HVAC System Market Forecast to 2028

HVAC System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Thermostat, Air Handling Units, Central ACs, Furnace, Heat Pump, Compressor, and Others), Type (Split System, Ductless System, and Packaged System), Implementation (New Installation and Retrofit), and Application (Residential, Commercial, and Industrial)

Report Code : TIPRE00005293 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 30/Jul/2022

The HVAC system market is projected to reach US$ 455.96 billion by 2028 from US$ 246.10 billion in 2022. It is expected to grow at a CAGR of 10.8% during 2022–2028.

The usage of air conditioners is our safeguard once the common temperature increases. However, many people are seen to be aware of how necessary it is to decide on an air conditioner unit and the way how it is important to exchange an inefficient air conditioning system for an updated version. In HVAC system market analysis, such growth in awareness will have a positive impact. New HVAC systems are economical and far more environment friendly and improve indoor air quality. To decrease greenhouse gas emissions, several countries entered into a pact to work together towards that goal. The focus behind this is to limit the number of hydrofluorocarbon refrigerants (HFC) used in many air conditioners, as HFC is considered the most damaging to energy utilization. Acceptance of modern HVAC systems, owing to their lower greenhouse gas emission rates, is expected to further boost HVAC system market size. HVAC systems provide benefits such as cost savings and energy savings and help to maintain sustainable goals regarding environmental safety. The above-mentioned factors will positively fuel the adoption of HVAC system, and thus would promote the HVAC system market growth

Impact of COVID-19 Pandemic on HVAC System Market Growth

Limitations imposed by governments to control the spread of COVID-19 during the initial phase of the global health crisis affected the daily operations of most automobile manufacturers. Stringent restrictions and supply chain disruptions, which resulted in the shortage of semiconductor chips, put most HVAC system market players in jeopardy. Several economies in the Asia Pacific region experienced a sharp decline in their GDP in 2020 due to the sudden closedown of most economic activities across the country. China, Japan, and ASEAN countries' machinery exports declined. The implementation of travel restrictions, the emergence of the delta variant of COVID-19, and other issues plagued global value chains (GVCs) in 2021. For the Association of Southeast Asian Nations (ASEAN), machinery exports have fluctuated, but general and electric machinery goods and precision machinery final products have maintained exports beyond the pre-pandemic levels. East Asia continued to export more machinery than before the pandemic, at least regionally, through August 2021, despite recent irregular dips in specific countries and industries. After the lockdown was implemented in 2020, manufacturing in India reportedly ceased, except for the rice milling industry, where production is said to have decreased by 50%, according to a United Nations Industrial Development Organization (UNIDO) survey. Metals and chemical goods, automobiles, machinery and equipment, textiles, and other manufacturing-related businesses were among the most impacted sectors. Such closures and decline in manufacturing activities led to decline in HVAC system market growth. Such trends were witnessed globally. But demand for HVAC systems started gaining momentum by the end of 2020, as industries started resuming operations, along with most commercial establishments.

APAC is expected to hold more than 35% of HVAC system market share by 2028. China accounts for the largest HVAC system market share in Asia Pacific, followed by Japan and South Korea. The HVAC system market in China is growing at one of the fastest paces globally. Residential and commercial buildings in the country have been among the prime adopters of HVAC systems in APAC. Energy demand for space cooling in buildings in the India is rising at a rapid pace, placing strains on the electricity system and indirectly contributing to local air pollution and carbon dioxide (CO2) emissions. The HVAC system market in India experienced growth by developing additional features like air filtration capabilities to existing HVAC systems. High temperature through the summer in the northern region of India and high humidly levels in the southern and western regions are driving the growth of the HVAC system market size in the country.

The size of a residential and commercial HVAC units differs significantly. Their requirements for conditioning a space likewise vary greatly. As a result, commercial units are substantially larger than HVAC systems of residential units. Three elements are needed to regulate the climate of a commercial building: warm or cool air, a distribution system and controls. The same thermostat controls both the heated and cooled air in the commercial building which circulates through the same ducts. When the heating in a commercial HVAC system is turned on, the burners typically produce combustion gas that is delivered to the heat exchanger, where it warms the air passing through. Commercial buildings use straightforward, programmable thermostats that send different heating or cooling queues throughout, which is similar to residential HVAC systems. Growing demand from commercial establishments is expected to boost the HVAC system market growth.

Daikin Industries, Ltd.; Emerson Electric Co.; Rheem Manufacturing Company; Honeywell International Ltd.; Johnson Controls International plc; LG Electronics, Inc.; EVAPCO; Lennox International; Carrier AG and Trane Technologies, Inc. are among the key HVAC system market players.

The overall HVAC system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the HVAC system market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the HVAC system market.

According to the new research report on "HVAC System Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 455.96 billion by 2028, registering a CAGR of 10.8% from 2022 to 2028.

Germany, France, Italy, the UK, and Russia are among the several developed economies in Europe. Increasing adoption of digitalization across the European region is not only influencing different industries to maximize their capabilities but also experiencing high adoption of advanced solutions across the region. This is aiding the HVAC system market players to increase profitability by expanding the platforms of distribution. The demand for heating or cooling that is implemented by the HVAC systems is driven by the increasing need in industrial, commercial building spaces, or residential areas. The regulations formed by the governments in Europe in accordance with energy efficiency and the preference for eco-friendly refrigerants in regions such as the United Kingdom, Germany, and France. Major German HVAC system market players are shifting their focus on developing an advanced HVAC system that will be able to offer cooling capacity and potential space-saving in a minimal footprint. Such factors strong promoted the HVAC system market analysis in the region.

During the COVID-19 pandemic, the manufacturing sector across the world had to discontinue its operations due to disruptions in supply chains and the imposition of temporary travel restrictions. The supply chain disruption resulted in the shortage of semiconductor chips and other components & raw materials, thereby hampering HVAC system production. Temporary shutdown of industrial and residential complexes resulted in a decrease in the sales of aftermarket HVAC system components. Such factors affected the HVAC system market growth globally. The effect of the COVID-19 pandemic differed from country to country across Europe, as selected countries experienced an extremely high number of COVID-19 cases, and subsequently attracted strict lockdown or social restrictions for extended periods. The European HVAC system and component manufacturers experienced a slight decline in the first three quarters of 2020. Machinery exports dramatically decreased during this period of 2020. The negative impacts on the transport and equipment sector were more severe than on the general, electric, and precision machinery industries, especially in Europe. It thus directly affected more than 1.1 million jobs due to the shutdowns of factories between March and May 2020. Such factors resulted in delayed implementation or even cancellation of several regional HVAC installations, as organizations focused more on adapting to the changing business dynamics. It thus negatively impacted the HVAC system market growth across the globe.

The HVAC system market analysis is segmented into component, type, implementation and application. Based on component, the market is segmented into thermostat, air handling units, central ACs, furnace, heat pump, compressor, and others. On the basis of type, the HVAC system market is segmented into split system, ductless system, and packaged system. Based on installation, the HVAC system market is bifurcated into new installation and retrofit. On the basis of application, the market is further segmented in to residential, commercial and industrial.

The top five global HVAC system market players included Daikin Industries, Ltd., Johnson Controls International plc, Carrier AG, Trane Technologies, Inc., and Lennox International in 2021. The ranking of these companies is derived by giving weightage to the following key performance parameters: overall revenue, segment revenue, geographical reach, customer base, new product launches, market initiatives, investment in technology up-gradation, R&D investments, mergers & acquisitions, and other market-related activities. Various other notable HVAC system market players profiled in this report are Emerson Electric Co., Rheem Manufacturing Company, Honeywell International Ltd., LG Electronics, Inc. and EVAPCO, etc.

Key Findings of Market Study:

The traditional HVAC system is a split system with units both inside and outside the premises. The outside units produce a lot of noise whilst the indoor units don’t. These older systems have less energy efficiency, generate, and contribute to emission of greenhouse gases due to older standard of components used in the system and need frequent maintenance increasing the overhead costs. Thus replacement rate of the same is increasing globally. Modern ductless HVAC systems, also known as mini-splits are built to functions without ducts. They are made up of an exterior unit connected to an air conditioner or heat pump with a tiny fan coil. These systems are typically more expensive to install initially but because they are typically more energy efficient, thus compensating for initial high installation costs. Development of such modern HVAC system are expected to offer the HVAC system market growth opportunities.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. HVAC System Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. HVAC System Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Demand for Energy Efficient Solutions

5.1.2 Growth in Government Regulatory Policies for Energy Saving and Conservation

5.1.3 Development of Smart HVAC System Promoting Demand

5.2 Key Market Restraints

5.2.1 Lack of Skilled Technical Workforce

5.3 Key Market Opportunities

5.3.1 Need for Replacement of Traditional HVAC Systems with Newer HVAC Systems

5.4 Future Trends

5.4.1 Rising Integration of IoT with HVAC Systems

5.5 Impact Analysis of Drivers and Restraints

6. HVAC System Market – Global Market Analysis

6.1 Global HVAC System Market Overview

6.2 Global HVAC System Market Revenue Forecast and Analysis

6.3 Global HVAC System Market Volume Forecast and Analysis

6.4 Market Positioning – Five Key Players

6.5 Competitive Benchmarking

6.6 Growth Matrix

7. HVAC System Market Analysis – By Component

7.1 Overview

7.2 HVAC System Market, by Component (2021 and 2028)

7.3 Thermostat

7.3.1 Overview

7.3.2 Thermostat: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Air Handling Units

7.4.1 Overview

7.4.2 Air Handling Units: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Central ACs

7.5.1 Overview

7.5.2 Central ACs: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Furnace

7.6.1 Overview

7.6.2 Furnace: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Heat Pump

7.7.1 Overview

7.7.2 Heat Pump: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Compressor

7.8.1 Overview

7.8.2 Compressor: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

7.9 Others

7.9.1 Overview

7.9.2 Others: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

8. HVAC System Market Analysis – By Type

8.1 Overview

8.2 HVAC System Market, By Type (2021 and 2028)

8.3 Split System

8.3.1 Overview

8.3.2 Split System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

8.4 Ductless System

8.4.1 Overview

8.4.2 Ductless System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

8.5 Packaged System

8.5.1 Overview

8.5.2 Packaged System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

9. Global HVAC System Market Analysis – By Implementation

9.1 Overview

9.2 HVAC System Market, By Implementation (2021 and 2028)

9.3 New Installation

9.3.1 Overview

9.3.2 New Installation: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

9.4 Retrofit

9.4.1 Overview

9.4.2 Retrofit: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

10. Global HVAC System Market Analysis – By Application

10.1 Overview

10.2 HVAC System Market, By Application (2021 and 2028)

10.3 Residential

10.3.1 Overview

10.3.2 Residential: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

10.3.3 Residential: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

10.4 Commercial

10.4.1 Overview

10.4.2 Commercial: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

10.4.3 Commercial: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

10.5 Industrial

10.5.1 Overview

10.5.2 Industrial: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

10.5.3 Industrial: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

11. HVAC System Market – Geographic Analysis

11.1 Overview

11.2 North America: HVAC System Market

11.2.1 Overview

11.2.2 North America HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.2.3 North America: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

11.2.4 North America HVAC System Market Breakdown, by Component

11.2.5 North America HVAC System Market Breakdown, by Type

11.2.6 North America HVAC System Market Breakdown, by Implementation

11.2.7 North America HVAC System Market Breakdown, by Application

11.2.8 North America HVAC System Market Breakdown, by Country

11.2.8.1 US HVAC System Market, Revenue and Forecast to 2028

11.2.8.1.1 US HVAC System Market Breakdown, by Component

11.2.8.1.2 US HVAC System Market Breakdown, by Type

11.2.8.1.3 US HVAC System Market Breakdown, by Implementation

11.2.8.1.4 US HVAC System Market Breakdown, by Application

11.2.8.1.5 US HVAC System Market Breakdown, by Application (Volume)

11.2.8.2 Canada HVAC System Market, Revenue and Forecast to 2028

11.2.8.2.1 Canada HVAC System Market Breakdown, by Component

11.2.8.2.2 Canada HVAC System Market Breakdown, by Type

11.2.8.2.3 Canada HVAC System Market Breakdown, by Implementation

11.2.8.2.4 Canada HVAC System Market Breakdown, by Application

11.2.8.2.5 Canada HVAC System Market Breakdown, by Application (Volume)

11.2.8.3 Mexico HVAC System Market, Revenue and Forecast to 2028

11.2.8.3.1 Mexico HVAC System Market Breakdown, by Component

11.2.8.3.2 Mexico HVAC System Market Breakdown, by Type

11.2.8.3.3 Mexico HVAC System Market Breakdown, by Implementation

11.2.8.3.4 Mexico HVAC System Market Breakdown, by Application

11.2.8.3.5 Mexico HVAC System Market Breakdown, by Application (Volume)

11.3 Europe: HVAC System Market

11.3.1 Overview

11.3.2 Europe HVAC System Market Revenue and Forecast to 2028 (US$ million)

11.3.3 Europe: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

11.3.4 Europe HVAC System Market Breakdown, by Component

11.3.5 Europe HVAC System Market Breakdown, by Type

11.3.6 Europe HVAC System Market Breakdown, by Implementation

11.3.7 Europe HVAC System Market Breakdown, by Application

11.3.8 Europe HVAC System Market Breakdown, by Country

11.3.8.1 Germany HVAC System Market, Revenue and Forecast to 2028

11.3.8.1.1 Germany HVAC System Market Breakdown, by Component

11.3.8.1.2 Germany HVAC System Market Breakdown, by Type

11.3.8.1.3 Germany HVAC System Market Breakdown, by Implementation

11.3.8.1.4 Germany HVAC System Market Breakdown, by Application

11.3.8.1.5 Germany HVAC System Market Breakdown, by Application (Volume)

11.3.8.2 France HVAC System Market, Revenue and Forecast to 2028

11.3.8.2.1 France HVAC System Market Breakdown, by Component

11.3.8.2.2 France HVAC System Market Breakdown, by Type

11.3.8.2.3 France HVAC System Market Breakdown, by Implementation

11.3.8.2.4 France HVAC System Market Breakdown, by Application

11.3.8.2.5 France HVAC System Market Breakdown, by Application (Volume)

11.3.8.3 Italy HVAC System Market, Revenue and Forecast to 2028

11.3.8.3.1 Italy HVAC System Market Breakdown, by Component

11.3.8.3.2 Italy HVAC System Market Breakdown, by Type

11.3.8.3.3 Italy HVAC System Market Breakdown, by Implementation

11.3.8.3.4 Italy HVAC System Market Breakdown, by Application

11.3.8.3.5 Italy HVAC System Market Breakdown, by Application (Volume)

11.3.8.4 UK HVAC System Market, Revenue and Forecast to 2028

11.3.8.4.1 UK HVAC System Market Breakdown, by Component

11.3.8.4.2 UK HVAC System Market Breakdown, by Type

11.3.8.4.3 UK HVAC System Market Breakdown, by Implementation

11.3.8.4.4 UK HVAC System Market Breakdown, by Application

11.3.8.4.5 UK HVAC System Market Breakdown, by Application (Volume)

11.3.8.5 Russia HVAC System Market, Revenue and Forecast to 2028

11.3.8.5.1 Russia HVAC System Market Breakdown, by Component

11.3.8.5.2 Russia HVAC System Market Breakdown, by Type

11.3.8.5.3 Russia HVAC System Market Breakdown, by Implementation

11.3.8.5.4 Russia HVAC System Market Breakdown, by Application

11.3.8.5.5 Russia HVAC System Market Breakdown, by Application (Volume)

11.3.8.6 Rest of Europe HVAC System Market, Revenue and Forecast to 2028

11.3.8.6.1 Rest of Europe HVAC System Market Breakdown, by Component

11.3.8.6.2 Rest of Europe HVAC System Market Breakdown, by Type

11.3.8.6.3 Rest of Europe HVAC System Market Breakdown, by Implementation

11.3.8.6.4 Rest of Europe HVAC System Market Breakdown, by Application

11.3.8.6.5 Rest of Europe HVAC System Market Breakdown, by Application (Volume)

11.4 APAC: HVAC System Market

11.4.1 Overview

11.4.2 APAC HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.3 APAC: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

11.4.4 APAC HVAC System Market Breakdown, by Component

11.4.5 APAC HVAC System Market Breakdown, by Type

11.4.6 APAC HVAC System Market Breakdown, by Implementation

11.4.7 APAC HVAC System Market Breakdown, by Application

11.4.8 APAC HVAC System Market Breakdown, by Country

11.4.8.1 Australia HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.1.1 Australia HVAC System Market Breakdown, by Component

11.4.8.1.2 Australia HVAC System Market Breakdown, by Type

11.4.8.1.3 Australia HVAC System Market Breakdown, by Implementation

11.4.8.1.4 Australia HVAC System Market Breakdown, by Application

11.4.8.1.5 Australia HVAC System Market Breakdown, by Application (Volume)

11.4.8.2 China HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.2.1 China HVAC System Market Breakdown, by Component

11.4.8.2.2 China HVAC System Market Breakdown, by Type

11.4.8.2.3 China HVAC System Market Breakdown, by Implementation

11.4.8.2.4 China HVAC System Market Breakdown, by Application

11.4.8.2.5 China HVAC System Market Breakdown, by Application (Volume)

11.4.8.3 India HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.3.1 India HVAC System Market Breakdown by Component

11.4.8.3.2 India HVAC System Market Breakdown, by Type

11.4.8.3.3 India HVAC System Market Breakdown, by Implementation

11.4.8.3.4 India HVAC System Market Breakdown, by Application

11.4.8.3.5 India HVAC System Market Breakdown, by Application (Volume)

11.4.8.4 Japan HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.4.1 Japan HVAC System Market Breakdown, by Component

