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The HVAC market is forecasted to grow by USD 74.02 bn during 2023-2028, accelerating at a CAGR of 6.5% during the forecast period. The report on the HVAC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 the growing construction sector, rising preference for condensing boilers, and increasing refurbishment and replacement demand.
The HVAC market is segmented as below:
By Type
- HVAC equipment
- HVAC services
By End-user
- Non-residential
- Residential
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the HVAC market covers the following areas:
- HVAC market sizing
- HVAC market forecast
- HVAC market industry analysis
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 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 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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global HVAC market: ABM Industries Inc., Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, and Siemens AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise in incorporation of building automation systems.'
According to the report, one of the major drivers for this market is the growing construction sector.
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:
- ABM Industries Inc.
- Air Comfort
- Alexander Mechanical Inc.
- Blue Star Ltd.
- Carrier Global Corp.
- Daikin Industries Ltd.
- EMCOR Group Inc.
- Emerson Electric Co.
- ENGIE SA
- Ferguson plc
- Fujitsu Ltd.
- Ingersoll Rand Inc.
- J and J Air Conditioning
- Johnson Controls International Plc
- Lennox International Inc.
- LG Electronics Inc.
- Nortek
- Samsung Electronics Co. Ltd.
- Service Logic
- Siemens AG
