This market brief provides a comprehensive overview of the global market for heating, ventilation and air conditioning (HVAC) equipment from a revenue perspective. It draws on the key findings of the first two editions of the HVAC equipment and services report. The first editions of the report were published in 2015 and the second in 2018.
The goal of this report is to provide an assessment of the market and to forecast the impact of significant trends in both residential and non-residential verticals through 2023. The report provides detailed estimates of market revenues for 2017 and 2018. Forecasts are then provided for calendar years 2019 to 2023. The report also estimates the market shares held by world leading suppliers of equipment in 2018.
The specification of this study was developed in conjunction with numerous HVAC equipment manufacturers, HVAC service providers, systems integrators, distributors, facility managers, and other companies that are active in the HVAC industry. This report focuses on key issues that are fundamental to an in-depth understanding of the current structure and future development of this market.