11.4.8.4.2 Japan HVAC System Market Breakdown, by Type

11.4.8.4.3 Japan HVAC System Market Breakdown, by Implementation

11.4.8.4.4 Japan HVAC System Market Breakdown, by Application

11.4.8.4.5 Japan HVAC System Market Breakdown, by Application (Volume)

11.4.8.5 South Korea HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.5.1 South Korea HVAC System Market Breakdown, by Component

11.4.8.5.2 South Korea HVAC System Market Breakdown, by Type

11.4.8.5.3 South Korea HVAC System Market Breakdown, by Implementation

11.4.8.5.4 South Korea HVAC System Market Breakdown, by Application

11.4.8.5.5 South Korea HVAC System Market Breakdown, by Application (Volume)

11.4.8.6 Rest of APAC HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.4.8.6.1 Rest of APAC HVAC System Market Breakdown, by Component

11.4.8.6.2 Rest of APAC HVAC System Market Breakdown, by Type

11.4.8.6.3 Rest of APAC HVAC System Market Breakdown, by Implementation

11.4.8.6.4 Rest of APAC HVAC System Market Breakdown, by Application

11.4.8.6.5 Rest of APAC HVAC System Market Breakdown, by Application (Volume)

11.5 MEA: HVAC System Market

11.5.1 Overview

11.5.2 MEA HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.5.3 MEA: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

11.5.4 MEA HVAC System Market Breakdown, by Component

11.5.5 MEA HVAC System Market Breakdown, by Type

11.5.6 MEA HVAC System Market Breakdown, by Implementation

11.5.7 MEA HVAC System Market Breakdown, by Application

11.5.8 MEA HVAC System Market Breakdown, By Country

11.5.8.1 Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.5.8.1.1 Saudi Arabia HVAC System Market Breakdown, by Component

11.5.8.1.2 Saudi Arabia HVAC System Market Breakdown, by Type

11.5.8.1.3 Saudi Arabia HVAC System Market Breakdown, by Implementation

11.5.8.1.4 Saudi Arabia HVAC System Market Breakdown, by Application

11.5.8.1.5 Saudi Arabia HVAC System Market Breakdown, by Application (Volume)

11.5.8.2 UAE HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.5.8.2.1 UAE HVAC System Market Breakdown, by Component

11.5.8.2.2 UAE HVAC System Market Breakdown, by Type

11.5.8.2.3 UAE HVAC System Market Breakdown, by Implementation

11.5.8.2.4 UAE HVAC System Market Breakdown, by Application

11.5.8.2.5 UAE HVAC System Market Breakdown, by Application (Volume)

11.5.8.3 South Africa HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.5.8.3.1 South Africa HVAC System Market Breakdown, by Component

11.5.8.3.2 South Africa HVAC System Market Breakdown, by Type

11.5.8.3.3 South Africa HVAC System Market Breakdown, by Implementation

11.5.8.3.4 South Africa HVAC System Market Breakdown, by Application

11.5.8.3.5 South Africa HVAC System Market Breakdown, by Application (Volume)

11.5.8.4 Rest of MEA HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.5.8.4.1 Rest of MEA HVAC System Market Breakdown, by Component

11.5.8.4.2 Rest of MEA HVAC System Market Breakdown, by Type

11.5.8.4.3 Rest of MEA HVAC System Market Breakdown, by Implementation

11.5.8.4.4 Rest of MEA HVAC System Market Breakdown, by Application

11.5.8.4.5 Rest of MEA HVAC System Market Breakdown, by Application (Volume)

11.6 SAM: HVAC System Market

11.6.1 Overview

11.6.2 SAM HVAC System Market, Revenue and Forecast to 2028 (US$ million)

11.6.3 SAM: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

11.6.4 SAM HVAC System Market Breakdown, by Component

11.6.5 SAM HVAC System Market Breakdown, by Type

11.6.6 SAM HVAC System Market Breakdown, by Implementation

11.6.7 SAM HVAC System Market Breakdown, by Application

11.6.8 SAM HVAC System Market Breakdown, by Country

11.6.8.1 Brazil HVAC System Market, Revenue and Forecast to 2028

11.6.8.1.1 Brazil HVAC System Market Breakdown, by Component

11.6.8.1.2 Brazil HVAC System Market Breakdown, by Type

11.6.8.1.3 Brazil HVAC System Market Breakdown, by Implementation

11.6.8.1.4 Brazil HVAC System Market Breakdown, by Application

11.6.8.1.5 Brazil HVAC System Market Breakdown, by Application (Volume)

11.6.8.2 Argentina HVAC System Market, Revenue and Forecast to 2028

11.6.8.2.1 Argentina HVAC System Market Breakdown, by Component

11.6.8.2.2 Argentina HVAC System Market Breakdown, by Type

11.6.8.2.3 Argentina HVAC System Market Breakdown, by Implementation

11.6.8.2.4 Argentina HVAC System Market Breakdown, by Application

11.6.8.2.5 Argentina HVAC System Market Breakdown, by Application (Volume)

11.6.8.3 Rest of SAM HVAC System Market, Revenue and Forecast to 2028

11.6.8.3.1 Rest of SAM HVAC System Market Breakdown, by Component

11.6.8.3.2 Rest of SAM HVAC System Market Breakdown, by Type

11.6.8.3.3 Rest of SAM HVAC System Market Breakdown, by Implementation

11.6.8.3.4 Rest of SAM HVAC System Market Breakdown, by Application

11.6.8.3.5 Rest of SAM HVAC System Market Breakdown, by Application (Volume)

12. HVAC System Market- COVID-19 Impact Analysis

12.1 Overview

12.2 North America: Impact Assessment of Covid-19 Pandemic

12.3 Europe: Impact Assessment of Covid-19 Pandemic

12.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic

12.5 Middle East & Africa: Impact Assessment of Covid-19 Pandemic

12.6 South America: Impact Assessment of Covid-19 Pandemic

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Development

14. Company Profiles

14.1 DAIKIN INDUSTRIES, Ltd.

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Emerson Electric Co.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Honeywell International Inc.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Johnson Controls, Inc.

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 LG Electronics

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Carrier Global Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Lennox International Inc.

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Trane

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 EVAPCO, Inc.

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Rheem Manufacturing Company

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES.

Table 1. Global HVAC System Market Revenue and Forecast to 2028 (US$ Billion)

Table 2. Global HVAC System Market Revenue and Forecast to 2028 (Thousand Units)

Table 3. North America HVAC System Market, Revenue and Forecast To 2028 – by Component (US$ million)

Table 4. North America HVAC System Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 5. North America HVAC System Market, Revenue and Forecast To 2028 – by Implementation (US$ million)

Table 6. North America HVAC System Market, Revenue and Forecast To 2028 – by Application (US$ million)

Table 7. North America HVAC System Market, Revenue and Forecast To 2028 – by Application (Volume) (Thousand Units)

Table 8. US HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 9. US HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 10. US HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 11. US HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 12. US HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 13. Canada HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 14. Canada HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 15. Canada HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 16. Canada HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 17. Canada HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 18. Mexico HVAC System Market Breakdown, by Component

Table 19. Mexico HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 20. Mexico HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 21. Mexico HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 22. Mexico HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 23. Europe HVAC System Market, Revenue and Forecast To 2028 – by Component (US$ million)

Table 24. Europe HVAC System Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 25. Europe HVAC System Market, Revenue and Forecast To 2028 – by Implementation (US$ million)

Table 26. Europe HVAC System Market, Revenue and Forecast To 2028 – by Application (US$ million)

Table 27. Europe HVAC System Market, Revenue and Forecast To 2028 – by Application (Volume) (Thousand Units)

Table 28. Germany HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 29. Germany HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 30. Germany HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 31. Germany HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 32. Germany HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 33. France HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 34. France HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 35. France HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 36. France HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 37. France HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 38. Italy HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 39. Italy HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 40. Italy HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 41. Italy HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 42. Italy HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 43. UK HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 44. UK HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 45. UK HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 46. UK HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 47. UK HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 48. Russia HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 49. Russia HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 50. Russia HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 51. Russia HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 52. Russia HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 53. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 54. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 55. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 56. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 57. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 58. APAC HVAC System Market, Revenue and Forecast To 2028 – by Component (US$ million)

Table 59. APAC HVAC System Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 60. APAC HVAC System Market, Revenue and Forecast To 2028 – by Implementation (US$ million)

Table 61. APAC HVAC System Market, Revenue and Forecast To 2028 – by Application (US$ million)

Table 62. APAC HVAC System Market, Revenue and Forecast To 2028 – by Application (Volume) (Thousand Units)

