How big is the Japan Commercial HVAC Market?

The Japan Commercial HVAC Market size is expected to reach USD 3.22 billion in 2024 and grow at a CAGR of 7.16% to reach USD 4.56 billion by 2029. Read More

What is the current Japan Commercial HVAC Market size?

In 2024, the Japan Commercial HVAC Market size is expected to reach USD 3.22 billion. Read More

Who are the key players in Japan Commercial HVAC Market?

Carrier Corporation, Daikin Industries, Ltd., Mitsubishi Electric Corporation, Hitachi Ltd. and Panasonic Corporation are the major companies operating in the Japan Commercial HVAC Market. Read More

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

In 2023, the Japan Commercial HVAC Market size was estimated at USD 2.99 billion. The report covers the Japan Commercial HVAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Commercial HVAC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Japan Commercial HVAC Market Size & Share Analysis - Industry Research Report

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

Japan Commercial HVAC Market Report is Segmented by Type of Component (HVAC Equipment (Heating Equipment, Air Conditioning/Ventilation Equipment, and HVAC Services), and End-User Industry (Hospitality, Commercial Building, Public Building, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Japan Commercial HVAC Industry Overview

The Japanese commercial HVAC market is fragmented and consists of several players. Companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players include Carrier Corporation, Daikin Industries Ltd, Mitsubishi Electric Corporation, Hitachi Ltd, Panasonic Corporation, and many more.

In May 2024, Midea has introduced the EVOX G3 heat pump system. This new iteration of the EVOX series consists of the EVOX G3 Heat Pump and EVOX G3 Air Handling Unit (AHU). Available in sizes ranging from 1.5-ton to 5-ton units, the Midea EVOX G3 heat pumps are equipped with Enhanced Vapor Injection (EVI) technology and a multi-layer heat exchanger, guaranteeing reliable warmth without the need for auxiliary heat, even in extreme weather conditions.
In March 2024, Panasonic Corporation unveiled three new commercial air-to-water (A2W) heat pump models that utilize eco-friendly natural refrigerants designed for use in multi-dwelling units, stores, offices, and other light commercial properties.