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Hvac Equipment Market in China 2024-2028

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    Report

  • 140 Pages
  • July 2024
  • Region: China
  • TechNavio
  • ID: 5880903
1h Free Analyst Time
Description Jump to:

Advent of Smart HVAC Systems is a Key Trend Gaining Market Momentum

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.
The HVAC equipment market in China is forecasted to grow by USD 13.4 billion during 2023-2028, accelerating at a CAGR of 8.01% during the forecast period. The report on the HVAC equipment market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for centralized HVAC systems, increasing residential and commercial construction activities, and cost advantages of renting HVAC equipment.

The HVAC equipment market in China is segmented as below:

By End-user

  • Non-residential
  • Residential

By Product

  • Air conditioning equipment
  • Heating equipment
  • Ventilation equipment

By Geographical Landscape

  • APAC
This study identifies the advent of smart HVAC systems as one of the prime reasons driving the HVAC equipment market in China growth during the next few years. Also, growing preference for customized HVAC systems and rising adoption of prefabricated construction solutions will lead to sizable demand in the market.

The report on the HVAC equipment market in China covers the following areas:

  • HVAC equipment market in China sizing
  • HVAC equipment market in China forecast
  • HVAC equipment market in China industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVAC equipment market in China vendors that include Carrier Global Corp., Daikin Industries Ltd., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, GUANGDONG CHIGO AIR CONDITIONING CO. LTD., Guangzhou Seagull Kitchen And Bath Products Co. Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Johnson Controls International PLC., Lennox International Inc., LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Paloma Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shanghai Shenglin M and E Technology Co. Ltd., TCL Electronics Holdings Ltd., Toshiba Corp., and Trane Technologies PLC. Also, the HVAC equipment market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China: Year-over-year growth 2023-2028 (%)
Data Table on China: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 HVAC Equipment Market in China 2018 - 2022
Historic Market Size - Data Table on HVAC Equipment Market in China 2018 - 2022 ($ billion)
4.2 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
6.3 Non-residential - Market size and forecast 2023-2028
Chart on Non-residential - Market size and forecast 2023-2028 ($ billion)
Data Table on Non-residential - Market size and forecast 2023-2028 ($ billion)
Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
6.4 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Market opportunity by End-user ($ billion)
Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Product
7.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
7.3 Air conditioning equipment - Market size and forecast 2023-2028
Chart on Air conditioning equipment - Market size and forecast 2023-2028 ($ billion)
Data Table on Air conditioning equipment - Market size and forecast 2023-2028 ($ billion)
Chart on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
Data Table on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
7.4 Heating equipment - Market size and forecast 2023-2028
Chart on Heating equipment - Market size and forecast 2023-2028 ($ billion)
Data Table on Heating equipment - Market size and forecast 2023-2028 ($ billion)
Chart on Heating equipment - Year-over-year growth 2023-2028 (%)
Data Table on Heating equipment - Year-over-year growth 2023-2028 (%)
7.5 Ventilation equipment - Market size and forecast 2023-2028
Chart on Ventilation equipment - Market size and forecast 2023-2028 ($ billion)
Data Table on Ventilation equipment - Market size and forecast 2023-2028 ($ billion)
Chart on Ventilation equipment - Year-over-year growth 2023-2028 (%)
Data Table on Ventilation equipment - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Carrier Global Corp.
Carrier Global Corp. - Overview
Carrier Global Corp. - Business segments
Carrier Global Corp. - Key news
Carrier Global Corp. - Key offerings
Carrier Global Corp. - Segment focus
11.4 Daikin Industries Ltd.
Daikin Industries Ltd. - Overview
Daikin Industries Ltd. - Business segments
Daikin Industries Ltd. - Key news
Daikin Industries Ltd. - Key offerings
Daikin Industries Ltd. - Segment focus
11.5 Fujitsu Ltd.
Fujitsu Ltd. - Overview
Fujitsu Ltd. - Business segments
Fujitsu Ltd. - Key news
Fujitsu Ltd. - Key offerings
Fujitsu Ltd. - Segment focus
11.6 Gree Electric Appliances Inc. of Zhuhai
Gree Electric Appliances Inc. of Zhuhai - Overview
Gree Electric Appliances Inc. of Zhuhai - Product / Service
Gree Electric Appliances Inc. of Zhuhai - Key offerings
11.7 Haier Smart Home Co. Ltd.
Haier Smart Home Co. Ltd. - Overview
Haier Smart Home Co. Ltd. - Business segments
Haier Smart Home Co. Ltd. - Key news
Haier Smart Home Co. Ltd. - Key offerings
Haier Smart Home Co. Ltd. - Segment focus
11.8 Hitachi Ltd.
Hitachi Ltd. - Overview
Hitachi Ltd. - Business segments
Hitachi Ltd. - Key news
Hitachi Ltd. - Key offerings
Hitachi Ltd. - Segment focus
11.9 Johnson Controls International Plc.
Johnson Controls International Plc. - Overview
Johnson Controls International Plc. - Business segments
Johnson Controls International Plc. - Key news
Johnson Controls International Plc. - Key offerings
Johnson Controls International Plc. - Segment focus
11.10 LG Corp.
LG Corp. - Overview
LG Corp. - Business segments
LG Corp. - Key news
LG Corp. - Key offerings
LG Corp. - Segment focus
11.11 MIDEA Group Co. Ltd.
MIDEA Group Co. Ltd. - Overview
MIDEA Group Co. Ltd. - Product / Service
MIDEA Group Co. Ltd. - Key news
MIDEA Group Co. Ltd. - Key offerings
11.12 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key news
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
11.13 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Product / Service
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
11.14 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
11.15 TCL Electronics Holdings Ltd.
TCL Electronics Holdings Ltd. - Overview
TCL Electronics Holdings Ltd. - Business segments
TCL Electronics Holdings Ltd. - Key offerings
TCL Electronics Holdings Ltd. - Segment focus
11.16 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
11.17 Trane Technologies plc
