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The Europe HVAC market size was valued at USD 45 billion in 2025 and is expected to reach USD 58.67 billion by 2031. 

How big is the Europe HVAC market?

The Europe HVAC market size was valued at USD 45 billion in 2025 and is expected to reach USD 58.67 billion by 2031, growing at a CAGR of 4.52% during the forecast period.

Europe HVAC Market Size, Share | Growth Forecast, Report 2031

Europe HVAC Market Research Report 2026-2031

Chapter 1- Scope &amp; Coverage MARKET DEFINITION <ol><li data-list="bullet">INCLUSION </li><li data-list="bullet">EXCLUSIONS </li><li data-list="bullet">MARKET ESTIMATION CAVEATS </li></ol>MARKET DERIVATION <ol><li data-list="bullet">MARKET SEGMENTATION BY EQUIPMENT</li><li data-list="bullet">MARKET SEGMENTATION BY HEATING</li><li data-list="bullet">MARKET SEGMENTATION BY AIR CONDITIONING</li><li data-list="bullet">MARKET SEGMENTATION BY VENTILATION</li><li data-list="bullet">MARKET SEGMENTATION BY END-USER</li><li data-list="bullet">MARKET SEGMENTATION BY SALES CHANNEL</li></ol>Chapter 2- Premium Insights Chapter 3- Market Dynamics INTRODUCTION <ol><li data-list="bullet">OVERVIEW </li><li data-list="bullet">REGULATIONS &amp; SUSTAINABILITY DRIVE EUROPE HVAC MARKET</li><li data-list="bullet">INNOVATION DRIVEN BY REGULATION AND ELECTRIFICATION IN THE EUROPEAN HVAC MARKET</li><li data-list="bullet">HEAT PUMP MARKET DYNAMICS IN EUROPE</li><li data-list="bullet">PROS AND CONS OF SMART HVAC SYSTEMS</li></ol>MARKET OPPORTUNITIES &amp; TRENDS <ol><li data-list="bullet">GROWTH OF AI-DRIVEN SMART HVAC ECOSYSTEMS</li><li data-list="bullet">RAPID ADOPTION OF LIQUID COOLING FOR DATA CENTERS</li><li data-list="bullet">SHIFT TOWARD LOW-GWP REFRIGERANTS &amp; SUSTAINABLE COOLING TECHNOLOGIES</li><li data-list="bullet">SHIFT TOWARD MODULAR &amp; DECENTRALIZED HVAC SOLUTIONS </li><li data-list="bullet">SURGE IN VRF &amp; HIGH-EFFICIENCY HVAC TECHNOLOGIES</li></ol>MARKET GROWTH ENABLERS <ol><li data-list="bullet">EXPANSION OF URBAN INFRASTRUCTURE AND COMMERCIAL CONSTRUCTION</li><li data-list="bullet">RISING DEMAND FOR COOLING AND HEATING DUE TO CLIMATE CHANGE</li><li data-list="bullet">GROWTH IN RENOVATION AND HOME IMPROVEMENT PROGRAMS</li><li data-list="bullet">IMPLEMENTATION OF STRICT EU ENERGY AND F-GAS REGULATIONS</li><li data-list="bullet">INCREASE IN GOVERNMENT SUBSIDIES AND GREEN FINANCING PROGRAMS</li></ol>MARKET RESTRAINTS <ol><li data-list="bullet">HIGH UPFRONT EXPENDITURE</li><li data-list="bullet">SUPPLY-CHAIN INFLATION PRESSURES PROFITABILITY</li><li data-list="bullet">SHORTAGE OF SKILLED WORKFORCE</li><li data-list="bullet">OEM RE-TOOLING PRESSURE FROM REFRIGERANT TRANSITION UNCERTAINTY</li></ol>MARKET LANDSCAPE <ol><li data-list="bullet">MARKET OVERVIEW</li><li data-list="bullet">MARKET SIZE &amp; FORECAST</li><li data-list="bullet">FIVE FORCES ANALYSIS</li><li data-list="bullet">VALUE CHAIN ANALYSIS</li></ol>CHAPTER 4- MARKET SEGMENTATION