1. Market Research
  2. > Construction
  3. > Building Products Market Trends
  4. > HVAC

HVAC Market Research Reports: Latest HVAC Industry Trends & Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
48 votes

Global HVAC Industry

The global heating, ventilation, and air-conditioning (HVAC) equipment market dominates the sales of the building products industry.

US market recovery will lead demand. Room air conditioners will lead growth and window-type air conditioner demand will be fuelled by growing levels of income in Asia. Mini-split room air conditioners will witness growing demand in Western Europe.

Growing non-residential construction spending will bolster gains for other cooling equipment, including chillers. China dominates HVAC equipment supply, benefiting from cheaper labor that allows Chinese suppliers to offer more competitive prices. China is an important supplier in the room air conditioner market, with equipment being shipped to Asia and also further afield to Western Europe and the US.

Market HVAC Segments

The global automotive HVAC market growth is fuelled by the declining expense of compact HVAC systems for compact vehicle market segments. Current trends in the world automotive HVAC sector include HVAC component integration to improve space utilization in products. Obstacles to market growth include the need for original equipment manufacturers to offer more powerful, compact and efficient HVAC systems for use in small segment cars with limited engine capacities. Leading outfits currently operating in the global HVAC market include Denso, Behr, Visteon, and Valeo.

The world ventilation and accessory set industry is growth is fuelled by the rising number of people suffering from respiratory diseases in developed and emerging economies. Obstacles to market growth include the Prospective Payment System (PPS) restriction. After-sales service is playing an increasingly important role in the global ventilation and accessory set market. Leading players present in the market include Newport, Maquet, Draeger Medical, Hamilton Medical, Resmed, Covidien, Carefusion, and Respironics.

Regional HVAC Market Share

Asia-Pacific is set to post the highest increase in HVAC equipment demand. China’s HVAC market will outpace growth in other regions, and will also account for the lion’s share of world demand.

India will similarly post a strong increase in demand over the same period, fuelled by rising levels of income. Though HVAC equipment demand in the US will be weaker in relative terms in the short term.

US HVAC equipment demand will be driven by rising residential building construction spending. Growth in other developed countries such as Japan and Canada will be slower due to less-impressive construction gains and higher penetration rates. Western Europe’s low ownership rates represent good potential, compared with other industrialized regions.

EU central air conditioning systems manufacturers are led by France, Italy, and Germany. Within the EU, Italy dominates the manufacturing of central air conditioning systems. Emerging manufacturing nations such as Turkey and the Czech Republic are expected to maintain double-digit growth. The recession has slowed growth in the central air conditioning industry across much of the EU apart from the UK, Spain, Turkey, Czech Republic and Italy.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+44 208 068 8943

120 Reports
Demand, Supply, Company
410 Statistics
Market Size, Demand, Supply
860 Reports
Demand, Supply, Company
2600 Statistics
Market Size, Demand, Supply
56 Reports
Demand, Supply, Market Size
260 Statistics
Market Size, Demand, Supply
40 Reports
Demand, Supply, Company Financials
150 Statistics
Market Size, Demand, Supply
59 Reports
Demand, Supply, Market Size
190 Statistics
Market Size, Demand, Supply
48 Reports
Demand, Supply, Market Size
200 Statistics
Market Size, Demand, Supply
43 Reports
Demand, Supply, Company
130 Statistics
Market Size, Demand, Supply
53 Reports
Demand, Supply, Company
140 Statistics
Market Size, Demand, Supply
4 Reports
Demand, Supply, Company Financials
110 Statistics
Market Size, Demand, Finance
25 Reports
Demand, Supply, Company Financials
54 Statistics
Market Size, Demand, Supply
Search in Hvac Industry (About 12000 reports)
Parent industry: Building Products
Related industries: Smart Home

About 2000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 24189)

Residential Ventilation Systems in Europe Top 8

Residential Ventilation Systems in Europe Top 8

  • $ 24189
  • Industry report
  • May 2017

The report IC Market Tracking Residential Ventilation Systems analyzes the market of ventilation control systems and the manufacturers of these products. You get an overview of the development of the total ...

World Water Heater Markets to 2021 $ 26587 August 2017

World Domestic Heating and Ventilation Appliance Market ... $ 26587 August 2017

Air Conditioner Markets in the World to 2022 - Market S ... $ 22464 January 2018

Domestic Heating and Ventilation Appliance Markets in E ... $ 13287 August 2017

Water Heater Markets in Europe to 2021 $ 13287 August 2017

Air Conditioner Markets in Europe to 2022 - Market Size ... $ 12090 January 2018

Domestic Heating and Ventilation Appliance Markets in E ... $ 10228 August 2017

Water Heater Markets in Eastern Europe to 2021 $ 10228 August 2017

Water Heater Markets in Asia to 2021 $ 10228 August 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on