U.S. HVAC MARKET SIZE TO CROSS USD 37 BILLION BY 2025, GROWING AT A CAGR OF 4% DURING THE FORECAST PERIOD

U.S. HVAC Market Size, Share, Trends Analysis Report by Equipment (Air Conditioning (RAC, CAC, and Heat Exchangers, and Others), Ventilation (Air Handling Units, Air Filters, Humidifiers and Dehumidifiers, Fan Coil Units, and Others), Heating (Furnace, Heat Pump, Boiler Units and Others)), Application (Residential and Commercial (Office Space, Airports & Public Spaces, Hospitality, Healthcare Facilities, and Industrial & Others), and Geography (US), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2025

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207 Pages

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38 Tables

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64 Charts

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4 Regions

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1 Countries

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21 Companies

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3 Market Segment

U.S. HVAC MARKET REPORT SCOPE

Report Attribute Details
Market Size (REVENUE) USD 37 BILLION (2025)
CAGR 4% (2020-2025)
Base Year 2019
Forecast Year 2020-2025
Market Segments Equipment (Air Conditioning (RAC, CAC, Chillers, Heat Exchangers, and Others), Ventilation (Air Handling Units, Air Filters, Humidifiers and Dehumidifiers, Fan Coil Units, and Others), Heating (Furnace, Heat Pump, Boiler Units and Others)), Application (Residential and Commercial (Office Space, Airports & Public Spaces, Hospitality, Healthcare Facilities, and Industrial & Others)
Geographic Analysis United States
Countries Covered South, West, North-East, and Mid-West United States

INDUSTRY INSIGHTS

Like the global air conditioners market, the U.S. HVAC market is undergoing tremendous modifications due to the increasing integration of IoT technology with HVAC products, which is making them smarter and more accessible. The emphasis on connecting several sensors within building ecosystems, including HVAC, has grown for achieving energy efficiency. HVAC systems are loaded with sensors that essentially “talk” with each other across several systems and are thereby truly intelligent. Digital sensors are increasingly replacing analog ones as the former can bring wiring costs considerably down through wireless communication and offer automatic reconfiguration advantage, hot-swap capabilities, and plug-and-play installation. Several key air-conditioners and heating equipment manufacturers have introduced smart applications with voice assistance features. Therefore, the increasing collaboration between IoT and HVAV technology offers high visibility into energy usage trends and helps to further improve and simplify operational efficiency, which is expected to augur well for the market growth.

SNIPPETS

  • The ventilation segment is expected to grow at the highest CAGR during the forecast period due to the increased importance of ventilation in the residential sector. 
  • In the commercial sector, the revenue of the airport & public space segment is projected to reach over $4 billion by 2025 on account of airport extension projects proposed by the US government. 
  • South US is likely to touch revenue figures of over $13 billion by 2025 because of the increased residential housing units in major states of Texas, Florida, Carolina, Arizona, and Oklahoma. 

U.S. HVAC MARKET SEGMENTATION

U.S. HVAC research report includes a detailed segmentation by

  • Equipment
  • Application
  • Geography   

INSIGHTS BY EQUIPMENT

The air conditioning segment is expected to reach a revenue share of over $23 billion by 2025. The US air conditioner market is characterized by domestic and globally established vendors. Although a majority of regions in the US are witnessing harsh winter climates throughout the year, the demand for air-conditioners is seasonal. Among the subsegments, the room air conditioning (RAC) segment is likely to contribute maximum revenue to the market. Over 60% households in the US have central ducted air-conditioning systems for whole home cooling, with Southern homes having a high concentration of central AC and North Eastern tending to have wall or window air conditioners. The segment is projected to observe steady revenue contributions from commercial air conditioners (CAC), chillers, and heat exchangers.   

The increase in heating equipment installations in residential and commercial buildings across the country is expected to drive the market during the forecast period. The residential consumption of heat pumps holds a major share in the sale’s volume of heating equipment owing to the rapid increasing construction of dwelling units. Manufacturers are increasing their key focus to increase their operation in retail service units to provide post purchase services. In terms of revenue, furnace, heat pumps, and boiler units are expected to influence the segment growth. 

The increased health awareness has led to growth in spend on ventilation products, particularly on the residential space, which is driving the revenue share of ventilation products. Several manufacturers in the ventilation equipment market are incorporating state-of-art technology to gain an upper hand in the cross competition with air-conditioners and heating equipment that are manufactured with inbuilt ventilation fans. A majority of ventilation equipment manufacturers is expected to increase the focus on products that can help to reduce the prevalence of pathogens.

