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The commercial hvac market is forecasted to grow by USD 25.3 million during 2023-2028, accelerating at a CAGR of 4.37% during the forecast period. The report on the commercial 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 rising number of data centers, growth in construction market, and rising need for regulatory compliance in hvac equipment.
The commercial hvac market is segmented as below:
By Application
- Equipment
- Services
By Type
- Heat pump
- Furnaces
- Boilers
- Unitary heaters
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the commercial hvac market covers the following areas:
- Commercial hvac market sizing
- Commercial hvac market forecast
- Commercial 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 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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global commercial hvac market: Arkema Group, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Smart Home Co. Ltd., Honeywell International Inc., Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Nortek, Panasonic Holdings Corp., Rheem Manufacturing Co., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Trane Technologies plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emerging smart and connected hvac."
According to the report, one of the major drivers for this market is the rising number of data centers.
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:
- Arkema Group
- Carrier Global Corp.
- Daikin Industries Ltd.
- Danfoss AS
- Emerson Electric Co.
- Fujitsu Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- Haier Smart Home Co. Ltd.
- Honeywell International Inc.
- Johnson Controls International Plc.
- Lennox International Inc.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Mitsubishi Electric Corp.
- Nortek
- Panasonic Holdings Corp.
- Rheem Manufacturing Co.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Trane Technologies plc
