Chile Hvac Systems Market Size & Outlook, 2023-2030
Chile hvac systems market, 2018-2030 (US$M)
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Chile hvac systems market highlights
- The Chile hvac systems market generated a revenue of USD 1,318.8 million in 2023 and is expected to reach USD 1,841.1 million by 2030.
- The Chile market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, air conditioning was the largest revenue generating equipment in 2023.
- Air Purifier is the most lucrative equipment segment registering the fastest growth during the forecast period.
Hvac systems market data book summary
| Market revenue in 2023 | USD 1,318.8 million |
| Market revenue in 2030 | USD 1,841.1 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Air conditioning |
| Fastest growing segment | Air Purifier |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat Pump, Furnace, Unitary Heaters, Boilers, Air Purifier, Dehumidifier, Air Handling Units, Ventilation Fans, Air Conditioning, Chillers, Cooling Towers |
| Key market players worldwide | Carrier Global Corp Ordinary Shares, Daikin Industries Ltd, Fujitsu Ltd, Haier, Hitachi Ltd, Johnson Controls International PLC, LG Electronics Inc ADR, Lennox International Inc, Mitsubishi Electric Corp, Samsung Electronics Co Ltd, Trane Technologies PLC Class A |
Other key industry trends
- In terms of revenue, Chile accounted for 0.6% of the global hvac systems market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hvac systems market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7,161.4 million by 2030.
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HVAC Systems Market Scope
HVAC Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Chile hvac systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hvac systems market will help companies and investors design strategic landscapes.
Air conditioning was the largest segment with a revenue share of 57.41% in 2023. Horizon Databook has segmented the Chile hvac systems market based on heat pump, furnace, unitary heaters, boilers, air purifier, dehumidifier, air handling units, ventilation fans, air conditioning, chillers, cooling towers covering the revenue growth of each sub-segment from 2018 to 2030.
Chile has diverse climatic conditions from the arid Atacama desert to the colder southern regions. These diverse climatic conditions require HVAC systems for both heating and cooling. Further, the ongoing urbanization and rising investments in commercial and residential buildings is driving the HVAC systems market.
According to a report published by the International Trade Administration (ITA), in March 2022, the Chilean government proposed tax reforms to support social spending and finance social programs across energy, water, and healthcare sectors.
HVAC systems are used in the energy and healthcare sectors as complementary equipment. Hence, with growth in energy and healthcare and rising urbanization, the market for HVAC systems is expected to improve over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Chile hvac systems market , including forecasts for subscribers. This country databook contains high-level insights into Chile hvac systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Chile hvac systems market size, by equipment, 2018-2030 (US$M)
Chile HVAC Systems Market Outlook Share, 2023 & 2030 (US$M)
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