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Global HVAC Services Market 2017-2021

Global HVAC Services Market 2017-2021

About HVAC Services

Heating, ventilation, and air conditioning (HVAC) services include installation, replacement, maintenance, and repair services. HVAC systems are meant to give comfortable air conditions in residential or commercial set-ups and provide thermal balance. The basic function of an HVAC equipment is to perform heating and cooling functions and ventilation of air.

Technavio’s analysts forecast the global HVAC services market to grow at a CAGR of 6.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global HVAC services market for 2017-2021. To calculate the market size, the report considers the new installations and aftermarket services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global HVAC Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carrier Corporation
  • DAIKIN INDUSTRIES
  • Ingersoll Rand
  • Johnson Controls International
Other prominent vendors
  • Nortek
  • LG Electronics
  • ELECTROLUX
  • Emerson
  • Bosch Thermotechnik
  • Fujitsu
  • Haier
  • Lennox International
  • Samsung
  • Siemens
  • Vaillant Group
Market driver
  • Increased construction activity
  • For a full, detailed list, view our report
Market challenge
  • Sluggish Chinese economy
  • For a full, detailed list, view our report
Market trend
  • Advanced monitoring systems and intelligent technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global HVCA services market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Global HVAC services market landscape
    • Market size and forecast
      • Table Global HVAC services market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global HVAC services market by end-user 2016-2021
    • Residential sector
      • Table Global HVAC services market in residential sector 2016-2021 ($ billions)
    • Non-residential sector
      • Table Global HVAC services market in non-residential sector 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global HVAC services market by geography 2017-2021
    • APAC
      • Table HVAC services market in APAC 2016-2021 ($ billions)
    • EMEA
      • Table HVAC services market in EMEA 2016-2021 ($ billions)
    • Americas
      • Table HVAC services market in Americas 2016-2021 ($ billions)
  • Market drivers
    • Increased construction activity
      • Table Under construction projects for privately owned housing units in the US (thousand units) 2010-2016
    • Growing demand for replacements in developed countries
    • Uncertain weather conditions
  • Market challenges
    • Sluggish Chinese economy
    • Capital-intensiveness
    • Competition from local vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advanced monitoring systems and intelligent technologies
    • Efficient maintenance and personal services for HVAC systems
    • Growing data center market
  • Vendor landscape
    • Market overview
    • Other prominent vendors
      • Table Other prominent vendors in the HVAC chillers market
  • Key vendor analysis
    • Carrier Corporation
    • DAIKIN INDUSTRIES
      • Table Products and services by DAIKIN INDUSTRIES
    • Ingersoll Rand
      • Table Product offerings by Ingersoll Rand
      • Table Product offerings by Trane
      • Table Service offerings by Trane
    • Johnson Controls International
      • Table Product offerings by Johnson Controls International
  • Appendix
    • List of abbreviations
  • Explore Technavio

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