Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 73 Pages
Report ld: 4232094
Request Sample
Customized Report
HVAC Equipment Market Size(US$)

CAGR 2025-2031
6.1%
Market Size,2031
USD 227,320
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global HVAC Equipment market size was US$ 151250 million in 2024 and is forecast to a readjusted size of US$ 227320 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
Rising population has opened up new avenues for the global HVAC equipment market. Regions like Asia-Pacific are witnessing rapid growth in residential properties, with China and India in the driver’s seat. The largest producer of HVAC equipment is China. It is highly influenced by increasing construction expenditure and rising industrialization. Latest technological breakthroughs have assisted the advancement of new HVAC equipment in the residential segment across the world. This can make the overall processes more efficient, and can significantly improve accuracy in various applications. Growing number of housing units are opening up new arenas for HVAC equipment installations. The residential segment is poised to grow at a faster rate and air conditioner manufacturers were able to increase their top line in Asia-Pacific, because of increase in atmospheric temperature in the region. Inverter ACs are expected to be adopted more in India, as the region is struggling with power shortage; even cities have regular power cuts. All these factors are delivering and creating an impact in the residential market.
The global HVAC Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global HVAC Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales and revenue of HVAC Equipment in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.
Chapter 3: Detailed analysis of HVAC Equipment manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Region analysis by company, by customer, by Type, by Application, sales, revenue, and price for each segment,
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, HVAC Equipment revenue, gross margin, and recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales channels analysis
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 HVAC Equipment Product Scope
1.2 HVAC Equipment by Type
1.2.1 Global HVAC Equipment Sales by Type (2020 & 2024 & 2031)
1.2.2 Furnace
1.2.3 Heat Pump
1.2.4 Central Air Conditioning
1.2.5 Room Air Conditioning
1.2.6 Others
1.3 HVAC Equipment by Application
1.3.1 Global HVAC Equipment Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Non-Residential
1.3.3 Residential
1.4 Global HVAC Equipment Market Estimates and Forecasts (2020-2031)
1.4.1 Global HVAC Equipment Market Size in Value Growth Rate (2020-2031)
1.4.2 Global HVAC Equipment Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global HVAC Equipment Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global HVAC Equipment Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global HVAC Equipment Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global HVAC Equipment Sales Market Share by Region (2020-2025)
2.2.2 Global HVAC Equipment Revenue Market Share by Region (2020-2025)
2.3 Global HVAC Equipment Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global HVAC Equipment Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global HVAC Equipment Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America HVAC Equipment Market Size and Prospective (2020-2031)
2.4.2 Europe HVAC Equipment Market Size and Prospective (2020-2031)
2.4.3 China HVAC Equipment Market Size and Prospective (2020-2031)
2.4.4 Japan HVAC Equipment Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global HVAC Equipment Historic Market Review by Type (2020-2025)
3.1.1 Global HVAC Equipment Sales by Type (2020-2025)
3.1.2 Global HVAC Equipment Revenue by Type (2020-2025)
3.1.3 Global HVAC Equipment Price by Type (2020-2025)
3.2 Global HVAC Equipment Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global HVAC Equipment Sales Forecast by Type (2026-2031)
3.2.2 Global HVAC Equipment Revenue Forecast by Type (2026-2031)
3.2.3 Global HVAC Equipment Price Forecast by Type (2026-2031)
3.3 Different Types HVAC Equipment Representative Players
4 Global Market Size by Application
4.1 Global HVAC Equipment Historic Market Review by Application (2020-2025)
4.1.1 Global HVAC Equipment Sales by Application (2020-2025)
4.1.2 Global HVAC Equipment Revenue by Application (2020-2025)
4.1.3 Global HVAC Equipment Price by Application (2020-2025)
4.2 Global HVAC Equipment Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global HVAC Equipment Sales Forecast by Application (2026-2031)
4.2.2 Global HVAC Equipment Revenue Forecast by Application (2026-2031)
4.2.3 Global HVAC Equipment Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in HVAC Equipment Application
5 Competition Landscape by Players
5.1 Global HVAC Equipment Sales by Players (2020-2025)
5.2 Global Top HVAC Equipment Players by Revenue (2020-2025)
5.3 Global HVAC Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in HVAC Equipment as of 2024)
5.4 Global HVAC Equipment Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of HVAC Equipment, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of HVAC Equipment, Product Type & Application
5.7 Global Key Manufacturers of HVAC Equipment, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America HVAC Equipment Sales by Company
6.1.1.1 North America HVAC Equipment Sales by Company (2020-2025)
6.1.1.2 North America HVAC Equipment Revenue by Company (2020-2025)
6.1.2 North America HVAC Equipment Sales Breakdown by Type (2020-2025)
6.1.3 North America HVAC Equipment Sales Breakdown by Application (2020-2025)
6.1.4 North America HVAC Equipment Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe HVAC Equipment Sales by Company
6.2.1.1 Europe HVAC Equipment Sales by Company (2020-2025)
6.2.1.2 Europe HVAC Equipment Revenue by Company (2020-2025)
6.2.2 Europe HVAC Equipment Sales Breakdown by Type (2020-2025)
6.2.3 Europe HVAC Equipment Sales Breakdown by Application (2020-2025)
6.2.4 Europe HVAC Equipment Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China HVAC Equipment Sales by Company
6.3.1.1 China HVAC Equipment Sales by Company (2020-2025)
6.3.1.2 China HVAC Equipment Revenue by Company (2020-2025)
6.3.2 China HVAC Equipment Sales Breakdown by Type (2020-2025)
6.3.3 China HVAC Equipment Sales Breakdown by Application (2020-2025)
6.3.4 China HVAC Equipment Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan HVAC Equipment Sales by Company
6.4.1.1 Japan HVAC Equipment Sales by Company (2020-2025)
6.4.1.2 Japan HVAC Equipment Revenue by Company (2020-2025)
6.4.2 Japan HVAC Equipment Sales Breakdown by Type (2020-2025)
6.4.3 Japan HVAC Equipment Sales Breakdown by Application (2020-2025)
6.4.4 Japan HVAC Equipment Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Carrier
7.1.1 Carrier Company Information
7.1.2 Carrier Business Overview
7.1.3 Carrier HVAC Equipment Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Carrier HVAC Equipment Products Offered
7.1.5 Carrier Recent Development
7.2 DAIKIN INDUSTRIES
7.2.1 DAIKIN INDUSTRIES Company Information
7.2.2 DAIKIN INDUSTRIES Business Overview
7.2.3 DAIKIN INDUSTRIES HVAC Equipment Sales, Revenue and Gross Margin (2020-2025)
7.2.4 DAIKIN INDUSTRIES HVAC Equipment Products Offered
7.2.5 DAIKIN INDUSTRIES Recent Development
7.3 Ingersoll Rand
7.3.1 Ingersoll Rand Company Information
7.3.2 Ingersoll Rand Business Overview
7.3.3 Ingersoll Rand HVAC Equipment Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Ingersoll Rand HVAC Equipment Products Offered
7.3.5 Ingersoll Rand Recent Development
7.4 Johnson Controls
7.4.1 Johnson Controls Company Information
7.4.2 Johnson Controls Business Overview
7.4.3 Johnson Controls HVAC Equipment Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Johnson Controls HVAC Equipment Products Offered
7.4.5 Johnson Controls Recent Development
7.5 LG Electronics
7.5.1 LG Electronics Company Information
7.5.2 LG Electronics Business Overview
7.5.3 LG Electronics HVAC Equipment Sales, Revenue and Gross Margin (2020-2025)
7.5.4 LG Electronics HVAC Equipment Products Offered
7.5.5 LG Electronics Recent Development
8 HVAC Equipment Manufacturing Cost Analysis
8.1 HVAC Equipment Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of HVAC Equipment
8.4 HVAC Equipment Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 HVAC Equipment Distributors List
9.3 HVAC Equipment Customers
10 HVAC Equipment Market Dynamics
10.1 HVAC Equipment Industry Trends
10.2 HVAC Equipment Market Drivers
10.3 HVAC Equipment Market Challenges
10.4 HVAC Equipment Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global market for HVAC Equipment was estimated to be worth US$ 159530 million in 2025 and is projected to reach US$ 239760 million, growing at a CAGR of 6.1% from 2026 to 2032.
Published Date: 2026-07-15
Pages: 123
USD 3950.00
(Single User License)
The global HVAC Equipment market was valued at US$ 159530 million in 2025 and is anticipated to reach US$ 239760 million by 2032, at a CAGR of 6.1% from 2026 to 2032.
Published Date: 2026-04-28
Pages: 124
USD 2900.00
(Single User License)
The global HVAC Equipment market is projected to grow from US$ 151250 million in 2024 to US$ 227320 million by 2031, at a CAGR of 6.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-30
Pages: 129
USD 4900.00
(Single User License)
The global market for HVAC Equipment was estimated to be worth US$ 151250 million in 2024 and is forecast to a readjusted size of US$ 227320 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
Published Date: 2025-02-25
Pages: 88
USD 3950.00
(Single User License)
The global market for HVAC Equipment was valued at US$ 151250 million in the year 2024 and is projected to reach a revised size of US$ 227320 million by 2031, growing at a CAGR of 6.1% during the forecast period.
Published Date: 2025-02-25
Pages: 78
USD 2900.00
(Single User License)
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
Published Date: 2024-04-22
Pages: 90
USD 4900.00
(Single User License)
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
Published Date: 2024-01-05
Pages: 85
USD 2900.00
(Single User License)
The global market for HVAC Equipment was estimated to be worth US$ 159530 million in 2025 and is projected to reach US$ 239760 million, growing at a CAGR of 6.1% from 2026 to 2032.
Published: 2026-07-15
Pages: 123
The global HVAC Equipment market was valued at US$ 159530 million in 2025 and is anticipated to reach US$ 239760 million by 2032, at a CAGR of 6.1% from 2026 to 2032.
Published: 2026-04-28
Pages: 124
The global HVAC Equipment market is projected to grow from US$ 151250 million in 2024 to US$ 227320 million by 2031, at a CAGR of 6.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-30
Pages: 129
The global market for HVAC Equipment was estimated to be worth US$ 151250 million in 2024 and is forecast to a readjusted size of US$ 227320 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
Published: 2025-02-25
Pages: 88
The global market for HVAC Equipment was valued at US$ 151250 million in the year 2024 and is projected to reach a revised size of US$ 227320 million by 2031, growing at a CAGR of 6.1% during the forecast period.
Published: 2025-02-25
Pages: 78
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
Published: 2024-04-22
Pages: 90
In residential, industrial or commercial buildings, heating or cooling is implemented by heating, ventilation, and air conditioning (HVAC) equipment.
Published: 2024-01-05
Pages: 85
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now