SAN FRANCISCO, June 2, 2021 /PRNewswire/ — A new market study from Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report titled “Heating, Ventilation and Air Conditioning (HVAC) Systems – Global Market Trajectory & Analytics.” The report presents new perspectives on opportunities and challenges in a significantly changed market post-COVID-19.

FACTS AT A GLANCE
Edition: 9; Published: May 2021
Management positions: 12897
Companies: 125 – Players covered include Daikin Industries Ltd.; Danfoss A/S; Electrolux AB; Emerson Electric Company; Fujitsu Ltd.; GREE, Inc.; Hitachi Ltd.; Honeywell International, Inc.; Ingersoll Rand PLC; Johnson Controls International PLC; Lennox International Inc.; LG Electronics Inc.; Midea Group Co., Ltd.; Mitsubishi Electric Corporation; Nortek Global HVAC LLC; Panasonic Corporation; Qingdao Haier Co., Ltd.; Samsung Electronics Co., Ltd.; United Technologies Corporation (UTC); Whirlpool Corporation and others.
Coverage: All major regions and key segments
Segments: Segment (cooling systems, heating systems, ventilation systems); Implementation (new construction, renovation); Application (commercial, private, industrial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; Great Britain; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of middle East); And Africa.

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ABSTRACT-

To reach global heating, ventilation and air conditioning (HVAC) market $286.8 billion until 2026
Heating, ventilation and air conditioning (HVAC) systems are important and essential and are used ubiquitously in almost all buildings and factories. HVAC systems are widely used in residential and commercial buildings across sectors including education, healthcare, retail, offices, government and airports. The market growth is expected to be driven by increasing demand for energy efficient HVAC systems to reduce energy consumption and CO2 emissions. Growing concerns about climate change, rising energy prices and carbon emissions continue to drive the adoption of HVAC systems in commercial spaces. The market is also likely to benefit from the increasing demand for energy-saving products. Rebates for energy efficient systems such as air conditioning and HVAC encourage commercial building users to adopt and upgrade HVAC systems.

Amid the COVID-19 crisis, the global heating, ventilation and air conditioning (HVAC) market is estimated at $201 billion in 2020 is expected to reach a revised size of $286.8 billion until 2026 and grows at an average annual growth rate of 5.9% during the analysis period. Cooling systems, one of the segments analyzed in the report, is expected to achieve a CAGR of 6.2% $204 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the resulting economic crisis, growth in the heating systems segment is adjusted to a revised average annual growth rate of 5.5% for the next 7-year period. This segment currently accounts for 20.8% share of the global heating, ventilation and air conditioning (HVAC) market. The demand for heat pumps is attributed to the availability of systems with advanced features that enable space heating and cooling while also providing hot water. Heat pumps' ability to provide greater efficiency compared to other space heating and cooling devices is expected to further increase their adoption in the coming years. Climate change and gradually rising average temperatures are driving the use of cooling devices in summer.

The US market is estimated at $58.1 billion in 2021, while China is expected to reach $59.3 billion until 2026
The Heating, Ventilation and Air Conditioning (HVAC) market in the US is estimated at $58.1 billion in 2021. The country currently has a 27.1% share of the global market. Chinathe world's second largest economy, is expected to reach an estimated market size of $59.3 billion in 2026 with a CAGR of 9% during the analysis period. Other notable geographic markets include Japan And Canada, respectively forecast to grow by 3.2% and 5.3% over the analysis period. Within Europe, Germany is expected to grow at approximately 3.6% CAGR, while the rest of the European market (as defined in the study) will achieve this $63.8 billion until the end of the analysis period. The demand for air conditioning in developing regions such as Asia Pacific is very high as some households own more than one unit, whereas the demand for air conditioners from developed regions remains comparatively low. The market in Asia Pacific It is also expected to benefit from technological advancements and increasing investment in the consumer electronics sector across the region. The market in developed regions is driven by increasing consumer awareness of star-rated HVAC products, increasing use of VRV and adoption of inverter-based air conditioners.

to achieve the ventilation systems segment 34 billion dollars until 2026
In the global ventilation systems segment USA, Canada, Japan, China And Europe will drive the 4.2% CAGR estimated for this segment. These regional markets together account for a market size of $19.4 billion in 2020 a forecast size of will be reached $25.8 billion until the end of the analysis period. China will continue to be among the fastest growing in this cluster of regional markets. Led by countries like Australia, IndiaAnd South Koreathe market in Asia Pacific is expected to be achieved $4.5 billion until 2026, during Latin America will grow at a compound annual growth rate of 5.6% during the analysis period. More

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ReportLinker

The demand for HVAC insulation is increasing owing to the growth in construction activities in both developed and emerging economies. In terms of value, pipes accounts for the fastest-growing segment in HVAC Insulation market, by product type, during the forecast period.

