Global Residential HVAC Equipment

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HVAC

This study examines the global residential HVAC equipment industry. Demand for residential HVAC equipment is segmented by product and global geographic region. Historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 are presented in current US dollars (including inflation) at the global, regional, and country regions.

For the purposes of this study, residential HVAC equipment is defined as that used in:

  • 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

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)
  • central heating 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

Housing units located in a structure whose primary purpose is something other than habitation, such as a small living space contained in a larger retail facility, are outside of the study’s scope.

Demand by Region

Global demand for HVAC equipment in the residential market is forecast to increase 4.0% per year to $49.3 billion in 2025. Factors contributing to sales will vary across regions:

  • Higher income regions, where a significant amount of equipment is currently installed, will continue to generate large shares of demand from the replacement of existing units.
  • Demand gains in lower income areas will typically be associated with either new construction or the addition of HVAC systems to existing buildings lacking these features.

The Asia/Pacific region will account for the largest share of demand gains through 2025, with above average growth anticipated in China, India, and other emerging markets. Ongoing urbanization will fuel growth in new construction, while rising income levels will make HVAC systems more accessible to buyers.

North America will continue to represent a large portion of demand, reflecting high penetration of both heating and cooling equipment in the US. However, market growth is expected to slow somewhat relative to the 2015-2020 period, when performance was boosted by the strength of residential construction in the US in 2020.

Both Western and Eastern Europe achieved above average demand growth between 2015 and 2020, but this trend is not expected to be repeated through 2025. Strong growth over the 2015-2020 period in both regions was mainly attributable to recovery from weak 2015 sales, and market maturity will slow the pace of gains going forward.

HVAC

Demand by Product

Through 2025, global demand for HVAC equipment is projected to rise 4.0% per year to $49.3 billion. Heat pumps are expected to achieve particularly strong gains:

  • Sales of these products will be supported by diverse incentives and initiatives promoting heat pumps as eco-friendly and efficient comfort cooling systems.
  • In particular, heat pumps are gaining market share in European countries, as adoption of these products will help EU member nations to meet climate targets.

Room air conditioners are forecast to account for the largest share of growth in value terms, and these products will remain the most widely used HVAC equipment type in unit terms. Sales of room air conditioners will be bolstered by market expansion in emerging markets like India, where the low price point of these models continues to be a major advantage.

Warm air furnaces are also projected to post rapid gains through 2025. Growth for this equipment will be driven mainly by a strong outlook in the US, which accounted for 66% of global demand in 2020.

Product demand trends vary across region, with sales dependent on a region’s:

  • level of economic development
  • local climate
  • preference for comfort cooling
  • building design trends
  • age of building stock

Heating equipment is generally viewed as a necessity, especially in colder climates, while comfort cooling is seen as more of a luxury or convenience in many nations.

HVAC

Unitary Air Conditioners

Unitary air conditioners utilize compressed refrigerant gas to cool air that is distributed throughout a building via ductwork. Unitary air conditioners are the most widely used type of central air conditioning equipment in the world. Unitary air conditioners can be segmented into two types: split unitary conditioners and packaged units.

Global demand for unitary air conditioners is projected to increase 3.1% per year to $5.9 billion in 2025:

  • Growth will be supported by rising residential building construction activity in the US, which accounts for nearly two-thirds of global demand.
  • However, sales gains will be restrained by the maturity of the US market, as there is little untapped opportunity for greater market penetration in the country.

Outside of North America, the greatest sales gains are expected in the Asia/Pacific region. This region is home to numerous emerging markets in hot weather climates, and rising building construction combined with increasingly modern design standards will allow for significant sales gains. Growth will be relatively healthy in Western Europe despite the general maturity of the region’s construction industries, with opportunities for greater market penetration as AC has been uncommon historically.

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  1. Global Residential HVAC Equipment

