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HVAC Services Market 2025-2029

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    Report

  • 223 Pages
  • July 2025
  • Region: Global
  • TechNavio
  • ID: 5011360
1h Free Analyst Time
1h Free Analyst Time

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The hvac services market is forecasted to grow by USD 46.03 billion during 2024-2029, accelerating at a CAGR of 8.8% during the forecast period. The report on the hvac services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapidly growing surface temperature, growing demand for retrofitting in developed countries, and need to reduce energy consumption and operating costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The hvac services market is segmented as below:

By Service Type

  • Air conditioning services
  • Heating services
  • Ventilation services

By End-user

  • Non-residential
  • Residential

By Distribution Channel

  • Online
  • Offline

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the advanced monitoring systems and intelligent technologies as one of the prime reasons driving the hvac services market growth during the next few years. Also, robust growth of construction industry and growth in data centers fueling market growth will lead to sizable demand in the market.

The report on the hvac services market covers the following areas:

  • HVAC Services Market sizing
  • HVAC Services Market forecast
  • HVAC Services Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hvac services market vendors that include ABM Industries Inc., Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu General Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, and Siemens AG. Also, the hvac services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Service Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global HVAC Services Market 2019 - 2023
Historic Market Size - Data Table on Global HVAC Services Market 2019 - 2023 ($ million)
5.2 Service Type segment analysis 2019 - 2023
Historic Market Size - Service Type Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Distribution Channel segment analysis 2019 - 2023
Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Global HVAC services Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Service Type
8.1 Market segments
Chart on Service Type - Market share 2024-2029 (%)
Data Table on Service Type - Market share 2024-2029 (%)
8.2 Comparison by Service Type
Chart on Comparison by Service Type
Data Table on Comparison by Service Type
8.3 Air conditioning services - Market size and forecast 2024-2029
Chart on Air conditioning services - Market size and forecast 2024-2029 ($ million)
Data Table on Air conditioning services - Market size and forecast 2024-2029 ($ million)
Chart on Air conditioning services - Year-over-year growth 2024-2029 (%)
Data Table on Air conditioning services - Year-over-year growth 2024-2029 (%)
8.4 Heating services - Market size and forecast 2024-2029
Chart on Heating services - Market size and forecast 2024-2029 ($ million)
Data Table on Heating services - Market size and forecast 2024-2029 ($ million)
Chart on Heating services - Year-over-year growth 2024-2029 (%)
Data Table on Heating services - Year-over-year growth 2024-2029 (%)
8.5 Ventilation services - Market size and forecast 2024-2029
Chart on Ventilation services - Market size and forecast 2024-2029 ($ million)
Data Table on Ventilation services - Market size and forecast 2024-2029 ($ million)
Chart on Ventilation services - Year-over-year growth 2024-2029 (%)
Data Table on Ventilation services - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Service Type
Market opportunity by Service Type ($ million)
Data Table on Market opportunity by Service Type ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Non-residential - Market size and forecast 2024-2029
Chart on Non-residential - Market size and forecast 2024-2029 ($ million)
Data Table on Non-residential - Market size and forecast 2024-2029 ($ million)
Chart on Non-residential - Year-over-year growth 2024-2029 (%)
Data Table on Non-residential - Year-over-year growth 2024-2029 (%)
9.4 Residential - Market size and forecast 2024-2029
Chart on Residential - Market size and forecast 2024-2029 ($ million)
Data Table on Residential - Market size and forecast 2024-2029 ($ million)
Chart on Residential - Year-over-year growth 2024-2029 (%)
Data Table on Residential - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Distribution Channel
10.1 Market segments
Chart on Distribution Channel - Market share 2024-2029 (%)
Data Table on Distribution Channel - Market share 2024-2029 (%)
10.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
10.3 Offline - Market size and forecast 2024-2029
Chart on Offline - Market size and forecast 2024-2029 ($ million)
Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Chart on Offline - Year-over-year growth 2024-2029 (%)
Data Table on Offline - Year-over-year growth 2024-2029 (%)
10.4 Online - Market size and forecast 2024-2029
Chart on Online - Market size and forecast 2024-2029 ($ million)
Data Table on Online - Market size and forecast 2024-2029 ($ million)
Chart on Online - Year-over-year growth 2024-2029 (%)
Data Table on Online - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.14 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.15 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 ABM Industries Inc.
ABM Industries Inc. - Overview
ABM Industries Inc. - Business segments
ABM Industries Inc. - Key offerings
ABM Industries Inc. - Segment focus
SWOT
15.5 Air Comfort
Air Comfort - Overview
Air Comfort - Product / Service
Air Comfort - Key offerings
SWOT
15.6 Alexander Mechanical Inc.
Alexander Mechanical Inc. - Overview
Alexander Mechanical Inc. - Product / Service
Alexander Mechanical Inc. - Key offerings
SWOT
15.7 Blue Star Ltd.
Blue Star Ltd. - Overview
Blue Star Ltd. - Business segments
Blue Star Ltd. - Key news
Blue Star Ltd. - Key offerings
Blue Star Ltd. - Segment focus
SWOT
15.8 Carrier Global Corp.
Carrier Global Corp. - Overview
Carrier Global Corp. - Business segments
Carrier Global Corp. - Key news
Carrier Global Corp. - Key offerings
Carrier Global Corp. - Segment focus
SWOT
15.9 Daikin Industries Ltd.
Daikin Industries Ltd. - Overview
Daikin Industries Ltd. - Business segments
Daikin Industries Ltd. - Key news
Daikin Industries Ltd. - Key offerings
Daikin Industries Ltd. - Segment focus
SWOT
15.10 Emerson Electric Co.
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
SWOT
15.11 ENGIE SA
ENGIE SA - Overview
ENGIE SA - Business segments
ENGIE SA - Key offerings
ENGIE SA - Segment focus
SWOT
15.12 Fujitsu General Ltd.
Fujitsu General Ltd. - Overview
Fujitsu General Ltd. - Product / Service
Fujitsu General Ltd. - Key offerings
SWOT
15.13 Ingersoll Rand Inc.
Ingersoll Rand Inc. - Overview
Ingersoll Rand Inc. - Business segments
Ingersoll Rand Inc. - Key news
Ingersoll Rand Inc. - Key offerings
Ingersoll Rand Inc. - Segment focus
SWOT
15.14 J and J Air Conditioning
J and J Air Conditioning - Overview
J and J Air Conditioning - Product / Service
J and J Air Conditioning - Key offerings
SWOT
15.15 Johnson Controls International Plc
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key news
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Segment focus
SWOT
15.16 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
SWOT
15.17 Service Logic
Service Logic - Overview
Service Logic - Product / Service
Service Logic - Key offerings
SWOT
15.18 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Service Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global HVAC Services Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Service Type Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Service Type - Market share 2024-2029 (%)
Exhibits 39: Data Table on Service Type - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Service Type
Exhibits 41: Data Table on Comparison by Service Type
Exhibits 42: Chart on Air conditioning services - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Air conditioning services - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Air conditioning services - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Air conditioning services - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Heating services - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Heating services - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Heating services - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Heating services - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Ventilation services - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Ventilation services - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Ventilation services - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Ventilation services - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Service Type ($ million)
Exhibits 55: Data Table on Market opportunity by Service Type ($ million)
Exhibits 56: Chart on End-user - Market share 2024-2029 (%)
Exhibits 57: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by End-user
Exhibits 59: Data Table on Comparison by End-user
Exhibits 60: Chart on Non-residential - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Non-residential - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Non-residential - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Non-residential - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 68: Market opportunity by End-user ($ million)
Exhibits 69: Data Table on Market opportunity by End-user ($ million)
Exhibits 70: Chart on Distribution Channel - Market share 2024-2029 (%)
Exhibits 71: Data Table on Distribution Channel - Market share 2024-2029 (%)
Exhibits 72: Chart on Comparison by Distribution Channel
Exhibits 73: Data Table on Comparison by Distribution Channel
Exhibits 74: Chart on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits 82: Market opportunity by Distribution Channel ($ million)
Exhibits 83: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 84: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 85: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 86: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 87: Chart on Geographic comparison
Exhibits 88: Data Table on Geographic comparison
Exhibits 89: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 90: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 149: Market opportunity By Geographical Landscape ($ million)
Exhibits 150: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 151: Impact of drivers and challenges in 2024 and 2029
Exhibits 152: Overview on criticality of inputs and factors of differentiation
Exhibits 153: Overview on factors of disruption
Exhibits 154: Impact of key risks on business
Exhibits 155: Companies covered
Exhibits 156: Company ranking index
Exhibits 157: Matrix on companies position and classification
Exhibits 158: ABM Industries Inc. - Overview
Exhibits 159: ABM Industries Inc. - Business segments
Exhibits 160: ABM Industries Inc. - Key offerings
Exhibits 161: ABM Industries Inc. - Segment focus
Exhibits 162: SWOT
Exhibits 163: Air Comfort - Overview
Exhibits 164: Air Comfort - Product / Service
Exhibits 165: Air Comfort - Key offerings
Exhibits 166: SWOT
Exhibits 167: Alexander Mechanical Inc. - Overview
Exhibits 168: Alexander Mechanical Inc. - Product / Service
Exhibits 169: Alexander Mechanical Inc. - Key offerings
Exhibits 170: SWOT
Exhibits 171: Blue Star Ltd. - Overview
Exhibits 172: Blue Star Ltd. - Business segments
Exhibits 173: Blue Star Ltd. - Key news
Exhibits 174: Blue Star Ltd. - Key offerings
Exhibits 175: Blue Star Ltd. - Segment focus
Exhibits 176: SWOT
Exhibits 177: Carrier Global Corp. - Overview
Exhibits 178: Carrier Global Corp. - Business segments
Exhibits 179: Carrier Global Corp. - Key news
Exhibits 180: Carrier Global Corp. - Key offerings
Exhibits 181: Carrier Global Corp. - Segment focus
Exhibits 182: SWOT
Exhibits 183: Daikin Industries Ltd. - Overview
Exhibits 184: Daikin Industries Ltd. - Business segments
Exhibits 185: Daikin Industries Ltd. - Key news
Exhibits 186: Daikin Industries Ltd. - Key offerings
Exhibits 187: Daikin Industries Ltd. - Segment focus
Exhibits 188: SWOT
Exhibits 189: Emerson Electric Co. - Overview
Exhibits 190: Emerson Electric Co. - Business segments
Exhibits 191: Emerson Electric Co. - Key news
Exhibits 192: Emerson Electric Co. - Key offerings
Exhibits 193: Emerson Electric Co. - Segment focus
Exhibits 194: SWOT
Exhibits 195: ENGIE SA - Overview
Exhibits 196: ENGIE SA - Business segments
Exhibits 197: ENGIE SA - Key offerings
Exhibits 198: ENGIE SA - Segment focus
Exhibits 199: SWOT
Exhibits 200: Fujitsu General Ltd. - Overview
Exhibits 201: Fujitsu General Ltd. - Product / Service
Exhibits 202: Fujitsu General Ltd. - Key offerings
Exhibits 203: SWOT
Exhibits 204: Ingersoll Rand Inc. - Overview
Exhibits 205: Ingersoll Rand Inc. - Business segments
Exhibits 206: Ingersoll Rand Inc. - Key news
Exhibits 207: Ingersoll Rand Inc. - Key offerings
Exhibits 208: Ingersoll Rand Inc. - Segment focus
Exhibits 209: SWOT
Exhibits 210: J and J Air Conditioning - Overview
Exhibits 211: J and J Air Conditioning - Product / Service
Exhibits 212: J and J Air Conditioning - Key offerings
Exhibits 213: SWOT
Exhibits 214: Johnson Controls International Plc - Overview
Exhibits 215: Johnson Controls International Plc - Business segments
Exhibits 216: Johnson Controls International Plc - Key news
Exhibits 217: Johnson Controls International Plc - Key offerings
Exhibits 218: Johnson Controls International Plc - Segment focus
Exhibits 219: SWOT
Exhibits 220: Samsung Electronics Co. Ltd. - Overview
Exhibits 221: Samsung Electronics Co. Ltd. - Business segments
Exhibits 222: Samsung Electronics Co. Ltd. - Key news
Exhibits 223: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 224: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 225: SWOT
Exhibits 226: Service Logic - Overview
Exhibits 227: Service Logic - Product / Service
Exhibits 228: Service Logic - Key offerings
Exhibits 229: SWOT
Exhibits 230: Siemens AG - Overview
Exhibits 231: Siemens AG - Business segments
Exhibits 232: Siemens AG - Key news
Exhibits 233: Siemens AG - Key offerings
Exhibits 234: Siemens AG - Segment focus
Exhibits 235: SWOT
Exhibits 236: Inclusions checklist
Exhibits 237: Exclusions checklist
Exhibits 238: Currency conversion rates for US$
Exhibits 239: Research methodology
Exhibits 240: Information sources
Exhibits 241: Data validation
Exhibits 242: Validation techniques employed for market sizing
Exhibits 243: Data synthesis
Exhibits 244: 360 degree market analysis
Exhibits 245: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global hvac services market: ABM Industries Inc., Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu General Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, and Siemens AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advanced monitoring systems and intelligent technologies."

According to the report, one of the major drivers for this market is the rapidly growing surface temperature.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABM Industries Inc.
  • Air Comfort
  • Alexander Mechanical Inc.
  • Blue Star Ltd.
  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • EMCOR Group Inc.
  • Emerson Electric Co.
  • ENGIE SA
  • Ferguson plc
  • Fujitsu General Ltd.
  • Ingersoll Rand Inc.
  • J and J Air Conditioning
  • Johnson Controls International Plc
  • Lennox International Inc.
  • LG Electronics Inc.
  • Nortek
  • Samsung Electronics Co. Ltd.
  • Service Logic
  • Siemens AG