How big is the Europe HVAC Services Market?

The Europe HVAC Services Market size is expected to reach USD 14.68 billion in 2024 and grow at a CAGR of 7.10% to reach USD 20.68 billion by 2030. Read More

What is the current Europe HVAC Services Market size?

In 2024, the Europe HVAC Services Market size is expected to reach USD 14.68 billion. Read More

Who are the key players in Europe HVAC Services Market?

Aggreko PLC, Carrier Corporation, Daikin Industries Ltd, Envirotec Limited and Flaktgroup are the major companies operating in the Europe HVAC Services Market. Read More

What years does this Europe HVAC Services Market cover, and what was the market size in 2023?

In 2023, the Europe HVAC Services Market size was estimated at USD 13.64 billion. The report covers the Europe HVAC Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe HVAC Services Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Europe HVAC Services Market Size & Share Analysis - Industry Research Report

Europe HVAC Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The European HVAC Services Market Report is Segmented by Type of Service (Maintenance & Repair and Installation), Implementation Type (New Construction and Retrofit Buildings), End User (Residential and Non-Residential), and Country (United Kingdom, Germany, France, Italy, Spain, Nordic, and Central/Eastern/Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Europe HVAC Services Industry Overview

The European HVAC services market is highly fragmented, and some of the major players in the market are Aggreko PLC, Carrier Corporation, Daikin Industries Ltd, Envirotec Limited, and Flaktgroup. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

January 2024: Carrier broadened its line of HVAC products manufactured in India by introducing a variety of AHUs and fan coil units. These units are designed to cater to the varying requirements of commercial buildings in India, offering designed solutions for maintaining healthy indoor environments. The locally produced HVAC products improve availability, extend the range of services, and enhance support for various distribution channels, thus driving the market's growth.
January 2024: Daikin Europe NV's subsidiary Daikin Air Conditioning UK Ltd announced the acquisition of Robert Heath Heating Ltd, a British service company. This acquisition strengthened the company's residential heating service network in the United Kingdom. The acquisition supports the company's plans to become a solution provider, ensuring improved customer experiences. This is the company's largest investment in the United Kingdom to date.