HVAC Rooftop Units Market 2033: Powering Energy-Efficient Buildings

The global HVAC rooftop units market was valued at USD 47,120.9 million in 2024 and is projected to reach USD 77,200.9 million by 2033, expanding at a CAGR of 5.7% from 2025 to 2033. Market growth is fueled by the increasing need for cost-efficient and energy-saving heating and cooling systems across residential, commercial, and industrial environments.

As businesses and homeowners continue prioritizing energy savings, advanced rooftop HVAC units have become more attractive due to their centralized functionality, compact installation, and simplified maintenance. Regulatory initiatives promoting low-GWP refrigerants and sustainable building practices are further accelerating the transition toward next-generation HVAC technologies.

Order a free sample PDF of the Holter Monitor Market Intelligence Study, published by Grand View Research.

Key Market Trends & Insights

  • Asia Pacific dominated the market with a 41.3% revenue share in 2024.
  • China is forecast to grow at a strong CAGR of 6.8% from 2025 to 2033.
  • By application, the industrial segment is expected to record a CAGR of 6.6% over the same period.
  • By equipment type, the heat pump segment is projected to grow at a 6.3% CAGR from 2025 to 2033.
  • Based on capacity, the 3–7 tons segment is also expected to grow at a 6.3% CAGR from 2025 to 2033.

Market Size & Forecast

  • 2024 Market Size: USD 47,120.9 Million
  • 2033 Market Size Projection: USD 77,200.9 Million
  • CAGR (2025–2033): 5.7%
  • Leading Region (2024): Asia Pacific

Key HVAC Rooftop Units Company Insights

Major industry players include Carrier and DAIKIN INDUSTRIES, LTD:

  • Carrier provides smart, sustainable building and cold chain solutions, including HVAC, refrigeration, ventilation, and building automation systems. The company operates through 51 manufacturing facilities and 39 R&D centers globally and owns brands such as Kidde, LenelS2, Edwards, Automated Logic, and Carrier Global Corporation.
  • DAIKIN INDUSTRIES, LTD. manufactures and sells air conditioning systems and chemical products, operating through 313 consolidated subsidiaries worldwide. Its portfolio includes heat pumps, heating systems, hot water systems, packaged AC units, and large-scale air conditioning solutions for plants, offices, and industrial facilities.

Leading HVAC Rooftop Unit Companies

These companies hold the largest market share and influence overall market direction:

  • Carrier
  • DAIKIN INDUSTRIES Ltd.
  • Johnson Controls
  • LG Electronics
  • Danfoss
  • Lennox International Inc.
  • Rheem Manufacturing Company
  • Trane
  • SAMSUNG
  • Mitsubishi Electric Corporation
  • Fujitsu
  • AAON
  • Captive Aire
  • Addison HVAC
  • Greenheck Fan Corporation

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion

The HVAC rooftop units market is positioned for steady expansion, driven by rising demand for energy-efficient climate control solutions and increasing regulatory emphasis on sustainability. With strong adoption in the Asia Pacific region and growing interest in advanced equipment types such as heat pumps, the industry is shifting toward smarter, environmentally responsible systems. As major manufacturers continue to innovate and expand their product portfolios, the market is expected to maintain consistent growth through 2033.

Comments

Post a Comment

Popular posts from this blog

India Electric Vehicle Market Competitive Landscape Report to 2028

Image
India Electric Vehicle Industry Overview The India electric vehicle market size was valued at USD 220.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 94.4% from 2021 to 2030. The attractive incentives being offered by the Indian government on the production and purchase of electric vehicles to encourage the adoption of electric vehicles are anticipated to drive the growth of the market over the forecast period. The outbreak of the COVID-19 pandemic triggered a significant decline in the overall sales of passenger and commercial vehicles in 2020. However, the sales of electric vehicles in India remained unaffected. The post-lockdown sale of pure and hybrid electric vehicles is a prominent driving factor for the electric vehicle market in India. The stringent GreenHouse gas (GHG) emission norms drafted by the government, such as the Bharat Stage (BS) VI emission standards introduced by India’s Ministry of Road Transport and Highways (MoRTH), ...
Read more

South Africa Veterinary Medicine Market Size, Share, Revenue Analysis By 2028

Image
South Africa Veterinary Medicine Industry Overview The  South Africa veterinary medicine market  size is expected to reach USD 248.2 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.1% from 2021 to 2028. The market holds many opportunities to grow during the forecast period owing to the growing livestock and pet population, increasing consumption of meat, rising incidence of diseases in animals, and the presence of key global companies. According to a report published by the African Union/Interafrican Bureau for Animal Resources (AU/IBAR), MSD Animal Health leads the South African market for veterinary medicines, followed by other key companies. South Africa Veterinary Medicine Market Segmentation Grand View Research has segmented the South Africa veterinary medicine market on the basis of animal type, product, mode of delivery, and end-use: Based on the Animal Type Insights, the market is segmented i...
Read more

Digital Pathology Market 2030: Key Trends Shaping the Future of Healthcare

Image
Digital Pathology Market Growth & Trends The global  digital pathology market  size is expected to reach USD 1.73 billion by 2030, registering a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to witness exponential growth owing to rising prevalence of chronic diseases aided by increasing demand for accurate diagnostics. Chronic diseases affect nearly one in every three adults. Whereas, according to the CDC, in the U.S., approximately, 51.8% of adults have at least one chronic disease. Digital pathology, including molecular tissue profiling, biobanking, tissue microarray analysis, and molecular biology, plays an important role in the drug development pipeline and companion diagnostics. Growing demand for high-quality tissue samples in tissue-based biomarker research is expected to drive technology adoption over the forecast period. Increasing adoption of telepathology with the launch of newer...
Read more