The Mexico energy efficient HVAC systems market size reached USD 1,172.73 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,030.62 Million by 2033, exhibiting a growth rate (CAGR) of 6.29% during 2025-2033. Government incentives, urbanization, and industrial expansion are encouraging the adoption of sustainable HVAC technologies in Mexico. Rising electricity tariffs and environmental regulations further boost the shift toward efficient systems. These factors collectively contribute to increasing demand and strengthen the Mexico energy efficient HVAC systems market share.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 1,172.73 Million |
Market Forecast in 2033 | USD 2,030.62 Million |
Market Growth Rate 2025-2033 | 6.29% |
Urban Redevelopment and Smart Building Integration
Northern Mexico frequently experiences extreme temperatures above 40°C, contributing to the installation of approximately 1 million HVAC systems annually, according to industry reports. With air conditioner installations projected to grow by 7% from 2024 to 2032 (AHR Expo Mexico), there is increasing pressure to adopt smarter, more energy-efficient HVAC solutions. This surge aligns with Mexico’s urban redevelopment initiatives, which emphasize smart building technologies to curb rising energy demands. Modern developments in cities like Mexico City, Monterrey, and Guadalajara are incorporating intelligent HVAC systems equipped with occupancy sensors, real-time monitoring, and demand-based cooling. These systems enhance operational efficiency and reduce energy costs, playing a crucial role in advancing Mexico energy efficient HVAC systems market growth across high-density urban areas.
Growth in Green Construction and LEED-Certified Projects
The rise of green construction in Mexico, particularly projects seeking LEED certification, is influencing HVAC design and procurement decisions. Developers aiming for environmental credentials are increasingly selecting HVAC systems that meet or exceed ASHRAE and other international energy efficiency standards. Projects across office complexes, hotels, healthcare facilities, and universities are prioritizing systems that deliver high Seasonal Energy Efficiency Ratios (SEER) and incorporate natural refrigerants. HVAC manufacturers are responding by offering modular, scalable solutions that meet stringent building codes and sustainability goals. For instance, in January 2024, LG Electronics launched a new scroll compressor production line in Monterrey, Nuevo León, to enhance its HVAC supply chain across North America. This move addresses logistical challenges and aligns with sustainability goals. The Gen 3 Scroll Compressors produced there support upcoming 2025 refrigerant regulations with low-GWP refrigerants (<700). LG aims to boost regional responsiveness, reduce energy waste, and meet eco-efficiency standards.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country/regional levels for 2025-2033. Our report has categorized the market based on product and application.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes heat pumps, water heating and cooling systems in buildings, efficient air conditioning systems, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes residential, commercial, office buildings, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | Heat Pumps, Water Heating and Cooling Systems in Buildings, Efficient Air Conditioning Systems, Others |
Applications Covered | Residential, Commercial, Office Buildings, Others |
Regions Covered | Northern Mexico, Central Mexico, Southern Mexico, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: