 2020 - 2024
- Historic Market Size - Data Table on Global Heating, Ventilation And Air Conditioning (HVAC) Aftermarket Market 2020 - 2024 ($ million)
5.2 Product segment analysis 2020 - 2024
- Historic Market Size - Product Segment 2020 - 2024 ($ million)
5.3 End-user segment analysis 2020 - 2024
- Historic Market Size - End-user Segment 2020 - 2024 ($ million)
5.4 Service segment analysis 2020 - 2024
- Historic Market Size - Service Segment 2020 - 2024 ($ million)
5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on Global Heating, Ventilation and Air Conditioning (HVAC) Aftermarket Market
6.2 Impact of geopolitical conflict on Global Heating, Ventilation and Air Conditioning (HVAC) Aftermarket Market

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

8 Market Segmentation by Product

8.1 Market segments
8.2 Comparison by Product
8.3 Air conditioning equipment - Market size and forecast 2025-2030
8.4 Heating equipment - Market size and forecast 2025-2030
8.5 Ventilation equipment - Market size and forecast 2025-2030
8.6 Market opportunity by Product
- Market opportunity by Product ($ million)

9 Market Segmentation by End-user

9.1 Market segments
9.2 Comparison by End-user
9.3 Non-residential - Market size and forecast 2025-2030
9.4 Residential - Market size and forecast 2025-2030
9.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)

10 Market Segmentation by Service

10.1 Market segments
10.2 Comparison by Service
10.3 Maintenance services - Market size and forecast 2025-2030
10.4 Repair services - Market size and forecast 2025-2030
10.5 Installation services - Market size and forecast 2025-2030
10.6 Retrofit and upgrade services - Market size and forecast 2025-2030
10.7 Inspection and testing - Market size and forecast 2025-2030
10.8 Market opportunity by Service
- Market opportunity by Service ($ million)

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
12.2 Geographic comparison
12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 Japan - Market size and forecast 2025-2030
- 12.3.3 India - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Indonesia - Market size and forecast 2025-2030
- 12.3.6 Australia - Market size and forecast 2025-2030
12.4 North America - Market size and forecast 2025-2030
- 12.4.1 US - Market size and forecast 2025-2030
- 12.4.2 Canada - Market size and forecast 2025-2030
- 12.4.3 Mexico - Market size and forecast 2025-2030
12.5 Europe - Market size and forecast 2025-2030
- 12.5.1 Germany - Market size and forecast 2025-2030
- 12.5.2 UK - Market size and forecast 2025-2030
- 12.5.3 France - Market size and forecast 2025-2030
- 12.5.4 Italy - Market size and forecast 2025-2030
- 12.5.5 Spain - Market size and forecast 2025-2030
- 12.5.6 The Netherlands - Market size and forecast 2025-2030
12.6 South America - Market size and forecast 2025-2030
- 12.6.1 Brazil - Market size and forecast 2025-2030
- 12.6.2 Argentina - Market size and forecast 2025-2030
- 12.6.3 Chile - Market size and forecast 2025-2030
12.7 Middle East and Africa - Market size and forecast 2025-2030
- 12.7.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.7.2 UAE - Market size and forecast 2025-2030
- 12.7.3 South Africa - Market size and forecast 2025-2030
- 12.7.4 Egypt - Market size and forecast 2025-2030
- 12.7.5 Nigeria - Market size and forecast 2025-2030
12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

13 Drivers, Challenges, and Opportunity

13.1 Market drivers
- Rising environmental regulations and decarbonization mandates
- Integration of smart technology and demand for predictive maintenance
- Growing emphasis on indoor air quality and occupant wellness
13.2 Market challenges
- Persistent scarcity of skilled technical professionals
- Navigating complex regulatory frameworks and accelerated obsolescence
- Supply chain disruption and proliferation of counterfeit components
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
13.4 Market opportunities
- Emergence of circular economy principles and remanufacturing
- Proliferation of subscription-based service models
- Hyper-focus on electrification and legacy system integration

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 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 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 Emerson Electric Co.
- Emerson Electric Co. - Overview
- Emerson Electric Co. - Business segments
- Emerson Electric Co. - Key offerings
- Emerson Electric Co. - Segment focus
- SWOT
15.8 Fujitsu Ltd.
- Fujitsu Ltd. - Overview
- Fujitsu Ltd. - Business segments
- Fujitsu Ltd. - Key offerings
- Fujitsu Ltd. - Segment focus
- SWOT
15.9 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
15.10 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
- SWOT
15.11 Johnson Controls International
- Johnson Controls International - Overview
- Johnson Controls International - Business segments
- Johnson Controls International - Key offerings
- Johnson Controls International - Segment focus
- SWOT
15.12 Lennox International Inc.
- Lennox International Inc. - Overview
- Lennox International Inc. - Business segments
- Lennox International Inc. - Key offerings
- Lennox International Inc. - Segment focus
- SWOT
15.13 LG Electronics Inc.
- LG Electronics Inc. - Overview
- LG Electronics Inc. - Business segments
- LG Electronics Inc. - Key offerings
- LG Electronics Inc. - Segment focus
- SWOT
15.14 Midea Group Co. Ltd.
- Midea Group Co. Ltd. - Overview
- Midea Group Co. Ltd. - Business segments
- Midea Group Co. Ltd. - Key offerings
- Midea Group Co. Ltd. - Segment focus
- SWOT
15.15 Parker Hannifin Corp.
- Parker Hannifin Corp. - Overview
- Parker Hannifin Corp. - Business segments
- Parker Hannifin Corp. - Key offerings
- Parker Hannifin Corp. - Segment focus
- SWOT
15.16 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
15.17 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
15.18 Trane Technologies plc
- Trane Technologies plc - Overview
- Trane Technologies plc - Business segments
- 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