EQUIPMENT (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">HEATING</li><li data-list="bullet">AIR CONDITIONING</li><li data-list="bullet">VENTILATION</li></ol>HEATING (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">HEAT PUMPS</li><li data-list="bullet">BOILER UNITS</li><li data-list="bullet">FURNACES</li><li data-list="bullet">OTHER HEATING EQUIPMENT</li></ol>AIR CONDITIONING (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">RAC</li><li data-list="bullet">CAC</li><li data-list="bullet">CHILLERS</li><li data-list="bullet">VRF/VRV</li><li data-list="bullet">OTHER AIR CODITIONING EQUIPMENT</li></ol>VENTILATION (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">AHU</li><li data-list="bullet">FAN COIL UNITS</li><li data-list="bullet">HUMIDIFIERS &amp; DEHUMIDIFIERS</li><li data-list="bullet">OTHER VENTILATION EQUIPMENT</li></ol>END-USER (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">RESIDENTIAL</li><li data-list="bullet">COMMERCIAL</li><li data-list="bullet">INDUSTRIAL</li></ol>SALES CHANNEL (MARKET SIZE &amp; FORECAST: 2022-2031) <ol><li data-list="bullet">DISTRIBUTOS &amp; WHOLESALERS</li><li data-list="bullet">DEALERS &amp; INSTALLERS</li><li data-list="bullet">OEM DIRECT SALES</li><li data-list="bullet">RETAIL &amp; E-COMMERCE</li></ol>CHAPTER 5- GEOGRAPHY SEGMENTATION GEOGRAPHY SEGMENTATION (MARKET SIZE &amp; FORECAST: 2022-2031)WESTERN &amp; SOUTHERN EUROPE<ol><li data-list="bullet">GERMANY</li><li data-list="bullet">FRANCE</li><li data-list="bullet">UK</li><li data-list="bullet">ITALY</li><li data-list="bullet">SPAIN</li><li data-list="bullet">NETHERLANDS</li><li data-list="bullet">SWITZERLAND</li><li data-list="bullet">BELGIUM</li><li data-list="bullet">AUSTRIA</li><li data-list="bullet">PORTUGAL</li><li data-list="bullet">GREECE</li><li data-list="bullet">IRELAND</li></ol>CENTRAL &amp; EASTERN EUROPE<ol><li data-list="bullet">POLAND</li><li data-list="bullet">RUSSIA</li><li data-list="bullet">CZECH REPUBLIC</li><li data-list="bullet">ROMANIA</li><li data-list="bullet">HUNGARY</li><li data-list="bullet">SLOVAKIA</li><li data-list="bullet">UKRAINE</li></ol>NORDICS<ol><li data-list="bullet">SWEDEN</li><li data-list="bullet">NORWAY</li><li data-list="bullet">FINLAND</li><li data-list="bullet">DENMARK</li></ol>CHAPTER 6- COMPETITIVE LANDSCAPE COMPETITIVE LANDSCAPE <ol><li data-list="bullet">COMPETITION OVERVIEW </li><li data-list="bullet">RECENT DEVELOPMENTS</li><li data-list="bullet">BUYER DECISION FACTORS</li><li data-list="bullet">KEY GROWTH STRATEGIES ADOPTED BY HVAC VENDORS</li></ol>KEY COMPANY PROFILES OTHER PROMINENT COMPANY PROFILES REPORT SUMMARY <ol><li data-list="bullet">KEY TAKEAWAYS </li><li data-list="bullet">STRATEGIC RECOMMENDATIONS </li></ol>

THE EUROPE HVAC MARKET SIZE WAS VALUED AT USD 45 BILLION IN 2025 AND IS EXPECTED TO REACH USD 58.67 BILLION BY 2031, GROWING AT A CAGR OF 4.52% DURING THE FORECAST PERIOD.

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