Table of Content

1. Executive Summary


2. Introduction

2.1 HVAC&R: An Overview
2.1.1 Products of HVAC&R

2.2 HVAC&R Segmentation: An Overview
2.2.1 HVAC&R Segmentation


3. Global Market Analysis

3.1 Global HVAC&R Market: An Analysis

3.1.1 Global HVAC&R Market: An Overview
3.1.2 Global HVAC&R Market by Value
3.1.3 Global HVAC&R Market by Type (cooling, heating, refrigeration and indoor air quality)
3.1.4 Global HVAC&R Market by End User (residential, commercial and industrial)
3.1.5 Global HVAC&R Market by Region (Asia Pacific, North America, Europe and Rest of the World)

3.2 Global HVAC&R Market: Type Analysis

3.2.1 Global HVAC&R Market by Type: An Overview
3.2.2 Global Cooling Market by Value
3.2.3 Global Cooling Market by Type (AC Equipment and Others)
3.2.4 Global AC Equipment Cooling Market by Value
3.2.5 Global Heating Market by Value
3.2.6 Global Refrigeration Market by Value
3.2.7 Global Indoor Air Quality Market by Value

3.3 Global HVAC&R Market: End User Analysis

3.3.1 Global HVAC&R Market by End User: An Overview
3.3.2 Global Residential HVAC&R Market by Value
3.3.3 Global Commercial HVAC&R Market by Value
3.3.4 Global Industrial HVAC&R Market by Value


4. Regional Market Analysis

4.1 Asia Pacific HVAC&R Market: An Analysis

4.1.1 Asia Pacific HVAC&R Market: An Overview
4.1.2 Asia Pacific HVAC&R Market by Value
4.1.3 Asia Pacific HVAC&R Market by Type (AC Equipment and Others)
4.1.4 Asia Pacific HVAC&R Market by Region (China, Japan, India and Rest of Asia Pacific)
4.1.5 China HVAC&R Market by Value
4.1.6 China HVAC&R Market by Type (AC Equipment and Others)
4.1.7 Japan HVAC&R Market by Value
4.1.8 Japan HVAC&R Market by Type (AC Equipment and Others)
4.1.9 India HVAC&R Market by Value
4.1.10 Rest of Asia Pacific HVAC&R Market by Value

4.2 North America HVAC&R Market: An Analysis

4.2.1 North America HVAC&R Market: An Overview
4.2.2 North America HVAC&R Market by Value
4.2.3 North America HVAC&R Market by Type (AC Equipment and Others)
4.2.4 North America HVAC&R Market by Region (The US, Canada and Mexico)
4.2.5 The US HVAC&R Market by Value
4.2.6 Canada HVAC&R Market by Value
4.2.7 Mexico HVAC&R Market by Value

4.3 Europe HVAC&R Market: An Analysis

4.3.1 Europe HVAC&R Market: An Overview
4.3.2 Europe HVAC&R Market by Value
4.3.3 Europe HVAC&R Market by Type (AC Equipment and Others)
4.3.4 Europe HVAC&R Market by Region (Germany, UK and Rest of Europe)
4.3.5 Germany HVAC&R Market by Value
4.3.6 UK HVAC&R Market by Value
4.3.7 Rest of Europe HVAC&R Market by Value

4.4 Rest of the World HVAC&R Market: An Analysis

4.4.1 Rest of the World HVAC&R Market: An Overview
4.4.2 Rest of the World HVAC&R Market by Value


5. Impact of COVID-19

5.1 Impact of COVID-19

5.1.1 Impact of COVID-19 on HVAC&R Market
5.1.2 Post COVID-19


6. Market Dynamics

6.1 Growth Drivers
6.1.1 Global Warming
6.1.2 Increasing AC Installations
6.1.3 Rapid Urbanization
6.1.4 Amplified Disposable Income
6.1.5 Government Incentives/Policy/Regulations
6.1.6 Upgrade and Renovation Demand
6.1.7 Economic Development in Emerging Markets

6.2 Challenges
6.2.1 High Maintenance
6.2.2 Skill Shortage

6.3 Market Trends
6.3.1 Growing Data Centre Cooling
6.3.2 Augmenting Heat Pumps
6.3.3 Growing Energy Efficient Solutions
6.3.4 District Cooling
6.3.5 Growth in the Use of Variable Refrigerant Flow (VRF) Systems


7. Competitive Landscape

7.1 Global HVAC&R Market Players: Competitive Landscape
7.2 Global HVAC Equipment Players by Market Share
7.3 China AC Players by Market Share
7.4 Europe Air to Water Heat Pump Heater Market Players: Capacity Expansion Plan


8. Company Profiles

8.1 Johnson Controls International PLC
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy

8.2 Mitsubishi Electric Corporation
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy

8.3 Daikin Industries, Ltd.
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy

8.4 Lennox International Inc.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy

8.5 Trane Technologies Plc
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy

8.6 Samsung Electronics Co., Ltd.
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategy

8.7 Panasonic Corporation
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy

8.8 Midea Group
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy

8.9 Voltas Limited
8.9.1 Business Overview
8.9.2 Operating Segments
8.9.3 Business Strategy

8.10 LG Electronics
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategy

8.11 Fujitsu General Limited
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategy

8.12 Carrier Global Corporation
8.12.1 Business Overview
8.12.2 Operating Segments
8.12.3 Business Strategy

8.13 Haier Group Corporation (Haier Smart Home Co., Ltd.)
8.13.1 Business Overview
8.13.2 Operating Segments
8.13.3 Business Strategy

