HVAC Accessories Market Size, Share, Trends, Industry Analysis Report: By Product, Distribution Channel, Application, and Region

Description

List of Tables

The HVAC accessories market size is expected to reach USD 41.39 billion by 2034, according to a new study by Polaris Market Research. The report "HVAC Accessories Market Size, Share, Trends, Industry Analysis Report: By Product, Distribution Channel (Online and Offline), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing adoption of smart home technologies has led to a significant increase in demand for compatible HVAC accessories. Smart home systems allow users to control various devices, including HVAC systems, via smartphones or voice commands. Accessories such as smart thermostats, sensors, and air quality monitors are essential for making HVAC systems more intelligent and responsive. These devices automatically adjust settings based on homeowner preferences or environmental factors, improving both comfort and energy efficiency. The rising popularity of smart homes has fueled the demand for advanced HVAC accessories, thereby driving the growth of the HVAC accessories market.

Governments around the world are setting stricter regulations to promote energy efficiency and reduce carbon emissions, creating a favorable environment for HVAC accessories that help meet these standards. Regulations on energy efficiency, such as mandatory energy-saving targets for buildings, encourage the adoption of more efficient HVAC systems and their accessories. Additionally, governments provide incentives, rebates, or tax breaks to consumers and businesses that invest in energy-efficient solutions. These policies motivate people to purchase energy-saving HVAC accessories, such as high-efficiency filters and smart thermostats. As a result, the HVAC accessories market demand is expanding.

HVAC Accessories Market Report Highlights

In 2024, the thermostats segment dominated the HVAC accessories market driven by increasing consumer demand for energy efficiency and convenience.

The online segment is expected to witness significant growth during the forecast period. E-commerce expansion has led more consumers to purchase HVAC accessories like thermostats, filters, and sensors online due to the convenience and variety of options available.

In 2024, North America dominated the HVAC accessories market due to increasing demand for energy-efficient solutions and smart home technologies.

Asia Pacific is expected to record a significant share during the forecast period driven by urbanization, industrialization, and a rising standard of living.

The global key market players are Aeroqual; Carrier; Condair Group; Daikin Industries, Ltd.; Lennox International Inc.; Munters; Ocean Controls Limited; Scottfrio; Thermorex; and Trane.

Polaris market research has segmented the HVAC accessories market report based on product, distribution channel, application, and region:

By Product (Revenue - USD Billion, 2020-2034)

Thermostats
Sensors
Control Systems
Vibration Isolators
Others

By Distribution Channel (Revenue - USD Billion, 2020-2034)

Online
Offline

By Application (Revenue - USD Billion, 2020-2034)

Residential
Commercial
Industrial

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM5509

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Device Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global HVAC Accessories Market Insights

4.1. HVAC Accessories Market - Market Snapshot
4.2. HVAC Accessories Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Construction Projects
  - 4.2.1.2. Rising Urbanization and Disposable Income
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost of Manufacturing
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. HVAC Accessories Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global HVAC Accessories Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global HVAC Accessories Market, by Product, 2020-2034 (USD billion)
5.3. Thermostats
- 5.3.1. Global HVAC Accessories Market, by Thermostats, by Region, 2020-2034 (USD billion)
5.4. Sensors
- 5.4.1. Global HVAC Accessories Market, by Sensors, by Region, 2020-2034 (USD billion)
5.5. Control Systems
- 5.5.1. Global HVAC Accessories Market, by Control Systems, by Region, 2020-2034 (USD billion)
5.6. Vibration Isolators
- 5.6.1. Global HVAC Accessories Market, by Vibration Isolators, by Region, 2020-2034 (USD billion)
5.7. Others
- 5.7.1. Global HVAC Accessories Market, by Others, by Region, 2020-2034 (USD billion)

6. Global HVAC Accessories Market, by Distribution Channel

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
6.3. Online
- 6.3.1. Global HVAC Accessories Market, by Online, by Region, 2020-2034 (USD billion)
6.4. Offline
- 6.4.1. Global HVAC Accessories Market, by Offline, by Region, 2020-2034 (USD billion)

7. Global HVAC Accessories Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global HVAC Accessories Market, by Application, 2020-2034 (USD billion)
7.3. Residential
- 7.3.1. Global HVAC Accessories Market, by Residential, by Region, 2020-2034 (USD billion)
7.4. Commercial
- 7.4.1. Global HVAC Accessories Market, by Commercial, by Region, 2020-2034 (USD billion)
7.5. Industrial
- 7.5.1. Global HVAC Accessories Market, by Industrial, by Region, 2020-2034 (USD billion)

