Industrial HVAC Market Records a CAGR of 6.40%

The Industrial HVAC market report provides holistic update, market size and forecast, trends, growth drivers and challenges as well as vendor analysis. The increasing demand for energy-efficient HVAC systems, strict regulations for the use of explosion-proof HVAC equipment in hazardous environments and the increasing adoption of cleanrooms across all industries are expected to positively impact the growth of the industrial HVAC market during the forecast period.

Technavio analyzes the market by end user (process industry and discrete industry) and geography (APAC, Europe, North America, South Americaand MEA). This report provides a detailed view of the market through the study, synthesis and summation of data from multiple sources through an analysis of key parameters

The industrial HVAC market includes the following areas:

Named companies

  • Alfa Laval AB
  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Ingersoll Rand Inc.
  • Johnson Controls International Plc
  • Mitsubishi Electric Corp.
  • Robert Bosch GMBH
  • Samsung Electronics Co. Ltd.

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HVAC Equipment Market –The market size of HVAC equipment will grow to: $41.82 billion at a CAGR of 6.15% in 2021-2025. Download a free sample report now!

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Industrial HVAC Market Size

Reporting coverage


page number


Base year


Forecast Period


Growth momentum & CAGR

Slow down at a CAGR of 6.40%

Market growth 2021-2025

USD 3.97 billion

Market structure


YoY Growth (%)


Regional analysis

APAC, Europe, North America, South America and MEA

Performing Market Contribution

APAC at 54%

Main consumer countries

China, USA, Germany, UK and Japan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled companies

Alfa Laval AB, Carrier Global Corp., Daikin Industries Ltd., Hitachi Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., Robert Bosch GmbH and Samsung Electronics Co. Ltd.

Market dynamics

Parent market analysis, Inductors and obstacles to market growth, High-growth and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, analysis of market conditions for the forecast period,

Adjustment Range

If our report doesn’t provide the data you’re looking for, you can contact our analysts and have segments tailored.

About us
Technavio is a leading global technology research and consultancy company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

Technological research
Jesse Maida
Media & Marketing Executive
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]

SOURCE Technavio

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