Learn about the global HVAC and commercial and industrial refrigeration equipment market through The Business Research Company, which provides information on HVAC and commercial and industrial refrigeration equipment market size, HVAC and commercial and industrial refrigeration equipment market drivers and restraints, HVAC and commercial and industrial refrigeration equipment market players, the COVID-19 impact on the HVAC and commercial and industrial refrigeration equipment market, and more.

The global HVAC and commercial and industrial refrigeration equipment market size is expected to grow from $409.48 billion in 2021 to $445.63 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The global HVAC and commercial and industrial refrigeration equipment market size is expected to grow to $602.71 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%

The HVAC and commercial and industrial refrigeration equipment market growth is aided by stable economic growth forecasted in many developed and developing countries.

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The HVAC and commercial and industrial refrigeration equipment market consists of sales of HVAC and commercial and industrial refrigeration equipment by entities (organizations, sole traders, and partnerships) that produce HVAC and commercial and industrial refrigeration equipment.

Global HVAC And Commercial And Industrial Refrigeration Equipment Market Segments Include:
By Type: HVAC Equipment, Commercial And Industrial Refrigeration Equipment

By Capacity: Small, Medium, Large

By Application: Food Processing, Beverage Production, Chemicals and Pharmaceuticals, Petrochemicals, Energy, Logistics

Subsegments Covered: Air-Conditioning Equipment, Warm Air Heating Equipment, Commercial Refrigeration Equipment, Industrial Refrigeration Equipment

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the HVAC and commercial and industrial refrigeration equipment market in 2021.

Geothermal heating and cooling technology are becoming popular because of the surge in demand for energy-efficient HVAC systems. Geothermal HVAC absorbs heat from the facility and transfers it underground and it uses cool water from the ground to create cool air conditioning in the facility. It consists of an indoor handling unit and a system of pipes underground which requires very low maintenance and lasts longer than traditional HVAC systems.

TBRC’s HVAC and commercial and industrial refrigeration equipment market report covers:

Major Market Players: Johnson Controls International plc, Gree Electric Appliances Inc, Midea Group co ltd, Hitachi Ltd, Ingersoll-Rand Plc, Danfoss GmbH, Atlas Copco AB, Carrier Corporation, Mitsubishi Heavy Industries Ltd, and Robert Bosch GmbH.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The HVAC And Commercial And Industrial Refrigeration Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides HVAC and commercial and industrial refrigeration equipment market overviews, analyzes and forecasts market size, share, HVAC and commercial and industrial refrigeration equipment market players, HVAC and commercial and industrial refrigeration equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s HVAC and commercial and industrial refrigeration equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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