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:

    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 companys 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)