China HVAC Field Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The China HVAC Field Device Market is Segmented by Types (Control Valve, Balancing Valve, PICV, Damper HVAC, Damper Actuator HVAC), Sensors (Environmental Sensors, Multi-sensors, Air Quality Sensors, Occupancy and Lighting), End-users (Commercial, Residential, Industrial). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

China HVAC Field Device Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

China HVAC Field Device Market Size

China HVAC Field Device Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 5.72 Billion
Market Size (2030) USD 8.84 Billion
CAGR (2025 - 2030) 9.10 %
Market Concentration Medium

Major Players

China HVAC Field Device Market Major Players

*Disclaimer: Major Players sorted in no particular order

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China HVAC Field Device Market Analysis

The China HVAC Field Device Market size is estimated at USD 5.72 billion in 2025, and is expected to reach USD 8.84 billion by 2030, at a CAGR of 9.1% during the forecast period (2025-2030).

Heating, ventilation, and air conditioning (HVAC) systems are finding widespread adoption across China due to the multiple advantages offered by HVAC systems, most notably the power-saving techniques.

  • Rising disposable income, growing concern for CO2 emissions, and high consumption of heating and cooling systems are some of the major factors driving the studied market's growth in China. According to the Organization for Economic Cooperation and Development (OECD) models, China may witness a seven-fold increase in income per capita by 2060.
  • In addition, according to the National Bureau of Statistics of China, the average disposable income per capita for residents in China was 36,883 yuan, a nominal increase of 5.0% compared to the previous year and an absolute increase of 2.9% after adjusting for inflation in 2022.
  • Furthermore, an increase in new households, rising average construction spending, and rapid urbanization across several major economies. According to BP plc, China is a significant consumer of primary energy globally, using some 157.65 exajoules recently. This is far more than what the United States consumed, which ranks second.
  • The growth in construction activities, along with the rise in disposable income, increased the availability of HVAC field devices for a broader consumer base in the country. For instance, according to the National Bureau of Statistics of China, the output value of construction in China from 2011 to 2022 indicated a progressive growth in the industry. In 2022, the construction output value in China peaked at around CNY 31.2 trillion.
  • The high initial cost of HVAC field instruments can be challenging for their demand because it may deter some customers from buying or upgrading their systems. This is especially true for homeowners or small business owners who may have limited budgets and be unable to afford the upfront charges of a new system.
  • Moreover, the pandemic significantly influenced the HVAC industry. System demand observed a significant drop during the initial months, owing to lockdown restrictions and businesses refraining from investing in new equipment. However, the market was expected to grow in the forecasted period due to the rapidly increasing commercial, residential, and industrial construction projects across the country.

China HVAC Field Device Industry Overview

The China HVAC Field Device Market is favorably competitive and has several prominent players. The market leaders are focusing on expanding their consumer base across the country. These companies leverage strategic collaborative initiatives to boost their market share and profitability. The companies performing in the market are also acquiring start-ups working on HVAC service technologies to strengthen their production capacities.

In September 2023, Johnson Controls-Hitachi Air Conditioning introduced the Hitachi air365 Hybrid dual fuel system, which features an electric Hitachi Mini VRF heat pump as the primary heating and cooling source and has an innovative dual fuel module that helps reduce carbon emissions.

In July 2022, Conex Bänninger, a manufacturer of fittings and valves for plumbing, air conditioning, heating, and refrigeration, announced the addition of a new type of valve to its vast portfolio of products. The latest addition seeks to improve energy efficiency to deliver a more sustainable and cost-effective solution. Pressure Independent Control Valves (PICVs) use dynamic balancing to handle pressure fluctuations in a building's hydronic heating or cooling system.

China HVAC Field Device Market Leaders

  1. Siemens AG

  2. Honeywell International Inc.

  3. Johnson Controls International PLC

  4. Rotork Plc

  5. Dwyer Instruments Inc

  6. *Disclaimer: Major Players sorted in no particular order
China HVAC Field Device Market Concentration
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China HVAC Field Device Market News

  • June 2023 - Rotork extended the CK range of modular electric valve actuators to include a new part-turn variant, the CKQ. The entire range has a modular design that provides high degrees of configurability and flexibility while enabling quick delivery.
  • March 2023 - Attune launched its latest product for outdoor air quality monitoring. The Outdoor Air Quality Monitoring (OAQ) Kit repackages Attune's UL-2905-certified indoor air quality monitoring sensors for outdoor usage, delivering data on air quality around any given site.

China HVAC Field Device Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 High Usage of Heating, Ventilation, and Air Conditioning Systems
    • 5.1.2 Increase in Commercial Construction Activities
  • 5.2 Market Challenges
    • 5.2.1 Lack of Awareness and Financial Uncertainty

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Control Valve
    • 6.1.2 Balancing Valve
    • 6.1.3 PICV
    • 6.1.4 Damper HVAC
    • 6.1.5 Damper Actuator HVAC
  • 6.2 By Sensors
    • 6.2.1 Environmental Sensors
    • 6.2.2 Multi Sensors
    • 6.2.3 Air Quality Sensors
    • 6.2.4 Occupancy and Lighting
  • 6.3 By End User
    • 6.3.1 Commercial
    • 6.3.2 Residential
    • 6.3.3 Industrial

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Siemens AG
    • 7.1.2 Honeywell International Inc.
    • 7.1.3 Johnson Controls International PLC
    • 7.1.4 Rotork Plc
    • 7.1.5 Dwyer Instruments Inc
    • 7.1.6 Belimo Holding AG
    • 7.1.7 Robert Bosch GmbH
    • 7.1.8 Electrolux AB
    • 7.1.9 Danfoss A/S
    • 7.1.10 Advanced Flow Control Group Co., Ltd (AFC)
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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China HVAC Field Device Industry Segmentation

HVAC systems help maintain adequate indoor air quality through good ventilation and filtration and deliver thermal comfort. Further, the energy-efficient operation of any facility is based on the precise and reliable operation of field devices such as valves, sensors, and actuators. 

The China HVAC field device market is segmented by types (control valve, balancing valve, PICV, damper HVAC, damper actuator HVAC), sensors (environmental Sensors, multi-sensors, air quality sensors, occupancy and lighting), end-users(commercial, residential, industrial). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Type Control Valve
Balancing Valve
PICV
Damper HVAC
Damper Actuator HVAC
By Sensors Environmental Sensors
Multi Sensors
Air Quality Sensors
Occupancy and Lighting
By End User Commercial
Residential
Industrial
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China HVAC Field Device Market Research Faqs

How big is the China HVAC Field Device Market?

The China HVAC Field Device Market size is expected to reach USD 5.72 billion in 2025 and grow at a CAGR of 9.10% to reach USD 8.84 billion by 2030.

What is the current China HVAC Field Device Market size?

In 2025, the China HVAC Field Device Market size is expected to reach USD 5.72 billion.

Who are the key players in China HVAC Field Device Market?

Siemens AG, Honeywell International Inc., Johnson Controls International PLC, Rotork Plc and Dwyer Instruments Inc are the major companies operating in the China HVAC Field Device Market.

What years does this China HVAC Field Device Market cover, and what was the market size in 2024?

In 2024, the China HVAC Field Device Market size was estimated at USD 5.20 billion. The report covers the China HVAC Field Device Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China HVAC Field Device Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

China HVAC Field Device Industry Report

Statistics for the 2025 China HVAC Field Device market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China HVAC Field Device analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.