HVAC Accessories Market Size, Share & Trends Analysis Report By 2030

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The global HVAC accessories market has reached USD 23.97 billion in 2024, with a forecasted CAGR of 5.4%.

HVAC Accessories Market Size Trends

The global HVAC accessories market has reached USD 23.97 billion in 2024, with a forecasted CAGR of 5.4% from 2025 to 2030. The rising preference for eco-friendly and energy-efficient solutions is driving this growth, as individuals and businesses alike seek ways to reduce their environmental footprint.

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  • Market Size (2024): USD 23.97 billion

  • CAGR (2025–2030): 5.4%

  • Key Drivers: Demand for eco-friendly, energy-efficient, and smart HVAC systems; rising urbanization and construction in emerging markets.

  • Challenges: High upfront costs, integration with legacy infrastructure.

  • Top Products: Thermostats (18.6% share), sensors, air filters, ventilation components.

  • Top Applications: Commercial (45.6% share), industrial, residential.

  • Top Channels: Retail (41.8%), Online.

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Leading Regions:

  • North America (35.1% share): Smart tech, regulations, climate extremes

  • Asia Pacific: Rapid urbanization, growing middle class

  • Europe: Strong environmental policies, energy cost concerns

 

Key Companies: Daikin, Carrier, Munters, Lennox, Trane, Condair, Aeroqual, ecobee

Recent Highlights:

  • Jan 2025: ecobee launched a cost-effective smart thermostat.

  • Mar 2024: Vaisala released a next-gen air quality sensor.

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