Top 50 Companies in HVAC Rooftop Units (2025-2035): Competitive Analysis and Forecast

RELEASE DATE: Aug 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global HVAC Rooftop Units Market Size is projected To Grow from USD 36.7 Billion in 2024 to USD 65.4 Billion by 2035, at a CAGR of 5.39% during the forecast period 2025-2035.

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Description

According to a research report published by Spherical Insights & Consulting, The Global HVAC Rooftop Units Market Size is projected To Grow from USD 36.7 Billion in 2024 to USD 65.4 Billion by 2035, at a CAGR of 5.39% during the forecast period 2025-2035. The market for HVAC rooftop units is in greater demand because of the growing need for energy-efficient systems in commercial buildings, as companies want to cut expenses and adhere to strict environmental standards. The need for efficient heating, ventilation, and air conditioning systems is growing as a result of urbanization and the quickening pace of building. Innovations in technology, like the incorporation of smart systems and Internet of Things capabilities, improve operational efficiency and energy management.

 

 

Introduction

A rooftop unit (RTU) is a standalone HVAC system designed to be installed on the roof of commercial and industrial buildings. The market for HVAC Rooftop Units is expanding rapidly due to the growing need for space-efficient, energy-efficient heating, ventilation, and air conditioning systems in commercial buildings. RTUs are standalone devices that are mounted on roofs and provide a small and effective substitute for conventional HVAC systems. Serving medium-sized commercial areas, the 3 to 7-ton capacity category is the biggest and rapid-growing. Globally, RTU usage is being impacted by the trend towards sustainability. Energy efficiency is increased through real-time monitoring and predictive maintenance made possible by the integration of smart technologies like IoT and AI. Advanced filtration systems and low-GWP refrigerants are also in line with LEED and other green building certifications. Even with these developments, problems like expensive upfront prices and complicated retrofitting still exist.

 

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HVAC Rooftop Units Market Size & Statistics

  • The Market Size for HVAC Rooftop Units Was Estimated to be worth USD 36.7 Billion in 2024.
  • The Market size is Going to Expand at a CAGR of 5.39% between 2025 and 2035.
  • The Global HVAC Rooftop Units Market Size is anticipated to reach USD 65.4 Billion by 2035.
  • Asia Pacific is expected to generate the largest demand during the forecast period in the HVAC Rooftop Units Market
  • North America is expected to grow rapidly during the forecast period in the HVAC Rooftop Units Market.

 

Global hvac rooftop units market size

 

Regional growth and demand                                     

North America is expected to grow rapidly during the forecast period in the HVAC rooftop units market. The market for HVAC rooftop units is now growing in North America due to the growing need for affordable and energy-efficient temperature control solutions in the commercial, industrial, and residential sectors. This market rise is further driven by the incorporation of smart HVAC systems, which provide internet connectivity for improved data sharing, effective monitoring, and predictive maintenance. Serving medium-sized commercial areas, the 3 to 7-ton capacity market is the biggest and fastest-growing.

 

Asia Pacific is expected to generate the largest demand during the forecast period in the HVAC rooftop units market. The HVAC rooftop Units market with the quickest rate of growth throughout the study period is anticipated to be in the Asia Pacific. The market for HVAC rooftop units is expected to be dominated by the Asia Pacific region due to substantial infrastructural development and fast urbanisation. The need for effective temperature control systems is rising as a result of the boom in residential and commercial construction projects in nations like China and India. Furthermore, the adoption of cutting-edge HVAC technology is being accelerated by the region's robust economic growth and emphasis on energy-efficient solutions, which is speeding up market expansion.

