How big is the Germany HVAC Market?

The Germany HVAC Market size is expected to reach USD 4.23 billion in 2024 and grow at a CAGR of 5.81% to reach USD 5.61 billion by 2029. Read More

What is the current Germany HVAC Market size?

In 2024, the Germany HVAC Market size is expected to reach USD 4.23 billion. Read More

What years does this Germany HVAC Market cover, and what was the market size in 2023?

In 2023, the Germany HVAC Market size was estimated at USD 3.98 billion. The report covers the Germany HVAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany HVAC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Germany HVAC Market Size & Share Analysis - Industry Research Report

Germany HVAC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Germany HVAC Market Report is Segmented by Type of Component (HVAC Equipment [Heating Equipment and Air Conditioning /Ventilation Equipment] and HVAC Services), and End-User Industry (Residential, Commercial, and Industrial). The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

Germany HVAC Industry Overview

The German HVAC market is fragmented, with the presence of major players like Carrier Corporation, Robert Bosch GmbH, Midea Group Co. Ltd, Johnson Controls International PLC, and Daikin Industries Ltd. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance the product offerings and gain sustainable competitive advantage.

January 2024: Apleona, headquartered in Gerlingen near Stuttgart, Germany, finalized its acquisition of Air for All, a prominent ventilation and air conditioning company. Air for All specializes in cleanrooms and laboratories and caters primarily to clients in the automotive and healthcare sectors. This strategic move bolsters Apleona's technical systems portfolio and significantly enhances its footprint in the lucrative southwest region of Germany.
October 2023: Vargas Investment Group launched Aira, a direct-to-consumer company that provides heat pumps through a monthly subscription model. Aira debuted in Germany in September, inaugurating a training academy in Berlin. By acquiring Garant Warmesysteme, Aira extended its reach from Berlin-Brandenburg to Saxony and Bavaria in Germany. Aira's ambitious goal is to install heat pumps in 5 million European households within the next decade, with a significant focus on 1 million installations in Germany.