Base Year
Historical Year
Forecast Year
The United Kingdom HVAC market is projected to grow at a CAGR of 7.5% between 2024 and 2032. The market is being driven by the expansion of retail stores and the growing focus on sustainability.
The expanding size of retail showrooms in the UK is expected to fuel the demand for smart and energy-efficient HVAC solutions. For example, fashion brands such as Marks and Spencer are looking at integrating artificial intelligence-based solutions into their existing HVAC systems to predict optimal heating and cooling requirements of their facility and save up to 3 million pounds annually by minimising 2000 tons of carbon emissions. Hence, the shift towards sustainability is expected to impart significant momentum to the market growth.
The strengthening of legal regulations surrounding decarbonisation of new buildings is expected to accelerate the market expansion. For instance, the government of Scotland has passed the legislation of New Build Heat Standards, which forbids the installation of direct emissions heating systems like LPG boilers from April 2024. This is prompting key players to develop low-carbon emission systems, which can contribute to the goal of decarbonised buildings by 2045 in Scotland.
The adoption of heat pumps is expected to witness a rapid surge in the forecast period, given the plans of the UK government to reduce its electricity prices and promote the usage of eco-friendly HVAC systems within residential and commercial spaces.
United Kingdom HVAC Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Equipment
Market Breakup by Implementation Type
Market Breakup by End Use
Market Breakup by Region
Based on implementation type, the market is divided into new constructions and retrofits. Over the forecast period, retrofits are expected to constitute a major portion of the market share, as consumers shift towards installing energy-efficient devices within their homes to minimise electricity bills.
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Major market players are introducing new product models on online distribution platforms, which is driving the consumer appeal of HVAC systems.
| 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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| Breakup by Region |
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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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The market is projected to grow at a CAGR of 7.5% between 2024 and 2032.
The different end uses of HVAC in the market include residential, commercial, and industrial.
The different types of implementations of HVAC include new constructions and retrofits.
The different HVAC types considered in the market report are heating, ventilation, and cooling.
The major regions in the market include England, Wales, Scotland, and Northern Ireland.
The key market players are LG Corp., Robert Bosch GmbH, Mitsubishi Electric Corporation, Alfa Laval AB, Daikin Industries Ltd., Lennox International Inc., Carrier Global Corp., Ariston Holding N.V., Danfoss A/S, and Vaillant GmbH, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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