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24 Nov 2017  |  Asia Pacific  |  Market Research
Growth Opportunities for District Heating and Cooling in Asia, Forecast to 2021
Increasing Adoption of DHC Creates Abundant Opportunities for Growth
District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and S...
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05 Jul 2021  |  Asia Pacific  |  Market Research
Southeast Asian District Cooling Growth Opportunities
Need for Energy Diversification and System Optimization to Boost Adoption of Disruptive Technologies and Enhanced Business Models
District cooling (DC) is the cooling equivalent of district heating. This process involves supplying chilled water (usually between 4 and 8 degrees Celsius) from a central plant to multiple buildings via insulated underground pipes. The cooled water is then used to chill the indoor air in buildings before being sent back to the central plant to be ...
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18 Nov 2019  |  South Asia, Middle East & North Africa  |  Market Research
Analysis of Indian Air Management (Cooling) Solutions Market, Forecast to FY2026
Growing Indian Economy Contributing to Industrial, Retail and Social Infrastructure Growth Drives the Demand for Air Management Systems
The market for air management (cooling) systems in India is worth 30,921.5 Cr. It is driven by rising disposable incomes, increasing global temperatures and a booming economy fuelling retail and Industrial growth. Some of the challenges faced by this industry are increasing tariffs and the impenetrability of the rural market characterised by low-...
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03 Oct 2025  |  Global  |  Market Research
Refrigeration Equipment Market, Global, 2025–2030
Refrigeration is Experiencing Transformational Growth Due to Green Policies and Digital Tools
The refrigeration equipment market is in a new era, fueled by disruptive technologies, transformative megatrends, and competitive intensity. With the increasing cost of energy and the stricter environmental regulations, the Internet of Things (IoT), artificial intelligence (AI), and cloud computing are making refrigeration systems smarter and more ...
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01 Jun 2026  |  Global  |  Market Research
HVAC Equipment Market, Global, 2026–2031
Technological Innovation, Sustainability Goals, and Evolving Regulatory Frameworks Drive HVAC Structural Growth
The global HVAC equipment market is experiencing strong growth, driven by rapid urbanization, infrastructure development, rising temperatures due to climate change, and an increasing emphasis on energy efficiency and indoor air quality amid growing health concerns related to pollution. Valued at $255.40 billion in 2025, the market is projected to r...
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07 Mar 2025  |  Global  |  Market Outlook
Top 8 Growth Opportunities in HVAC, 2025
AI and IoT Integration with HVAC will Unlock Revenue Opportunities in Services and Niche Applications
In this study, Frost & Sullivan identifies and elaborates on the key trends that will shape the HVAC industry in 2025, highlighting the transformative impact of technology, sustainability, and evolving customer demands. The integration of IoT and cloud-based solutions is revolutionizing HVAC maintenance by enabling real-time remote monitoring, pre...
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16 Feb 2026  |  Global  |  Market Research
Building Technologies and Services Growth Opportunities in the Data Center Vertical, Global, 2025
Smart Infrastructure, Advanced Cooling, and Digital Integration are Transforming Global Data Centers
The building industry is undergoing a transformative shift driven by digitalization, sustainability imperatives, and integrated smart systems. Emerging trends such as advanced automation, data-driven operations, and energy optimization are redefining how buildings are designed, managed, and maintained. These developments intersect significantly wit...
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15 Dec 2023  |  Asia Pacific  |  Market Research
Residential Air Conditioner Growth Opportunities in Southeast Asia
Rising Urbanization Rates and Growing Energy-efficiency Drive Competitive Intensity
The residential air conditioner market in Southeast Asia (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and will expand at a strong CAGR of 7.3% between 2023 and 2028. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. Po...
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19 Nov 2020  |  Global  |  Market Research
Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020
Strategies Centered on Solution-based HVAC Offerings and Clean Air for the Built Environment Create New Growth Opportunities
Frost & Sullivan estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save mone...
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26 Jul 2021  |  North America  |  Market Research
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Growth Strategies Will Center Connected Solutions for Energy Optimization and Enhanced Occupant Comfort Inside the Built Environment
The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...
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