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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
France HVAC Market Outlook
The France HVAC market size reached USD 3.78 billion in 2023. The market is expected to grow at a CAGR of 2.55% between 2024 and 2032, reaching USD 4.74 billion by 2032.
Key Takeaways:
- In 2021, according to the IEA, the transportation sector represented the largest portion, consuming 28% of France's total final energy.
- IEA data reveals that in 2021, the residential sector accounted for 26% of France's total final energy consumption.
- The World Bank reports that the inclusion of construction in France's GDP contributed 16.8%, consequently fueling growth in the HVAC market.
Residential demand drives the French HVAC market growth
Residential HVAC systems ensure year-round comfort by providing heating, ventilation, and air conditioning. They emphasize energy efficiency, improve indoor air quality, and offer convenient temperature control. Efficient systems contribute to higher home resale values, indicating enhanced comfort and energy conservation.
In November 2023, Groupe Atlantic announced a €150 million investment to build a 35,000m2 heat pump manufacturing facility in France by 2024. Located in Grand Chalon, it will be their third plant in France, joining existing ones in Billy-Berclau and Merville. Construction begins in 2024, aiming for completion in 2025, with possible expansion in 2027.
Commercial HVAC systems enhance indoor comfort, thereby increasing productivity and customer satisfaction. They emphasize energy efficiency, reduce operational expenses, and improve indoor air quality to comply with regulations. Sustainable solutions minimize environmental impact, demonstrating corporate responsibility and fostering a healthy workplace.
Market Segmentation
France HVAC Market Report and Forecast 2024 to 2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Equipment
- Heating
- Heat Pumps
- Furnaces
- Unitary Heaters
- Ventilation
- Air-Handling Units
- Air Filters and Purifiers
- Ventilation Fans
- Dehumidifiers and Humidifiers
- Others
- Cooling
- Unitary Air Conditioners
- VRF Systems
- Chillers
- Coolers
- Cooling Towers
- Others
Market Breakup by Implementation Type
- New Installation
- Retrofits
Market Breakup by End Use
- Residential
- Commercial
- Industrial
The France HVAC market key players are Robert Bosch GmbH, Mitsubishi Electric Corporation, Alfa Laval AB, Samsung Electronics Co. Ltd., Carrier Global Corp., Daikin Industries Ltd., Panasonic Holdings Corp., Vaillant GmbH, Johnson Controls International Plc, Systemair AB, and Danfoss A/S among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Equipment |
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| Breakup by Implementation Type |
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| Breakup by End Use |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 3.78 billion in 2023.
The market is projected to grow at a CAGR of 2.55% between 2024 and 2032.
The revenue generated from the HVAC market is expected to reach USD 4.47 billion in 2032.
The HVAC market is categorised according to the equipment, which includes heating, ventilation, and cooling.
The key players are Robert Bosch GmbH, Mitsubishi Electric Corporation, Alfa Laval AB, Samsung Electronics Co. Ltd., Carrier Global Corp., Daikin Industries Ltd., Panasonic Holdings Corp., Vaillant GmbH, Johnson Controls International Plc, Systemair AB, and Danfoss A/S among others.
Based on the end use, the market is divided into industrial, commercial, and residential.
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