The recently published BSRIA market intelligence study on AC Service & Maintenance 2017 for the five main AC European markets for VRF, rooftops and chillers has shown steady growth and activity on a year-on-year basis. Status and trends are analysed.
The increasing demand towards energy efficiency AC systems and the integration of these systems within the rest of building systems and applications are also becoming “critical”. End users are constantly and currently on the search for solutions that reduce energy consumption by applying different types of maintenance and servicing.
At the same time manufacturers are looking to expand their offering beyond providing products and solutions to add value to clients.
Pablo Vicario, Market Intelligence Analyst, BSRIA Worldwide Market Intelligence, said:
“The products included in the study require certain servicing operations to be carried out across all commercial and industrial installed AC systems. Also – all systems across the countries included in the study have some form of legislation driving compulsory service and maintenance actions carried out during the year.”
The study findings include the total installed base for each product range from 2012 with forecasts to 2022 and the total market size for the service and maintenance market in euro million. The different types of contracts available and the characteristics therein, for each product are segmented, by country.
Service and maintenance of course is partly linked to historical sales and future potential sales and, while chillers offer the lowest growth potential for service and maintenance. Looking ahead from 2017 – 2022 with a CAGR of 2.2 per cent, VRF offers the highest growth for these services at a CAGR of 6.5 per cent across the five countries.