HVAC Equipment Manufacturing Market
HVAC Equipment Manufacturing Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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HVAC Equipment Manufacturing Market Size and Growth
The HVAC Equipment Manufacturing market research reports indicate a steady growth in market conditions, with increased demand for energy-efficient products driving the industry. The market size for HVAC Equipment Manufacturing is estimated to be $93.4 billion globally, with a projected CAGR of 4.5% over the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ Panasonic Corp.
◍ Daikin Industries Ltd.
◍ Johnson Controls, Inc.
◍ Ingersoll Rand PLC.
◍ Whirlpool Corp.
◍ Samsung Electronics Co.
◍ Honeywell International
◍ Emerson Electric Co.
◍ LG Electronics
◍ Mitsubishi Electric Corp
The HVAC Equipment Manufacturing Market is highly competitive with key players such as Panasonic Corp., Daikin Industries Ltd., Johnson Controls, Inc., Ingersoll Rand PLC., Whirlpool Corp., Samsung Electronics Co., Honeywell International, Emerson Electric Co., LG Electronics, and Mitsubishi Electric Corp dominating the market. These companies use innovative technology, energy-efficient products, and strategic partnerships to grow the market and cater to various customer needs.
- Panasonic Corp. sales revenue: $72.6 billion
- Daikin Industries Ltd. sales revenue: $20.3 billion
- Johnson Controls, Inc. sales revenue: $22.8 billion
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Market Segmentation
◍ Non-Residential
◍ Residential
◍
By
Furnace
Heat Pump
Central Air Conditioning
By Application
Product ◍
◍
◍
Room Air Conditioning
◍ Others
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Market Growth
$ 43.01 Billion
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