Product Code: ETC10610766 | 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 market import shipment demonstrated strong growth with a double-digit CAGR from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024. Overall, the market expanded significantly but showed signs of slowing down 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 Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India HVAC Market Revenues & Volume, 2021 & 2031F |
3.3 India HVAC Market - Industry Life Cycle |
3.4 India HVAC Market - Porter's Five Forces |
3.5 India HVAC Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 India HVAC Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India HVAC Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 India HVAC 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 systems. |
4.2.2 Growing awareness about energy efficiency and environmental concerns driving the adoption of energy-efficient HVAC solutions. |
4.2.3 Government initiatives and regulations promoting the use of HVAC systems in commercial and residential buildings. |
4.3 Market Restraints |
4.3.1 Volatile raw material prices impacting the cost of HVAC equipment production. |
4.3.2 High initial investment required for installing HVAC systems hindering adoption rates. |
4.3.3 Seasonal fluctuations affecting demand for HVAC systems in certain regions of India. |
5 India HVAC Market Trends |
6 India HVAC Market, By Types |
6.1 India HVAC Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 India HVAC Market Revenues & Volume, By System Type, 2021 - 2031F |
6.1.3 India HVAC Market Revenues & Volume, By Heating, 2021 - 2031F |
6.1.4 India HVAC Market Revenues & Volume, By Ventilation, 2021 - 2031F |
6.1.5 India HVAC Market Revenues & Volume, By Air Conditioning, 2021 - 2031F |
6.1.6 India HVAC Market Revenues & Volume, By Refrigeration, 2021 - 2031F |
6.2 India HVAC Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India HVAC Market Revenues & Volume, By Compressors, 2021 - 2031F |
6.2.3 India HVAC Market Revenues & Volume, By Fans & Blowers, 2021 - 2031F |
6.2.4 India HVAC Market Revenues & Volume, By Coils, 2021 - 2031F |
6.2.5 India HVAC Market Revenues & Volume, By Ducts, 2021 - 2031F |
6.3 India HVAC Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India HVAC Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 India HVAC Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 India HVAC Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 India HVAC Market Revenues & Volume, By Others, 2021 - 2031F |
7 India HVAC Market Import-Export Trade Statistics |
7.1 India HVAC Market Export to Major Countries |
7.2 India HVAC Market Imports from Major Countries |
8 India HVAC Market Key Performance Indicators |
8.1 Energy consumption reduction rate achieved through the use of energy-efficient HVAC systems. |
8.2 Number of new commercial and residential construction projects incorporating HVAC systems. |
8.3 Rate of adoption of smart HVAC technologies in the Indian market. |
9 India HVAC Market - Opportunity Assessment |
9.1 India HVAC Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 India HVAC Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India HVAC Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 India HVAC Market - Competitive Landscape |
10.1 India HVAC Market Revenue Share, By Companies, 2024 |
10.2 India HVAC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |