Market revenue in 2024 | USD 3,076.2 million |
Market revenue in 2033 | USD 4,892.1 million |
Growth rate | 5.3% (CAGR from 2025 to 2033) |
Largest segment | Ventilation |
Fastest growing segment | Heating |
Historical data covered | 2021 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2033 |
Quantitative units | Revenue in USD million |
Market segmentation | Heating, Ventilation, Cooling |
Key market players worldwide | Carrier Global Corp Ordinary Shares, Daikin Industries Ltd, Fujitsu Ltd, Haier, Hitachi Ltd, Johnson Controls International PLC, LG Electronics Inc ADR, Lennox International Inc, Mitsubishi Electric Corp, Samsung Electronics Co Ltd, Trane Technologies PLC Class A |
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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 hvac systems market will help companies and investors design strategic landscapes.
Ventilation was the largest segment with a revenue share of 42.49% in 2024. Horizon Databook has segmented the Europe hvac systems market based on heating, ventilation, cooling covering the revenue growth of each sub-segment from 2021 to 2033.
Europe has been placing increasing emphasis on energy efficiency and sustainability in recent years. The demand for HVAC systems in the region is influenced by stringent regulations and initiatives aimed at reducing energy consumption and lowering greenhouse gas emissions.
For instance, the European Union (EU) has implemented directives and standards to promote the use of energy-efficient HVAC systems, encouraging both residential and commercial sectors to adopt environmentally friendly solutions.
Furthermore, the growing demand for housing in metropolitan areas, rising infrastructure development activities, and rapid modernization & repair of buildings to improve their energy efficiency are expected to contribute to the expansion of the construction sector in Europe.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hvac systems market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hvac systems market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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