Table 63. Australia HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 64. Australia HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 65. Australia HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 66. Australia HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 67. Australia HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 68. China HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 69. China HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 70. China HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 71. China HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 72. China HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 73. India HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 74. India HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 75. India HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 76. India HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 77. India HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 78. Japan HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 79. Japan HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 80. Japan HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 81. Japan HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 82. Japan HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 83. South Korea HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 84. South Korea HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 85. South Korea HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 86. South Korea HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 87. South Korea HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 88. Rest of APAC HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 89. Rest of APAC HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 90. Rest of APAC HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 91. Rest of APAC HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 92. Rest of APAC HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 93. MEA HVAC System Market, Revenue and Forecast To 2028 – by Component (US$ million)

Table 94. MEA HVAC System Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 95. MEA HVAC System Market, Revenue and Forecast To 2028 – by Implementation (US$ million)

Table 96. MEA HVAC System Market, Revenue and Forecast To 2028 – by Application (US$ million)

Table 97. MEA HVAC System Market, Revenue and Forecast To 2028 – by Application (Volume) (Thousand Units)

Table 98. Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 99. Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 100. Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 101. Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 102. Saudi Arabia HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 103. UAE HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 104. UAE HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 105. UAE HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 106. UAE HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 107. UAE HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 108. South Africa HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 109. South Africa HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 110. South Africa HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 111. South Africa HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 112. South Africa HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 113. Rest of MEA HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 114. Rest of MEA HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 115. Rest of MEA HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 116. Rest of MEA HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 117. Rest of MEA HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 118. SAM HVAC System Market, Revenue and Forecast To 2028 – by Component (US$ million)

Table 119. SAM HVAC System Market, Revenue and Forecast To 2028 – by Type (US$ million)

Table 120. SAM HVAC System Market, Revenue and Forecast To 2028 – by Implementation (US$ million)

Table 121. SAM HVAC System Market, Revenue and Forecast To 2028 – by Application (US$ million)

Table 122. SAM HVAC System Market, Revenue and Forecast To 2028 – by Application (Volume) (Thousand Units)

Table 123. SAM HVAC System Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 124. Brazil HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 125. Brazil HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 126. Brazil HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 127. Brazil HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 128. Brazil HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 129. Argentina HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 130. Argentina HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 131. Argentina HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 132. Argentina HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 133. Argentina HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 134. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 – by Component (US$ million)

Table 135. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 – by Type (US$ million)

Table 136. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 – by Implementation (US$ million)

Table 137. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 – by Application (US$ million)

Table 138. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 – by Application (Volume) (Thousand Units)

Table 139. List of Abbreviation

LIST OF FIGURES.

Figure 1. HVAC System Market Segmentation

Figure 2. HVAC System Market Segmentation – By Geography

Figure 3. Global HVAC System Market Overview

Figure 4. HVAC System Market, by Component

Figure 5. HVAC System Market, by Type

Figure 6. HVAC System Market, by Implementation

Figure 7. HVAC System Market, by Geography

Figure 8. North America – PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. APAC – PEST Analysis

Figure 11. MEA – PEST Analysis

Figure 12. SAM – PEST Analysis

Figure 13. HVAC System Market- Ecosystem Analysis

Figure 14. HVAC System Market: Impact Analysis of Drivers and Restraints

Figure 15. Geographic Overview of HVAC System Market

Figure 16. Global HVAC System Market Revenue Forecast and Analysis (US$ Billion)

Figure 17. Global HVAC System Market Revenue Forecast and Analysis (Thousand Units)

Figure 18. Competitive Benchmarking

Figure 19. Competitive Benchmarking

Figure 20. Growth Matrix

Figure 21. HVAC System Market Revenue Share, by Component (2021 and 2028)

Figure 22. Thermostat: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Air Handling Units: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Central ACs: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Furnace: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Heat Pump: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Compressor: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Others: HVAC System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. HVAC System Market, By Type (2021 and 2028)

Figure 30. Split System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. Ductless System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Packaged System: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. HVAC System Market, By Implementation (2021 and 2028)

Figure 34. New Installation: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 35. Retrofit: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 36. HVAC System Market, By Application (2021 and 2028)

Figure 37. Residential: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 38. Residential: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

Figure 39. Commercial: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 40. Commercial: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

Figure 41. Industrial: HVAC System Market Revenue and Forecast to 2028 (US$ Million)

Figure 42. Industrial: HVAC System Market Volume and Forecast to 2028 (Thousand Units)

Figure 43. Global HVAC System Market Breakdown, by Region, 2021 and 2028 (%)

Figure 44. North America HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 45. North America: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 46. North America HVAC System Market Breakdown, by Component, 2021 & 2028 (%)

Figure 47. North America HVAC System Market Breakdown, by Type, 2021 & 2028 (%)

Figure 48. North America HVAC System Market Breakdown, by Implementation, 2021 & 2028 (%)

Figure 49. North America HVAC System Market Breakdown, by Application, 2021 & 2028 (%)

Figure 50. North America HVAC System Market Breakdown, by Country, 2021 & 2028 (%)

Figure 51. US HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 52. US: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 53. Canada HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 54. Canada: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 55. Mexico HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 56. Mexico: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 57. Europe HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 58. Europe: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 59. Europe HVAC System Market Breakdown, by Component, 2021 & 2028 (%)

Figure 60. Europe HVAC System Market Breakdown, by Type, 2021 & 2028 (%)

Figure 61. Europe HVAC System Market Breakdown, by Implementation, 2021 & 2028 (%)

Figure 62. Europe HVAC System Market Breakdown, by Application, 2021 & 2028 (%)

Figure 63. Europe HVAC System Market Breakdown, by Country, 2018 & 2027(%)

Figure 64. Germany HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 65. Germany: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 66. France HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 67. France: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 68. Italy HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 69. Italy: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 70. UK HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 71. UK: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 72. Russia HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 73. Russia: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 74. Rest of Europe HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 75. Rest of Europe: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 76. APAC HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 77. APAC: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 78. APAC HVAC System Market Breakdown, by Component, 2021 & 2028 (%)

Figure 79. APAC HVAC System Market Breakdown, by Type, 2021 & 2028 (%)

Figure 80. APAC HVAC System Market Breakdown, by Implementation, 2021 & 2028 (%)

Figure 81. APAC HVAC System Market Breakdown, by Application, 2021 & 2028 (%)

Figure 82. APAC HVAC System Market Breakdown, by Country, 2021 & 2028 (%)

Figure 83. Australia HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 84. Australia: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 85. China HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 86. China: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 87. India HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 88. India: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 89. Japan HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 90. Japan: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 91. South Korea HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 92. South Korea: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 93. Rest of APAC HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 94. Rest of APAC: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 95. MEA HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 96. MEA: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 97. MEA HVAC System Market Breakdown, by Component, 2021 & 2028 (%)

Figure 98. MEA HVAC System Market Breakdown, by Type, 2021 & 2028 (%)

Figure 99. MEA HVAC System Market Breakdown, by Implementation, 2021 & 2028 (%)

Figure 100. MEA HVAC System Market Breakdown, by Application, 2021 & 2028 (%)

Figure 101. MEA HVAC System Market Breakdown, By Country, 2021 & 2028 (%)

Figure 102. Saudi Arabia HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 103. Saudi Arabia: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 104. UAE HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 105. UAE: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 106. South Africa HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 107. South Africa: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 108. Rest of MEA HVAC System Market, Revenue and Forecast To 2028 (US$ million)

Figure 109. Rest of MEA: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 110. SAM HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 111. SAM: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 112. SAM HVAC System Market Breakdown, by Component, 2021 & 2028 (%)

Figure 113. SAM HVAC System Market Breakdown, by Type, 2021 & 2028 (%)

Figure 114. SAM HVAC System Market Breakdown, by Implementation, 2021 & 2028 (%)

Figure 115. SAM HVAC System Market Breakdown, by Application, 2021 & 2028 (%)

Figure 116. SAM HVAC System Market Breakdown, by Country, 2021 & 2028 (%)

Figure 117. Brazil HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 118. Brazil: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 119. Argentina HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 120. Argentina: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 121. Rest of SAM HVAC System Market, Revenue and Forecast to 2028 (US$ million)

Figure 122. Rest of SAM: HVAC System Market – Volume and Forecast to 2028 (Thousand Units)

Figure 123. Impact of Covid-19 Pandemic in North American Country Markets

Figure 124. Impact of Covid-19 Pandemic in Europe Country Markets

Figure 125. Impact of Covid-19 Pandemic in Asia Pacific Country Markets

Figure 126. Impact of Covid-19 Pandemic in the Middle East & Africa Country Markets

Figure 127. Impact of Covid-19 Pandemic in South America Country Markets

The List of Companies - HVAC System Market

1. Daikin Industries, Ltd.

2. Emerson Electric Co.

3. Honeywell International Inc.

4. Johnson Controls Inc.

5. LG Electronics

6. Carrier Global Corporation

7. Lennox International Inc.

8. Trane

9. EVAPCO, Inc.

10. Rheem Manufacturing Company

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global HVAC system market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the global HVAC system market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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