Global HVAC equipment Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025
Equipment including heating, ventilating, and air conditioning systems providing thermal stabilization and clean air quality are known as HVAC (Heating, Ventilating, and Air Conditioning) systems. HVAC systems decrease and eliminate internal airborne pollutants such as odors, unstable organic compounds, and pollutants formed from interior furnishings, chemicals, and some other substances, hence stopping the stagnation of the indoor air and formulating clean, breathable air.
Based on component type, the HVAC equipment market is divided into ¬heating (pumps, boiler, gas & oil heater, electric heater), air-conditioning, and ventilating equipment. By application, the market is categorized into domestic, commercial, and industrial segments. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
MARKET DYNAMICS:
Drivers:
The top players in the global HVAC equipment market include Daikin Industries Ltd., Johnson Controls, Inc., United Technologies Corp., Qingdao Haier Co., Ltd., AB Electrolux, LG Corporation, Mitsubishi Electric Corp., Ingersoll Rand PLC., Qingdao Haier Co., Ltd., and Whirlpool Corporation.
KEY TAKEAWAYS
MARKET LANDSCAPE
Based on component type, the HVAC equipment market is divided into ¬heating (pumps, boiler, gas & oil heater, electric heater), air-conditioning, and ventilating equipment. By application, the market is categorized into domestic, commercial, and industrial segments. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
MARKET DYNAMICS:
Drivers:
- Growing demand of energy efficient and ecofriendly power equipment
- Increase in number of household equipment and rise in disposal income
- Lack of awareness in underdeveloped regions including Africa and Latin America
The top players in the global HVAC equipment market include Daikin Industries Ltd., Johnson Controls, Inc., United Technologies Corp., Qingdao Haier Co., Ltd., AB Electrolux, LG Corporation, Mitsubishi Electric Corp., Ingersoll Rand PLC., Qingdao Haier Co., Ltd., and Whirlpool Corporation.
KEY TAKEAWAYS
MARKET LANDSCAPE
- By Component Type
- Heating
- Air-conditioning
- Ventilating Equipment
- By Application
- Residential
- Commercial
- Industrial
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
1. EXECUTIVE SUMMARY
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. INTRODUCTION
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. MARKET LANDSCAPE
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global HVAC market shares analysis, 2014-2025
3.4.1. Global HVAC market shares by component type, 2014-2025
3.4.2. Global HVAC market shares by application, 2014-2025
3.4.3. Global HVAC market shares by geography, 2014-2025
4. GLOBAL HVAC MARKET BY COMPONENT TYPE
4.1. Heating
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Air-conditioning
4.2.1. Historical market size by region, 2014-2016
4.2.2. Market forecast by region, 2017-2025
4.3. Ventilating equipment
4.3.1. Historical market size by region, 2014-2016
4.3.2. Market forecast by region, 2017-2025
5. GLOBAL HVAC MARKET BY APPLICATION
5.1. Residential
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Commercial
5.2.1. Historical market size by region, 2014-2016
5.2.2. Market forecast by region, 2017-2025
5.3. Industrial
5.3.1. Historical market size by region, 2014-2016
5.3.2. Market forecast by region, 2017-2025
6. GLOBAL HVAC MARKET BY GEOGRAPHY
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical market size, 2014-2016
6.1.1.2. Market forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical market size, 2014-2016
6.1.2.2. Market forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical market size, 2014-2016
6.1.3.2. Market forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical market size, 2014-2016
6.2.1.2. Market forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical market size, 2014-2016
6.2.2.2. Market forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical market size, 2014-2016
6.2.3.2. Market forecast, 2017-2025
6.2.4. Italy
6.2.4.1. Historical market size, 2014-2016
6.2.4.2. Market forecast, 2017-2025
6.2.5. Rest of Europe
6.2.5.1. Historical market size, 2014-2016
6.2.5.2. Market forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical market size, 2014-2016
6.3.1.2. Market forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical market size, 2014-2016
6.3.2.2. Market forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical market size, 2014-2016
6.3.3.2. Market forecast, 2017-2025
6.3.4. Rest of Asia-Pacific
6.3.4.1. Historical market size, 2014-2016
6.3.4.2. Market forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical market size, 2014-2016
6.4.1.2. Market forecast, 2017-2025
6.4.2. Saudi Arabia
6.4.2.1. Historical market size, 2014-2016
6.4.2.2. Market forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical market size, 2014-2016
6.4.3.2. Market forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical market size, 2014-2016
6.4.4.2. Market forecast, 2017-2025
7. COMPANY PROFILES
7.1. Daikin Industries Ltd.
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Johnson Controls, Inc.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Whirlpool Corporation
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. United Technologies Corp.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Qingdao Haier Co. Ltd.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. AB Electrolux
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. LG Corporation
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Mitsubishi Electric Corp.
