Commercial HVAC System Market Size, Share & Industry Analysis, By Product Type (Heating Equipment {Boilers, Heat Pumps, Furnaces, and Unit Heaters}, Cooling Equipment {Unitary AC, VRF Systems, Chillers, Room AC, & Coolers and Cooling Towers}, and Ventilation Equipment {Air-Handling Units, Air Filters & Purifiers, & Ventilation Fans}), By Capacity (Up to 10 Tons, 10 to 25 Tons, & Above 25 Tons), By Application (Office Buildings, Retail Spaces, Hospitality, Healthcare, Education, Transportation & Public Venues, and Government & Institutional Buildings), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI112426

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2024
Estimated Year	2025
Forecast Period	2025-2032
Growth Rate	CAGR of 5.70% from 2025-2032
Historical Period	2019-2023
Unit	Value (USD Billion)
Segmentation	By Product Type · Heating Equipment o Boilers o Heat Pumps o Furnaces o Unit Heaters · Cooling Equipment o Unitary Air Conditioners o VRF Systems o Chillers o Room Air Conditioner o Coolers and Cooling Towers · Ventilation Equipment o Air-Handling Units o Air Filters o Air Purifiers o Ventilation Fans o Others (Humidifiers, etc.)
	By Capacity · Up to 10 Tons · 10 to 25 Tons · Above 25 Tons
	By Application · Office Buildings & Corporate Campuses · Retail Spaces · Hospitality · Healthcare · Education · Transportation & Public Venues · Government & Institutional Buildings · Others
	By Region · North America (By Product type, Capacity, Application and Country/Sub-region) o U.S. (By Product type) o Canada (By Product type) · Europe (By Product type, Capacity, Application and Country/Sub-region) o U.K. (By Product type ) o Germany (By Product type ) o France (By Product type ) o Italy (By product type) o Spain (By product type) o Scandinavia (By product type) o Rest of Europe (By product type) · Asia Pacific (By Deployment Type, End-User, and Country/Sub-region) o China (By product type) o Japan (By product type) o India (By product type) o Australia (By product type) o Southeast Asia (By product type) o Rest of Asia Pacific (By product type) · Latin America (By Deployment, Type, End-User, and Country/Sub-region) o Argentina (By product type) o Brazil (By product type) o Rest of Latin America (By product type) · Middle East & Africa (By Deployment, Type, End-User, and Country/Sub-region) o GCC (By product type) o South Africa (By product type) · Rest of the Middle East & Africa (By product type )