Cooling And Heating As A Service Market Size and Trends

The global cooling and heating as a service market is estimated to be valued at USD 85.13 Bn in 2025 and is expected to reach USD 176.45 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 11% from 2025 to 2032.

Key Takeaways of the Cooling and Heating as a Service Market:

The subscription-based segment is estimated to account for 35.4% of the market share by the end of 2025.
The cooling as a service segment is projected to comprise 56.7% of the market share by the end of 2025.
The residential segment is estimated to represent 37.9% of the market share by the end of 2025.
Asia Pacific is projected to lead the global market with a 34.5% share in 2025, followed by North America which is estimated to hold a 21.5% share in 2025.

Market Overview:

The cooling and heating as a service market is experiencing significant growth due to the increasing adoption of energy-efficient and sustainable heating and cooling systems. This surge is driven by the global push to lower carbon emissions and improve energy efficiency in buildings. Companies like Enwave Energy Corporation are transitioning to subscription-based centralized heating and cooling systems, allowing them to minimize upfront capital expenses while enhancing operational efficiency. Additionally, the rising cost of energy is boosting the demand for optimized temperature control solutions and pay-as-you-go service models.