Heating, Ventilation, and Air Conditioning (HVAC) Equipment Market in Europe 2024-2028

Heating, Ventilation, And Air Conditioning (HVAC) Equipment Market In Europe 2024-2028

The heating, ventilation, and air conditioning (HVAC) equipment market in europe is forecasted to grow by USD 10.8 bn during 2023-2028, accelerating at a CAGR of 5.57% during the forecast period. The report on the heating, ventilation, and air conditioning (HVAC) equipment market in europe 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 growth in data centers fueling market growth, increasing demand for energy-efficient HVAC systems, and increasing regulatory standards and regulations on HVAC systems.

Technavio's heating, ventilation, and air conditioning (HVAC) equipment market in europe is segmented as below:

• By End-user
• Non-residential
• Residential
• By Product
• Air conditioning equipment
• Heating equipment
• Ventilation equipment
• By Geographical Landscape
• Europe

This study identifies the increasing focus on predictive maintenance as one of the prime reasons driving the heating, ventilation, and air conditioning (HVAC) equipment market in europe growth during the next few years. Also, use of low-GWP refrigerants and increasing use of renewable energy sources for HVAC systems will lead to sizable demand in the market.

The report on the heating, ventilation, and air conditioning (HVAC) equipment market in europe covers the following areas:

• Heating, ventilation, and air conditioning (HVAC) equipment market in europe sizing
• Heating, ventilation, and air conditioning (HVAC) equipment market in europe forecast
• Heating, ventilation, and air conditioning (HVAC) equipment market in europe industry analysis

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 heating, ventilation, and air conditioning (HVAC) equipment market in europe vendors that include Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, FlaktGroup Holding GmbH, Haier Smart Home Co. Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson and Johnson Services Inc., LG Electronics Inc., LUVE SpA, MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Nortek, OSTBERG GROUP AB, Panasonic Holdings Corp., Regal Rexnord Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Systemair AB, and Zehnder Group AG. Also, the heating, ventilation, and air conditioning (HVAC) equipment market in europe 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 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 and vendor landscape in addition to an analysis of the key vendors.
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.