The Europe Commercial HVAC Market size is estimated at USD 8.22 billion in 2024, and is expected to reach USD 11.65 billion by 2029, growing at a CAGR of 7.20% during the forecast period (2024-2029).
The European commercial HVAC market is very competitive. It is highly concentrated due to various large and small players. All the major players account for a significant market share and focus on expanding the global consumer base. Some significant players in the market are Johnson Controls Corporation, Midea Group, Carrier Corporation, Daikin Industries Limited, and Bosch Thermotechnology Corporation. Several companies are increasing their market share by forming collaborations, partnerships, and acquisitions and introducing new and innovative products to earn a competitive edge during the forecast period.
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