HVAC Market Research Reports & Industry Analysis

HVAC systems are used in buildings to help control the climate indoors. Other than providing inhabitants with comfort, it can also aid in improving the indoor air quality. HVAC stands for heating, ventilation and air conditioning. Most systems are typically centralized heat and air and forced or displacement ventilation. It's common for these systems to also be made up of a heat pump or furnace to provide hot water, steam or hot air, which is then distributed through duct work or pipes. With the use of a forced or displacement ventilation system, humidity can be controlled, as well as odors. These have heat recovery ventilators, which have heat exchangers that cool the air in rooms using the air from outside, or displacement ventilation, which moves low velocities of air into the room. Overall, HVAC systems are used to heat, cool and control moisture levels in homes and buildings.

The newer model HVAC systems have ratings from SEER, which range from 16-20. The ones that are more energy efficient are able to reach up to 95.5% Annual Fuel Utilization Efficiency, or AFUE. The entry-level HVAC systems commonly have a 13 SEER rating, while the more advanced systems have a rating that's higher. Manufacturers are investing in ways to make their units more efficient, such as by using geothermal technology. Lennox has started using solar assisted heating and cooling for its systems. With the newer model units that are energy efficient, owners are able to combat high energy costs, while still maintaining comfortable heating and cooling levels within their homes and businesses.

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HVAC Industry Research & Market Reports

  • HVAC Sensors

    ... CAGR of 4.1% over the analysis period 2024-2030. Temperature Sensors, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$4.9 Billion by the end of the analysis ... Read More

  • Power Plant Boilers

    ... at a CAGR of 5.7% over the analysis period 2024-2030. Pulverized Coal Towers, one of the segments analyzed in the report, is expected to record a 6.2% CAGR and reach US$20.3 Billion by the end ... Read More

  • Global Industrial Heat Pumps Market 2025-2029

    ... heat pumps 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 ... Read More

  • HVAC Filters

    ... CAGR of 6.4% over the analysis period 2024-2030. HEPA Technology, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$2.4 Billion by the end of the analysis ... Read More

  • Microchannel Heat Exchangers

    ... at a CAGR of 13.7% over the analysis period 2024-2030. Condenser, one of the segments analyzed in the report, is expected to record a 13.0% CAGR and reach US$25.9 Billion by the end of the ... Read More

  • Mine Ventilation

    ... CAGR of 5.2% over the analysis period 2024-2030. Mine Ventilation Equipment, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$236.5 Million by the end of the ... Read More

  • Dedicated Outdoor Air Systems

    ... 2030, growing at a CAGR of 8.1% over the analysis period 2024-2030. New Construction Implementation, one of the segments analyzed in the report, is expected to record a 7.8% CAGR and reach US$6.9 Billion by ... Read More

  • Automotive HVAC

    ... CAGR of 8.8% over the analysis period 2024-2030. Automatic Technology, one of the segments analyzed in the report, is expected to record a 9.1% CAGR and reach US$31.8 Billion by the end of the analysis ... Read More

  • Home Energy Management System Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033

    ... 2033. The global emphasis on energy efficiency, the spread of smart homes and IoT technologies, and government programs encouraging sustainable living are all driving the market's steady expansion and encouraging a greater use of HEMS ... Read More

  • Ventilation Fans

    ... CAGR of 3.7% over the analysis period 2024-2030. Centrifugal Fans, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$439.4 Million by the end of the analysis ... Read More

  • Air Preparation Units

    ... at a CAGR of 4.1% over the analysis period 2024-2030. Oil & Gas End-Use, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$3.3 Billion by the ... Read More

  • HVAC Services

    ... CAGR of 5.3% over the analysis period 2024-2030. Retrofit Buildings End-Use, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$62.9 Billion by the end of the ... Read More

  • Heating Equipment

    ... CAGR of 5.4% over the analysis period 2024-2030. Heat Pumps, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$23.7 Billion by the end of the analysis ... Read More

  • HVAC Aftermarket

    ... CAGR of 6.0% over the analysis period 2024-2030. Non-Residential End-Use, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$90.7 Billion by the end of the analysis ... Read More

  • Package Boilers

    ... CAGR of 4.5% over the analysis period 2024-2030. Fire-Tube Boilers, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$5.9 Billion by the end of the analysis ... Read More

  • Residential Ventilation Fans

    ... at a CAGR of 4.2% over the analysis period 2024-2030. Axial Fans, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$688.3 Million by the end of ... Read More

  • Magnetic Refrigeration Systems

    ... at a CAGR of 96.8% over the analysis period 2024-2030. Refrigeration Systems, one of the segments analyzed in the report, is expected to record a 100.0% CAGR and reach US$2.2 Billion by the end of ... Read More

  • Industrial Temperature Control Services

    ... 2030, growing at a CAGR of 5.3% over the analysis period 2024-2030. Calibration, Repair & Maintenance Services, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$2.6 ... Read More

  • Underfloor Heating

    ... CAGR of 5.5% over the analysis period 2024-2030. New Installation, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$4.7 Billion by the end of the analysis ... Read More

  • Industrial Biomass Boilers

    ... at a CAGR of 2.3% over the analysis period 2024-2030. Wooden Biomass Boiler, one of the segments analyzed in the report, is expected to record a 2.2% CAGR and reach US$987.9 Million by the end ... Read More

  • Industrial HVAC

    ... of 6.4% over the analysis period 2024-2030. HVAC Equipment, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$11.2 Billion by the end of the analysis period. ... Read More

  • Bus HVAC System

    ... at a CAGR of 10.8% over the analysis period 2024-2030. Transit Buses, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$1.0 Billion by the end of ... Read More

  • HVAC Safety Devices

    ... at a CAGR of 3.9% over the analysis period 2024-2030. Electrical Safety Devices, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$3.4 Billion by the end ... Read More

  • Commercial Greenhouse

    ... CAGR of 8.9% over the analysis period 2024-2030. Heating Systems, one of the segments analyzed in the report, is expected to record a 8.5% CAGR and reach US$20.3 Billion by the end of the analysis ... Read More

  • Chillers

    ... 2.7% over the analysis period 2024-2030. Scroll Chillers, one of the segments analyzed in the report, is expected to record a 2.6% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth ... Read More

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