Trane Technologies plc - Overview
Trane Technologies plc - Business segments
Trane Technologies plc - Key news
Trane Technologies plc - Key offerings
Trane Technologies plc - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on China: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on China: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on HVAC Equipment Market in China 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on End-user - Market share 2023-2028 (%)
Exhibits 28: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by End-user
Exhibits 30: Data Table on Comparison by End-user
Exhibits 31: Chart on Non-residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Non-residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by End-user ($ billion)
Exhibits 40: Data Table on Market opportunity by End-user ($ billion)
Exhibits 41: Chart on Product - Market share 2023-2028 (%)
Exhibits 42: Data Table on Product - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Product
Exhibits 44: Data Table on Comparison by Product
Exhibits 45: Chart on Air conditioning equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on Air conditioning equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Heating equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Heating equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Heating equipment - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Heating equipment - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Ventilation equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Ventilation equipment - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Ventilation equipment - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Ventilation equipment - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Product ($ billion)
Exhibits 58: Data Table on Market opportunity by Product ($ billion)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: Carrier Global Corp. - Overview
Exhibits 67: Carrier Global Corp. - Business segments
Exhibits 68: Carrier Global Corp. - Key news
Exhibits 69: Carrier Global Corp. - Key offerings
Exhibits 70: Carrier Global Corp. - Segment focus
Exhibits 71: Daikin Industries Ltd. - Overview
Exhibits 72: Daikin Industries Ltd. - Business segments
Exhibits 73: Daikin Industries Ltd. - Key news
Exhibits 74: Daikin Industries Ltd. - Key offerings
Exhibits 75: Daikin Industries Ltd. - Segment focus
Exhibits 76: Fujitsu Ltd. - Overview
Exhibits 77: Fujitsu Ltd. - Business segments
Exhibits 78: Fujitsu Ltd. - Key news
Exhibits 79: Fujitsu Ltd. - Key offerings
Exhibits 80: Fujitsu Ltd. - Segment focus
Exhibits 81: Gree Electric Appliances Inc. of Zhuhai - Overview
Exhibits 82: Gree Electric Appliances Inc. of Zhuhai - Product / Service
Exhibits 83: Gree Electric Appliances Inc. of Zhuhai - Key offerings
Exhibits 84: Haier Smart Home Co. Ltd. - Overview
Exhibits 85: Haier Smart Home Co. Ltd. - Business segments
Exhibits 86: Haier Smart Home Co. Ltd. - Key news
Exhibits 87: Haier Smart Home Co. Ltd. - Key offerings
Exhibits 88: Haier Smart Home Co. Ltd. - Segment focus
Exhibits 89: Hitachi Ltd. - Overview
Exhibits 90: Hitachi Ltd. - Business segments
Exhibits 91: Hitachi Ltd. - Key news
Exhibits 92: Hitachi Ltd. - Key offerings
Exhibits 93: Hitachi Ltd. - Segment focus
Exhibits 94: Johnson Controls International Plc. - Overview
Exhibits 95: Johnson Controls International Plc. - Business segments
Exhibits 96: Johnson Controls International Plc. - Key news
Exhibits 97: Johnson Controls International Plc. - Key offerings
Exhibits 98: Johnson Controls International Plc. - Segment focus
Exhibits 99: LG Corp. - Overview
Exhibits 100: LG Corp. - Business segments
Exhibits 101: LG Corp. - Key news
Exhibits 102: LG Corp. - Key offerings
Exhibits 103: LG Corp. - Segment focus
Exhibits 104: MIDEA Group Co. Ltd. - Overview
Exhibits 105: MIDEA Group Co. Ltd. - Product / Service
Exhibits 106: MIDEA Group Co. Ltd. - Key news
Exhibits 107: MIDEA Group Co. Ltd. - Key offerings
Exhibits 108: Mitsubishi Electric Corp. - Overview
Exhibits 109: Mitsubishi Electric Corp. - Business segments
Exhibits 110: Mitsubishi Electric Corp. - Key news
Exhibits 111: Mitsubishi Electric Corp. - Key offerings
Exhibits 112: Mitsubishi Electric Corp. - Segment focus
Exhibits 113: Panasonic Holdings Corp. - Overview
Exhibits 114: Panasonic Holdings Corp. - Product / Service
Exhibits 115: Panasonic Holdings Corp. - Key news
Exhibits 116: Panasonic Holdings Corp. - Key offerings
Exhibits 117: Samsung Electronics Co. Ltd. - Overview
Exhibits 118: Samsung Electronics Co. Ltd. - Business segments
Exhibits 119: Samsung Electronics Co. Ltd. - Key news
Exhibits 120: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 121: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 122: TCL Electronics Holdings Ltd. - Overview
Exhibits 123: TCL Electronics Holdings Ltd. - Business segments
Exhibits 124: TCL Electronics Holdings Ltd. - Key offerings
Exhibits 125: TCL Electronics Holdings Ltd. - Segment focus
Exhibits 126: Toshiba Corp. - Overview
Exhibits 127: Toshiba Corp. - Business segments
Exhibits 128: Toshiba Corp. - Key news
Exhibits 129: Toshiba Corp. - Key offerings
Exhibits 130: Toshiba Corp. - Segment focus
Exhibits 131: Trane Technologies plc - Overview
Exhibits 132: Trane Technologies plc - Business segments
Exhibits 133: Trane Technologies plc - Key news
Exhibits 134: Trane Technologies plc - Key offerings
Exhibits 135: Trane Technologies plc - Segment focus
Exhibits 136: Inclusions checklist
Exhibits 137: Exclusions checklist
Exhibits 138: Currency conversion rates for US$
Exhibits 139: Research methodology
Exhibits 140: Information sources
Exhibits 141: Data validation
Exhibits 142: Validation techniques employed for market sizing
Exhibits 143: Data synthesis
Exhibits 144: 360 degree market analysis
Exhibits 145: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global hvac equipment market in china: Carrier Global Corp., Daikin Industries Ltd., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, GUANGDONG CHIGO AIR CONDITIONING CO. LTD., Guangzhou Seagull Kitchen And Bath Products Co. Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Johnson Controls International Plc., Lennox International Inc., LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Paloma Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shanghai Shenglin M and E Technology Co. Ltd., TCL Electronics Holdings Ltd., Toshiba Corp., and Trane Technologies plc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of smart hvac systems."

