Report Highlights
The global heating ventilation and air conditioning (HVAC) systems market should reach $133.2 billion by 2023 from $93.2 billion in 2018 at a compound annual growth rate (CAGR) of 6.2%, from 2018 to 2023.
Report Includes
- 26 data tables and 17 additional tables
- An industry analysis of the global markets for heating, ventilation and air conditioning (HVAC) systems within the industry
- Country specific data and analysis for United States, Canada, France, Germany, U.K., Spain, China, India, Japan, Brazil and South Africa
- Market breakdown of the global HVAC systems by system types, end-user applications, implementation types and geographical regions
- Discussion of technological, regulatory and competitive factors, along with economic trends and regional dynamics that are affecting the market
- Detailed profiles of the major vendors in the global HVAC systems market, including AAON Inc., Daikin Industries, Ltd., Danfoss Group, Honeywell International Inc., Hitachi Ltd., Johnson Controls Inc., LG Electronics, and Lennox International
Report Scope
The research study includes market information on HVAC systems and its key segments including type, end-user application, implementation type and regions.
This comprehensive report reviews the global market for the heating, ventilation and air-conditioning (HVAC) systems. The study analyzes global market trends, presents data from 2016, 2017 (base year), forecasts data for the period 2018-2023, and estimates the CAGR percentage for the forecast period.
The report discusses the technological, regulatory, competitive factors, and economic trends impacting the market. Further, it explains the major drivers and regional dynamics of the global HVAC systems market and current industry trends.
The report also reviews types of HVAC systems including central HVAC systems (traditional) and Smart HVAC systems. The implementation type segment includes retrofit and new constructions. The report also analyzes end-user application areas such as Residential, Commercial, Industrial and Other applications. Finally, it also profiles key vendors in the global HVAC systems market.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Global Markets, Technologies and Materials for Thin and Ultrathin Films (SMC057D)
- Molecular Farming: Global Markets (CHM187A)
- Exosome Diagnostics, Therapeutics and Research Tools: Global Markets (BIO149E)
- Global Skin Allergy Testing Market (MDS104A)
- Global Aircraft Recycling Market (AVM250A)
Related Reports
Industrial Furnaces: Global Markets
The global market for industrial furnaces is expected to grow from $11.8 billion in 2023 to $14.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.5% from 2023 through 2028.
U.S. Indoor Air Quality Market
BCC Market Research Report says U.S. indoor air quality market is projected to grow from $9.8 billion in 2022 to $11.9 billion in 2027 at a (CAGR) of 4.1%.
Refrigerants: Global Markets
The global refrigerants market should reach $27.2 billion by 2025 from $20.5 billion in 2020 at a compound annual growth rate (CAGR) of 5.8% for the forecast period of 2020 to 2025.
Compressors: Technologies and Global Markets to 2023
The global market for compressors should grow from $36.3 billion in 2018 to $46.1 billion by 2023 at a compound annual growth rate (CAGR) of 4.9% for the period of 2018-2023.
Recent Reports
Industrial Furnaces: Global Markets
The global market for industrial furnaces is expected to grow from $11.8 billion in 2023 to $14.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.5% from 2023 through 2028.
Smart Parking Technologies and Global Markets
The global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028, with a compound annual growth rate (CAGR) of 18.1% during the forecast period of 2023-2028.
Automotive Electronics: Global Markets for IC Engine and EVs
The global market for automotive electronics is estimated to increase from $337.9 billion in 2023 to reach $508.0 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% during the forecast period of 2023-2028.
Flexible Green Packaging: Global Markets
The global market for flexible green packaging is estimated to increase from $235.1 billion in 2022 to $317.6 billion by 2027, at a compound annual growth rate (CAGR) of 6.2% from 2022 through 2027.
Digital Twin Market
The global market for digital twins is estimated to increase from $4.9 billion in 2021 to about $50.2 billion by 2026, at a compound annual growth rate (CAGR) of 59.0% during the forecast period of 2021-2026.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $14.7 billion in 2022 to $21.7 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% from 2022 through 2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More