Selected research
Industry Growth & Trends
Global Cooling and Heating as a Service Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global Cooling and Heating as a Service market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Cooling and Heating as a Service is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Cooling and Heating as a Service is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Cooling and Heating as a Service is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the Cooling and Heating as a Service market include Daikin Industries Ltd, Engie SA, Trane Technologies, Carrier Corporation, Johnson Controls, Mayekawa, HillPhoenix, Star Refrigeration and J&E Hall, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Cooling and Heating as a Service market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Cooling and Heating as a Service market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Cooling and Heating as a Service market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Cooling and Heating as a Service.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Cooling and Heating as a Service market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
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 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: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). 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 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Cooling and Heating as a Service companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Cooling and Heating as a Service Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Cooling and Heating as a Service Market Size by Region (2021-2032)
- 1.4.1 Global Cooling and Heating as a Service Market Size by Region (2021-2026)
- 1.4.2 Global Cooling and Heating as a Service Market Size by Region (2027-2032)
- 1.5 Key Regions Cooling and Heating as a Service Market Size (2021-2032)
- 1.5.1 North America Cooling and Heating as a Service Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Cooling and Heating as a Service Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Cooling and Heating as a Service Market Size Growth Rate (2021-2032)
- 1.5.4 South America Cooling and Heating as a Service Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Cooling and Heating as a Service Market Size Growth Rate (2021-2032)
2 Cooling and Heating as a Service Market by Type
- 2.1 Type Introduction
- 2.1.1 Subscription-Based
- 2.1.2 Pay-per-Use
- 2.1.3 Hybrid models
- 2.2 Global Cooling and Heating as a Service Market Size by Type
- 2.2.1 Global Cooling and Heating as a Service Market Size Overview by Type (2021-2032)
- 2.2.2 Global Cooling and Heating as a Service Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Cooling and Heating as a Service Market Size Forecasted by Type (2027-2032)
- 2.3 Global Cooling and Heating as a Service Market Size by Regions
- 2.3.1 North America Cooling and Heating as a Service Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Cooling and Heating as a Service Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Cooling and Heating as a Service Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Cooling and Heating as a Service Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Cooling and Heating as a Service Market Size Breakdown by Type (2021-2026)
3 Cooling and Heating as a Service Market by Application
- 3.1 Type Introduction
- 3.1.1 Food and Beverages
- 3.1.2 Pharmaceuticals
- 3.1.3 Chemicals and Petrochemicals
- 3.1.4 Textiles
- 3.1.5 Electronics
- 3.1.6 Other
- 3.2 Global Cooling and Heating as a Service Market Size by Application
- 3.2.1 Global Cooling and Heating as a Service Market Size Overview by Application (2021-2032)
- 3.2.2 Global Cooling and Heating as a Service Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Cooling and Heating as a Service Market Size Forecasted by Application (2027-2032)
- 3.3 Global Cooling and Heating as a Service Market Size by Regions
- 3.3.1 North America Cooling and Heating as a Service Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Cooling and Heating as a Service Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Cooling and Heating as a Service Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Cooling and Heating as a Service Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Cooling and Heating as a Service Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Cooling and Heating as a Service Industry Trends
- 4.2 Cooling and Heating as a Service Industry Drivers
- 4.3 Cooling and Heating as a Service Industry Opportunities and Challenges
- 4.4 Cooling and Heating as a Service Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Cooling and Heating as a Service Revenue (2021-2026)
- 5.2 Global Cooling and Heating as a Service Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Cooling and Heating as a Service Key Company Headquarters & Area Served
- 5.4 Global Cooling and Heating as a Service Company, Product Type & Application
- 5.5 Global Cooling and Heating as a Service Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Cooling and Heating as a Service Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Cooling and Heating as a Service Players Market Share by Revenue in 2025
- 5.6.3 2025 Cooling and Heating as a Service Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 Daikin Industries Ltd
- 6.1.1 Daikin Industries Ltd Company Information
- 6.1.2 Daikin Industries Ltd Business Overview
- 6.1.3 Daikin Industries Ltd Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 Daikin Industries Ltd Cooling and Heating as a Service Product Portfolio
- 6.1.5 Daikin Industries Ltd Recent Developments
- 6.2 Engie SA
- 6.2.1 Engie SA Company Information
- 6.2.2 Engie SA Business Overview
- 6.2.3 Engie SA Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Engie SA Cooling and Heating as a Service Product Portfolio
- 6.2.5 Engie SA Recent Developments
- 6.3 Trane Technologies
- 6.3.1 Trane Technologies Company Information
- 6.3.2 Trane Technologies Business Overview
- 6.3.3 Trane Technologies Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 Trane Technologies Cooling and Heating as a Service Product Portfolio
- 6.3.5 Trane Technologies Recent Developments
- 6.4 Carrier Corporation
- 6.4.1 Carrier Corporation Company Information
- 6.4.2 Carrier Corporation Business Overview
- 6.4.3 Carrier Corporation Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Carrier Corporation Cooling and Heating as a Service Product Portfolio
- 6.4.5 Carrier Corporation Recent Developments
- 6.5 Johnson Controls
- 6.5.1 Johnson Controls Company Information
- 6.5.2 Johnson Controls Business Overview
- 6.5.3 Johnson Controls Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 Johnson Controls Cooling and Heating as a Service Product Portfolio
- 6.5.5 Johnson Controls Recent Developments
- 6.6 Mayekawa
- 6.6.1 Mayekawa Company Information
- 6.6.2 Mayekawa Business Overview
- 6.6.3 Mayekawa Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Mayekawa Cooling and Heating as a Service Product Portfolio
- 6.6.5 Mayekawa Recent Developments
- 6.7 HillPhoenix
- 6.7.1 HillPhoenix Company Information
- 6.7.2 HillPhoenix Business Overview
- 6.7.3 HillPhoenix Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 HillPhoenix Cooling and Heating as a Service Product Portfolio
- 6.7.5 HillPhoenix Recent Developments
- 6.8 Star Refrigeration
- 6.8.1 Star Refrigeration Company Information
- 6.8.2 Star Refrigeration Business Overview
- 6.8.3 Star Refrigeration Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Star Refrigeration Cooling and Heating as a Service Product Portfolio
- 6.8.5 Star Refrigeration Recent Developments
- 6.9 J&E Hall
- 6.9.1 J&E Hall Company Information
- 6.9.2 J&E Hall Business Overview
- 6.9.3 J&E Hall Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 J&E Hall Cooling and Heating as a Service Product Portfolio
- 6.9.5 J&E Hall Recent Developments
- 6.10 Chart industries (Howden)
- 6.10.1 Chart industries (Howden) Company Information
- 6.10.2 Chart industries (Howden) Business Overview
- 6.10.3 Chart industries (Howden) Cooling and Heating as a Service Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 Chart industries (Howden) Cooling and Heating as a Service Product Portfolio
- 6.10.5 Chart industries (Howden) Recent Developments
7 North America
- 7.1 North America Cooling and Heating as a Service Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Cooling and Heating as a Service Market Size by Country (2021-2026)
- 7.3 North America Cooling and Heating as a Service Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Cooling and Heating as a Service Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Cooling and Heating as a Service Market Size by Country (2021-2026)
- 8.3 Europe Cooling and Heating as a Service Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Cooling and Heating as a Service Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Cooling and Heating as a Service Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Cooling and Heating as a Service Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Cooling and Heating as a Service Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Cooling and Heating as a Service Market Size by Country (2021-2026)
- 10.3 South America Cooling and Heating as a Service Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Cooling and Heating as a Service Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Cooling and Heating as a Service Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Cooling and Heating as a Service Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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