Global Hvac Rental Services Market Size & Outlook, 2025-2030

The global hvac rental services market size was estimated at USD 2,228.5 million in 2024 and is projected to reach USD 3,124.5 million by 2030, growing at a CAGR of 5.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$2,228.5
Forecast, 2030 (US$M)
$3,124.5
CAGR, 2025 - 2030
5.9%
Report Coverage
Worldwide

Global hvac rental services market highlights

  • The global hvac rental services market generated a revenue of USD 2,228.5 million in 2024 and is expected to reach USD 3,124.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
  • In terms of segment, heating accounted for a revenue of USD 960.5 million in 2024.
  • Cooling is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 2,228.5 million
Market revenue in 2030USD 3,124.5 million
Growth rate5.9% (CAGR from 2025 to 2030)
Largest segmentHeating
Fastest growing segmentCooling
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHeating, Ventilation, Cooling

Other key industry trends

  • In terms of revenue, the North America accounted for 16.6% of the global hvac rental services market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 227.3 million by 2030.

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HVAC Rental Services Market Companies

Name Profile # Employees HQ Website
Big Ten Rentals View profile 11-50 Iowa City, Iowa, United States, North America https://bigtenrentals.com
Andrews Sykes Group View profile 101-250 Wolverhampton, Wolverhampton, United Kingdom, Europe https://www.andrews-sykes.com/
HVAC Rentals View profile 51-100 Bolton, Ontario, Canada, North America https://hvacrentals.ca
Dex Media View profile 1001-5000 Dallas, Texas, United States, North America http://www.dexmedia.com
Herc Holdings Inc View profile 7200 27500 Riverview Center Boulevard, Bonita Springs, FL, United States, 34134 https://www.hercrentals.com
Aggreko View profile 5001-10000 Glasgow, Glasgow City, United Kingdom, Europe http://www.plc.aggreko.com/
United Rentals Inc View profile 26300 100 First Stamford Place, Suite 700, Stamford, CT, United States, 06902 https://www.unitedrentals.com
Trane Technologies PLC Class A View profile 40000 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland https://www.tranetechnologies.com
Brookfield Business Partners LP View profile 72000 73 Front Street, 5th Floor, Hamilton, Bermuda, HM 12 https://www.bbu.brookfield.com
Carrier Global Corp Ordinary Shares View profile 53000 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 https://www.corporate.carrier.com
Caterpillar Inc View profile 121173 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 https://www.caterpillar.com
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com

Global hvac rental 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 rental services market will help companies and investors design strategic landscapes.


Heating was the largest segment with a revenue share of 43.1% in 2024. Horizon Databook has segmented the Global hvac rental services market based on heating, ventilation, cooling covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global HVAC Rental Services Product Outlook (Revenue, USD Million, 2018-2030)
    • Ventilation
    • Heating
    • Cooling
  • Global HVAC Rental Services Application Outlook (Revenue, USD Million, 2018-2030)
    • Industrial
    • Residential
    • Commercial

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Horizon Databook provides a detailed overview of global-level data and insights on the Global hvac rental services market , including forecasts for subscribers. This global databook contains high-level insights into Global hvac rental services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global hvac rental services market size, by regions, 2018-2030 (US$M)

Top 10 countries: Hvac rental services market size, 2024 (US$M)

Global hvac rental services market share, by product, 2024 & 2030 (%, US$M)

Hvac rental services market: Opportunity assessment by country

Global hvac rental services market, by region, 2024 (US$M)

Global hvac rental services market size, by regions, 2018-2030 (US$M)

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