Key Highlights
- HVAC stands for heating, ventilation, and air conditioning. It refers to the mechanisms that control and distribute heated and cooled air in residential, industrial, and commercial structures, including workplaces, residences, and indoor stadiums.
- The European HVAC market recorded revenues of $65.9 billion in 2024, representing a compound annual growth rate (CAGR) of 3.4% between 2019 and 2024.
- The commercial segment accounted for the market's largest proportion in 2024, with total revenues of $25.7 billion, equivalent to 39.0% of the market's overall value.
- The rise in mega infrastructure projects is a key driver for the European HVAC market, as large commercial complexes, airports, and industrial facilities require sophisticated heating, ventilation, and air conditioning systems for optimal climate control and energy efficiency. Construction projects of large airports, such as London Heathrow Airport Expansion in the UK and Bordeaux Airport Expansion in France, are fueling demand for advanced HVAC solutions to maintain air quality and ensure comfort in expansive indoor spaces.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hvac market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hvac market in Europe
- Leading company profiles reveal details of key hvac market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe hvac market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Europe hvac market by value in 2024?
- What will be the size of the Europe hvac market in 2029?
- What factors are affecting the strength of competition in the Europe hvac market?
- How has the market performed over the last five years?
- Who are the top competitiors in Europe's hvac market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Reworld Holding Corp
- Wheelabrator Technologies Inc
- Waste Management Inc
- Suez SA

