Industrial HVAC Market: APAC to Occupy 54% Market Share|Process Industry Segment to be Significant for Revenue Generation | Technavio

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NEW YORK, July 5, 2022 /PRNewswire/ -- The industrial HVAC market is set to grow by USD 3.96 billion from 2020 to 2025. However, the growth momentum is likely to decelerate at a  CAGR of 6.4% according to the latest market forecast report. Technavio categorizes the industrial HVAC market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial HVAC market during the forecast period.

Technavio has announced its latest market research report titled Global Industrial HVAC Market 2021-2025
Technavio has announced its latest market research report titled Global Industrial HVAC Market 2021-2025

For more highlights on the parent market analysis - Request a sample report.

Industrial HVAC Market 2021-2025: Scope

Our industrial HVAC market report covers the following areas:

Industrial HVAC Market 2021-2025: Segmentation Analysis

  • End-user

  • Geography

Industrial HVAC Market 2021-2025:  Revenue Generating Segment

  • The industrial HVAC market share growth by the process industry segment will be significant for revenue generation.

  • The process industry segment holds a dominating share in the global industrial HVAC market.

  • The growing awareness among end-users about energy efficiency and environmental sustainability has increased the demand for energy-efficient industrial HVAC systems in the process industry.

Industrial HVAC Market 2021-2025:  Regional Analysis

  • 54% of the market's growth will originate from APAC during the forecast period.

  • China and Japan are the key markets for the industrial HVAC market in APAC.

  • The growing population, improving per capita income of people, and rapid industrialization will facilitate the industrial HVAC market growth in APAC over the forecast period.

To know about the market contribution of each segment - Request a sample report!

Industrial HVAC Market 2021-2025: Vendor Analysis

The industrial HVAC market is fragmented and the vendors are deploying growth strategies such as following standard specifications to make the installation of industrial HVAC systems easy to compete in the market. 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. are some of the major market participants.

  • For instance  - Alfa Laval AB, the company offers HVAC solutions such as AlfaNova AlfaQ and others.

  • To know about all major vendor offerings - Grab a sample now!

Industrial HVAC Market 2021-2025: Market Dynamics

  • Drivers: The increasing demand for energy-efficient HVAC systems, stringent regulations for use of explosion-proof HVAC equipment in hazardous environments & growing adoption of cleanrooms across industries will offer immense growth opportunities.

  • Challenges: The major challenge impeding the industrial HVAC market growth is the high market competition.

  • For detailed information on the market dynamics - Click Now!

Get ready to achieve excellent business outcomes from this exclusive Industrial HVAC Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?

  • What is the current trend taking place in the market space?

  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?

  • What are market drivers, restraints, and challenges impacting demand & growth of the market?

  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Industrial HVAC Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Industrial HVAC Market Forecast Report -  Buy Now!

Related Reports:

  • The industrial PC market share is expected to increase by USD 1.42 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6%.

  • The industrial gases market has the potential to grow by USD 28.22 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.77%.

Industrial HVAC Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Decelerate at a CAGR of 6.4%

Market growth 2021-2025

USD 3.96 billion

Market structure


YoY growth (%)


Performing market contribution

APAC at 54%

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.

Table Of Contents :

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem

  • 2.2 Value chain analysis

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2020

  • 3.4 Market outlook: Forecast for 2020 - 2025

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by End-user

  • 5.1 Market segments

  • 5.2 Comparison by End-user

  • 5.3 Process industry - Market size and forecast 2020-2025

  • 5.4 Discrete industry - Market size and forecast 2020-2025

  • 5.5 Market opportunity by End-user

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 APAC - Market size and forecast 2020-2025

  • 7.4 Europe - Market size and forecast 2020-2025

  • 7.5 North America - Market size and forecast 2020-2025

  • 7.6 South America - Market size and forecast 2020-2025

  • 7.7 MEA - Market size and forecast 2020-2025

  • 7.8 Key leading countries

  • 7.9 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Landscape disruption

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 Alfa Laval AB

  • 10.4 Carrier Global Corp.

  • 10.5 Daikin Industries Ltd.

  • 10.6 Hitachi Ltd.

  • 10.7 Honeywell International Inc.

  • 10.8 Ingersoll Rand Inc.

  • 10.9 Johnson Controls International Plc

  • 10.10 Mitsubishi Electric Corp.

  • 10.11 Robert Bosch GmbH

  • 10.12 Samsung Electronics Co. Ltd.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Currency conversion rates for US$

  • 11.3 Research methodology

  • 11.4 List of abbreviations

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