주택용 HVAC 시장 규모, 점유율, 성장 분석, 유형별, 기술별, 기기별, 최종사용자별, 지역별 - 산업 예측(2025-2032년)

Global Residential HVAC Market size was valued at USD 83.8 billion in 2023 and is poised to grow from USD 89.58 billion in 2024 to USD 152.77 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).

The global residential HVAC market is experiencing robust growth driven by the rising demand for enhanced indoor comfort, accelerated urbanization, and advancements in energy-efficient HVAC technology. The implementation of stringent energy efficiency and indoor air quality standards is empowering consumers to lower energy costs and elevate living conditions, leading to increased confidence in these systems. Investment in research and development has facilitated the creation of sophisticated multi-functional HVAC units that integrate heating, cooling, and air purification, further enhancing home environments. The surge in the smart home market is a pivotal growth catalyst, with smart HVAC systems and thermostats becoming commonplace in new homes for automated climate control. As consumers prioritize energy efficiency and smart solutions, the market is poised for continued expansion, driven by rising disposable incomes and a shift toward intelligent home innovations.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Residential HVAC market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Residential HVAC Market Segments Analysis

Global Residential HVAC Market is segmented by Type, Technology, Equipment, End-User and region. Based on Type, the market is segmented into HVAC equipment and HVAC services. Based on Technology, the market is segmented into Smart HVAC Systems, Conventional HVAC Systems and Energy-Efficient Systems. Based on Equipment, the market is segmented into Air Conditioning/Ventilation Equipment, Heating Equipment and Ventilating system. Based on End-User, the market is segmented into Single-Family Homes, Multi-Family Homes and Apartments. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Residential HVAC Market

The Global Residential HVAC market is primarily driven by a growing awareness of energy efficiency and rising energy costs, prompting consumers to seek out energy-saving solutions. Homeowners increasingly prioritize products that offer comfort while minimizing utility expenses and lowering their carbon footprints. Additionally, government initiatives, including tax credits and rebates for the installation of high-efficiency HVAC systems, further stimulate demand in this sector. As a result, manufacturers are motivated to innovate and introduce advanced products such as heat pumps, smart thermostats, and high-SEER air conditioners, all contributing significantly to the development and expansion of the market.

Restraints in the Global Residential HVAC Market

The Global Residential HVAC market faces significant restraints primarily due to the exorbitant initial investment required for high-tech, energy-efficient heating, ventilation, and air-conditioning systems. Many single-family homeowners are deterred by the substantial upfront costs, which greatly exceed just a down payment, despite such systems being economically beneficial in the long run. Additionally, the installation of advanced HVAC systems necessitates specialized expertise and often requires costly retrofitting of existing home infrastructure. This challenge is particularly pronounced in price-sensitive markets and developing countries, potentially hindering overall growth in the sector as these factors limit accessibility for a broader consumer base.

Market Trends of the Global Residential HVAC Market

The Global Residential HVAC market is witnessing a significant trend driven by the integration of intelligent technologies into heating, ventilation, and air conditioning systems. Innovations such as smart thermostats, networked systems, and home automation solutions are transforming indoor climate control, offering precise temperature management, enhanced energy efficiency, and convenient remote monitoring. These advanced systems not only adapt to users' habits but also provide real-time energy consumption insights. The rising adoption of networked home devices and smart voice assistants fuels this demand, positioning modern HVAC systems as essential components of the smart home ecosystem and driving substantial growth in the residential HVAC sector.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Residential HVAC Market Size by Type & CAGR (2025-2032)

• Market Overview
• HVAC equipment
• HVAC services

Global Residential HVAC Market Size by Technology & CAGR (2025-2032)

• Market Overview
• Smart HVAC Systems
• Conventional HVAC Systems
• Energy-Efficient Systems

Global Residential HVAC Market Size by Equipment & CAGR (2025-2032)

• Market Overview
• Air Conditioning/Ventilation Equipment
  • Type
  • Single splits/ multi splits (Ducted and Ductless)
  • VRF
  • Air Handling Units
  • Other Types (Rooftops, Fan Coils, etc.)
• Heating Equipment
  • Type
  • Boilers/radiators/Furnaces & Other Heaters
  • Heat Pumps
• Ventilating system

Global Residential HVAC Market Size by End-User & CAGR (2025-2032)

• Market Overview
• Single-Family Homes
• Multi-Family Homes
• Apartments

Global Residential HVAC Market Size & CAGR (2025-2032)

• North America (Type, Technology, Equipment, End-User)
  • US
  • Canada
• Europe (Type, Technology, Equipment, End-User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Technology, Equipment, End-User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Technology, Equipment, End-User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Technology, Equipment, End-User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Daikin Industries Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Midea Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gree Electric Appliances Inc. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Carrier Global Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trane Technologies plc (Ireland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lennox International Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Electric Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Electronics Inc. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Samsung Electronics Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Panasonic Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Electrolux AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Danfoss A/S (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ariston Holding N.V. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Systemair AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Swegon AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ferguson Enterprises Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sanden Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Taikisha Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Blue Star Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations