The plumbing, heating and air-conditioning contractors market size is expected to see strong growth in the next few years. It will grow to $2.26 trillion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing adoption of energy-efficient hvac systems, rising integration of smart monitoring tools, growing need for system upgrades in aging buildings, expansion of preventive maintenance programs, heightened demand for advanced plumbing and ventilation solutions. Major trends in the forecast period include growing adoption of energy-efficient heating and cooling systems, rising demand for emergency plumbing and rapid repair services, expansion of installation and upgrade services in residential and commercial buildings, increased use of advanced piping and ventilation materials, higher market focus on preventive maintenance contracts.
The growth of the plumbing, heating, and air-conditioning contractors market is expected to receive a significant boost from the increasing demand for HVAC-equipped commercial and residential structures. Heating, ventilation, and air conditioning (HVAC) systems are crucial for controlling and distributing heated and cooled air in various structures, ranging from residences and workplaces to indoor stadiums. Plumbing, heating, and air-conditioning contractors play a pivotal role by providing installation and maintenance services for these systems, ensuring their efficiency and functionality. For example, in October 2025, the European Heat Pump Association, a Belgium-based non-profit organization, reported that in the first half of 2025, heat pump sales reached 980,000 units, an increase from 898,000 units during the same period in 2024. This surge in demand for HVAC-equipped structures is a key driver behind the growth of the plumbing, heating, and air-conditioning contractors’ market.
Key companies in the plumbing, heating, and air-conditioning contractors market are prioritizing product innovation to offer unique features, such as 100% leak testing for effective plumbing installations. This process involves a quality assurance protocol in which each unit or product is rigorously tested to detect and resolve any potential leaks. For instance, in October 2024, Voltas, a company based in India that specializes in cooling and HVAC solutions, introduced its HVAC product lineup at ACREX 2024 in Noida. This new range is tailored for various commercial and industrial applications, focusing on energy efficiency and advanced technology. The latest HVAC systems incorporate state-of-the-art designs and components that boost performance while reducing environmental impact.
In January 2023, Comfort Systems USA Inc. acquired MEP Holding Co for an undisclosed amount. This acquisition aims to enhance Comfort Systems USA Inc.'s capabilities in off-site construction, pre-fabrication solutions, and clean room services in the USA. MEP Holding Co. is a US-based contractor providing plumbing, heating, and air-conditioning services, further strengthening Comfort Systems USA Inc.'s position in the market.
Major companies operating in the plumbing, heating and air-conditioning contractors market are Siemens Energy & Automation Inc., Honeywell International Inc., LG Corporation, Johnson Controls International, Lennox International Inc., Carrier Global Corporation, Daikin Industries Ltd., Electrolux Group, Fujitsu General Limited, Robert Bosch GmbH, Nortek Global HVAC, Dr. Energy Saver, The Dwyer Group, One Hour Heating & Air Conditioning, The Home Depot Inc., Watsco Inc., Trane Technologies plc, Air Pros LLC, Lifetime Heating, Cooling and Electric, Balanced Comfort Cooling Heating & Plumbing, Midwest Heating & Cooling, Kennon Heating & Air Conditioning, Radiant Plumbing & Air Conditioning, Holy City Heating and Air LLC, Old Dominion Mechanical LLC.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the plumbing, heating, and air-conditioning contractors market by increasing the cost of imported metals, HVAC components, and plumbing fixtures, leading to higher installation and repair expenses across residential, commercial, and industrial segments. Regions heavily dependent on imported copper, steel, and advanced HVAC systemsparticularly North America and Europeare most affected. However, tariffs are encouraging greater domestic production of plumbing and HVAC parts, supporting supply chain resilience, and fostering innovation in cost-efficient, locally manufactured systems.
