Product Code: GVR-4-68040-451-9
HVAC Maintenance Services Market Trends:
The global HVAC maintenance services market size was estimated at USD 78.54 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030. The market is currently experiencing robust growth, driven by several key factors. Firstly, the increasing awareness among consumers and businesses about the importance of maintaining HVAC systems for energy efficiency, longevity, and health benefits has significantly contributed to the market's expansion. Regular maintenance ensures that HVAC systems operate at optimum efficiency, leading to reduced energy consumption and lower utility bills. Additionally, well-maintained systems are less likely to suffer from unexpected breakdowns, reducing the need for costly repairs and replacements.
The rising demand for HVAC systems in the residential, commercial, and industrial sectors is also propelling the growth of the maintenance services market. The rapid urbanization and infrastructure development worldwide has resulted in an increased installation of HVAC systems in new buildings and facilities. This surge in installations has, in turn, led to a greater demand for professional maintenance services to keep these systems in prime condition. Furthermore, advancements in technology and the introduction of smart HVAC systems have made maintenance services more critical than ever, as these high-tech systems require specialized knowledge and skills for proper care and upkeep.
The regulatory changes and government initiatives aimed at promoting energy efficiency are likely to increase the demand for professional maintenance services that can ensure compliance with new standards. As the market continues to evolve, service providers who can offer innovative, cost-effective, and environmentally friendly maintenance solutions are expected to gain a competitive edge.
Global HVAC Maintenance Services Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global HVAC maintenance services market based on the service, product, application and region:
- Service Outlook (Revenue, USD Billion; 2018 - 2030)
- Repair
- Upgrade/Replacement
- Product Outlook (Revenue, USD Billion; 2018 - 2030)
- Air Handling Units
- AC System
- Air purifier
- Heat Pump
- Others
- Application Outlook (Revenue, USD Billion; 2018 - 2030)
- Residential
- Commercial
- Industrial
- Regional Outlook (Revenue, USD Billion; 2018 - 2030)
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. HVAC Maintenance Services Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Concentration & Penetration Outlook
- 3.3. Industry Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Drivers Analysis
- 3.6.2. Market Restraints Analysis
- 3.6.3. Market Opportunity Analysis
- 3.6.4. Market Challenge Analysis
- 3.7. HVAC Maintenance Services Market Analysis Tools
- 3.7.1. Porter's Analysis
- 3.7.1.1. Bargaining power of the suppliers
- 3.7.1.2. Bargaining power of the buyers
- 3.7.1.3. Threats of substitution
- 3.7.1.4. Threats from new entrants
- 3.7.1.5. Competitive rivalry
- 3.7.2. PESTEL Analysis
- 3.7.2.1. Political landscape
- 3.7.2.2. Economic and Social landscape
- 3.7.2.3. Technological landscape
- 3.7.2.4. Environmental landscape
- 3.7.2.5. Legal landscape
Chapter 4. HVAC Maintenance Services Market: Service Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. HVAC Maintenance Services Market: Service Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Repair
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Upgrade/Replacement
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. HVAC Maintenance Services Market: Product Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. HVAC Maintenance Services Market: Product Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Air Handling Units
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. AC System
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Air purifier
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Heat Pump
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Others
- 5.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. HVAC Maintenance Services Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. HVAC Maintenance Services Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Residential
- 6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Commercial
- 6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Industrial
- 6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. HVAC Maintenance Services Market: Region Estimates & Trend Analysis
- 7.1. HVAC Maintenance Services Market Share, By Region, 2023 & 2030, USD Billion
- 7.2. North America
- 7.2.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.2.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.2.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.2.5. U.S.
- 7.2.5.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.5.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.2.5.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.2.5.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.2.6. Canada
- 7.2.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.2.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.2.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.2.7. Mexico
- 7.2.7.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.7.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.2.7.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.2.7.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.4. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.5. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3.6. UK
- 7.3.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3.7. Germany
- 7.3.7.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.7.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.7.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.7.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3.8. France
- 7.3.8.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.8.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.8.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.8.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3.9. Italy
- 7.3.9.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.9.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.9.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.9.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.3.10. Spain
- 7.3.10.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.10.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.3.10.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.3.10.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.4. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.5. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4.6. China
- 7.4.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4.7. India
- 7.4.7.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.7.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.7.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4.8. Japan
- 7.4.8.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.8.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.8.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.8.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4.9. South Korea
- 7.4.9.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.9.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.9.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.9.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.4.10. Australia
- 7.4.10.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.10.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.4.10.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.4.10.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.5.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.5.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.5.5. Brazil
- 7.5.5.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.5.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.5.5.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.5.5.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.5.6. Argentina
- 7.5.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.5.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.5.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.6. Middle East & Africa
- 7.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.6.5. South Africa
- 7.6.5.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.5.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.6.5.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.6.5.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.6.6. Saudi Arabia
- 7.6.6.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.6.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.6.6.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.6.6.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
- 7.6.7. UAE
- 7.6.7.1. HVAC Maintenance Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.7.2. HVAC Maintenance Services Market Estimates and Forecasts by Service, 2018 - 2030 (USD Billion)
- 7.6.7.3. HVAC Maintenance Services Market Estimates and Forecasts by Product, 2018 - 2030 (USD Billion)
- 7.6.7.4. HVAC Maintenance Services Market Estimates and Forecasts by Application, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis, 2023
- 8.5. Company Heat Map Analysis, 2023
- 8.6. Strategy Mapping
- 8.7. Company Profiles
- 8.7.1. Carrier Corporation.
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Strategic Initiatives
- 8.7.2. West* Toshiba.
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Strategic Initiatives
- 8.7.3. Mitsubishi Group
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Strategic Initiatives
- 8.7.4. Johnson Controls
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Strategic Initiatives
- 8.7.5. Daikin
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Strategic Initiatives
- 8.7.6. Electromechanical Maintenance Services
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Strategic Initiatives
- 8.7.7. Bradbury Brothers Cooling, Heating, Plumbing & Electrical
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Strategic Initiatives
- 8.7.8. AAA Filter Service
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Strategic Initiatives
- 8.7.9. MG Cooling Solutions.
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.9.4. Strategic Initiatives
- 8.7.10. Carolina Filters, Inc.
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.10.4. Strategic Initiatives
- 8.7.11. LG Service & Maintenance.
- 8.7.11.1. Participant's Overview
- 8.7.11.2. Financial Performance
- 8.7.11.3. Product Benchmarking
- 8.7.11.4. Strategic Initiatives