Italy Hvac Systems Market Size & Outlook, 2023-2030
Italy hvac systems market, 2018-2030 (US$M)
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Italy hvac systems market highlights
- The Italy hvac systems market generated a revenue of USD 8,183.1 million in 2023 and is expected to reach USD 13,094.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.9% 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 8,183.1 million |
| Market revenue in 2030 | USD 13,094.8 million |
| Growth rate | 6.9% (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, Italy accounted for 3.5% 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 |
|---|
Italy 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 37.46% in 2023. Horizon Databook has segmented the Italy 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.
Italy places a significant emphasis on energy efficiency and sustainability. The demand for HVAC systems in Italy is driven by the need to comply with energy efficiency regulations and to reduce the overall energy consumption in buildings.
Italy has adopted the Energy Performance of Buildings Directive (EPBD) and established its own regulations, such as the Decreto del Presidente del Consiglio dei Ministri (DPCM), to promote energy efficiency in buildings, influencing the demand for energy-efficient HVAC solutions.
The country places a strong emphasis on indoor comfort and air quality, influencing the demand for HVAC systems that can provide optimal conditions. This includes ventilation systems, air purification technologies, and climate control solutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy hvac systems market , including forecasts for subscribers. This country databook contains high-level insights into Italy hvac systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy hvac systems market size, by equipment, 2018-2030 (US$M)
Italy HVAC Systems Market Outlook Share, 2023 & 2030 (US$M)
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