Asia Pacific Hvac Rental Services Market Size & Outlook
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Asia Pacific hvac rental services market highlights
- The Asia Pacific hvac rental services market generated a revenue of USD 1,069.0 million in 2024.
- The market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, heating was the largest revenue generating product in 2024.
- Cooling is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,069.0 million |
| Market revenue in 2030 | USD 1,574.7 million |
| Growth rate | 6.9% (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 |
| Key market players worldwide | Carrier Global Corp Ordinary Shares, Aggreko, Dex Media, HVAC Rentals, Andrews Sykes Group, Johnson Controls International PLC, Big Ten Rentals, Brookfield Business Partners LP, Caterpillar Inc, Trane Technologies PLC Class A, United Rentals Inc, Herc Holdings Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 48.0% of the global hvac rental services market in 2024.
- 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 1,574.7 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 |
Asia Pacific 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 46.15% in 2024. Horizon Databook has segmented the Asia Pacific hvac rental services market based on heating, ventilation, cooling covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hvac rental services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hvac rental services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific hvac rental services market size, by country, 2018-2030 (US$M)
Asia Pacific HVAC Rental Services Market Outlook Share, 2024 & 2030 (US$M)
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