The global HVAC linesets market is projected to grow at a modest CAGR of 4.5% during the forecast period. The primary factor driving the HVAC linesets market is the increasing residential construction, growing trends of smart homes, and increasing demand for air conditioners. Construction of smart homes is on the rise, with nearly 30 million US households projected to add smart home technology shortly. The products consumers are looking to add to their homes include connected cameras and HVAC systems. The increasing demand for efficient heating has led to the adoption of automated heater controls.
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Global environmental dynamics strongly influence the growth of the HVAC lineset market. In recent decades, global temperatures have risen exponentially, which has created demand for air conditioning and other HVAC systems across sectors and end-user requirements. Further, manufacturers are optimizing HVAC technology, such as eco-friendly refrigerators, to reduce environmental impacts and emissions. However, throughout advancements and changes in HVAC systems, linesets remain an integral component to support the functioning of current and novel HVAC systems, providing energy efficiency and optimum refrigeration and power transfer features. For instance, the 2023 Global Climate Report from the NOAA National Centers for Environmental Information states that each month of 2023 was among the top 7 warmest for that month, and the months from June to December were the hottest on record. Specifically, global temperatures in July, August, and September surpassed 1.0°C (1.8°F) above the long-term average, marking the first instance in NOAA’s record of any month exceeding that threshold. Additionally, NOAA’s 2023 Annual Climate Report indicates that the combined land and ocean temperature has risen at an average rate of 0.11° Fahrenheit (0.06° Celsius) per decade since 1850, totaling about 2° F. The pace of warming since 1982 has been more than three times faster, reaching 0.36°F (0.20°C) per decade.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global HVAC Linesets Market by Material Type
- Copper
- Low Carbon
- Others
Global HVAC Linesets Market by End-User
- Residential
- Commercial
- Industrial
Global HVAC Linesets Market by Implementation
- New Construction
- Retrofit
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europ Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Carrier Corp.
- Daikin Industries, Ltd.
- Emerson Electric Co.
- Fujitsu General Ltd.
- Godrej & Boyce Manufacturing Co. Ltd.
- Gree Electric Appliances, Inc.
- Guangdong Chigo Air Conditioning Co., Ltd.
- Haier Electronics Group Co., Ltd.
- Hitachi Ltd.
- Hitachi, Ltd.
- Johnson Controls International plc
- Lennox International, Inc.
- LG Electronics Corp.
- Midea Group.
- Mitsubishi Electric Corp.
- Nortek Air Solutions, LLC
- Panasonic Corp.
- Samsung Group.
- Toshiba Corp.
- Trane Technologies
- United Technologies Corp.
- Voltas Ltd.
- York (Parent company Johnson Controls)
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global HVAC linesets market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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