How big is the Europe HVAC Market?

The Europe HVAC Market size is expected to reach USD 28.67 billion in 2024 and grow at a CAGR of 6.20% to reach USD 38.75 billion by 2030. Read More

What is the current Europe HVAC Market size?

In 2024, the Europe HVAC Market size is expected to reach USD 28.67 billion. Read More

Who are the key players in Europe HVAC Market?

Daikin Industries, Ltd., Robert Bosch GmbH, Mitsubishi Electric Europe BV, Vaillant Group and Danfoss A/S are the major companies operating in the Europe HVAC Market. Read More

What years does this Europe HVAC Market cover, and what was the market size in 2023?

In 2023, the Europe HVAC Market size was estimated at USD 26.89 billion. The report covers the Europe HVAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe HVAC Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

What are the key drivers of the Europe HVAC Equipment Market?

Key factors driving the European HVAC Equipment Market include a) Rising demand for energy-efficient HVAC systems b) Stringent government regulations on energy usage c) Growing construction industry in Europe Read More

Europe HVAC Market Share

Statistics for the 2023 & 2024 Europe HVAC market share, created by Mordor Intelligence™ Industry Reports. Europe HVAC share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe HVAC Industry

The European HVAC market is highly fragmented, with the presence of major players like Daikin Industries Ltd, Robert Bosch GmbH, Mitsubishi Electric Europe BV, Vaillant Group, and Danfoss A/S. The market players are adopting strategies like partnerships and acquisitions to improve their product offerings and gain sustainable competitive advantage.

April 2024: Daikin Industries Ltd announced the launch of the Stand by Me Certified Partner program, which builds on existing Daikin training through the Daikin Academy. The program provides training on installation safety and quality and allows installers to become certified partners.
January 2024: Mitsubishi Electric Europe BV announced the release of its residential air-to-water heat pumps. The company's Hydrolution EZY monoblock is able to produce hot water at temperatures of up to 60°C even when outdoor temperatures are down to -25°C. It is available in two power variants: 10 kW and 14 kW.