HVAC Equipment Market (Product Type: Heating Equipment, Cooling Equipment, and Air Delivery Equipment; and Application: Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Publish Date: Oct 2022

Report Code: TMR3391A

Publisher: Transparency

Single User License: $5795

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Report Highlights

HVAC Equipment Market – Scope of Report

TMR’s report on the global HVAC equipment market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global HVAC equipment market for the period 2017–2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global HVAC equipment market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the HVAC equipment market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global HVAC equipment market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global HVAC equipment market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global HVAC equipment market.

The report delves into the competitive landscape of the global HVAC equipment market. Key players operating in the global HVAC equipment market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global HVAC equipment market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market HVAC equipment.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

  • Industry Sources:
  • WorldWideScience.org
  • Elsevier, Inc.
  • National Institutes of Health (NIH)
  • PubMed
  • NCBI
  • Department of Health Care Service
  • Trade Data Sources
  • Trade Map
  • UN Comtrade
  • Trade Atlas
  • Company Information
  • OneSource Business Browser
  • Hoover’s
  • Factiva
  • Bloomberg
  • Mergers & Acquisitions
  • Thomson Mergers & Acquisitions
  • MergerStat
  • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd.
  • IBA Worldwide
  • Mevion Medical Systems, Inc.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2031
Growth rate 5.80%
Units considered $ Billion
Segments covered By Product Type, By Application, By Region
Industry covered Factory Automation
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies studied
  • Hitachi Ltd.,
  • Daikin Industries, Ltd.,
  • Hubei Donper Electromechanical Group Co. Ltd.,
  • Fujitsu General Ltd.,
  • Gree Electric Appliances, Inc. of Zhuhai,
  • Moon Environment Technology Co., Ltd.,
  • Ingersoll-Rand,
  • Mitsubishi Electric Corporation,
  • Panasonic Corporation,
  • Sanden Holdings Corp.

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

  • Table 1 : Global HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Table 2 : Global HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 3 : Global HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Table 4 : Global HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 5 : Global HVAC Equipment Market Value, by Region, US$ Bn, 2017-2031
  • Table 6 : Global HVAC Equipment Market Volume, by Region, Thousand Units,2017-2031
  • Table 7 : North America HVAC Equipment Market Volume, by Product Type, US$ Bn, 2017-2031
  • Table 8 : North America HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 9 : North America HVAC Equipment Market Volume, by Application, US$ Bn, 2017-2031
  • Table 10 : North America HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 11 : North America HVAC Equipment Market Volume, by Country, US$ Bn, 2017-2031
  • Table 12 : North America HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Table 13 : Europe HVAC Equipment Market Volume, by Product Type, US$ Bn, 2017-2031
  • Table 14 : Europe HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 15 : Europe HVAC Equipment Market Volume, by Application, US$ Bn, 2017-2031
  • Table 16 : Europe HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 17 : Europe HVAC Equipment Market Volume, by Country, US$ Bn, 2017-2031
  • Table 18 : Europe HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Table 19 : Asia Pacific HVAC Equipment Market Volume, by Product Type, US$ Bn, 2017-2031
  • Table 20 : Asia Pacific HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 21 : Asia Pacific HVAC Equipment Market Volume, by Application, US$ Bn, 2017-2031
  • Table 22 : Asia Pacific HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 23 : Asia Pacific HVAC Equipment Market Volume, by Country, US$ Bn, 2017-2031
  • Table 24 : Asia Pacific HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Table 25 : Middle East & Africa HVAC Equipment Market Volume, by Product Type, US$ Bn, 2017-2031
  • Table 26 : Middle East & Africa HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 27 : Middle East & Africa HVAC Equipment Market Volume, by Application, US$ Bn, 2017-2031
  • Table 28 : Middle East & Africa HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 29 : Middle East & Africa HVAC Equipment Market Volume, by Country, US$ Bn, 2017-2031
  • Table 30 : Middle East & Africa HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Table 31 : South America HVAC Equipment Market Volume, by Product Type, US$ Bn, 2017-2031
  • Table 32 : South America HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Table 33 : South America HVAC Equipment Market Volume, by Application, US$ Bn, 2017-2031
  • Table 34 : South America HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Table 35 : South America HVAC Equipment Market Volume, by Country, US$ Bn, 2017-2031
  • Table 36 : South America HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Figure 1 : Global HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 2 : Global HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Figure 3 : Global HVAC Equipment Market Incremental Opportunity, by Product Type, 2021-2031
  • Figure 4 : Global HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 5 : Global HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Figure 6 : Global HVAC Equipment Market Incremental Opportunity, by Application, 2021-2031
  • Figure 7 : Global HVAC Equipment Market Value, by Region, US$ Bn, 2017-2031
  • Figure 8 : Global HVAC Equipment Market Volume, by Region, Thousand Units,2017-2031
  • Figure 9 : North America HVAC Equipment Market Incremental Opportunity, by Product Type, 2017-2031
  • Figure 10 : North America HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 11 : North America HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Figure 12 : North America HVAC Equipment Market Incremental Opportunity, by Application, 2017-2031
  • Figure 13 : North America HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 14 : North America HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Figure 15 : North America HVAC Equipment Market Incremental Opportunity, by Country, 2017-2031
  • Figure 16 : North America HVAC Equipment Market Value, by Country, US$ Bn, 2017-2031
  • Figure 17 : Europe HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Figure 18 : Europe HVAC Equipment Market Incremental Opportunity, by Product Type, 2017-2031
  • Figure 19 : Europe HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 20 : Europe HVAC Equipment Market Volume, by Application, Thousand Units, 2017-2031
  • Figure 21 : Europe HVAC Equipment Market Incremental Opportunity, by Application, 2017-2031
  • Figure 22 : Europe HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 23 : Europe HVAC Equipment Market Volume, by Country, Thousand Units, 2017-2031
  • Figure 24 : Europe HVAC Equipment Market Incremental Opportunity, by Country, 2017-2031
  • Figure 25 : Asia Pacific HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 26 : Asia Pacific HVAC Equipment Market Volume, by Product Type, Thousand Units, 2017-2031
  • Figure 27 : Asia Pacific HVAC Equipment Market Incremental Opportunity, by Product Type, 2017-2031
  • Figure 28 : Asia Pacific HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 29 : Asia Pacific HVAC Equipment Market Volume, by Application, Thousand Units,2017-2031
  • Figure 30 : Asia Pacific HVAC Equipment Market Incremental Opportunity, by Application, 2017-2031
  • Figure 31 : Asia Pacific HVAC Equipment Market Value, by Country, US$ Bn, 2017-2031
  • Figure 32 : Asia Pacific HVAC Equipment Market Volume, by Country, Thousand Units,2017-2031
  • Figure 33 : Middle East & Africa HVAC Equipment Market Incremental Opportunity, by Product Type, 2017-2031
  • Figure 34 : Middle East & Africa HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 35 : Middle East & Africa HVAC Equipment Market Volume, by Product Type, Thousand Units,2017-2031
  • Figure 36 : Middle East & Africa HVAC Equipment Market Incremental Opportunity, by Application, 2017-2031
  • Figure 37 : Middle East & Africa HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 38 : Middle East & Africa HVAC Equipment Market Volume, by Application, Thousand Units,2017-2031
  • Figure 39 : Middle East & Africa HVAC Equipment Market Incremental Opportunity, by Country,2017-2031
  • Figure 40 : Middle East & Africa HVAC Equipment Market Value, by Country, US$ Bn, 2017-2031
  • Figure 41 : South America HVAC Equipment Market Volume, by Product Type, Thousand Units,2017-2031
  • Figure 42 : South America HVAC Equipment Market Incremental Opportunity, by Product Type, 2017-2031
  • Figure 43 : South America HVAC Equipment Market Value, by Product Type, US$ Bn, 2017-2031
  • Figure 44 : South America HVAC Equipment Market Volume, by Application, Thousand Units,2017-2031
  • Figure 45 : South America HVAC Equipment Market Incremental Opportunity, by Application, 2017-2031
  • Figure 46 : South America HVAC Equipment Market Value, by Application, US$ Bn, 2017-2031
  • Figure 47 : South America HVAC Equipment Market Volume, by Country ,Thousand Units,2017-2031
  • Figure 48 : South America HVAC Equipment Market Incremental Opportunity, by Country,2017-2031

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HVAC Equipment Market (Product Type: Heating Equipment, Cooling Equipment, and Air Delivery Equipment; and Application: Residential, Commercial, and...