Global HVAC Equipment
Global demand for HVAC equipment is forecast to increase 3.9% per year to $132 billion in 2025. Growth will be driven by rising building construction as economies recover from the impact of the COVID-19 pandemic. Increasing emphasis on energy efficiency and environmental impact will also boost sales of products like heat pumps.
The report covers HVAC equipment demand by product, market, and region. Demand, production, and net exports are presented in US dollar terms.
Demand by product is presented for:
Room air conditioners
Heat pumps
Unitary air conditioners
Central heating boilers
Warm air furnaces
Other types of HVAC equipment, such as chillers, humidifiers, and packaged terminal air conditioners
Demand by market is presented for:
Residential buildings
Nonresidential buildings
Demand by is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global HVAC equipment market, including key trends in products, markets, and regions. Historical data are provided for 2010, 2015, and 2020 for demand, production, and net exports, with forecasts for 2025 and 2030. Historical market volatility is also addressed. Data are provided in US dollars. Also included is an analysis of key industry players and their global market shares.
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