8.14 Danfoss AS
8.14.1 Business Overview
8.14.2 Business Strategy

8.15 Zhuhai Gree Electric Appliances Co., Ltd.
8.15.1 Business Overview
8.15.2 Business Strategy

List of Figures

Figure 1: Products of HVAC&R
Figure 2: HVAC&R Segmentation
Figure 3: Global HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 4: Global HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 5: Global HVAC&R Market by Type; 2022 (Percentage, %)
Figure 6: Global HVAC&R Market by End User; 2022 (Percentage, %)
Figure 7: Global HVAC&R Market by Region; 2022 (Percentage, %)
Figure 8: Global Cooling Market by Value; 2018-2022 (US$ Billion)
Figure 9: Global Cooling Market by Value; 2023-2028 (US$ Billion)
Figure 10: Global Cooling Market by Type; 2022 (Percentage, %)
Figure 11: Global AC Equipment Cooling Market by Value; 2020-2022 (US$ Billion)
Figure 12: Global AC Equipment Cooling Market by Value; 2023-2028 (US$ Billion)
Figure 13: Global Heating Market by Value; 2018-2022 (US$ Billion)
Figure 14: Global Heating Market by Value; 2023-2028 (US$ Billion)
Figure 15: Global Refrigeration Market by Value; 2018-2022 (US$ Billion)
Figure 16: Global Refrigeration Market by Value; 2023-2028 (US$ Billion)
Figure 17: Global Indoor Air Quality Market by Value; 2018-2022 (US$ Billion)
Figure 18: Global Indoor Air Quality Market by Value; 2023-2028 (US$ Billion)
Figure 19: Global Residential HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 20: Global Residential HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 21: Global Commercial HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 22: Global Commercial HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 23: Global Industrial HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 24: Global Industrial HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 25: Asia Pacific HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 26: Asia Pacific HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 27: Asia Pacific HVAC&R Market by Type; 2022 (Percentage, %)
Figure 28: Asia Pacific HVAC&R Market by Region; 2022 (Percentage, %)
Figure 29: China HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 30: China HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 31: China HVAC&R Market by Type; 2022 (Percentage, %)
Figure 32: Japan HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 33: Japan HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 34: Japan HVAC&R Market by Type; 2022 (Percentage, %)
Figure 35: India HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 36: India HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 37: Rest of Asia Pacific HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 38: Rest of Asia Pacific HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 39: North America HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 40: North America HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 41: North America HVAC&R Market by Type; 2022 (Percentage, %)
Figure 42: North America HVAC&R Market by Region; 2022 (Percentage, %)
Figure 43: The US HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 44: The US HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 45: Canada HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 46: Canada HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 47: Mexico HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 48: Mexico HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 49: Europe HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 50: Europe HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 51: Europe HVAC&R Market by Type; 2022 (Percentage, %)
Figure 52: Europe HVAC&R Market by Region; 2022 (Percentage, %)
Figure 53: Germany HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 54: Germany HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 55: UK HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 56: UK HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 57: Rest of Europe HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 58: Rest of Europe HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 59: Rest of the World HVAC&R Market by Value; 2018-2022 (US$ Billion)
Figure 60: Rest of the World HVAC&R Market by Value; 2023-2028 (US$ Billion)
Figure 61: Global Land and Ocean Temperature Anomalies; 2016-2022 (Degree Celsius and Fahrenheit)
Figure 62: Global and the US AC Installation Units; 2019-2022 (Thousand Units)
Figure 63: Global Urban Population; 2015-2050 (Million)
Figure 64: Global GNI per Capita; 2016-2022 (Thousand)
Figure 65: Global Data Centre Cooling Market; 2020-2027 (US$ Billion)
Figure 66: Europe Air to Water Heat Pumps Volume; 2015-2030 (Thousand Units)
Figure 67: Europe Household Energy Prices; 2019/S1-2022/S2 (US$ per 100 Kwh)
Figure 68: Global HVAC Equipment Players by Market Share; 2022 (Percentage, %)
Figure 69: China AC Players by Market Share; 2022 (Percentage, %)
Figure 70: Johnson Controls International PLC Net Sales by Segment; 2022 (Percentage, %)
Figure 71: Mitsubishi Electric Corporation Revenue by Segment; 2022 (Percentage, %)
Figure 72: Daikin Industries, Ltd. Revenue by Segment; 2022 (Percentage, %)
Figure 73: Lennox International Inc. Net Sales by Segment; 2022 (Percentage, %)
Figure 74: Trane Technologies Plc Net Revenues by Segments; 2022 (Percentage, %)
Figure 75: Samsung Electronics Co., Ltd. Net Revenue by Segments; 2022 (Percentage, %)
Figure 76: Panasonic Corporation Sales by Segments; 2023 (Percentage, %)
Figure 77: Midea Group Revenue by Segment; 2022 (Percentage, %)
Figure 78: Voltas Limited Revenue by Segment; 2022 (Percentage, %)
Figure 79: LG Electronics Sales by Segments; 2022 (Percentage, %)
Figure 80: Fujitsu General Limited Sales by Segment; 2022 (Percentage, %)
Figure 81: Carrier Global Corporation Net Sales by Segment; 2022 (Percentage, %)
Figure 82: Haier Smart Home Co., Ltd. Revenue by Segment; 2022 (Percentage, %)
Table 1: Europe Air to Water Heat Pump Heater Market Players: Capacity Expansion Plan