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HVAC Terminal Units Market 2024-2028

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    Report

  • 146 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5578832
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The HVAC terminal units market is forecasted to grow by USD 1.28 billion during 2023-2028, accelerating at a CAGR of 4.64% during the forecast period. The report on the HVAC terminal units 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 increase in construction activities, growth in regulatory norms on HVAC systems, and rising concerns about indoor air quality.

The HVAC terminal units market is segmented as below:

By Product

  • Single duct
  • Dual duct
  • Fan powered

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the emergence of net zero energy buildings as one of the prime reasons driving the HVAC terminal units market growth during the next few years. Also, technological advances in VRF and building automation systems (BAS) gaining traction will lead to sizable demand in the market.

The report on the HVAC terminal units market covers the following areas:

  • HVAC terminal units market sizing
  • HVAC terminal units market forecast
  • HVAC terminal units 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 HVAC terminal units market vendors that include Carnes Co., Carrier Global Corp., Celmec International Pty Ltd., Daikin Industries Ltd., Greenheck Fan Corp., Halton Group Oy Ltd, HTS, Johnson Controls International PLC., Nailor Industries Inc., Price Industries Inc., Warren Technology Inc., and Wozair Ltd. Also, the HVAC terminal units 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 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 and vendor landscape in addition to an analysis of the key vendors.

The report 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 research - both primary and secondary. 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 the accurate market growth.

Table of Contents

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 Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global HVAC Terminal Units Market 2018 - 2022
Historic Market Size - Data Table on Global HVAC Terminal Units Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Single duct - Market size and forecast 2023-2028
Chart on Single duct - Market size and forecast 2023-2028 ($ million)
Data Table on Single duct - Market size and forecast 2023-2028 ($ million)
Chart on Single duct - Year-over-year growth 2023-2028 (%)
Data Table on Single duct - Year-over-year growth 2023-2028 (%)
6.4 Dual duct - Market size and forecast 2023-2028
Chart on Dual duct - Market size and forecast 2023-2028 ($ million)
Data Table on Dual duct - Market size and forecast 2023-2028 ($ million)
Chart on Dual duct - Year-over-year growth 2023-2028 (%)
Data Table on Dual duct - Year-over-year growth 2023-2028 (%)
6.5 Fan powered - Market size and forecast 2023-2028
Chart on Fan powered - Market size and forecast 2023-2028 ($ million)
Data Table on Fan powered - Market size and forecast 2023-2028 ($ million)
Chart on Fan powered - Year-over-year growth 2023-2028 (%)
Data Table on Fan powered - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.11 South Korea - Market size and forecast 2023-2028
Chart on South Korea - Market size and forecast 2023-2028 ($ million)
Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
Chart on South Korea - Year-over-year growth 2023-2028 (%)
Data Table on South Korea - Year-over-year growth 2023-2028 (%)
8.12 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Carnes Co.
Carnes Co. - Overview
Carnes Co. - Product / Service
Carnes Co. - Key offerings
11.4 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
11.5 Celmec International Pty Ltd.
Celmec International Pty Ltd. - Overview
Celmec International Pty Ltd. - Product / Service
Celmec International Pty Ltd. - Key offerings
11.6 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
11.7 Greenheck Fan Corp.
Greenheck Fan Corp. - Overview
Greenheck Fan Corp. - Product / Service
Greenheck Fan Corp. - Key offerings
11.8 Halton Group Oy Ltd
Halton Group Oy Ltd - Overview
Halton Group Oy Ltd - Product / Service
Halton Group Oy Ltd - Key offerings
11.9 HTS
HTS - Overview
HTS - Product / Service
HTS - Key offerings
11.10 Johnson Controls International Plc.
Johnson Controls International Plc. - Overview
Johnson Controls International Plc. - Business segments
Johnson Controls International Plc. - Key news
Johnson Controls International Plc. - Key offerings
Johnson Controls International Plc. - Segment focus
11.11 Nailor Industries Inc.
Nailor Industries Inc. - Overview
Nailor Industries Inc. - Product / Service
Nailor Industries Inc. - Key offerings
11.12 Price Industries Inc.
Price Industries Inc. - Overview
Price Industries Inc. - Product / Service
Price Industries Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global HVAC Terminal Units Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Product - Market share 2023-2028 (%)
Exhibits 31: Data Table on Product - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Product
Exhibits 33: Data Table on Comparison by Product
Exhibits 34: Chart on Single duct - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Single duct - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Single duct - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Single duct - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Dual duct - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Dual duct - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Dual duct - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Dual duct - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Fan powered - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Fan powered - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Fan powered - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Fan powered - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Product ($ million)
Exhibits 47: Data Table on Market opportunity by Product ($ million)
Exhibits 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 51: Chart on Geographic comparison
Exhibits 52: Data Table on Geographic comparison
Exhibits 53: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South Korea - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 93: Market opportunity By Geographical Landscape ($ million)
Exhibits 94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 95: Impact of drivers and challenges in 2023 and 2028
Exhibits 96: Overview on criticality of inputs and factors of differentiation
Exhibits 97: Overview on factors of disruption
Exhibits 98: Impact of key risks on business
Exhibits 99: Companies covered
Exhibits 100: Matrix on companies position and classification
Exhibits 101: Carnes Co. - Overview
Exhibits 102: Carnes Co. - Product / Service
Exhibits 103: Carnes Co. - Key offerings
Exhibits 104: Carrier Global Corp. - Overview
Exhibits 105: Carrier Global Corp. - Business segments
Exhibits 106: Carrier Global Corp. - Key news
Exhibits 107: Carrier Global Corp. - Key offerings
Exhibits 108: Carrier Global Corp. - Segment focus
Exhibits 109: Celmec International Pty Ltd. - Overview
Exhibits 110: Celmec International Pty Ltd. - Product / Service
Exhibits 111: Celmec International Pty Ltd. - Key offerings
Exhibits 112: Daikin Industries Ltd. - Overview
Exhibits 113: Daikin Industries Ltd. - Business segments
Exhibits 114: Daikin Industries Ltd. - Key news
Exhibits 115: Daikin Industries Ltd. - Key offerings
Exhibits 116: Daikin Industries Ltd. - Segment focus
Exhibits 117: Greenheck Fan Corp. - Overview
Exhibits 118: Greenheck Fan Corp. - Product / Service
Exhibits 119: Greenheck Fan Corp. - Key offerings
Exhibits 120: Halton Group Oy Ltd - Overview
Exhibits 121: Halton Group Oy Ltd - Product / Service
Exhibits 122: Halton Group Oy Ltd - Key offerings
Exhibits 123: HTS - Overview
Exhibits 124: HTS - Product / Service
Exhibits 125: HTS - Key offerings
Exhibits 126: Johnson Controls International Plc. - Overview
Exhibits 127: Johnson Controls International Plc. - Business segments
Exhibits 128: Johnson Controls International Plc. - Key news
Exhibits 129: Johnson Controls International Plc. - Key offerings
Exhibits 130: Johnson Controls International Plc. - Segment focus
Exhibits 131: Nailor Industries Inc. - Overview
Exhibits 132: Nailor Industries Inc. - Product / Service
Exhibits 133: Nailor Industries Inc. - Key offerings
Exhibits 134: Price Industries Inc. - Overview
Exhibits 135: Price Industries Inc. - Product / Service
Exhibits 136: Price Industries Inc. - Key offerings
Exhibits 137: Inclusions checklist
Exhibits 138: Exclusions checklist
Exhibits 139: Currency conversion rates for US$
Exhibits 140: Research methodology
Exhibits 141: Information sources
Exhibits 142: Data validation
Exhibits 143: Validation techniques employed for market sizing
Exhibits 144: Data synthesis
Exhibits 145: 360 degree market analysis
Exhibits 146: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global hvac terminal units market: Carnes Co., Carrier Global Corp., Celmec International Pty Ltd., Daikin Industries Ltd., Greenheck Fan Corp., Halton Group Oy Ltd, HTS, Johnson Controls International Plc., Nailor Industries Inc., Price Industries Inc., Warren Technology Inc., and Wozair Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of net zero energy buildings."

According to the report, one of the major drivers for this market is the increase in construction activities.

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 and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Carnes Co.
  • Carrier Global Corp.
  • Celmec International Pty Ltd.
  • Daikin Industries Ltd.
  • Greenheck Fan Corp.
  • Halton Group Oy Ltd
  • HTS
  • Johnson Controls International Plc.
  • Nailor Industries Inc.
  • Price Industries Inc.
  • Warren Technology Inc.
  • Wozair Ltd.