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Global HVAC System Market Research Report 2025
Published Date: August 2025
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Report Code: QYRE-Auto-1J7484
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Global HVAC System Market Insights and Forecast to 2028
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Global HVAC System Market Research Report 2025

Code: QYRE-Auto-1J7484
Report
August 2025
Pages:106
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

HVAC System Market Size

The global market for HVAC System was valued at US$ 197380 million in the year 2024 and is projected to reach a revised size of US$ 306240 million by 2031, growing at a CAGR of 6.6% during the forecast period.

HVAC System Market

HVAC System Market

North American market for HVAC System is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for HVAC System is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of HVAC System include Daikin, Ingersoll-Rand, Johnson Controls, LG Electronics, United Technologies, Electrolux, Emerson, Honeywell, Lennox, Nortek, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for HVAC System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC System.
The HVAC System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global HVAC System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVAC System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of HVAC System Market Report

Report Metric Details
Report Name HVAC System Market
Accounted market size in year US$ 197380 million
Forecasted market size in 2031 US$ 306240 million
CAGR 6.6%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Heat Pumps
  • Furnaces
  • Boilers
  • Unitary Heaters
by Application
  • Residential
  • Commercial
  • Industrial
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Daikin, Ingersoll-Rand, Johnson Controls, LG Electronics, United Technologies, Electrolux, Emerson, Honeywell, Lennox, Nortek, Mitsubishi Electric, Panasonic, Haier, Samsung Electronics, Whirlpool, Midea, Gree, Fujitsu, Hitachi, Danfoss
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of HVAC System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of HVAC System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of HVAC System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is HVAC System Market growing?

Ans: The HVAC System Market witnessing a CAGR of 6.6% during the forecast period 2025-2031.

What is the HVAC System Market size in 2031?

Ans: The HVAC System Market size in 2031 will be US$ 306240 million.

Who are the main players in the HVAC System Market report?

Ans: The main players in the HVAC System Market are Daikin, Ingersoll-Rand, Johnson Controls, LG Electronics, United Technologies, Electrolux, Emerson, Honeywell, Lennox, Nortek, Mitsubishi Electric, Panasonic, Haier, Samsung Electronics, Whirlpool, Midea, Gree, Fujitsu, Hitachi, Danfoss

What are the Application segmentation covered in the HVAC System Market report?

Ans: The Applications covered in the HVAC System Market report are Residential, Commercial, Industrial

What are the Type segmentation covered in the HVAC System Market report?

Ans: The Types covered in the HVAC System Market report are Heat Pumps, Furnaces, Boilers, Unitary Heaters

1 HVAC System Market Overview
1.1 Product Definition
1.2 HVAC System by Type
1.2.1 Global HVAC System Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Heat Pumps
1.2.3 Furnaces
1.2.4 Boilers
1.2.5 Unitary Heaters
1.3 HVAC System by Application
1.3.1 Global HVAC System Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global HVAC System Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global HVAC System Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global HVAC System Production Estimates and Forecasts (2020-2031)
1.4.4 Global HVAC System Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HVAC System Production Market Share by Manufacturers (2020-2025)
2.2 Global HVAC System Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of HVAC System, Industry Ranking, 2023 VS 2024
2.4 Global HVAC System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global HVAC System Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of HVAC System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HVAC System, Product Offered and Application
2.8 Global Key Manufacturers of HVAC System, Date of Enter into This Industry
2.9 HVAC System Market Competitive Situation and Trends
2.9.1 HVAC System Market Concentration Rate
2.9.2 Global 5 and 10 Largest HVAC System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HVAC System Production by Region
3.1 Global HVAC System Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global HVAC System Production Value by Region (2020-2031)
3.2.1 Global HVAC System Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of HVAC System by Region (2026-2031)
3.3 Global HVAC System Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global HVAC System Production Volume by Region (2020-2031)
3.4.1 Global HVAC System Production by Region (2020-2025)
3.4.2 Global Forecasted Production of HVAC System by Region (2026-2031)
3.5 Global HVAC System Market Price Analysis by Region (2020-2025)
3.6 Global HVAC System Production and Value, Year-over-Year Growth
3.6.1 North America HVAC System Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe HVAC System Production Value Estimates and Forecasts (2020-2031)
3.6.3 China HVAC System Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan HVAC System Production Value Estimates and Forecasts (2020-2031)
4 HVAC System Consumption by Region
4.1 Global HVAC System Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global HVAC System Consumption by Region (2020-2031)
4.2.1 Global HVAC System Consumption by Region (2020-2025)
4.2.2 Global HVAC System Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America HVAC System Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe HVAC System Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific HVAC System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific HVAC System Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa HVAC System Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global HVAC System Production by Type (2020-2031)
5.1.1 Global HVAC System Production by Type (2020-2025)
5.1.2 Global HVAC System Production by Type (2026-2031)
5.1.3 Global HVAC System Production Market Share by Type (2020-2031)
5.2 Global HVAC System Production Value by Type (2020-2031)
5.2.1 Global HVAC System Production Value by Type (2020-2025)
5.2.2 Global HVAC System Production Value by Type (2026-2031)
5.2.3 Global HVAC System Production Value Market Share by Type (2020-2031)
5.3 Global HVAC System Price by Type (2020-2031)
6 Segment by Application
6.1 Global HVAC System Production by Application (2020-2031)
6.1.1 Global HVAC System Production by Application (2020-2025)
6.1.2 Global HVAC System Production by Application (2026-2031)
6.1.3 Global HVAC System Production Market Share by Application (2020-2031)
6.2 Global HVAC System Production Value by Application (2020-2031)
6.2.1 Global HVAC System Production Value by Application (2020-2025)
6.2.2 Global HVAC System Production Value by Application (2026-2031)
6.2.3 Global HVAC System Production Value Market Share by Application (2020-2031)
6.3 Global HVAC System Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Daikin
7.1.1 Daikin HVAC System Company Information
7.1.2 Daikin HVAC System Product Portfolio
7.1.3 Daikin HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Daikin Main Business and Markets Served
7.1.5 Daikin Recent Developments/Updates
7.2 Ingersoll-Rand
7.2.1 Ingersoll-Rand HVAC System Company Information
7.2.2 Ingersoll-Rand HVAC System Product Portfolio
7.2.3 Ingersoll-Rand HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Ingersoll-Rand Main Business and Markets Served
7.2.5 Ingersoll-Rand Recent Developments/Updates
7.3 Johnson Controls
7.3.1 Johnson Controls HVAC System Company Information
7.3.2 Johnson Controls HVAC System Product Portfolio
7.3.3 Johnson Controls HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Johnson Controls Main Business and Markets Served
7.3.5 Johnson Controls Recent Developments/Updates
7.4 LG Electronics
7.4.1 LG Electronics HVAC System Company Information
7.4.2 LG Electronics HVAC System Product Portfolio
7.4.3 LG Electronics HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.4.4 LG Electronics Main Business and Markets Served
7.4.5 LG Electronics Recent Developments/Updates
7.5 United Technologies
7.5.1 United Technologies HVAC System Company Information
7.5.2 United Technologies HVAC System Product Portfolio
7.5.3 United Technologies HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.5.4 United Technologies Main Business and Markets Served
7.5.5 United Technologies Recent Developments/Updates
7.6 Electrolux
7.6.1 Electrolux HVAC System Company Information
7.6.2 Electrolux HVAC System Product Portfolio
7.6.3 Electrolux HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Electrolux Main Business and Markets Served
7.6.5 Electrolux Recent Developments/Updates
7.7 Emerson
7.7.1 Emerson HVAC System Company Information
7.7.2 Emerson HVAC System Product Portfolio
7.7.3 Emerson HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Emerson Main Business and Markets Served
7.7.5 Emerson Recent Developments/Updates
7.8 Honeywell
7.8.1 Honeywell HVAC System Company Information
7.8.2 Honeywell HVAC System Product Portfolio
7.8.3 Honeywell HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Honeywell Main Business and Markets Served
7.8.5 Honeywell Recent Developments/Updates
7.9 Lennox
7.9.1 Lennox HVAC System Company Information
7.9.2 Lennox HVAC System Product Portfolio
7.9.3 Lennox HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Lennox Main Business and Markets Served
7.9.5 Lennox Recent Developments/Updates
7.10 Nortek
7.10.1 Nortek HVAC System Company Information
7.10.2 Nortek HVAC System Product Portfolio
7.10.3 Nortek HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Nortek Main Business and Markets Served
7.10.5 Nortek Recent Developments/Updates
7.11 Mitsubishi Electric
7.11.1 Mitsubishi Electric HVAC System Company Information
7.11.2 Mitsubishi Electric HVAC System Product Portfolio
7.11.3 Mitsubishi Electric HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Mitsubishi Electric Main Business and Markets Served
7.11.5 Mitsubishi Electric Recent Developments/Updates
7.12 Panasonic
7.12.1 Panasonic HVAC System Company Information
7.12.2 Panasonic HVAC System Product Portfolio
7.12.3 Panasonic HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Panasonic Main Business and Markets Served
7.12.5 Panasonic Recent Developments/Updates
7.13 Haier
7.13.1 Haier HVAC System Company Information
7.13.2 Haier HVAC System Product Portfolio
7.13.3 Haier HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Haier Main Business and Markets Served
7.13.5 Haier Recent Developments/Updates
7.14 Samsung Electronics
7.14.1 Samsung Electronics HVAC System Company Information
7.14.2 Samsung Electronics HVAC System Product Portfolio
7.14.3 Samsung Electronics HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Samsung Electronics Main Business and Markets Served
7.14.5 Samsung Electronics Recent Developments/Updates
7.15 Whirlpool
7.15.1 Whirlpool HVAC System Company Information
7.15.2 Whirlpool HVAC System Product Portfolio
7.15.3 Whirlpool HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Whirlpool Main Business and Markets Served
7.15.5 Whirlpool Recent Developments/Updates
7.16 Midea
7.16.1 Midea HVAC System Company Information
7.16.2 Midea HVAC System Product Portfolio
7.16.3 Midea HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Midea Main Business and Markets Served
7.16.5 Midea Recent Developments/Updates
7.17 Gree
7.17.1 Gree HVAC System Company Information
7.17.2 Gree HVAC System Product Portfolio
7.17.3 Gree HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Gree Main Business and Markets Served
7.17.5 Gree Recent Developments/Updates
7.18 Fujitsu
7.18.1 Fujitsu HVAC System Company Information
7.18.2 Fujitsu HVAC System Product Portfolio
7.18.3 Fujitsu HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Fujitsu Main Business and Markets Served
7.18.5 Fujitsu Recent Developments/Updates
7.19 Hitachi
7.19.1 Hitachi HVAC System Company Information
7.19.2 Hitachi HVAC System Product Portfolio
7.19.3 Hitachi HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Hitachi Main Business and Markets Served
7.19.5 Hitachi Recent Developments/Updates
7.20 Danfoss
7.20.1 Danfoss HVAC System Company Information
7.20.2 Danfoss HVAC System Product Portfolio
7.20.3 Danfoss HVAC System Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Danfoss Main Business and Markets Served
7.20.5 Danfoss Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HVAC System Industry Chain Analysis
8.2 HVAC System Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HVAC System Production Mode & Process Analysis
8.4 HVAC System Sales and Marketing
8.4.1 HVAC System Sales Channels
8.4.2 HVAC System Distributors
8.5 HVAC System Customer Analysis
9 HVAC System Market Dynamics
9.1 HVAC System Industry Trends
9.2 HVAC System Market Drivers
9.3 HVAC System Market Challenges
9.4 HVAC System Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global HVAC System Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global HVAC System Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global HVAC System Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global HVAC System Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global HVAC System Production Market Share by Manufacturers (2020-2025)
 Table 6. Global HVAC System Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global HVAC System Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of HVAC System, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in HVAC System as of 2024)
 Table 10. Global Market HVAC System Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of HVAC System, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of HVAC System, Product Offered and Application
 Table 13. Global Key Manufacturers of HVAC System, Date of Enter into This Industry
 Table 14. Global HVAC System Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global HVAC System Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global HVAC System Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global HVAC System Production Value Market Share by Region (2020-2025)
 Table 19. Global HVAC System Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global HVAC System Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global HVAC System Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global HVAC System Production (K Units) by Region (2020-2025)
 Table 23. Global HVAC System Production Market Share by Region (2020-2025)
 Table 24. Global HVAC System Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global HVAC System Production Market Share Forecast by Region (2026-2031)
 Table 26. Global HVAC System Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global HVAC System Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global HVAC System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global HVAC System Consumption by Region (2020-2025) & (K Units)
 Table 30. Global HVAC System Consumption Market Share by Region (2020-2025)
 Table 31. Global HVAC System Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global HVAC System Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America HVAC System Consumption by Country (2020-2025) & (K Units)
 Table 35. North America HVAC System Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe HVAC System Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe HVAC System Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific HVAC System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific HVAC System Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific HVAC System Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa HVAC System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa HVAC System Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa HVAC System Consumption by Country (2026-2031) & (K Units)
 Table 45. Global HVAC System Production (K Units) by Type (2020-2025)
 Table 46. Global HVAC System Production (K Units) by Type (2026-2031)
 Table 47. Global HVAC System Production Market Share by Type (2020-2025)
 Table 48. Global HVAC System Production Market Share by Type (2026-2031)
 Table 49. Global HVAC System Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global HVAC System Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global HVAC System Production Value Market Share by Type (2020-2025)
 Table 52. Global HVAC System Production Value Market Share by Type (2026-2031)
 Table 53. Global HVAC System Price (USD/Unit) by Type (2020-2025)
 Table 54. Global HVAC System Price (USD/Unit) by Type (2026-2031)
 Table 55. Global HVAC System Production (K Units) by Application (2020-2025)
 Table 56. Global HVAC System Production (K Units) by Application (2026-2031)
 Table 57. Global HVAC System Production Market Share by Application (2020-2025)
 Table 58. Global HVAC System Production Market Share by Application (2026-2031)
 Table 59. Global HVAC System Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global HVAC System Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global HVAC System Production Value Market Share by Application (2020-2025)
 Table 62. Global HVAC System Production Value Market Share by Application (2026-2031)
 Table 63. Global HVAC System Price (USD/Unit) by Application (2020-2025)
 Table 64. Global HVAC System Price (USD/Unit) by Application (2026-2031)
 Table 65. Daikin HVAC System Company Information
 Table 66. Daikin HVAC System Specification and Application
 Table 67. Daikin HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 68. Daikin Main Business and Markets Served
 Table 69. Daikin Recent Developments/Updates
 Table 70. Ingersoll-Rand HVAC System Company Information
 Table 71. Ingersoll-Rand HVAC System Specification and Application
 Table 72. Ingersoll-Rand HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. Ingersoll-Rand Main Business and Markets Served
 Table 74. Ingersoll-Rand Recent Developments/Updates
 Table 75. Johnson Controls HVAC System Company Information
 Table 76. Johnson Controls HVAC System Specification and Application
 Table 77. Johnson Controls HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. Johnson Controls Main Business and Markets Served
 Table 79. Johnson Controls Recent Developments/Updates
 Table 80. LG Electronics HVAC System Company Information
 Table 81. LG Electronics HVAC System Specification and Application
 Table 82. LG Electronics HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. LG Electronics Main Business and Markets Served
 Table 84. LG Electronics Recent Developments/Updates
 Table 85. United Technologies HVAC System Company Information
 Table 86. United Technologies HVAC System Specification and Application
 Table 87. United Technologies HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. United Technologies Main Business and Markets Served
 Table 89. United Technologies Recent Developments/Updates
 Table 90. Electrolux HVAC System Company Information
 Table 91. Electrolux HVAC System Specification and Application
 Table 92. Electrolux HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. Electrolux Main Business and Markets Served
 Table 94. Electrolux Recent Developments/Updates
 Table 95. Emerson HVAC System Company Information
 Table 96. Emerson HVAC System Specification and Application
 Table 97. Emerson HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. Emerson Main Business and Markets Served
 Table 99. Emerson Recent Developments/Updates
 Table 100. Honeywell HVAC System Company Information
 Table 101. Honeywell HVAC System Specification and Application
 Table 102. Honeywell HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. Honeywell Main Business and Markets Served
 Table 104. Honeywell Recent Developments/Updates
 Table 105. Lennox HVAC System Company Information
 Table 106. Lennox HVAC System Specification and Application
 Table 107. Lennox HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. Lennox Main Business and Markets Served
 Table 109. Lennox Recent Developments/Updates
 Table 110. Nortek HVAC System Company Information
 Table 111. Nortek HVAC System Specification and Application
 Table 112. Nortek HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 113. Nortek Main Business and Markets Served
 Table 114. Nortek Recent Developments/Updates
 Table 115. Mitsubishi Electric HVAC System Company Information
 Table 116. Mitsubishi Electric HVAC System Specification and Application
 Table 117. Mitsubishi Electric HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 118. Mitsubishi Electric Main Business and Markets Served
 Table 119. Mitsubishi Electric Recent Developments/Updates
 Table 120. Panasonic HVAC System Company Information
 Table 121. Panasonic HVAC System Specification and Application
 Table 122. Panasonic HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 123. Panasonic Main Business and Markets Served
 Table 124. Panasonic Recent Developments/Updates
 Table 125. Haier HVAC System Company Information
 Table 126. Haier HVAC System Specification and Application
 Table 127. Haier HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 128. Haier Main Business and Markets Served
 Table 129. Haier Recent Developments/Updates
 Table 130. Samsung Electronics HVAC System Company Information
 Table 131. Samsung Electronics HVAC System Specification and Application
 Table 132. Samsung Electronics HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 133. Samsung Electronics Main Business and Markets Served
 Table 134. Samsung Electronics Recent Developments/Updates
 Table 135. Whirlpool HVAC System Company Information
 Table 136. Whirlpool HVAC System Specification and Application
 Table 137. Whirlpool HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 138. Whirlpool Main Business and Markets Served
 Table 139. Whirlpool Recent Developments/Updates
 Table 140. Midea HVAC System Company Information
 Table 141. Midea HVAC System Specification and Application
 Table 142. Midea HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 143. Midea Main Business and Markets Served
 Table 144. Midea Recent Developments/Updates
 Table 145. Gree HVAC System Company Information
 Table 146. Gree HVAC System Specification and Application
 Table 147. Gree HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 148. Gree Main Business and Markets Served
 Table 149. Gree Recent Developments/Updates
 Table 150. Fujitsu HVAC System Company Information
 Table 151. Fujitsu HVAC System Specification and Application
 Table 152. Fujitsu HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 153. Fujitsu Main Business and Markets Served
 Table 154. Fujitsu Recent Developments/Updates
 Table 155. Hitachi HVAC System Company Information
 Table 156. Hitachi HVAC System Specification and Application
 Table 157. Hitachi HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 158. Hitachi Main Business and Markets Served
 Table 159. Hitachi Recent Developments/Updates
 Table 160. Danfoss HVAC System Company Information
 Table 161. Danfoss HVAC System Specification and Application
 Table 162. Danfoss HVAC System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 163. Danfoss Main Business and Markets Served
 Table 164. Danfoss Recent Developments/Updates
 Table 165. Key Raw Materials Lists
 Table 166. Raw Materials Key Suppliers Lists
 Table 167. HVAC System Distributors List
 Table 168. HVAC System Customers List
 Table 169. HVAC System Market Trends
 Table 170. HVAC System Market Drivers
 Table 171. HVAC System Market Challenges
 Table 172. HVAC System Market Restraints
 Table 173. Research Programs/Design for This Report
 Table 174. Key Data Information from Secondary Sources
 Table 175. Key Data Information from Primary Sources
 Table 176. Authors List of This Report


