Skip navigation
Reports & Analysis Custom Research Research Subscriptions
Sign In / Create Account Cart
Sign In / Create Account Cart
  • Reports & Analysis
  • Custom Research
  • Research Subscriptions

Resources

  • Analyst Buzz
  • Press Releases
  • Blog
  • Resources & Downloads

The Freedonia Group

  • Contact
  • About
  • Our Staff
  • Help Center
  • Career Opportunities
Freedonia Market Research Freedonia Focus Reports Global HVAC Equipment

Global HVAC Equipment

Focus Reports, Global

Report Overview

This report forecasts to 2027 global demand for HVAC equipment by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: room air conditioners; heat pumps; unitary air conditioners; central heating boilers; warm air furnaces; and other products such as chillers, humidifiers, and dehumidifiers. Reported markets encompass: residential and nonresidential. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2012, 2017, and 2022. Finally, global shipments are segmented by major world region and provided for 2012, 2017, 2022, and 2027.

Excluded from the scope of this report 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; and equipment used in vehicles.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2022.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes

NAICS Codes Related to the HVAC Equipment Industry
NAICS Code Code Description
333414 Heating equipment (except warm air furnaces) manufacturing
333415 Air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing

Table of Contents


HIGHLIGHTS

GLOBAL PRODUCT OVERVIEW & FORECASTS
  • Room Air Conditioners
  • Heat Pumps
  • Unitary Air Conditioners
  • Central Heating Boilers
  • Warm Air Furnaces
  • Other HVAC Equipment
GLOBAL MARKET OVERVIEW & FORECASTS
  • Residential
  • Nonresidential
REGIONAL SEGMENTATION & FORECASTS
  • Regional Production Overview
  • Regional Demand Overview
  • North America
  • Western Europe
  • Asia/Pacific
  • Other Regions
INDUSTRY STRUCTURE
  • Industry Characteristics
  • Market Share
ABOUT THIS REPORT
  • Scope
  • Sources
  • Industry Codes
  • Freedonia Methodology
  • Resources
LIST OF TABLES & FIGURES
  • Figure 1 | Global HVAC Equipment Market Outlook, 2022 - 2027
  • Figure 2 | Global HVAC Equipment Demand by Product, 2012 - 2027 (US$ bil)
  • Table 1 | Global HVAC Equipment Demand by Product, 2012 - 2027 (US$ mil)
  • Figure 3 | Global HVAC Equipment Demand by Product, 2012 - 2027 (%)
  • Figure 4 | Global HVAC Equipment Demand by Market, 2012 - 2027 (US$ bil)
  • Table 2 | Global HVAC Equipment Demand by Market, 2012 - 2027 (US$ mil)
  • Figure 5 | Global HVAC Equipment Demand by Market, 2012 - 2027 (%)
  • Figure 6 | Global HVAC Equipment Shipments by Region, 2012 - 2027 (US$ bil)
  • Table 3 | Global HVAC Equipment Shipments by Region, 2012 - 2027 (US$ mil)
  • Figure 7 | Global HVAC Equipment Shipments by Region, 2012 - 2027 (%)
  • Figure 8 | Global HVAC Equipment Demand by Region, 2012 - 2027 (US$ bil)
  • Table 4 | Global HVAC Equipment Demand by Region, 2012 - 2027 (US$ mil)
  • Figure 9 | Global HVAC Equipment Demand by Region, 2012 - 2027 (%)
  • Figure 10 | North America: HVAC Equipment Demand by Product, 2012 - 2027 (US$ bil)
  • Figure 11 | North America: HVAC Equipment Demand by Market, 2012 - 2027 (US$ bil)
  • Table 5 | North America: HVAC Equipment Demand by Product & Market, 2012 - 2027 (US$ mil)
  • Figure 12 | Western Europe: HVAC Equipment Demand by Product, 2012 - 2027 (US$ bil)
  • Figure 13 | Western Europe: HVAC Equipment Demand by Market, 2012 - 2027 (US$ bil)
  • Table 6 | Western Europe: HVAC Equipment Demand by Product & Market, 2012 - 2027 (US$ mil)
  • Figure 14 | Asia/Pacific: HVAC Equipment Demand by Product, 2012 - 2027 (US$ bil)
  • Figure 15 | Asia/Pacific: HVAC Equipment Demand by Market, 2012 - 2027 (US$ bil)
  • Table 7 | Asia/Pacific: HVAC Equipment Demand by Product & Market, 2012 - 2027 (US$ mil)
  • Figure 16 | Other Regions: HVAC Equipment Demand by Region, 2012 - 2027 (US$ bil)
  • Figure 17 | Other Regions: HVAC Equipment Demand by Product, 2012 - 2027 (US$ bil)
  • Table 8 | Other Regions: HVAC Equipment Demand by Region & Product, 2012 - 2027 (US$ mil)
  • Figure 18 | Global HVAC Equipment Market Share by Company, 2022 (%)
  • Table 9 | Leading Suppliers to the Global HVAC Equipment Market
  • Table 10 | HS Codes Related to HVAC Equipment
  • Table 11 | NACE Codes Related to HVAC Equipment
  • Table 12 | NAICS & SIC Codes Related to HVAC Equipment
Purchase Options

Purchase Report

Select your license:

  • $1,100.00
  • $1,400.00

Free Sample Report

A free sample report is available.

Subscription Options

License by subscription

Check to see if this report is available through our subscription services.

Subscription Pricing
Already have a subscription? Log in.

Questions & Assistance

Email us

Share This Report

Copied to clipboard. Could not copy to clipboard.

Download a Free Sample Report Now

Sample Reports include examples of all the tables, charts, infographics and topics included in this study.
We are providing this product sample both to illustrate the nature of our product and to collect contact information for future marketing purposes. If you do not provide your marketing consent we reserve the right not to deliver the product sample.
The Freedonia Group needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.

Use Licenses

The Single User License (SUL) authorizes a single individual to use the electronic study acquired. Agreement to the SUL is required in order to purchase the study. If you require more than one user a Departmental Site License or Global Site License should be purchased. 

The Departmental Site License (DSL) authorizes up to five users to share the study acquired. Agreement to the DSL is required in order to purchase the study. If your organization requires more than five users, the Global Site License should be purchased.

The Global Site License (GSL) allows everyone in your organization to share the study intelligence. Agreement to the Global Site License terms is necessary in order to purchase it. 

;

Related Reports and Studies

  • US Plumbing Fixtures & Fittings Report

    Industry Reports

    This study analyzes US demand for plumbing fixtures and fittings by product type, material (for fixtures), market, and region and subregion.

    NEW! May 2025 257 pages
    Free sample available
  • Window & Door Components: United States Report

    Focus Reports

    This report forecasts to 2029 US window and door component demand in nominal US dollars at the manufacturer level (i.e., excluding the value of features and services added between the manufacturer and end user).

    NEW! April 2025 36 pages
    Free sample available
  • Mining Equipment: Global Report

    Focus Reports

    This report forecasts to 2029 global demand for mining equipment by product, market, and major world region in nominal US dollars at the manufacturer level.

    NEW! April 2025 41 pages
    Free sample available
  • Building Envelope: United States

    Focus Reports

    This report forecasts to 2029 US building envelope demand in nominal US dollars at the manufacturer level. Total demand is segmented by product in terms of: windows and exterior doors, roofing, siding, insulation, and air and water barriers.

    NEW! April 2025 42 pages
    Free sample available
  • Mining Equipment: United States Report

    Focus Reports

    This report forecasts to 2029 US mining equipment demand and production in nominal US dollars at the manufacturer level.

    NEW! April 2025 37 pages
    Free sample available
  • US Window & Door Components

    Industry Reports

    This report examines the US window and door components market by component type, market, window and door type, and window and door frame material in US dollars at the manufacturers’ level (i.e., excluding the value of features and services added between the manufacturer and end user).

    NEW! April 2025 179 pages
    Free sample available
  • Global Mining Equipment

    Industry Reports

    This Freedonia study analyzes the $145 billion global market for mining machinery. It provides supply and demand figures for 2014, 2019, and 2024, and forecasts for 2029 and 2034.

    NEW! April 2025 425 pages
    Free sample available
  • Global Siding (Cladding)

    Focus Reports

    This report forecasts to 2029 global demand for siding (cladding) by product, market, and major world region in square meters.

    NEW! March 2025 38 pages
    Free sample available
  • Siding: China Report

    Focus Reports

    This report forecasts to 2029 siding demand in square meters in China.

    NEW! March 2025 33 pages
    Free sample available
  • Siding: Europe Report

    Focus Reports

    This report forecasts to 2029 siding demand in square meters in Europe.

    NEW! March 2025 35 pages
    Free sample available
View More

Have unique research needs?

Freedonia Custom Research listens intently to your needs and objectives. Then we work diligently to define a service offering to meet them.
Learn About Our Custom Research Services

Stay informed with Freedonia

Receive periodic updates about new market research in areas relevant to your business. Have the convenience of Freedonia research at your fingertips when you need it.
The Freedonia Group needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.
  • Contact
  • About
  • Help Center
  • Career Opportunities
  • Press Contact
  • User Agreement
  • Privacy Policy
  • Site Map

Additional Resources

  • Market Size Resources
  • Lawn & Garden Market Research
  • Roofing Market Research
  • Pet Products Market Research
  • Countertops Market Research
  • Power Tools Market Research
  • Publishing for the PreK-12 Market Research
  • Insulation Market Resaerch
  • Cabinets Market Research
  • Flooring Market Research
  • Pet Supplements Market Research
  • Agricultural Equipment Market Research
  • Open Access Publishing Market Research
  • Silicones Market Research
  • For Legal Inquiries, contact Cohen & Cohen
Copyright © 2025 The Freedonia Group, Inc. All rights reserved.