How big is the United Kingdom HVAC Market?

The United Kingdom HVAC Market size is expected to reach USD 2.52 billion in 2024 and grow at a CAGR of 4.70% to reach USD 3.17 billion by 2029. Read More

What is the current United Kingdom HVAC Market size?

In 2024, the United Kingdom HVAC Market size is expected to reach USD 2.52 billion. Read More

Who are the key players in United Kingdom HVAC Market?

Johnson Controls International PLC, Carrier Corporation, Robert Bosch GmbH, Daikin Industries, Ltd. and Midea Group Co., Ltd. are the major companies operating in the United Kingdom HVAC Market. Read More

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

In 2023, the United Kingdom HVAC Market size was estimated at USD 2.40 billion. The report covers the United Kingdom HVAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom HVAC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

United Kingdom HVAC Market Size & Share Analysis - Industry Research Report

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

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

United Kingdom HVAC Industry Overview

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

April 2024: Mitsubishi Electric Hydronics & IT Cooling Systems and Mitsubishi Electric Europe BV recently completed the full acquisition of AIRCALO, an air-conditioning firm based in France. In the competitive landscape of hydronic HVAC systems, the ability to offer customized solutions is paramount, especially given the trend toward bespoke products for specific installation sites. AIRCALO stands out by customizing the central unit of its fan coil units (FCUs) and bundling peripheral components and control equipment.
January 2024: Daikin Air Conditioning UK Ltd acquired the British service company Robert Heath Heating Ltd. This strategic move bolstered Daikin's reach in the United Kingdom's residential heating sector. The acquisition aligns with Daikin's vision of evolving into a comprehensive solutions provider and underscores its commitment to delivering top-notch customer service. This was Daikin's most significant investment in the UK.