China HVAC Market 2024-2030
  • CHOOSE LICENCE TYPE
Consulting Services
    How will you benefit from our consulting services ?

China HVAC Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

CHINA HVAC MARKET

 

INTRODUCTION

HVAC is really an approximation for Heating, Ventilation, and Conditioning Systems. HVAC pertains to the many systems that have been used to move air between interior and outdoors spaces, as well as to dissipate heat primarily residential and commercial buildings.

 

infographic: China HVAC Market, China HVAC Market Size, China HVAC Market Trends, China HVAC Market Forecast, China HVAC Market Risks, China HVAC Market Report, China HVAC Market Share

 

They are really the mechanisms that keep you healthy and toasty in the winter and cool as well as refreshing in the summertime. These are indeed the systems that screen as well as purify air infiltration in order to keep you healthy and humidity levels at ideal levels of comfort.

 

CHINA HVAC MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Rapid rail AC order to China firm under DPIIT scannerThe metro vehicles are supplied by Bombardier, whereas the air conditioning contract was awarded to a Chinese company called KING.ChinaThis would enhance better Technological Controls
2ISH China & CIHE offer lucrative opportunities in China’s HVAC industryThe expo, which will be organised by Messe Frankfurt (Shanghai) Co and CIEC GL events (Beijing) International Exhibition Co, will concentrate on three themes.ChinaThis would enhance better Technological Controls
3Carrier Finalizes Acquisition of Guangdong Giwee Group, China-based HVAC ManufacturerCarrier stated that it has finalised the purchase of the remaining Guangdong Giwee Group (Giwee Group) and its subsidiaries.ChinaThis would enhance better Technological Controls
4Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra PradeshThe PLI programme for white products was the first to secure land for a new factory.China - IndiaThis would enhance better Technological Controls
5Carrier to acquire Toshiba Carrier HVAC businessToshiba's ownership share in the Toshiba Carrier air conditioning company has been acquired by Carrier via a contractual agreement.ChinaThis would enhance better Technological Controls

 

COMPETITIVE LANDSCAPE IN CHINA HVAC MARKET

The current trend is supposed to continue in the next years, adding momentum to market expansion. With the introduction of tax incentive and incentive schemes, as well as many other financial rewards connected with the purchase of energy-efficient equipment, the industry is likely to see a growth in demand.

 

Authorities at different levels, including the Confederation as well as national legislatures, have developed benchmarks to enhance the performance of Ventilation system.

 

Haier is a leading mobiliser of entertainment-oriented facilities and features focusing on AR Technology of mobilization in the market. It has brought in an IoT-enabled service will allow customers to run and monitor their air conditioners from their cell phones using a sharing AC service where all controls are put totally through a mobile application.

 

Those heating systems will be attached to a cloud platform as part of the program, allowing customers to monitor and manage them virtually from anywhere via the app.

 

Midea Inc. is part of the component manufacture trending companies in the current industry.  The 9,000 BTU PTAC Air Conditioning unit with Heating System has  strong air conditioning system distributes fresh air throughout the house when the temperature is mild, as well as the Auto Restart function maintains the most recent settings in the case of a power outage, safe in the knowledge.

 

Customers can experience year-round cooling system also with stylish LED temperature monitor and consumer controller. Servicing and clean-up are a breeze with the automatic defrost feature.

 

COMPANIES PROFILED IN CHINA HVAC MARKET

  • Haier Group Corporation
  • Midea Group
  • Gree Electric Appliances, Inc. of Zhuhai
  • Daikin
  • York International
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • Mitsubishi Electric Trane HVAC US LLC
  • Nortek Global HVAC
  • Johnson Controls
  • Hitachi Air Conditioning Company

 

 
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix