North America Hvac Maintenance Services Market Size & Outlook
North America hvac maintenance services market, 2018-2030 (US$M)
North America hvac maintenance services market highlights
- The North America hvac maintenance services market generated a revenue of USD 13,241.6 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, repair was the largest revenue generating service in 2023.
- Repair is the most lucrative service segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 13,241.6 million |
| Market revenue in 2030 | USD 17,626.9 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Repair |
| Fastest growing segment | Repair |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Repair |
| Key market players worldwide | Carrier Corporation, Toshiba Corporation, Mitsubishi Corp, Johnson Controls International PLC, Daikin Industries Ltd, MGCS, Carolina Filters, LG Electronics Inc ADR |
Other key industry trends
- In terms of revenue, North America region accounted for 16.9% of the global hvac maintenance services market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 58,599.5 million by 2030.
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HVAC Maintenance Services Market Scope
HVAC Maintenance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America hvac maintenance services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hvac maintenance services market will help companies and investors design strategic landscapes.
Repair was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the North America hvac maintenance services market based on repair covering the revenue growth of each sub-segment from 2018 to 2030.
The North America HVAC maintenance services market is propelled by the region's significant and growing demand for energy-efficient heating, ventilation, and air conditioning (HVAC) systems.
As both residential and commercial buildings seek to reduce energy consumption and costs, the emphasis on regular maintenance to ensure the efficient operation of HVAC systems has become paramount. This focus on sustainability and efficiency, combined with the rigorous climate variations across the continent, drives the necessity for ongoing HVAC maintenance services.
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Our clientele includes a mix of hvac maintenance services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America hvac maintenance services market , including forecasts for subscribers. This continent databook contains high-level insights into North America hvac maintenance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hvac maintenance services market size, by country, 2018-2030 (US$M)
North America HVAC Maintenance Services Market Outlook Share, 2024 & 2030 (US$M)
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