세계 HVAC 장비 산업의 성장 기회

Competitive Intensity to Propagate Material and Design Strategies Promoting HVAC Sustainability

Frost & Sullivan estimates the global HVAC equipment industry at $229.85 billion in 2023 and is projected to grow at a 7% CAGR in the forecast period. The HVAC industry is undergoing a transformation that emphasizes energy efficiency, sustainability, and evolving customer demands in a post-pandemic world.

HVAC systems offering real-time monitoring, data-driven optimization, and remote-control capabilities, leading to improved efficiency, reduced energy usage, and enhanced user experiences, are widely preferred. Such disruptive technologies will offer high growth potential for present and future applications with significant opportunities for HVAC industry growth and transformation toward a circular economy.

As circularity gains significant traction in the HVAC sector, companies are increasingly focused on extending product life spans, adopting remanufacturing practices, and utilizing recycled materials in their products.

Asia-Pacific is the largest revenue-generating region, followed by North America and Europe. These hotspots see sustained growth in construction activity, particularly in the residential and commercial segments. Stringent regulations to reduce energy consumption and carbon footprints further drive the adoption of advanced HVAC technologies in North America and Europe.

The cooling segment accounted for 56.1% of the global HVAC equipment industry. Among the user categories, commercial and residential segments accounted for 89.1% of the total industry, with commercial usage edging past residential as the higher revenue generator in 2023.

Table of Contents

Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative 8™
• The Impact of the Top 3 Strategic Imperatives on the Global Heating Ventilation and Air Conditioning Equipment Industry
• Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

• Scope of Analysis
• Global HVAC Equipment Vertical Industry Segmentation
• Key Competitors in the HVAC Equipment Industry
• Key Growth Metrics in the HVAC Equipment Industry
• HVAC Equipment Industry Distribution Channels
• Growth Drivers
• Growth Restraints
• Forecast Assumptions
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Region
• Revenue Forecast Analysis by Region
• Revenue Forecast by Vertical
• Revenue Forecast Analysis by Vertical Industry
• Revenue Forecast by Equipment Type
• Revenue Forecast Analysis by Equipment Type
• Competitive Environment
• Market Share
• Top 5 Competitors
• Market Share Analysis
• Mergers and Acquisitions in the HVAC Industry
• Value Creation through Circular Economy in the HVAC Industry
• Circular Initiatives in the HVAC Industry

Growth Opportunity Analysis: North America

• Key Growth Metrics
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Equipment Type
• Revenue Forecast by Vertical Industry
• Revenue Forecast Analysis by Equipment Type and Vertical Industry

Growth Opportunity Analysis: Europe

• Key Growth Metrics
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Equipment Type
• Revenue Forecast by Vertical Industry
• Revenue Forecast Analysis

Growth Opportunity Analysis: Asia-Pacific

• Key Growth Metrics
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Equipment Type
• Revenue Forecast by Vertical Industry
• Revenue Forecast Analysis

Growth Opportunity Analysis: Middle East and Africa (MEA)

• Key Growth Metrics
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Equipment Type
• Revenue Forecast by Vertical Industry
• Revenue Forecast Analysis

Growth Opportunity Analysis: Latin America

• Key Growth Metrics
• Revenue Forecast
• Revenue Forecast Analysis
• Revenue Forecast by Equipment Type
• Revenue Forecast by Vertical Industry
• Revenue Forecast Analysis

Growth Opportunity Universe

• Growth Opportunity 1: IoT to Promote Circularity in the HVAC Industry
• Growth Opportunity 2: Green HVAC to Drive Decarbonization in Buildings
• Growth Opportunity 3: Design for Disassembly to Combat Raw Material Shortage

Appendix

• List of Other Companies
• Frost & Sullivan's 6P Framework for Sustainability

Next Steps

• Your Next Steps
• Why Frost, Why Now?
• List of Exhibits
• Legal Disclaimer