The U.S. HVAC Systems Marketby Equipment (Room‐Level Air Conditioners, and Others), by System Type (Centralized Systems, and Others), by Implementation Type (New Construction Buildings, and Retrofit Buildings), by Technology (Inverter Technology, and Others), by Energy Efficiency (1 Star, and Others), by Capacity (Up to 1.5 Ton, and Others), by Installation/Mounting (Wall-mounted, and Others), by End User (Commercial, and Others) - Opportunity Analysis and Industry Forecast, 2024– 2030.
Industry: Construction & Manufacturing | Publish Date: 15-Oct-2025 | No of Pages: 119 | No. of Tables: 163 | No. of Figures: 108 | Format: PDF | Report Code : CM1917
Market Definition
The U.S. HVAC System Market size was valued at USD 52.36 billion in 2023, and is predicted to reach USD 79.85 billion by 2030, at a CAGR of 5.7% from 2024 to 2030.
HVAC (Heating, Ventilation, and Air Conditioning) refers to the technology and systems used in buildings to regulate indoor environmental conditions such as temperature, humidity, and air quality to ensure comfort and safety for occupants. Heating systems provide warmth during colder months, ventilation systems circulate and replenish indoor air, and air conditioning systems cool and dehumidify indoor air during warmer months.
HVAC systems offer several advantages, including improved occupant comfort and health, increased energy efficiency leading to cost savings, better indoor air quality through filtration and ventilation, precise temperature control for enhanced productivity in commercial settings, and protection of building infrastructure from extreme weather conditions. Additionally, these systems can be designed to meet specific requirements, contributing to sustainability goals by reducing carbon emissions and promoting eco-friendly practices in building operations.
Increasing Energy-Saving Regulations Drives the HVAC System Market
Residential energy-saving regulations are instrumental in propelling the HVAC system market forward. These regulations drive market growth by requiring the implementation of increasingly energy-efficient systems, prompting manufacturers to produce compliant HVAC units.
As a result, consumers are motivated to acquire energy-saving HVAC systems to meet regulatory mandates and reduce energy costs. Moreover, these regulations raise homeowners' awareness of the benefits associated with energy-efficient HVAC systems, leading to heightened demand for such products.
This heightened demand incentivizes manufacturers to innovate and diversify their product portfolios to cater to the expanding market needs, thereby driving the demand for energy-efficient HVAC systems.
Growing Demand for Improved Indoor and Outdoor Air Quality Drive the HVAC System Market
The increasing emphasis on enhanced indoor and outdoor air quality acts as a key catalyst driving growth within the HVAC system market. Growing recognition of the vital importance of air quality compels both residential and commercial property owners to invest in HVAC systems capable of efficiently filtering and purifying indoor air while reducing outdoor emissions.
Consequently, there is a rising demand for advanced HVAC systems equipped with state-of-the-art filtration technologies such as HEPA filters and UV-C light sterilization, designed to eliminate pollutants, allergens, and pathogens from indoor spaces. This trend incentivizes HVAC manufacturers to innovate and develop new solutions prioritizing air quality enhancement, thereby propelling the expansion of the HVAC system market.
Regulatory Compliance Associated with HVAC Systems Impede the Market Expansion
Regulatory compliance represents a formidable barrier to the expansion of the HVAC sector. Comprising a plethora of mandates from governmental bodies and industry entities, compliance entails adherence to a myriad of laws, regulations, and standards.
These encompass diverse facets such as energy efficiency, emissions, refrigerants, and construction codes. Achieving compliance necessitates substantial investments in research, development, and technological advancements to ensure alignment with prescribed norms. However, for smaller enterprises or those constrained by limited resources, navigating this intricate regulatory terrain proves daunting, potentially obstructing market entry or growth.
Furthermore, compliance endeavors often divert attention and resources away from innovation and product enhancement, as companies prioritize meeting regulatory requisites over investing in novel technologies or refining existing ones. Consequently, regulatory adherence acts as a deterrent to HVAC market expansion, imposing additional costs and intricacies on industry stakeholders and impeding their ability to fully exploit market prospects.
Integration of Solar-Powered HVAC Systems Creates Opportunity Growth for the Market
Solar-powered HVAC systems, utilizing photovoltaic technology to power heating, ventilation, and air conditioning operations, emerge as a promising avenue for market expansion within the HVAC industry.
Through the deployment of these systems, equipped with solar panels positioned on rooftops or designated areas, consumers can substantially decrease reliance on grid electricity, resulting in notable energy cost reductions. With ongoing advancements in solar panel efficiency, energy storage capabilities, and system integration techniques, solar-powered HVAC solutions are progressively becoming economically viable.
Additionally, these systems contribute to carbon emission reduction and advocate sustainability, in harmony with escalating environmental concerns and regulatory standards globally. The growing demand for energy-efficient and eco-friendly alternatives among businesses and homeowners accentuates the compelling opportunity for market growth through the widespread adoption of solar-powered HVAC systems, fostering innovation and investment in renewable energy technologies within the HVAC sector.
Competitive Landscape
The market players operating in the U.S. HVAC System market include Trane Technologies, Lennox International, Rheem Manufacturing, Goodman Global, Johnson Controls, Samsung HVAC, AAON, Inc., Panasonic, LG Electronics USA, Fujitsu General America, Danfoss, Bard Manufacturing Company, Magic-Pak (AddAir), Modine Manufacturing Company, Carrier Global Corporation, and others.
The U.S. HVAC System Market Key Segments
By Equipment
-
Room‐Level Air Conditioners
-
Window
-
Industrial
-
Portable
-
Cassette (ceiling-mounted)
-
Floor-standing console
-
-
Split Air Conditioners
-
Single-split (1 indoor + 1 outdoor)
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Multi-split (≥2 indoors + 1 outdoor)
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VRF/VRV
-
-
Packaged & Central AC Units
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Rooftop packaged units
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Self-contained packaged units
-
Central chiller and AHU systems
-
-
Chillers
-
Air-cooled
-
Water-cooled
-
Absorption
-
-
Heating Equipment
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Heat Pumps
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Furnaces
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Boilers
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Unit Heaters
-
-
Ventilation Equipment
-
Air Handling Units (AHUs)
-
Fans & Blowers
-
Air Filtration Systems
-
Air Purification Systems
-
-
Humidity Control
-
Humidifiers
-
Dehumidifiers
-
-
Cooling Towers
-
Controls & Thermostats
By System Type
-
Centralized Systems
-
Decentralized Systems
-
Hybrid Systems
By Implementation Type
-
New Construction Buildings
-
Retrofit Buildings
By Technology
-
Inverter Technology
-
Non-Inverter Technology
-
Smart/IoT-enabled
-
Conventional
By Energy Efficiency
-
1 Star
-
2 Star
-
3 Star
-
4 Star
-
5 Star
By Capacity
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Up to 1.5 Ton
-
1.5-3 Ton
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3-5 Ton
-
Above 5 Ton
By Installation/Mounting
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Wall-mounted
-
Ceiling-mounted
-
Floor-standing
-
Ducted
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Window-mounted
-
Portable
By End User
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Commercial
-
Offices
-
Hospitality (Hotels, Restaurants)
-
Healthcare
-
Education
-
Retail
-
Airports
-
-
Residential
-
Industrial
Key Players
-
Trane Technologies
-
Lennox International
-
Rheem Manufacturing
-
Goodman Global
-
Johnson Controls
-
Samsung HVAC
-
AAON, Inc.
-
Panasonic
-
LG Electronics USA
-
Fujitsu General America
-
Danfoss
-
Bard Manufacturing Company
-
Magic-Pak (AddAir)
-
Modine Manufacturing Company
-
Carrier Global Corporation
Report Scope and Segmentation
|
Parameters |
Details |
|
Market Size in 2023 |
USD 52.36 Billion |
|
Revenue Forecast in 2030 |
USD 79.85 Billion |
|
Growth Rate |
CAGR of 5.7% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
About the Author
Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others.
About the Reviewer
Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.
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