Product Code: ETC10609230 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The India HVAC equipment and services market import shipment demonstrated a robust growth trend with a CAGR of 11.2% from 2020 to 2024. However, the growth rate showed a decline of -13.4% between 2023 and 2024, indicating a slowdown in the market expansion towards the end of the period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India HVAC Equipment and Services Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India HVAC Equipment and Services Market Revenues & Volume, 2021 & 2031F |
3.3 India HVAC Equipment and Services Market - Industry Life Cycle |
3.4 India HVAC Equipment and Services Market - Porter's Five Forces |
3.5 India HVAC Equipment and Services Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 India HVAC Equipment and Services Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 India HVAC Equipment and Services Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India HVAC Equipment and Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in India leading to higher demand for HVAC equipment and services. |
4.2.2 Government initiatives promoting energy efficiency and sustainability in buildings, driving the adoption of advanced HVAC systems. |
4.2.3 Growing awareness among consumers regarding the importance of indoor air quality and comfort, boosting the demand for HVAC solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing HVAC equipment may hinder market growth. |
4.3.2 Fluctuating raw material prices impacting the overall cost of HVAC systems. |
4.3.3 Lack of skilled workforce and technical expertise in the HVAC industry, leading to challenges in installation and maintenance services. |
5 India HVAC Equipment and Services Market Trends |
6 India HVAC Equipment and Services Market, By Types |
6.1 India HVAC Equipment and Services Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India HVAC Equipment and Services Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 India HVAC Equipment and Services Market Revenues & Volume, By Heating Units, 2021 - 2031F |
6.1.4 India HVAC Equipment and Services Market Revenues & Volume, By Ventilation Units, 2021 - 2031F |
6.1.5 India HVAC Equipment and Services Market Revenues & Volume, By Air Conditioning Units, 2021 - 2031F |
6.1.6 India HVAC Equipment and Services Market Revenues & Volume, By Air Purification Units, 2021 - 2031F |
6.2 India HVAC Equipment and Services Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 India HVAC Equipment and Services Market Revenues & Volume, By Installation, 2021 - 2031F |
6.2.3 India HVAC Equipment and Services Market Revenues & Volume, By Maintenance, 2021 - 2031F |
6.2.4 India HVAC Equipment and Services Market Revenues & Volume, By Repair, 2021 - 2031F |
6.2.5 India HVAC Equipment and Services Market Revenues & Volume, By Replacement, 2021 - 2031F |
6.3 India HVAC Equipment and Services Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India HVAC Equipment and Services Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.3 India HVAC Equipment and Services Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 India HVAC Equipment and Services Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 India HVAC Equipment and Services Market Import-Export Trade Statistics |
7.1 India HVAC Equipment and Services Market Export to Major Countries |
7.2 India HVAC Equipment and Services Market Imports from Major Countries |
8 India HVAC Equipment and Services Market Key Performance Indicators |
8.1 Energy efficiency ratings of HVAC systems installed in commercial and residential buildings. |
8.2 Number of green building certifications achieved by projects using energy-efficient HVAC solutions. |
8.3 Percentage of HVAC equipment retrofits or upgrades in existing buildings to improve energy performance. |
8.4 Adoption rate of smart HVAC technologies in commercial and residential sectors. |
8.5 Number of HVAC maintenance contracts signed for preventive maintenance services. |
9 India HVAC Equipment and Services Market - Opportunity Assessment |
9.1 India HVAC Equipment and Services Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 India HVAC Equipment and Services Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 India HVAC Equipment and Services Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India HVAC Equipment and Services Market - Competitive Landscape |
10.1 India HVAC Equipment and Services Market Revenue Share, By Companies, 2024 |
10.2 India HVAC Equipment and Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |