HVAC Services Market Size To Increase $ 21.52 Million Between 2021 and 2025 | Development of electric vehicle charging infrastructure to drive growth

The market is driven by the development of EV charging infrastructure and the growing demand for replacements in developed countries. However, the high cost of batteries used in electric vehicles will challenge growth.

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HVAC Services Market: End User Environment

By end-user, the market has seen significant demand for HVAC services from the non-residential segment in 2020. The market growth in the non-residential end-user segment will be significant during the forecast period.

HVAC Services Market: Geographic Landscape

By geography, APAC will experience lucrative growth during the forecast period. About 46% of the overall market growth is expected to come from APAC. China, Japan, and India are the key markets for HVAC services in Asia Pacific.

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Covered companies:

  • ABM Industries Inc.
  • Air comfort
  • Alexandre Mécanique
  • Blue Star Ltd.
  • Carrier Global Corp.
  • Daikin Industries Ltd.
  • National HVAC Service
  • Samsung Electronics Co. Ltd.

What our reports offer:

  • Market share assessments for regional and national segments
  • Strategic recommendations for new entrants
  • Covers market data for 2020, 2021, through 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)
  • Strategic recommendations in key business segments based on market estimates
  • Competitive landscaping mapping the main common trends
  • Company profiling with detailed strategies, financial data and recent developments
  • Supply chain trends mapping the latest technological advancements

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Associated reports:
Global Industrial HVAC Market
– The global industrial HVAC market is segmented by end user (process industry and discrete industry) and by geography (APAC, Europe, North America, South America, and MEA).
Download an exclusive free sample report

Global HVAC Test Instruments Market – The global HVAC test instruments market is segmented by application (air flow and quality, temperature and humidity, electricity and others) and by geography (APAC, North America, Europe, MEA and South America).
Download an exclusive free sample report

Scope of HVAC Services Market

Cover of the report


Page number


Year of reference


Forecast period


Growth dynamics and CAGR

Decelerate to a CAGR of over 6%

Market growth 2021-2025

$ 21.52 million

Market structure


Annual growth (%)


Regional analysis

APAC, Europe, North America, MEA and South America

Efficient contribution to the market

46% APAC

Main consumer countries

China, United States, Japan, Germany, United Kingdom and India

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

ABM Industries Inc., Air Comfort, Alexander Mechanical, Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., ENGIE SA, National HVAC Service and Samsung Electronics Co. Ltd.

Market dynamics

Analysis of the parent market, market growth drivers and obstacles, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.


If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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