Get a free sample of Heating and Cooling Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Heating and Cooling Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Heating and Cooling Market Share
Daikin is a global leader in the global market, holding a significant share due to its innovative technologies and extensive product range. The company offers air conditioning, heating, ventilation, and refrigeration solutions, catering to residential, commercial, and industrial sectors worldwide. Daikin's market presence is strengthened by its focus on energy efficiency and sustainability, making it a key player in the HVAC industry.
Heating and Cooling Market Companies
Some of the key market players operating across the heating and cooling industry are:
- Daikin
- Danfoss
- Empower
- Engie
- Fortum
- Goodman Manufacturing Company
- Haier Group
- Johnson Controls
- Lennox International Inc.
- Mitsubishi Electric Corporation
- Rheem Manufacturing Company
- SNC Lavalin
- Siemens
- Trane
- Veolia
Why is the demand for heating and cooling rising in residential sector?
The residential segment in the heating and cooling market is projected to record 4% CAGR through 2032, driven by increasing consumer demand for energy-efficient and eco-friendly HVAC (heating, ventilation, and air conditioning) systems.
What is the size of the heating and cooling industry?
Global industry size for heating and cooling was valued at USD 1.18 trillion in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032, driven by the increasing demand for energy-efficient HVAC solutions and the increasing global trends towards sustainability and regulatory compliance.
Who are the leading heating and cooling market players?
Daikin, Danfoss, Empower, Engie, Fortum, Goodman Manufacturing Company, Haier Group, Johnson Controls, and Lennox International Inc., among others.
How big is the Asia Pacific heating and cooling industry?
Asia Pacific is expected to reach USD 590 billion by 2032 due to advancements in energy-efficient technologies, and government initiatives promoting sustainable development.