North America Hvac Rental Services Market Size & Outlook
The hvac rental services market in North America is expected to reach a projected revenue of US$ 526.6 million by 2033. A compound annual growth rate of 4.05% is expected of North America hvac rental services market from 2026 to 2033.
North America hvac rental services market highlights
The North America hvac rental services market generated a revenue of USD 384.4 million in 2025.
The market is expected to grow at a CAGR of 4.05% from 2026 to 2033.
In terms of segment, heating was the largest revenue generating product in 2025.
Cooling is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, Mexico is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
Market revenue in 2025
USD 384.4 million
Market revenue in 2033
USD 526.6 million
Growth rate
4.05% (CAGR from 2026 to 2033)
Largest segment
Heating
Fastest growing segment
Cooling
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Ventilation, Heating, Cooling
Key market players worldwide
Carrier Global Corp Ordinary Shares, Aggreko, Dex Media, HVAC Rentals, Andrews Sykes Group, Johnson Controls International PLC, Big Ten Rentals, Brookfield Business Partners LP, Caterpillar Inc, Trane Technologies PLC Class A, United Rentals Inc, Herc Holdings Inc
Other key industry trends
In terms of revenue, North America region accounted for 16.4% of the global hvac rental services market in 2025.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,871.7 million by 2033.
The HVAC rental services market benefits from a combination of technological advancements and regulatory requirements in North America.
The region's emphasis on energy efficiency and environmental sustainability drives the demand for modern, energy-efficient rental HVAC systems that help businesses meet stringent regulations and reduce their carbon footprints.
Seasonal extremes in temperature—such as hot summers and cold winters—also create a steady need for temporary heating and cooling solutions.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to HVAC Rental Services Market Outlook will help companies and investors design strategic landscapes.
Heating was the largest segment with a revenue share of 42.59% in 2025.
Horizon Databook has segmented the North America hvac rental services market based on ventilation, heating, cooling covering the revenue growth of each sub-segment from 2021 to 2033.
The HVAC rental services market benefits from a combination of technological advancements and regulatory requirements in North America.
The region's emphasis on energy efficiency and environmental sustainability drives the demand for modern, energy-efficient rental HVAC systems that help businesses meet stringent regulations and reduce their carbon footprints.
Seasonal extremes in temperature—such as hot summers and cold winters—also create a steady need for temporary heating and cooling solutions.
North America Hvac Rental Services Market Product Outlook (Revenue, USD Million , 2021-2033)
Heating
Ventilation
Cooling
North America Hvac Rental Services Market Application Outlook (Revenue, USD Million , 2021-2033)
Residential
Commercial
Industrial
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America HVAC Rental Services Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America HVAC Rental Services Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Hvac Rental Services Market, 2021-2033 (US$M)