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市场调查报告书
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1910881

欧洲暖通空调设备市场-份额分析、产业趋势、统计数据和成长预测(2026-2031年)

Europe HVAC Equipment - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

出版日期: | 出版商: Mordor Intelligence | 英文 174 Pages | 商品交期: 2-3个工作天内

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简介目录

欧洲暖通空调设备市场规模预计在2026年达到322.9亿美元,高于2025年的304.5亿美元。预计到2031年将达到433.2亿美元,2026年至2031年的复合年增长率为6.05%。

欧洲暖通空调设备市场-IMG1

这一成长使该地区成为供应商的关键市场,这些供应商面临日益严格的脱碳要求和不断变化的能源政策。绿色交易下加强的热泵推广激励措施、频繁的夏季热浪推高了製冷需求,以及老旧锅炉的加速更换,都在推动电气化系统的普及。同时,供应链通膨和高额的前期投资虽然限制了短期发展势头,但并未阻碍电气化的长期发展轨迹。竞争压力日益加剧,各大企业集团正斥资数十亿美元进行收购,以扩大产能并整合分散的安装商网络,力求实现欧盟到2030年安装6000万台热泵的目标。

欧洲暖通空调设备市场趋势与分析

欧盟绿色交易的效率义务推动市场转型

欧盟于2024年强制实施最低能源效率标准,并推出560亿欧元(约655.7亿美元)的热泵扶持计划,重塑了设备需求。 2025年第一季,德国的热泵装机量年增60%,达到4.3万台。补贴政策主要惠及空气源热泵,销售量从2.2万台飙升至约3.8万台,显示政策制定者高度重视水基热系统整合。儘管荷兰的ISDE补贴计画在2025年有所缩减,但该国仍维持了2030年20%的住宅安装热泵的目标,这将推动欧洲暖通空调设备市场实现9.7%的复合年增长率。製造商正积极回应市场需求,推出采用天然冷媒的设计和资金筹措方案,以降低买家的前期成本。

对老旧锅炉的更换需求正在加速市场扩张。

2024年天然气价格上涨和更严格的碳排放法规意味着欧洲约有1.3亿台老旧锅炉需要更换。为了确保安装商,原始设备製造商(OEM)加快了併购步伐,其中大金于2024年8月收购瑞典Kirslaget公司就是一个显着的例子。专为与现有水循环系统相容而设计的维修热泵缩短了安装时间,提高了承包商的工作效率。这导致了更换需求的增加,即使在新建房屋较少的市场也是如此。

高额的初始投资限制了市场渗透率。

儘管有补贴,热泵系统的成本仍然是锅炉更换的三到五倍,这给东欧和农村地区的家庭造成了不小的负担。製造商推出的复杂资金筹措方案增加了文书工作,延长了销售週期。在可支配收入较低的地区,欧洲的暖通空调设备市场正透过公共资助的社会住宅计画而非私人购买来扩张。

细分市场分析

到2031年,地源热泵将以9.78%的复合年增长率实现最高成长,而空调和通风系统仍将占据欧洲暖通空调设备市场57.95%的最大份额。机构投资者青睐地源热泵解决方案,因为其具有高季节能源效率和长使用寿命,足以抵消住宅用户通常不愿承担的钻井成本。安装商报告称,由于北欧地质条件适宜建造封闭回路型井场,大型园区、兆瓦级计划数量正在增加。

同时,空气源热泵凭藉其利用现有散热器和简化石化燃料淘汰流程的优势,获得了政策上的优惠支持,并在供暖维修领域继续保持主流地位。大金公司于2025年3月发布的R-290模组化平台,体现了天然冷媒的演进,在提高部分负载效率的同时,也符合F-gas法规。混合式锅炉-水泵机组作为过渡方案,在寒冷地区越来越受欢迎。这些技术创新正推动欧洲暖通空调设备市场从燃气动力系统转型为电力系统,同时又不影响效能。

2025 年,住宅用户占销售额的 46.80%,而公共和机构建筑、学校和医院预计将增加其在欧洲 HVAC 设备市场规模中的份额,到 2031 年将实现最高的复合年增长率 10.05%。政府的脱碳预算推动了大规模维修,将热泵与按需控制的通风系统结合。

儘管公共设施计划週期延长,但为了满足市场需求,原始设备製造商 (OEM) 越来越多地提供包含安装、维护和监控的「能源即服务」合约。注重环境、社会和治理 (ESG) 的业主对商业办公大楼的需求持续稳定,而工业设施则寻求整合製程余热回收系统。这些多样化的用户需求正促使供应商扩展产品线并开发软体分析能力,进一步加剧欧洲暖通空调设备市场的竞争差异化。

