Industrial HVAC Market Records a CAGR of 6.40% | 17000+ Technavio Reports


The report on the industrial HVAC market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The increasing demand for energy-efficient HVAC systems, stringent regulations for use of explosion-proof HVAC equipment in hazardous environments, and the growing adoption of cleanrooms across industries is expected to have a positive impact on 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 America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The industrial HVAC market covers the following areas:

Companies Mentioned

  • 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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Industrial HVAC Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Decelerate 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%

Key consumer countries

China, US, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]

SOURCE Technavio

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