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AU ANZSIC E3233 | Industry Report

Air Conditioning and Heating Services in Australia Industry Data and Analysis

AK
Anthony Kelly
Analyst Melbourne, Australia October 2025

The industry's performance is driven by the installation, maintenance and repair of heating, ventilation and air conditioning (HVAC) systems in new and existing buildings and structures. Much of the industry's revenue comes from working on complex climate control and refrigeration systems in non-residential buildings and high-rise apartment developments. Specialist contractors install temperature control, ducting and ventilation systems on engineering structures like refineries, mines and tunnels. Many smaller HVAC contractors concentrate on the residential building and household markets and look to forge relationships with local builders, developers, wholesalers and retailers.

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What's included in this industry analysis

IBISWorld's research coverage on the Air Conditioning and Heating Services industry in Australia includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.

About this industry

What's this industry report about?

The Air Conditioning and Heating Services industry in Australia operates under the ANZSIC industry code E3233. Industry contractors and firms specialise in installing household, industrial and commercial heating, refrigeration and air conditioning equipment. Industry operators also install air conditioning duct work. Related terms covered in the Air Conditioning and Heating Services industry in Australia include heating, ventilation and air conditioning (hvac), ventilation and greenhouse gas.

What's included in this industry?

Products and services covered in Air Conditioning and Heating Services industry in Australia include Air conditioning and heating system installation, Air conditioning and heating system maintenance and repair and Refrigeration system installation.

What companies are included in this industry?

Companies covered in the Air Conditioning and Heating Services industry in Australia include A.G. Coombs, Ellis Air Conditioning and D & E Services.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Air Conditioning and Heating Services industry in Australia.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Air Conditioning and Heating Services industry in Australia.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Air Conditioning and Heating Services industry in Australia.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Air Conditioning and Heating Services industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Air Conditioning and Heating Services industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Air Conditioning and Heating Services industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Air Conditioning and Heating Services industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Air Conditioning and Heating Services industry in Australia.

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Frequently Asked Questions

What is the market size of the Air Conditioning and Heating Services industry in Australia in 2026?

The market size of the Air Conditioning and Heating Services industry in Australia is $13.1bn in 2026.

How many businesses are there in the Air Conditioning and Heating Services industry in Australia in 2025?

There are 7,383 businesses in the Air Conditioning and Heating Services industry in Australia, which has grown at a CAGR of 1.0 % between 2020 and 2025.

How may import tariffs affect the Air Conditioning and Heating Services industry in Australia?

The Air Conditioning and Heating Services industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Air Conditioning and Heating Services industry in Australia?

The Air Conditioning and Heating Services industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Air Conditioning and Heating Services industry in Australia grown or declined over the past 5 years?

The market size of the Air Conditioning and Heating Services industry in Australia has been growing at a CAGR of 1.9 % between 2020 and 2025.

What is the forecast growth of the Air Conditioning and Heating Services industry in Australia over the next 5 years?

Over the next five years, the Air Conditioning and Heating Services industry in Australia is expected to grow.

What are the biggest companies in the Air Conditioning and Heating Services industry in Australia?

The biggest companies operating in the Air Conditioning and Heating Services industry in Australia are A.G. Coombs, Ellis Air Conditioning and D & E Services

What does the Air Conditioning and Heating Services industry in Australia include?

Air conditioning and heating system installation and Air conditioning and heating system maintenance and repair are part of the Air Conditioning and Heating Services industry in Australia.

Which companies have the highest market share in the Air Conditioning and Heating Services industry in Australia?

The company holding the most market share in the Air Conditioning and Heating Services industry in Australia is A.G. Coombs.

How competitive is the Air Conditioning and Heating Services industry in Australia?

The level of competition is high and increasing in the Air Conditioning and Heating Services industry in Australia.

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