Global HVAC Equipment

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

Table of Contents

HIGHLIGHTS

• Room Air Conditioners
• Heat Pumps
• Unitary Air Conditioners
• Central Heating Boilers
• Warm Air Furnaces
• Other HVAC Equipment

• Residential
• Nonresidential

• Regional Production Overview
• Regional Demand Overview
• North America
• Western Europe
• Asia/Pacific
• Other Regions

• Industry Characteristics
• Market Share

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

• 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