    $3,900.00

    1. 1 Executive Summary

      $82.00

      1. Figure 1-1 | Global Residential HVAC Equipment Market

    2. 2 About This Report

      $305.00

      1. 2.1 Report Details

        $82.00

      2. 2.2 Study Scope & Product Description

        $82.00

      3. 2.3 Impact of COVID-19 Pandemic

        $220.00

        1. Table | Annual Global Residential HVAC Equipment Demand by Region, 2019 - 2021

        2. Table | Annual Global Residential HVAC Equipment Demand by Product, 2019 - 2021

        3. Figure 2-1 | Annual Global Residential HVAC Equipment Demand, 2018 - 2025

    3. 3 Overview

      $410.00

      1. 3.1 Historical Market Trends

        $141.00

        1. Table | Global Residential HVAC Equipment Demand, 2010 - 2020

        2. Figure 3-1 | Global Residential HVAC Equipment Demand, 2010 - 2020

      2. 3.2 Residential Construction Outlook & Demand Factors

        $82.00

        1. Figure 3-2 | Global Residential Building Expenditures by Region, 2010 - 2030

      3. 3.3 Demand by Region

        $135.00

        1. Table | Global Residential HVAC Equipment Demand by Region, 2010 - 2030

        2. Figure 3-3 | Global Residential HVAC Equipment Demand by Region, 2010 - 2030

      4. 3.4 Leading Country Markets

        $82.00

        1. Figure 3-4 | Residential HVAC Equipment: Leading Country Markets, 2020

      5. 3.5 Leading Producers

        $82.00

        1. Figure 3-5 | Global Residential HVAC Equipment Market Share by Company, 2020

    4. 4 Products

      $795.00

      1. 4.1 Demand by Product

        $137.00

        1. Table | Global Residential HVAC Equipment Demand by Product, 2010 - 2030

        2. Figure 4-1 | Global Residential HVAC Equipment Demand by Product, 2010 - 2030

      2. 4.2 Room Air Conditioners

        $117.00

        1. Table | Global Residential Room Air Conditioner Demand by Region, 2010 - 2030

      3. 4.3 Heat Pumps

        $108.00

        1. Table | Global Residential Heat Pump Demand by Region, 2010 - 2030

      4. 4.4 Unitary Air Conditioners

        $100.00

        1. Table | Global Residential Unitary Air Conditioner Demand by Region, 2010 - 2030

      5. 4.5 Central Heating Boilers

        $115.00

        1. Table | Global Residential Central Heating Boiler Demand by Region, 2010 - 2030

      6. 4.6 Warm Air Furnaces

        $111.00

        1. Table | Global Residential Warm Air Furnace Demand by Region, 2010 - 2030

      7. 4.7 Other Residential HVAC Equipment

        $106.00

        1. Table | Other Residential HVAC Equipment Demand by Region, 2010 - 2030

    5. 5 North America

      $792.00

      1. 5.1 North America: Residential HVAC Equipment Market Size & Historical Trends

        $88.00

        1. Figure 5-1 | North America: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 5-2 | North America: Residential HVAC Equipment Demand, 2010 - 2020

      2. 5.2 North America: Demand by Country & Product

        $166.00

        1. Table | North America: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 5-3 | North America: Residential HVAC Equipment Demand by Country, 2020

      3. 5.3 United States

        $181.00

        1. 5.3.1 United States: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 5-4 | United States: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 5-5 | United States: Residential HVAC Equipment Demand, 2010 - 2020

        2. 5.3.2 United States: Demand by Product

          $120.00

          1. Table | United States: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 5.4 Canada

        $173.00

        1. 5.4.1 Canada: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 5-6 | Canada: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 5-7 | Canada: Residential HVAC Equipment Demand, 2010 - 2020

        2. 5.4.2 Canada: Demand by Product

          $113.00

          1. Table | Canada: Residential HVAC Equipment Demand by Product, 2010 - 2030

      5. 5.5 Mexico

        $181.00

        1. 5.5.1 Mexico: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 5-8 | Mexico: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 5-9 | Mexico: Residential HVAC Equipment Demand, 2010 - 2020

        2. 5.5.2 Mexico: Demand by Product

          $123.00

          1. Table | Mexico: Residential HVAC Equipment Demand by Product, 2010 - 2030

    6. 6 Central & South America

      $647.00

      1. 6.1 Central & South America: Residential HVAC Equipment Market Size & Historical Trends

        $98.00

        1. Figure 6-1 | Central & South America: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 6-2 | Central & South America: Residential HVAC Equipment Demand, 2010 - 2020

      2. 6.2 Central & South America: Demand by Country & Product

        $165.00

        1. Table | Central & South America: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 6-3 | Central & South America: Residential HVAC Equipment Demand by Country, 2020

      3. 6.3 Brazil

        $175.00

        1. 6.3.1 Brazil: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 6-4 | Brazil: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 6-5 | Brazil: Residential HVAC Equipment Demand, 2010 - 2020

        2. 6.3.2 Brazil: Demand by Product

          $115.00

          1. Table | Brazil: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 6.4 Other Central & South America

        $205.00

        1. 6.4.1 Other Central & South America: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 6-6 | Other Central & South America: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 6-7 | Other Central & South America: Residential HVAC Equipment Demand, 2010 - 2020

        2. 6.4.2 Other Central & South America: Demand by Product

          $131.00

          1. Table | Other Central & South America: Residential HVAC Equipment Demand by Product, 2010 - 2030

    7. 7 Western Europe

      $1,354.00

      1. 7.1 Western Europe: Residential HVAC Equipment Market Size & Historical Trends

        $89.00

        1. Figure 7-1 | Western Europe: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 7-2 | Western Europe: Residential HVAC Equipment Demand, 2010 - 2020

      2. 7.2 Western Europe: Demand by Country & Product

        $204.00

        1. Table | Western Europe: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 7-3 | Western Europe: Residential HVAC Equipment Demand by Country, 2020

      3. 7.3 Germany

        $175.00

        1. 7.3.1 Germany: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-4 | Germany: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-5 | Germany: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.3.2 Germany: Demand by Product

          $116.00

          1. Table | Germany: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 7.4 United Kingdom

        $179.00

        1. 7.4.1 United Kingdom: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-6 | United Kingdom: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-7 | United Kingdom: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.4.2 United Kingdom: Demand by Product

          $115.00

          1. Table | United Kingdom: Residential HVAC Equipment Demand by Product, 2010 - 2030

      5. 7.5 Italy

        $169.00

        1. 7.5.1 Italy: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-8 | Italy: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-9 | Italy: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.5.2 Italy: Demand by Product

          $111.00

          1. Table | Italy: Residential HVAC Equipment Demand by Product, 2010 - 2030

      6. 7.6 France

        $171.00

        1. 7.6.1 France: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-10 | France: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-11 | France: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.6.2 France: Demand by Product

          $113.00

          1. Table | France: Residential HVAC Equipment Demand by Product, 2010 - 2030

      7. 7.7 Spain

        $170.00

        1. 7.7.1 Spain: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-12 | Spain: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-13 | Spain: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.7.2 Spain: Demand by Product

          $112.00

          1. Table | Spain: Residential HVAC Equipment Demand by Product, 2010 - 2030

      8. 7.8 Other Western Europe

        $195.00

        1. 7.8.1 Other Western Europe: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 7-14 | Other Western Europe: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 7-15 | Other Western Europe: Residential HVAC Equipment Demand, 2010 - 2020

        2. 7.8.2 Other Western Europe: Demand by Product

          $129.00

          1. Table | Other Western Europe: Residential HVAC Equipment Demand by Product, 2010 - 2030

    8. 8 Eastern Europe

      $788.00

      1. 8.1 Eastern Europe: Residential HVAC Equipment Market Size Historical Trends

        $88.00

        1. Figure 8-1 | Eastern Europe: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 8-2 | Eastern Europe: Residential HVAC Equipment Demand, 2010 - 2020

      2. 8.2 Eastern Europe: Demand by Country & Product

        $163.00

        1. Table | Eastern Europe: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 8-3 | Eastern Europe: Residential HVAC Equipment Demand by Country, 2020

      3. 8.3 Russia

        $170.00

        1. 8.3.1 Russia: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 8-4 | Russia: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 8-5 | Russia: Residential HVAC Equipment Demand, 2010 - 2020

        2. 8.3.2 Russia: Demand by Product

          $112.00

          1. Table | Russia: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 8.4 Poland

        $171.00

        1. 8.4.1 Poland: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 8-6 | Poland: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 8-7 | Poland: Residential HVAC Equipment Demand, 2010 - 2020

        2. 8.4.2 Poland: Demand by Product

          $113.00

          1. Table | Poland: Residential HVAC Equipment Demand by Product, 2010 - 2030

      5. 8.5 Other Eastern Europe

        $194.00

        1. 8.5.1 Other Eastern Europe: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 8-8 | Other Eastern Europe: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 8-9 | Other Eastern Europe: Residential HVAC Equipment Demand, 2010 - 2020

        2. 8.5.2 Other Eastern Europe: Demand by Product

          $127.00

          1. Table | Other Eastern Europe: Residential HVAC Equipment Demand by Product, 2010 - 2030

    9. 9 Asia/Pacific

      $1,547.00

      1. 9.1 Asia/Pacific: Residential HVAC Equipment Market Size & Historical Trends

        $87.00

        1. Figure 9-1 | Asia/Pacific: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 9-2 | Asia/Pacific: Residential HVAC Equipment Demand, 2010 - 2020

      2. 9.2 Asia/Pacific: Demand by Country & Product

        $213.00

        1. Table | Asia/Pacific: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 9-3 | Asia/Pacific: Residential HVAC Equipment Demand by Country, 2020

      3. 9.3 China

        $176.00

        1. 9.3.1 China: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-4 | China: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-5 | China: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.3.2 China: Demand by Product

          $119.00

          1. Table | China: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 9.4 Japan

        $172.00

        1. 9.4.1 Japan: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-6 | Japan: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-7 | Japan: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.4.2 Japan: Demand by Product

          $115.00

          1. Table | Japan: Residential HVAC Equipment Demand by Product, 2010 - 2030

      5. 9.5 India

        $171.00

        1. 9.5.1 India: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-8 | India: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-9 | India: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.5.2 India: Demand by Product

          $114.00

          1. Table | India: Residential HVAC Equipment Demand by Product, 2010 - 2030

      6. 9.6 South Korea

        $178.00

        1. 9.6.1 South Korea: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-10 | South Korea: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-11 | South Korea: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.6.2 South Korea: Demand by Product

          $116.00

          1. Table | South Korea: Residential HVAC Equipment Demand by Product, 2010 - 2030

      7. 9.7 Indonesia

        $172.00

        1. 9.7.1 Indonesia: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-12 | Indonesia: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-13 | Indonesia: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.7.2 Indonesia: Demand by Product

          $112.00

          1. Table | Indonesia: Residential HVAC Equipment Demand by Product, 2010 - 2030

      8. 9.8 Australia

        $180.00

        1. 9.8.1 Australia: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-14 | Australia: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-15 | Australia: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.8.2 Australia: Demand by Product

          $117.00

          1. Table | Australia: Residential HVAC Equipment Demand by Product, 2010 - 2030

      9. 9.9 Other Asia/Pacific

        $195.00

        1. 9.9.1 Other Asia/Pacific: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 9-16 | Other Asia/Pacific: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 9-17 | Other Asia/Pacific: Residential HVAC Equipment Demand, 2010 - 2020

        2. 9.9.2 Other Asia/Pacific: Demand by Product

          $130.00

          1. Table | Other Asia/Pacific: Residential HVAC Equipment Demand by Product, 2010 - 2030

    10. 10 Africa/Mideast

      $790.00

      1. 10.1 Africa/Mideast: Residential HVAC Equipment Market Size & Historical Trends

        $90.00

        1. Figure 10-1 | Africa/Mideast: Residential HVAC Equipment Market Key Indicators, 2020

        2. Figure 10-2 | Africa/Mideast: Residential HVAC Equipment Demand, 2010 - 2020

      2. 10.2 Africa/Mideast: Demand by Country & Product

        $166.00

        1. Table | Africa/Mideast: Residential HVAC Equipment Demand by Country & Product, 2010 - 2030

        2. Figure 10-3 | Africa/Mideast: Residential HVAC Equipment Demand by Country, 2020

      3. 10.3 Saudi Arabia

        $174.00

        1. 10.3.1 Saudi Arabia: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 10-4 | Saudi Arabia: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 10-5 | Saudi Arabia: Residential HVAC Equipment Demand, 2010 - 2020

        2. 10.3.2 Saudi Arabia: Demand by Product

          $111.00

          1. Table | Saudi Arabia: Residential HVAC Equipment Demand by Product, 2010 - 2030

      4. 10.4 Turkey

        $174.00

        1. 10.4.1 Turkey: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 10-6 | Turkey: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 10-7 | Turkey: Residential HVAC Equipment Demand, 2010 - 2020

        2. 10.4.2 Turkey: Demand by Product

          $115.00

          1. Table | Turkey: Residential HVAC Equipment Demand by Product, 2010 - 2030

      5. 10.5 Other Africa/Mideast

        $184.00

        1. 10.5.1 Other Africa/Mideast: Residential HVAC Equipment Market Size & Historical Trends

          $82.00

          1. Figure 10-8 | Other Africa/Mideast: Residential HVAC Equipment Market Key Indicators, 2020

          2. Figure 10-9 | Other Africa/Mideast: Residential HVAC Equipment Demand, 2010 - 2020

        2. 10.5.2 Other Africa/Mideast: Demand by Product

          $118.00

          1. Table | Other Africa/Mideast: Residential HVAC Equipment Demand by Product, 2010 - 2030

    11. 11 Appendix

      $3,440.00

      1. 11.1 Scope

        $313.00

        1. Table | Relevant HS Codes

        2. Table | Relevant NACE Codes

        3. Table | Relevant NAICS & SIC Codes

      2. 11.2 Definitions

        $82.00

      3. 11.3 Freedonia Methodology

        $387.00

      4. 11.4 Study-Specific Methodology

        $82.00

      5. 11.5 Sources

        $82.00

      6. 11.6 Associations & Agencies

        $82.00

      7. 11.7 Related Studies & Reports

        $107.00

      8. 11.8 Country Lists by Region

        $481.00

        1. Table | Countries in North America

        2. Table | Countries in Central & South America

        3. Table | Countries in Western Europe

        4. Table | Countries in Eastern Europe

        5. Table | Countries in the Asia/Pacific Region

        6. Table | Countries in the Africa/Mideast Region

      9. 11.9 Macroeconomic Assumptions

        $1,929.00

        1. 11.9.1 Global Economic Outlook

          $455.00

          1. Table | Global Gross Domestic Product by Region & Country, 2010 - 2030

        2. 11.9.2 Global Population

          $481.00

          1. Table | Global Population by Region & Country, 2010 - 2030

        3. 11.9.3 Global Residential Building Construction Outlook

          $973.00

          1. Table | Global Residential Building Construction Expenditures by Region & Country, 2010 - 2030

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