Press release
HVAC Services Market to Hit $130.7B by 2035-Fueled by Energy-Efficient & Smart Tech
According to this latest publication from Meticulous Research®, the The HVAC Services Market was valued at USD 66.8 billion in 2024 and is estimated to grow at a CAGR of 6.4% from 2025 to 2035, reaching USD 130.7 billion by 2035. The HVAC services market is growing rapidly. It's expected to increase from $66.8 billion in 2024 to a projected $130.7 billion by 2035, achieving a steady 6.4% annual growth rate. This market includes everything from installing new heating and cooling systems to maintaining existing equipment and upgrading older buildings with modern, energy-efficient technology.
The Forces Driving Market Growth:
1. The Push for Energy Efficiency
Building owners are increasingly focused on cutting energy costs and reducing environmental impact. This increases demand for HVAC service upgrades and energy-efficient retrofits. Modern building operators realize that well-maintained HVAC systems can save a lot of energy while adhering to stricter environmental regulations. This trend is fueled by rising energy costs, increased environmental awareness, and the growing popularity of green building certifications that demand high-performance climate control systems.
Download Sample Report Here: @ https://www.meticulousresearch.com/download-sample-report/cp_id=6218
2. Indoor Air Quality Takes Center Stage
The focus on indoor air quality has grown significantly, especially after the COVID-19 pandemic. According to the EPA, indoor air can be 2-5 times more polluted than outdoor air, and Americans spend 90% of their time indoors. This reality has led to increased demand for HVAC services that improve air quality through better filtration systems, increased ventilation, and air purification technologies.
3. Construction Boom Fuels Service Demand
Global construction spending is expected to hit $15.5 trillion by 2030, with significant activity in Asia-Pacific, North America, and the Middle East. In the U.S. alone, new private residential construction spending surpassed $900 billion in 2024. This construction boom leads to higher demand for HVAC services because every new building needs installation, commissioning, and ongoing maintenance.
Industry Leaders and Innovation:
The HVAC services market includes a diverse range of large service providers, specialized contractors, equipment manufacturers with service divisions, and regional companies driving innovation. Major players consist of EMCOR Group, Johnson Controls International, Comfort Systems USA, Trane Technologies, Carrier Global Corporation, ABM Industries, Honeywell International, Daikin Industries, Lennox International, Southland Industries, Service Logic Corporation, Siemens (Building Technologies), Schneider Electric, Mitsubishi Electric Corporation, and Rheem Manufacturing Company. These companies focus on creating digital service platforms, integrating IoT technologies, improving predictive maintenance, offering comprehensive energy efficiency solutions, and expanding geographically to strengthen their market presence and capture the growing demand for professional HVAC services.
Browse in Depth: https://www.meticulousresearch.com/product/hvac-services-market-6218
Market Segments and Service Types
1. Service Categories Lead Different Growth Patterns
Maintenance and repair services currently lead the market due to the ongoing need for system upkeep, the increase in extreme weather events, and the rise of smart, IoT-enabled HVAC systems. However, energy efficiency and retrofit services are experiencing the fastest growth, driven by sustainability initiatives, government incentives, and rising energy costs. Integrated HVAC systems are the largest segment by system type because of their complicated maintenance needs and the focus on system optimization. Meanwhile, air conditioning systems are seeing notable growth as climate change raises cooling demands and spurs more commercial installations.
2. Commercial Buildings Drive Market Leadership
The commercial segment holds the largest market share, reflecting the complex nature of commercial HVAC systems and their need for professional maintenance to comply with regulations. Commercial buildings require specialized expertise for their advanced climate control systems, making professional services essential rather than optional.
Regional Market Dynamics:
1. North America Leads, Asia-Pacific Grows Fastest
North America currently leads the HVAC services market due to its aging infrastructure requiring maintenance, a strong focus on energy efficiency, robust commercial construction, and rising demand for indoor air quality services. The region benefits from established service providers, industry standards, and regulations that support professional service requirements. Asia-Pacific is expected to see the highest growth rate, driven by rapid urbanization, increased construction activity, rising disposable incomes, greater awareness of indoor air quality, and expanding commercial infrastructure development.
Future Outlook:
The HVAC services market goes beyond maintenance and repair. It's about creating healthier, more efficient, and more sustainable built environments that improve occupant comfort while reducing environmental impact.
Buy the Complete Report with an Impressive Discount: https://www.meticulousresearch.com/view-pricing/1535
Key Questions Answered in the Report:
What is the size of the HVAC services market (HVAC サービス市場), and at what CAGR is this market projected to grow during 2025-2035?
Which service type segment is projected to hold the major share of the HVAC services market in 2025?
Which end-user segment is expected to record the highest growth rate during the forecast period?
Related Reports:
Portable and Personal HVAC Cooling Devices Market: https://www.meticulousresearch.com/product/portable-and-personal-hvac-cooling-devices-market-6212
HVAC Fans and Blowers Market: https://www.meticulousresearch.com/product/hvac-fans-and-blowers-market-6215
About Us:
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions-syndicated reports, custom research, and direct analyst engagement.
Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace.
Contact Us:
Meticulous Market Research Pvt. Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
Email- sales@meticulousresearch.com
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Visit Our Website: https://www.meticulousresearch.com/
For Latest Update Follow Us:
LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release HVAC Services Market to Hit $130.7B by 2035-Fueled by Energy-Efficient & Smart Tech here
News-ID: 4171085 • Views: …
More Releases from Meticulous Research®
Risk Management Market to Reach $52.7 Billion by 2032 | Meticulous Research®
The global risk management market is entering a transformative phase as organizations worldwide prioritize proactive strategies to navigate rising cybersecurity threats, regulatory pressures, and digital transformation challenges. Valued at USD 18.4 billion in 2024, the market is projected to reach USD 20.7 billion in 2025 and soar to USD 52.7 billion by 2032, growing at a CAGR of 14.3% during the forecast period. This rapid growth is primarily driven by…
Game Consoles Market to Reach $67.2 Billion by 2032 | Meticulous Research®
The global game consoles market is entering a new era of innovation and expansion, driven by rapid technological advancements and evolving gamer preferences. Valued at USD 41.2 billion in 2024, the market is expected to reach USD 43 billion in 2025 and soar to USD 67.2 billion by 2032, growing at a CAGR of 6.6% during the forecast period. The growth is fueled by the rising demand for wireless and…
Shipping Containers Market to Reach $13.1 Billion by 2032
The global shipping containers market continues to expand steadily as international trade and maritime logistics evolve. Valued at USD 9.2 billion in 2024, the market is projected to reach USD 9.4 billion in 2025 and grow to USD 13.1 billion by 2032, registering a CAGR of 4.8% during the forecast period. This growth is primarily driven by the rising demand for cargo transportation through ships and the surge in trade…
Tissue Engineering Market to Reach $7.41 Billion by 2032 | Meticulous Research®
The global tissue engineering market is witnessing rapid expansion, fueled by growing advancements in regenerative medicine and increased product approvals. Valued at USD 1.91 billion in 2024, the market is projected to reach USD 2.24 billion in 2025 and further soar to USD 7.41 billion by 2032, growing at a remarkable CAGR of 18.6% during the forecast period. The market's growth is being driven by a combination of rising regulatory…
More Releases for HVAC
Fusion HVAC & Appliance Repair Expands Emergency HVAC Services for NYC Homeowner …
24/7 Rapid Response Team Ensures Fast, Reliable Heating and Cooling Repairs Across New York City
Manhattan, NY - Fusion HVAC & Appliance Repair [https://fusionhvacappliance.repair/], a leading provider of residential and commercial HVAC services, has announced the expansion of its emergency repair services to better serve homeowners and businesses in New York City. With round-the-clock availability, expert technicians, and a commitment to customer satisfaction, the company ensures that HVAC and essential…
HVAC Repair Near Me: A Comprehensive Guide to Quality HVAC Services
Having a reliable HVAC system is essential for maintaining comfort in your home, especially during extreme weather. From routine maintenance to emergency repairs, knowing where to find HVAC repair near me ensures your system operates efficiently year-round. In this guide, we'll explore various HVAC services near me [http://fosterpandh.com/], their importance, and how Foster Plumbing & Heating can address your needs.
Why HVAC Systems Are CrucialThe Role of HVAC in Your Home
HVAC…
The HVAC Pump Market: Unlocking Efficiency of The Heart of HVAC Systems
When it comes to maintaining comfortable temperatures in our homes, offices, and industrial spaces, we often take it for granted that our heating, ventilation, and air conditioning (HVAC) systems work seamlessly in the background. But behind the scenes, there's a critical component that plays a pivotal role in ensuring our spaces are cool in the summer, warm in the winter, and well-ventilated year-round - the HVAC pump.
The Workhorse of HVAC…
"Driving the HVAC Industry: Exploring the Growing Market of HVAC Actuators"
HVAC actuators are crucial components of heating, ventilation, and air conditioning (HVAC) systems. They control the movement and position of various HVAC components, such as dampers, valves, and diffusers, to maintain the desired temperature and air quality in a building.
The global hvac actuators market size was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from…
EDS's All-New HVAC Software Puts a Twist in the HVAC Industry
It's an expensive deal to keep a home warm, cool, and power rightly all the time. And it is a tedious job for the HVAC equipment providers to provide the right-sized HVAC solution without accurate heat or cooling load calculation. To address the challenges of the HVAC service providers, today, Energy Design Systems (EDS), a pioneered HVAC engineering solutions provider, has introduced EDS - a powerful HVAC software.
Today, Energy…
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV …
Automotive HVAC Technology MARKET
The market research report on the Global Automotive HVAC Technology Market presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and the…
