Global Hvac Rental Services Market Size & Outlook, 2025-2030
Global hvac rental services market, 2018-2030 (US$M)
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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 2024 | USD 2,228.5 million |
| Market revenue in 2030 | USD 3,124.5 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Heating |
| Fastest growing segment | Cooling |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heating, 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 Scope
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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Target buyers of Global hvac rental services market databook
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Our clientele includes a mix of hvac rental services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
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)
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