Heating, Ventilation, and Air Conditioning (HVAC) Services - Global Market Outlook (2020-2028)

Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market is accounted for $57.80 billion in 2020 and is expected to reach $107.78 billion by 2028 growing at a CAGR of 8.1% during the forecast period. Factors such as rising global temperatures, growing construction sector, and rising disposable income in developing countries are driving the growth of the market. However, shortage of skilled labor is hampering the growth of the market.

The heating, ventilation, and air conditioning (HVAC) services are provided to the end-users of HVAC systems by the original equipment manufacturers and other local players. The main purposes of HVAC system is to help maintain good indoor air quality through adequate ventilation with filtration and provide thermal comfort.

Based on the end user, the residential segment is anticipated to expand at a rapid pace during the forecast period due to the growing government support for sustainable community development and the increasing affordability of housing. By geography, North America is going to have high growth during the forecast period which can be attributed to the infrastructural reforms and the growing use of air conditioners in homes and offices throughout the region.

Some of the key players profiled in the Heating, Ventilation, and Air Conditioning (HVAC) Services Market include Honeywell International Inc, Robert Bosch GmbH, Emerson Electric Co, Siemens AG, Panasonic Corporation, Daikin Industries Ltd, LG Electronics Inc, Electrolux AB, Johnson Controls International PLC, Ingersoll-Rand PLC, United Technologies Corp, Fujitsu General Ltd, Gardner Denver Holdings Inc, Carrier Corporation, Lennox International Inc, and Nortek Global HVAC.

Implementation Types Covered:
• Retrofit Buildings
• New Construction

Types Covered:
• Maintenance and Repair
• Installation   

Categories Covered:
• Heating
• Ventilation
• Cooling 

Applications Covered:
• Temperature and Humidity
• Airflow and Quality
• Electrical

End Users Covered:
• Residential
• Industrial
• Commercial 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope        
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities       
 3.5 Threats        
 3.6 Application Analysis       
 3.7 End User Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes       
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Implementation Type
 5.1 Introduction       
 5.2 Retrofit Buildings       
 5.3 New Construction       
           
6 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Type  
 6.1 Introduction       
 6.2 Maintenance and Repair      
 6.3 Installation       
          
7 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Category 
 7.1 Introduction       
 7.2 Heating        
 7.3 Ventilation       
 7.4 Cooling        
          
8 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Application 
 8.1 Introduction       
 8.2 Temperature and Humidity      
 8.3 Airflow and Quality       
 8.4 Electrical        
          
9 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By End User 
 9.1 Introduction       
 9.2 Residential       
 9.3 Industrial        
 9.4 Commercial       
          
10 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Geography 
 10.1 Introduction       
 10.2 North America       
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe      
 10.4 Asia Pacific       
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand      
  10.4.6 South Korea      
  10.4.7 Rest of Asia Pacific      
 10.5 South America       
  10.5.1 Argentina       
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America     
 10.6 Middle East & Africa       
  10.6.1 Saudi Arabia      
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa      
  10.6.5 Rest of Middle East & Africa     
          
11 Key Developments        
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 11.2 Acquisitions & Mergers      
 11.3 New Product Launch       
 11.4 Expansions       
 11.5 Other Key Strategies       
          
12 Company Profiling        
 12.1 Honeywell International Inc      
 12.2 Robert Bosch GmbH       
 12.3 Emerson Electric Co       
 12.4 Siemens AG       
 12.5 Panasonic Corporation      
 12.6 Daikin Industries Ltd       
 12.7 LG Electronics Inc       
 12.8 Electrolux AB       
 12.9 Johnson Controls International PLC     
 12.10 Ingersoll-Rand PLC       
 12.11 United Technologies Corp      
 12.12 Fujitsu General Ltd       
 12.13 Gardner Denver Holdings Inc      
 12.14 Carrier Corporation       
 12.15 Lennox International Inc      
 12.16 Nortek Global HVAC       

 

Heating, Ventilation, and Air Conditioning (HVAC) Services - Global Market Outlook (2020-2028)


List of Tables         
1 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Region (2019-2028) ($MN)
2 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
3 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
4 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
5 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
6 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
7 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
8 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
9 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
10 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
11 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
12 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
13 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
14 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
15 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
16 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
17 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
18 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
19 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)
20 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2019-2028) ($MN)
21 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
22 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
23 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
24 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
25 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
26 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
27 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
28 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
29 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
30 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
31 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
32 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
33 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
34 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
35 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
36 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
37 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
38 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)
39 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2019-2028) ($MN)
40 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
41 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
42 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
43 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
44 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
45 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
46 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
47 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
48 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
49 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
50 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
51 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
52 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
53 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
54 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
55 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
56 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
57 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)
58 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2019-2028) ($MN)
59 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
60 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
61 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
62 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
63 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
64 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
65 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
66 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
67 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
68 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
69 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
70 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
71 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
72 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
73 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
74 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
75 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
76 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)
77 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2019-2028) ($MN)
78 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
79 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
80 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
81 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
82 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
83 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
84 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
85 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
86 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
87 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
88 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
89 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
90 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
91 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
92 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
93 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
94 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
95 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)
96 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2019-2028) ($MN)
97 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2019-2028) ($MN)
98 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2019-2028) ($MN)
99 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2019-2028) ($MN)
100 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2019-2028) ($MN)
101 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2019-2028) ($MN)
102 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2019-2028) ($MN)
103 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2019-2028) ($MN)
104 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2019-2028) ($MN)
105 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2019-2028) ($MN)
106 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2019-2028) ($MN)
107 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2019-2028) ($MN)
108 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2019-2028) ($MN)
109 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2019-2028) ($MN)
110 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2019-2028) ($MN)
111 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2019-2028) ($MN)
112 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2019-2028) ($MN)
113 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2019-2028) ($MN)
114 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2019-2028) ($MN)

 

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