U.S. HVAC Services Market Size, Share, Growth, Trends, Applications, and Industry Strategies

The construction industry in the U.S. has been witnessing growth due to a number of factors, including the increasing population, focus towards infrastructural development, and swift urbanization. For example, as per the U.S. Census Bureau, the population in the country is predicted to rise by about 7% during 2019–2029. Residential construction activities are majorly increasing in the country, owing to the government initiatives for rising the home ownership rate.

Get the Free Sample Pages: https://www.psmarketresearch.com/market-analysis/us-hvac-services-market/report-sample

This is leading to the increasing demand for heating, ventilation, and air conditioning (HVAC) systems and related services in the U.S. According to a report by P&S Intelligence, the U.S. HVAC services market is predicted to generate a revenue of $35,714.5 million by 2030, increasing from $25,625.8 million in 2019, demonstrating a 3.1% CAGR during the forecast period (2020–2030). The different types of HVAC services are consulting, installation, maintenance & repair, and upgradation/replacement, out of which, the demand for upgradation/replacement services has been the highest.

It is important for HVAC systems to undergo regular maintenance, otherwise they lead to energy wastage and can take longer servicing time. In addition to this, mold and microorganisms can infest equipment that are not serviced on a regular basis because of its inefficient air filtration system. It is because of such factor that the demand for upgradation/replacement services is projected to be the highest during the forecast period as well. Other than this, the demand for consulting services is also expected to rise significantly during the forecast period.

Make Enquiry Before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-hvac-services-market

These days, the demand for smart HVAC systems is increasing considerably in the country, owing to rising focus towards energy efficiency, which is further projected to result in the growth of the U.S. HVAC services market in the coming years. Consumers are widely adopting building energy management systems (BEMS) for HVAC system, as it offers a numbers of advantages, including enabling user to optimize the energy consumption of the building. BEMS, however, need to be maintained regularly by professionals, thereby creating high demand for HVAC services.

Hence, the market is growing due to the increasing construction activities and rising need for smart HVAC systems in the country.

About Us:
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact Us:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.