The plumbing, heating and air-conditioning contractors market research report is one of a series of new reports that provides plumbing, heating and air-conditioning contractors market statistics, including plumbing, heating and air-conditioning contractors industry global market size, regional shares, competitors with plumbing, heating and air-conditioning contractors market share, detailed plumbing, heating and air-conditioning contractors market segments, market trends, and opportunities, and any further data you may need to thrive in the plumbing, heating and air-conditioning contractors industry. This plumbing, heating and air-conditioning contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Plumbing, heating, and air-conditioning contractors are businesses primarily engaged in the installation and maintenance of plumbing, heating, and air conditioning systems. These contractors provide a range of services, encompassing both labor and parts, including new installations, alterations, additions, regular upkeep, and repairs.
The main types of plumbing, heating, and air-conditioning contractors include those specializing in heating, ventilation, and cooling systems. The heating aspect in this context refers to the equipment used to generate heat and maintain the internal warmth of a building. The services offered by these contractors cover consulting, installation, maintenance and repair, as well as upgrades or replacements. These services cater to a diverse clientele, including residential, commercial, and industrial end users, for both new construction and retrofit buildings.North America was the largest region in the plumbing, heating and air-conditioning contractors’ market in 2025. Asia-Pacific is expected to be the plumbing, heating, and air-conditioning contractors’ market's fastest-growing region in the forecast period. The regions covered in the plumbing, heating and air-conditioning contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plumbing, heating and air-conditioning contractors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The plumbing, heating, and air-conditioning contractors market includes revenues earned by entities by providing plumbing services, emergency plumbing, plumbing repairs, and heating, ventilation, and air conditioning parts services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Plumbing, Heating And Air-Conditioning Contractors Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses plumbing, heating and air-conditioning contractors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for plumbing, heating and air-conditioning contractors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The plumbing, heating and air-conditioning contractors market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Heating; Ventilation; Cooling2) By Service: Consulting; Installation; Maintenance And Repair; Upgrade Or Replacement
3) By Implementation Type: New Construction; Retrofit Buildings
4) By End User: Residential; Commercial; Industrial
Subsegments:
1) By Heating: Boilers; Furnaces; Heat Pumps; Radiant Heating2) By Ventilation: Air Handling Units; Exhaust Systems; Ductwork; Ventilation Fans
3) By Cooling: Central Air Conditioning Systems; Ductless Mini-Split Systems; Chillers; Evaporative Coolers
Companies Mentioned: Siemens Energy & Automation Inc.; Honeywell International Inc.; LG Corporation; Johnson Controls International; Lennox International Inc.; Carrier Global Corporation; Daikin Industries Ltd.; Electrolux Group; Fujitsu General Limited; Robert Bosch GmbH; Nortek Global HVAC; Dr. Energy Saver; The Dwyer Group; One Hour Heating & Air Conditioning; The Home Depot Inc.; Watsco Inc.; Trane Technologies plc; Air Pros LLC; Lifetime Heating, Cooling and Electric; Balanced Comfort Cooling Heating & Plumbing; Midwest Heating & Cooling; Kennon Heating & Air Conditioning; Radiant Plumbing & Air Conditioning; Holy City Heating and Air LLC; Old Dominion Mechanical LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Plumbing, Heating and Air-Conditioning Contractors market report include:- Siemens Energy & Automation Inc.
- Honeywell International Inc.
- LG Corporation
- Johnson Controls International
- Lennox International Inc.
- Carrier Global Corporation
- Daikin Industries Ltd.
- Electrolux Group
- Fujitsu General Limited
- Robert Bosch GmbH
- Nortek Global HVAC
- Dr. Energy Saver
- The Dwyer Group
- One Hour Heating & Air Conditioning
- The Home Depot Inc.
- Watsco Inc.
- Trane Technologies plc
- Air Pros LLC
- Lifetime Heating, Cooling and Electric
- Balanced Comfort Cooling Heating & Plumbing
- Midwest Heating & Cooling
- Kennon Heating & Air Conditioning
- Radiant Plumbing & Air Conditioning
- Holy City Heating and Air LLC
- Old Dominion Mechanical LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 1.76 Trillion |
| Forecasted Market Value ( USD | $ 2.26 Trillion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |


