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High airflow: Renewed construction activity and the move toward energy efficiency will increase revenue

Heating & Air Conditioning in the US

Similar to most industries within the construction sector, the Heating and Air Conditioning industry has been quite volatile over the past five years. In 2009, new residential and nonresidential construction went into historic decline. Business expansion plans were also halted and cut into new commercial construction, while the large number of unsold homes on the market discouraged new residential construction. At the same time, falling per capita disposable income prevented consumers from upgrading heating, ventilation and air-conditioning (HVAC) systems. Nevertheless, demand for industry services is projected to heat up over the next five years. Pent up demand across the construction sectors, which began to slacken quickly in 2012 and 2013, is forecast to boost demand for new HVAC installations, the industry's primary service segment. Improving per capita disposable income, and the growing popularity of energy efficient systems that also lower operating costs for businesses and households, will also drive demand for installations in existing structures.

This industry comprises companies that primarily install and service heating, ventilation, air-conditioning (HVAC) and refrigeration equipment. Operators perform tasks that include new installations, additions, alterations, maintenance and repairs. Plumbing and related activities are not included in this report (IBISWorld report 23822b).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table Of Contents

Heating and Air Conditioning in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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