U.S. Commercial Split Hvac Systems Market Size & Outlook
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U.S. commercial split hvac systems market highlights
- The U.S. commercial split hvac systems market generated a revenue of USD 2,276.7 million in 2024 and is expected to reach USD 4,876.0 million by 2033.
- The U.S. market is expected to grow at a CAGR of 8.6% from 2025 to 2033.
- In terms of segment, offices was the largest revenue generating end use in 2024.
- Data Centers is the most lucrative end use segment registering the fastest growth during the forecast period.
Commercial split hvac systems market data book summary
| Market revenue in 2024 | USD 2,276.7 million |
| Market revenue in 2033 | USD 4,876.0 million |
| Growth rate | 8.6% (CAGR from 2025 to 2033) |
| Largest segment | Offices |
| Fastest growing segment | Data Centers |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail Shops, Offices, Healthcare Facilities, Hospitality, Schools & Educational Institutions, Laboratories, Data Centers |
Other key industry trends
- In terms of revenue, U.S. accounted for 13.5% of the global commercial split hvac systems market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. commercial split hvac systems market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 532.4 million by 2033.
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Commercial Split HVAC Systems Market Scope
Commercial Split HVAC Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Haier lnc. | View profile | - | - | - |
| Johnson Controls, Inc. | View profile | - | - | - |
| Midea Group | View profile | 10001+ | Beijiao, Guangdong, China, Asia | https://midea-group.com |
| Voltas | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.voltas.com |
| Trane Technologies PLC Class A | View profile | 40000 | 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland | https://www.tranetechnologies.com |
| AAON Inc | View profile | 3666 | 2425 South Yukon Avenue, Tulsa, OK, United States, 74107 | https://www.aaon.com |
| Lennox International Inc | View profile | 12600 | 2140 Lake Park Boulevard, Richardson, TX, United States, 75080 | https://www.lennox.com |
| Carrier Global Corp Ordinary Shares | View profile | 53000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | https://www.corporate.carrier.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Fuji Electric Co Ltd | View profile | 30123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.fujielectric.co.jp |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
U.S. commercial split hvac systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial split hvac systems market will help companies and investors design strategic landscapes.
Offices was the largest segment with a revenue share of 27% in 2024. Horizon Databook has segmented the U.S. commercial split hvac systems market based on retail shops, offices, healthcare facilities, hospitality, schools & educational institutions, laboratories, data centers covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. commercial split hvac systems market , including forecasts for subscribers. This country databook contains high-level insights into U.S. commercial split hvac systems market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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U.S. commercial split hvac systems market size, by end use, 2021-2033 (US$M)
U.S. Commercial Split HVAC Systems Market Outlook Share, 2024 & 2033 (US$M)
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