PUBLISHER: TechNavio | PRODUCT CODE: 1653043
PUBLISHER: TechNavio | PRODUCT CODE: 1653043
The commercial HVAC market is forecasted to grow by USD 28.8 million during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the commercial HVAC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of data centers, growth in construction market, and rising need for regulatory compliance in HVAC equipment.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.4% |
CAGR | 4.7% |
Incremental Value | $28.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's commercial HVAC market is segmented as below:
By Application
By Type
By Technology
By Variant
By Geographical Landscape
This study identifies the emerging smart and connected HVAC as one of the prime reasons driving the commercial HVAC market growth during the next few years. Also, shift toward energy-efficient buildings/green buildings and growing adoption of advanced refrigerants in air conditioners will lead to sizable demand in the market.
The report on the commercial HVAC market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial HVAC market vendors that include Arkema, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., Fujitsu Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Smart Home Co. Ltd., Honeywell International Inc., Johnson Controls International PLC, Lennox International Inc., LG Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Nortek, Panasonic Holdings Corp., Rheem Manufacturing Co., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Trane Technologies PLC. Also, the commercial HVAC market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: