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HVAC Systems Market in India 2025-2029

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    Report

  • 166 Pages
  • January 2025
  • Region: India
  • TechNavio
  • ID: 5005561
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The hvac systems market in india is forecasted to grow by USD 3.50 billion during 2024-2029, accelerating at a CAGR of 10.5% during the forecast period. The report on the hvac systems market in india 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 growing demand for inverter hvac systems, increasing office absorption space, and rising preference for rental hvac systems.

The hvac systems market in india is segmented as below:

By Application

  • Non-residential
  • Residential

By Type

  • Centralized
  • Decentralized

By Installation Sites

  • New installation
  • Retrofit

By Geographical Landscape

  • APAC
This study identifies the increasing popularity of smart hvac systems as one of the prime reasons driving the hvac systems market in india growth during the next few years. Also, growing concerns over improving iaq in residential and commercial buildings and adoption of low-gwp refrigerants by hvac system manufacturers will lead to sizable demand in the market.

The report on the hvac systems market in india covers the following areas:

  • HVAC Systems Market in India sizing
  • HVAC Systems Market in India forecast
  • HVAC Systems Market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hvac systems market in india vendors that include Air Control India Pvt Ltd, Blue Star Ltd., Daikin Industries Ltd., Fujitsu General Ltd., Godrej and Boyce Manufacturing Co. Ltd., Haier Smart Home Co. Ltd., Havells India Ltd., Hitachi Ltd., Honeywell International Inc., IFB Industries Ltd., Ingersoll Rand Inc., Johnson Controls International Plc, LG Corp., Mitsubishi Electric Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Toshiba Corp., Trane Technologies Plc, Voltas Ltd., and Whirlpool Corp. Also, the hvac systems market in india 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 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.

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 Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Installation Sites
Executive Summary - Chart on Company Market Positioning
2 Market 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
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 HVAC Systems Market in India 2019 - 2023
Historic Market Size - Data Table on HVAC Systems Market in India 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Installation Sites segment analysis 2019 - 2023
Historic Market Size - Installation Sites Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on HVAC Systems Market in India
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Non-residential - Market size and forecast 2024-2029
Chart on Non-residential - Market size and forecast 2024-2029 ($ million)
Data Table on Non-residential - Market size and forecast 2024-2029 ($ million)
Chart on Non-residential - Year-over-year growth 2024-2029 (%)
Data Table on Non-residential - Year-over-year growth 2024-2029 (%)
8.4 Residential - Market size and forecast 2024-2029
Chart on Residential - Market size and forecast 2024-2029 ($ million)
Data Table on Residential - Market size and forecast 2024-2029 ($ million)
Chart on Residential - Year-over-year growth 2024-2029 (%)
Data Table on Residential - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Centralized - Market size and forecast 2024-2029
Chart on Centralized - Market size and forecast 2024-2029 ($ million)
Data Table on Centralized - Market size and forecast 2024-2029 ($ million)
Chart on Centralized - Year-over-year growth 2024-2029 (%)
Data Table on Centralized - Year-over-year growth 2024-2029 (%)
9.4 Decentralized - Market size and forecast 2024-2029
Chart on Decentralized - Market size and forecast 2024-2029 ($ million)
Data Table on Decentralized - Market size and forecast 2024-2029 ($ million)
Chart on Decentralized - Year-over-year growth 2024-2029 (%)
Data Table on Decentralized - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Installation Sites
10.1 Market segments
Chart on Installation Sites - Market share 2024-2029 (%)
Data Table on Installation Sites - Market share 2024-2029 (%)
10.2 Comparison by Installation Sites
Chart on Comparison by Installation Sites
Data Table on Comparison by Installation Sites
10.3 New installation - Market size and forecast 2024-2029
Chart on New installation - Market size and forecast 2024-2029 ($ million)
Data Table on New installation - Market size and forecast 2024-2029 ($ million)
Chart on New installation - Year-over-year growth 2024-2029 (%)
Data Table on New installation - Year-over-year growth 2024-2029 (%)
10.4 Retrofit - Market size and forecast 2024-2029
Chart on Retrofit - Market size and forecast 2024-2029 ($ million)
Data Table on Retrofit - Market size and forecast 2024-2029 ($ million)
Chart on Retrofit - Year-over-year growth 2024-2029 (%)
Data Table on Retrofit - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Installation Sites
Market opportunity by Installation Sites ($ million)
Data Table on Market opportunity by Installation Sites ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Blue Star Ltd.
Blue Star Ltd. - Overview
Blue Star Ltd. - Business segments
Blue Star Ltd. - Key news
Blue Star Ltd. - Key offerings
Blue Star Ltd. - Segment focus
SWOT
14.5 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
SWOT
14.6 Godrej and Boyce Manufacturing Co. Ltd.
Godrej and Boyce Manufacturing Co. Ltd. - Overview
Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
SWOT
14.7 Havells India Ltd.
Havells India Ltd. - Overview
Havells India Ltd. - Business segments
Havells India Ltd. - Key news
Havells India Ltd. - Key offerings
Havells India Ltd. - Segment focus
SWOT
14.8 Hitachi Ltd.
Hitachi Ltd. - Overview
Hitachi Ltd. - Business segments
Hitachi Ltd. - Key news
Hitachi Ltd. - Key offerings
Hitachi Ltd. - Segment focus
SWOT
14.9 IFB Industries Ltd.
IFB Industries Ltd. - Overview
IFB Industries Ltd. - Business segments
IFB Industries Ltd. - Key offerings
IFB Industries Ltd. - Segment focus
SWOT
14.10 Ingersoll Rand Inc.
Ingersoll Rand Inc. - Overview
Ingersoll Rand Inc. - Business segments
Ingersoll Rand Inc. - Key offerings
Ingersoll Rand Inc. - Segment focus
SWOT
14.11 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
SWOT
14.12 LG Corp.
LG Corp. - Overview
LG Corp. - Product / Service
LG Corp. - Key offerings
SWOT
14.13 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
SWOT
14.14 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
SWOT
14.15 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
14.16 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
SWOT
14.17 Voltas Ltd.
Voltas Ltd. - Overview
Voltas Ltd. - Business segments
Voltas Ltd. - Key offerings
Voltas Ltd. - Segment focus
SWOT
14.18 Whirlpool Corp.
Whirlpool Corp. - Overview
Whirlpool Corp. - Business segments
Whirlpool Corp. - Key news
Whirlpool Corp. - Key offerings
Whirlpool Corp. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 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 Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Application
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Installation Sites
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on HVAC Systems Market in India 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Installation Sites Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Application - Market share 2024-2029 (%)
Exhibits 34: Data Table on Application - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Application
Exhibits 36: Data Table on Comparison by Application
Exhibits 37: Chart on Non-residential - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Non-residential - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Non-residential - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Non-residential - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Application ($ million)
Exhibits 46: Data Table on Market opportunity by Application ($ million)
Exhibits 47: Chart on Type - Market share 2024-2029 (%)
Exhibits 48: Data Table on Type - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Type
Exhibits 50: Data Table on Comparison by Type
Exhibits 51: Chart on Centralized - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Centralized - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Centralized - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Centralized - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Decentralized - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on Decentralized - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on Decentralized - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Decentralized - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Type ($ million)
