Selected research
Industry Research
Cooling and Heating as a Service Industry Research Report 2026
Market perspective
The global Cooling and Heating as a Service market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Cooling and Heating as a Service market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Cooling and Heating as a Service market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Cooling and Heating as a Service market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Cooling and Heating as a Service include Daikin Industries Ltd, Engie SA, Trane Technologies, Carrier Corporation, Johnson Controls, Mayekawa, HillPhoenix, Star Refrigeration and J&E Hall and among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Cooling and Heating as a Service market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Cooling and Heating as a Service.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cooling and Heating as a Service Market by Company
Daikin Industries Ltd
Engie SA
Trane Technologies
Carrier Corporation
Johnson Controls
Mayekawa
HillPhoenix
Star Refrigeration
J&E Hall
Chart industries (Howden)
Cooling and Heating as a Service Segment by Type
Subscription-Based
Pay-per-Use
Hybrid models
Cooling and Heating as a Service Segment by Application
Food and Beverages
Pharmaceuticals
Chemicals and Petrochemicals
Textiles
Electronics
Other
Cooling and Heating as a Service Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cooling and Heating as a Service market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cooling and Heating as a Service and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cooling and Heating as a Service.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Cooling and Heating as a Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Subscription-Based
- Pay-per-Use
- Hybrid models
Applications
- Food and Beverages
- Pharmaceuticals
- Chemicals and Petrochemicals
- Textiles
- Electronics
- Other
Companies covered
- Daikin Industries Ltd
- Engie SA
- Trane Technologies
- Carrier Corporation
- Johnson Controls
- Mayekawa
- HillPhoenix
- Star Refrigeration
- J&E Hall
- Chart industries (Howden)
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Cooling and Heating as a Service by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Subscription-Based
- 2.2.3 Pay-per-Use
- 2.2.4 Hybrid models
- 2.3 Cooling and Heating as a Service by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Food and Beverages
- 2.3.3 Pharmaceuticals
- 2.3.4 Chemicals and Petrochemicals
- 2.3.5 Textiles
- 2.3.6 Electronics
- 2.3.7 Other
- 2.4 Assumptions and Limitations
3 Cooling and Heating as a Service Breakdown Data by Type
- 3.1 Global Cooling and Heating as a Service Historic Market Size by Type (2021-2026)
- 3.2 Global Cooling and Heating as a Service Forecasted Market Size by Type (2027-2032)
4 Cooling and Heating as a Service Breakdown Data by Application
- 4.1 Global Cooling and Heating as a Service Historic Market Size by Application (2021-2026)
- 4.2 Global Cooling and Heating as a Service Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Cooling and Heating as a Service Market Perspective (2021-2032)
- 5.2 Global Cooling and Heating as a Service Growth Trends by Region
- 5.2.1 Global Cooling and Heating as a Service Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Cooling and Heating as a Service Historic Market Size by Region (2021-2026)
- 5.2.3 Cooling and Heating as a Service Forecasted Market Size by Region (2027-2032)
- 5.3 Cooling and Heating as a Service Market Dynamics
- 5.3.1 Cooling and Heating as a Service Industry Trends
- 5.3.2 Cooling and Heating as a Service Market Drivers
- 5.3.3 Cooling and Heating as a Service Market Challenges
- 5.3.4 Cooling and Heating as a Service Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Cooling and Heating as a Service Players by Revenue
- 6.1.1 Global Top Cooling and Heating as a Service Players by Revenue (2021-2026)
- 6.1.2 Global Cooling and Heating as a Service Revenue Market Share by Players (2021-2026)
- 6.2 Global Cooling and Heating as a Service Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Cooling and Heating as a Service Head Office and Area Served
- 6.4 Global Cooling and Heating as a Service Players, Product Type & Application
- 6.5 Global Cooling and Heating as a Service Manufacturers Established Date
- 6.6 Global Cooling and Heating as a Service Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Cooling and Heating as a Service Market Size (2021-2032)
- 7.2 North America Cooling and Heating as a Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Cooling and Heating as a Service Market Size by Country (2021-2026)
- 7.4 North America Cooling and Heating as a Service Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Cooling and Heating as a Service Market Size (2021-2032)
- 8.2 Europe Cooling and Heating as a Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Cooling and Heating as a Service Market Size by Country (2021-2026)
- 8.4 Europe Cooling and Heating as a Service Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Cooling and Heating as a Service Market Size (2021-2032)
- 9.2 Asia-Pacific Cooling and Heating as a Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Cooling and Heating as a Service Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Cooling and Heating as a Service Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Cooling and Heating as a Service Market Size (2021-2032)
- 10.2 South America Cooling and Heating as a Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Cooling and Heating as a Service Market Size by Country (2021-2026)
- 10.4 South America Cooling and Heating as a Service Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Cooling and Heating as a Service Market Size (2021-2032)
- 11.2 Middle East & Africa Cooling and Heating as a Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Cooling and Heating as a Service Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Cooling and Heating as a Service Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Daikin Industries Ltd
- 12.1.1 Daikin Industries Ltd Company Information
- 12.1.2 Daikin Industries Ltd Business Overview
- 12.1.3 Daikin Industries Ltd Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.1.4 Daikin Industries Ltd Cooling and Heating as a Service Product Portfolio
- 12.1.5 Daikin Industries Ltd Recent Developments
- 12.2 Engie SA
- 12.2.1 Engie SA Company Information
- 12.2.2 Engie SA Business Overview
- 12.2.3 Engie SA Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.2.4 Engie SA Cooling and Heating as a Service Product Portfolio
- 12.2.5 Engie SA Recent Developments
- 12.3 Trane Technologies
- 12.3.1 Trane Technologies Company Information
- 12.3.2 Trane Technologies Business Overview
- 12.3.3 Trane Technologies Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.3.4 Trane Technologies Cooling and Heating as a Service Product Portfolio
- 12.3.5 Trane Technologies Recent Developments
- 12.4 Carrier Corporation
- 12.4.1 Carrier Corporation Company Information
- 12.4.2 Carrier Corporation Business Overview
- 12.4.3 Carrier Corporation Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.4.4 Carrier Corporation Cooling and Heating as a Service Product Portfolio
- 12.4.5 Carrier Corporation Recent Developments
- 12.5 Johnson Controls
- 12.5.1 Johnson Controls Company Information
- 12.5.2 Johnson Controls Business Overview
- 12.5.3 Johnson Controls Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.5.4 Johnson Controls Cooling and Heating as a Service Product Portfolio
- 12.5.5 Johnson Controls Recent Developments
- 12.6 Mayekawa
- 12.6.1 Mayekawa Company Information
- 12.6.2 Mayekawa Business Overview
- 12.6.3 Mayekawa Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.6.4 Mayekawa Cooling and Heating as a Service Product Portfolio
- 12.6.5 Mayekawa Recent Developments
- 12.7 HillPhoenix
- 12.7.1 HillPhoenix Company Information
- 12.7.2 HillPhoenix Business Overview
- 12.7.3 HillPhoenix Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.7.4 HillPhoenix Cooling and Heating as a Service Product Portfolio
- 12.7.5 HillPhoenix Recent Developments
- 12.8 Star Refrigeration
- 12.8.1 Star Refrigeration Company Information
- 12.8.2 Star Refrigeration Business Overview
- 12.8.3 Star Refrigeration Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.8.4 Star Refrigeration Cooling and Heating as a Service Product Portfolio
- 12.8.5 Star Refrigeration Recent Developments
- 12.9 J&E Hall
- 12.9.1 J&E Hall Company Information
- 12.9.2 J&E Hall Business Overview
- 12.9.3 J&E Hall Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.9.4 J&E Hall Cooling and Heating as a Service Product Portfolio
- 12.9.5 J&E Hall Recent Developments
- 12.10 Chart industries (Howden)
- 12.10.1 Chart industries (Howden) Company Information
- 12.10.2 Chart industries (Howden) Business Overview
- 12.10.3 Chart industries (Howden) Revenue in Cooling and Heating as a Service Business (2021-2026)
- 12.10.4 Chart industries (Howden) Cooling and Heating as a Service Product Portfolio
- 12.10.5 Chart industries (Howden) Recent Developments
13 Report Conclusion
14 Disclaimer
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