Global Residential HVAC Market 2021-2025

The publisher has been monitoring the residential HVAC market and it is poised to grow by $ 33.02 bn during 2021-2025, progressing at a CAGR of 8.46% during the forecast period. The report on the residential HVAC market 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for energy-efficient HVAC systems and rising residential construction activity.

The residential HVAC market analysis includes the product segment and geographic landscape.

The residential HVAC market is segmented as below:

By Product

Air conditioning system
Heating system
Ventilation system

By Geographical Landscape

APAC
Europe
North America
MEA
South America

This study identifies the changing climatic conditions as one of the prime reasons driving the residential HVAC market growth during the next few years.

The report on residential HVAC market covers the following areas:

Residential HVAC market sizing
Residential HVAC market forecast
Residential HVAC market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential HVAC market vendors that include Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., and Trane Technologies Plc. Also, the residential HVAC market 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 publisher 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.

Executive Summary

Market overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product
Air conditioning system - Market size and forecast 2020-2025
Heating system - Market size and forecast 2020-2025
Ventilation system - Market size and forecast 2020-2025
Market opportunity by Product

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity By Geographical Landscape
Market drivers
Market challenges
Market trends

Vendor Landscape

Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Carrier Global Corp.
Daikin Industries Ltd.
Danfoss AS
Haier Smart Home Co. Ltd.
Johnson Controls International Plc
Lennox International Inc.
LG Electronics Inc.
Panasonic Corp.
Samsung Electronics Co. Ltd.
Trane Technologies Plc

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits

Key Finding 1
Key Finding 2
Key Finding 3
Key Finding 5
Key Finding 6
Key Finding 7
Key Finding 8
Parent market
Market characteristics
Offerings of vendors included in the market definition
Market segments
Global - Market size and forecast 2020 - 2025 ($ million)
Global market: Year-over-year growth 2020 - 2025 (%)
Five forces analysis 2020 & 2025
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition - Five forces 2020
Product - Market share 2020-2025 (%)
Comparison by Product
Air conditioning system - Market size and forecast 2020-2025 ($ million)
Air conditioning system - Year-over-year growth 2020-2025 (%)
Heating system - Market size and forecast 2020-2025 ($ million)
Heating system - Year-over-year growth 2020-2025 (%)
Ventilation system - Market size and forecast 2020-2025 ($ million)
Ventilation system - Year-over-year growth 2020-2025 (%)
Market opportunity by Product
Customer landscape
Market share By Geographical Landscape 2020-2025 (%)
Geographic comparison
APAC - Market size and forecast 2020-2025 ($ million)
APAC - Year-over-year growth 2020-2025 (%)
Europe - Market size and forecast 2020-2025 ($ million)
Europe - Year-over-year growth 2020-2025 (%)
North America - Market size and forecast 2020-2025 ($ million)
North America - Year-over-year growth 2020-2025 (%)
MEA - Market size and forecast 2020-2025 ($ million)
MEA - Year-over-year growth 2020-2025 (%)
South America - Market size and forecast 2020-2025 ($ million)
South America - Year-over-year growth 2020-2025 (%)
Key leading countries
Market opportunity By Geographical Landscape ($ million)
Impact of drivers and challenges
Vendor landscape
Landscape disruption
Industry risks
Vendors covered
Market positioning of vendors
Carrier Global Corp. - Overview
Carrier Global Corp. - Business segments
Carrier Global Corp. - Key offerings
Carrier Global Corp. - Key customers
Carrier Global Corp. - Segment focus
Daikin Industries Ltd. - Overview
Daikin Industries Ltd. - Business segments
Daikin Industries Ltd. - Key offerings
Daikin Industries Ltd. - Key customers
Daikin Industries Ltd. - Segment focus
Danfoss AS - Overview
Danfoss AS - Business segments
Danfoss AS - Key offerings
Danfoss AS - Key customers
Danfoss AS - Segment focus
Haier Smart Home Co. Ltd. - Overview
Haier Smart Home Co. Ltd. - Business segments
Haier Smart Home Co. Ltd. - Key offerings
Haier Smart Home Co. Ltd. - Key customers
Haier Smart Home Co. Ltd. - Segment focus
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Key customers
Johnson Controls International Plc - Segment focus
Lennox International Inc. - Overview
Lennox International Inc. - Business segments
Lennox International Inc. - Key offerings
Lennox International Inc. - Key customers
Lennox International Inc. - Segment focus
LG Electronics Inc. - Overview
LG Electronics Inc. - Business segments
LG Electronics Inc. - Key offerings
LG Electronics Inc. - Key customers
LG Electronics Inc. - Segment focus
Panasonic Corp. - Overview
Panasonic Corp. - Business segments
Panasonic Corp. - Key offerings
Panasonic Corp. - Key customers
Panasonic Corp. - Segment focus
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Key customers
Samsung Electronics Co. Ltd. - Segment focus
Trane Technologies Plc - Overview
Trane Technologies Plc - Business segments
Trane Technologies Plc - Key offerings
Trane Technologies Plc - Key customers
Trane Technologies Plc - Segment focus
Currency conversion rates for US$
Research Methodology
Validation techniques employed for market sizing
Information sources
List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global residential HVAC market: Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., and Trane Technologies Plc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is changing climatic conditions.`

According to the report, one of the major drivers for this market is the increasing demand for energy-efficient 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.