HVAC Safety Devices Market By Product Type (Pressure Safety Devices [Relief Valves, Pressure Switches], Gas Leak Detectors, Smoke Detectors, Flame Detectors, Circuit Breakers, Thermostats and Controls, Carbon Monoxide Monitors, Airflow Switches, Others [Fuses, Ground Fault Circuit Interrupters]); By End-User (Residential, Commercial, Industrial); By Application (Heating Systems, Ventilation Systems, Air Conditioning Systems, Refrigeration Systems); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The hvac safety devices market was worth USD 3.2 billion in 2023 and will be worth USD 5.1 billion by 2030, growing at a CAGR of 6.2% during the forecast period.

 

The HVAC safety devices market is primarily driven by the growing emphasis on the safety of buildings, growing awareness of indoor air quality, and recent legislation to curb risks in HVAC systems. The safety boxes are required by the U.S Occupational Safety and Health Administration (OSHA) to be installed to curb on any mishap especially in commercial structures. For instance, electrical problems associated with HVAC make up about 10% of the fire occurrences in commercial facilities requiring protective mechanisms such as the circuit breakers and pressure safety valves. Other innovations like smart safety systems that have been designed and installed to detect the malfunctions have also emerged. For instance, in 2023, Honeywell introduced a new series of smart sensors that have ability to detect system leakages and electrical faults; the new product added safety features in homes and industries. Higher adoption of these enhanced protective systems in HVAC systems should persist as more nations set higher building safety standards.

 

The current market trends indicate multiple opportunities to growth within the HVAC safety devices market are the following: smart building technologies and safety regulations and standards. The smart building market size across the world is anticipated to be about $201.16 billion by 2030, and this significantly influences the need for enhanced HVAC safety equipment. The trend towards optimizing energy-efficient systems and safety systems in commercial and industrial buildings increases the need for products that include gas leak detectors, safety pressure valves, and shutdown systems. For instance, in 2023, Siemens released new smart HVAC safety devices that include IoT sensors that help check the performance of the system and identify any risks inherent in it in real time. This move to smart safety solutions offers tremendous opportunities for growth where envirotech and safety standards are heightening in areas like North America and Europe.

 

 

Market Segmentation

By Product Type:

• Pressure Safety Devices (Relief Valves, Pressure Switches)

• Gas Leak Detectors

• Smoke Detectors

• Flame Detectors

• Circuit Breakers

• Thermostats and Controls

• Carbon Monoxide Monitors

• Airflow Switches

• Others (Fuses, Ground Fault Circuit Interrupters)

 

By End-User:

• Residential

• Commercial

• Industrial

 

By Application:

• Heating Systems

• Ventilation Systems

• Air Conditioning Systems

• Refrigeration Systems

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Segment Analysis for the HVAC Safety Devices Market

By Product Type:

Leading Segment: Pressure Safety Devices (Relief Valves, Pressure Switches)

Pressure safety devices hold the largest market share of around 30%, as they are critical for protecting HVAC systems from damage caused by overpressure. Widely used across residential, commercial, and industrial sectors, these devices ensure operational safety and compliance with regulatory standards. For example, Emerson offers advanced pressure relief valves widely adopted in industrial HVAC systems. The segment is growing steadily at a CAGR of 7.5%, driven by the increasing installation of HVAC systems globally.

Fastest-Growing Segment: Flame Detectors

Flame detectors are growing at the fastest rate with a CAGR of 9.2%, driven by stringent safety regulations in industrial & commercial facilities. These devices are essential for preventing fire hazards in HVAC systems, particularly in energy-intensive industries like manufacturing & power plants. Companies like Honeywell & Siemens are innovating with infrared & UV-based flame detectors for enhanced safety.

 

By End-User:

Leading Segment: Commercial

The commercial segment leads the market with a share exceeding 40%, fueled by the proliferation of large-scale HVAC installations in office buildings, retail spaces & hospitality sectors. Safety devices like smoke detectors, flame detectors & carbon monoxide monitors are increasingly integrated into commercial HVAC systems to comply with building safety codes. For instance, Johnson Controls provides tailored safety solutions for HVAC systems in commercial buildings.

Fastest-Growing Segment: Industrial

The industrial segment is growing rapidly at a CAGR of 9.5%, driven by the need for safety compliance in high-risk environments such as manufacturing plants, chemical facilities, and power generation units. Gas leak detectors and pressure safety devices are in high demand for preventing equipment failures and accidents. For example, Siemens supplies advanced gas detection systems for HVAC applications in industrial facilities.

 

By Application:

Leading Segment: Air Conditioning Systems

Air conditioning systems account for the greatest share of approximately 35%, owing to their extensive use in residential, commercial & industrial applications. Safety devices like pressure switches, thermostats & airflow switches are critical for maintaining operational efficiency & preventing malfunctions in these systems. Brands like Carrier & Daikin integrate advanced safety features into their air conditioning units, contributing to market growth.

Fastest-Growing Segment: Heating Systems

Heating systems are the fastest-growing application segment, with a CAGR of 8.8%, driven by increasing adoption in colder regions like North America and Europe. Carbon monoxide monitors and flame detectors are essential safety components in heating systems to prevent hazards like gas leaks and fire outbreaks. Nest Labs, a subsidiary of Google, offers smart thermostats with integrated safety monitoring for residential heating systems.

 

By Region:

Leading Region: North America

North America dominates with a market share of around 35%, driven by stringent safety regulations such as ASHRAE standards & increasing demand for HVAC systems in residential & commercial buildings. The U.S. leads the region, with significant adoption of advanced safety devices like carbon monoxide monitors & flame detectors. Companies like Honeywell and Emerson dominate the market with a strong presence in North America.

Fastest-Growing Region: Asia Pacific

Asia Pacific is the fastest-growing region, with a CAGR of 10.2%, fueled by rapid urbanization, industrialization & increasing construction activities in countries like China, India & Southeast Asia. The adoption of HVAC systems is surging in both residential and commercial sectors, driving the demand for safety devices like gas leak detectors and airflow switches. For instance, Mitsubishi Electric is expanding its HVAC product line in Asia Pacific, integrating advanced safety technologies.

 

Key Players

• Honeywell International Inc.

• Johnson Controls

• Siemens AG

• Schneider Electric

• Emerson Electric Co.

• Lennox International Inc.

• Mitsubishi Electric Corporation

• Daikin Industries Ltd.

• United Technologies Corporation (Carrier)

• Trane Technologies

 

HVAC Safety Devices Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 3.2 billion
Revenue Forecast in 2030	USD 5.1 billion
Overall Growth Rate	CAGR of 6.2%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2023 - 2030)
Segmentation	By Product Type, By End User, By Application, By Region
By Product Type	Pressure Relief Valves, Gas Leak Detectors, Flame Detectors, Thermostats, Carbon Monoxide Detectors
By End User	Residential, Commercial, Industrial
By Application	Heating Systems, Ventilation Systems, Air Conditioning Systems
By Region	North America, Europe, Asia-Pacific, LAMEA
Country Scope	US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.