A comprehensive historical analysis of the market for Canada's HVAC Equipment has been thoroughly analyzed in this report. It offers data and insights from 2019-2022 and provides extensive market forecasts from 2023-2032 by region/country and subsector. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Canadian HVAC Equipment market.
The Canada HVAC Equipment Market is anticipated to hold a significant share by 2033, growing at a CAGR of 3.5% from 2023 to 2033.
The report includes growth prospects in the Canadian HVAC Equipment market by type, application, sub-segment, and region, and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Construction & Manufacturing and other sectors. Regional coverage spans North America, Europe, and the rest of the world, including Asia Pacific.
HVAC equipment is a technology used to control the temperature, humidity, and purity of the air, providing thermal comfort and acceptable indoor air quality. In newly built areas, HVAC equipment is crucial for preserving indoor air quality and guaranteeing occupant comfort. The FMI Corporation estimates that in 2023, the total construction spending in Canada was expected to reach over USD 360.33 billion. It is anticipated to surpass USD 401 billion by 2027. The growing construction sector in the country is responsible for market growth. The cost-effective solutions provided by the HVAC equipment industry to cater to the energy needs of industrial and commercial customers are bolstering the market growth. The integration of IoT in the HVAC industry offers real-time information about environmental factors, including energy consumption, temperature, and humidity, thereby enabling effective and accurate performance.
Leading players of Canada HVAC Equipment including:
- Daikin Industries Ltd
- LG Electronics Inc.
- Rheem Manufacturing Company Inc.
- Nortek Air Solutions LLC
- Trane Technologies PLC
- Engineered Air
- Johnson controls International PLC
- Carrier Corporation
- Mitsubishi Electric Corporation
- Gree Canada
- Others
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Market split by Segement, can be divided into:
By Product Type
- Heating Equipment
- Cooling Equipment
- Air Delivery Equipment
By End-user Industry
- Residential
- Commercial
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In May 2024, Samsung Electronics Co., Ltd. announced that it has agreed to form a joint venture with Lennox, a leading provider of innovative climate solutions in the HVACR industry, to sell ductless HVAC systems in the United States and Canada.
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What's covered in the report?
- 1. Overview of the Canada HVAC Equipment market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa) market size data for the Canada HVAC Equipment market, based on segement.
- 3. Canada HVAC Equipment Market trends.
- 4. Canada HVAC Equipment Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Canada HVAC Equipment market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Canada HVAC Equipment Industry.
3. Leading company profiles reveal details of key Canadian HVAC Equipment market players 'emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Canada HVAC Equipment market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Canada HVAC Equipment market over the upcoming seven years
7. Accurate estimation of the Canada HVAC Equipment market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the Canada HVAC Equipment market across North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Canada HVAC Equipment market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Canada HVAC Equipment market
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