The global heating, ventilation, and air conditioning (HVAC) market is projected to reach about billion U.S. dollars by 2030, based on a compound annual growth rate (CAGR) of *** percent between 2020 and 2030. A more recent projection estimates that the market volume of the HVAC market will reach million units by 2024. Growth in the HVAC market is likely due to continued growth in construction sector revenues, from both publicly and privately funded projects.
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P&S Market Research. (March 26, 2020). Projected market size for heating, ventilation, and air conditioning (HVAC) worldwide from 2019 to 2030 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/
P&S Market Research. "Projected market size for heating, ventilation, and air conditioning (HVAC) worldwide from 2019 to 2030 (in billion U.S. dollars)." Chart. March 26, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/
P&S Market Research. (2020). Projected market size for heating, ventilation, and air conditioning (HVAC) worldwide from 2019 to 2030 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/
P&S Market Research. "Projected Market Size for Heating, Ventilation, and Air Conditioning (Hvac) Worldwide from 2019 to 2030 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 26 Mar 2020, /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/
P&S Market Research, Projected market size for heating, ventilation, and air conditioning (HVAC) worldwide from 2019 to 2030 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/ (last visited August 01, 2026)
Projected market size for heating, ventilation, and air conditioning (HVAC) worldwide from 2019 to 2030 (in billion U.S. dollars) [Graph], P&S Market Research, March 26, 2020. [Online]. Available: /statistics/414960/global-market-for-commercial-and-residential-hvac-systems/