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Heating & Air-Conditioning Contractors in the US - Industry Market Research Report

  • ID: 16680
  • Report
  • Region: United States
  • 39 Pages
  • IBISWorld
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Fresh breeze: Growth in the overall construction sector will benefit the industry

Heating & Air-Conditioning Contractors in the US

Over the five years to 2019, the Heating and Air-Conditioning Contractors industry has expanded alongside broad construction trends. Accordingly, the industry is heavily influenced by activity in the construction sector. Over the past five years, the value of both residential and nonresidential construction have increased, benefiting operators in this industry. Furthermore, interest rates have remained relatively low, resulting in low borrowing costs. In addition, a healthy housing market, combined with favorable macroeconomic conditions, has accelerated new construction, particularly in cities. As a result of these positive trends, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to rise. However, while key construction markets are still expected to expand over the next five years, industry growth will likely be more subdued compared with the previous period.

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.

Note: Product cover images may vary from those shown
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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 & MARKETS
  • Supply Chain
  • Products & 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 & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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