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Turn up the heat: The growing popularity of energy-efficient systems will boost industry demand



Abstract

Heating & Air-Conditioning Contractors in the US

The Heating and Air-Conditioning Contractors industry is heavily influenced by activity in the construction market, with the majority of income generated from heating, ventilation and air-conditioning (HVAC) installations in new residential and nonresidential structures. Over the past five years, the rebound of the housing market, along with an increase in economic activity, caused new construction to start picking up in 2011. Nonresidential building construction activity also increased as consumer spending and corporate profit caused an expansion in the business sector. In the next five years, national standards for energy efficiency, as well as a growing trend toward lowering household and business energy use, are projected to encourage building owners to upgrade to more efficient systems. In addition, federal and state government energy efficiency incentives are expected to benefit HVAC contractors. Additionally, rising electricity prices are also expected to motivate households to purchase or upgrade to more efficient HVAC systems so that they can lower their electricity bills over the long term.

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.



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Table Of Contents

Heating and Air-Conditioning Contractors 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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