Companies Dominating the HVAC Relay Landscape
- ABB Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- TE Connectivity Ltd.
- C&S Electric Limited
- Eaton Corporation plc
- Hitachi, Ltd.
- Toshiba Corporation
- Littelfuse, Inc. (IXYS Integrated Circuits Division, Inc.)
- OMEGA Engineering, Inc.
- Rockwell Automation Inc.
- Siemens AG
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of HVAC relay is assessed at USD 1.9 billion.
The HVAC relay market size was over USD 1.8 billion in 2024 and is anticipated to cross USD 4.18 billion by 2037, growing at more than 6.7% CAGR during the forecast period i.e., between 2025-2037. Growing ratio of commercial construction, rising implementation of automation, and technological innovations in HVAC solutions will drive the market growth.
Asia Pacific industry is poised to hold largest revenue share of 40% by 2037, attributed to radically expanding automobile industry in the region, coupled with surging production of vehicles, and increasing urbanization in the region.
The major players in the market include ABB Ltd., TE Connectivity Ltd., C&S Electric Limited, Eaton Corporation plc, Hitachi, Ltd., Toshiba Corporation, Littelfuse, Inc. (IXYS Integrated Circuits Division, Inc.), OMEGA Engineering, Inc., Rockwell Automation Inc., Siemens AG