New York, Dec 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “HVAC Insulation Market by Product Type, Material Type, End Use And Region – Global Forecast to 2027” – https://www.reportlinker.com/ p03960013/?utm_source=GNW

Pipe insulation not only offers high levels of thermal performance, but it offers excellent acoustics to reduce noise as well. Moreover, pipe insulation regulates the internal temperature of a pipe; increases the operating efficiency of heating, ventilating, cooling, plumbing; helps in the reduction of heat loss and thereby saves more energy and money; reduces the damage to equipment from exposure to fire or corrosive atmospheres; and reduces the emission of pollutants into the atmosphere.

In terms of value, mineral wool is estimated to be fastest-growing segment in HVAC Insulation market, by material type, during the forecast period.
Mineral wool such as stone wool provides thermal, acoustic, and fire protection.It is a highly effective insulating material.

Mineral wool ranges from loose material used for injected insulation of cavity walls to slabs and rolls for wall insulation and pre-formed and faced pipe sections. Stone wool is especially useful when superior fire resistance and acoustic performance are required.

In terms of value, residential is estimated to be fastest-growing segment in HVAC Insulation market, by end use, during the forecast period.
Owing to higher levels of economic growth and anticipated improvements in the quality of life over the next few years, developing countries are expected to witness see a rapid increase in residential construction demand during the forecast period.Building construction is growing due to the increase of growing population & population shift toward urban areas.

The growing infrastructure and residential construction are focusing on below-ground construction to build robust and water & moisture-proof building structures, thereby creating demand to insulate pipes in HVAC insulation market.

North America region accounted for the second-largest share in the HVAC Insulation market by value.

North America was the second-largest HVAC insulation market, accounting for a share of over 20% in 2021.Building & construction is the largest end use industry of HVAC insulation in the region.

The HVAC insulation market in North America is witnessing a moderate growth rate owing to the maturity of the market. Rising awareness for energy efficiency is expected to drive the growth of the residential market, and the non-residential market is expected to recover from the economic downturn due to the COVID-19 pandemic.

Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the HVAC Insulation market, and information was gathered from secondary research to determine and verify the market size of several segments. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: C Level Executives – 20%, Directors – 10%, and Others – 70%
• By Region: APAC – 30%, Western Europe – 20%, Central & Eastern Europe – 10%, North America – 20%, the Middle East & Africa – 10%, and South America – 10%
Owens Corning Corporation (US), Saint-Gobain Isover (France), Rockwool International (Denmark), Knauf Group (US), and Armacell International (Luxembourg) are some of the key players in the HVAC Insulation market.

Research coverage:
This report provides detailed segmentation of the HVAC Insulation market based on by material type, product type, by end use, and region.Based on product type, the market has been segmented into pipes and ducts.

Based on material type, the market has been segmented into mineral wool and plastic foam.Mineral wool is further segmented into glass wool and stone wool, whereas plastic foam is segmented into phenolic/PIR/PUR, elastomeric foam, PE & cross-lined PE foam.

Based on end-use industry, the market has been segmented into commercial, residential and industrial.

Key Benefits of Buying the Report:
From an insight perspective, this research report focuses on various levels of analyzes — industry analysis (industry trends), market ranking of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the HVAC Insulation market; high growth regions; and market drivers, restraints, opportunities, and challenges.
Read the full report: https://www.reportlinker.com/p03960013/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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the California-based HVAC company expands into Bay Area North with a new location in Sonoma County

SAN FRANCISCO, Jan 4, 2023 /PRNewswire/ — Rooter Hero Plumbing & Air, a plumbing and HVAC company serving residential and commercial locations in California other Arizonahas opened a new location in the metro san francisco area, expanding its reach into the Bay Area.

Rooter Hero expands into Bay Area North with a new location in Rohnert Park that will serve both Sonoma and Marin counties.

“We are excited to bring the Rooter Hero brand into the Bay Area North region,” said Rooter Hero co-founder and CEO John Akhoian. This location will help us provide the residents in sonoma other marine counties with the top-level plumbing services Rooter Hero has become known for. We are grateful that our California family provides continued support so that we can continue to grow.”

The new office is located at 5772 Commerce Blvd, Rohnert Park, CA 94928 and offers a wide range of plumbing services. General manager Patrick Fee said the location will phase in HVAC services beginning sometime toward the end of 2023. Fee runs the Bay Area North location along with David Lyonswho serves as the office’s local service manager.

“John Akhoian’s leadership and innovation continues to make Rooter Hero one of the best home service companies in California,” Fee said. “Without the support of the entire Rooter Hero leadership team, we wouldn’t see the kinds of successes in expansion that we are experiencing. We are looking forward to building a relationship with the residents in the Bay Area North service area.”

Since 2011, Rooter Hero has offered plumbing services to residents throughout California. By 2019, with the purchase of four locations in the Phoenix, Arizarea and another location in San Jose, Californiaearlier this year, the company has branched out into the heating and air conditioning markets.

“With the success of our Phoenix other San Jose area locations, we’re certain we’ll be able to provide the plumbing and HVAC services the people in the north Bay Area need,” Akohian said. “Patrick and David have demonstrated their abilities to deliver the dedication and service record needed for this location to achieve its goals. We will be cheering on their victories.”

For more information about Rooter Here, please visit https://rooterhero.com/.

About Rooter Hero Plumbing & Air

Since 2011, Rooter Hero has been committed to providing the best in plumbing and drain services. With more than 90 years of plumbing experience, the Rooter Hero team prides itself on creating a memorable experience for each customer.

The company provides solutions for both residential and commercial needs and offers 24/7 emergency service. Operating in service area locations throughout California other Arizona, Rooter Hero offers options such as HVAC service and installation in select areas. For more information, please visit https://rooterhero.com or call 844-219-2215.

MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
[email protected]

SOURCE Rooter Hero

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Bay Area restaurant managers and food truck owners cite the high costs of shipping ingredients by road and air, paired with warmer ocean temperatures, as the culprits behind the recent price hikes of those delectable lobster rolls across lunchtime menus.

And as the average retail gas price in California soared to $5.92 on Monday, according to the American Automobile Association, the costs of some of the area’s trendier lunch choices won’t likely see a dip in price any time soon. It’s all making that brown bag lunch look that much more delicious during the work week grind.

“What really drove our prices was COVID, because our shacks closed. We had to depend on other means, mainly online direct shipping orders out of Maine,” said Jason Olvera, general manager of Luke’s Lobster in the SoMa neighborhood, through text message. “We also expanded to Whole Foods and many other grocery stores. That was good and bad for us, as we had a lot of other competitors.”

Luke’s Lobster currently has one location in San Francisco and 25 other shacks from Chicago to Boston and even Tokyo. A Luke’s Lobster menu found on Yelp in 2018 listed a 4-ounce lobster roll at $16. It now sits at $24, an $8 price jump. Its 6-ounce lobster roll, however, for those with a larger appetite and wallet, is now priced at $35. Each roll, big or small, boasts chilled, wild-caught Maine lobster that’s tossed in mayo, lemon-butter and house seasoning before packed into toasted, buttery bread.

“It’s not cheap by any means. But we try our best to make it [as] affordable as possible by taking out the middleman [in a] completely transparent way,” Olvera wrote. “From the fisherman to our shacks, we complete every step ourselves.”

From its appearance on ABC’s “Shark Tank” in 2012, Cousins ​​Maine Lobster started with a single food truck in Los Angeles and grew its fleet to nearly 40, which also includes a handful of brick-and-mortar eateries throughout the United States. A decade later, Cousins ​​is one of the top players in the lobster roll business.

Bay Area franchise co-owners Raj and Rahul Mohan, operate three Cousins ​​Maine Lobster food trucks that cover the entire region, reaching anywhere from Martinez to Danville, and often setting up shop in San Francisco’s Golden Gate Park and Marina Green.

Raj Mohan told SFGATE that warmer ocean temperatures are causing the lobsters to migrate further north, while rising gas prices and even a decrease in fisherfolk actively working the Atlantic due to the coronavirus, are all key factors for the $2 increase found on Cousins’ menu. Their lobster roll currently costs $21.

“The Maine lobster is definitely sweeter than other forms of lobster, better than in Hawaii, and it gets imported a lot into Asian countries. As a result of that, there is a lot of competition,” Mohan said. “Maine lobster is very, very sustainable in terms of their practices. So, literally one out of 15 lobsters that comes into the trap, one is kept and the rest are thrown back.”

Mohan added if the lobsters are not fully grown, or they’re egg-bearing, they must be thrown back until they reach a larger size. He also said the lobster traps are designed to allow juvenile crustaceans to easily escape.

“It’s not about the weight of the lobster. It’s about the size. And they need to be at least 5-and-a-half inches from the back of the head from where the eyes are to where the tail starts,” he said. (Editor’s note: Cousins ​​Maine Lobster later clarified the lobsters are in fact 3.25 to 5 inches in length.)

Despite the price increase, Mohan said business remains consistent with food trucks parked in various locations throughout the Bay Area seven days a week.

“Most people have accepted the fact that everything in general is higher,” Mohan said. “We have a following. I think what people appreciate is how we’ve kept the recipes really original without mixing mayo, without mixing celery, without playing around too much with it. So people appreciate that, and we are busy.”

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MARIETTA, Ga., Aug. 06, 2021–(BUSINESS WIRE)–Wrench Group, LLC (“Wrench”), a national leader in home services, announced that Boothe’s Heating, Air & Plumbing, based in Hollywood, Md., has joined the company’s family of regional brands. Terms of the transaction were not disclosed.

The transaction expands the Wrench Group presence into the Mid-Atlantic region. Boothe’s was founded in 1993 and provides a wide array of services for homeowners in southern Maryland, including heating, air conditioning, indoor air quality, plumbing and drains.

“Boothe’s has built a reputation for outstanding customer service and rapid response from certified technicians over their nearly three decades in business,” said Ken Haines, Wrench Group CEO. “Their track record of growth is a perfect match for Wrench Group as we move into the mid-Atlantic for the first time.”

“Joining the Wrench Group family is a major milestone for us, as they embody the same values ​​of excellence that I founded our business upon,” said Wayne Boothe, president and owner of Boothe’s. “Wrench’s technology and operations support will enable us to grow more efficiently while providing the same high level of service that our customers have come to rely on.”

Boothe’s will retain its local leadership and management, and continue to operate under its current brand. They currently have over 115 team members and serve approximately 25,000 clients across southern Maryland, with a service area that spans from the southeast Washington DC suburbs to Point Lookout, from the Potomac River across to the Chesapeake Bay.

About Wrench Group

Wrench Group, LLC is a national leader operating under 22 brands in 16 markets across the United States. The locations provide home repair, replacement and maintenance services specializing in heating, ventilation and air conditioning, plumbing, water, and electrical services. The company collectively serves more than 1.1 million customers annually with over 3,600 team members in the Atlanta, Austin, Cincinnati, Dallas, Denver, Fort Myers-Naples, Houston, Indianapolis, Jacksonville, Louisville, Orlando, Phoenix, Sacramento, San Francisco Bay Area , southern Maryland and Tampa Bay metropolitan areas. The locations have developed strong reputations with brands that date back to the 1940s. For more information, please visit us at www.wrenchgroup.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210806005343/en/

Contacts

MEDIA CONTACTS
Meghan McNally
678-784-2260
mmcnally@wrenchgroup.com

Shawn Malaysian
872-267-2636
smalayter@greenhousepartners.com

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Nearly 100 people turned out for a town hall rally outside City Hall on Friday to honor Rev. Martin Luther King Jr. and draw attention to the stubborn distance between his dream and reality for many of San Francisco’s black residents.

The three-hour event, organized by Bay Area grassroots organization Wealth and Disparities in the Black Community, featured a variety of speakers — including local politicians, civil rights attorneys, community organizers, city workers and residents — who hammered out a unanimous conclusion:

On the eve of the civil rights leader’s 93rd birthday, being black in San Francisco hasn’t gotten much easier.

