Report Description Table of Contents The HVAC rooftop units market is projected to grow substantially from 2023 to 2030 at a compound annual growth rate (CAGR) of approximately 6.2%. The need for more energy-efficient solutions, smart control technology innovations, and stringent measures to reduce carbon dioxide emissions are the driving factors for the HVAC rooftop unit market. Additionally, the demand for easy-to-install and maintain HVAC systems in commercial buildings boosts market growth. HVAC rooftop units are independent units for cooling, heating, and ventilation. These are mounted on the rooftop of a building to regulate indoor temperatures by offering cooling, heating, and ventilation, all from a single compact unit. The market for HVAC rooftop units is expected to show significant growth due to factors such as an increased demand for energy-efficient solutions, technological advancements, and the adoption of smart control. There is a big market penetration since over 60% of the commercial HVAC market in the U.S. relates to rooftop units. Replacing old units with high-efficiency models could save 20-30% of energy, whereas 30-40% of the newly installed equipment works with smart controls for better energy management. In addition, greenhouse gas emissions can be curtailed by up to 15% with the transition to energy-efficient units. Market Drivers for Advanced HVAC Rooftop Units Global Regulatory Trends Promote Energy-Efficient HVAC Upgrades Environmental regulations that are more stringent form a significant driver within the HVAC rooftop unit sector. For instance, in the USA, the Environmental Protection Agency (EPA) has effected, through the Clean Air Act, regulations that phase out high-global warming potential (GWP) refrigerants. Such trends have motivated more adoption of HVAC systems utilizing low-GWP refrigerants, which drive the call for newer units made friendlier with the environment. Additionally, the F-Gas Regulation by the European Union aims to reduce the union's fluorinated greenhouse gases by two-thirds come 2030, thus driving manufacturers and consumers of HVAC solutions towards sustainable solutions. The two provide enough motivation for businesses to upgrade toward systems that are energy-efficient and compliant to steer clear of penalties and lower their carbon footprint. Cost Savings and Sustainability Drive Demand for Energy-Efficient Rooftop HVAC Units The growing demand for energy-efficient HVAC solutions is boosting market demand for HVAC rooftop unit For instance, the U.S. Department of Energy estimates that commercial buildings can reduce energy consumption by up to 30% by upgrading to high-efficiency HVAC systems. Energy-efficient solutions such as rooftop HVACs equipped with an EER rating of 12-14 can save businesses thousands of dollars in reduced operational costs annually. Also, a reduction in CO2 emission can be achieved by using energy-efficient solutions, about 15% of which contribute to sustainable environmental endeavors. These advantages drive the market demand for new, more energy-efficient HVAC Rooftop units. Market Restraints in the Adoption of Advanced HVAC Rooftop Units • High Initial Costs: The cost of acquiring and installing energy-efficient, advanced HVAC rooftop units is high compared to traditional systems, which may deter businesses from adopting them. • Maintenance and Technical Complexity: Most advanced HVAC systems require technically intensive and specialized maintenance. This escalates the overall operational costs, posing a challenge to businesses that lack skilled personnel. • Regulatory Compliance Costs: Stringent environmental regulations impose additional costs on businesses, such as retrofitting existing systems or transitioning to low-GWP refrigerants, which may result in financial hardship. • Availability of Alternatives: The availability of alternative solutions to cooling and heating, such as split systems or decentralized HVAC systems, limits the adoption of rooftop units. Market Opportunity Green Building Initiatives Propel HVAC Rooftop Unit Market Growth Increasing attention towards ecological building practices and certifications such as LEED (Leadership in Energy and Environmental Design) has necessitated energy-efficient HVAC systems. The HVAC rooftop units present a major market opportunity for green building initiatives. Per the U.S. Green Building Council (USGBC), LEED-certified buildings can cut down their energy usage by 30-50%, water consumption by 30-40%, and carbon dioxide emissions by 35%. This reduction is highly attractive to owners and operators of buildings since it demands the use of energy-efficient HVAC systems that contribute to LEED certification. Moreover, the global market for green buildings is projected to grow at an average rate of 14 percent per annum, which indicates a strong and growing demand for eco-friendly HVAC solutions. Companies can access this expanding market segment by developing and marketing HVAC rooftop units that comply with these standards. Smart HVAC Systems: A Booming Market Opportunity Growing demand for smart HVAC systems represents a significant market opportunity. The integration of IoT and smart technologies in HVAC rooftop units enables real-time monitoring, predictive maintenance, and enhanced energy management, which are highly attractive features for businesses. According to industry estimates, smart HVAC systems can reduce energy consumption by 20-30% via optimization performance and prediction maintenance measures. Moreover, the worldwide smart HVAC market will grow at a 10% CAGR from 2023 to 2030. These benefits include better indoor air quality or higher operational efficiency serve as additional drivers for their adoption. Market Segmentation Product Type: Single-zone Units Multi-zone Units Heat Pumps Packaged Systems Application: Commercial Buildings Industrial Facilities Residential Buildings End-User: Retail Healthcare Education Government Hospitality Offices Technology: Conventional Smart HVAC Systems By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific China India South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Saudi Arabia Argentina Uruguay Rest of LAMEA Efficiency and Integration Drive Dominance of Packaged HVAC Systems By Product type, the packaged systems segment held the largest market share due to its comprehensive and efficient design. These systems are efficient as they integrate heating, cooling as well as air handling components into one unit making them easier to install and maintain. The United States commercial buildings account for approximately 70% of all packaged systems used because these units aid in space achievement while minimizing energy loss. Additionally, they boast energy savings that can be as high as 20-30%. This combination of efficiency, ease of installation, and cost-saving makes packaged systems a dominant market. Energy Savings Drive HVAC Adoption in Commercial Spaces By Application, the Commercial Buildings segment held the largest market share. Commercial buildings represent over 60% of all installed HVAC rooftop units due to the high demand for efficient climate control in office spaces, retail stores, hospitals, and educational institutions. Commercial buildings often benefit from energy savings and reduced operation costs, which may result from up to 30% reduction in energy consumption using energy-efficient rooftop units. This significant demand for efficient, cost-saving HVAC solutions in commercial buildings drives the dominance of this segment in the market. Offices Dominate Market Share in HVAC Rooftop Unit Installations The office segment accounted for the highest market share based on end use. Offices contributed significantly towards the installation of HVAC rooftop units due to the necessity for precise and efficient climate control to maintain a comfortable working environment for employees. Furthermore, it has been estimated that up to 40% of total energy consumed comes from heating, ventilation, and air conditioning (HVAC) equipment used mainly in offices. Additionally, the drive to reduce operational costs and improve energy efficiency in large office buildings leads to the widespread adoption of advanced HVAC rooftop units. Energy Efficiency Drives Adoption of Smart HVAC Systems By technology, the smart HVAC systems segment held the largest market share. Smart HVAC systems that encompass IoT and advanced control technologies have benefitted from real-time monitoring, predictive maintenance as well as improved energy management. These systems can reduce energy consumption by up to 20-30% compared to conventional systems, making them highly attractive to businesses looking to optimize operational efficiency and reduce costs. The advancements in smart technology with an increasing emphasis on energy efficiency have propelled faster adoption of this technology than traditional methods. Energy Efficiency and Regulations Drive HVAC Demand in North America The North America region is the dominating market for HVAC rooftop units. HVAC rooftop units are particularly popular in the United States, accounting for over 60% of the commercial HVAC market. The increasing demand for modern HVAC systems in this region is driven by the energy efficiency focus supported by various government incentives and strict regulatory standards. For instance, according to the United States Department of Energy (DOE), buildings that meet its energy efficiency standards can reduce their energy consumption by 30%. Furthermore, regulations like the Clean Air Act also require low-GWP refrigerants and the use of efficient energy technologies, thereby ensuring compliance and promoting the use of advanced HVAC solutions. Additionally, the high rate of commercial construction and the need for reliable, efficient climate control systems in various industries contribute to North America's leading position in the market. Key Players Carrier Corporation Trane Inc. Daikin Industries, Ltd. Johnson Controls International plc Lennox International Inc. Rheem Manufacturing Company York International Corporation Mitsubishi Electric Corporation Goodman Manufacturing Company, L.P. AAON, Inc. Samsung HVAC Haier Group Corporation GREE Electric Appliances Inc. LG Electronics Bosch Thermotechnology Recent Development In June 2024, Carrier collaborated with the US Department of Energy to develop next-generation heat pump technologies for light commercial rooftop units. This collaboration aims to lower energy costs and reduce greenhouse gas emissions by up to 50% compared to traditional natural gas-burning models. In May 2024, To comply with the 2025 low GWP refrigerant standards, Lennox, a leading supplier of cutting-edge climate solutions, announced the launch of low global warming potential (GWP) light commercial and ducted residential HVAC systems. Since low GWP refrigerants drastically lessen the impact of damaging greenhouse gases, this change is good for the environment. This move aligns with Lennox's guiding principles of sustainability and attention to the environment and community. Frequently Asked Question About This Report . Table of Contents 1. EXECUTIVE SUMMARY 1.1. Market Attractiveness 1.2. Understanding the Target Customers 1.3. CXO perspective 1.4. Global HVAC Rooftop Units Market, Historical Market Size & Future Projections Analysis 1.5. Global HVAC Rooftop Units Market, By Product Type 1.6. Global HVAC Rooftop Units Market, By Application 1.7. Global HVAC Rooftop Units Market, By Technology 1.8. Global HVAC Rooftop Units Market, By End User 1.9. Global HVAC Rooftop Units Market, By Region 2. MARKET SHARE ANALYSIS 2.1. Top 10 Players with Revenue and Sales Volume 2.2. Market Share, 2024 3. SALES VOLUME (METRIC TONNES), BY REGION 3.1. Europe (UK, Germany, France, Netherlands, Italy, Spain, Belgium, Sweden, Denmark, Norway, Aland Islands, Rest of Europe) 3.2. Asia (China, Japan, South Korea, India, Indonesia, Rest of Asia) 3.3. Middle-East (Israel, Saudi Arabia, UAE, Qatar, Egypt, Kuwait, Bahrain, and Others) 4. INVESTMENT OPPORTUNITIES IN THE MARKET 4.1. On Going Market Developments 4.2. Merger & Acquisition Trends 4.3. Key Investment Opportunities 4.4. Most Potential Product Type Segments from Growth and Investment Perspective 5. MARKET INTRODUCTION 5.1. Definition 5.2. Scope of the Study 5.3. Market Structure 5.4. Macro Factor Indicator Analysis 5.5. Key findings 5.5.1. Top investment pockets 6. RESEARCH METHODOLOGY 6.1. Research Process 6.2. Primary Research 6.3. Secondary Research 6.4. Market Size Estimation 6.5. Forecast Model 7. MARKET DYNAMICS 7.1. Introduction 7.2. Drivers 7.3. Restraints 7.4. Opportunities 7.5. Challenges 7.6. Covid 19 Impact Analysis 8. GLOBAL HVAC ROOFTOP UNITS MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS) 8.1. Overview 8.2. Global HVAC Rooftop Units Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 8.3. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 8.4. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Product Type 8.4.1. Single-zone Units 8.4.2. Multi-zone Units 8.4.3. Heat Pumps 8.4.4. Packaged Systems 8.5. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 8.5.1. Commercial Buildings 8.5.2. Industrial Facilities 8.5.3. Residential Buildings 8.6. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Technology 8.6.1. Conventional 8.6.2. Smart HVAC Systems 8.7. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-User 8.7.1. Education 8.7.2. HEALTHCARE 8.7.3. Education 8.7.4. Government 8.7.5. Hospitality 8.7.6. Offices 8.8. Global HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Geography 8.8.1. Asia 8.8.2. North America 8.8.3. Europe 8.8.4. Middle East 9. NORTH AMERICA HVAC ROOFTOP UNITS MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS) 9.1. Overview 9.2. North America HVAC Rooftop Units Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 9.3. North America HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 9.4. North America HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Product Type 9.4.1. Single-zone Units 9.4.2. Multi-zone Units 9.4.3. Heat Pumps 9.4.4. Packaged Systems 9.5. North America HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 9.5.1. Commercial Buildings 9.5.2. Industrial Facilities 9.5.3. Residential Buildings 9.6. North America HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Technology 9.6.1. Conventional 9.6.2. Smart HVAC Systems 9.7. North America HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-User 9.7.1. Education 9.7.2. HEALTHCARE 9.7.3. Education 9.7.4. Government 9.7.5. Hospitality 9.7.6. Offices 9.8. North America Residential Buildings HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Geography 9.8.1. USA 9.8.2. Canada 9.8.3. Rest of North America 10. EUROPE GLOBAL HVAC ROOFTOP UNITS MARKET ANALYSIS 10.1. Overview 10.2. Europe HVAC Rooftop Units Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 10.3. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 10.4. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Product Type 10.4.1. Single-zone Units 10.4.2. Multi-zone Units 10.4.3. Heat Pumps 10.4.4. Packaged Systems 10.5. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 10.5.1. Commercial Buildings 10.5.2. Industrial Facilities 10.5.3. Residential Buildings 10.6. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Technology 10.6.1. Conventional 10.6.2. Smart HVAC Systems 10.7. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-User 10.7.1. Education 10.7.2. HEALTHCARE 10.7.3. Education 10.7.4. Government 10.7.5. Hospitality 10.7.6. Offices 10.8. Europe HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 10.8.1. Germany 10.8.2. UK 10.8.3. France 10.8.4. Spain 10.8.5. Italy 10.8.6. Benelux 10.8.7. Rest of Europe 11. ASIA PACIFIC HVAC ROOFTOP UNITS MARKET ANALYSIS 11.1. Overview 11.2. Asia Pacific HVAC Rooftop Units Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 11.3. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 11.4. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Product Type 11.4.1. Single-zone Units 11.4.2. Multi-zone Units 11.4.3. Heat Pumps 11.4.4. Packaged Systems 11.5. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 11.5.1. Commercial Buildings 11.5.2. Industrial Facilities 11.5.3. Residential Buildings 11.6. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Technology 11.6.1. Conventional 11.6.2. Smart HVAC Systems 11.7. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-User 11.7.1. Education 11.7.2. HEALTHCARE 11.7.3. Education 11.7.4. Government 11.7.5. Hospitality 11.7.6. Offices 11.8. Asia Pacific HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 11.8.1. China 11.8.2. Japan 11.8.3. Korea 11.8.4. India 11.8.5. Indonesia 11.8.6. Rest of Asia 12. REST OF THE WORLD HVAC ROOFTOP UNITS MARKET ANALYSIS 12.1. Overview 12.2. Rest of the World HVAC Rooftop Units Market Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 12.3. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 12.4. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Product Type 12.4.1. Single-zone Units 12.4.2. Multi-zone Units 12.4.3. Heat Pumps 12.4.4. Packaged Systems 12.5. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 12.5.1. Commercial Buildings 12.5.2. Industrial Facilities 12.5.3. Residential Buildings 12.6. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Technology 12.6.1. Conventional 12.6.2. Smart HVAC Systems 12.7. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By End-User 12.7.1. Education 12.7.2. HEALTHCARE 12.7.3. Education 12.7.4. Government 12.7.5. Hospitality 12.7.6. Offices 12.8. Rest of the World HVAC Rooftop Units Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 12.8.1. Latin America 12.8.2. Middle East 12.8.3. Africa 13. COMPANY PROFILES 13.1. CARRIER CORPORATION 13.1.1. Company Overview 13.1.2. Company Snapshot 13.1.3. Operating business segments 13.1.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.1.5. Key business performances, strategies and developments 13.2. TRANE INC. 13.2.1. Company Overview 13.2.2. Company Snapshot 13.2.3. Operating business segments 13.2.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.2.5. Key business performances, strategies and developments 13.3. DAIKIN INDUSTRIES, LTD. 13.3.1. Company Overview 13.3.2. Company Snapshot 13.3.3. Operating business segments 13.3.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.3.5. Key business performances, strategies and developments 13.4. JOHNSON CONTROLS INTERNATIONAL PLC 13.4.1. Company Overview 13.4.2. Company Snapshot 13.4.3. Operating business segments 13.4.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.4.5. Key business performances, strategies and developments 13.5. LENNOX INTERNATIONAL INC. 13.5.1. Company Overview 13.5.2. Company Snapshot 13.5.3. Operating business segments 13.5.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.5.5. Key business performances, strategies and developments 13.6. RHEEM MANUFACTURING COMPANY 13.6.1. Company Overview 13.6.2. Company Snapshot 13.6.3. Operating business segments 13.6.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.6.5. Key business performances, strategies and developments 13.7. YORK INTERNATIONAL CORPORATION 13.7.1. Company Overview 13.7.2. Company Snapshot 13.7.3. Operating business segments 13.7.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.7.5. Key business performances, strategies and developments 13.8. MITSUBISHI ELECTRIC CORPORATION 13.8.1. Company Overview 13.8.2. Company Snapshot 13.8.3. Operating business segments 13.8.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.8.5. Key business performances, strategies and developments 13.9. GOODMAN MANUFACTURING COMPANY, L.P. 13.9.1. Company Overview 13.9.2. Company Snapshot 13.9.3. Operating business segments 13.9.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.9.5. Key business performances, strategies and developments 13.10. SAMSUNG HVAC 13.10.1. Company Overview 13.10.2. Company Snapshot 13.10.3. Operating business segments 13.10.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.10.5. Key business performances, strategies and developments 13.11. OTHER MARKET PLAYERS 13.11.1. Company Overview 13.11.2. Company Snapshot 13.11.3. Operating business segments 13.11.4. Product Type offered and Revenue from Global HVAC Rooftop Units Business 13.11.5. Key business performances, strategies and developments LIST OF TABLES 1. TABLE: MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 2. TABLE: MARKET FOR SINGLE-ZONE UNITS, BY REGION, 2024-2032 (USD MILLION) 3. TABLE: MARKET FOR MULTI-ZONE UNITS, BY REGION, 2024-2032 (USD MILLION) 4. TABLE: MARKET FOR HEAT PUMPS, BY REGION, 2024-2032 (USD MILLION) 5. TABLE: MARKET FOR PACKAGED SYSTEMS, BY REGION, 2024-2032 (USD MILLION) 6. TABLE: MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 7. TABLE: MARKET FOR COMMERCIAL BUILDINGS, BY REGION, 2024-2032 (USD MILLION) 8. TABLE: MARKET FOR INDUSTRIAL FACILITIES, BY REGION, 2024-2032 (USD MILLION) 9. TABLE: MARKET FOR RESIDENTIAL BUILDINGS, BY REGION, 2024-2032 (USD MILLION) 10. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 11. TABLE: MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 12. TABLE: MARKET FOR CONVENTIONAL, BY REGION, 2024-2032 (USD MILLION) 13. TABLE: MARKET FOR SMART HVAC SYSTEMS, BY REGION, 2024-2032 (USD MILLION) 14. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 15. TABLE: MARKET, BY END USER, 2024-2032 (USD MILLION) 16. TABLE: MARKET FOR EDUCATION, BY REGION, 2024-2032 (USD MILLION) 17. TABLE: MARKET FOR HEALTHCARE, BY REGION, 2024-2032 (USD MILLION) 18. TABLE: MARKET FOR EDUCATION, BY REGION, 2024-2032 (USD MILLION) 19. TABLE: MARKET FOR GOVERNMENT, BY REGION, 2024-2032 (USD MILLION) 20. TABLE: MARKET FOR MANUFACTURING, BY REGION, 2024-2032 (USD MILLION) 21. TABLE: MARKET FOR OFFICES, BY REGION, 2024-2032 (USD MILLION) 22. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 23. TABLE: MARKET, BY REGION, 2024-2032 (USD MILLION) 24. TABLE: NORTH AMERICA MARKET, BY REGION, 2024-2032 (USD MILLION) 25. TABLE: NORTH AMERICA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 26. TABLE: NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 27. TABLE: NORTH AMERICA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 28. TABLE: NORTH AMERICA MARKET, BY END USER, 2024-2032 (USD MILLION) 29. TABLE: USA MARKET BY PRODUCT TYPE, 2024-2032 (USD MILLION) 30. TABLE: USA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 31. TABLE: USA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 32. TABLE: USA MARKET, BY END USER, 2024-2032 (USD MILLION) 33. TABLE: CALIFORNIA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 34. TABLE: CALIFORNIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 35. TABLE: CALIFORNIA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 36. TABLE: CALIFORNIA MARKET, BY END USER, 2024-2032 (USD MILLION) 37. TABLE: TEXAS MARKET BY PRODUCT TYPE, 2024-2032 (USD MILLION) 38. TABLE: TEXAS MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 39. TABLE: TEXAS MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 40. TABLE: TEXAS MARKET, BY END USER, 2024-2032 (USD MILLION) 41. TABLE: FLORIDA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 42. TABLE: FLORIDA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 43. TABLE: FLORIDA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 44. TABLE: FLORIDA MARKET, BY END USER, 2024-2032 (USD MILLION) 45. TABLE: CANADA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 46. TABLE: CANADA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 47. TABLE: CANADA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 48. TABLE: CANADA MARKET, BY END USER, 2024-2032 (USD MILLION) 49. TABLE: MEXICO MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 50. TABLE: MEXICO MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 51. TABLE: MEXICO MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 52. TABLE: MEXICO MARKET, BY END USER, 2024-2032 (USD MILLION) 53. TABLE: REST OF NORTH AMERICA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 54. TABLE: REST OF NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 55. TABLE: REST OF NORTH AMERICA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 56. TABLE: REST OF NORTH AMERICA MARKET, BY END USER, 2024-2032 (USD MILLION) 57. TABLE: EUROPE MARKET, BY REGION, 2024-2032 (USD MILLION) 58. TABLE: EUROPE MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 59. TABLE: EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 60. TABLE: EUROPE MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 61. TABLE: EUROPE MARKET, BY END USER, 2024-2032 (USD MILLION) 62. TABLE: UK MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 63. TABLE: UK MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 64. TABLE: EUROPE MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 65. TABLE: EUROPE MARKET, BY END USER, 2024-2032 (USD MILLION) 66. TABLE: SPAIN MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 67. TABLE: SPAIN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 68. TABLE: SPAIN MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 69. TABLE: SPAIN MARKET, BY END USER, 2024-2032 (USD MILLION) 70. TABLE: BELGIUM MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 71. TABLE: BELGIUM MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 72. TABLE: BELGIUM MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 73. TABLE: BELGIUM MARKET, BY END USER, 2024-2032 (USD MILLION) 74. TABLE: SCANDINAVIAN MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 75. TABLE: SCANDINAVIAN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 76. TABLE: SCANDINAVIAN MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 77. TABLE: SCANDINAVIAN MARKET, BY END USER, 2024-2032 (USD MILLION) 78. TABLE: GERMANY MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 79. TABLE: GERMANY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 80. TABLE: GERMANY MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 81. TABLE: GERMANY MARKET, BY END USER, 2024-2032 (USD MILLION) 82. TABLE: FRANCE MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 83. TABLE: FRANCE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 84. TABLE: FRANCE MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 85. TABLE: FRANCE MARKET, BY END USER, 2024-2032 (USD MILLION) 86. TABLE: ITALY MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 87. TABLE: ITALY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 88. TABLE: ITALY MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 89. TABLE: ITALY MARKET, BY END USER, 2024-2032 (USD MILLION) 90. TABLE: REST OF EUROPE MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 91. TABLE: REST OF EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 92. TABLE: REST OF EUROPE MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 93. TABLE: REST OF EUROPE MARKET, BY END USER, 2024-2032 (USD MILLION) 94. TABLE: ASIA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 95. TABLE: ASIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 96. TABLE: ASIA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 97. TABLE: ASIA MARKET, BY END USER, 2024-2032 (USD MILLION) 98. TABLE: CHINA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 99. TABLE: CHINA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 100. TABLE: CHINA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 101. TABLE: CHINA MARKET, BY END USER, 2024-2032 (USD MILLION) 102. TABLE: INDIA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 103. TABLE: INDIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 104. TABLE: INDIA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 105. TABLE: INDIA MARKET, BY END USER, 2024-2032 (USD MILLION) 106. TABLE: JAPAN MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 107. TABLE: JAPAN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 108. TABLE: JAPAN MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 109. TABLE: JAPAN MARKET, BY END USER, 2024-2032 (USD MILLION) 110. TABLE: SOUTH KOREA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 111. TABLE: SOUTH KOREA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 112. TABLE: SOUTH KOREA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 113. TABLE: SOUTH KOREA MARKET, BY END USER, 2024-2032 (USD MILLION) 114. TABLE: INDONESIA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 115. TABLE: INDONESIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 116. TABLE: INDONESIA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 117. TABLE: INDONESIA MARKET, BY END USER, 2024-2032 (USD MILLION) 118. TABLE: REST OF ASIA MARKET, BY PRODUCT TYPE, 2024-2032 (USD MILLION) 119. TABLE: REST OF ASIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 120. TABLE: REST OF ASIA MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 121. TABLE: REST OF ASIA MARKET, BY END USER, 2024-2032 (USD MILLION) 122. TABLE: REST OF THE WORLD MARKET, BY PRODUCT TYPE,, 2024-2032 (USD MILLION) 123. TABLE: REST OF THE WORLD MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 124. TABLE: REST OF THE WORLD MARKET, BY TECHNOLOGY, 2024-2032 (USD MILLION) 125. TABLE: REST OF THE WORLD MARKET, BY END USER, 2024-2032 (USD MILLION) 126. TABLE: TRANE INC.: COMPANY SNAPSHOT 127. TABLE: TRANE INC.: OPERATING SEGMENTS 128. TABLE: DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT 129. TABLE: DAIKIN INDUSTRIES, LTD.: OPERATING SEGMENTS 130. TABLE: JOHNSON CONTROLS INTERNATIONAL PLC: COMPANY SNAPSHOT 131. TABLE: JOHNSON CONTROLS INTERNATIONAL PLC: OPERATING SEGMENTS 132. TABLE: CARRIER CORPORATION COMPANY SNAPSHOT 133. TABLE: CARRIER CORPORATION OPERATING SEGMENTS 134. TABLE: LENNOX INTERNATIONAL INC.: COMPANY SNAPSHOT 135. TABLE: LENNOX INTERNATIONAL INC.: OPERATING SEGMENTS 136. TABLE: RHEEM MANUFACTURING COMPANY: COMPANY SNAPSHOT 137. TABLE: RHEEM MANUFACTURING COMPANY: OPERATING SEGMENTS 138. TABLE: YORK INTERNATIONAL CORPORATION: COMPANY SNAPSHOT 139. TABLE: YORK INTERNATIONAL CORPORATION: OPERATING SEGMENTS 140. TABLE: MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 141. TABLE: MITSUBISHI ELECTRIC CORPORATION: OPERATING SEGMENTS 142. TABLE: GOODMAN MANUFACTURING COMPANY, L.P.: COMPANY SNAPSHOT 143. TABLE: GOODMAN MANUFACTURING COMPANY, L.P.: OPERATING SEGMENTS 144. TABLE: SAMSUNG HVAC: COMPANY SNAPSHOT 145. TABLE: SAMSUNG HVAC: OPERATING SEGMENTS LIST OF FIGURES 1. Figure: Market: Research Methodology Steps 2. Figure: Research Design 3. Figure: Breakdown of Primaries: Market 4. Figure: Research Methodology: Hypothesis Building 5. Figure: Market: Product Type and Service-Based Estimation 6. Figure: Top 10 Companies with Highest No. Of Patent in Last 9 Years 7. Figure: Growth Strategies Adopted by the Key Players 8. Figure: No. of Patents Granted Per Year, 2024–2032 9. Figure: Data Triangulation Methodology 10. Figure: Dominating Market Share, By Product Type, 2024 vs. 2032 (USD MILLION) 11. Figure: Dominating Market Share, By Application, 2024 vs. 2032 (USD MILLION) 12. Figure: Dominating Market Share, By Technology, 2024 vs. 2032 (USD MILLION) 13. Figure: Dominating Market Share, By End User, 2024 vs. 2032 (USD MILLION) 14. Figure: Geographical Snapshot of the Market 15. Figure: Packaged Units to Witness Higher Share in the Market for Product Type Segment during the Forecast Period. 16. Figure: North America Accounted for the Largest Share of the Market, By Regional Basis, in 2024 17. Figure: Market: Drivers, Restraints, Opportunities, and Challenges 18. Figure: Asia: Market Snapshot 19. Figure: Europe: Market Snapshot 20. Figure: Middle East: Market Snapshot 21. Figure: Vendor Dive: Evaluation Overview 22. Figure: HVAC Rooftop Units: Competitive Benchmarking 23. Figure: Trane Inc.: Financial Overview (2024-2032) 24. Figure: Daikin Industries, Ltd.: Financial Overview (2024-2032) 25. Figure: CARRIER CORPORATION Financial Overview (2024-2032) 26. Figure: Lennox International Inc.: Financial Overview (2024-2032) 27. Figure: Rheem Manufacturing Company: Financial Overview (2024-2032) 28. Figure: Mitsubishi Electric Corporation: Financial Overview (2024-2032) 29. Figure: Goodman Manufacturing Company, L.P.: Financial Overview (2024-2032) 30. Figure: Samsung HVAC: Financial Overview (2024-2032)