Commercial HVAC Market Research Report - Global Forecast till 2027

Commercial HVAC Market Research Report: Information by Heating Type (Heat Pump, Furnaces, Boilers and Unitary Heaters), by Ventilation Type (Humidifiers, Dehumidifiers, Air Purifiers, Ventilation Fans and Air Handling Units), by Cooling Equipment (Room Air Conditioners, Unitary Air Conditioners, Chiller, Coolers, Cooling Towers and VRF System), by Implementation Type (New Construction and Retrofit) and by Application (Large and Small Offices, Hospitals, Shopping Malls, Restaurants and others) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/E&P/6497-HCR | February 2021 | Region: Global | 111 pages

Commercial HVAC Market Scenario


Commercial HVAC Market is projected to be worth USD 142.97 billion by 2027, registering a CAGR of 6.86% during the forecast period (2021 - 2027), The market was valued at USD 97.31 billion in 2020.


The major factors driving the growth of the global commercial HVAC market includes the rising number of data centers, increasing demand for HVAC system to reduce energy consumption, and government tax and rebate programs. Moreover, factors such as growing population in urban areas and rising disposable per capita income are driving the growth of the global commercial HVAC equipment market.


Key Players


The key players operating in the global commercial HVAC market are United Technologies Corporation (US), Mitsubishi Corporation (Japan), Samsung Electronics Co., Ltd (South Korea), Daikin Industries Ltd (Japan), Haier Electronics Group Co. Ltd (China), Ingersoll Rand (Ireland), Johnson Controls (US), Farina Corporation (US), Edison Heating and Cooling (US), Lennox International Inc. (US), Rheem Manufacturing Company (US), AAON (US), Panasonic (Japan), Hitachi, Ltd. (Japan), and Danfoss (Denmark).  


Key players in the commercial HVAC market, such as Mitsubishi Corporation and Samsung, supply commercial HVAC systems to commercial complexes. Moreover, there are various projects initiated by the US Department of Energy (DOE) for developing technologies to make energy more affordable. For instance, in April 2019, DOE announced the Buildings Energy Efficiency Frontiers & Innovation Technologies (BENEFIT) 2019 Funding Opportunity (FOA) for up to USD 47 million for innovative technologies to supply low cost energy.


A commercial HVAC system is designed to control the heating and cooling in commercial buildings. It also helps filter and clean the indoor air to maintain humidity levels. HVAC stands for heating, ventilating, and air-conditioning. A commercial HVAC system is larger compared to the ones used in the residential sector. A commercial HVAC system has components such as thermostats, dampers, condenser fans, compressors, evaporators, and blowers. Majorly, there are three categories of commercial HVAC systems, namely, single split systems, multi split systems, and VRF and VRV systems. A single split system is an affordable and appropriate system for buildings with small offices, server rooms, shops, and restaurants.


The global commercial HVAC market has been segmented based on heating equipment, ventilation equipment, cooling equipment, implementation type, application, and region. On the basis of heating equipment, the global market is classified into heat pumps, furnaces, boilers, and unitary heaters. Heat pump segment is expected to be the fastest growing segment in the global market. A heat pump helps transfer heat from one point to another. The market for heat pumps in HVAC systems is growing owing to the efficient heating and cooling functions, along with the ability to heat water. On the basis of ventilation equipment, the global commercial HVAC market is segmented into humidifiers, dehumidifiers, air purifiers, air filters, ventilation fans, and air handling units. On the basis of application, the global market is segmented into large and small offices, hospitals, shopping malls, restaurants, and others. The large and small offices segment is estimated to register the highest growth rate during the forecast period.  


The global commercial HVAC market is expected to grow at ~6.86% CAGR during the forecast period.


Market Segmentation  Commercial HVAC Market


The global commercial HVAC market is expected to witness substantial growth during the forecast period owing to the rising temperature due to global warming and the growing construction industry. According to India Brand Equity Foundation (IBEF), India plans to invest USD 777.73 billion in infrastructure development by 2022, which is expected to further drive the global commercial HVAC market.


On the basis of region, the global commercial HVAC market is segmented into Asia-Pacific, North America, Europe, and the rest of the world. Asia-Pacific holds the largest share in the commercial HVAC market due to the increase in urbanization and government initiatives to ensure that energy-efficient HVAC systems are installed in newly constructed office buildings. Similarly, the growing industrialization and commercial construction in countries such as India, Australia, and Indonesia would drive the growth of commercial HVAC market in Asia-Pacific. Moreover, North America is expected to be the second-largest market for the commercial HVAC industry. The US is expected to dominate the market in North America, owing to the rising average construction spending and use of energy-efficient cooling systems.


Intended Audience



  • Commercial HVAC manufacturers and distributors

  • HVAC suppliers

  • Government and research organizations

  • Consulting companies in the power industry

  • Investors and shareholders



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 142.97 billion
  CAGR   6.86% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Heating Type, Ventilation Type, Cooling Equipment, Implementation Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   United Technologies Corporation (US), Mitsubishi Corporation (Japan), Samsung Electronics Co., Ltd (South Korea), Daikin Industries Ltd (Japan), Haier Electronics Group Co. Ltd (China), Ingersoll Rand (Ireland), Johnson Controls (US), Farina Corporation (US), Edison Heating and Cooling (US), Lennox International Inc. (US), Rheem Manufacturing Company (US), AAON (US), Panasonic (Japan), Hitachi, Ltd. (Japan), and Danfoss (Denmark)
  Key Market Opportunities

  • Innovative technologies to supply low cost energy
  • Developing technologies to make energy more affordable
  •   Key Market Drivers

  • Rising number of data centers
  • Increasing demand for HVAC system to reduce energy consumption
  • Government tax and rebate programs
  • Growing population in urban areas
  • Rising disposable per capita income


  • Frequently Asked Questions (FAQ) :


    The market will be valuating with USD 142.97 billion by 2027.

    The market is to grow from 2020 to 2027.

    The market is going to gain a CAGR of 6.86%.

    Mitsubishi Corporation (Japan), United Technologies Corporation (US), Daikin Industries Ltd (Japan), Samsung Electronics Co., Ltd (South Korea), Haier Electronics Group Co. Ltd (China) are the key companies of the market.

    Asia-Pacific has the largest share in the commercial HVAC market.

    Table of Contents

    1 Executive Summary

    2 Market Introduction

    2.1 Market Definition

    2.2 Scope of the Study

    2.3 Market Structure

    3 Research Methodology

    3.1 Primary Research

    3.2 Secondary Research

    3.3 Market Size Estimation

    3.4 Forecast Model

    3.5 List of Assumptions

    3.6 Limitations of the Study

    4 Market Insights

    5 Market Dynamics

    5.1 Introduction

    5.2 Market Drivers

    5.3 Market Restraints

    5.4 Market Opportunities

    5.5 Porter’s Five Forces Analysis

    5.5.1 Threat of New Entrants

    5.5.2 Bargaining Power of Buyers

    5.5.3 Bargaining Power of Suppliers

    5.5.4 Threat of Substitutes

    5.5.5 Intensity of Rivalry

    5.6 Value Chain/Supply Chain Analysis

    6 Global Commercial HVAC Market, by Heating Equipment

    6.1 Introduction

    6.2 Heat Pump

    6.2.1 Market Estimates & Forecast, 2020-2027

    6.2.2 Market Estimates & Forecast, by Region, 2020-2027

    6.3 Furnaces

    6.3.1 Market Estimates & Forecast, 2020-2027

    6.3.2 Market Estimates & Forecast, by Region, 2020-2027

    6.4 Boilers

    6.4.1 Market Estimates & Forecast, 2020-2027

    6.4.2 Market Estimates & Forecast, by Region, 2020-2027

    6.5 Unitary Heaters

    6.5.1 Market Estimates & Forecast, 2020-2027

    6.5.2 Market Estimates & Forecast, by Region, 2020-2027

    7 Global Commercial HVAC Market, by Ventilation Equipment

    7.1 Introduction

    7.2 Humidifiers

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast, by Region, 2020-2027

    7.3 Dehumidifiers

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast, by Region, 2020-2027

    7.4 Air Purifiers

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast, by Region, 2020-2027

    7.5 Air Filters

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.5.2 Market Estimates & Forecast, by Region, 2020-2027

    7.6 Ventilation Fans

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.6.2 Market Estimates & Forecast, by Region, 2020-2027

    7.7 Air Handling Units

    7.7.1 Market Estimates & Forecast, 2020-2027

    7.7.2 Market Estimates & Forecast, by Region, 2020-2027

    8 Global Commercial HVAC Market, by Cooling Equipment

    8.1 Introduction

    8.2 Room Air Conditioners

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast, by Region, 2020-2027

    8.3 Unitary Air Conditioners

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast, by Region, 2020-2027

    8.4 Chillers

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast, by Region, 2020-2027

    8.5 Coolers

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast, by Region, 2020-2027

    8.6 Cooling Towers

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast, by Region, 2020-2027

    8.7 VRF Systems

    8.7.1 Market Estimates & Forecast, 2020-2027

    8.7.2 Market Estimates & Forecast, by Region, 2020-2027

    9 Global Commercial HVAC Market, by Implementation Type

    9.1 Introduction

    9.2 New Construction

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast, by Region, 2020-2027

    9.3 Retrofit

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast, by Region, 2020-2027

    10 Global Commercial HVAC Market, by Application

    10.1 Introduction

    10.2 Large and Small Offices

    10.2.1 Market Estimates & Forecast, 2020-2027

    10.2.2 Market Estimates & Forecast, by Region, 2020-2027

    10.3 Hospitals

    10.3.1 Market Estimates & Forecast, 2020-2027

    10.3.2 Market Estimates & Forecast, by Region, 2020-2027

    10.4 Shopping Malls

    10.4.1 Market Estimates & Forecast, 2020-2027

    10.4.2 Market Estimates & Forecast, by Region, 2020-2027

    10.5 Restaurants

    10.5.1 Market Estimates & Forecast, 2020-2027

    10.5.2 Market Estimates & Forecast, by Region, 2020-2027

    10.6 Others

    10.6.1 Market Estimates & Forecast, 2020-2027

    10.6.2 Market Estimates & Forecast, by Region, 2020-2027

    11 Global Commercial HVAC Market, by Region

    11.1 Introduction

    11.2 North America

    11.2.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.2.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.2.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.2.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.2.5 Market Estimates & Forecast, by Application, 2020-2027

    11.2.6 Market Estimates & Forecast, by Country, 2020-2027

    11.2.7 US

    11.2.7.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.2.7.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.2.7.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.2.7.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.2.7.5 Market Estimates & Forecast, by Application, 2020-2027

    11.2.8 Canada

    11.2.8.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.2.8.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.2.8.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.2.8.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.2.8.5 Market Estimates & Forecast, by Application, 2020-2027

    11.2.9 Mexico

    11.2.9.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.2.9.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.2.9.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.2.9.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.2.9.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3 Europe

    11.3.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3.6 Market Estimates & Forecast, by Country, 2020-2027

    11.3.7 Germany

    11.3.7.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.7.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.7.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.7.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.7.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3.8 UK

    11.3.8.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.8.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.8.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.8.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.8.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3.9 Spain

    11.3.9.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.9.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.9.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.9.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.9.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3.10 Italy

    11.3.10.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.10.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.10.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.10.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.10.5 Market Estimates & Forecast, by Application, 2020-2027

    11.3.11 Rest of Europe

    11.3.11.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.3.11.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.3.11.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.3.11.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.3.11.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4 Asia-Pacific

    11.4.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4.6 Market Estimates & Forecast, by Country, 2020-2027

    11.4.7 China

    11.4.7.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.7.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.7.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.7.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.7.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4.8 Japan

    11.4.8.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.8.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.8.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.8.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.8.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4.9 India

    11.4.9.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.9.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.9.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.9.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.9.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4.10 Australia

    11.4.10.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.10.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.10.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.10.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.10.5 Market Estimates & Forecast, by Application, 2020-2027

    11.4.11 Rest of Asia-Pacific

    11.4.11.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.4.11.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.4.11.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.4.11.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.4.11.5 Market Estimates & Forecast, by Application, 2020-2027

    11.5 Rest of the World

    11.5.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.5.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.5.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.5.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.5.5 Market Estimates & Forecast, by Application, 2020-2027

    11.5.6 Market Estimates & Forecast, by Country, 2020-2027

    11.5.7 Middle East

    11.5.7.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.5.7.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.5.7.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.5.7.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.5.7.5 Market Estimates & Forecast, by Application, 2020-2027

    11.5.8 South America

    11.5.8.1 Market Estimates & Forecast, by Heating Equipment, 2020-2027

    11.5.8.2 Market Estimates & Forecast, by Ventilation Equipment, 2020-2027

    11.5.8.3 Market Estimates & Forecast, by Cooling Equipment, 2020-2027

    11.5.8.4 Market Estimates & Forecast, by Implementation Type, 2020-2027

    11.5.8.5 Market Estimates & Forecast, by Application, 2020-2027

    12 Competitive Landscape

    12.1 Competitive Scenario

    12.2 Competitive Benchmarking of the Global Commercial HVAC Market

    12.3 Major Growth Key Strategies in the Global Commercial HVAC Market

    12.4 Market Share Analysis: Global Commercial HVAC Market

    12.5 Eaton: The Leading Player in Terms of Number of Developments in Global Commercial HVAC Market

    12.6 Product Developments in the Global Commercial HVAC Market

    12.7 Mergers and Acquisitions in the Global Commercial HVAC Market

    12.8 Contracts and Agreements in the Global Commercial HVAC Market

    12.9 Expansions and Investments in the Global Commercial HVAC Market

    13 Company Profile

    13.1 United Technologies Corporation (US)

    13.1.1 Company Overview

    13.1.2 Products/Services Offered

    13.1.3 Financial Overview

    13.1.4 Key Developments

    13.1.5 Key Strategies

    13.1.6 SWOT Analysis

    13.2 Mitsubishi Corporation (Japan)

    13.2.1 Company Overview

    13.2.2 Products/Services Offered

    13.2.3 Financial Overview

    13.2.4 Key Developments

    13.2.5 Key Strategies

    13.2.6 SWOT Analysis

    13.3 Samsung Electronics Co., Ltd (South Korea)

    13.3.1 Company Overview

    13.3.2 Products/Services Offered

    13.3.3 Financial Overview

    13.3.4 Key Developments

    13.3.5 Key Strategies

    13.3.6 SWOT Analysis

    13.4 Daikin Industries Ltd (Japan)

    13.4.1 Company Overview

    13.4.2 Products/Services Offered

    13.4.3 Financial Overview

    13.4.4 Key Developments

    13.4.5 Key Strategies

    13.4.6 SWOT Analysis

    13.5 Haier Electronics Group Co. Ltd (China)

    13.5.1 Company Overview

    13.5.2 Products/Services Offered

    13.5.3 Financial Overview

    13.5.4 Key Developments

    13.5.5 Key Strategies

    13.5.6 SWOT Analysis

    13.6 Ingersoll Rand (Ireland)

    13.6.1 Company Overview

    13.6.2 Product/Services Offered

    13.6.3 Financial Overview

    13.6.4 Key Developments

    13.6.5 Key Strategies

    13.6.6 SWOT Analysis

    13.7 Johnson Controls (US)

    13.7.1 Company Overview

    13.7.2 Products/Services Offered

    13.7.3 Financial Overview

    13.7.4 Key Developments

    13.7.5 Key Strategies

    13.7.6 SWOT Analysis

    13.8 Farina Corporation (US)

    13.8.1 Company Overview

    13.8.2 Products/Services Offered

    13.8.3 Financial Overview

    13.8.4 Key Developments

    13.8.5 Key Strategies

    13.8.6 SWOT Analysis

    13.9 Edison Heating and Cooling (US)

    13.9.1 Company Overview

    13.9.2 Products/Services Offered

    13.9.3 Financial Overview

    13.9.4 Key Developments

    13.9.5 Key Strategies

    13.9.6 SWOT Analysis

    13.10 Lennox International Inc (US)

    13.10.1 Company Overview

    13.10.2 Products/Services Offered

    13.10.3 Financial Overview

    13.10.4 Key Developments

    13.10.5 Key Strategies

    13.10.6 SWOT Analysis

    13.11 Rheem Manufacturing Company (US)

    13.11.1 Company Overview

    13.11.2 Products/Services Offered

    13.11.3 Financial Overview

    13.11.4 Key Developments

    13.11.5 Key Strategies

    13.11.6 SWOT Analysis

    13.12 AAON (US)

    13.12.1 Company Overview

    13.12.2 Products/Services Offered

    13.12.3 Financial Overview

    13.12.4 Key Developments

    13.12.5 Key Strategies

    13.12.6 SWOT Analysis

    13.13 Panasonic (Japan)

    13.13.1 Company Overview

