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

May 2021 | 150 pages | ID: HE671D4D10B3EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the 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
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• 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
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

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

List Of Tables

LIST OF TABLES

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