Global Cooling and Heating as a Service Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI02260158

Publication Date:

February 21, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Cooling and Heating as a Service market size is predicted to grow from US$ 88610 million in 2025 to US$ 136120 million in 2031; it is expected to grow at a CAGR of 7.4% from 2025 to 2031.
Cooling and Heating as a Service (CHAAS) is a business model where customers pay for the cooling or heating services they use without owning or maintaining the underlying infrastructure. Instead of purchasing and operating cooling or heating equipment, such as HVAC systems, customers subscribe to a service where a provider delivers the desired indoor climate conditions. This model is part of the broader "X as a Service" (XaaS) trend and is often linked to energy efficiency, sustainability, and cost-effectiveness.
United States market for Cooling and Heating as a Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Cooling and Heating as a Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Cooling and Heating as a Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Cooling and Heating as a Service players cover Daikin Industries Ltd, Engie SA, Trane Technologies, Carrier Corporation, Johnson Controls, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淐ooling and Heating as a Service Industry Forecast鈥� looks at past sales and reviews total world Cooling and Heating as a Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Cooling and Heating as a Service sales for 2025 through 2031. With Cooling and Heating as a Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cooling and Heating as a Service industry.
This Insight Report provides a comprehensive analysis of the global Cooling and Heating as a Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cooling and Heating as a Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Cooling and Heating as a Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cooling and Heating as a Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cooling and Heating as a Service.
This report presents a comprehensive overview, market shares, and growth opportunities of Cooling and Heating as a Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Subscription-Based
Pay-per-Use
Hybrid models
Segmentation by Application:
Food and Beverages
Pharmaceuticals
Chemicals and Petrochemicals
Textiles
Electronics
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Daikin Industries Ltd
Engie SA
Trane Technologies
Carrier Corporation
Johnson Controls
Mayekawa
HillPhoenix
Star Refrigeration
J&E Hall
Chart industries (Howden)

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cooling and Heating as a Service Market Size (2020-2031)
2.1.2 Cooling and Heating as a Service Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Cooling and Heating as a Service by Country/Region (2020, 2024 & 2031)
2.2 Cooling and Heating as a Service Segment by Type
2.2.1 Subscription-Based
2.2.2 Pay-per-Use
2.2.3 Hybrid models
2.3 Cooling and Heating as a Service Market Size by Type
2.3.1 Cooling and Heating as a Service Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Cooling and Heating as a Service Market Size Market Share by Type (2020-2025)
2.4 Cooling and Heating as a Service Segment by Application
2.4.1 Food and Beverages
2.4.2 Pharmaceuticals
2.4.3 Chemicals and Petrochemicals
2.4.4 Textiles
2.4.5 Electronics
2.4.6 Other
2.5 Cooling and Heating as a Service Market Size by Application
2.5.1 Cooling and Heating as a Service Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Cooling and Heating as a Service Market Size Market Share by Application (2020-2025)
3 Cooling and Heating as a Service Market Size by Player
3.1 Cooling and Heating as a Service Market Size Market Share by Player
3.1.1 Global Cooling and Heating as a Service Revenue by Player (2020-2025)
3.1.2 Global Cooling and Heating as a Service Revenue Market Share by Player (2020-2025)
3.2 Global Cooling and Heating as a Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Cooling and Heating as a Service by Region
4.1 Cooling and Heating as a Service Market Size by Region (2020-2025)
4.2 Global Cooling and Heating as a Service Annual Revenue by Country/Region (2020-2025)
4.3 Americas Cooling and Heating as a Service Market Size Growth (2020-2025)
4.4 APAC Cooling and Heating as a Service Market Size Growth (2020-2025)
4.5 Europe Cooling and Heating as a Service Market Size Growth (2020-2025)
4.6 Middle East & Africa Cooling and Heating as a Service Market Size Growth (2020-2025)
5 Americas
5.1 Americas Cooling and Heating as a Service Market Size by Country (2020-2025)
5.2 Americas Cooling and Heating as a Service Market Size by Type (2020-2025)
5.3 Americas Cooling and Heating as a Service Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Cooling and Heating as a Service Market Size by Region (2020-2025)
6.2 APAC Cooling and Heating as a Service Market Size by Type (2020-2025)
6.3 APAC Cooling and Heating as a Service Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Cooling and Heating as a Service Market Size by Country (2020-2025)
7.2 Europe Cooling and Heating as a Service Market Size by Type (2020-2025)
7.3 Europe Cooling and Heating as a Service Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Cooling and Heating as a Service by Region (2020-2025)
8.2 Middle East & Africa Cooling and Heating as a Service Market Size by Type (2020-2025)
8.3 Middle East & Africa Cooling and Heating as a Service Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Cooling and Heating as a Service Market Forecast
10.1 Global Cooling and Heating as a Service Forecast by Region (2026-2031)
10.1.1 Global Cooling and Heating as a Service Forecast by Region (2026-2031)
10.1.2 Americas Cooling and Heating as a Service Forecast
10.1.3 APAC Cooling and Heating as a Service Forecast
10.1.4 Europe Cooling and Heating as a Service Forecast
10.1.5 Middle East & Africa Cooling and Heating as a Service Forecast
10.2 Americas Cooling and Heating as a Service Forecast by Country (2026-2031)
10.2.1 United States Market Cooling and Heating as a Service Forecast
10.2.2 Canada Market Cooling and Heating as a Service Forecast
10.2.3 Mexico Market Cooling and Heating as a Service Forecast
10.2.4 Brazil Market Cooling and Heating as a Service Forecast
10.3 APAC Cooling and Heating as a Service Forecast by Region (2026-2031)
10.3.1 China Cooling and Heating as a Service Market Forecast
10.3.2 Japan Market Cooling and Heating as a Service Forecast
10.3.3 Korea Market Cooling and Heating as a Service Forecast
10.3.4 Southeast Asia Market Cooling and Heating as a Service Forecast
10.3.5 India Market Cooling and Heating as a Service Forecast
10.3.6 Australia Market Cooling and Heating as a Service Forecast
10.4 Europe Cooling and Heating as a Service Forecast by Country (2026-2031)
10.4.1 Germany Market Cooling and Heating as a Service Forecast
10.4.2 France Market Cooling and Heating as a Service Forecast
10.4.3 UK Market Cooling and Heating as a Service Forecast
10.4.4 Italy Market Cooling and Heating as a Service Forecast
10.4.5 Russia Market Cooling and Heating as a Service Forecast
10.5 Middle East & Africa Cooling and Heating as a Service Forecast by Region (2026-2031)
10.5.1 Egypt Market Cooling and Heating as a Service Forecast
10.5.2 South Africa Market Cooling and Heating as a Service Forecast
10.5.3 Israel Market Cooling and Heating as a Service Forecast
10.5.4 Turkey Market Cooling and Heating as a Service Forecast
10.6 Global Cooling and Heating as a Service Forecast by Type (2026-2031)
10.7 Global Cooling and Heating as a Service Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Cooling and Heating as a Service Forecast
11 Key Players Analysis
11.1 Daikin Industries Ltd
11.1.1 Daikin Industries Ltd Company Information
11.1.2 Daikin Industries Ltd Cooling and Heating as a Service Product Offered
11.1.3 Daikin Industries Ltd Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Daikin Industries Ltd Main Business Overview
11.1.5 Daikin Industries Ltd Latest Developments
11.2 Engie SA
11.2.1 Engie SA Company Information
11.2.2 Engie SA Cooling and Heating as a Service Product Offered
11.2.3 Engie SA Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Engie SA Main Business Overview
11.2.5 Engie SA Latest Developments
11.3 Trane Technologies
11.3.1 Trane Technologies Company Information
11.3.2 Trane Technologies Cooling and Heating as a Service Product Offered
11.3.3 Trane Technologies Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Trane Technologies Main Business Overview
11.3.5 Trane Technologies Latest Developments
11.4 Carrier Corporation
11.4.1 Carrier Corporation Company Information
11.4.2 Carrier Corporation Cooling and Heating as a Service Product Offered
11.4.3 Carrier Corporation Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Carrier Corporation Main Business Overview
11.4.5 Carrier Corporation Latest Developments
11.5 Johnson Controls
11.5.1 Johnson Controls Company Information
11.5.2 Johnson Controls Cooling and Heating as a Service Product Offered
11.5.3 Johnson Controls Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Johnson Controls Main Business Overview
11.5.5 Johnson Controls Latest Developments
11.6 Mayekawa
11.6.1 Mayekawa Company Information
11.6.2 Mayekawa Cooling and Heating as a Service Product Offered
11.6.3 Mayekawa Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Mayekawa Main Business Overview
11.6.5 Mayekawa Latest Developments
11.7 HillPhoenix
11.7.1 HillPhoenix Company Information
11.7.2 HillPhoenix Cooling and Heating as a Service Product Offered
11.7.3 HillPhoenix Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 HillPhoenix Main Business Overview
11.7.5 HillPhoenix Latest Developments
11.8 Star Refrigeration
11.8.1 Star Refrigeration Company Information
11.8.2 Star Refrigeration Cooling and Heating as a Service Product Offered
11.8.3 Star Refrigeration Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Star Refrigeration Main Business Overview
11.8.5 Star Refrigeration Latest Developments
11.9 J&E Hall
11.9.1 J&E Hall Company Information
11.9.2 J&E Hall Cooling and Heating as a Service Product Offered
11.9.3 J&E Hall Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 J&E Hall Main Business Overview
11.9.5 J&E Hall Latest Developments
11.10 Chart industries (Howden)
11.10.1 Chart industries (Howden) Company Information
11.10.2 Chart industries (Howden) Cooling and Heating as a Service Product Offered
11.10.3 Chart industries (Howden) Cooling and Heating as a Service Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Chart industries (Howden) Main Business Overview
11.10.5 Chart industries (Howden) Latest Developments
12 Research Findings and Conclusion

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