欧洲 HVAC 设备市场按设备类型(空调和通风、暖气)、最终用户产业(住宅、商业、工业和製造业等)、安装类型(新建、维修和更换)、分销管道(OEM 安装商网路、批发商/经销商等)和国家(德国、英国、法国、义大利、西班牙、俄罗斯等)进行细分。

其他福利:

  • Excel格式的市场预测(ME)表
  • 3个月的分析师支持

目录

第一章 引言

  • 研究假设和市场定义
  • 调查范围

第二章调查方法

第三章执行摘要

第四章 市场情势

  • 市场概览
  • 宏观经济因素的影响
  • 市场驱动因素
    • 欧盟绿色交易效率要求和热泵补贴
    • 加速老旧锅炉设备的更新换代
    • 夏季热浪频繁推动了住宅空调的普及。
    • 商业暖通空调维修中的快速电气化
    • 在氟碳化合物法规修订后,引入丙烷(R290)热泵
    • 透过扩大安装人员培训计划来释放潜在需求
  • 市场限制
    • 与燃气锅炉相比,初始投资金额较高
    • 供应链和原物料价格上涨
    • 由于技术纯熟劳工短缺,安装工程延误。
    • 由于冷媒过渡的不确定性,原始设备製造商面临设备升级风险。
  • 产业价值链分析
  • 监管环境
  • 技术展望
  • 波特五力分析
    • 供应商的议价能力
    • 买方的议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争对手之间的竞争

第五章 市场规模与成长预测

  • 透过装置
    • 空调和通风设备
      • 单分体式和多分离式空调机组
      • 可变冷媒流量(VRF)系统
      • 空调机组(AHU)
      • 冷却器
      • 风机盘管机组
      • 包装式/屋顶机组
      • 其他空调和通风设备
    • 加热设备
      • 空气源热泵
      • 地源热泵
      • 锅炉/炉子/散热器
      • 混合热泵系统
  • 按最终用户行业划分
    • 住宅
    • 商业设施(办公室、零售商店、住宿设施)
    • 工业/製造业
    • 公共设施和建筑物
  • 按安装类型
    • 新建工程
    • 维修/更换
  • 透过分销管道
    • OEM安装商网络
    • 批发商/分销商
    • 直接面向消费者与电子商务
  • 按国家/地区
    • 德国
    • 英国
    • 法国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 荷兰
    • 其他欧洲地区

第六章 竞争情势

  • 市场集中度
  • 策略趋势
  • 市占率分析
  • 公司简介
    • Daikin Industries Ltd.
    • Carrier Global Corporation
    • Mitsubishi Electric Corporation
    • Robert Bosch GmbH(Bosch Thermotechnology)
    • Vaillant Group
    • Danfoss A/S
    • Lennox International Inc.
    • Panasonic Corporation
    • Ariston Holding NV
    • BDR Thermea Group BV
    • Hitachi Ltd.(Johnson Controls-Hitachi)
    • Johnson Controls International plc
    • Systemair AB
    • NIBE Industrier AB
    • Glen Dimplex Group
    • Fujitsu General Limited
    • LG Electronics Inc.
    • Samsung Electronics Co. Ltd.
    • Trane Technologies plc
    • Viessmann Climate Solutions SE
    • STIEBEL ELTRON GmbH & Co. KG
    • Gree Electric Appliances Inc. of Zhuhai
    • Midea Group Co. Ltd.
    • Arcelik AS
    • Riello SpA
    • Armacell SA
    • Thermondo GmbH
    • Enertech AB(CTC)

第七章 市场机会与未来展望

简介目录
Product Code: 70778

European HVAC equipment market size in 2026 is estimated at USD 32.29 billion, growing from 2025 value of USD 30.45 billion with 2031 projections showing USD 43.32 billion, growing at 6.05% CAGR over 2026-2031.

Europe HVAC Equipment - Market - IMG1

This growth positions the region as a critical arena for vendors contending with stricter decarbonization mandates and evolving energy policies. Mounting heat-pump incentives under the EU Green Deal, intensifying summer heatwaves that lift cooling demand, and accelerated replacement of aging boilers collectively fuel the adoption of electrified systems. Meanwhile, supply-chain inflation and high upfront capital requirements temper near-term momentum but have not derailed the long-term trajectory of electrification. Competitive pressure has risen as conglomerates pursue billion-dollar acquisitions to scale production capacity and consolidate fragmented installer networks, aiming to meet the bloc's 60 million heat-pump target by 2030.

