The commercial HVAC market size was valued at US$ 79.30 billion in 2024 and is expected to reach US$ 136.44 billion by 2031; it is estimated to register a CAGR of 8.2% during 2025–2031. The growing requirement for smart HVAC systems and the rising demand for HVAC as a service are likely to remain key market trends.
Commercial HVAC Market Analysis
Commercial HVAC systems are usually much larger than residential ones. Larger properties require more power to adequately heat, cool, and ventilate, and commercial buildings are often far larger than houses. Commercial HVAC systems are generally more complex owing to their larger size and higher power requirements. HVAC demands in a commercial structure might also be more complex, as different parts of a building may require different temperatures and ventilation. Commercial HVAC systems also consist of a packaged unit, with all equipment housed in a single cabinet. This allows the entire unit to be moved or altered as needed to accommodate changing business conditions. Furthermore, they are designed according to the special requirements of large-scale buildings, ensuring high indoor air quality, energy efficiency, and occupant comfort.
Commercial HVAC Market Overview
The growing number of commercial construction projects worldwide is one of the main factors fueling the growth of the commercial HVAC market. Various countries across the world have different commercial construction projects, such as office construction, airport construction, and mall construction. For instance, in Q4 of 2024, the construction of the N3-5 project was started. The project involves the construction of a 13-story office building in Japan. The project is forecasted to be completed in Q4 2026. In addition, as per Copernicus, 2024 was the warmest year in a global temperature record spanning many datasets dating back to 1850. Thus, the rising temperature and weather conditions worldwide are increasing the demand for HVAC systems. Also, the strict laws and regulations by the governments of various countries, particularly regarding the use of refrigerants, are propelling the demand for eco-friendly and smart HVAC systems.
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Commercial HVAC Market: Strategic Insights
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Commercial HVAC Market Drivers and Opportunities
Increase in Temperatures and Unpredictable Weather Patterns
There is a continuous rise in the global temperature. According to Copernicus, 2024 was the warmest year in a global temperature record spanning many datasets dating back to 1850. In 2024, the global average temperature was 15.10°C, which was 0.12°C higher than the previous greatest annual record in 2023. 2024 was also 0.72°C warmer than the 1991–2020 average and 1.60°C higher than the pre-industrial level, marking the first calendar year to exceed 1.5°C above that level. The past ten years have been the warmest on record. From January to June 2024, each month was warmer than the same month in the previous year. In August 2024, the temperature matched the record temperature of August 2023, while the subsequent months from July to December were each the second warmest for the time of year, trailing only the comparable months in 2023. In addition, on July 22, 2024, the daily worldwide average temperature hit a new record high of 17.16°C.
As global temperatures are rising owing to climate change, businesses' cooling requirements are also increasing. This trend is particularly noticeable in urban areas, where the urban heat island effect exacerbates temperature increases. Commercial buildings increasingly require more robust HVAC systems to maintain comfortable indoor settings, resulting in increased demand for energy-efficient solutions. Smart HVAC solutions, which optimize performance based on real-time temperature data, are becoming important for lowering energy costs and improving comfort. Thus, rising temperatures and unpredictable weather conditions are pushing the commercial HVAC market to adopt more modern, efficient, and adaptive solutions. Building owners and managers are increasingly recognizing the need for HVAC systems that can deliver dependable comfort while also satisfying sustainability and regulatory standards.
Emerging Retrofitting Market
Retrofit is the process of updating and modifying existing climate control systems so that they operate more efficiently and have a lower environmental impact. This may include replacing obsolete components, adopting new technologies, and optimizing systems for improved performance. The percentage of savings varies according to numerous aspects, including the type of components. According to research conducted by the United States Department of Energy, improving HVAC systems might result in a 20% to 40% reduction in energy expenses, particularly in commercial buildings. Also, several HVAC companies have indicated that replacing old fans with high-efficiency, variable-speed versions can save 15% to 35% on energy expenses. In addition, upgrading or deploying modern control systems, such as smart thermostats that allow the temperature to be adjusted automatically based on occupant presence and usage patterns, is estimated to save 10% to 30% on energy consumption. According to the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE), building automation systems can integrate all building systems, including HVAC, lighting, and security, allowing for continuous monitoring, real-time diagnostics, and the ability to adjust systems for maximum efficiency. Further, improving or replacing air handling units (AHUs) results in 20% to 30% savings, particularly when heat recovery technology and high-efficiency filters are used.
Hence, as the commercial HVAC industry evolves, the retrofitting segment presents a lucrative opportunity for firms that want to invest in energy-efficient solutions. By adopting retrofitting, firms can not only meet regulatory requirements but also develop a culture of sustainability and creativity. This transformation not only benefits the bottom line but also helps create a greener, more sustainable future.
Commercial HVAC Market Report Segmentation Analysis
Key segments that contributed to the derivation of the commercial HVAC market analysis are equipment type, implementation, and application.
- Based on equipment type, the market is segmented into cooling equipment, heating equipment, and ventilation equipment. The cooling equipment segment is subsegmented into unitary air conditioners, chillers, coolers, VRF systems, and others. The heating equipment segment is further segmented into boilers, heat pumps, furnaces, and space heaters. The ventilation equipment segment is subsegmented into ventilation equipment type and ventilation systems type. The ventilation equipment type segment is further divided into air handling units (AHUs), ventilation fans, air filters and air purifiers, roof vents, and others. Also, the ventilation systems type segment is further divided into controlled mechanical ventilation (CMV), natural ventilation, and hybrid/mixed-mode ventilation. The cooling equipment segment dominated the market in 2024.
- Based on implementation, the market is segmented into new installation and retrofit. The new installation segment dominated the market in 2024.
- Based on application, the market is segmented into office buildings, hotels and restaurants, hospitals and clinics, the transportation industry, and others. The office buildings segment dominated the market in 2024.
Commercial HVAC Market Share Analysis by Geography
- The commercial HVAC market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the commercial HVAC market in 2024. Asia Pacific is the second-largest contributor to the global commercial HVAC market, followed by Europe.
- The commercial HVAC market in North America is segmented into the US, Canada, and Mexico. The commercial HVAC market in North America is primarily driven by increasing commercial infrastructure projects, rapid urbanization, and high construction spending. The region has various construction projects in line. For example, the construction of the Riverwalk San Diego project was initiated in Q1 2023, involving the construction of mixed-use facilities on 80.9 ha of land in California (US). The project also aims to provide better commercial facilities in the region. The project is expected to be completed by Q3 2029. Also, the construction of 2150 Lake Shore Mixed-Use Complex—which involves the construction of 29 buildings ranging from 3 to 67 storeys in Toronto (Ontario, Canada)—began in Q1 2023 and is likely to be completed by Q4 2027. The project will also provide a wide range of commercial and retail facilities with easy accessibility in the region. Thus, the growing construction industry in the region will stimulate the demand for HVAC systems.
Commercial HVAC Market Report Scope
Commercial HVAC Market News and Recent Developments
The commercial HVAC market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the commercial HVAC market are listed below:
- Schneider Electric announced that it is planning to invest over US$ 700 million in its U.S. operations through 2027. The company’s investments support the country’s focus on bolstering its energy infrastructure to power AI growth, boost domestic manufacturing, and strengthen energy security. The announcement comes as rising regional demand grows across data centers, utilities, manufacturing, and energy infrastructure segments.
(Source: Schneider Electric, Press Release, March 2025)
- Carrier India launched its first Centre of Excellence dedicated to skill development in the HVAC (Heating, Ventilation, and Air Conditioning) sector. Aligned with its commitment to fostering a skilled and inclusive workforce, Carrier supports initiatives that emphasize STEM education and future-ready capabilities essential for intelligent climate and energy solutions. This initiative, in collaboration with Jamia Millia Islamia's University Polytechnic (JMI), aims to bridge the skill gap in the HVAC industry and empower students with knowledge and practical expertise.
(Source: Carrier, Press Release, April 2025)
Commercial HVAC Market Report Coverage and Deliverables
The "Commercial HVAC Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Commercial HVAC market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Commercial HVAC market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Commercial HVAC market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the commercial HVAC market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The North America held the largest market share in 2024, followed by Europe and APAC.
The key players, holding majority shares, in global commercial HVAC market includes DAIKIN INDUSTRIES, Ltd; Trane; Carrier; Johnson Controls; and Danfoss A/S.
Growing requirement for smart HVAC systems is the future trends of the global commercial HVAC market.
The global commercial HVAC market is expected to reach US$ 136.45 billion in the year 2031.
The global commercial HVAC market was valued at US$ 79.30 billion in 2024 and is expected to grow at a CAGR of 8.2% during 2025–2031.
Rise in construction projects worldwide, increase in temperatures and unpredictable weather patterns, and strict government regulations are the driving factors impacting the global commercial HVAC market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Analyst Market Outlook
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Commercial HVAC Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
4.4 Premium Insights
4.4.1 Pricing Analysis
5. Commercial HVAC Market – Key Market Dynamics
5.1 Commercial HVAC Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rise in Construction Projects Worldwide
5.2.2 Increase in Temperatures and Unpredictable Weather Patterns
5.2.3 Strict Government Regulations
5.3 Market Restraints
5.3.1 High Maintenance and Replacement Cost
5.4 Market Opportunities
5.4.1 Growing Number of Data Centers
5.4.2 Emerging Retrofitting Market
5.5 Future Trends
5.5.1 Growing Requirement for Smart HVAC Systems
5.5.2 Rising Demand for HVAC as a Service
5.6 Impact of Drivers and Restraints:
6. Commercial HVAC Market – Global Market Analysis
6.1 Commercial HVAC Market Revenue (US$ Million), 2021–2031
6.2 Commercial HVAC Market Forecast Analysis
7. Commercial HVAC Market Analysis – by Equipment Type
7.1 Cooling Equipment
7.1.1 Overview
7.1.2 Cooling Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.1 Unitary Air Conditioners
7.1.2.1.1 Overview
7.1.2.1.2 Unitary Air Conditioners: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.2 Chillers
7.1.2.2.1 Overview
7.1.2.2.2 Chillers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.3 Coolers
7.1.2.3.1 Overview
7.1.2.3.2 Coolers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.4 VRF Systems
7.1.2.4.1 Overview
7.1.2.4.2 VRF Systems: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.5 Others
7.1.2.5.1 Overview
7.1.2.5.2 Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Heating Equipment
7.2.1 Overview
7.2.2 Heating Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.2.2.1 Boilers
7.2.2.1.1 Overview
7.2.2.1.2 Boilers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.2.2.2 Heat Pumps
7.2.2.2.1 Overview
7.2.2.2.2 Heat Pumps: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.2.2.3 Furnaces
7.2.2.3.1 Overview
7.2.2.3.2 Furnaces: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.2.2.4 Space Heaters
7.2.2.4.1 Overview
7.2.2.4.2 Space Heaters: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Ventilation Equipment
7.3.1 Overview
7.3.2 Ventilation Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.1 Ventilation Equipment, Type
7.3.2.1.1 Air Handling Units (AHUs)
7.3.2.1.1.1 Overview
7.3.2.1.1.2 Air Handling Units (AHUs): Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.1.2 Ventilation Fans
7.3.2.1.2.1 Overview
7.3.2.1.2.2 Ventilation Fans: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.1.3 Air Filters and Air Purifiers
7.3.2.1.3.1 Overview
7.3.2.1.3.2 Air Filters and Air Purifiers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.1.4 Roof Vents
7.3.2.1.4.1 Overview
7.3.2.1.4.2 Roof Vents: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.1.5 Others
7.3.2.1.5.1 Overview
7.3.2.1.5.2 Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.2 Ventilation Equipment, System Type
7.3.2.2.1 Controlled Mechanical Ventilation (CMV)
7.3.2.2.1.1 Overview
7.3.2.2.1.2 Controlled Mechanical Ventilation (CMV): Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.2.2 Natural Ventilation
7.3.2.2.2.1 Overview
7.3.2.2.2.2 Natural Ventilation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
7.3.2.2.3 Hybrid or Mixed-Mode Ventilation
7.3.2.2.3.1 Overview
7.3.2.2.3.2 Hybrid or Mixed-Mode Ventilation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
8. Commercial HVAC Market Analysis – by Implementation
8.1 New Installation
8.1.1 Overview
8.1.2 New Installation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Retrofit
8.2.1 Overview
8.2.2 Retrofit: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
9. Commercial HVAC Market Analysis – by Application
9.1 Office Buildings
9.1.1 Overview
9.1.2 Office Buildings: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Hotels and Restaurants
9.2.1 Overview
9.2.2 Hotels and Restaurants: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Transportation Industry
9.3.1 Overview
9.3.2 Transportation Industry: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Hospitals and Clinics
9.4.1 Overview
9.4.2 Hospitals and Clinics: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
10. Commercial HVAC Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Commercial HVAC Market Overview
10.2.2 North America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.2.3 North America: Commercial HVAC Market Breakdown, by Equipment Type
10.2.3.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Equipment Type
10.2.4 North America: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.2.4.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Cooling Equipment Type
10.2.5 North America: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.2.5.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Heating Equipment Type
10.2.6 North America: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.2.6.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Equipment Type
10.2.7 North America: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.2.7.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Systems Type
10.2.8 North America: Commercial HVAC Market Breakdown, by Implementation
10.2.8.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Implementation
10.2.9 North America: Commercial HVAC Market Breakdown, by Application
10.2.9.1 North America: Commercial HVAC Market– Revenue and Forecast Analysis – by Application
10.2.10 North America: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.2.10.1 North America: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.2.10.2 United States: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.2.10.2.1 United States: Commercial HVAC Market Breakdown, by Equipment Type
10.2.10.2.2 United States: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.2.10.2.3 United States: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.2.10.2.4 United States: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.2.10.2.5 United States: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.2.10.2.6 United States: Commercial HVAC Market Breakdown, by Implementation
10.2.10.2.7 United States: Commercial HVAC Market Breakdown, by Application
10.2.10.3 Canada: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.2.10.3.1 Canada: Commercial HVAC Market Breakdown, by Equipment Type
10.2.10.3.2 Canada: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.2.10.3.3 Canada: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.2.10.3.4 Canada: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.2.10.3.5 Canada: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.2.10.3.6 Canada: Commercial HVAC Market Breakdown, by Implementation
10.2.10.3.7 Canada: Commercial HVAC Market Breakdown, by Application
10.2.10.4 Mexico: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.2.10.4.1 Mexico: Commercial HVAC Market Breakdown, by Equipment Type
10.2.10.4.2 Mexico: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.2.10.4.3 Mexico: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.2.10.4.4 Mexico: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.2.10.4.5 Mexico: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.2.10.4.6 Mexico: Commercial HVAC Market Breakdown, by Implementation
10.2.10.4.7 Mexico: Commercial HVAC Market Breakdown, by Application
10.3 Europe
10.3.1 Europe Commercial HVAC Market Overview
10.3.2 Europe: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.3 Europe: Commercial HVAC Market Breakdown, by Equipment Type
10.3.3.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Equipment Type
10.3.4 Europe: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.4.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Cooling Equipment Type
10.3.5 Europe: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.5.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Heating Equipment Type
10.3.6 Europe: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.6.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Equipment Type
10.3.7 Europe: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.7.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Systems Type
10.3.8 Europe: Commercial HVAC Market Breakdown, by Implementation
10.3.8.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Implementation
10.3.9 Europe: Commercial HVAC Market Breakdown, by Application
10.3.9.1 Europe: Commercial HVAC Market– Revenue and Forecast Analysis – by Application
10.3.10 Europe: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.3.10.1 Europe: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.3.10.2 United Kingdom: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.2.1 United Kingdom: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.2.2 United Kingdom: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.2.3 United Kingdom: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.2.4 United Kingdom: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.2.5 United Kingdom: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.2.6 United Kingdom: Commercial HVAC Market Breakdown, by Implementation
10.3.10.2.7 United Kingdom: Commercial HVAC Market Breakdown, by Application
10.3.10.3 Germany: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.3.1 Germany: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.3.2 Germany: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.3.3 Germany: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.3.4 Germany: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.3.5 Germany: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.3.6 Germany: Commercial HVAC Market Breakdown, by Implementation
10.3.10.3.7 Germany: Commercial HVAC Market Breakdown, by Application
10.3.10.4 France: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.4.1 France: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.4.2 France: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.4.3 France: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.4.4 France: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.4.5 France: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.4.6 France: Commercial HVAC Market Breakdown, by Implementation
10.3.10.4.7 France: Commercial HVAC Market Breakdown, by Application
10.3.10.5 Italy: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.5.1 Italy: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.5.2 Italy: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.5.3 Italy: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.5.4 Italy: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.5.5 Italy: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.5.6 Italy: Commercial HVAC Market Breakdown, by Implementation
10.3.10.5.7 Italy: Commercial HVAC Market Breakdown, by Application
10.3.10.6 Russia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.6.1 Russia: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.6.2 Russia: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.6.3 Russia: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.6.4 Russia: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.6.5 Russia: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.6.6 Russia: Commercial HVAC Market Breakdown, by Implementation
10.3.10.6.7 Russia: Commercial HVAC Market Breakdown, by Application
10.3.10.7 Rest of Europe: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.3.10.7.1 Rest of Europe: Commercial HVAC Market Breakdown, by Equipment Type
10.3.10.7.2 Rest of Europe: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.3.10.7.3 Rest of Europe: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.3.10.7.4 Rest of Europe: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.3.10.7.5 Rest of Europe: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.3.10.7.6 Rest of Europe: Commercial HVAC Market Breakdown, by Implementation
10.3.10.7.7 Rest of Europe: Commercial HVAC Market Breakdown, by Application
10.4 Asia Pacific
10.4.1 Asia Pacific Commercial HVAC Market Overview
10.4.2 Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.3 Asia Pacific: Commercial HVAC Market Breakdown, by Equipment Type
10.4.3.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Equipment Type
10.4.4 Asia Pacific: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.4.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Cooling Equipment Type
10.4.5 Asia Pacific: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.5.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Heating Equipment Type
10.4.6 Asia Pacific: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.6.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Equipment Type
10.4.7 Asia Pacific: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.7.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Systems Type
10.4.8 Asia Pacific: Commercial HVAC Market Breakdown, by Implementation
10.4.8.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Implementation
10.4.9 Asia Pacific: Commercial HVAC Market Breakdown, by Application
10.4.9.1 Asia Pacific: Commercial HVAC Market– Revenue and Forecast Analysis – by Application
10.4.10 Asia Pacific: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.4.10.1 Asia Pacific: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.4.10.2 China: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.2.1 China: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.2.2 China: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.2.3 China: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.2.4 China: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.2.5 China: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.2.6 China: Commercial HVAC Market Breakdown, by Implementation
10.4.10.2.7 China: Commercial HVAC Market Breakdown, by Application
10.4.10.3 Japan: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.3.1 Japan: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.3.2 Japan: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.3.3 Japan: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.3.4 Japan: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.3.5 Japan: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.3.6 Japan: Commercial HVAC Market Breakdown, by Implementation
10.4.10.3.7 Japan: Commercial HVAC Market Breakdown, by Application
10.4.10.4 India: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.4.1 India: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.4.2 India: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.4.3 India: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.4.4 India: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.4.5 India: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.4.6 India: Commercial HVAC Market Breakdown, by Implementation
10.4.10.4.7 India: Commercial HVAC Market Breakdown, by Application
10.4.10.5 South Korea: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.5.1 South Korea: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.5.2 South Korea: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.5.3 South Korea: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.5.4 South Korea: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.5.5 South Korea: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.5.6 South Korea: Commercial HVAC Market Breakdown, by Implementation
10.4.10.5.7 South Korea: Commercial HVAC Market Breakdown, by Application
10.4.10.6 Australia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.6.1 Australia: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.6.2 Australia: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.6.3 Australia: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.6.4 Australia: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.6.5 Australia: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.6.6 Australia: Commercial HVAC Market Breakdown, by Implementation
10.4.10.6.7 Australia: Commercial HVAC Market Breakdown, by Application
10.4.10.7 Rest of APAC: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.4.10.7.1 Rest of APAC: Commercial HVAC Market Breakdown, by Equipment Type
10.4.10.7.2 Rest of APAC: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.4.10.7.3 Rest of APAC: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.4.10.7.4 Rest of APAC: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.4.10.7.5 Rest of APAC: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.4.10.7.6 Rest of APAC: Commercial HVAC Market Breakdown, by Implementation
10.4.10.7.7 Rest of APAC: Commercial HVAC Market Breakdown, by Application
10.5 Middle East and Africa
10.5.1 Middle East and Africa Commercial HVAC Market Overview
10.5.2 Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.5.3 Middle East and Africa: Commercial HVAC Market Breakdown, by Equipment Type
10.5.3.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Equipment Type
10.5.4 Middle East and Africa: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.5.4.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Cooling Equipment Type
10.5.5 Middle East and Africa: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.5.5.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Heating Equipment Type
10.5.6 Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.5.6.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Equipment Type
10.5.7 Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.5.7.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Systems Type
10.5.8 Middle East and Africa: Commercial HVAC Market Breakdown, by Implementation
10.5.8.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Implementation
10.5.9 Middle East and Africa: Commercial HVAC Market Breakdown, by Application
10.5.9.1 Middle East and Africa: Commercial HVAC Market– Revenue and Forecast Analysis – by Application
10.5.10 Middle East and Africa: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.5.10.1 Middle East and Africa: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.5.10.2 United Arab Emirates: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.5.10.2.1 United Arab Emirates: Commercial HVAC Market Breakdown, by Equipment Type
10.5.10.2.2 United Arab Emirates: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.5.10.2.3 United Arab Emirates: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.5.10.2.4 United Arab Emirates: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.5.10.2.5 United Arab Emirates: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.5.10.2.6 United Arab Emirates: Commercial HVAC Market Breakdown, by Implementation
10.5.10.2.7 United Arab Emirates: Commercial HVAC Market Breakdown, by Application
10.5.10.3 Saudi Arabia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.5.10.3.1 Saudi Arabia: Commercial HVAC Market Breakdown, by Equipment Type
10.5.10.3.2 Saudi Arabia: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.5.10.3.3 Saudi Arabia: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.5.10.3.4 Saudi Arabia: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.5.10.3.5 Saudi Arabia: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.5.10.3.6 Saudi Arabia: Commercial HVAC Market Breakdown, by Implementation
10.5.10.3.7 Saudi Arabia: Commercial HVAC Market Breakdown, by Application
10.5.10.4 South Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.5.10.4.1 South Africa: Commercial HVAC Market Breakdown, by Equipment Type
10.5.10.4.2 South Africa: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.5.10.4.3 South Africa: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.5.10.4.4 South Africa: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.5.10.4.5 South Africa: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.5.10.4.6 South Africa: Commercial HVAC Market Breakdown, by Implementation
10.5.10.4.7 South Africa: Commercial HVAC Market Breakdown, by Application
10.5.10.5 Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.5.10.5.1 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Equipment Type
10.5.10.5.2 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.5.10.5.3 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.5.10.5.4 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.5.10.5.5 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.5.10.5.6 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Implementation
10.5.10.5.7 Rest of Middle East and Africa: Commercial HVAC Market Breakdown, by Application
10.6 South and Central America
10.6.1 South and Central America Commercial HVAC Market Overview
10.6.2 South and Central America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.6.3 South and Central America: Commercial HVAC Market Breakdown, by Equipment Type
10.6.3.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Equipment Type
10.6.4 South and Central America: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.6.4.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Cooling Equipment Type
10.6.5 South and Central America: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.6.5.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Heating Equipment Type
10.6.6 South and Central America: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.6.6.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Equipment Type
10.6.7 South and Central America: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.6.7.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Ventilation Systems Type
10.6.8 South and Central America: Commercial HVAC Market Breakdown, by Implementation
10.6.8.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Implementation
10.6.9 South and Central America: Commercial HVAC Market Breakdown, by Application
10.6.9.1 South and Central America: Commercial HVAC Market– Revenue and Forecast Analysis – by Application
10.6.10 South and Central America: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.6.10.1 South and Central America: Commercial HVAC Market – Revenue and Forecast Analysis – by Country
10.6.10.2 Brazil: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.6.10.2.1 Brazil: Commercial HVAC Market Breakdown, by Equipment Type
10.6.10.2.2 Brazil: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.6.10.2.3 Brazil: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.6.10.2.4 Brazil: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.6.10.2.5 Brazil: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.6.10.2.6 Brazil: Commercial HVAC Market Breakdown, by Implementation
10.6.10.2.7 Brazil: Commercial HVAC Market Breakdown, by Application
10.6.10.3 Argentina: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.6.10.3.1 Argentina: Commercial HVAC Market Breakdown, by Equipment Type
10.6.10.3.2 Argentina: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.6.10.3.3 Argentina: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.6.10.3.4 Argentina: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.6.10.3.5 Argentina: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.6.10.3.6 Argentina: Commercial HVAC Market Breakdown, by Implementation
10.6.10.3.7 Argentina: Commercial HVAC Market Breakdown, by Application
10.6.10.4 Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
10.6.10.4.1 Rest of South and Central America: Commercial HVAC Market Breakdown, by Equipment Type
10.6.10.4.2 Rest of South and Central America: Commercial HVAC Market Breakdown, by Cooling Equipment Type
10.6.10.4.3 Rest of South and Central America: Commercial HVAC Market Breakdown, by Heating Equipment Type
10.6.10.4.4 Rest of South and Central America: Commercial HVAC Market Breakdown, by Ventilation Equipment Type
10.6.10.4.5 Rest of South and Central America: Commercial HVAC Market Breakdown, by Ventilation Systems Type
10.6.10.4.6 Rest of South and Central America: Commercial HVAC Market Breakdown, by Implementation
10.6.10.4.7 Rest of South and Central America: Commercial HVAC Market Breakdown, by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Market Share Analysis, 2024
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.2 Mergers and Acquisitions
13. Company Profiles
13.1 Schneider Electric SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Carrier Global Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Daikin Industries Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Honeywell International Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Johnson Controls International Plc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Danfoss AS
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Lennox International Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 LG Electronics Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Mitsubishi Electric Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Samsung Electronics Co Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Trane Technologies Plc
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 AAON Inc
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 Word Index
14.2 About the Insight Partners
List of Tables
Table 1. Commercial HVAC Market Segmentation
Table 2. List of Vendors
Table 3. Commercial HVAC Market – Revenue, 2021- 2024 (US$ Million)
Table 4. Commercial HVAC Market – Revenue, 2025- 2031 (US$ Million)
Table 5. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 6. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Equipment Type
Table 7. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 8. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Cooling Equipment Type
Table 9. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 10. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Heating Equipment Type
Table 11. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 12. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Ventilation Equipment Type
Table 13. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 14. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Ventilation Systems Type
Table 15. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 16. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Implementation
Table 17. Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 18. Commercial HVAC Market – Revenue, 2025 - 2031(US$ Million) – by Application
Table 19. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Equipment Type
Table 20. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 21. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Cooling Equipment Type
Table 22. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 23. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Heating Equipment Type
Table 24. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 25. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Equipment Type
Table 26. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 27. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Systems Type
Table 28. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 29. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Implementation
Table 30. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 31. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Application
Table 32. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 33. North America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Country
Table 34. North America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Country
Table 35. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 36. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 37. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 38. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 39. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 40. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 41. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 42. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 43. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 44. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 45. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 46. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 47. United States: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 48. United States: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 49. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 50. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 51. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 52. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 53. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 54. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 55. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 56. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 57. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 58. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 59. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 60. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 61. Canada: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 62. Canada: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 63. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 64. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 65. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 66. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 67. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 68. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 69. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 70. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 71. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 72. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 73. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 74. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 75. Mexico: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 76. Mexico: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 77. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Equipment Type
Table 78. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 79. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Cooling Equipment Type
Table 80. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 81. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Heating Equipment Type
Table 82. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 83. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Equipment Type
Table 84. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 85. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Systems Type
Table 86. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 87. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Implementation
Table 88. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 89. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Application
Table 90. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 91. Europe: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Country
Table 92. Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Country
Table 93. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 94. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 95. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 96. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 97. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 98. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 99. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 100. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 101. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 102. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 103. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 104. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 105. United Kingdom: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 106. United Kingdom: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 107. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 108. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 109. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 110. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 111. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 112. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 113. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 114. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 115. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 116. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 117. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 118. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 119. Germany: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 120. Germany: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 121. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 122. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 123. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 124. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 125. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 126. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 127. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 128. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 129. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 130. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 131. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 132. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 133. France: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 134. France: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 135. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 136. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 137. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 138. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 139. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 140. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 141. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 142. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 143. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 144. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 145. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 146. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 147. Italy: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 148. Italy: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 149. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 150. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 151. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 152. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 153. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 154. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 155. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 156. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 157. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 158. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 159. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 160. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 161. Russia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 162. Russia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 163. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 164. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 165. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 166. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 167. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 168. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 169. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 170. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 171. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 172. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 173. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 174. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 175. Rest of Europe: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 176. Rest of Europe: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 177. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Equipment Type
Table 178. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 179. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Cooling Equipment Type
Table 180. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 181. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Heating Equipment Type
Table 182. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 183. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Equipment Type
Table 184. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 185. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Systems Type
Table 186. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 187. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Implementation
Table 188. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 189. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Application
Table 190. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 191. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Country
Table 192. Asia Pacific: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Country
Table 193. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 194. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 195. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 196. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 197. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 198. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 199. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 200. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 201. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 202. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 203. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 204. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 205. China: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 206. China: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 207. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 208. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 209. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 210. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 211. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 212. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 213. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 214. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 215. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 216. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 217. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 218. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 219. Japan: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 220. Japan: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 221. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 222. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 223. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 224. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 225. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 226. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 227. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 228. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 229. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 230. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 231. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 232. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 233. India: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 234. India: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 235. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 236. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 237. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 238. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 239. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 240. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 241. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 242. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 243. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 244. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 245. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 246. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 247. South Korea: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 248. South Korea: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 249. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 250. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 251. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 252. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 253. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 254. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 255. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 256. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 257. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 258. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 259. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 260. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 261. Australia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 262. Australia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 263. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 264. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 265. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 266. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 267. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 268. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 269. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 270. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 271. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 272. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 273. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 274. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 275. Rest of APAC: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 276. Rest of APAC: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 277. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Equipment Type
Table 278. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 279. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Cooling Equipment Type
Table 280. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 281. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Heating Equipment Type
Table 282. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 283. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Equipment Type
Table 284. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 285. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Systems Type
Table 286. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 287. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Implementation
Table 288. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 289. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Application
Table 290. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 291. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Country
Table 292. Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Country
Table 293. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 294. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 295. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 296. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 297. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 298. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 299. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 300. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 301. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 302. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 303. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 304. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 305. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 306. United Arab Emirates: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 307. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 308. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 309. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 310. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 311. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 312. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 313. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 314. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 315. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 316. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 317. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 318. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 319. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 320. Saudi Arabia: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 321. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 322. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 323. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 324. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 325. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 326. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 327. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 328. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 329. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 330. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 331. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 332. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 333. South Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 334. South Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 335. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 336. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 337. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 338. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 339. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 340. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 341. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 342. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 343. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 344. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 345. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 346. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 347. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 348. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 349. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Equipment Type
Table 350. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 351. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Cooling Equipment Type
Table 352. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 353. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Heating Equipment Type
Table 354. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 355. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Equipment Type
Table 356. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 357. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Ventilation Systems Type
Table 358. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 359. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Implementation
Table 360. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 361. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Application
Table 362. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 363. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2024 (US$ Million) – by Country
Table 364. South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Country
Table 365. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 366. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 367. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 368. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 369. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 370. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 371. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 372. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 373. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 374. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 375. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 376. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 377. Brazil: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 378. Brazil: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 379. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 380. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 381. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 382. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 383. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 384. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 385. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 386. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 387. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 388. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 389. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 390. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 391. Argentina: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 392. Argentina: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 393. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Equipment Type
Table 394. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Equipment Type
Table 395. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Cooling Equipment Type
Table 396. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Cooling Equipment Type
Table 397. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Heating Equipment Type
Table 398. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Heating Equipment Type
Table 399. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Equipment Type
Table 400. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Equipment Type
Table 401. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Ventilation Systems Type
Table 402. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Ventilation Systems Type
Table 403. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Implementation
Table 404. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Implementation
Table 405. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 -2024(US$ Million) – by Application
Table 406. Rest of South and Central America: Commercial HVAC Market – Revenue, 2025 - 2031 (US$ Million) – by Application
Table 407. Heat Map Analysis by Key Players
Table 408. List of Abbreviation
List of Figures
Figure 1. Commercial HVAC Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Commercial HVAC Market Revenue (US$ Million), 2021–2031
Figure 5. Commercial HVAC Market Share (%) – by Equipment Type (2024 and 2031)
Figure 6. Cooling Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Commercial HVAC Market Share (%) – by Cooling Equipment Type (2024 and 2031)
Figure 8. Unitary Air Conditioners: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Chillers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Coolers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. VRF Systems: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Heating Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Commercial HVAC Market Share (%) – by Heating Equipment Type (2024 and 2031)
Figure 15. Boilers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Heat Pumps: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Furnaces: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Space Heaters: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Ventilation Equipment: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Commercial HVAC Market Share (%) – by Ventilation Equipment Type (2024 and 2031)
Figure 21. Air Handling Units (AHUs): Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Ventilation Fans: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Air Filters and Air Purifiers: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Roof Vents: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Commercial HVAC Market Share (%) – by Ventilation Systems Type (2024 and 2031)
Figure 27. Controlled Mechanical Ventilation (CMV): Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. Natural Ventilation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. Hybrid or Mixed-Mode Ventilation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 30. Commercial HVAC Market Share (%) – by Implementation (2024 and 2031)
Figure 31. New Installation: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 32. Retrofit: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 33. Commercial HVAC Market Share (%) – by Application (2024 and 2031)
Figure 34. Office Buildings: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 35. Hotels and Restaurants: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 36. Transportation Industry: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 37. Hospitals and Clinics: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 38. Others: Commercial HVAC Market – Revenue and Forecast to 2031 (US$ Million)
Figure 39. Commercial HVAC Market Breakdown by Region, 2024 and 2031 (%)
Figure 40. North America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 41. North America: Commercial HVAC Market Breakdown, by Equipment Type (2024 and 2031)
Figure 42. North America: Commercial HVAC Market Breakdown, by Cooling Equipment Type (2024 and 2031)
Figure 43. North America: Commercial HVAC Market Breakdown, by Heating Equipment Type (2024 and 2031)
Figure 44. North America: Commercial HVAC Market Breakdown, by Ventilation Equipment Type (2024 and 2031)
Figure 45. North America: Commercial HVAC Market Breakdown, by Ventilation Systems Type (2024 and 2031)
Figure 46. North America: Commercial HVAC Market Breakdown, by Implementation (2024 and 2031)
Figure 47. North America: Commercial HVAC Market Breakdown, by Application (2024 and 2031)
Figure 48. North America: Commercial HVAC Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 49. United States: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 50. Canada: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 51. Mexico: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 52. Europe: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 53. Europe: Commercial HVAC Market Breakdown, by Equipment Type (2024 and 2031)
Figure 54. Europe: Commercial HVAC Market Breakdown, by Cooling Equipment Type (2024 and 2031)
Figure 55. Europe: Commercial HVAC Market Breakdown, by Heating Equipment Type (2024 and 2031)
Figure 56. Europe: Commercial HVAC Market Breakdown, by Ventilation Equipment Type (2024 and 2031)
Figure 57. Europe: Commercial HVAC Market Breakdown, by Ventilation Systems Type (2024 and 2031)
Figure 58. Europe: Commercial HVAC Market Breakdown, by Implementation (2024 and 2031)
Figure 59. Europe: Commercial HVAC Market Breakdown, by Application (2024 and 2031)
Figure 60. Europe: Commercial HVAC Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 61. United Kingdom: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 62. Germany: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 63. France: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 64. Italy: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 65. Russia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 66. Rest of Europe: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 67. Asia Pacific: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 68. Asia Pacific: Commercial HVAC Market Breakdown, by Equipment Type (2024 and 2031)
Figure 69. Asia Pacific: Commercial HVAC Market Breakdown, by Cooling Equipment Type (2024 and 2031)
Figure 70. Asia Pacific: Commercial HVAC Market Breakdown, by Heating Equipment Type (2024 and 2031)
Figure 71. Asia Pacific: Commercial HVAC Market Breakdown, by Ventilation Equipment Type (2024 and 2031)
Figure 72. Asia Pacific: Commercial HVAC Market Breakdown, by Ventilation Systems Type (2024 and 2031)
Figure 73. Asia Pacific: Commercial HVAC Market Breakdown, by Implementation (2024 and 2031)
Figure 74. Asia Pacific: Commercial HVAC Market Breakdown, by Application (2024 and 2031)
Figure 75. Asia Pacific: Commercial HVAC Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 76. China: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 77. Japan: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 78. India: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 79. South Korea: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 80. Australia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 81. Rest of APAC: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 82. Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 83. Middle East and Africa: Commercial HVAC Market Breakdown, by Equipment Type (2024 and 2031)
Figure 84. Middle East and Africa: Commercial HVAC Market Breakdown, by Cooling Equipment Type (2024 and 2031)
Figure 85. Middle East and Africa: Commercial HVAC Market Breakdown, by Heating Equipment Type (2024 and 2031)
Figure 86. Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Equipment Type (2024 and 2031)
Figure 87. Middle East and Africa: Commercial HVAC Market Breakdown, by Ventilation Systems Type (2024 and 2031)
Figure 88. Middle East and Africa: Commercial HVAC Market Breakdown, by Implementation (2024 and 2031)
Figure 89. Middle East and Africa: Commercial HVAC Market Breakdown, by Application (2024 and 2031)
Figure 90. Middle East and Africa: Commercial HVAC Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 91. United Arab Emirates: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 92. Saudi Arabia: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 93. South Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 94. Rest of Middle East and Africa: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 95. South and Central America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 96. South and Central America: Commercial HVAC Market Breakdown, by Equipment Type (2024 and 2031)
Figure 97. South and Central America: Commercial HVAC Market Breakdown, by Cooling Equipment Type (2024 and 2031)
Figure 98. South and Central America: Commercial HVAC Market Breakdown, by Heating Equipment Type (2024 and 2031)
Figure 99. South and Central America: Commercial HVAC Market Breakdown, by Ventilation Equipment Type (2024 and 2031)
Figure 100. South and Central America: Commercial HVAC Market Breakdown, by Ventilation Systems Type (2024 and 2031)
Figure 101. South and Central America: Commercial HVAC Market Breakdown, by Implementation (2024 and 2031)
Figure 102. South and Central America: Commercial HVAC Market Breakdown, by Application (2024 and 2031)
Figure 103. South and Central America: Commercial HVAC Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 104. Brazil: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 105. Argentina: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 106. Rest of South and Central America: Commercial HVAC Market – Revenue, 2021 - 2031 (US$ Million)
Figure 107. Company Market Share Analysis, 2024
The List of Companies - Commercial HVAC Market
- Schneider Electric SE
- Carrier Global Corp
- Daikin Industries Ltd
- Honeywell International Inc
- Johnson Controls International Plc
- Danfoss AS
- Lennox International Inc
- LG Electronics Inc
- Mitsubishi Electric Corp
- Samsung Electronics Co Ltd
- Trane Technologies Plc
- AAON Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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