8. Global HVAC Accessories Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. HVAC Accessories Market Assessment, By Geography, 2020-2034 (USD billion)
8.3. HVAC Accessories Market - North America
- 8.3.1. North America: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
- 8.3.2. North America: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
- 8.3.3. North America: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.3.4. HVAC Accessories Market - U.S.
  - 8.3.4.1. U.S.: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.3.4.2. U.S.: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.3.4.3. U.S.: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.3.5. HVAC Accessories Market - Canada
  - 8.3.5.1. Canada: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.3.5.2. Canada: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.3.5.3. Canada: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
8.4. HVAC Accessories Market - Europe
- 8.4.1. Europe: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
- 8.4.2. Europe: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
- 8.4.3. Europe: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.4. HVAC Accessories Market - UK
  - 8.4.4.1. UK: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.4.2. UK: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.4.3. UK: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.5. HVAC Accessories Market - France
  - 8.4.5.1. France: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.5.2. France: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.5.3. France: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.6. HVAC Accessories Market - Germany
  - 8.4.6.1. Germany: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.6.2. Germany: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.6.3. Germany: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.7. HVAC Accessories Market - Italy
  - 8.4.7.1. Italy: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.7.2. Italy: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.7.3. Italy: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.8. HVAC Accessories Market - Spain
  - 8.4.8.1. Spain: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.8.2. Spain: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.8.3. Spain: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.9. HVAC Accessories Market - Netherlands
  - 8.4.9.1. Netherlands: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.9.2. Netherlands: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.9.3. Netherlands: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.10. HVAC Accessories Market - Russia
  - 8.4.10.1. Russia: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.10.2. Russia: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.10.3. Russia: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.4.11. HVAC Accessories Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.4.11.2. Rest of Europe: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.4.11.3. Rest of Europe: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
8.5. HVAC Accessories Market - Asia Pacific
- 8.5.1. Asia Pacific: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
- 8.5.2. Asia Pacific: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
- 8.5.3. Asia Pacific: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.4. HVAC Accessories Market - China
  - 8.5.4.1. China: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.4.2. China: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.4.3. China: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.5. HVAC Accessories Market - India
  - 8.5.5.1. India: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.5.2. India: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.5.3. India: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.6. HVAC Accessories Market - Malaysia
  - 8.5.6.1. Malaysia: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.6.2. Malaysia: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.6.3. Malaysia: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.7. HVAC Accessories Market - Japan
  - 8.5.7.1. Japan: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.7.2. Japan: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.7.3. Japan: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.8. HVAC Accessories Market - Indonesia
  - 8.5.8.1. Indonesia: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.8.2. Indonesia: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.8.3. Indonesia: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.9. HVAC Accessories Market - South Korea
  - 8.5.9.1. South Korea: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.9.2. South Korea: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.9.3. South Korea: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.10. HVAC Accessories Market - Australia
  - 8.5.10.1. Australia: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.10.2. Australia: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.10.3. Australia: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.5.11. HVAC Accessories Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.5.11.2. Rest of Asia Pacific: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.5.11.3. Rest of Asia Pacific: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
8.6. HVAC Accessories Market - Middle East & Africa
- 8.6.1. Middle East & Africa: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
- 8.6.2. Middle East & Africa: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
- 8.6.3. Middle East & Africa: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.6.4. HVAC Accessories Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.6.4.2. Saudi Arabia: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.6.4.3. Saudi Arabia: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.6.5. HVAC Accessories Market - UAE
  - 8.6.5.1. UAE: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.6.5.2. UAE: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.6.5.3. UAE: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.6.6. HVAC Accessories Market - Israel
  - 8.6.6.1. Israel: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.6.6.2. Israel: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.6.6.3. Israel: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.6.7. HVAC Accessories Market - South Africa
  - 8.6.7.1. South Africa: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.6.7.2. South Africa: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.6.7.3. South Africa: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.6.8. HVAC Accessories Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.6.8.2. Rest of Middle East & Africa: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.6.8.3. Rest of Middle East & Africa: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
8.7. HVAC Accessories Market - Latin America
- 8.7.1. Latin America: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
- 8.7.2. Latin America: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
- 8.7.3. Latin America: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.7.4. HVAC Accessories Market - Mexico
  - 8.7.4.1. Mexico: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.7.4.2. Mexico: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.7.4.3. Mexico: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.7.5. HVAC Accessories Market - Brazil
  - 8.7.5.1. Brazil: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.7.5.2. Brazil: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.7.5.3. Brazil: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.7.6. HVAC Accessories Market - Argentina
  - 8.7.6.1. Argentina: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.7.6.2. Argentina: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.7.6.3. Argentina: HVAC Accessories Market, by Application, 2020-2034 (USD billion)
- 8.7.7. HVAC Accessories Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: HVAC Accessories Market, by Product, 2020-2034 (USD billion)
  - 8.7.7.2. Rest of Latin America: HVAC Accessories Market, by Distribution Channel, 2020-2034 (USD billion)
  - 8.7.7.3. Rest of Latin America: HVAC Accessories Market, by Application, 2020-2034 (USD billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Aeroqual
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Carrier
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Condair Group
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. DAIKIN INDUSTRIES, Ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Lennox International Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Munters
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Ocean Controls Limited
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. SCOTTFRIO
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Thermorex
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Trane
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development