HVAC Maintenance Service Market Synopsis

HVAC Maintenance Service Market Size Was Valued at USD 68.17 Billion in 2022, and is Projected to Reach USD 117.30 Billion by 2030, Growing at a CAGR of 7.02% From 2023-2030.

HVAC maintenance service refers to the proactive and regular servicing of Heating, Ventilation, and Air Conditioning (HVAC) systems to ensure their optimal performance, efficiency, and longevity. It involves a range of tasks carried out by trained technicians or professionals to inspect, clean, repair, and tune-up HVAC equipment, including heating units, air conditioners, ventilation systems, and related components.

• These services typically include routine inspections to detect potential issues or areas of concern, such as worn-out parts, leaks, or blockages, before they become major problems. HVAC maintenance also entails cleaning or replacing filters, coils, and other components to improve air quality and system performance.
• Businesses, institutions, and homeowners all recognize the value of proactive maintenance in avoiding costly repairs, improving system performance, and reducing downtime. Rather than waiting for HVAC systems to fail before acting, many organizations are investing in preventative maintenance programs to identify and address potential problems early on.
• Advancements in HVAC technology, as well as the increasing complexity of modern HVAC systems, help to drive the expansion of the maintenance service market. The growing emphasis on sustainability and environmental responsibility encourages the use of energy-efficient HVAC solutions, which increases demand for maintenance services aimed at improving system performance and lowering energy consumption.

HVAC Maintenance Service Market Trend Analysis

Increasing Demand for Energy Efficiency

• With rising energy costs and growing environmental concerns, both businesses and homeowners are looking for ways to reduce energy consumption and lower utility bills. As a result, there is a greater emphasis on routine maintenance to ensure that HVAC systems run at peak efficiency. Maintenance service providers can help customers save money on their energy bills by performing routine inspections, cleanings, and adjustments.
• Furthermore, the increasing complexity of modern HVAC systems supports the growth of the maintenance service market. Maintenance service providers with expertise in the most recent HVAC technologies are in high demand to handle the complexities of advanced equipment. Service providers can meet changing customer needs and capitalize on market growth opportunities by staying up to date on technological advancements and providing tailored maintenance solutions.
• The growing emphasis on sustainability and environmental responsibility fuels the demand for energy-efficient HVAC systems and regular maintenance. Businesses and homeowners understand the significance of lowering their carbon footprint and minimizing environmental impact. The growing awareness of environmental issues, as well as the desire to adopt eco-friendly practices, are driving the steady growth of the HVAC maintenance service market.

Smart Maintenance and Predictive Analytics

• The HVAC maintenance service market is growing rapidly as smart maintenance technologies and predictive analytics become more widely adopted. With the rise of Internet of Things (IoT) sensors, artificial intelligence (AI), and machine learning, HVAC systems can now be monitored in real time and analysed for potential problems. This shift toward smart maintenance enables predictive maintenance scheduling, optimizing maintenance routines, and reducing downtime.
• HVAC maintenance providers can predict potential equipment failures using IoT sensors and AI-driven analytics, allowing for timely intervention and avoiding costly breakdowns. This proactive approach to maintenance not only increases system reliability, but it also improves operational efficiency by reducing unplanned downtime. Customers benefit from lower maintenance costs and improved system performance, resulting in increased demand for HVAC maintenance services.
• The integration of predictive analytics into HVAC maintenance practices is consistent with broader industry trends toward digitization and automation. The increasing demand for smart maintenance solutions is expected to drive the steady growth of the HVAC maintenance service market, as providers continue to invest in innovative technologies to meet their customers' changing needs.

HVAC Maintenance Service Market Segment Analysis:

HVAC Maintenance Service Market Segmented on the basis of type, application, and end-users.

By Service, Maintenance & Repair segment is expected to dominate the market during the forecast period

• HVAC systems are becoming more advanced and integrated into building operations, and businesses and property owners are prioritizing proactive maintenance to ensure optimal performance and avoid costly breakdowns. This emphasis on preventive maintenance drives the growth of maintenance and repair services as essential components of facility management.
• Rising awareness of energy efficiency and sustainability initiatives drives up demand for HVAC maintenance and repair services. Businesses and building owners understand the value of maintaining energy-efficient HVAC systems in order to reduce operating costs and minimize environmental impact. Regular maintenance and timely repairs are critical for improving system efficiency, maximizing energy savings, and meeting sustainability objectives.
• The growing use of smart technologies and connected HVAC systems necessitates the need for specialized maintenance and repair services. Smart HVAC systems frequently include advanced sensors, data analytics capabilities, and remote monitoring functionalities, necessitating specialized knowledge for maintenance and troubleshooting. As a result, maintenance and repair services have emerged as critical solutions for ensuring the long-term performance and sustainability of HVAC infrastructure across multiple industries.

By Application, Commercial segment held the largest share of xx% in 2022

• Commercial buildings, such as offices, retail stores, and hotels, rely heavily on HVAC systems to keep occupants comfortable indoors. As a result, regular maintenance is required to ensure the efficient operation of these systems, reduce energy consumption, and avoid costly breakdowns. Commercial property owners and facility managers prioritize HVAC maintenance services to improve system performance, extend equipment life, and increase occupant comfort and satisfaction.
• Continued growth in the commercial sector, combined with stringent regulatory requirements and increased awareness of energy efficiency, drives up demand for HVAC maintenance services. The rise of smart building technologies, such as building automation systems (BAS) and energy management systems (EMS), has increased the demand for advanced HVAC maintenance solutions that integrate seamlessly with these systems to enable remote monitoring, diagnostics, and predictive maintenance.
• Rapid urbanization, combined with the development of commercial real estate projects, drives up demand for HVAC systems and related maintenance services. As commercial buildings become more sophisticated and technologically advanced, the complexity of HVAC systems grows, necessitating specialized maintenance skills. As a result, the commercial application segment continues to dominate the HVAC Maintenance Service Market, with consistent growth.

HVAC Maintenance Service Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America emerges as the dominant and fastest-growing region in the HVAC Maintenance Service Market, owing to the region's strong commercial and industrial sectors, which drive significant demand for HVAC maintenance services. North America is home to a diverse range of commercial buildings, including offices, retail spaces, healthcare facilities, and manufacturing plants, all of which rely heavily on HVAC systems for temperature control and comfort.
• North America's stringent regulations and building codes require regular inspections, maintenance, and compliance with energy efficiency standards for HVAC systems. This regulatory environment promotes a culture of proactive maintenance among building owners and facility managers, which increases demand for HVAC maintenance services. Technological advancements and the adoption of smart building solutions in North America are driving the expansion of the HVAC maintenance service market.
• The United States and Canada dominate the North American HVAC maintenance service market, owing to significant commercial and industrial infrastructure and stringent regulatory frameworks that drive demand for maintenance services. Compliance with environmental regulations and energy efficiency initiatives encourages investment in preventive maintenance programs, fostering the growth of the regional maintenance service market.

HVAC Maintenance Service Market Top Key Players:

• Johnson Controls (US)
• Carrier Global Corporation (US)
• EMCOR Group Inc. (US)
• CBRE Group, Inc. (US)
• Ameresco (US)
• Linc Service Corporation (US)
• Comfort Systems USA (US)
• Mechanical Service Corporation (US)
• McQuay International (US)
• JCI Mechanical (US)
• Siemens (Germany)
• Engie (France)
• Vinci Facilities (France)
• Caisse d'Épargne (France)
• Emcor UK (UK)
• Trane Technologies (Ireland)
• Daikin Industries, Ltd. (Japan)
• Hitachi Johnson Controls Air Conditioning (Japan)
• Mitsubishi Heavy Industries (Japan)
• C&W Services (Australia) , and other Major Players

Key Industry Developments in the HVAC Maintenance Service Market:

• In May 2023, Johnson Controls has launched a new HVAC resource app. The Johnson Controls Ducted Systems (DS) Solutions App gives contractors instant access to light commercial and residential equipment information, which helps to streamline installation, troubleshooting, and maintenance processes.
• In December 2022, Carrier Global Corporation (NYSE: CARR) has signed a strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to provide additional industry-leading Software-as-a-Service (SaaS) solutions on the AWS Marketplace. These solutions will include SaaS offerings focused on HVAC performance, sustainability, and safety and security.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. HVAC MAINTENANCE SERVICE MARKET BY TYPE (2016-2030)
   1. HVAC MAINTENANCE SERVICE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. COOLING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HEATING
   5. VENTILATION
7. HVAC MAINTENANCE SERVICE MARKET BY SERVICE (2016-2030)
   1. HVAC MAINTENANCE SERVICE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. CONSULTING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. INSTALLATION
   5. MAINTENANCE & REPAIR
   6. UPGRADE/REPLACEMENT
8. HVAC MAINTENANCE SERVICE MARKET BY APPLICATION (2016-2030)
   1. HVAC MAINTENANCE SERVICE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. COMMERCIAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. INDUSTRIAL
   5. RESIDENTIAL
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. HVAC Maintenance Service Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. JOHNSON CONTROLS (US)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. CARRIER GLOBAL CORPORATION (US)
   4. EMCOR GROUP INC. (US)
   5. CBRE GROUP, INC. (US)
   6. AMERESCO (US)
   7. LINC SERVICE CORPORATION (US)
   8. COMFORT SYSTEMS USA (US)
   9. MECHANICAL SERVICE CORPORATION (US)
   10. MCQUAY INTERNATIONAL (US)
   11. JCI MECHANICAL (US)
   12. SIEMENS (GERMANY)
   13. ENGIE (FRANCE)
   14. VINCI FACILITIES (FRANCE)
   15. CAISSE D'ÉPARGNE (FRANCE)
   16. EMCOR UK (UK)
   17. TRANE TECHNOLOGIES (IRELAND)
   18. DAIKIN INDUSTRIES, LTD. (JAPAN)
   19. HITACHI JOHNSON CONTROLS AIR CONDITIONING (JAPAN)
   20. MITSUBISHI HEAVY INDUSTRIES (JAPAN)
   21. C&W SERVICES (AUSTRALIA)
10. GLOBAL HVAC MAINTENANCE SERVICE MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Service
       5. Historic And Forecasted Market Size By Application
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. HVAC MAINTENANCE SERVICE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. HVAC MAINTENANCE SERVICE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. HVAC MAINTENANCE SERVICE MARKET COMPETITIVE RIVALRY
TABLE 005. HVAC MAINTENANCE SERVICE MARKET THREAT OF NEW ENTRANTS
TABLE 006. HVAC MAINTENANCE SERVICE MARKET THREAT OF SUBSTITUTES
TABLE 007. HVAC MAINTENANCE SERVICE MARKET BY TYPE
TABLE 008. COOLING MARKET OVERVIEW (2016-2028)
TABLE 009. HEATING MARKET OVERVIEW (2016-2028)
TABLE 010. VENTILATION MARKET OVERVIEW (2016-2028)
TABLE 011. HVAC MAINTENANCE SERVICE MARKET BY APPLICATION
TABLE 012. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 013. INDUSTRIAL MARKET OVERVIEW (2016-2028)
TABLE 014. RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA HVAC MAINTENANCE SERVICE MARKET, BY TYPE (2016-2028)
TABLE 016. NORTH AMERICA HVAC MAINTENANCE SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 017. N HVAC MAINTENANCE SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE HVAC MAINTENANCE SERVICE MARKET, BY TYPE (2016-2028)
TABLE 019. EUROPE HVAC MAINTENANCE SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 020. HVAC MAINTENANCE SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC HVAC MAINTENANCE SERVICE MARKET, BY TYPE (2016-2028)
TABLE 022. ASIA PACIFIC HVAC MAINTENANCE SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 023. HVAC MAINTENANCE SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA HVAC MAINTENANCE SERVICE MARKET, BY TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA HVAC MAINTENANCE SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 026. HVAC MAINTENANCE SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA HVAC MAINTENANCE SERVICE MARKET, BY TYPE (2016-2028)
TABLE 028. SOUTH AMERICA HVAC MAINTENANCE SERVICE MARKET, BY APPLICATION (2016-2028)
TABLE 029. HVAC MAINTENANCE SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 030. CARRIER CORPORATION: SNAPSHOT
TABLE 031. CARRIER CORPORATION: BUSINESS PERFORMANCE
TABLE 032. CARRIER CORPORATION: PRODUCT PORTFOLIO
TABLE 033. CARRIER CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. TOSHIBA: SNAPSHOT
TABLE 034. TOSHIBA: BUSINESS PERFORMANCE
TABLE 035. TOSHIBA: PRODUCT PORTFOLIO
TABLE 036. TOSHIBA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. MITSUBISHI GROUP: SNAPSHOT
TABLE 037. MITSUBISHI GROUP: BUSINESS PERFORMANCE
TABLE 038. MITSUBISHI GROUP: PRODUCT PORTFOLIO
TABLE 039. MITSUBISHI GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. JOHNSON CONTROLS: SNAPSHOT
TABLE 040. JOHNSON CONTROLS: BUSINESS PERFORMANCE
TABLE 041. JOHNSON CONTROLS: PRODUCT PORTFOLIO
TABLE 042. JOHNSON CONTROLS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. INGERSOLL RAND: SNAPSHOT
TABLE 043. INGERSOLL RAND: BUSINESS PERFORMANCE
TABLE 044. INGERSOLL RAND: PRODUCT PORTFOLIO
TABLE 045. INGERSOLL RAND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. UNITED TECHNOLOGIES CORPORATION: SNAPSHOT
TABLE 046. UNITED TECHNOLOGIES CORPORATION: BUSINESS PERFORMANCE
TABLE 047. UNITED TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 048. UNITED TECHNOLOGIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. DAIKIN: SNAPSHOT
TABLE 049. DAIKIN: BUSINESS PERFORMANCE
TABLE 050. DAIKIN: PRODUCT PORTFOLIO
TABLE 051. DAIKIN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. ELECTROMECHANICAL MAINTENANCE SERVICES (EMS) WLL: SNAPSHOT
TABLE 052. ELECTROMECHANICAL MAINTENANCE SERVICES (EMS) WLL: BUSINESS PERFORMANCE
TABLE 053. ELECTROMECHANICAL MAINTENANCE SERVICES (EMS) WLL: PRODUCT PORTFOLIO
TABLE 054. ELECTROMECHANICAL MAINTENANCE SERVICES (EMS) WLL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. METRI ENGINEERING SERVICES (MES) QATAR WLL: SNAPSHOT
TABLE 055. METRI ENGINEERING SERVICES (MES) QATAR WLL: BUSINESS PERFORMANCE
TABLE 056. METRI ENGINEERING SERVICES (MES) QATAR WLL: PRODUCT PORTFOLIO
TABLE 057. METRI ENGINEERING SERVICES (MES) QATAR WLL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. CAYAN FACILITIES MANAGEMENT (FM): SNAPSHOT
TABLE 058. CAYAN FACILITIES MANAGEMENT (FM): BUSINESS PERFORMANCE
TABLE 059. CAYAN FACILITIES MANAGEMENT (FM): PRODUCT PORTFOLIO
TABLE 060. CAYAN FACILITIES MANAGEMENT (FM): KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY TYPE
FIGURE 012. COOLING MARKET OVERVIEW (2016-2028)
FIGURE 013. HEATING MARKET OVERVIEW (2016-2028)
FIGURE 014. VENTILATION MARKET OVERVIEW (2016-2028)
FIGURE 015. HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY APPLICATION
FIGURE 016. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 017. INDUSTRIAL MARKET OVERVIEW (2016-2028)
FIGURE 018. RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA HVAC MAINTENANCE SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)