The Italy Commercial HVAC Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.10 billion by 2029, growing at a CAGR of 7.05% during the forecast period (2024-2029).
The Italian commercial HVAC market is fragmented, favorably competitive, and has several prominent players. The market performers are focusing on expanding their consumer base across foreign countries. These enterprises leverage strategic collaborative initiatives to boost their market share and profitability. Companies such as Siemens AG, Honeywell International Inc., Daikin Industries Ltd., Mitsubishi Electric Europe BV, Danfoss AS, and Robert Bosch GmBH, operating in the Italian commercial HVAC market, are also focusing on the acquisition of start-ups working on HVAC technologies to strengthen their production capacities.
•July 2024: Rhoss, an Italian heating manufacturer, launched a non-reversible water-source heat pump tailored for commercial and industrial use. This innovative product can achieve hot water temperatures as high as 85°C, coupled with an impressive seasonal coefficient of performance (SCOP) peaking at 5.04.
•December 2023: Daikin introduced Nepura, the new residential air-to-air heat pump range. With this product range, Daikin Europe aimed to offer a reliable heating solution that works at temperatures down to 30 degrees Celcius and achieves heating efficiency values of up to A+++.
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