INSIGHTS BY APPLICATION

The application segment of the U.S. HVAC market has severely hit since the outbreak of the COVID-19 pandemic. In Q2 2020, majority of construction projects in Northeast and Southern regions were affected with a high risk of lag in operations. Most projects had been shut down due to the unavailability of employees and construction supplies. However, a lot of states have returned to some degree of normalcy, particularly in Massachusetts, New York, Pennsylvania, New Jersey, Texas, and California, with several large-scale constructions resuming construction works post lockdown, the segment is expected to grow.  The pandemic brought more demand for residential products causing a spike as a high number of people stayed at homes.

The commercial segment has been disrupted worse than the residential market owing to the crisis in hospitality, retail, business, universities due to the cancellation or delayed construction. While the first few months recorded a smaller decline in demand, the reminder of the year is anticipated to get worse. The renewal of service agreements between HVAC contractors and customers is expected to be delayed, thereby estimating to affect the sale revenue for the HVAC market exponentially. Currently, there is a movement toward replacement demand as opposed to new builds. However, where construction is new and renovations wider in scope, buildings are largely designed for high performance and more rentable space, which means tighter building envelopes and efficiency in HVAC.

INSIGHTS BY GEOGRAPHY

The southern US recorded the largest sale of HVAC services and revenues in 2019. This can be mainly attributed to the fact that the cities and towns in the region experience a varying weather condition. The construction industry in south had experienced a major growth in residential and commercial units with a growth rate of over 6% in 2019, creating a high demand for efficient heating and cooling solutions in residential, industrial, and commercial buildings, according to the National Association of Home Builders. Therefore, the need for HVAC remains consistently high in this part of the country and all new single-family households in the region are built with CACs. The number of residential housing units has been increasing at a rapid pace in major states such as Texas, Florida, Carolina, Arizona, and Oklahoma.  Cities such as Atlanta, Georgia; Austin, Texas; Phoenix, Arizona are high-growth metros in terms of employment, households, and multifamily demand with highly active construction, showing a lot of potential for the market.  

INSIGHTS BY VENDORS

The U.S. HVAC market is highly competitive and characterized by a number of small and medium-scale players along with several established manufacturers. Majority of players in the US market are focusing in expanding customer base and business operations across the country. These established companies are leveraging on strategic collaborations and innovative initiatives in order to increase their profitability and market share. Companies operating in the US market have increasingly in recent years acquired start-ups to strengthen their product capabilities. In recent years, the HVAC market in US has moved toward smart technology and high level IoT integrations.

The U.S. HVAC market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments: 

By Equipment 

  • Air Conditioning 
    • RAC
    • CAC 
    • Chillers
    • Heat Exchangers 
    • Others
  • Ventilation
    • Air Handling Units 
    • Air Filters
    • Humidifiers and  Dehumidifiers 
    • Fan Coil Units
    • Others
  • Heating 
    • Furnace 
    • Heat Pump 
    • Boiler Units 
    • Others

By Application 

  • Residential 
  • Commercial 
    • Office Space
    • Airports & Public Spaces
    • Hospitality
    • Healthcare Facilities
    • Industrial & Others 

By Geography

  • US 
    • South
    • West 
    • North-East 
    • Mid-West 

 

Frequently Asked Questions

What is the HVAC market size and growth rate during the forecast period?

The U.S. HVAC market size to reach USD 37 billion by 2025, growing at a CAGR of close to 4% during the forecast period.

What are the factors affecting the growth of the U.S. HVAC market share?

Increased availability of Smart HVAC and changing climate emergencies and shifting weather patterns are expected to drive the demand for HVAC systems across the US during the forecast period.

What are the drivers, trends, and restraints in the U.S. HVAC market?

The following factors are likely to contribute to the growth of the U.S. HVAC market during the forecast period: Increasing Demand for Smart HVAC Growing Popularity of Annual Maintenance Contract Increasing End-user Applications Increasing Concerns for Energy Efficiency

Who are the leading vendors in the U.S. HVAC market, and what are their market shares?

The leading vendors in the US HVAC market are: Daikin, Lennox International, Mitsubishi Electric, Johnson Controls, Zehnder, Danfoss, Ingersoll Rand, Carrier, and Honeywell

What is the impact of the COVID-19 pandemic on the U.S. HVAC market share?

The United States is one of the adversely affected countries in terms of the number of infected patients and economic slowdown due to the COVID-19 pandemic. Therefore, several large established players in the market are experiencing high losses due to lag in the supply chain and shipment of products. Although a few states in the United States have managed to contain the spread of COVID-19, the impact on the U.S. HVAC market is expected to be felt as vendors depend on raw material procurement from neighboring countries.

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The U.S. HVAC market by revenue is expected to grow at a CAGR of close to 4% during the period 2019–2025. 

The following factors are likely to contribute to the growth of the U.S. HVAC market during the forecast period:

  • Smart HVAC becoming a New Norm 
  • Systems go Ductless
  • Renewed Focus on Comfort, Functionalities, and Health

Base Year:                  2019

Forecast Year:           2020–2025

The study considers the present scenario of the U.S. HVAC market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Prominent Vendors 

  • Daikin
    • Business Overview
    • Product Offerings 
    • Key Strengths 
    • Key Strategies 
    • Key Opportunities 
  • Carrier
  • Ingersoll Rand
  • Lennox International

Other Prominent Vendors 

  • Mitsubishi Electric
    • Business Overview
    • Key Strengths 
    • Key Strategies 
  • Johnson Controls
  • Danfoss
  • Honeywell
  • Rheem Manufacturing
  • Nortek Air Solutions
  • Fujitsu America
  • Dunham Bush
  • TCL
  • Camfil
  • Onda
  • Backer Springfield
  • Soler & Palau
  • Hitachi
  • Alfa Laval
  • LG Electronics
  • Zehnder

By Equipment 

  • Air Conditioning 
    • RAC
    • CAC 
    • Chillers
    • Heat Exchangers 
    • Others
  • Ventilation
    • Air Handling Units 
    • Air Filters, 
    • Humidifiers and  Dehumidifiers, 
    • Fan Coil Units
    • Others
  • Heating 
    • Furnace 
    • Heat Pump 
    • Boiler Units 
    • Others

By APpplication

  • Residential 
  • Commercial 
    • Office Space
    • Airports & Public Spaces
    • Hospitality
    • Healthcare Facilities
    • Industrial & Others 

By Geography

  • United States
    • South
    • West 
    • North East 
    • Mid West 

 

