The HVAC (Heating, Ventilation, and Air Conditioning) linesets market plays a crucial role in the efficient and reliable operation of HVAC systems. These linesets, comprising copper tubes and insulation, are responsible for transporting refrigerant between the indoor and outdoor units of air conditioning and heat pump systems. The global HVAC linesets market has witnessed significant growth over the years, driven by the increasing demand for energy-efficient heating and cooling solutions across residential, commercial, and industrial sectors. This article explores the key factors driving the HVAC linesets market and highlights its importance in enhancing system performance and energy efficiency. The global HVAC linesets market size is projected to reach USD 11.4 billion by 2026 at a CAGR of 10.0% from USD 7.1 billion in 2021. Urbanization and increase in residential construction, growing trends of smart homes, increasing demand for air conditioners, and significant growth in number of data centers and their power density are driving the HVAC lineset market.
Browse 186 market data Tables and 67 Figures spread through 231 Pages and in-depth TOC on “HVAC Linesets Market by Material Type (Copper, Low Carbon), End-Use (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit), and Region (APAC, North America, Europe, MEA, South America) – Global Forecast to 2026”
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The increase in demand for HVAC systems and the growing industrial development in the emerging economies, such as APAC and South America, are also boosting the market. The key players in the HVAC lineset market include Daikin (Japan), Halcor (Greece), Hydro (Norway), KME SE (Italy), Mueller Streamline Co. (US), Cerro Flow Products LLC (US), JMF Company (US), Zhejiang Ice Loong Environmental Sci-Tech Co., Ltd (China), Feinrohren S.p.A. (Italy), DiversiTech Corporation (US), Foshan Shunde Lecong Hengxin Copper Tube Factory (China), Zhejiang Hailiang Co., Ltd. (China), Linesets Inc. (US), Cambridge-Lee Industries LLC (US), HMAX (US), ICool USA, Inc. (US), PDM US (US), MM Kembla (Australia), Mandev Tubes (India), Uniflow Copper Tubes (India), Kobelco & Materials Copper Tube Co., Ltd. (Japan), Mehta Tubes Limited (India), and Klima Industries (South Korea).
Daikin is one of the leading players in air-conditioning and fluorochemicals businesses. It is engaged in manufacturing general air-conditioning equipment with in-house divisions covering both air conditioning and refrigerants. The company operates globally and provides its products in more than 150 countries. The company operates many R&D centers as well that are dedicated to innovations in the Air Conditioning business segments. The R&D centers of the company are located in 6 regions namely: the US, Japan, China, Asia/Oceania, and Europe. The company offers long line sets and Mini Split Line sets under the brand name of Daikin. These line sets are offered through onsite sales or through the channel of e-commerce such as e-Bay.
Growing Demand for Energy Efficiency:
In recent years, there has been a notable shift towards energy-efficient HVAC systems due to rising energy costs and growing environmental concerns. HVAC linesets play a crucial role in optimizing the efficiency of these systems. The use of high-quality copper tubes with excellent heat transfer properties minimizes heat loss during refrigerant transportation. Additionally, proper insulation of linesets reduces heat gain, ensuring the refrigerant retains its desired temperature. By minimizing energy wastage, HVAC linesets contribute significantly to reducing operational costs and lowering carbon footprints.
Commercial to be the largest End user during the forecast period.
In the commercial end-use industry, cooling solutions like air conditioners are primarily demanded by offices, the hospitality sector, supermarkets & hypermarkets, banks, and data centers. The commercial end-use segment primarily uses low carbon steel-based line sets and requires very high volumes of the same. The total volume of the HVAC line sets is much higher in the case of the commercial end-use industry, as compared to the residential one. This is due to the greater building area in commercial buildings, more free space to cool, and a greater number of connections of line sets.
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Retrofit is projected to register the highest CAGR during the forecast period.
Retrofit projects are designed to integrate new components into existing HVAC networks. Retrofitting provides a more cost-effective way to improve system performance without the need to replace the entire system. The green building initiative and steps taken to reduce the adverse effects on the environment caused by old HVAC systems is boosting the adoption of new HVAC lineset in retrofits. When a major component in either the outdoor or indoor unit of a traditional heat pump system or air conditioner fails, both units should be replaced because newer equipment is carefully matched for optimal efficiency and operating pressures.
The APAC region leads the HVAC lineset market in terms of volume.
APAC is the fastest-growing region for the HVAC lineset market. The growth in demand for HVAC lineset in the region can be largely attributed to factors such as high population, increasing industrial growth, and stringent environmental norms. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of HVAC lineset, thereby fueling the growth of the APAC HVAC lineset market.
