Key Capital HVAC Sector Report


Key Capital is pleased to present our latest HVAC Sector Report.

The global Heating, Ventilation and Air Conditioning (HVAC) sector is a diverse and highly fragmented space that is benefitting from general economic and industry-specific tailwinds.  The global HVAC equipment sector is forecast to grow at a CAGR of 6% between 2023 and 2030 to reach over €200bn in revenue. The large universe of buyers and sellers, along with increasing levels of competition and high levels of deployable capital, is likely to fuel further consolidation.

The sector report includes:

  • Key trends in the sector and drivers of M&A activity

  • Industrial sector M&A activity by geographical market and buyer type

  • HVAC valuations analysis for public comparables and private companies

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