Heating Ventilation And Air Conditioning Hvac Services Market
PUBLISHED: 2022 ID: SMRC20557
SHARE
SHARE

Heating Ventilation And Air Conditioning Hvac Services Market

Heating, Ventilation, and Air Conditioning (HVAC) Services Market Forecasts to 2028 – Global Analysis By Type (Installation, Maintenance and Repair), Implementation Type, Category, Application, End User, and By Geography

4.1 (84 reviews)
4.1 (84 reviews)
Published: 2022 ID: SMRC20557

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2020-2028

Estimated Year Value (2021)

US $9.06BN

Projected Year Value (2028)

US $21.31 BN

CAGR (2021 - 2028)

13.0%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Europe

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market is accounted for $9.06 billion in 2021 and is expected to reach $21.31 billion by 2028 growing at a CAGR of 13.0% during the forecast period. HVAC is an acronym for heating, ventilation, and air conditioning. HVAC services organize the regulation of temperature inside a building, using either heating or cooling systems, wall and ceiling ducting or other HVAC technologies. HVAC services include construction, installation, and servicing of heating, cooling, and ventilation systems and equipment. In larger, industrial systems, HVAC software is used to manage an HVAC service system with respect to other areas such as scheduling, dispatch, billing, maintenance, and inventory. Specialized HVAC software is also used by engineers to design ductwork and piping plans. HVAC services enhance system performance evaluation and efficiency optimization of central boiler and chiller systems, vapor-compression cycles of AC and heat pump systems, and of distribution and ventilation systems. HVAC services reduce consumption of energy and increase understanding of system maintenance.



Market Dynamics:
 
Driver:

Rising demand for safety, comfort, and aesthetic features


The increasing demand for safety, comfort, and aesthetic features has led to several technological advancements in vehicles. HVAC services ensure comfortable ride for the driver as well as the passenger. In addition, the services contribute toward defrosting windows, demisting windshields, and dehumidifying air, which improve the comfort of the passengers. The safe and clean running of the system eliminates risk factors in future. Thus, increase in safety due to adoption of HVAC services by providing safe and favorable conditions inside the vehicle cabin is anticipated to propel the automotive HVAC Services market growth.

Restraint:

Huge maintenance cost


HVAC services are highly costly to integrate and expensive to repair in case of a failure. Installation of HVAC unit in a vehicle results in increase in the overall cost of the automobile. An automobile HVAC unit consists of compressor, condensers, evaporators, and other components. To keep these components in good working condition, regular maintenance is required, which is significantly expensive. Compressor is the costliest component in the systems and requires proper refrigerant and lubrication levels to reduce the risk of premature compression failure. Thus, high maintenance cost of the overall components of HVAC system is anticipated to hinder the growth of the global HVAC Services market.

Opportunity:

Rising technological advancements


The rising inclination for technologically advanced systems is likely to drive the HVAC Services market. The rise in green-labelled products due to the increased environmental awareness has given rise to the thermally driven air-conditioners. These air-conditioners use both natural gas as well as solar energy, thus ensuring energy efficiency. The additional benefits offered are low maintenance, independent control of pipes for heating and cooling purposes, and automatically adjusts to current requirements, along with improved lifetime cost and efficiency. Additionally, smart thermostats and sensors, which can be controlled remotely through apps, are gaining popularity among the customers, especially in commercial buildings in order to gain energy and cost-efficiency, thereby increasing demand for the market growth.

Threat:

Uncertainties due to the pandemic


Uncertainty around the actual duration of the prevailing lockdown makes it hard to anticipate how a recovery in the construction industry will unfold. On similar lines, the HVAC Services industry has been adversely affected by the COVID-19 outbreak due to the shutting down of several component manufacturing facilities across Japan, China, European countries, and the U.S. The global construction industry, once thriving with increased investments, has been severely affected by the suspension of the construction activities in the wake of the ongoing pandemic. Shortage of labors coupled with potential supply chain bottlenecks of materials and equipment is expected to cause project delays in the ongoing funded projects and may lead to reduced spending in the upcoming projects. This has consequently led to a significant slowdown in the production of HVAC equipment. Lockdowns imposed by the governments in the wake of the Covid-19 outbreak has not only affected manufacturing but also pegged back the consumer demand for HVAC services.

The retrofit buildings segment is expected to be the largest during the forecast period

The retrofit buildings segment is estimated to have a lucrative growth owing to a large number of installed HVAC systems in existing buildings and the high demand for maintenance & repair services. Retrofit projects are designed to integrate new components into existing HVAC networks. Retrofitting provides a more cost-effective way to improve system performance without the need to replace the entire system. The green building initiative and steps taken to reduce the adverse effects on the environment caused by old HVAC systems are boosting the adoption of new HVAC line sets in retrofits. When a major component in either the outdoor or indoor unit of a traditional heat pump system or air conditioner fails, both units should be replaced because newer equipment is carefully matched for optimal efficiency and operating pressures.

The installation segment is expected to have the highest CAGR during the forecast period

The installation segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the rise in construction activities in the residential, commercial, and industrial sectors. HVAC refers to the climate control systems installed in homes or commercial properties. Their task is to move heated or cooled filtered air throughout the building, to keep inhabitants of the structure comfortable. The installation process is a crucial step because it serves as the unit’s foundation. It means the efficiency of all future uses of the central air and heating system depends on its proper installation. HVAC installation involves electricity, plumbing, and natural gas systems, all systems that are critical to the integrity, safety, and efficiency of the home. Depending on the home, installing an HVAC unit can take one to multiple days. It prevents delays caused by locating a missing part at a critical juncture. Implementing HVAC during construction should comply with several regulations and standards. Moreover, new energy-efficient HVAC systems are replacing the traditional HVAC systems, which need installation. New technologies are required in the HVAC system to increase energy efficiency, reduce energy costs, and lower carbon emissions.

Region with highest share:

Europe is projected to hold the largest market share during the forecast period driven by the flourishing tourism sector and real estate industry in the region. Governments of the region are promoting the use of energy-efficient systems by providing subsidies and tax benefits. As a result, in addition to new constructions, existing customers are also upgrading to new energy-efficient systems. Major factors driving the market for Europe HVAC services include an increase in new households, rising average construction spending, rising government spending on sustainable building development, rapid urbanization, and growth in disposable income across several European economies. In Germany, the government is actively promoting the fast development and integration of renewable and efficient heating and cooling technologies, through new laws and attractive incentives. This promotion has led to a significant market shift in Germany, fueling the growth of HVAC services market.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period. The market in Asia-Pacific is anticipated to benefit from technological advancements and increasing investment in the consumer electronics sector across the region. The demand for air conditioners in the region is very high with some households owning more than one appliance. The market is propelled by rising consumer awareness about HVAC products and increasing adoption of inverter-based air conditioning systems. China, India, and Japan are the major contributors to the growth of this market. Increasing construction activities and rising population are also boosting the growth of the market in the region.



Key players in the market

Some of the key players profiled in the Heating, Ventilation, and Air Conditioning (HVAC) Services Market include Carrier Corporation, Daikin Industries Ltd, Electrolux AB, Emerson Electric Co, Fujitsu General Ltd, Gardner Denver Holdings Inc, Honeywell International Inc, Ingersoll-Rand PLC, Johnson Controls International PLC, Lennox International Inc, LG Electronics Inc, Panasonic Corporation, Robert Bosch GmbH, Siemens AG, and United Technologies Corp.

Key Developments:

In March 2021, Johnson Controls acquired Cool Solution. The acquisition allows Johnson Controls to fill a geographic service gap in Wales and the South West. This will enable Johnson Controls’ HVAC team to service more customers, and ensure the company can better serve its existing customers with an even stronger install and service offering.

In November 2020, Honeywell launched new products to improve air quality in commercial buildings. Healthy Buildings Air Quality offering to help improve and measure commercial building indoor air quality with the introduction of Honeywell Electronic Air Cleaners (EACs) with UV Systems and a new line of indoor air quality (IAQ) sensors. Honeywell EACs with UV help remove impurities from the air as well as provide filtration and disinfection, without significantly impeding air flow.

In June 2020, Emerson launched two new HVAC on air podcast series focused on technology and regulatory updates. It will focus on upcoming energy efficiency and refrigerant regulations as well as industry trends and contractor support.
 
Types Covered:
• Installation
• Maintenance and Repair
 
Implementation Types Covered:
• New Construction
• Retrofit Buildings
 
Categories Covered:
• Cooling
• Heating
• Ventilation
 
Applications Covered:
• Airflow and Quality
• Electrical
• Temperature and Humidity
 
End Users Covered:
• Commercial
• Industrial
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface           

 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 Application Analysis        
 3.7 End User Analysis         
 3.8 Emerging Markets          
 3.9 Impact of Covid-19         
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Type   
 5.1 Introduction         
 5.2 Installation         
 5.3 Maintenance and Repair        
            
6 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Implementation Type  
 6.1 Introduction         
 6.2 New Construction         
 6.3 Retrofit Buildings         
            
7 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Category   
 7.1 Introduction         
 7.2 Cooling          
 7.3 Heating          
 7.4 Ventilation         
            
8 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Application   
 8.1 Introduction         
 8.2 Airflow and Quality         
 8.3 Electrical          
 8.4 Temperature and Humidity        
            
9 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By End User   
 9.1 Introduction         
 9.2 Commercial         
 9.3 Industrial          
 9.4 Residential         
            
10 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market, By Geography   
 10.1 Introduction         
 10.2 North America         
  10.2.1 US          
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe          
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe        
 10.4 Asia Pacific         
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand        
  10.4.6 South Korea        
  10.4.7 Rest of Asia Pacific        
 10.5 South America         
  10.5.1 Argentina        
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia        
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa        
  10.6.5 Rest of Middle East & Africa       
            
11 Key Developments          
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions          
 11.5 Other Key Strategies        
            
12 Company Profiling          
 12.1 Carrier Corporation         
 12.2 Daikin Industries Ltd        
 12.3 Electrolux AB         
 12.4 Emerson Electric Co         
 12.5 Fujitsu General Ltd          
 12.6 Gardner Denver Holdings Inc        
 12.7 Honeywell International Inc        
 12.8 Ingersoll-Rand PLC         
 12.9 Johnson Controls International PLC       
 12.10 Lennox International Inc        
 12.11 LG Electronics Inc         
 12.12 Panasonic Corporation        
 12.13 Robert Bosch GmbH         
 12.14 Siemens AG         
 12.15 United Technologies Corp        


List of Tables           
1 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Region (2020-2028) ($MN) 
2 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN) 
3 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
4 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
5 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
6 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
7 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
8 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
9 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN) 
10 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN) 
11 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
12 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
13 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
14 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
15 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
16 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN) 
17 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
18 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
19 Global Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)
20 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2020-2028) ($MN)
21 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN)
22 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
23 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
24 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
25 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
26 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
27 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
28 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN)
29 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN)
30 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
31 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
32 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
33 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
34 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
35 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN)
36 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
37 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
38 North America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)
39 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2020-2028) ($MN) 
40 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN) 
41 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
42 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
43 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
44 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
45 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
46 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
47 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN) 
48 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN) 
49 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
50 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
51 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
52 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
53 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
54 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN)
55 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
56 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
57 Europe Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)
58 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2020-2028) ($MN)
59 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN)
60 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
61 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
62 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
63 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
64 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
65 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
66 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN)
67 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN)
68 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
69 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
70 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
71 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
72 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
73 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN)
74 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
75 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
76 Asia Pacific Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)
77 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2020-2028) ($MN)
78 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN)
79 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
80 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
81 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
82 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
83 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
84 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
85 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN)
86 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN)
87 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
88 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
89 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
90 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
91 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
92 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN)
93 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
94 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
95 South America Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)
96 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Country (2020-2028) ($MN)
97 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Type (2020-2028) ($MN)
98 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Installation (2020-2028) ($MN)
99 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Maintenance and Repair (2020-2028) ($MN)
100 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Implementation Type (2020-2028) ($MN)
101 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By New Construction (2020-2028) ($MN)
102 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Retrofit Buildings (2020-2028) ($MN)
103 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Category (2020-2028) ($MN)
104 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Cooling (2020-2028) ($MN)
105 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Heating (2020-2028) ($MN)
106 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Ventilation (2020-2028) ($MN)
107 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Application (2020-2028) ($MN)
108 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Airflow and Quality (2020-2028) ($MN)
109 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Electrical (2020-2028) ($MN)
110 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Temperature and Humidity (2020-2028) ($MN)
111 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By End User (2020-2028) ($MN)
112 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Commercial (2020-2028) ($MN)
113 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Industrial (2020-2028) ($MN)
114 Middle East & Africa Heating, Ventilation, and Air Conditioning (HVAC) Services Market Outlook, By Residential (2020-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials