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

  • ID: 239477
  • Report
  • April 2020
  • Region: United States
  • 40 pages
  • IBISWorld
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Another scorcher: Increased construction activity will likely support revenue growth

FEATURED COMPANIES

Heating & Air Conditioning Equipment Manufacturing in the US

Operators in the Heating and Air Conditioning Equipment Manufacturing industry manufacture residential, commercial and industrial heating, ventilation, air conditioning and refrigeration (HVACR) equipment. Over the five years to 2019, residential and nonresidential construction activity expanded due to strong underlying drivers, including rising per capita disposable income and relatively low interest rates. These trends bolstered industry sales, as HVACR equipment is typically installed in new buildings to regulate climate and provide ventilation. Over the five years to 2024, industry revenue is expected to continue increasing. Much of this growth is expected to be driven by an expected increase in domestic construction activity, which boosts demand for HVACR installations, upgrades and retrofits.

Companies in this industry manufacture residential, commercial and industrial heating, ventilation, air conditioning and refrigeration (HVACR) equipment. Industry revenue includes miscellaneous receipts for the resale of products without further manufacturing, contract work done for others on respective items and acknowledgements for repair, scrap and refuse sales. Automotive units are excluded from this industry.

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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FEATURED COMPANIES

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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  • Johnson Controls International PLC
  • Ingersoll-Rand PLC
  • Carrier Global Corporation
Note: Product cover images may vary from those shown
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