PUBLISHER: Grand View Research | PRODUCT CODE: 1575139
PUBLISHER: Grand View Research | PRODUCT CODE: 1575139
The global HVAC rental services market size was estimated at USD 2,110.54 million in 2023 and is projected to grow at CAGR of 5.8% from 2024 to 2030. Cost-effectiveness plays a crucial role in driving market growth. Renting Heating, Ventilation, and Air Conditioning (HVAC) equipment allows businesses to avoid the high upfront costs of purchasing new systems and instead pay for rental services only when needed. This approach can be more financially manageable, particularly for short-term requirements.
Technological advancements further enhance the attractiveness of HVAC rentals. Modern rental units often incorporate the latest energy-efficient technology, providing superior performance and cost savings. Businesses are increasingly drawn to these advanced systems, which offer both temporary solutions and high efficiency.
Global HVAC Rental Services Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global HVAC rental services market report based on the product, application, and region: