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A Complete Guide to HVAC Systems & Solutions | Commercial Air Conditioners

06-02-2025 08:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

A Complete Guide to HVAC Systems & Solutions | Commercial Air

The commercial HVAC market size was valued at US$ 79.30 billion in 2024 and is expected to reach US$ 136.44 billion by 2031; it is estimated to register a CAGR of 8.2% during 2025-2031. The growing requirement for smart HVAC systems and the rising demand for HVAC as a service are likely to remain key market trends.

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The growing number of commercial construction projects worldwide is one of the main factors fueling the growth of the commercial HVAC market. Various countries across the world have different commercial construction projects, such as office construction, airport construction, and mall construction. For instance, in Q4 of 2024, the construction of the N3-5 project was started. The project involves the construction of a 13-story office building in Japan. The project is forecasted to be completed in Q4 2026. In addition, as per Copernicus, 2024 was the warmest year in a global temperature record spanning many datasets dating back to 1850. Thus, the rising temperature and weather conditions worldwide are increasing the demand for HVAC systems. Also, the strict laws and regulations by the governments of various countries, particularly regarding the use of refrigerants, are propelling the demand for eco-friendly and smart HVAC systems.

key company profiles -

Schneider Electric SE
Carrier Global Corp
Daikin Industries Ltd
Honeywell International Inc
Johnson Controls International Plc
Danfoss AS
Lennox International Inc
LG Electronics Inc
Mitsubishi Electric Corp
Samsung Electronics Co Ltd

Contact Us: If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876 "

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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