HVAC Breaking News

Sept. 8, 2008: HVAC Futures Study Predicts Significant Changes

CHANTILLY, Va. - The New Horizons Foundation (NHF) - An HVAC and Sheet Metal Industry Initiative has issued a study titled “The HVAC and Sheet Metal Industry Futures Study: Industry Trends and Drivers Shaping Alternative Futures.” A comprehensive look at the future of the industry, the report identifies over 35 significant changes or developments that will influence future market opportunities and the nature of HVAC and sheet metal contractor operations five and 10 years from now.

More than 75 individuals, enlisted from the HVAC and sheet metal industry and from related industry partners and other sectors of the construction industry, worked for more than a year to develop the report. The group identified and then examined the impact of the cornerstone factors driving change in the industry - sustainability, globalization, workforce, and technology. In releasing the study, George “Butch” Welsch, NHF chairman, noted that the HVAC and sheet metal industry “can use the report and associated research as a guide to making decisions that will involve accommodation to change and change at an accelerated pace.”

Looking 10 years ahead, some of the more significant expectations for the HVAC industry identified in the report include:

• Residential and nonresidential building will become heavily focused on energy conservation, sustainability issues, and green construction. All these factors create opportunity for leading HVAC contractors.

• The demand for retrofit and service work will grow at an unprecedented pace to meet future building performance expectations and to serve an ever-growing supply of building inventory.

• Building information modeling (BIM), building information systems, lean management, and other productivity tools will be required to successfully compete in the HVAC market.

For more information, visit the foundation’s Website at www.newhorizonsfoundation.org.

Publication date: 09/08/2008

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 ACCA Conference

Images from the 2015 ACCA Conference in Grapevine, Texas. Posted on April 8, 2015.

Podcasts

NEWSMakers: Clint Schreck

Clint Schreck, general manager, Columbus Worthington Air, Columbus, Ohio, discusses winning Angie’s List Super Service Award, how to handle online reviews, and much more.

More Podcasts

ACHRNEWS

NEWS 05-25-15 cover

2015 May 25

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Legislation and Regulation

What legislative/regulatory issue is most important to you as a HVAC business owner?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con