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

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

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

US HVAC Field Device Market Size

US HVAC Field Device Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 5.09 Billion
Market Size (2030) USD 6.50 Billion
CAGR (2025 - 2030) 5.00 %
Market Concentration Medium

Major Players

US HVAC Field Device Market Major Players

*Disclaimer: Major Players sorted in no particular order

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US HVAC Field Device Market Analysis

The US HVAC Field Device Market size is estimated at USD 5.09 billion in 2025, and is expected to reach USD 6.50 billion by 2030, at a CAGR of 5% during the forecast period (2025-2030).

The increasing construction activity, availability of high-efficiency systems, and extreme climatic conditions favor the system installation of HVAC equipment across the facilities in the country, thereby driving the growth of the HVAC field devices market. Additionally, the presence of prominent manufacturers, such as Siemens, Johnson Controls, and others, is complementing the North American market's growth in the future.

  • HVAC in a commercial building usually consumes more energy than any other activity in the building. Energy standards and building codes have significantly steered the design of energy-efficient buildings over the past decade. For instance, the US Green Building Council's (USGBC) Leadership in Energy and Environmental Design Green Building Rating System has raised awareness of the need for building designs that use energy efficiently.
  • As such, several states in the country have mandated the use of the LEED rating system for government buildings. Such initiatives indicate the importance of energy conservation in buildings. Since HVAC equipment is among the primary energy users in buildings, efficient air-handling units and air distribution systems can help save significant amounts of energy, reduce operating costs, and comply with widely used energy standards and building codes.
  • As awareness and implementation of smart cities develop, consumers are expected to increase their spending on connected home appliances like thermostats and controllers. For instance, according to the Consumer Technology Association (CTA), connected home product revenue is increasing in the United States from 2018 to 2022. In 2020, connected home products in the United States were estimated to generate a revenue of USD 5.1 billion and reach USD 5.94 billion. This is making the vendors of HVAC solutions offer or enhance their product portfolios with the latest updates related to multi-device connectivity. Such developments are anticipated to offer lucrative opportunities for the HVAC field device market players in the United States.
  • Heating, ventilation, and air conditioning (HVAC) are essential in the design of medium- to large industrial buildings and in regulating conditions within the manufacturing facility with respect to temperature and humidity by deploying an HVAC system for different manufacturing units. HVAC equipment is essential in the manufacturing sector to ensure the comfort and safety of workers as well as the proper functioning of manufacturing equipment.
  • For instance, the food and beverage (F&B) industry, which comes under FMCG, requires extensive use of a hygienic, dust-free, pollutant-free environment and effective cooling to ensure optimal processing of highly perishable products with no damage to the final product. With the expanding manufacturing sector, various industrial infrastructures for producing highly vulnerable industries such as chemicals, pharmaceuticals, food, and beverages are also increasing.
  • As a result, the market for refrigeration equipment is expanding rapidly due to factors including rising frozen food consumption and a growing population. According to the American Frozen Food Institute (AFFI), frozen food sales were expected to increase by 8.6% to reach USD 72.2 billion in 2022. The rising demand from the industrial sector in the United States is likely to boost the growth of the studied market.
  • On the flip side, high energy consumption is expected to restrain the United States HVAC field devices market growth during the forecast period. Major entities in the commercial segment, such as retail complexes, hostels, entertainment centers, and others, typically rely on centralized HVAC systems for space conditioning.
  • As per the International Energy Agency (IEA) and the US Department of Energy, around 25-35% of electricity consumption is due to HVAC systems. According to the same source, a large part (20%-60%) of this energy consumption is contributed by parasitic energy use (energy used to power fans and pumps used for transferring heating and cooling). Thus, centralized HVAC systems have burdened energy bills despite being more efficient (in terms of energy units' consumption per unit area of space conditioned) than unitary systems. However, rapid technological advancements are anticipated to offer a significant boost to the growth of the studied market.
  • The pandemic significantly influenced the HVAC industry, as demand for the systems observed a significant drop during the initial months, owing to lockdown restrictions and businesses refraining from investing in new equipment. Due to the pandemic, many construction projects were halted across the world. The reduction in construction activities across the commercial, residential, and industrial sectors temporarily dampened the demand for HVAC systems, including air handling units. Moreover, amid the pandemic, labor shortages across HVAC manufacturing sectors delayed the production of HVAC equipment.
  • However, the pandemic highlighted the importance of ventilation, which was a prominent factor driving the demand for HVAC equipment. The American Society of Heating, Refrigerating, and Air-Conditioning Engineers recommended strategies to mitigate COVID-19 transmission, eventually boosting demand across the United States. Hence, the future growth trajectory is projected to be firm.

US HVAC Field Device Industry Overview

The United States HVAC field device market is moderately consolidated owing to the presence of large vendors like Siemens AG, Honeywell International Inc., etc. The key players are involved in various strategies, such as acquisitions and partnerships, to improve their market share and enhance their profitability in the market studied.

In December 2022, Continental announced solutions for user experience, automated driving, and software-defined driving to make driving safer, cleaner, and more comfortable using high-performance computers, vehicle sensors, and electronic control units. Furthermore, they provided intelligent power distribution and ensured the reliable execution of real-time vehicle functions such as audio, external sound, parking, HVAC, or suspension.

In July 2022, Archer Aviation Inc. signed a contract with Honeywell to deliver flight control actuation and thermal management technology. Honeywell's actuation technology was a key enabler of Archer's 12 tilt 6 layout, and Honeywell's thermal management technology would assist Archer in providing its passengers with an enhanced experience. Archer's production aircraft would fly in congested metropolitan areas, necessitating vital precision from the aircraft's flying controls and actuators. The actuators from Honeywell could take hundreds of microchanges and commands per second from fly-by-wire computers, allowing for precision navigation.

In July 2022, Sauter expanded its product line with the introduction of a new generation of IoT-capable actuators. The smart actuator allowed for autonomous or semi-autonomous heating, ventilation, and air conditioning control. Other advantages included easy installation and commissioning, cloud connectivity with an application library and remote access, and a smartphone app. Energy distribution relies heavily on valves and actuators. They are used in heating, ventilation, and room automation systems.

US HVAC Field Device Market Leaders

  1. Siemens AG

  2. Honeywell International Inc.

  3. Robert Bosch GmbH

  4. Johnson Controls International PLC

  5. Schneider Electric

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

  • March 2023 - The Master Group Announced a partnership with Ohio-based RSC to Expand its footprint in the US HVAC-R Industry. The Master Group and RSC's collaboration would enable companies to enhance their services, products, and value proposition to their customers. The collaboration reflects the companies' shared commitment to quality, customer satisfaction, and innovation, and the partnership is expected to provide a significant growth opportunity for the organizations.
  • January 2023 - Air conditioning technologies providers LG Electronics USA unveiled new HVAC innovations for the residential builder market, encompassing energy-efficient heat pump technology, inverter technology, and solutions for indoor air quality at the 10th annual Design and Construction.

US 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 Technology Snapshot
  • 4.4 Value Chain Analysis
  • 4.5 Assessment of Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Demand for Energy-efficient Devices and Rising Trend of Smart Homes
    • 5.1.2 Supportive Government Regulations
    • 5.1.3 Emergence of IoT and Product Innovations
  • 5.2 Market Restraints
    • 5.2.1 High Initial Cost of Energy Efficient Systems
  • 5.3 Market Opportunities
    • 5.3.1 Increasing Urbanization and Industrialization

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 & Lighting
    • 6.2.5 Other Sensors
  • 6.3 By End-user Industry
    • 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 Robert Bosch GmbH
    • 7.1.5 KMC Controls
    • 7.1.6 Hansen Corporation
    • 7.1.7 Continental AG
    • 7.1.8 Denso Corporation
    • 7.1.9 Schneider Electric
    • 7.1.10 Belimo
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

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US HVAC Field Device Industry Segmentation

A field device controls local operations like opening and closing valves and breakers, collecting data from sensor systems, and monitoring the local environment for alarm conditions.

The United States HVAC field device market is segmented by type (control valve, balancing valve, PICV, damper HVAC, damper actuator HVAC), sensors (environmental sensors, multisensors, air quality sensors, occupancy and lighting sensors), and end-user industry (commercial, residential, and 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 & Lighting
Other Sensors
By End-user Industry Commercial
Residential
Industrial
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US HVAC Field Device Market Research Faqs

How big is the US HVAC Field Device Market?

The US HVAC Field Device Market size is expected to reach USD 5.09 billion in 2025 and grow at a CAGR of 5% to reach USD 6.50 billion by 2030.

What is the current US HVAC Field Device Market size?

In 2025, the US HVAC Field Device Market size is expected to reach USD 5.09 billion.

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

Siemens AG, Honeywell International Inc., Robert Bosch GmbH, Johnson Controls International PLC and Schneider Electric are the major companies operating in the US HVAC Field Device Market.

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

In 2024, the US HVAC Field Device Market size was estimated at USD 4.84 billion. The report covers the US HVAC Field Device Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the US HVAC Field Device Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

US HVAC Field Device Industry Report

Statistics for the 2025 US HVAC Field Device market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US 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.