The report "HVAC Linset Market by Material (Copper, Low Carbon), End-Use Industry (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit) & Region(NA, Asia Pacific, Europe, Middle East & Africa, South America) - Global Forecast to 2028", size is projected to reach USD 13.4 billion by 2028 from USD 9.2 billion in 2023, at a CAGR of 7.9% during the forecast period.

The major drivers for the HVAC Linset market are 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. The local cooling solutions and rising environmental concerns are considered as restraining factors in this market. Whereas rising global temperatures and heat islands act as opportunities in the HVAC Linset market.

Browse in-depth TOC on "HVAC Linset Market"

185 – Tables
57 – Figures
214 – Pages

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Copper is fastest growing segment on the basis of material type, in terms of value, during the forecast period."

The copper segment reigns as the fastest-growing market in the HVAC Linset industry. Its versatility shines through soft and hard copper tubes, designated as Types K, L, and ACR, addressing diverse needs. Compliance with ASTM standards ensures reliability. The necessity for permanent incising guarantees authenticity, while the use of high-purity copper (99.9%), specifically UNS C12200 or DHP1 Copper, solidifies its prominence. From meeting ASTM specifications to its essential role in HVAC systems, copper's attributes propel its rapid expansion in the Linset market.

The residential end use industry has the highest market share in HVAC Linset market, in terms of value.

The residential end-use industry has the second-largest market share in the HVAC Linset market due to surging global population growth and escalating air conditioner demand. Intensified factors such as heat islands, increasing cooling degree days, and robust residential construction, particularly in India, China, and Indonesia, drive HVAC system needs and copper based Linset markets. Government initiatives to address housing shortages and accommodate low-income groups further propel this growth, solidifying the sector's prominence.

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The retrofit segment is projected to grow at the fastest rate, in terms of value, during the forecast period.

The retrofit segment is projected to grow at the fastest rate within the HVAC Linset market. Integrating new components into existing systems, retrofitting offers cost-effective enhancement while aligning with green initiatives. The need to replace both indoor and outdoor units due to component failure drives demand for efficient HVAC Linsets. Despite capital hurdles, the adoption of IoT and smart technologies fosters growth. Government incentives, like the Energy Policy Act's tax deduction, propel energy-efficient HVAC systems, cementing retrofitting's rapid expansion.

Europe has the third largest market share in the HVAC Linset market, in terms of value.

Europe has the third largest market share in the HVAC Linset market. With prominent consumers like Germany, France, and the UK leading the trend, the region thrives on increased construction activities and a hub of major Linset manufacturers. Efficient manufacturing facilities and well-established distribution channels enhance supply to renowned HVAC system manufacturers. Europe's substantial role is further amplified by thriving residential constructions and supportive government initiatives, driving robust growth in the HVAC Linset market.

HVAC Linset Market Key Players

Daikin (Japan), Halcro (Greece), Hydro (Norway), KME SE (Germany), and Mueller Streamline Co. (US) are some of the established players in the HVAC Linset market. These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

Halcor is a leading global manufacturer and distributor of copper and copper alloy products. The company operates as a copper tubes division of ElvalHalcor, a joint venture established in December 2017 between Elval and Halcor. ElvalHalcor's copper segment comprises four subsidiaries and two joint ventures strategically located in Greece, Belgium, Bulgaria, Romania, and Turkey. This segment is dedicated to the development and distribution of an extensive range of copper and copper-alloy rolled and extruded products. Halcor holds the exclusive position as the sole producer of copper tubes in Greece, further strengthening ElvalHalcor's prominent market presence within the copper industry. Halcor offers copper alloy and copper-based products for application in various sectors such as plumbing, HVAC&R, renewable energy, architecture, engineering, and industrial production. Halcor exhibits a robust commercial presence in both European and global markets, with its product offerings available in over 58 countries worldwide. The production base of copper segment comprises eight strategically located plants in Greece, Bulgaria, and Turkey.

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 21)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 MARKET SCOPE 
           1.3.1 HVAC LINESET MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY (Page No. - 24)
    2.1 RESEARCH DATA 
          FIGURE 1 HVAC LINESET MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
           2.1.3 PRIMARY INTERVIEWS
                    2.1.3.1 Primary interviews – demand & supply sides
                    2.1.3.2 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 2 HVAC LINESET MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN APPROACH
                    2.2.1.1 Approach for arriving at market size using top-down analysis
                                FIGURE 3 TOP-DOWN APPROACH
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Approach for arriving at market size using bottom-up analysis
                                FIGURE 4 BOTTOM-UP APPROACH
                                FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH (DEMAND SIDE)
    2.3 DATA TRIANGULATION 
          FIGURE 6 HVAC LINESET MARKET: DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
    2.5 ASSUMPTIONS 
    2.6 LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 35)
    FIGURE 7 COPPER SEGMENT TO DOMINATE MARKET BY 2028
    FIGURE 8 COMMERCIAL SEGMENT TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD
    FIGURE 9 RETROFIT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
    FIGURE 10 ASIA PACIFIC TO LEAD HVAC LINESET MARKET BETWEEN 2023 AND 2028
 
4 PREMIUM INSIGHTS (Page No. - 38)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HVAC LINESET MARKET 
          FIGURE 11 EMERGING ECONOMIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES FOR MARKET PLAYERS
    4.2 HVAC LINESET MARKET, BY MATERIAL TYPE 
          FIGURE 12 LOW CARBON TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
    4.3 HVAC LINESET MARKET, BY IMPLEMENTATION 
          FIGURE 13 NEW CONSTRUCTION TO ACCOUNT FOR LARGER MARKET SHARE
    4.4 HVAC LINESET MARKET, BY REGION 
          FIGURE 14 HVAC LINESET MARKET IN EMERGING COUNTRIES TO GROW AT FASTER RATE
    4.5 ASIA PACIFIC: HVAC LINESET MARKET 
          FIGURE 15 CHINA TO LEAD HVAC LINESET MARKET DURING FORECAST PERIOD
    4.6 HVAC LINESET MARKET: MAJOR COUNTRIES 
          FIGURE 16 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 41)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
 
Continued...