Air conditioner market in North America
North America was one of the regions with the highest demand for air conditioners, only behind Asia, where China and Japan had a really large market share. The number of shipments for air conditioners in the U.S. has been rising during the last decade. Meanwhile, Ontario was by far the region with most of the plumbing and HVAC establishments in Canada. The next states in the list were British Columbia, Quebec, and Alberta.
HVAC market in Europe
Italy is expected to be the country with the highest market size for the HVAC and fire protection industry in Europe in 2026. The market size of that industry in the UK and Ireland, Spain, and Germany is also expected to be over 120 million U.S. dollars by 2026. That same year, industrial buildings are expected to constitute the biggest segment of the HVAC and fire protection industry, valued at 667 million U.S. dollars. The annual sales of heat pumps in Europe have also been growing during the past years.