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Ingersoll Rand PLC.
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Qingdao Haier Co., Ltd.
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. INTRODUCTION
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. MARKET LANDSCAPE
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global HVAC market shares analysis, 2014-2025
3.4.1. Global HVAC market shares by component type, 2014-2025
3.4.2. Global HVAC market shares by application, 2014-2025
3.4.3. Global HVAC market shares by geography, 2014-2025
4. GLOBAL HVAC MARKET BY COMPONENT TYPE
4.1. Heating
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Air-conditioning
4.2.1. Historical market size by region, 2014-2016
4.2.2. Market forecast by region, 2017-2025
4.3. Ventilating equipment
4.3.1. Historical market size by region, 2014-2016
4.3.2. Market forecast by region, 2017-2025
5. GLOBAL HVAC MARKET BY APPLICATION
5.1. Residential
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Commercial
5.2.1. Historical market size by region, 2014-2016
5.2.2. Market forecast by region, 2017-2025
5.3. Industrial
5.3.1. Historical market size by region, 2014-2016
5.3.2. Market forecast by region, 2017-2025
6. GLOBAL HVAC MARKET BY GEOGRAPHY
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical market size, 2014-2016
6.1.1.2. Market forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical market size, 2014-2016
6.1.2.2. Market forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical market size, 2014-2016
6.1.3.2. Market forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical market size, 2014-2016
6.2.1.2. Market forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical market size, 2014-2016
6.2.2.2. Market forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical market size, 2014-2016
6.2.3.2. Market forecast, 2017-2025
6.2.4. Italy
6.2.4.1. Historical market size, 2014-2016
6.2.4.2. Market forecast, 2017-2025
6.2.5. Rest of Europe
6.2.5.1. Historical market size, 2014-2016
6.2.5.2. Market forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical market size, 2014-2016
6.3.1.2. Market forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical market size, 2014-2016
6.3.2.2. Market forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical market size, 2014-2016
6.3.3.2. Market forecast, 2017-2025
6.3.4. Rest of Asia-Pacific
6.3.4.1. Historical market size, 2014-2016
6.3.4.2. Market forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical market size, 2014-2016
6.4.1.2. Market forecast, 2017-2025
6.4.2. Saudi Arabia
6.4.2.1. Historical market size, 2014-2016
6.4.2.2. Market forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical market size, 2014-2016
6.4.3.2. Market forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical market size, 2014-2016
6.4.4.2. Market forecast, 2017-2025
7. COMPANY PROFILES
7.1. Daikin Industries Ltd.
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Johnson Controls, Inc.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Whirlpool Corporation
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. United Technologies Corp.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Qingdao Haier Co. Ltd.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. AB Electrolux
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. LG Corporation
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Mitsubishi Electric Corp.
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Ingersoll Rand PLC.
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Qingdao Haier Co., Ltd.
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments
LIST OF TABLES
Table 1. HVAC Market Share, by Component Type, 2014-2025
Table 2. HVAC Market Share, by Application, 2014-2025
Table 3. HVAC Market Value for Heating, by Region, 2017-2025, $million
Table 4. HVAC Market Value for Air-Conditioning, by Region, 2017-2025, $million
Table 5. HVAC Market Value for Ventilating Equipment, by Region, 2017-2025, $million
Table 6. HVAC Market Value for Commercial, by Region, 2017-2025, $million
Table 7. HVAC Market Value for Industrial, by Region, 2017-2025, $million
Table 8. HVAC Market Value for North America, by Country, 2014-2025, $million
Table 9. HVAC Market Value for North America, by Component Type, 2014-2025, $million
Table 10. HVAC Market Value for North America, by Application, 2014-2025, $million
Table 11. HVAC Market Value for Europe, by Country, 2014-2025, $million
Table 12. HVAC Market Value for Europe, by Component Type, 2014-2025, $million
Table 13. HVAC Market Value for Europe, by Application, 2014-2025, $million
Table 14. HVAC Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 15. HVAC Market Value for Asia-Pacific, by Component Type, 2014-2025, $million
Table 16. HVAC Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 17. HVAC Market Value for LAMEA, by Country, 2014-2025, $million
Table 18. HVAC Market Value for LAMEA, by Component Type, 2014-2025, $million
Table 19. HVAC Market Value for LAMEA, by Application, 2014-2025, $million
Table 20. Daikin Industries Ltd. - Company Snapshot
Table 21. Johnson Controls, Inc. - Company Snapshot
Table 22. United Technologies Corp. - Company Snapshot
Table 23. Qingdao Haier Co. , Ltd. - Company Snapshot
Table 24. AB Electrolux - Company Snapshot
Table 25. LG Corporation - Company Snapshot
Table 26. Mitsubishi Electric Corp. - Company Snapshot
Table 27. Ingersoll Rand PLC. - Company Snapshot
Table 28. Qingdao Haier Co. , Ltd. - Company Snapshot
Table 29. Whirlpool Corporation - Company Snapshot
Table 1. HVAC Market Share, by Component Type, 2014-2025
Table 2. HVAC Market Share, by Application, 2014-2025
Table 3. HVAC Market Value for Heating, by Region, 2017-2025, $million
Table 4. HVAC Market Value for Air-Conditioning, by Region, 2017-2025, $million
Table 5. HVAC Market Value for Ventilating Equipment, by Region, 2017-2025, $million
Table 6. HVAC Market Value for Commercial, by Region, 2017-2025, $million
Table 7. HVAC Market Value for Industrial, by Region, 2017-2025, $million
Table 8. HVAC Market Value for North America, by Country, 2014-2025, $million
Table 9. HVAC Market Value for North America, by Component Type, 2014-2025, $million
Table 10. HVAC Market Value for North America, by Application, 2014-2025, $million
Table 11. HVAC Market Value for Europe, by Country, 2014-2025, $million
Table 12. HVAC Market Value for Europe, by Component Type, 2014-2025, $million
Table 13. HVAC Market Value for Europe, by Application, 2014-2025, $million
Table 14. HVAC Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 15. HVAC Market Value for Asia-Pacific, by Component Type, 2014-2025, $million
Table 16. HVAC Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 17. HVAC Market Value for LAMEA, by Country, 2014-2025, $million
Table 18. HVAC Market Value for LAMEA, by Component Type, 2014-2025, $million
Table 19. HVAC Market Value for LAMEA, by Application, 2014-2025, $million
Table 20. Daikin Industries Ltd. - Company Snapshot
Table 21. Johnson Controls, Inc. - Company Snapshot
Table 22. United Technologies Corp. - Company Snapshot
Table 23. Qingdao Haier Co. , Ltd. - Company Snapshot
Table 24. AB Electrolux - Company Snapshot
Table 25. LG Corporation - Company Snapshot
Table 26. Mitsubishi Electric Corp. - Company Snapshot
Table 27. Ingersoll Rand PLC. - Company Snapshot
Table 28. Qingdao Haier Co. , Ltd. - Company Snapshot
Table 29. Whirlpool Corporation - Company Snapshot
LIST OF FIGURES
Figure 1. HVAC: Heating Market Value, 2014-2016, $million
Figure 2. HVAC: Air-Conditioning Market Value, 2014-2016, $million
Figure 3. HVAC: Ventilating Equipment Market Value, 2014-2016, $million
Figure 4. HVAC: Commercial Market Value, 2014-2016, $million
Figure 5. HVAC: Industrial Market Value, 2014-2016, $million
Figure 6. HVAC: U.S. Market Value, 2014-2016, $million
Figure 7. HVAC: U.S. Market Value, 2017-2025, $million
Figure 8. HVAC: Canada Market Value, 2014-2016, $million
Figure 9. HVAC: Canada Market Value, 2017-2025, $million
Figure 10. HVAC: Mexico Market Value, 2014-2016, $million
Figure 11. HVAC: Mexico Market Value, 2017-2025, $million
Figure 12. HVAC: UK Market Value, 2014-2016, $million
Figure 13. HVAC: UK Market Value, 2017-2025, $million
Figure 14. HVAC: Germany Market Value, 2014-2016, $million
Figure 15. HVAC: Germany Market Value, 2017-2025, $million
Figure 16. HVAC: France Market Value, 2014-2016, $million
Figure 17. HVAC: France Market Value, 2017-2025, $million
Figure 18. HVAC: Italy Market Value, 2014-2016, $million
Figure 19. HVAC: Italy Market Value, 2017-2025, $million
Figure 20. HVAC: Rest of Europe Market Value, 2014-2016, $million
Figure 21. HVAC: Rest of Europe Market Value, 2017-2025, $million
Figure 22. HVAC: China Market Value, 2014-2016, $million
Figure 23. HVAC: China Market Value, 2017-2025, $million
Figure 24. HVAC: Japan Market Value, 2014-2016, $million
Figure 25. HVAC: Japan Market Value, 2017-2025, $million
Figure 26. HVAC: India Market Value, 2014-2016, $million
Figure 27. HVAC: India Market Value, 2017-2025, $million
Figure 28. HVAC: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 29. HVAC: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 30. HVAC: Brazil Market Value, 2014-2016, $million
Figure 31. HVAC: Brazil Market Value, 2017-2025, $million
Figure 32. HVAC: Saudi Arabia Market Value, 2014-2016, $million
Figure 33. HVAC: Saudi Arabia Market Value, 2017-2025, $million
Figure 34. HVAC: South Africa Market Value, 2014-2016, $million
Figure 35. HVAC: South Africa Market Value, 2017-2025, $million
Figure 36. HVAC: Rest of LAMEA Market Value, 2014-2016, $million
Figure 37. HVAC: Rest of LAMEA Market Value, 2017-2025, $million
COMPANIES MENTIONED
The top players in the global HVAC equipment market include Daikin Industries Ltd., Johnson Controls, Inc., United Technologies Corp., Qingdao Haier Co., Ltd., AB Electrolux, LG Corporation, Mitsubishi Electric Corp., Ingersoll Rand PLC., Qingdao Haier Co., Ltd., and Whirlpool Corporation.
Figure 1. HVAC: Heating Market Value, 2014-2016, $million
Figure 2. HVAC: Air-Conditioning Market Value, 2014-2016, $million
Figure 3. HVAC: Ventilating Equipment Market Value, 2014-2016, $million
Figure 4. HVAC: Commercial Market Value, 2014-2016, $million
Figure 5. HVAC: Industrial Market Value, 2014-2016, $million
Figure 6. HVAC: U.S. Market Value, 2014-2016, $million
Figure 7. HVAC: U.S. Market Value, 2017-2025, $million
Figure 8. HVAC: Canada Market Value, 2014-2016, $million
Figure 9. HVAC: Canada Market Value, 2017-2025, $million
Figure 10. HVAC: Mexico Market Value, 2014-2016, $million
Figure 11. HVAC: Mexico Market Value, 2017-2025, $million
Figure 12. HVAC: UK Market Value, 2014-2016, $million
Figure 13. HVAC: UK Market Value, 2017-2025, $million
Figure 14. HVAC: Germany Market Value, 2014-2016, $million
Figure 15. HVAC: Germany Market Value, 2017-2025, $million
Figure 16. HVAC: France Market Value, 2014-2016, $million
Figure 17. HVAC: France Market Value, 2017-2025, $million
Figure 18. HVAC: Italy Market Value, 2014-2016, $million
Figure 19. HVAC: Italy Market Value, 2017-2025, $million
Figure 20. HVAC: Rest of Europe Market Value, 2014-2016, $million
Figure 21. HVAC: Rest of Europe Market Value, 2017-2025, $million
Figure 22. HVAC: China Market Value, 2014-2016, $million
Figure 23. HVAC: China Market Value, 2017-2025, $million
Figure 24. HVAC: Japan Market Value, 2014-2016, $million
Figure 25. HVAC: Japan Market Value, 2017-2025, $million
Figure 26. HVAC: India Market Value, 2014-2016, $million
Figure 27. HVAC: India Market Value, 2017-2025, $million
Figure 28. HVAC: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 29. HVAC: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 30. HVAC: Brazil Market Value, 2014-2016, $million
Figure 31. HVAC: Brazil Market Value, 2017-2025, $million
Figure 32. HVAC: Saudi Arabia Market Value, 2014-2016, $million
Figure 33. HVAC: Saudi Arabia Market Value, 2017-2025, $million
Figure 34. HVAC: South Africa Market Value, 2014-2016, $million
Figure 35. HVAC: South Africa Market Value, 2017-2025, $million
Figure 36. HVAC: Rest of LAMEA Market Value, 2014-2016, $million
Figure 37. HVAC: Rest of LAMEA Market Value, 2017-2025, $million
COMPANIES MENTIONED
The top players in the global HVAC equipment market include Daikin Industries Ltd., Johnson Controls, Inc., United Technologies Corp., Qingdao Haier Co., Ltd., AB Electrolux, LG Corporation, Mitsubishi Electric Corp., Ingersoll Rand PLC., Qingdao Haier Co., Ltd., and Whirlpool Corporation.
