HVAC Relay Market Outlook:
HVAC Relay Market size was over USD 4.12 billion in 2025 and is anticipated to cross USD 8.18 billion by 2035, witnessing more than 7.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of HVAC relay is estimated at USD 4.38 billion.
The market growth is driven by rising demand for heating, ventilation, and air conditioning systems, increasing construction of non-residential buildings around the world, and growing investments to set up HVAC systems. For instance, it is calculated that the demand for HVAC equipment increased by approximately 7 percent since 2019, whereas the shipment for the same rose by almost 6 percent every year since the same year. Further, incredibly surging investments to install the HVAC systems is another major factor that is anticipated to accelerate the market growth.
In addition, the global HVAC relay market revenue is propelled by rising trend of green buildings on the back of escalating implementation of stringent government regulations associated with energy efficiency and savings, as green buildings utilize less energy and water as compared to conventional buildings. For instance, in 2020, there were more than 128,000 green-rated buildings across the globe. Moreover, an upsurge in industrialization across the world will boost the market size.