 

Top 10 trends in the HVAC Rooftop Units Market

  • Smart and Connected Systems
  • Energy Efficiency and Sustainability
  • Use of Eco-friendly Refrigerants
  • Modular and Scalable Designs
  • Integration with Renewable Energy Sources
  • Indoor Air Quality (IAQ) Enhancements
  • Predictive Maintenance and AI Integration
  • Government Incentives and Regulations
  • Commercial Sector Dominance
  • Technological Advancements and New Product Launches

 

1. Smart and Connected Systems

HVAC rooftop units are undergoing a revolution in terms of efficiency and adaptability due to the integration of smart and linked systems. Real-time monitoring and predictive maintenance are made possible by the integration of artificial intelligence and Internet of Things sensors. Temperature, humidity, airflow, and energy usage data are gathered by IoT sensors and sent to cloud-based platforms for analysis. This data is processed by AI algorithms to find trends, anticipate any malfunctions, and enhance system performance. This proactive strategy prolongs the life of equipment, minimises downtime, and lowers unplanned malfunctions. Furthermore, smart RTUs can modify operations in response to occupancy and environmental factors, which can result in significant energy savings and enhanced indoor comfort. The use of these technologies is in line with the rising need for effective and environmentally friendly building management systems.

 

2. Energy Efficiency and Sustainability

Sustainability and energy efficiency have become key factors in the development of HVAC rooftop equipment. In order to meet strict environmental criteria and lower operating energy consumption, new-generation RTUs are increasingly being constructed with eco-conscious features, including variable-speed compressors and low-GWP refrigerants like R-32 and R-454B. When compared to traditional models, units constructed to high-performance standards, such as those created under DOE's High Performance Rooftop Unit Challenge, can reduce energy use by as much as 50%. Compared to normal units, energy-efficient RTUs, such as Energy Recovery Ventilation systems, provide energy savings of 10–40%. Additionally, lifetime sustainability is improved by the use of recyclable or recycled materials and designs that make disassembly easier at the end of life.

 

3. Use of Eco-friendly Refrigerants

In the development of HVAC rooftop units, sustainability and energy efficiency have become key factors. Increasingly, new-generation RTUs are being built with environmentally friendly features, including variable-speed compressors and low-GWP refrigerants like R-32 and R-454B to satisfy strict environmental regulations and lower operating energy consumption. Comparing units constructed to high-performance standards, such as those created under DOE's High Performance Rooftop Unit Challenge, to standard models, the former can reduce energy use by as much as 50%. Energy Recovery Ventilation systems and other efficient RTUs can save 10–40% on energy costs compared to conventional units. Additionally, designs that facilitate disassembly at the end of life and the use of recyclable or recycled components improve lifecycle sustainability.

 

4. Modular and Scalable Designs

Flexibility and adaptability in contemporary HVAC solutions are highlighted by the move towards modular and scalable RTUs. Rapid installation and simple expansion are made possible by prefabricated and plug-and-play designs, which make them perfect for staged building projects and changing architectural requirements. Because of their small size and independence, these units may be deployed gradually and operate in different zones with customised airflow and temperature control. Because individual modules may be replaced or serviced without affecting the system as a whole, maintenance is thus made easier.  Furthermore, rooftop installation and customisation are made easier by modular platforms, which accommodate a variety of structural configurations and facilitate future expansions.

 

5. Integration with Renewable Energy Sources

Incorporating renewable energy sources, such as wind turbines, geothermal systems, and solar power, is changing rooftop HVAC units by providing more resilient and clean climate control. Solar thermal collectors or solar photovoltaic panels produce heat or electricity to directly support HVAC operations, usually preheating water or air, to improve efficiency and reduce dependency on grid power. For effective heating and cooling, geothermal heat pumps use steady subsurface temperatures, providing reliable operation throughout the year. With intelligent controls and MEP integration, these hybrid systems maximise the use of renewable resources, lower greenhouse gas emissions, and support sustainable building techniques.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the HVAC Rooftop Units market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 20 Companies Leading The HVAC Rooftop Units Market

  1. Carrier
  2. DAIKIN INDUSTRIES, Ltd.
  3. JOHNSON CONTROLS
  4. LG Electronics.
  5. Danfoss
  6. Lennox International, Inc.
  7. Rheem Manufacturing Company
  8. Trane
  9. SAMSUNG
  10. MITSUBISHI ELECTRIC CORPORATION
  11. Fujitsu
  12. AAON
  13. Trane Technologies
  14. Goodman Manufacturing Company, L.P.
  15. Bosch Thermotechnology
  16. Thermo King Corporation
  17. Modine Manufacturing Company
  18. United Technologies Corporation
  19. York International Corporation
  20. Haier Group Corporation
  21. Others

 

1. Carrier

Headquarters: Florida, U.S.

Building automation, refrigeration, HVAC, and other intelligent climate and energy solutions are the areas of expertise for Carrier Global Corporation, a well-known American multinational. The corporation, which operates in more than 160 countries, provides a broad range of products under several brands, including Carrier, Viessmann, Toshiba, and Automated Logic. These include smart controls, integrated services, and heating and cooling systems for homes and businesses. With its headquarters located in Palm Beach Gardens, Florida, the United States, Carrier is renowned for its global reach and creative use of sustainable climate technologies.

 

2. DAIKIN INDUSTRIES, Ltd.

Headquarters: Osaka, Japan

Residential and commercial air conditioners, as well as cutting-edge systems like Variable Refrigerant Volume, are among the many products offered by Daikin Industries, Ltd., a global leader in heating, ventilation, air conditioning, and refrigeration (HVAC&R). The corporation also has strong R&D capabilities and works in industries like electronics, defence systems, chemicals, and oil hydraulics. Daikin's cutting-edge innovations and dedication to climate solutions that are environmentally sustainable have earned it recognition.

 

3. JOHNSON CONTROLS

Headquarters: Cork, Ireland

Leading supplier of smart building technology, Johnson Controls International plc offers complete solutions for building automation, industrial refrigeration, HVAC systems, fire safety, and security. Its digital platform, OpenBlue, integrates advanced AI and IoT-driven systems to optimize building operations, improving energy efficiency, indoor environmental quality, and overall sustainability. With its global operations spanning a variety of industries, including healthcare, education, data centres, and airports, the corporation has its headquarters located in Cork, Ireland.

 

4. LG Electronics.

Headquarters: South Korea

The South Korean multinational LG Electronics, Inc. is well-known for its wide range of consumer and business electronic products, which include air conditioners, TVs, monitors, home appliances, and car parts. These products are sold under the LG, LG ThinQ, and LG SIGNATURE brands. The corporation has operations in Europe, the Americas, the Middle East, Africa, and Asia-Pacific, ensuring a global presence.

 

5. Danfoss

Headquarters: Nordborg, Denmark

A worldwide company based in Denmark, Danfoss A/S specialises in technical solutions for motor control, heating, cooling, refrigeration, and electrification technologies. Buildings, maritime, automotive, and renewable energy applications are among the industries it serves with its product portfolio, which includes AC drives, valves, energy recovery systems, pumps, compressors, thermostats, and smart heating controls

 

Are you ready to discover more about the HVAC Rooftop Units market?

The report provides an in-depth analysis of the leading companies operating in the global HVAC Rooftop Units market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. Carrier
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis
  1. DAIKIN INDUSTRIES, Ltd.
  2. JOHNSON CONTROLS
  3. LG Electronics.
  4. Danfoss
  5. Lennox International, Inc.
  6. Rheem Manufacturing Company
  7. Trane
  8. SAMSUNG
  9. Others

 

Conclusion

The HVAC rooftop units market is accelerating due to its growing urbanisation, increased awareness of energy-efficient solutions, and business needs for comfort and productivity are driving the market for HVAC rooftop units. As companies place a higher priority on environmentally friendly climate control, rooftop units provide small, standalone systems that effectively manage the climate while freeing up valuable internal space.  RTUs' efficiency, versatility, and environmental benefits are highlighted by their extensive use in newly constructed commercial buildings, including retail establishments, offices, and hospitals. Concerns about sustainability and the expansion of urban infrastructure make rooftop units the best option for contemporary business spaces.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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