France Hvac Systems Market Size & Outlook, 2023-2030
France hvac systems market, 2018-2030 (US$M)
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France hvac systems market highlights
- The France hvac systems market generated a revenue of USD 9,453.7 million in 2023 and is expected to reach USD 17,427.3 million by 2030.
- The France market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, heat pump was the largest revenue generating equipment in 2023.
- Heat Pump 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 9,453.7 million |
| Market revenue in 2030 | USD 17,427.3 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Heat pump |
| Fastest growing segment | Heat Pump |
| 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, France accounted for 4.0% 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 Europe, France hvac systems market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 17,427.3 million by 2030.
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HVAC Systems Market Scope
HVAC Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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.
Heat pump was the largest segment with a revenue share of 45.5% in 2023. Horizon Databook has segmented the France 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.
Industrial production in France increased by 1.1% in December 2022, following a 2% gain in November 2022, primarily due to a resurgence in power production. Moreover, manufacturing production increased by 0.3% in December 2022 compared to December 2021, following a 2.4% increase in November 2021.
The industrial production recovery was mostly driven by transportation equipment production, which is still recovering after months of supply chain disruption due to pandemic restrictions. Thus, rising industrial production in France is likely to drive HVAC systems’ demand in the coming years.
Furthermore, the total building investment in France in 2021 was USD 357.65 billion, representing a 10.5% increase compared to 2020. Therefore, rising investment in building construction is predicted to fuel the demand for HVAC systems.
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Horizon Databook provides a detailed overview of country-level data and insights on the France hvac systems market , including forecasts for subscribers. This country databook contains high-level insights into France hvac systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France hvac systems market size, by equipment, 2018-2030 (US$M)
France HVAC Systems Market Outlook Share, 2023 & 2030 (US$M)
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