United States HVAC Market to Grow with a CAGR of 7.87% through 2030F

The United States HVAC Market is driven by increasing construction activities, energy efficiency demands, climate change, technological advancements, and rising consumer awareness of indoor air quality.

According to TechSci Research report, “United States HVAC Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the United States HVAC Market was valued at USD 31.26 Billion in 2024 and is expected to reach USD 38.45 Billion by 2030 with a CAGR of 7.87% during the forecast period. The United States HVAC market has experienced substantial growth in recent years, due to the aging infrastructure across the region. Many older buildings, both residential and commercial, rely on outdated HVAC systems that are inefficient and costly to maintain. As these systems reach the end of their operational life, there is an increasing demand for replacements and upgrades to meet modern energy efficiency standards and improve indoor comfort. Older HVAC systems often lack advanced features like smart thermostats, energy-saving capabilities, or improved air filtration, which newer systems provide. Also, the need to comply with stricter building codes and energy efficiency regulations further drives the demand for system replacements. As infrastructure ages and becomes less efficient, businesses and homeowners are investing in modern HVAC solutions that not only reduce energy consumption but also offer long-term cost savings. This trend is expected to continue as more buildings undergo renovation or are repurposed for new uses, making it a key driver in the HVAC market.

The United States HVAC market is primarily driven owing to the technological advancements across the region transforming how heating, ventilation, and air conditioning systems operate. Innovations such as smart thermostats, IoT integration, and AI-powered systems allow users to remotely control their HVAC systems, optimizing energy usage and enhancing convenience. These technologies help improve efficiency, reduce energy consumption, and provide real-time data for system maintenance. Also, advancements in energy-efficient compressors, variable-speed motors, and eco-friendly refrigerants contribute to more sustainable HVAC systems that align with growing environmental concerns. Smart HVAC systems can learn user preferences and adjust settings automatically, enhancing comfort while minimizing energy waste. These technological improvements are not only appealing to consumers looking for cost-effective solutions but are also crucial for complying with evolving energy efficiency standards and government regulations, making them an essential factor driving the market.

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The United States HVAC Market is segmented into equipment, end user and region.

Based on equipment, humidifier & dehumidifier is the fastest-growing segment in the United States HVAC market driven by increasing consumer awareness of indoor air quality and comfort. As people spend more time indoors, especially in regions with extreme weather conditions, maintaining optimal humidity levels has become a priority. Humidifiers help alleviate dry air during the winter, while dehumidifiers prevent excessive moisture, which can lead to mold growth and poor air quality. With rising concerns about health, allergens, and respiratory conditions, consumers are increasingly seeking these products to improve their living environments. Also, industries like healthcare, hospitality, and commercial spaces are adopting these systems to create healthier, more comfortable indoor conditions. The growing trend of smart home integration also contributes to this segment’s growth, as consumers demand connected, energy-efficient humidity control solutions for enhanced convenience and better energy management. As awareness of the importance of humidity regulation continues to rise, the demand for humidifiers and dehumidifiers is expected to keep expanding.

Based on region, Northeast region of is the fastest growing in the United States HVAC market driven by a combination of factors such as fluctuating seasonal temperatures and increasing demand for energy-efficient solutions. The region experiences harsh winters and hot summers, making reliable heating and cooling systems essential for both residential and commercial buildings. This has led to higher adoption of advanced HVAC systems that provide consistent comfort throughout the year. Also, stricter energy efficiency regulations and growing consumer awareness of environmental sustainability are driving demand for eco-friendly, high-performance HVAC systems. The Northeast’s aging infrastructure also contributes to the market’s growth, as older HVAC systems need to be replaced or upgraded to meet modern standards. Also, the region's focus on energy-efficient buildings and sustainable technologies, combined with government incentives, has further fuelled the adoption of advanced HVAC solutions, making it a rapidly expanding market.

Major companies operating in United States HVAC Market are:

• Daikin North America LLC
• Johnson Controls International plc
• Nortek Global HVAC LLC
• Danfoss
• LG Electronics U.S.A., Inc.
• Mitsubishi Corporation
• Rheem Manufacturing Company
• Ab Electrolux
• Carrier Global Corporation
• Samsung Electronics Co., Ltd

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“The United States HVAC Market is driven by rising energy costs, pushing both residential and commercial consumers to invest in more energy-efficient heating and cooling systems. As utility prices continue to climb, the need for HVAC systems that can reduce energy consumption without sacrificing comfort becomes increasingly important. Consumers are seeking systems that offer long-term cost savings through advanced technologies such as variable-speed motors, smart thermostats, and high-efficiency heat pumps. In addition, rising energy costs are encouraging the adoption of renewable energy solutions, such as solar-assisted HVAC systems, that help reduce reliance on traditional energy sources. The increased focus on energy efficiency also aligns with government incentives and regulations promoting sustainable practices, further driving the demand for eco-friendly HVAC solutions. As energy prices continue to rise, the demand for energy-efficient HVAC systems is expected to keep growing, making energy savings a top priority for consumers and businesses alike.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“United States HVAC Market By Equipment (Heat Pump, Air Conditioner, Humidifier & Dehumidifier, Others), By End User (Residential, Commercial, Industrial), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of United States HVAC Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States HVAC Market.

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