List of Figures
 Figure 1. Product Picture of HVAC System
 Figure 2. Global HVAC System Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global HVAC System Market Share by Type: 2024 VS 2031
 Figure 4. Heat Pumps Product Picture
 Figure 5. Furnaces Product Picture
 Figure 6. Boilers Product Picture
 Figure 7. Unitary Heaters Product Picture
 Figure 8. Global HVAC System Market Value by Application, (US$ Million) & (2020-2031)
 Figure 9. Global HVAC System Market Share by Application: 2024 VS 2031
 Figure 10. Residential
 Figure 11. Commercial
 Figure 12. Industrial
 Figure 13. Global HVAC System Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global HVAC System Production Value (US$ Million) & (2020-2031)
 Figure 15. Global HVAC System Production Capacity (K Units) & (2020-2031)
 Figure 16. Global HVAC System Production (K Units) & (2020-2031)
 Figure 17. Global HVAC System Average Price (USD/Unit) & (2020-2031)
 Figure 18. HVAC System Report Years Considered
 Figure 19. HVAC System Production Share by Manufacturers in 2024
 Figure 20. Global HVAC System Production Value Share by Manufacturers (2024)
 Figure 21. HVAC System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by HVAC System Revenue in 2024
 Figure 23. Global HVAC System Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global HVAC System Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global HVAC System Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 26. Global HVAC System Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America HVAC System Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe HVAC System Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China HVAC System Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Japan HVAC System Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global HVAC System Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 32. Global HVAC System Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 34. North America HVAC System Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Canada HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Europe HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Europe HVAC System Consumption Market Share by Country (2020-2031)
 Figure 39. Germany HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. France HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. U.K. HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Italy HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Netherlands HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Asia Pacific HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Asia Pacific HVAC System Consumption Market Share by Region (2020-2031)
 Figure 46. China HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Japan HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. South Korea HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. China Taiwan HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Southeast Asia HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. India HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Latin America, Middle East & Africa HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Latin America, Middle East & Africa HVAC System Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Brazil HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Turkey HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. GCC Countries HVAC System Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. Global Production Market Share of HVAC System by Type (2020-2031)
 Figure 59. Global Production Value Market Share of HVAC System by Type (2020-2031)
 Figure 60. Global HVAC System Price (USD/Unit) by Type (2020-2031)
 Figure 61. Global Production Market Share of HVAC System by Application (2020-2031)
 Figure 62. Global Production Value Market Share of HVAC System by Application (2020-2031)
 Figure 63. Global HVAC System Price (USD/Unit) by Application (2020-2031)
 Figure 64. HVAC System Value Chain
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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