“The big question is, how are Black San Franciscans doing right now?” said Phelicia Jones, founder of Wealth and Disparities. “I would say not too well.”

African Americans moved to San Francisco in large numbers during World War II to work in shipyards amid segregation, increasing the local black population from less than 5,000 to 32,000 in 1940, or 5% of the city’s population. According to recent city data, blacks still make up just 5% of San Francisco’s residents, but that’s down from 13% in 1970. And today, they make up 35% of the city’s homeless.

The average income for a black household is $31,000 compared to $110,000 for white families, and about 19% of black children in the city live in poverty.

“We’re the exact same people who fled the South’s lash, only to face housing discrimination, over-policing and mass incarceration,” said Adante Pointer, a civil rights attorney. “They unleashed the gates of hell on the church to repel our pride.”

Supervisor Shamann Walton said the Board of Supervisors is trying to fill some of these systemic gaps. The city established a redress task force in May and, starting last year, diverted $120 million in funds for local law enforcement agencies (about 7% of the sheriff’s and police department’s budget) to the city’s black neighborhoods. Funds are earmarked for small business grants and loans; educational and social justice programs for youth; and assistance with drug and mass incarceration rehabilitation, among other services.

“We’ve accomplished some things, we’ve channeled resources to the black community,” Walton said. “But even with these steps, there is still a long way to go.”

Walton said he doesn’t think it’s a coincidence that sensationalized petty crime coverage increased after the board agreed to shift funds from law enforcement to the black community.

“Every step we take forward, they try to hold us back,” Walton said. “It’s not surprising, it’s not new.”

The rally comes as Mayor London Breed is pursuing a controversial strategy to crack down on crime, drug use and public nuisance in the Tenderloin, an area home to homeless people who are disproportionately black and brown.

Supervisor Matt Haney, whose district also includes the tenderloin, said it was important to continue King’s fight.

“Black people continue to face inequalities in many areas of life, whether it’s education, housing or dealing with law enforcement,” he told The Chronicle. “This is a time to recommit to the work of civil rights and social justice for every black resident of our city.”

Police Officer Domingo Williams said he attended the event to show solidarity with his black community and to establish himself as an “access point” for local residents who mistrust his profession.

“I’m here to build confidence and I understand it’s going to take a while, and for good reason,” Williams said. “Black people have every reason to distrust law enforcement. I’m here to let people know I’m an option and a resource.”

Other Bay Area residents such as Dellfinia Hardy, Lynn Westry and Ramona Massey, all City of San Francisco workers, said they were at the event to show their support and agreed that the pitch that night would be a long-distance effort .

“Two years isn’t enough to fix that,” Westry told The Chronicle of the city’s black neighborhood investment plan. “Yes, funds have been diverted and that’s great, but we need to make sure we approach change in a systematic way if we want real change to reach the next generations. That would have dr. King wanted.”

Shwanika Narayan is a contributor to the San Francisco Chronicle. Email: shwanika.narayan@sfchronicle.com Twitter/Instagram: @shwanika

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SAN FRANCISCO, October 22, 2021 / PRNewswire / – A new market study published by Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report entitled “Online On-Demand Home Services – Global Market Trajectory & Analytics”. The report offers new perspectives on opportunities and challenges in a strongly changed market after COVID-19.

FACTS AT A GLANCE

Edition: 6; Approved: April 2021

Executive pool: 1093

Companies: 45 – Players Covered include Amazon.com, Inc .; ANGI Homeservices, Inc .; Cell Phone Technologies, Inc .; Helpling GmbH; TaskRabbit, Inc. and others.

Cover: All major regions and key segments

Segments: Segment (Household Care & Design, Repair & Maintenance, Health, Wellness & Beauty, Other Segments)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and rest Europe); Asia Pacific; Rest of the world.

Free project preview – This is an ongoing global program. Check out our research program before making a purchase decision. We offer free access to qualified executives in the areas of strategy, business development, sales and marketing as well as product management at selected companies. Previews provide insider access to business trends; competitive brands; Domain expert profiles; and market data templates and much more. You can also create your own bespoke report with our MarketGlass. create Platform that offers thousands of bytes of data with no obligation to purchase our report. Registration preview

ABSTRACT-

Reaching Global Online On Demand Home Services Market $ 2.9 trillion by 2026

In the midst of the COVID-19 crisis, the global market for online on-demand home services is valued at $ 281.9 billion in 2020 is expected to reach a revised size of $ 2.9 trillion until 2026 with a CAGR of 46.7% in the analysis period. Home Care & Design, one of the segments analyzed in the report, is expected to have a CAGR and reach of 48.1% $ 1.8 trillion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis caused, the growth in the Repair & Maintenance segment will be adjusted to a revised CAGR of 49.3% for the next 7 year period.

The US market is estimated at $ 133.7 billion in 2021, while China is expected to reach $ 463.6 billion by 2026

The market for online on-demand home services in the US is estimated at $ 133.7 billion in 2021. China, the second largest economy in the world, is expected to reach a market size of $ 463.6 billion by 2026 with a CAGR of 44% in the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 42.5% and 39.6% respectively in the analysis period. Within Europe, Germany is forecast to grow about 31.7% CAGR.

Reaching the health, wellness and beauty segment $ 365.8 billion by 2026

In the global health, wellness & beauty segment United States of America, Canada, Japan, China and Europe will increase the estimated CAGR for this segment by 39%. These regional markets make a combined market size of $ 39 billion in 2020 a forecast size of $ 392.4 billion until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. More

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The post World Business Analysts Predicts the World On-line On-Demand House Companies Market to Attain $2.9 Trillion by 2026 | Information appeared first on Los Gatos News And Events.

FACTS AT A GLANCE
Edition: 6; Published: April 2021
Executive pool: 1093
Companies: 45 – Players Covered include Amazon.com, Inc .; ANGI Homeservices, Inc .; Cell Phone Technologies, Inc .; Helpling GmbH; TaskRabbit, Inc. and others.
Coverage: All major regions and key segments
Segments: Segment (Home Care & Design, Repair & Maintenance, Health, Wellness & Beauty, Other Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and rest Europe); Asia Pacific; Rest of the world.

Free Project Preview – This is an ongoing global program. Check out our research program before making a purchase decision. We offer free access to qualified executives in the areas of strategy, business development, sales and marketing as well as product management at selected companies. Previews provide insider access to business trends; competitive brands; Domain expert profiles; and market data templates and much more. You can also create your own bespoke report with our MarketGlass. create Platform that offers thousands of bytes of data with no obligation to purchase our report. Registration preview

ABSTRACT-

Reaching Global Online On Demand Home Services Market $ 2.9 trillion by 2026
In the midst of the COVID-19 crisis, the global market for online on-demand home services is valued at $ 281.9 billion in 2020 is expected to reach a revised size of $ 2.9 trillion until 2026 with a CAGR of 46.7% in the analysis period. Home Care & Design, one of the segments analyzed in the report, is expected to have a CAGR and reach of 48.1% $ 1.8 trillion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis caused, the growth in the Repair & Maintenance segment will be adjusted to a revised CAGR of 49.3% for the next 7 year period.

The US market is estimated at $ 133.7 billion in 2021, while China is expected to reach $ 463.6 billion by 2026
The market for online on-demand home services in the US is estimated at $ 133.7 billion in 2021. China, the second largest economy in the world, is expected to reach a market size of $ 463.6 billion by 2026 with a CAGR of 44% in the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 42.5% and 39.6% respectively in the analysis period. Within Europe, Germany is forecast to grow about 31.7% CAGR.

Reaching the health, wellness and beauty segment $ 365.8 billion by 2026
In the global health, wellness & beauty segment United States of America, Canada, Japan, China and Europe will increase the estimated CAGR for this segment by 39%. These regional markets make a combined market size of $ 39 billion in 2020 a forecast size of $ 392.4 billion until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. More

MarketGlass platform
Our market glass Platform is a free, full-stack knowledge center that can be customized to meet the intelligence needs of today’s busy business leaders! This influencer-controlled interactive research platform forms the core of our primary research activities and is based on the unique perspectives of the participating executives worldwide. Features include – enterprise-wide peer-to-peer collaboration; previews of research programs relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke reporting; Monitor market trends; competitive brands; Create and publish blogs and podcasts with our primary and secondary content; Track domain events worldwide; and much more. Client companies have complete insider access to the project data stacks. Currently used by over 67,000 domain experts worldwide.

Our platform is free for qualified executives and accessible through our website www.StrategyR.com or through our recently released mobile application for iOS or Android

About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc. (www.strategyr.com) is a renowned research publisher and the only influential research company in the world. GIA proudly serves more than 42,000 customers from 36 countries and has been known for accurate market and industry forecasting for over 33 years.

CONTACTS:
Zak Ali
Director, corporate communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
E-mail: [email protected]

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SOURCE Global Industry Analysts, Inc.

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SAN FRANCISCO, October 22, 2021 / PRNewswire / – A new market study published by Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report entitled “Online On-Demand Home Services – Global Market Trajectory & Analytics”. The report offers new perspectives on opportunities and challenges in a strongly changed market after COVID-19.

FACTS AT A GLANCE

Edition: 6; Approved: April 2021

Executive pool: 1093

Companies: 45 – Players Covered include Amazon.com, Inc .; ANGI Homeservices, Inc .; Cell Phone Technologies, Inc .; Helpling GmbH; TaskRabbit, Inc. and others.

Cover: All major regions and key segments

Segments: Segment (Household Care & Design, Repair & Maintenance, Health, Wellness & Beauty, Other Segments)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and rest Europe); Asia Pacific; Rest of the world.

Free project preview – This is an ongoing global program. Check out our research program before making a purchase decision. We offer free access to qualified executives in the areas of strategy, business development, sales and marketing as well as product management at selected companies. Previews provide insider access to business trends; competitive brands; Domain expert profiles; and market data templates and much more. You can also create your own bespoke report with our MarketGlass. create Platform that offers thousands of bytes of data with no obligation to purchase our report. Registration preview

ABSTRACT-

Reaching Global Online On Demand Home Services Market $ 2.9 trillion by 2026

In the midst of the COVID-19 crisis, the global market for online on-demand home services is valued at $ 281.9 billion in 2020 is expected to reach a revised size of $ 2.9 trillion until 2026 with a CAGR of 46.7% in the analysis period. Home Care & Design, one of the segments analyzed in the report, is expected to have a CAGR and reach of 48.1% $ 1.8 trillion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis caused, the growth in the Repair & Maintenance segment will be adjusted to a revised CAGR of 49.3% for the next 7 year period.

The US market is estimated at $ 133.7 billion in 2021, while China is expected to reach $ 463.6 billion by 2026

The market for online on-demand home services in the US is estimated at $ 133.7 billion in 2021. China, the second largest economy in the world, is expected to reach a market size of $ 463.6 billion by 2026 with a CAGR of 44% in the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 42.5% and 39.6% respectively in the analysis period. Within Europe, Germany is forecast to grow about 31.7% CAGR.

Reaching the health, wellness and beauty segment $ 365.8 billion by 2026

In the global health, wellness & beauty segment United States of America, Canada, Japan, China and Europe will increase the estimated CAGR for this segment by 39%. These regional markets make a combined market size of $ 39 billion in 2020 a forecast size of $ 392.4 billion until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. More

MarketGlass platform

Our market glass Platform is a free, full-stack knowledge center that can be customized to meet the intelligence needs of today’s busy business leaders! This influencer-controlled interactive research platform is the heart of our primary research activities and is based on the unique perspectives of the participating executives worldwide. Features include – enterprise-wide peer-to-peer collaboration; previews of research programs relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke reporting; Monitor market trends; competitive brands; Create and publish blogs and podcasts with our primary and secondary content; Track domain events worldwide; and much more. Client companies have complete insider access to the project data stacks. Currently used by over 67,000 domain experts worldwide.

Our platform is free for qualified executives and accessible through our website www.StrategyR.com or through our recently released mobile application for iOS or Android

About Global Industry Analysts, Inc. & StrategyR

Global Industry Analysts, Inc. (www.strategyr.com) is a renowned research publisher and the only influential research company in the world. GIA proudly serves more than 42,000 customers from 36 countries and has been known for accurate market and industry forecasting for over 33 years.

CONTACTS:

Zak Ali

Director, corporate communications

Global Industry Analysts, Inc.

Phone: 1-408-528-9966

www.StrategyR.com

Email: ZA@StrategyR.com

LEFT

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SOURCE Global Industry Analysts, Inc.

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