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope Of The Study

4.3.1 Market Segmentation by Equipment

4.3.2 Market Segmentation by Application

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

7.2 COVID-19 Impact

7.2.1 Construction Industry

8 Market Opportunities & Trends

8.1 Smart HVAC Becoming the New Norm

8.2 Systems Go Ductless

8.3 Zoning into Zoning

8.4 Conducive Environment for Contractors

9 Market Growth Enablers

9.1 Energy Economy Spawns Upgrades

9.2 Renewed Focus on Comfort, Functionality, and Health

9.3 Home Improvement Cycles and Housing Boom

9.4 Climbing Climate Emergencies and Shifting weather patterns

10 Market Restraints

10.1 Phasedowns, Standards, and Regulations in Constant Flux

10.2 Intractable Data Security Issues

10.3 Inadequate Workforce

10.4 Lack of Sufficient Disruption

11 Market Landscape

11.1 Market Overview

11.2 Market Size & Forecast

11.3 Five Forces Analysis

11.3.1 Threat of New Entrants

11.3.2 Bargaining Power of Suppliers

11.3.3 Bargaining Power of Buyers

11.3.4 Threat of Substitutes

11.3.5 Competitive Rivalry

12 Equipment

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

13 Air Conditioning

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.2.1 Market Size & Forecast

13.3 RAC

13.3.1 Market Size & Forecast

13.4 CAC

13.4.1 Market Size & Forecast

13.5 Chillers

13.5.1 Market Size & Forecast

13.6 Heat Exchangers

13.6.1 Market Size & Forecast

13.7 Others

13.7.1 Market Size & Forecast

14 Heating

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.2.1 Market Size & Forecast

14.3 FURNACE

14.3.1 Market Size & Forecast

14.4 HEAT PUMP

14.4.1 Market Size & Forecast

14.5 BOILER UNITS

14.5.1 Market Size & Forecast

14.6 OTHERS

14.6.1 Market Size & Forecast

15 Ventilation

15.1 Market Snapshot & Growth Engine

15.2 Market Overview

15.2.1 Market Size & Forecast

15.3 Air Handling Units

15.3.1 Market Size & Forecast

15.4 Air Filters

15.4.1 Market Size & Forecast

15.5 Humidifiers And Dehumidifiers

15.5.1 Market Size & Forecast

15.6 Fan Coil Units

15.6.1 Market Size & Forecast

15.7 Others

15.7.1 Market Size & Forecast

16 Application

16.1 Market Snapshot & Growth Engine

16.2 Market Overview

17 Residential

17.1 Market Size & Forecast

18 Commercial

18.1 Market Snapshot & Growth Engine

18.2 Market Size & Forecast

18.3 Office Spaces

18.3.1 Market Size & Forecast

18.4 Airports & Public Spaces

18.4.1 Market Size & Forecast

18.5 Hospitality

18.5.1 Market Size & Forecast

18.6 Healthcare Facilities

18.6.1 Market Size & Forecast

18.7 Industrial And Others

18.7.1 Market Size & Forecast

19 Region

19.1 Market Snapshot & Growth Engine

19.2 Geographic Overview

19.3 South

19.3.1 Market Size & Forecast

19.4 WEST

19.4.1 Market Size & Forecast

19.5 MID-WEST

19.5.1 Market Size & Forecast

19.6 NORTH-EAST

19.6.1 Market Size & Forecast

20 Competitive Landscape

20.1 Competition Overview

20.1 Market Ranking Analysis

21 Key Company Profiles

21.1 Daikin

21.1.1 Business Overview

21.1.2 Product Offerings

21.1.3 Key Strategies

21.1.4 Key Strengths

21.1.5 Key Opportunities

21.2 Carrier

21.2.1 Business Overview

21.2.2 Product Offerings

21.2.3 Key Strategies

21.2.4 Key Strengths

21.2.5 Key Opportunity

21.3 Ingersoll Rand

21.3.1 Business Overview

21.3.2 Product Offerings

21.3.3 Key Strategies

21.3.4 Key Strengths

21.3.5 Key Opportunity

21.4 Lennox International

21.4.1 Business Overview

21.4.2 Product Offerings

21.4.3 Key Strategies

21.4.4 Key Strengths

21.4.5 Key Opportunity

22 Other Prominent Vendors

22.1 Mitsubishi Electric

22.1.1 Business Overview

22.1.2 Product Offerings

22.1.3 Key Strategies

22.1.4 Key Strengths

22.2 Johnson Controls

22.2.1 Business Overview

22.2.2 Product Offerings

22.2.3 Key Strategies

22.2.4 Key Strengths

22.3 Danfoss

22.3.1 Business Overview

22.3.2 Product Offerings

22.3.3 Key Strategies

22.3.4 Key Strengths

22.4 Honeywell

22.4.1 Business Overview

22.4.2 Product Offerings

22.4.3 Key Strategy

22.4.4 Key Strengths

22.5 Rheem Manufacturing

22.5.1 Business Overview

22.5.2 Product Offerings

22.5.3 Key Strategies

22.5.4 Key Strengths

22.6 Nortek Air Solutions

22.6.1 Business Overview

22.6.2 Product Offerings

22.6.3 Key Strategies

22.6.4 Key Strengths

22.7 Fujitsu America

22.7.1 Business Overview

22.7.2 Product Offerings

22.7.3 Key Strategies

22.7.4 Key Strengths

22.8 Dunham Bush

22.8.1 Business Overview

22.8.2 Product Offerings

22.8.3 Key Strategies

22.8.4 Key Strengths

22.9 TCL

22.9.1 Business Overview

22.9.2 Product Offerings

22.9.3 Key Strategies

22.9.4 Key Strengths

22.10 Camfil

22.10.1 Business Overview

22.10.2 Product Offerings

22.10.3 Key Strategies

22.11 ONDA

22.11.1 Business Overview

22.11.2 Product Offerings

22.11.3 Key Strategy

22.11.4 Key Strength

22.12 Backer Springfield

22.12.1 Business Overview

22.12.2 Product Offerings

22.12.3 Key Strategy

22.12.4 Key Strength

22.13 Soler & Palau

22.13.1 Business Overview

22.13.2 Product Offerings

22.13.3 Key Strategies

22.13.4 Key Strengths

22.14 Hitachi

22.14.1 Business Overview

22.14.2 Product Offerings

22.14.3 Key Strategy

22.14.4 Key Strength

22.15 Alfa Laval

22.15.1 Business Overview

22.15.2 Product Offerings

22.15.3 Key Strategies

22.15.4 Key Strengths

22.16 LG Electronics

22.16.1 Business Overview

22.16.2 Product Offerings

22.16.3 Key Strategies

22.16.4 Key Strengths

22.17 Zehnder

22.17.1 Business Overview

22.17.2 Product Offerings

22.17.3 Key Strategies

22.17.4 Key Strengths

23 Report Summary

23.1 Key Takeaways

23.2 Strategic Recommendations

24 Quantitative Summary

24.1 Market By Geography

24.1.1 Market Size & Forecast

24.2 Market By Equipment

24.2.1 Market Size & Forecast

24.3 Market By Ac Equipment

24.3.1 Market Size & Forecast

24.4 Market By Heating Equipment

24.4.1 Market Size & Forecast

24.5 Market By Ventilation Equipment

24.5.1 Market Size & Forecast

24.6 Market By Application

24.6.1 Market Size & Forecast

24.7 Market By Commercial Application

24.7.1 Market Size & Forecast

25 Appendix

25.1 Abbreviations

List of Exhibits 

Exhibit 1               Segmentation of HVAC Market in US

Exhibit 2               Market Size Calculation Approach 2019

Exhibit 3               Quarterly Review of the Market in 2020

Exhibit 4               Impact of Smart HVAC Becoming the New Norm

Exhibit 5               The Case for the Growth of Smart HVAC

Exhibit 6               Impact of Systems Go Ductless

Exhibit 7               Impact of Zoning into Zoning

Exhibit 8               Impact of Conducive Environment for Contractors

Exhibit 9               Impact of Energy Economy Spawns Upgrades

Exhibit 10             Impact of Renewed Focus on Comfort, Functionality, and Health

Exhibit 11             The Case for Clean Air 2020

Exhibit 12             Impact of Home Improvement Cycles and Housing Boom

Exhibit 13             Home Sales, Mortgage, and Equipment Data 2020

Exhibit 14             Impact of Climbing Climate Emergencies and Shifting Weather Patterns

Exhibit 15             An Overview of Climate Crisis

Exhibit 16             Impact of Phasedowns, Standards, and Regulations in Constant Flux

Exhibit 17             Impact of Intractable Data Security Issues

Exhibit 18             Impact of Inadequate Workforce

Exhibit 19             New HVAC Jobs Projected in US between 2020−2025

Exhibit 20             Impact of Lack of Sufficient Disruption

Exhibit 21             Theoretical Maximum Efficiency Achieved by Different Industries

Exhibit 22             Residential and Commercial Supply Chain of HVAC Market in US

Exhibit 23             HVAC Market in US 2019–2025 ($ billion)

Exhibit 24             Five Forces Analysis 2019

Exhibit 25             Incremental Growth by Equipment 2019 & 2025

Exhibit 26             Growth Momentum & Market Share by Equipment

Exhibit 27             Incremental Growth by Air Conditioning Equipment 2019 & 2025

Exhibit 28             Air Conditioner Market in US 2019–2025 ($ billion)

Exhibit 29             RAC Market in US 2019–2025 ($ billion)

Exhibit 30             CAC Market in US 2019–2025 ($ billion)

Exhibit 31             Chillers Market in US 2019–2025 ($ billion)

Exhibit 32             Heat Exchangers market in US 2019–2025 ($ billion)

Exhibit 33             Other Air Conditioning Equipment Market in US 2019–2025 ($ billion)

Exhibit 34             Incremental Growth by Heating Equipment 2019 & 2025

Exhibit 35             US Energy Consumption by Energy Source in 2019

Exhibit 36             Heating Equipment Market in US 2019–2025 ($ billion)

Exhibit 37             Furnace Market in US 2019–2025 ($ billion)

Exhibit 38             Heat Pump Market in US 2019–2025 ($ billion)

Exhibit 39             Boiler Units Market in US 2019–2025 ($ billion)

Exhibit 40             Other Heating Equipment Market in US 2019–2025 ($ billion)

Exhibit 41             Incremental Growth by Ventilation Equipment 2019 & 2025

Exhibit 42             Ventilation Market in US 2019–2025 ($ billion)

Exhibit 43             Air Handling Units Market in US 2019–2025 ($ billion)

Exhibit 44             Air Filters Market in US 2019–2025 ($ billion)

Exhibit 45             Humidifiers and Dehumidifiers market in US 2019–2025 ($ billion)

Exhibit 46             Fan Coil Units Market in US 2019–2025 ($ billion)

Exhibit 47             Other Ventilation Equipment Market in US 2019–2025 ($ billion)

Exhibit 48             Incremental Growth by Application 2019 & 2025

Exhibit 49             Growth in Single and Multi-Family Housing Units in US 2015−2019 (thousand units)

Exhibit 50             Residential Sector HVAC Market in US 2019–2025 ($ billion)

Exhibit 51             Incremental Growth by Commercial Application 2019 & 2025

Exhibit 52             Commercial Sector HVAC Market in US2019–2025 ($ billion)

Exhibit 53             HVAC Market in US by Office Spaces 2019–2025 ($ billion)

Exhibit 54             HVAC Market in US by Airport & Public Spaces 2019–2025 ($ billion)

Exhibit 55             HVAC Market in US by Hospitality Sector 2019–2025 ($ billion)

Exhibit 56             HVAC Market in US by Healthcare Facilities 2019–2025 ($ billion)

Exhibit 57             HVAC Market in US by Industrial and Others 2019–2025 ($ billion)

Exhibit 58             Incremental Growth by Region 2019 & 2025

Exhibit 59             Growth Momentum and Market Share by Region

Exhibit 60             HVAC Market in Southern Region 2019–2025 ($ billion)

Exhibit 61             HVAC Market in Western Region 2019–2025 ($ billion)

Exhibit 62             HVAC Market in Mid-West Region 2019–2025 ($ billion)

Exhibit 63             HVAC Market in North-East Region 2019–2025 ($ billion)

Exhibit 64             Market Ranking Analysis 2019

               

               

List of Tables    

Table 1                  Key Caveats

Table 2                  Currency Conversion 2013−2019

Table 3                  Estimated increase in HVAC positions 2019−2025

Table 4                  Daikin: Major Product Offerings

Table 5                  Carrier: Major Product Offerings

Table 6                  Ingersoll Rand: Major Product Offerings

Table 7                  Lennox International: Major Product Offerings

Table 8                  Mitsubishi Electric: Major Product Offerings

Table 9                  Johnson Controls: Major Product Offerings

Table 10               Danfoss: Major Product Offerings

Table 11               Honeywell: Major Product Offerings

Table 12               Rheem Manufacturing: Major Product Offerings

Table 13               Nortek Air Solutions: Major Product Offerings

Table 14               Fujitsu America: Major Product Offerings

Table 15               Dunham Bush: Major Product Offerings

Table 16               TCL: Major Product Offerings

Table 17               Camfil: Major Product Offerings

Table 18               Onda: Major Product Offerings

Table 19               Backer Springfield: Major Product Offerings

Table 20               Soler & Palau: Major Product Offerings

Table 21               Hitachi: Major Product Offerings

Table 22               Alfa Laval: Major Product Offerings

Table 23               LG Electronics: Major Product Offerings

Table 24               Zehnder: Major Product Offerings

Table 25               HVAC Market in US by Geography 2019−2025 ($ billion)

Table 26               HVAC Market in US by Geography 2019−2025 (Revenue %)

Table 27               HVAC Market in US by Equipment 2019−2025 ($ billion)

Table 28               HVAC Market in US by Equipment 2019−2025 (Revenue %)

Table 29               HVAC Market in US by AC Equipment 2019−2025 ($ billion)

Table 30               HVAC Market in US by AC Equipment 2019−2025 (Revenue %)

Table 31               HVAC Market in US by Heating Equipment 2019−2025 ($ billion)

Table 32               HVAC Market in US by Heating Equipment 2019−2025 (Revenue %)

Table 33               HVAC Market in US by Ventilation Equipment 2019−2025 ($ billion)

Table 34               HVAC Market in US by Ventilation Equipment 2019−2025 (Revenue %)

Table 35               HVAC Market in US by Application 2019−2025 ($ billion)

Table 36               HVAC Market in US by Application 2019−2025 (Revenue %)

Table 37               HVAC Market in US by Commercial Application 2019−2025 ($ billion)

Table 38               HVAC Market in US by Commercial Application 2019−2025 (Revenue %)

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