Europe HVAC Equipment Market Trends and Insights

EU Green Deal efficiency mandates drive market transformation

Mandatory minimum-efficiency standards and EUR 56 billion (USD 65.57 billion) in heat-pump incentives rolled out across the bloc in 2024 reshaped equipment demand, pushing heat-pump installations in Germany up 60% year-over-year to 43,000 units in Q1 2025. Subsidies favored air-to-water models whose sales jumped from 22,000 to nearly 38,000 units, underscoring policymakers' bias toward hydronic integration. Although Dutch ISDE rebates were reduced in 2025, the Netherlands still aims to install heat pumps in 20% of homes by 2030, sustaining a 9.7% CAGR for the European HVAC equipment market. Manufacturers have responded with natural-refrigerant designs and financing schemes that shield buyers from upfront costs.

Aging boiler replacement accelerates market expansion

Roughly 130 million legacy boilers across Europe became ripe for swap-out as gas prices climbed in 2024 and carbon penalties tightened. OEMs accelerated M&A to secure installer capacity, highlighted by Daikin's purchase of Sweden-based Kylslaget AB in August 2024. Retrofit-oriented heat-pumps engineered for compatibility with existing hydronic circuits shortened installation times and boosted contractor productivity, lifting replacement demand even in markets with modest new-build volumes.

High upfront capital expenditure constrains market penetration

Heat-pump systems still cost 3-5 times more than a boiler swap, deterring households in Eastern Europe and rural districts despite subsidies. Complex financing packages introduced by OEMs raise administrative hurdles and slow sales cycles. Where disposable income is lower, the European HVAC equipment market expands largely through publicly funded social-housing programs rather than private purchases.

Other drivers and restraints analyzed in the detailed report include:

  1. Summer heatwave intensity reshapes residential AC demand
  2. Commercial HVAC electrification gains momentum
  3. Supply-chain inflation pressures profitability

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Ground-source heat pumps recorded the fastest 9.78% CAGR through 2031, even though air-conditioning and ventilation maintained the largest 57.95% share within the European HVAC equipment market. Institutional buyers favored geothermal solutions that deliver higher seasonal efficiencies and longer lifespans, justifying the drilling expenses that residential customers often avoid. As Nordic geology supports closed-loop borefields, installers are reporting an increase in multi-megawatt campus-scale projects.

In parallel, air-to-water heat pumps remained dominant in heating retrofits, leveraging existing radiators and earning policy preference due to their simplification of the fossil-fuel phase-out. Daikin's R-290 modular platform, unveiled in March 2025, exemplified the natural-refrigerant progression that meets F-Gas regulations while enhancing part-load efficiency. Hybrid boiler-pump kits gained traction as interim solutions in colder interiors. Collectively, these innovations sustain the European HVAC equipment market's technology shift from gas-fired packages to electrified variants without sacrificing performance.

Residential users contributed 46.80% of 2025 sales, while public and institutional estates, schools, and hospitals are projected to post the highest 10.05% CAGR, increasing their share of the European HVAC equipment market size by 2031. Government decarbonization budgets funded large-scale retrofits that pair heat pumps with demand-controlled ventilation.

Institutional project cycles are longer but guarantee volume, encouraging OEMs to offer energy-as-a-service contracts that bundle equipment, maintenance, and monitoring. Commercial offices continue to experience steady demand from ESG-driven landlords, while industrial sites explore process heat recovery integrations. These varied user needs prompt suppliers to expand their portfolios and develop software analytics capabilities, further driving competitive differentiation in the European HVAC equipment market.

Europe HVAC Equipment Market is Segmented by Equipment (Air-Conditioning/Ventilation Equipment, and Heating Equipment), End-User Industry (Residential, Commercial, Industrial and Manufacturing, and More), Installation Type (New Construction, and Retrofit/Replacement), Distribution Channel (OEM-Installer Networks, Wholesale/Distributor, and More), and Country (Germany, United Kingdom, France, Italy, Spain, Russia, and More).

List of Companies Covered in this Report:

  1. Daikin Industries Ltd.
  2. Carrier Global Corporation
  3. Mitsubishi Electric Corporation
  4. Robert Bosch GmbH (Bosch Thermotechnology)
  5. Vaillant Group
  6. Danfoss A/S
  7. Lennox International Inc.
  8. Panasonic Corporation
  9. Ariston Holding N.V.
  10. BDR Thermea Group B.V.
  11. Hitachi Ltd. (Johnson Controls-Hitachi)
  12. Johnson Controls International plc
  13. Systemair AB
  14. NIBE Industrier AB
  15. Glen Dimplex Group
  16. Fujitsu General Limited
  17. LG Electronics Inc.
  18. Samsung Electronics Co. Ltd.
  19. Trane Technologies plc
  20. Viessmann Climate Solutions SE
  21. STIEBEL ELTRON GmbH & Co. KG
  22. Gree Electric Appliances Inc. of Zhuhai
  23. Midea Group Co. Ltd.
  24. Arcelik A.S.
  25. Riello S.p.A.
  26. Armacell S.A.
  27. Thermondo GmbH
  28. Enertech AB (CTC)

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Impact of Macroeconomic Factors
  • 4.3 Market Drivers
    • 4.3.1 EU Green-Deal efficiency mandates and heat-pump subsidies
    • 4.3.2 Accelerating replacement of ageing boiler stock
    • 4.3.3 Intensifying summer heatwaves boosting residential AC uptake
    • 4.3.4 Rapid electrification of commercial HVAC retrofits
    • 4.3.5 Propane (R290) heat-pump launches post-F-Gas revision
    • 4.3.6 Scale-up of installer-training programs unlocking latent demand
  • 4.4 Market Restraints
    • 4.4.1 High upfront capex versus gas boilers
    • 4.4.2 Supply-chain and commodity-price inflation
    • 4.4.3 Skilled-labour bottlenecks delaying installations
    • 4.4.4 OEM re-tooling risk amid refrigerant transition uncertainty
  • 4.5 Industry Value Chain Analysis
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitute Products
    • 4.8.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Equipment
    • 5.1.1 Air-Conditioning / Ventilation Equipment
      • 5.1.1.1 Single-Split and Multi-Split Units
      • 5.1.1.2 Variable Refrigerant Flow (VRF) Systems
      • 5.1.1.3 Air-Handling Units (AHU)
      • 5.1.1.4 Chillers
      • 5.1.1.5 Fan-Coil Units
      • 5.1.1.6 Packaged / Rooftop Units
      • 5.1.1.7 Other AC / Ventilation Equipment
    • 5.1.2 Heating Equipment
      • 5.1.2.1 Air-to-Water Heat Pumps
      • 5.1.2.2 Ground-Source Heat Pumps
      • 5.1.2.3 Boilers / Furnaces / Radiators
      • 5.1.2.4 Hybrid Heat-Pump Systems
  • 5.2 By End-User Industry
    • 5.2.1 Residential
    • 5.2.2 Commercial (Offices, Retail, Hospitality)
    • 5.2.3 Industrial and Manufacturing
    • 5.2.4 Institutional and Public Buildings
  • 5.3 By Installation Type
    • 5.3.1 New Construction
    • 5.3.2 Retrofit / Replacement
  • 5.4 By Distribution Channel
    • 5.4.1 OEM-Installer Networks
    • 5.4.2 Wholesale / Distributor
    • 5.4.3 Direct-to-Consumer and E-commerce
  • 5.5 By Country
    • 5.5.1 Germany
    • 5.5.2 United Kingdom
    • 5.5.3 France
    • 5.5.4 Italy
    • 5.5.5 Spain
    • 5.5.6 Russia
    • 5.5.7 Netherlands
    • 5.5.8 Rest of Europe

6 COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Daikin Industries Ltd.
    • 6.4.2 Carrier Global Corporation
    • 6.4.3 Mitsubishi Electric Corporation
    • 6.4.4 Robert Bosch GmbH (Bosch Thermotechnology)
    • 6.4.5 Vaillant Group
    • 6.4.6 Danfoss A/S
    • 6.4.7 Lennox International Inc.
    • 6.4.8 Panasonic Corporation
    • 6.4.9 Ariston Holding N.V.
    • 6.4.10 BDR Thermea Group B.V.
    • 6.4.11 Hitachi Ltd. (Johnson Controls-Hitachi)
    • 6.4.12 Johnson Controls International plc
    • 6.4.13 Systemair AB
    • 6.4.14 NIBE Industrier AB
    • 6.4.15 Glen Dimplex Group
    • 6.4.16 Fujitsu General Limited
    • 6.4.17 LG Electronics Inc.
    • 6.4.18 Samsung Electronics Co. Ltd.
    • 6.4.19 Trane Technologies plc
    • 6.4.20 Viessmann Climate Solutions SE
    • 6.4.21 STIEBEL ELTRON GmbH & Co. KG
    • 6.4.22 Gree Electric Appliances Inc. of Zhuhai
    • 6.4.23 Midea Group Co. Ltd.
    • 6.4.24 Arcelik A.S.
    • 6.4.25 Riello S.p.A.
    • 6.4.26 Armacell S.A.
    • 6.4.27 Thermondo GmbH
    • 6.4.28 Enertech AB (CTC)

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment