Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
HVAC Equipment Market Report by Type (Heating, Air Conditioning, Ventilation, and Others), System Type (Central, Decentralized), End User (Residential, Commercial, Industrial), and Region 2025-2033
Report Format: PDF+Excel | Report ID: SR112024A6318
Buy Now
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global HVAC Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Heating
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Air Conditioning
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ventilation
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by System Type
7.1 Central
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 All-Air Systems
7.1.2.2 All-Water Systems
7.1.2.3 Air-Water Systems
7.1.2.4 Water-Source Heat Pumps
7.1.2.5 Heating and Cooling Panels
7.1.3 Market Forecast
7.2 Decentralized
7.2.1 Market Trends
7.2.2 Key Segments
7.2.2.1 Local Heating Systems
7.2.2.2 Local Cooling Systems
7.2.2.3 Local Ventilation Systems
7.2.2.4 Local Air-Conditioning Systems
7.2.2.5 Split Systems
7.2.3 Market Forecast
8 Market Breakup by End User
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Carrier Global Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Daikin Industries Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Danfoss AS
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 SWOT Analysis
14.3.4 Emerson Electric Co.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Honeywell International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Johnson Controls International
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Lennox International Inc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 LG Electronics Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Mitsubishi Electric Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Panasonic Holdings Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Samsung Electronics Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Trane Technologies plc
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Whirlpool Corporation
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: HVAC Equipment Market: Major Drivers and Challenges
Figure 2: Global: HVAC Equipment Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: HVAC Equipment Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: HVAC Equipment Market: Breakup by Type (in %), 2024
Figure 5: Global: HVAC Equipment Market: Breakup by System Type (in %), 2024
Figure 6: Global: HVAC Equipment Market: Breakup by End User (in %), 2024
Figure 7: Global: HVAC Equipment Market: Breakup by Region (in %), 2024
Figure 8: Global: HVAC Equipment (Heating) Market: Sales Value (in Million USD), 2019 & 2024
Figure 9: Global: HVAC Equipment (Heating) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 10: Global: HVAC Equipment (Air Conditioning) Market: Sales Value (in Million USD), 2019 & 2024
Figure 11: Global: HVAC Equipment (Air Conditioning) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 12: Global: HVAC Equipment (Ventilation) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: HVAC Equipment (Ventilation) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: HVAC Equipment (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: HVAC Equipment (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: HVAC Equipment (Central) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: HVAC Equipment (Central) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: HVAC Equipment (Decentralized) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: HVAC Equipment (Decentralized) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: HVAC Equipment (Residential) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: HVAC Equipment (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: HVAC Equipment (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: HVAC Equipment (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: HVAC Equipment (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: HVAC Equipment (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: North America: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: North America: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: United States: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: United States: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Canada: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Canada: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Asia-Pacific: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Asia-Pacific: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: China: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: China: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: Japan: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: Japan: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: India: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: India: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: South Korea: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: South Korea: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Australia: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Australia: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Indonesia: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Indonesia: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: Others: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: Others: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 48: Europe: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 49: Europe: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 50: Germany: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 51: Germany: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 52: France: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 53: France: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 54: United Kingdom: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 55: United Kingdom: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 56: Italy: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 57: Italy: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 58: Spain: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 59: Spain: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 60: Russia: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 61: Russia: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 62: Others: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 63: Others: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 64: Latin America: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 65: Latin America: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 66: Brazil: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 67: Brazil: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 68: Mexico: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 69: Mexico: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 70: Others: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 71: Others: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 72: Middle East and Africa: HVAC Equipment Market: Sales Value (in Million USD), 2019 & 2024
Figure 73: Middle East and Africa: HVAC Equipment Market: Breakup by Country (in %), 2024
Figure 74: Middle East and Africa: HVAC Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 75: Global: HVAC Equipment Industry: SWOT Analysis
Figure 76: Global: HVAC Equipment Industry: Value Chain Analysis
Figure 77: Global: HVAC Equipment Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: HVAC Equipment Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: HVAC Equipment Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 3: Global: HVAC Equipment Market Forecast: Breakup by System Type (in Million USD), 2025-2033
Table 4: Global: HVAC Equipment Market Forecast: Breakup by End User (in Million USD), 2025-2033
Table 5: Global: HVAC Equipment Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 6: Global: HVAC Equipment Market: Competitive Structure
Table 7: Global: HVAC Equipment Market: Key Players
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More