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Report

United Kingdom HVAC Market Report and Forecast 2025-2034

Market Report I 2025-06-06 I 156 Pages I EMR Inc.

The United Kingdom HVAC market is projected to grow at a CAGR of 7.50% between 2025 and 2034. The market is being driven by the expansion of retail stores and the growing focus on sustainability.

United Kingdom HVAC Market Growth

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 existingHVAC systemsto 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 Industry Segmentation

United Kingdom HVAC Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Equipment

- Heating_x000D_ _x000D_ Heat Pumps _x000D_ Furnaces _x000D_ Unitary Heaters _x000D_ _x000D_
- Heating_x000D_ _x000D_ Heat Pumps _x000D_ Furnaces _x000D_ Unitary Heaters _x000D_ _x000D_
- Ventilation_x000D_ _x000D_ Air-Handling Units _x000D_ Air Filters and Purifiers _x000D_ Ventilation Fans _x000D_ Dehumidifiers and Humidifiers _x000D_ Others _x000D_ _x000D_
- Cooling_x000D_ _x000D_ Unitary Air Conditioners _x000D_ VRF Systems _x000D_ Chillers _x000D_ Coolers _x000D_ Cooling Towers _x000D_ Others _x000D_ _x000D_

- Ventilation_x000D_ _x000D_ Air-Handling Units _x000D_ Air Filters and Purifiers _x000D_ Ventilation Fans _x000D_ Dehumidifiers and Humidifiers _x000D_ Others _x000D_ _x000D_
- Heating_x000D_ _x000D_ Heat Pumps _x000D_ Furnaces _x000D_ Unitary Heaters _x000D_ _x000D_
- Ventilation_x000D_ _x000D_ Air-Handling Units _x000D_ Air Filters and Purifiers _x000D_ Ventilation Fans _x000D_ Dehumidifiers and Humidifiers _x000D_ Others _x000D_ _x000D_
- Cooling_x000D_ _x000D_ Unitary Air Conditioners _x000D_ VRF Systems _x000D_ Chillers _x000D_ Coolers _x000D_ Cooling Towers _x000D_ Others _x000D_ _x000D_

- Cooling_x000D_ _x000D_ Unitary Air Conditioners _x000D_ VRF Systems _x000D_ Chillers _x000D_ Coolers _x000D_ Cooling Towers _x000D_ Others _x000D_ _x000D_

- Heating_x000D_ _x000D_ Heat Pumps _x000D_ Furnaces _x000D_ Unitary Heaters _x000D_ _x000D_
- Ventilation_x000D_ _x000D_ Air-Handling Units _x000D_ Air Filters and Purifiers _x000D_ Ventilation Fans _x000D_ Dehumidifiers and Humidifiers _x000D_ Others _x000D_ _x000D_
- Cooling_x000D_ _x000D_ Unitary Air Conditioners _x000D_ VRF Systems _x000D_ Chillers _x000D_ Coolers _x000D_ Cooling Towers _x000D_ Others _x000D_ _x000D_

Market Breakup by Implementation Type

- New Constructions
- Retrofits

Market Breakup by End Use

- Residential
- Commercial
- Industrial

Market Breakup by Region

- England
- Wales
- Scotland
- Northern Ireland

United Kingdom HVAC Market Share

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.

Leading Companies in the United Kingdom HVAC Market

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.

- 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
- Vaillant GmbH
- Others

Major market players are introducing new product models on online distribution platforms, which is driving the consumer appeal of HVAC systems.

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1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Europe HVAC Market Overview
5.1 Key Industry Highlights
5.2 Europe HVAC Historical Market (2018-2024)
5.3 Europe HVAC Market Forecast (2025-2034)
6 United Kingdom HVAC Market Overview
6.1 Key Industry Highlights
6.2 United Kingdom HVAC Historical Market (2018-2024)
6.3 United Kingdom HVAC Market Forecast (2025-2034)
7 United Kingdom HVAC Market by Equipment
7.1 Heating
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Type
7.1.3.1 Heat Pumps
7.1.3.2 Furnaces
7.1.3.3 Unitary Heaters
7.2 Ventilation
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.2.3 Market by Type
7.2.3.1 Air-Handling Units
7.2.3.2 Air Filters and Purifiers
7.2.3.3 Ventilation Fans
7.2.3.4 Dehumidifiers and Humidifiers
7.2.3.5 Others
7.3 Cooling
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.3.3 Breakup by Type
7.3.3.1 Unitary Air Conditioners
7.3.3.2 VRF Systems
7.3.3.3 Chillers
7.3.3.4 Coolers
7.3.3.5 Cooling Towers
7.3.3.6 Others
8 United Kingdom HVAC Market by Implementation Type
8.1 New Constructions
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Retrofits
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 United Kingdom HVAC Market by End Use
9.1 Residential
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Commercial
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Industrial
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
10 United Kingdom HVAC Market by Region
10.1 England
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Wales
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Scotland
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Northern Ireland
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 8415, 841861)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 LG Corp.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Robert Bosch GmbH
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Mitsubishi Electric Corporation
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Alfa Laval AB
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Daikin Industries Ltd.
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Lennox International Inc.
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 Carrier Global Corp.
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Ariston Holding N.V.
14.5.8.1 Company Overview
14.5.8.2 Product Portfolio
14.5.8.3 Demographic Reach and Achievements
14.5.8.4 Certifications
14.5.9 Danfoss A/S
14.5.9.1 Company Overview
14.5.9.2 Product Portfolio
14.5.9.3 Demographic Reach and Achievements
14.5.9.4 Certifications
14.5.10 Vaillant GmbH
14.5.10.1 Company Overview
14.5.10.2 Product Portfolio
14.5.10.3 Demographic Reach and Achievements
14.5.10.4 Certifications
14.5.11 Others

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