This study examines the global HVAC equipment industry. Demand for HVAC equipment is segmented by product, market, and global geographic region. Historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 are presented for HVAC equipment demand and shipments are presented in current US dollars (including inflation) at the global, regional, and country regions. Select products are also provided in units; however, unit demand does not sum to a total market size.
HVAC equipment discussed includes:
- Room air conditioners (both window units and through-the-wall air conditioners)
- Heat pumps:
- Air source heat pumps (also known as conventional heat pumps), including split heat pumps and packaged heat pumps
- Geothermal heat pumps (including both ground source and water source types), which include closed loop and open loops systems
- Unitary air conditioners (including split, multi-split and single package units)
- Boilers, including:
- Cast iron and steel types
- District heating boilers, including large-scale boilers and series of large-scale central boilers that generate hot water to provide heat for an industrial complex or a densely populated urban area
- Warm air furnaces, also known as forced air furnaces
- Other HVAC equipment, including absorption chillers, dehumidifiers, humidifiers, liquid chillers, packaged terminal air conditioners, and room and zone heaters
Excluded from the scope of this study are:
- Portable versions of equipment such as air conditioners, heaters, dehumidifiers, and humidifiers
- Sanitary hot water heat pumps
- Heat pumps used to solely produce hot water, to heat pools, or to provide refrigeration
- Products associated with combined heat and power generation systems
- Ventilation systems, including air handlers and ductwork
- Fluid circulation systems, including radiators used with boilers
- Used and rental equipment
- Equipment used in vehicles
Data are further segmented by residential and nonresidential markets:
- Residential
- Single-family detached houses
- Single-family attached houses (e.g., townhouses)
- Apartment or condominium buildings with multiple dwelling units
- Manufactured homes, which are housing units constructed on a permanent chassis with wheels for on-road transportation to the site at which the unit will be placed
- Nonresidential
- Institutional buildings (e.g., healthcare and educational facilities, religious establishments)
- Office and commercial structures (e.g., data centers, office buildings, retail establishments, hospitality facilities, warehousing and storage facilities not located on industrial sites, and other commercial structures such as banks and theaters)
- Industrial facilities (e.g., manufacturing plants and associated offices)
- Other nonresidential structures such as airport and bus terminals, recreational buildings, police stations, fire stations, and prisons
Housing units located in a structure whose primary purpose is something other than a habitation, such as a small living space contained in a larger retail facility, are outside of the study’s scope.
Table of Contents
1. Executive Summary
2. Impact of COVID-19 Pandemic
- Overview
- Impact on the Economy
- Impact on the Construction Industry
- Impact on the Global HVAC Equipment Industry
3. Overview
- Study Scope
- Historical Trends
- Demand Outlook
- Demand by Region
- Demand by Product
- Demand by Market
- Shipments by Region
- International Trade
- Pricing Patterns
4. Factors Impacting Demand
- Technology & Product Innovation
- Smart Technology
- Sensor Technology
- Dual Fuel Technology
- Sustainability Issues
- Montreal Protocol & Kigali Amendments
- Regulations & Alternative Refrigerants
- Energy Costs, Efficiency & the Renewable Energy Directive
- Other Factors
- Climate
- Culture
- Urbanization Trends
- Building Construction & Design
5. Room Air Conditioners
- Scope & Product Description
- Demand by Region
- Demand by Market
- Unit Demand Trends
- Key Suppliers
6. Heat Pumps
- Scope & Product Description
- Demand by Region
- Demand by Market
- Unit Demand Trends
- Key Suppliers
7. Unitary Air Conditioners
- Scope & Product Description
- Demand by Region
- Demand by Market
- Unit Demand Trends
- Key Suppliers
8. Central Heating Boilers
- Scope & Product Description
- Demand by Region
- Demand by Market
- Unit Demand Trends
- Key Suppliers
9. Warm Air Furnaces
- Scope & Product Description
- Demand by Region
- Demand by Market
- Unit Demand Trends
- Key Suppliers
10. Other HVAC Equipment (Chillers, Humidity Control, Zone Heating)
- Scope & Product Description
- Demand by Region
- Demand by Market
- Key Suppliers
11. Residential HVAC Equipment
- Scope & Market Description
- Residential Construction Outlook
- Demand by Region
- Demand by Product
- Leading Suppliers
12. Nonresidential HVAC Equipment
- Scope & Market Description
- Nonresidential Construction Outlook
- Demand by Region
- Demand by Product
- Leading Suppliers
13. North America
- North America: HVAC Equipment Market Size & Historical Trends
- North America: Supply & Demand
- North America: Demand by Product & Market
- North America: Unit Trends
- North America: Market Share
- United States
- United States: HVAC Equipment Market Size & Historical Trends
- United States: Supply & Demand
- United States: Demand by Product & Market
- United States: Unit Trends
- United States: Key Suppliers
- Canada
- Canada: HVAC Equipment Market Size & Historical Trends
- Canada: Supply & Demand
- Canada: Demand by Product & Market
- Canada: Unit Trends
- Canada: Key Suppliers
- Mexico
- Mexico: HVAC Equipment Market Size & Historical Trends
- Mexico: Supply & Demand
- Mexico: Demand by Product & Market
- Mexico: Unit Trends
- Mexico: Key Suppliers
14. Central & South America
- Central & South America: HVAC Equipment Market Size & Historical Trends
- Central & South America: Supply & Demand
- Central & South America: Demand by Product & Market
- Central & South America: Unit Trends
- Central & South America: Market Share
- Brazil
- Brazil: HVAC Equipment Market Size & Historical Trends
- Brazil: Supply & Demand
- Brazil: Demand by Product & Market
- Brazil: Unit Trends
- Brazil: Key Suppliers
- Other Central & South America
- Other Central & South America: HVAC Equipment Market Size & Historical Trends
- Other Central & South America: Supply & Demand
- Other Central & South America: Demand by Product & Market
- Other Central & South America: Unit Trends
- Other Central & South America: Key Suppliers
15. Western Europe
- Western Europe: HVAC Equipment Market Size & Historical Trends
- Western Europe: Supply & Demand
- Western Europe: Demand by Product & Market
- Western Europe: Unit Trends
- Western Europe: Market Share
- Germany
- Germany: HVAC Equipment Market Size & Historical Trends
- Germany: Supply & Demand
- Germany: Demand by Product & Market
- Germany: Unit Trends
- Germany: Key Suppliers
- United Kingdom
- United Kingdom: HVAC Equipment Market Size & Historical Trends
- United Kingdom: Supply & Demand
- United Kingdom: Demand by Product & Market
- United Kingdom: Unit Trends
- United Kingdom: Key Suppliers
- Italy
- Italy: HVAC Equipment Market Size & Historical Trends
- Italy: Supply & Demand
- Italy: Demand by Product & Market
- Italy: Unit Trends
- Italy: Key Suppliers
- France
- France: HVAC Equipment Market Size & Historical Trends
- France: Supply & Demand
- France: Demand by Product & Market
- France: Unit Trends
- France: Key Suppliers
- Spain
- Spain: HVAC Equipment Market Size & Historical Trends
- Spain: Supply & Demand
- Spain: Demand by Product & Market
- Spain: Unit Trends
- Spain: Key Suppliers
- Other Western Europe
- Other Western Europe: HVAC Equipment Market Size & Historical Trends
- Other Western Europe: Supply & Demand
- Other Western Europe: Demand by Product & Market
- Other Western Europe: Unit Trends
- Other Western Europe: Key Suppliers
16. Eastern Europe
- Eastern Europe: HVAC Equipment Market Size & Historical Trends
- Eastern Europe: Supply & Demand
- Eastern Europe: Demand by Product & Market
- Eastern Europe: Unit Trends
- Eastern Europe: Market Share
- Russia
- Russia: HVAC Equipment Market Size & Historical Trends
- Russia: Supply & Demand
- Russia: Demand by Product & Market
- Russia: Unit Trends
- Russia: Key Suppliers
- Poland
- Poland: HVAC Equipment Market Size & Historical Trends
- Poland: Supply & Demand
- Poland: Demand by Product & Market
- Poland: Unit Trends
- Poland: Key Suppliers
- Other Eastern Europe
- Other Eastern Europe: HVAC Equipment Market Size & Historical Trends
- Other Eastern Europe: Supply & Demand
- Other Eastern Europe: Demand by Product & Market
- Other Eastern Europe: Unit Trends
- Other Eastern Europe: Key Suppliers
17. Asia/Pacific
- Asia/Pacific: HVAC Equipment Market Size & Historical Trends
- Asia/Pacific: Supply & Demand
- Asia/Pacific: Demand by Product & Market
- Asia/Pacific: Unit Trends
- Asia/Pacific: Market Share
- China
- China: HVAC Equipment Market Size & Historical Trends
- China: Supply & Demand
- China: Demand by Product & Market
- China: Unit Trends
- China: Key Suppliers
- Japan
- Japan: HVAC Equipment Market Size & Historical Trends
- Japan: Supply & Demand
- Japan: Demand by Product & Market
- Japan: Unit Trends
- Japan: Key Suppliers
- India
- India: HVAC Equipment Market Size & Historical Trends
- India: Supply & Demand
- India: Demand by Product & Market
- India: Unit Trends
- India: Key Suppliers
- South Korea
- South Korea: HVAC Equipment Market Size & Historical Trends
- South Korea: Supply & Demand
- South Korea: Demand by Product & Market
- South Korea: Unit Trends
- South Korea: Key Suppliers
- Australia
- Australia: HVAC Equipment Market Size & Historical Trends
- Australia: Supply & Demand
- Australia: Demand by Product & Market
- Australia: Unit Trends
- Australia: Key Suppliers
- Indonesia
- Indonesia: HVAC Equipment Market Size & Historical Trends
- Indonesia: Supply & Demand
- Indonesia: Demand by Product & Market
- Indonesia: Unit Trends
- Indonesia: Key Suppliers
- Other Asia/Pacific
- Other Asia/Pacific: HVAC Equipment Market Size & Historical Trends
- Other Asia/Pacific: Supply & Demand
- Other Asia/Pacific: Demand by Product & Market
- Other Asia/Pacific: Unit Trends
- Other Asia/Pacific: Key Suppliers
18. Africa/Mideast
- Africa/Mideast: HVAC Equipment Market Size & Historical Trends
- Africa/Mideast: Supply & Demand
- Africa/Mideast: Demand by Product & Market
- Africa/Mideast: Unit Trends
- Africa/Mideast: Market Share
- Saudi Arabia
- Saudi Arabia: HVAC Equipment Market Size & Historical Trends
- Saudi Arabia: Supply & Demand
- Saudi Arabia: Demand by Product & Market
- Saudi Arabia: Unit Trends
- Saudi Arabia: Key Suppliers
- Turkey
- Turkey: HVAC Equipment Market Size & Historical Trends
- Turkey: Supply & Demand
- Turkey: Demand by Product & Market
- Turkey: Unit Trends
- Turkey: Key Suppliers
- Other Africa/Mideast
- Other Africa/Mideast: HVAC Equipment Market Size & Historical Trends
- Other Africa/Mideast: Supply & Demand
- Other Africa/Mideast: Demand by Product & Market
- Other Africa/Mideast: Unit Trends
- Other Africa/Mideast: Key Suppliers
19. Industry Structure
- Key Findings & Industry Composition
- Market Share
- Mergers & Acquisitions
- Marketing
- Trade & Industry Associations
- Distribution
- List of Industry Participants
20. Appendix
- Scope
- Definitions
- Abbreviations
- Methodology
- Study-Specific Methodology
- Data Changes from the Previous Version
- Sources
- Associations & Agencies
- Related Studies & Reports
- Country Lists by Region
- Macroeconomic Assumptions
- Economic Environment
- Demographic Trends
- Global Construction Outlook
- Residential Building Construction Outlook
- Nonresidential Building Construction Outlook
List of Tables
Table 2-1 Global Gross Domestic Product, 2019 - 2022 (billion 2019 dollars)
Table 2-2 Global Construction Expenditures, 2019 - 2022 (billion 2019 dollars)
Table 2-3 Annual Global HVAC Equipment Demand by Region, 2019 - 2021 (million dollars)
Table 2-4 Annual Global HVAC Equipment Demand by Product, 2019 - 2021 (million dollars)
Table 2-5 Annual Global HVAC Equipment Demand by Market, 2019 - 2021 (million dollars)
Table 3-1 Global HVAC Equipment Demand, 2010 - 2020 (million dollars)
Table 3-2 Global HVAC Equipment Demand by Region, 2010 - 2030 (million dollars)
Table 3-3 Global HVAC Equipment Demand by Product, 2010 - 2030 (million dollars)
Table 3-4 Global HVAC Equipment Demand by Market, 2010 - 2030 (million dollars)
Table 3-5 Global HVAC Equipment Shipments by Region, 2010 - 2030 (million dollars)
Table 3-6 Global HVAC Equipment Net Exports by Region, 2010 - 2030 (million dollars)
Table 3-7 Global HVAC Equipment Average Prices, 2010 - 2030 (dollars per unit)
Table 4-1 Global Building Construction Expenditures by Region & Type, 2010 - 2030 (billion 2019 dollars)
Table 5-1 Global Room Air Conditioner Demand by Region, 2010 - 2030 (million dollars)
Table 5-2 Global Room Air Conditioner Demand by Market, 2010 - 2030 (million dollars)
Table 5-3 Global Room Air Conditioner Demand by Region, 2010 - 2030 (million dollars & thousand units)
Table 6-1 Global Heat Pump Demand by Region, 2010 - 2030 (million dollars)
Table 6-2 Global Heat Pump Demand by Market, 2010 - 2030 (million dollars)
Table 6-3 Global Heat Pump Demand by Region, 2010 - 2030 (million dollars & thousand units)
Table 7-1 Global Unitary Air Conditioner Demand by Region, 2010 - 2030 (million dollars)
Table 7-2 Global Unitary Air Conditioner Demand by Market, 2010 - 2030 (million dollars)
Table 7-3 Global Unitary Air Conditioner Demand by Region, 2010 - 2030 (million dollars & thousand units)
Table 8-1 Global Central Heating Boiler Demand by Region, 2010 - 2030 (million dollars)
Table 8-2 Global Central Heating Boiler Demand by Market, 2010 - 2030 (million dollars)
Table 8-3 Global Central Heating Boiler Demand by Region, 2010 - 2030 (million dollars & thousand units)
Table 9-1 Global Warm Air Furnace Demand by Region, 2010 - 2030 (million dollars)
Table 9-2 Global Warm Air Furnace Demand by Market, 2010 - 2030 (million dollars)
Table 9-3 Global Warm Air Furnace Demand by Region, 2010 - 2030 (million dollars & thousand units)
Table 10-1 Other HVAC Equipment: Global Demand by Region, 2010 - 2030 (million dollars)
Table 10-2 Other HVAC Equipment: Global Demand by Market, 2010 - 2030 (million dollars)
Table 11-1 Global Residential HVAC Equipment Demand by Region, 2010 - 2030 (million dollars)
Table 12-1 Global Nonresidential HVAC Equipment Demand by Region, 2010 - 2030 (million dollars)
Table 13-1 North America: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 13-2 North America: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 13-3 North America: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 13-4 United States: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 13-5 United States: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 13-6 United States: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 13-7 Canada: HVAC Equipment Supply & Demand, 2010 - 2030 (million US dollars)
Table 13-8 Canada: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million US dollars)
Table 13-9 Canada: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 13-10 Mexico: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 13-11 Mexico: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 13-12 Mexico: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 14-1 Central & South America: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 14-2 Central & South America: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 14-3 Central & South America: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 14-4 Brazil: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 14-5 Brazil: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 14-6 Brazil: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 14-7 Other Central & South America: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 14-8 Other Central & South America: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 14-9 Other Central & South America: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-1 Western Europe: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-2 Western Europe: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-3 Western Europe: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-4 Germany: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-5 Germany: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-6 Germany: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-7 United Kingdom: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-8 United Kingdom: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-9 United Kingdom: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-10 Italy: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-11 Italy: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-12 Italy: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-13 France: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-14 France: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-15 France: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-16 Spain: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-17 Spain: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-18 Spain: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 15-19 Other Western Europe: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 15-20 Other Western Europe: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 15-21 Other Western Europe: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 16-1 Eastern Europe: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 16-2 Eastern Europe: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 16-3 Eastern Europe: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 16-4 Russia: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 16-5 Russia: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 16-6 Russia: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 16-7 Poland: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 16-8 Poland: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 16-9 Poland: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 16-10 Other Eastern Europe: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 16-11 Other Eastern Europe: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 16-12 Other Eastern Europe: Selective HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-1 Asia/Pacific: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-2 Asia/Pacific: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-3 Asia/Pacific: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-4 China: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-5 China: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-6 China: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-7 Japan: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-8 Japan: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-9 Japan: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-10 India: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-11 India: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-12 India: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-13 South Korea: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-14 South Korea: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-15 South Korea: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-16 Australia: HVAC Equipment Supply & Demand, 2010 - 2030 (million US dollars)
Table 17-17 Australia: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million US dollars)
Table 17-18 Australia: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-19 Indonesia: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-20 Indonesia: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-21 Indonesia: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 17-22 Other Asia/Pacific: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 17-23 Other Asia/Pacific: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 17-24 Other Asia/Pacific: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 18-1 Africa/Mideast: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 18-2 Africa/Mideast: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 18-3 Africa/Mideast: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 18-4 Saudi Arabia: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 18-5 Saudi Arabia: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 18-6 Saudi Arabia: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 18-7 Turkey: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 18-8 Turkey: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 18-9 Turkey: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 18-10 Other Africa/Mideast: HVAC Equipment Supply & Demand, 2010 - 2030 (million dollars)
Table 18-11 Other Africa/Mideast: HVAC Equipment Demand by Product & Market, 2010 - 2030 (million dollars)
Table 18-12 Other Africa/Mideast: Selected HVAC Equipment Demand, 2010 - 2030 (thousand units)
Table 19-1 Global HVAC Equipment Sales by Company, 2020 (million dollars)
Table 19-2 Selected Mergers & Acquisitions
Table 19-3 Selected Industry Participants
Table 20-1 Relevant HS Codes
Table 20-2 Relevant NAICS & SIC Codes
Table 20-3 Relevant NACE Codes
Table 20-4 Abbreviations & Acronyms Used in Study
Table 20-5 Countries in North America
Table 20-6 Countries in Central & South America
Table 20-7 Countries in Western Europe
Table 20-8 Countries in Eastern Europe
Table 20-9 Countries in the Asia/Pacific Region
Table 20-10 Countries in the Africa/Mideast Region
Table 20-11 Global Gross Domestic Product by Region & Country, 2010 - 2030 (billion 2019 dollars)
Table 20-12 Global Population by Region & Country, 2010 - 2030 (million persons)
Table 20-13 Global Construction Expenditures by Region & Country, 2010 - 2030 (billion 2019 dollars)
Table 20-14 Global Residential Building Construction Expenditures by Region & Country, 2010 - 2030 (billion 2019 dollars)
Table 20-15 Global Nonresidential Building Construction Expenditures by Region & Country, 2010 - 2030 (billion 2019 dollars)
List of Figures
Figure 1-1 Global HVAC Equipment Market
Figure 2-1 Real GDP by Region, 2019 - 2022 (% annual change)
Figure 2-2 Annual Global HVAC Equipment Demand by Market, 2018 - 2023 (% annual change)
Figure 3-1 HVAC Equipment: Product Examples
Figure 3-2 Global HVAC Equipment Demand, 2003- 2020 (million dollars)
Figure 3-3 Global HVAC Equipment Demand by Region, 2010 - 2030 (million dollars)
Figure 3-4 Global HVAC Equipment Demand by Product, 2010 - 2030 (million dollars)
Figure 3-5 Global HVAC Equipment Shipments by Region, 2010 - 2030 (million dollars)
Figure 3-6 Global HVAC Equipment Net Exports by Region, 2010 - 2030 (million dollars)
Figure 4-1 Global Urbanization by Region, 2010 - 2030 (percent urbanized)
Figure 5-1 Room Air Conditioners: Product Examples
Figure 6-1 Heat Pumps: Product Examples
Figure 7-1 Unitary Air Conditioners: Product Examples
Figure 8-1 Central Heating Boilers: Product Examples
Figure 9-1 Warm Air Furnaces: Product Examples
Figure 10-1 Other HVAC Equipment: Product Examples
Figure 11-1 Residential HVAC Equipment: Examples of Common Products
Figure 11-2 Global Residential Building Construction Expenditures by Region, 2010 - 2030 (billion 2019 dollars)
Figure 11-3 Global Residential HVAC Equipment Demand by Product, 2010 - 2030 (million dollars)
Figure 12-1 Nonresidential HVAC Equipment: Examples of Common Products
Figure 12-2 Global Nonresidential Building Construction Expenditures by Region, 2010 - 2030 (billion 2019 dollars)
Figure 12-3 Global Nonresidential HVAC Equipment Demand by Product, 2010 - 2030 (million dollars)
Figure 13-1 North America: HVAC Equipment Market Key Indicators, 2020
Figure 13-2 North America: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 13-3 North America: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 13-4 United States: HVAC Equipment Market Key Indicators, 2020
Figure 13-5 United States: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 13-6 Canada: HVAC Equipment Market Key Indicators, 2020
Figure 13-7 Canada: HVAC Equipment Demand, 2003 - 2020 (million US dollars & million Canadian dollars)
Figure 13-8 Mexico: HVAC Equipment Market Key Indicators, 2020
Figure 13-9 Mexico: HVAC Equipment Demand, 2003 - 2020 (million dollars & million pesos)
Figure 14-1 Central & South America: HVAC Equipment Market Key Indicators, 2020
Figure 14-2 Central & South America: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 14-3 Central & South America: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 14-4 Brazil: HVAC Equipment Market Key Indicators, 2020
Figure 14-5 Brazil: HVAC Equipment Demand, 2003 - 2020 (million dollars & million real)
Figure 14-6 Other Central & South America: HVAC Equipment Market Key Indicators, 2020
Figure 14-7 Other Central & South America: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 15-1 Western Europe: HVAC Equipment Market Key Indicators, 2020
Figure 15-2 Western Europe: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 15-3 Western Europe: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 15-4 Germany: HVAC Equipment Market Key Indicators, 2020
Figure 15-5 Germany: HVAC Equipment Demand, 2003 - 2020 (million dollars & million euro)
Figure 15-6 United Kingdom: HVAC Equipment Market Key Indicators, 2020
Figure 15-7 United Kingdom: HVAC Equipment Demand, 2003 - 2020 (million dollars & million pounds)
Figure 15-8 Italy: HVAC Equipment Market Key Indicators, 2020
Figure 15-9 Italy: HVAC Equipment Demand, 2003 - 2020 (million dollars & million euro)
Figure 15-10 France: HVAC Equipment Market Key Indicators, 2020
Figure 15-11 France: HVAC Equipment Demand, 2003 - 2020 (million dollars & million euro)
Figure 15-12 Spain: HVAC Equipment Market Key Indicators, 2020
Figure 15-13 Spain: HVAC Equipment Demand, 2003 - 2020 (million dollars & million euro)
Figure 15-14 Other Western Europe: HVAC Equipment Market Key Indicators, 2020
Figure 15-15 Other Western Europe: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 16-1 Eastern Europe: HVAC Equipment Market Key Indicators, 2020
Figure 16-2 Eastern Europe: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 16-3 Eastern Europe: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 16-4 Russia: HVAC Equipment Market Key Indicators, 2020
Figure 16-5 Russia: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion rubles)
Figure 16-6 Poland: HVAC Equipment Market Key Indicators, 2020
Figure 16-7 Poland: HVAC Equipment Demand, 2003 - 2020 (million dollars & million zloty)
Figure 16-8 Other Eastern Europe: HVAC Equipment Market Key Indicators, 2020
Figure 16-9 Other Eastern Europe: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 17-1 Asia/Pacific: HVAC Equipment Market Key Indicators, 2020
Figure 17-2 Asia/Pacific: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 17-3 Asia/Pacific: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 17-4 China: HVAC Equipment Market Key Indicators, 2020
Figure 17-5 China: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion yuan)
Figure 17-6 Japan: HVAC Equipment Market Key Indicators, 2020
Figure 17-7 Japan: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion yen)
Figure 17-8 India: HVAC Equipment Market Key Indicators, 2020
Figure 17-9 India: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion rupee)
Figure 17-10 South Korea: HVAC Equipment Market Key Indicators, 2020
Figure 17-11 South Korea: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion won)
Figure 17-12 Australia: HVAC Equipment Market Key Indicators, 2020
Figure 17-13 Australia: HVAC Equipment Demand, 2003 - 2020 (million US dollars & million Australian dollars)
Figure 17-14 Indonesia: HVAC Equipment Market Key Indicators, 2020
Figure 17-15 Indonesia: HVAC Equipment Demand, 2003 - 2020 (million dollars & billion rupiah)
Figure 17-16 Other Asia/Pacific: HVAC Equipment Market Key Indicators, 2020
Figure 17-17 Other Asia/Pacific: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 18-1 Africa/Mideast: HVAC Equipment Market Key Indicators, 2020
Figure 18-2 Africa/Mideast: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 18-3 Africa/Mideast: HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 18-4 Saudi Arabia: HVAC Equipment Market Key Indicators, 2020
Figure 18-5 Saudi Arabia: HVAC Equipment Demand, 2003 - 2020 (million dollars & million riyal)
Figure 18-6 Turkey: HVAC Equipment Market Key Indicators, 2020
Figure 18-7 Turkey: HVAC Equipment Demand, 2003 - 2020 (million dollars & million lira)
Figure 18-8 Other Africa/Mideast: HVAC Equipment Market Key Indicators, 2020
Figure 18-9 Other Africa/Mideast: HVAC Equipment Demand, 2003 - 2020 (million dollars)
Figure 19-1 Global HVAC Equipment Market Share by Company, 2020 (billion dollars)
Figure 19-2 Global HVAC Equipment Market, 2020: Leading Supplier
Figure 19-3 Global HVAC Equipment Market, 2020: Second Leading Supplier
Figure 19-4 Global HVAC Equipment Market, 2020: Third Leading Supplier
Figure 19-5 Global HVAC Equipment Market, 2020: Fourth Leading Supplier
Figure 19-6 Global HVAC Equipment Market, 2020: Fifth Leading Supplier
Methodology
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