    13.13.2 Products/Services Offered

    13.13.3 Financial Overview

    13.13.4 Key Developments

    13.13.5 Key Strategies

    13.13.6 SWOT Analysis

    13.14 Hitachi, Ltd. (Japan)

    13.14.1 Company Overview

    13.14.2 Products/Services Offered

    13.14.3 Financial Overview

    13.14.4 Key Developments

    13.14.5 Key Strategies

    13.14.6 SWOT Analysis

    13.15 Danfoss (Denmark)

    13.15.1 Company Overview

    13.15.2 Products/Services Offered

    13.15.3 Financial Overview

    13.15.4 Key Developments

    13.15.5 Key Strategies

    13.15.6 SWOT Analysis


    List of Tables

    Table 1 Global Commercial HVAC Market, by Region, 2020-2027 (USD Million)

    Table 2 North America: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 3 Europe: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 4 Asia-Pacific: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 5 Rest of the World: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 7 Global Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 8 North America: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 9 Europe: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 10 Asia-Pacific: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 11 Rest of the World: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 12 Global Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 13 North America: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 14 Europe: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 15 Asia-Pacific: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 16 Rest of the World: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 17 Global Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 18 North America: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 19 Europe: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 20 Asia-Pacific: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 21 Rest of the World: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 22 Global Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 23 North America: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 24 Europe: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 25 Asia-Pacific: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 26 Rest of the World: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 27 Global Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 28 North America: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 29 Europe: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 30 Asia-Pacific: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 31 Rest of the World: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 32 Global Commercial HVAC Market: by Region, 2020-2027 (USD Million)

    Table 33 North America: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 34 North America: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 35 North America: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 36 North America: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 37 North America: Commercial HVAC Market, by Implementation, 2020-2027 (USD Million)

    Table 38 North America: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 39 US: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 40 US: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 41 US: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 42 US: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 43 US: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 44 Canada: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 45 Canada: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 46 Canada: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 47 Canada: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 48 Canada: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 49 Mexico: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 50 Mexico: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 51 Mexico: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 52 Mexico: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 53 Mexico: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 54 Europe: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 55 Europe: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 56 Europe: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 57 Europe: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 58 Europe: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 59 Europe: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 60 Germany: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 61 Germany: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 62 Germany: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 63 Germany: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 64 Germany: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 65 UK: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 66 UK: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 67 UK: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 68 UK: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 69 UK: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 70 Spain: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 71 Spain: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 72 Spain: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 73 Spain: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 74 Spain: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 75 Italy: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 76 Italy: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 77 Italy: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 78 Italy: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 79 Italy: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 80 Rest of Europe: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 81 Rest of Europe: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 82 Rest of Europe: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 83 Rest of Europe: Commercial HVAC Market, by Implementation Type 2020-2027 (USD Million)

    Table 84 Rest of Europe: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 85 Asia-Pacific: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 86 Asia-Pacific: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 87 Asia-Pacific: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 88 Asia-Pacific: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 89 Asia-Pacific: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 90 Asia-Pacific: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 91 China: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 92 China: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 93 China: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 94 China: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 95 China: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 96 Japan: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 97 Japan: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 98 Japan: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 99 Japan: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 100 Japan: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 101 India: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 102 India: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 103 India: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 104 India: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 105 India: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 106 Australia: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 107 Australia: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 108 Australia: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 109 Australia: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 110 Australia: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 111 Rest of Asia-Pacific: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 112 Rest of Asia-Pacific: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 113 Rest of Asia-Pacific: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 114 Rest of Asia-Pacific: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 115 Rest of Asia-Pacific: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 116 Rest of the World: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    Table 117 Rest of the World: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 118 Rest of the World: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 119 Rest of the World: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 120 Rest of the World: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 121 Rest of the World: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 122 Middle East & Africa: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 123 Middle East & Africa: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 124 Middle East & Africa: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 125 Middle East & Africa: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 126 Middle East & Africa: Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    Table 127 South America: Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    Table 128 South America: Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    Table 129 South America: Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    Table 130 South America: Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    Table 131 South America: Commercial HVAC Market, by Application, 2020-2027 (USD Million)


    List of Figures

    FIGURE 1 Research Process of MRFR

    FIGURE 2 Top-Down and Bottom-Up Approach

    FIGURE 3 Market Dynamics

    FIGURE 4 Impact Analysis: Market Drivers

    FIGURE 5 Impact Analysis: Market Restraints

    FIGURE 6 Porter’s Five Forces Analysis

    FIGURE 7 Value Chain Analysis

    FIGURE 8 Global Commercial HVAC Market Share, by Heating Equipment, 2020 (%)

    FIGURE 9 Global Commercial HVAC Market, by Heating Equipment, 2020-2027 (USD Million)

    FIGURE 10 Global Commercial HVAC Market Share, by Ventilation Equipment, 2020 (%)

    FIGURE 11 Global Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    FIGURE 12 Global Commercial HVAC Market Share, by Ventilation Equipment, 2020 (%)

    FIGURE 13 Global Commercial HVAC Market, by Ventilation Equipment, 2020-2027 (USD Million)

    FIGURE 14 Global Commercial HVAC Market Share, by Cooling Equipment, 2020 (%)

    FIGURE 15 Global Commercial HVAC Market, by Cooling Equipment, 2020-2027 (USD Million)

    FIGURE 16 Global Commercial HVAC Market Share, by Implementation Type, 2020 (%)

    FIGURE 17 Global Commercial HVAC Market, by Implementation Type, 2020-2027 (USD Million)

    FIGURE 18 Global Commercial HVAC Market Share, by Application, 2020 (%)

    FIGURE 19 Global Commercial HVAC Market, by Application, 2020-2027 (USD Million)

    FIGURE 20 Global Commercial HVAC MARKET Share (%), By Region, 2020

    FIGURE 21 Global Commercial HVAC Market, by Region, 2020-2027 (USD Million)

    FIGURE 22 North America: Commercial HVAC Market Share (%), 2020

    FIGURE 23 North America: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    FIGURE 24 Europe: Commercial HVAC Market Share (%), 2020

    FIGURE 25 Europe: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    FIGURE 26 Asia-Pacific: Commercial HVAC Market Share (%), 2020

    FIGURE 27 Asia-Pacific: Commercial HVAC Market, by Country, 2020-2027 (USD Million)

    FIGURE 28 Rest of The World: Commercial HVAC Market Share (%), 2020

    FIGURE 29 Rest of The World: Commercial HVAC Market, by Region, 2020-2027 (USD Million)