Exhibits 60: Data Table on Market opportunity by Type ($ million)
Exhibits 61: Chart on Installation Sites - Market share 2024-2029 (%)
Exhibits 62: Data Table on Installation Sites - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by Installation Sites
Exhibits 64: Data Table on Comparison by Installation Sites
Exhibits 65: Chart on New installation - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Data Table on New installation - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Chart on New installation - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on New installation - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on Retrofit - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Data Table on Retrofit - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Chart on Retrofit - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on Retrofit - Year-over-year growth 2024-2029 (%)
Exhibits 73: Market opportunity by Installation Sites ($ million)
Exhibits 74: Data Table on Market opportunity by Installation Sites ($ million)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2024 and 2029
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Company ranking index
Exhibits 82: Matrix on companies position and classification
Exhibits 83: Blue Star Ltd. - Overview
Exhibits 84: Blue Star Ltd. - Business segments
Exhibits 85: Blue Star Ltd. - Key news
Exhibits 86: Blue Star Ltd. - Key offerings
Exhibits 87: Blue Star Ltd. - Segment focus
Exhibits 88: SWOT
Exhibits 89: Daikin Industries Ltd. - Overview
Exhibits 90: Daikin Industries Ltd. - Business segments
Exhibits 91: Daikin Industries Ltd. - Key news
Exhibits 92: Daikin Industries Ltd. - Key offerings
Exhibits 93: Daikin Industries Ltd. - Segment focus
Exhibits 94: SWOT
Exhibits 95: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibits 96: Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Exhibits 97: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibits 98: SWOT
Exhibits 99: Havells India Ltd. - Overview
Exhibits 100: Havells India Ltd. - Business segments
Exhibits 101: Havells India Ltd. - Key news
Exhibits 102: Havells India Ltd. - Key offerings
Exhibits 103: Havells India Ltd. - Segment focus
Exhibits 104: SWOT
Exhibits 105: Hitachi Ltd. - Overview
Exhibits 106: Hitachi Ltd. - Business segments
Exhibits 107: Hitachi Ltd. - Key news
Exhibits 108: Hitachi Ltd. - Key offerings
Exhibits 109: Hitachi Ltd. - Segment focus
Exhibits 110: SWOT
Exhibits 111: IFB Industries Ltd. - Overview
Exhibits 112: IFB Industries Ltd. - Business segments
Exhibits 113: IFB Industries Ltd. - Key offerings
Exhibits 114: IFB Industries Ltd. - Segment focus
Exhibits 115: SWOT
Exhibits 116: Ingersoll Rand Inc. - Overview
Exhibits 117: Ingersoll Rand Inc. - Business segments
Exhibits 118: Ingersoll Rand Inc. - Key offerings
Exhibits 119: Ingersoll Rand Inc. - Segment focus
Exhibits 120: SWOT
Exhibits 121: Johnson Controls International Plc - Overview
Exhibits 122: Johnson Controls International Plc - Business segments
Exhibits 123: Johnson Controls International Plc - Key news
Exhibits 124: Johnson Controls International Plc - Key offerings
Exhibits 125: Johnson Controls International Plc - Segment focus
Exhibits 126: SWOT
Exhibits 127: LG Corp. - Overview
Exhibits 128: LG Corp. - Product / Service
Exhibits 129: LG Corp. - Key offerings
Exhibits 130: SWOT
Exhibits 131: Mitsubishi Electric Corp. - Overview
Exhibits 132: Mitsubishi Electric Corp. - Business segments
Exhibits 133: Mitsubishi Electric Corp. - Key offerings
Exhibits 134: Mitsubishi Electric Corp. - Segment focus
Exhibits 135: SWOT
Exhibits 136: Panasonic Holdings Corp. - Overview
Exhibits 137: Panasonic Holdings Corp. - Business segments
Exhibits 138: Panasonic Holdings Corp. - Key news
Exhibits 139: Panasonic Holdings Corp. - Key offerings
Exhibits 140: Panasonic Holdings Corp. - Segment focus
Exhibits 141: SWOT
Exhibits 142: Samsung Electronics Co. Ltd. - Overview
Exhibits 143: Samsung Electronics Co. Ltd. - Business segments
Exhibits 144: Samsung Electronics Co. Ltd. - Key news
Exhibits 145: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 146: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 147: SWOT
Exhibits 148: Toshiba Corp. - Overview
Exhibits 149: Toshiba Corp. - Business segments
Exhibits 150: Toshiba Corp. - Key news
Exhibits 151: Toshiba Corp. - Key offerings
Exhibits 152: Toshiba Corp. - Segment focus
Exhibits 153: SWOT
Exhibits 154: Voltas Ltd. - Overview
Exhibits 155: Voltas Ltd. - Business segments
Exhibits 156: Voltas Ltd. - Key offerings
Exhibits 157: Voltas Ltd. - Segment focus
Exhibits 158: SWOT
Exhibits 159: Whirlpool Corp. - Overview
Exhibits 160: Whirlpool Corp. - Business segments
Exhibits 161: Whirlpool Corp. - Key news
Exhibits 162: Whirlpool Corp. - Key offerings
Exhibits 163: Whirlpool Corp. - Segment focus
Exhibits 164: SWOT
Exhibits 165: Inclusions checklist
Exhibits 166: Exclusions checklist
Exhibits 167: Currency conversion rates for US$
Exhibits 168: Research methodology
Exhibits 169: Information sources
Exhibits 170: Data validation
Exhibits 171: Validation techniques employed for market sizing
Exhibits 172: Data synthesis
Exhibits 173: 360 degree market analysis
Exhibits 174: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the hvac systems market in india: Air Control India Pvt Ltd, Blue Star Ltd., Daikin Industries Ltd., Fujitsu General Ltd., Godrej and Boyce Manufacturing Co. Ltd., Haier Smart Home Co. Ltd., Havells India Ltd., Hitachi Ltd., Honeywell International Inc., IFB Industries Ltd., Ingersoll Rand Inc., Johnson Controls International Plc, LG Corp., Mitsubishi Electric Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Toshiba Corp., Trane Technologies Plc, Voltas Ltd., and Whirlpool Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of smart hvac systems."

According to the report, one of the major drivers for this market is the growing demand for inverter hvac systems.

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:

  • Air Control India Pvt Ltd
  • Blue Star Ltd.
  • Daikin Industries Ltd.
  • Fujitsu General Ltd.
  • Godrej and Boyce Manufacturing Co. Ltd.
  • Haier Smart Home Co. Ltd.
  • Havells India Ltd.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • IFB Industries Ltd.
  • Ingersoll Rand Inc.
  • Johnson Controls International Plc
  • LG Corp.
  • Mitsubishi Electric Corp.
  • Panasonic Holdings Corp.
  • Samsung Electronics Co. Ltd.
  • Toshiba Corp.
  • Trane Technologies Plc
  • Voltas Ltd.
  • Whirlpool Corp.