Global HVAC Accessories Market to Reach USD 32.81 Billion by 2030, Driven by Smart Technology and Sustainability Trends

The global HVAC accessories market is poised for robust expansion, reaching an estimated USD 25.28 billion in 2025 and projected to grow at a compound annual growth rate (CAGR) of 5.4%, hitting USD 32.81 billion by 2030. The increasing demand for energy-efficient, sustainable, and smart heating, ventilation, and air conditioning systems is a key driver of this growth, as businesses and homeowners seek to reduce energy consumption and improve indoor air quality.

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Deployment Insights

New installations led the market in 2024, capturing 50.3% of the total revenue share. The surge in residential and commercial construction, coupled with sustainability initiatives, is fueling demand for energy-efficient HVAC systems embedded with modern accessories.

Replacement demand is also strong as aging systems are being upgraded for enhanced performance, comfort, and compliance with evolving environmental regulations.

Distribution Channel Insights

Retail stores held a 41.8% revenue share in 2024, benefiting from consumer access to a wide variety of products and the growing DIY home improvement trend. In parallel, online platforms have gained momentum, offering competitive pricing, wider product selections, and delivery convenience for residential and professional buyers.

End User Insights

HVAC contractors represented the largest end-user segment at 41.6% in 2024. Contractors are critical in the selection and installation of advanced accessories, especially in new construction and retrofit projects. Distributors are also vital, facilitating product availability across large-scale projects and ensuring supply chain efficiency.

Application Insights

Commercial applications dominated the market with a 45.6% revenue share in 2024. Office buildings, malls, hospitals, and educational institutions are increasingly adopting HVAC accessories to comply with green building certifications and regulatory mandates on air quality and energy use.

Industrial applications are also expanding, as factories and large facilities prioritize indoor air quality, regulatory compliance, and worker safety through customized HVAC solutions.

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