Europe HVAC Controls Market Forecast to 2030 - Regional Analysis - by Component, Installation Type, System, and End User

List of Tables

The Europe HVAC controls market is expected to grow from US$ 1,815.69 million in 2022 to US$ 7,582.79 million by 2030. It is estimated to grow at a CAGR of 19.6% from 2022 to 2030.

Development of Smart Cities Drive Europe HVAC Controls Market

Various governments across the world are taking initiatives to develop smart cities in their respective economies due to the rising trend of urbanization. Moreover, the European Commission (EC) aims to significantly promote energy-efficient and low-carbon technologies under its Smart Cities Initiative. Therefore, the increasing focus of governments worldwide on the development of smart cities is expected to create lucrative opportunities for the Europe HVAC controls market during the forecast period.

Europe HVAC Controls Market Overview

The Europe HVAC controls market is segmented into Germany, France, Russia, the UK, Italy, and the Rest of Europe. In Germany, the HVAC control system provides warmth or cooling in residential, commercial, or industrial building areas and fresh outdoor air to remove interior airborne contaminants, including volatile organic compounds and odors released by interior fixtures or different cleaning agents. The market growth in Europe is primarily driven by increased housing projects, growing construction spending, rising government investment in green building initiatives, fast urbanization, and rising disposable income. In European countries, such as the UK, Germany, and France, the government rules addressing energy efficiency and the use of environment-friendly refrigerants are projected to enhance the demand for HVAC equipment. Over the past ten years, the UK and France have built a comprehensive regulatory framework and binding targets for the transportation and building sectors under European commitments to boost energy efficiency by 20% by 2021.

The French organization Smart Buildings Alliance (SBA) works to advance the smart building sector in smart cities. The alliance has brought together 170 organizations from various trades within the building sector (industrial companies, service companies, builders, developers, design offices, architects, developers, and innovative startups). Moreover, the rising initiatives for sustainable building development in Europe will offer lucrative opportunities to HVAC control manufacturers. For instance, huge European cities and businesses committed to reducing their building's CO2 emissions to zero in December 2019. As part of the agreement, major participants in the construction industry, including BuroHappold, Deerns, Carbon Credentials, and Grimshaw Architects, joined Helsinki and Valladolid in signing the World Green Building Council's Net Zero Carbon Buildings Commitment. Also, in May 2023, Johnson Controls expanded its collection of residential and commercial contractor resources with the new Johnson Controls Ducted Systems (DS) Solutions App. The free app provides contractors instant access to commercial and residential equipment information to help streamline installation, troubleshooting, and maintenance processes. Thus, all the aforementioned factors are positively influencing the Europe HVAC controls market.

Europe HVAC Controls Market Revenue and Forecast to 2030 (US$ Million)

Europe HVAC Controls Market Segmentation

The Europe HVAC controls market is segmented into component, installation type, system, end user, and country.

Based on component, the Europe HVAC controls market is bifurcated into hardware and software & services. In 2022, the hardware and software segment registered a larger share in the Europe HVAC controls market. The hardware segment is further segmented into sensor, controllers, smart vents, and others.

Based on installation type, the Europe HVAC controls market is bifurcated into new installation and retrofit. In 2022, the retrofit segment registered a larger share in the Europe HVAC controls market

Based on system, the Europe HVAC controls market is segmented into temperature control system, humidity control system, ventilation control system, and integrated control system. In 2022, the temperature control system segment registered the largest share in the Europe HVAC controls market.

Based on end user industry, the Europe HVAC controls market is segmented into residential, commercial, and industrial. In 2022, the commercial segment registered the largest share in the Europe HVAC controls market.

Based on country, the Europe HVAC controls market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe. In 2022, the UK registered the largest share in the Europe HVAC controls market.

Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Acuity Brands, Inc.; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc. are some of the leading companies operating in the Europe HVAC controls market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe HVAC controls market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe HVAC controls market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the HVAC controls market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027122

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe HVAC Controls Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in The Value Chain

5. Europe HVAC Controls Market - Key Industry Dynamics

5.1 Europe HVAC Controls Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Growth in Construction Sector
- 5.2.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.3 Market Restraints
- 5.3.1 High Cost and Technical complexities
5.4 Market Opportunities
- 5.4.1 Rising Adoption of Cloud Computing in HVAC
- 5.4.2 Development of Smart Cities
5.5 Future Trends
- 5.5.1 Advancement in Green Technology
5.6 Impact of Drivers and Restraints:

6. HVAC Controls Market - Europe Market Analysis

6.1 Europe HVAC Controls Market Revenue (US$ Million), 2022 - 2030
6.2 Europe HVAC Controls Market Forecast and Analysis

7. Europe HVAC Controls Market Analysis - Component

7.1 Hardware
- 7.1.1 Overview
- 7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Sensor
  - 7.1.3.1 Overview
  - 7.1.3.2 Sensor Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.4 Controllers
  - 7.1.4.1 Overview
  - 7.1.4.2 Controllers Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.5 Smart Vents
  - 7.1.5.1 Overview
  - 7.1.5.2 Smart Vents Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.6 Others
  - 7.1.6.1 Overview
  - 7.1.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software & Services
- 7.2.1 Overview
- 7.2.2 Software & Services Market, Revenue and Forecast to 2030 (US$ Million)

8. Europe HVAC Controls Market Analysis - Installation Type

8.1 Retrofit
- 8.1.1 Overview
- 8.1.2 Retrofit Market Revenue, and Forecast to 2030 (US$ Million)
8.2 New Installation
- 8.2.1 Overview
- 8.2.2 New Installation Market Revenue, and Forecast to 2030 (US$ Million)

9. Europe HVAC Controls Market Analysis - System

9.1 Temperature Control System
- 9.1.1 Overview
- 9.1.2 Temperature Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Integrated Control System
- 9.2.1 Overview
- 9.2.2 Integrated Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Ventilation Control System
- 9.3.1 Overview
- 9.3.2 Ventilation Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Humidity Control System
- 9.4.1 Overview
- 9.4.2 Humidity Control System Market Revenue, and Forecast to 2030 (US$ Million)

10. Europe HVAC Controls Market Analysis - End User

10.1 Commercial
- 10.1.1 Overview
- 10.1.2 Commercial Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Industrial
- 10.2.1 Overview
- 10.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Residential
- 10.3.1 Overview
- 10.3.2 Residential Market Revenue, and Forecast to 2030 (US$ Million)

11. Europe HVAC Controls Market - Country Analysis

11.1 Overview
- 11.1.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Country
  - 11.1.1.1 Europe HVAC Controls Market Revenue and Forecasts and Analysis - By Country
  - 11.1.1.2 UK HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.2.1 UK HVAC Controls Market Breakdown by Component
    - 11.1.1.2.1.1 UK HVAC Controls Market Breakdown by Hardware
    - 11.1.1.2.2 UK HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.2.3 UK HVAC Controls Market Breakdown by System
    - 11.1.1.2.4 UK HVAC Controls Market Breakdown by End User
  - 11.1.1.3 Germany HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.3.1 Germany HVAC Controls Market Breakdown by Component
    - 11.1.1.3.1.1 Germany HVAC Controls Market Breakdown by Hardware
    - 11.1.1.3.2 Germany HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.3.3 Germany HVAC Controls Market Breakdown by System
    - 11.1.1.3.4 Germany HVAC Controls Market Breakdown by End User
  - 11.1.1.4 France HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.4.1 France HVAC Controls Market Breakdown by Component
    - 11.1.1.4.1.1 France HVAC Controls Market Breakdown by Hardware
    - 11.1.1.4.2 France HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.4.3 France HVAC Controls Market Breakdown by System
    - 11.1.1.4.4 France HVAC Controls Market Breakdown by End User
  - 11.1.1.5 Italy HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.5.1 Italy HVAC Controls Market Breakdown by Component
    - 11.1.1.5.1.1 Italy HVAC Controls Market Breakdown by Hardware
    - 11.1.1.5.2 Italy HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.5.3 Italy HVAC Controls Market Breakdown by System
    - 11.1.1.5.4 Italy HVAC Controls Market Breakdown by End User
  - 11.1.1.6 Russia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.6.1 Russia HVAC Controls Market Breakdown by Component
    - 11.1.1.6.1.1 Russia HVAC Controls Market Breakdown by Hardware
    - 11.1.1.6.2 Russia HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.6.3 Russia HVAC Controls Market Breakdown by System
    - 11.1.1.6.4 Russia HVAC Controls Market Breakdown by End User
  - 11.1.1.7 Rest of Europe HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
    - 11.1.1.7.1 Rest of Europe HVAC Controls Market Breakdown by Component
    - 11.1.1.7.1.1 Rest of Europe HVAC Controls Market Breakdown by Hardware
    - 11.1.1.7.2 Rest of Europe HVAC Controls Market Breakdown by Installation Type
    - 11.1.1.7.3 Rest of Europe HVAC Controls Market Breakdown by System
    - 11.1.1.7.4 Rest of Europe HVAC Controls Market Breakdown by End User

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiatives
13.3 New Product Development
13.4 Merger and Acquisition

14. Company Profiles

14.1 Carrier Global Corporation
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 DAIKIN INDUSTRIES, Ltd.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Acuity Brands, Inc.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Emerson Electric Co.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Honeywell International Inc.
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Johnson Controls, Inc.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Schneider Electric SE
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Siemens AG
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Lennox International Inc.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments

15. Appendix

15.1 About the Insight Partners
15.2 Word Index