The Germany HVAC Market size is estimated at USD 4.23 billion in 2024, and is expected to reach USD 5.61 billion by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029).
The German HVAC market is fragmented, with the presence of major players like Carrier Corporation, Robert Bosch GmbH, Midea Group Co. Ltd, Johnson Controls International PLC, and Daikin Industries Ltd. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance the product offerings and gain sustainable competitive advantage.
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