North America HVAC Market Size, Growth and Report (2025-2034)
The North America HVAC market was valued at approximately USD 45.64 billion in 2024. Driven by strong construction activity, stringent energy efficiency regulations, and growing demand for advanced HVAC technologies, the market is projected to expand at a compound annual growth rate (CAGR) of 4.10% from 2025 to 2034, reaching an estimated USD 67.86 billion by the end of the forecast period.