The global Cooling and Heating as a Service market projected to hit 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.

Global Cooling and Heating as a Service Market Trends and Analysis 2025-31

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. LPI (LP Information) newest research report, the Cooling and Heating as a Service Industry Forecast 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 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: &nbsp;&nbsp;&nbsp; Subscription-Based &nbsp;&nbsp;&nbsp; Pay-per-Use &nbsp;&nbsp;&nbsp; Hybrid models Segmentation by Application: &nbsp;&nbsp;&nbsp; Food and Beverages &nbsp;&nbsp;&nbsp; Pharmaceuticals &nbsp;&nbsp;&nbsp; Chemicals and Petrochemicals &nbsp;&nbsp;&nbsp; Textiles &nbsp;&nbsp;&nbsp; Electronics &nbsp;&nbsp;&nbsp; Other This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Daikin Industries Ltd &nbsp;&nbsp;&nbsp; Engie SA &nbsp;&nbsp;&nbsp; Trane Technologies &nbsp;&nbsp;&nbsp; Carrier Corporation &nbsp;&nbsp;&nbsp; Johnson Controls &nbsp;&nbsp;&nbsp; Mayekawa &nbsp;&nbsp;&nbsp; HillPhoenix &nbsp;&nbsp;&nbsp; Star Refrigeration &nbsp;&nbsp;&nbsp; J&E Hall &nbsp;&nbsp;&nbsp; Chart industries (Howden)

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

Report	Global Cooling and Heating as a Service Market Growth (Status and Outlook) 2025-2031
Selected License	Multi ID: LPI17058

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