How big is the Japan HVAC Market?

The Japan HVAC Market size is expected to reach USD 17.41 billion in 2024 and grow at a CAGR of 5.49% to reach USD 22.75 billion by 2029. Read More

What is the current Japan HVAC Market size?

In 2024, the Japan HVAC Market size is expected to reach USD 17.41 billion. Read More

Who are the key players in Japan HVAC Market?

Carrier Corporation, Daikin Industries, Ltd., Mitsubishi Electric Corporation, Hitachi Ltd. and Panasonic Corporation are the major companies operating in the Japan HVAC Market. Read More

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

In 2023, the Japan HVAC Market size was estimated at USD 16.45 billion. The report covers the Japan HVAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan HVAC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Japan HVAC Market Share

Statistics for the 2023 & 2024 Japan HVAC market share, created by Mordor Intelligence™ Industry Reports. Japan 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 Japan HVAC Industry

The Japanese HVAC market is fragmented and consists of several players. Companies continuously try to increase their market presence by introducing new products, expanding their operations, or entering strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players include Carrier Corporation, Daikin Industries Ltd, Mitsubishi Electric Corporation, Hitachi Ltd, Panasonic Corporation, and many more.

May 2024: Daikin Industries Ltd and Miura Co. Ltd, an industrial boiler manufacturer, revealed their plans to establish a capital and business alliance. This collaboration aims to offer comprehensive solution proposals encompassing heating, ventilation, air conditioning, steam boilers, and water treatment systems for factories throughout Japan.
May 2024: Carrier Corporation introduced the Carrier AquaEdge 19DV centrifugal chiller series in Japan, expanding its HVAC solutions for large-scale facilities. This new series, AquaEdge 19DV, will be a valuable addition to the popular Universal Smart X series of modular chillers in Japan. The AquaEdge 19DV series is designed to meet the demands of commercial customers in Japan, providing a cutting-edge and reliable system that guarantees both efficiency and comfort.