Angular — Using component-level scoped service to communicate between parent and children

Service is one of the fundamental concepts of Angular for managing shared state and logic. Do you know service can be in component-level? It is very useful for implementing component with dynamic child components, for example:

<google-map [key]="apiKey">
  <google-map-marker *ngFor="let marker of markers"
    [lat]="marker.lat"
    [lng]="marker.lng">
  </google-map-marker>
</google-map>