Heating & Air-Conditioning Contractors in Illinois - Industry Market Research Report

  • ID: 4578250
  • Report
  • Region: Illinois
  • 29 pages
  • IBISWorld
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Heat wave: Demand and profit growth will attract new players to the industry

FEATURED COMPANIES

  • APi Group Inc.
  • EMCOR Group Inc.
  • McKinstry
  • Team Industrial Services
  • MORE

Heating & Air-Conditioning Contractors in Illinois

The Heating and Air-Conditioning Contractors industry in Illinois is expected to grow over the past five years. This projected growth is largely attributed to an increase in construction activity. In addition, HVAC contractors have benefited from energy efficiency preferences, which has spurred growth in retrofitting services. Revenue is expected to further increase over the five years to 2022. However, sales growth will be largely driven by an increase in electricity prices. Unlike the rest of the nation, most commercial buildings in Illinois are historical structures that have been remodeled to feature more-modern amenities. However, a number of these structures have installed outdated HVAC systems, which are energy-intensive. As electricity prices continue to rise, demand for HVAC system retrofitting services will grow.

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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FEATURED COMPANIES

  • APi Group Inc.
  • EMCOR Group Inc.
  • McKinstry
  • Team Industrial Services
  • MORE
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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  • EMCOR Group Inc.
  • APi Group Inc.
  • Team Industrial Services
  • McKinstry
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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