According to the report, one of the major drivers for this market is the increase in demand for centralized hvac systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • Fujitsu Ltd.
  • Gree Electric Appliances Inc. of Zhuhai
  • GUANGDONG CHIGO AIR CONDITIONING CO. LTD.
  • Guangzhou Seagull Kitchen And Bath Products Co. Ltd.
  • Haier Smart Home Co. Ltd.
  • Hitachi Ltd.
  • Johnson Controls International Plc.
  • Lennox International Inc.
  • LG Corp.
  • MIDEA Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Paloma Co. Ltd.
  • Panasonic Holdings Corp.
  • Samsung Electronics Co. Ltd.
  • Shanghai Shenglin M and E Technology Co. Ltd.
  • TCL Electronics Holdings Ltd.
  • Toshiba Corp.
  • Trane Technologies plc

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About the HVAC System Market

The HVAC System market is a subset of the HVAC (Heating, Ventilation, and Air Conditioning) industry. It includes the design, installation, and maintenance of HVAC systems for residential, commercial, and industrial buildings. HVAC systems are used to regulate the temperature, humidity, and air quality of a building. They are also used to reduce energy consumption and improve air quality. The HVAC System market is highly competitive, with a wide range of products and services available. Companies in the market offer a variety of solutions, from basic systems to more complex, energy-efficient systems. Companies also provide maintenance and repair services for existing systems. Some of the major companies in the HVAC System market include Carrier, Trane, Lennox, Daikin, and Mitsubishi Electric. These companies offer a range of products and services, from basic systems to more advanced, energy-efficient systems. They also provide maintenance and repair services for existing systems. Show Less Read more

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