Demand for energy-efficient systems produces gains
January 11, 2016
Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.
New construction in the residential, commercial, and industrial sectors has increased demand
December 21, 2015
The global HVAC market is forecast to grow steadily at a compound annual growth rate (CAGR) of 7 percent from 2016 to 2020, according to a new report available from ReportsnReports. Rapid growth in the construction and real estate markets worldwide is having a positive impact on the HVAC market.
Stars are aligning for the residential HVAC market, while the commercial market is seeing a steady recovery
August 10, 2015
The global HVAC equipment market is positioned for another year of above-average growth, with the fundamentals in place for the United States that are the best in over 10 years, according to a report from Chisult Insight Co. Ltd.
Diversified HVAC manufacturer stocks have improved 69 percent since 2012
August 10, 2015
What will be the next step for HVAC contractors as technology continues to drive change? Will an “Uber-like” HVAC contractor service model emerge? Don’t be left behind… and proactively plan for the future.
While the total construction market in the United States has grown at a modest compound annual growth rate (CAGR) of 2.4 percent from 2012 to 2014, IHS found in its recent report titled the World Market for HVAC Equipment that 65.2 percent of total HVAC units sold into nonresidential buildings were retrofit sales.
Advances Will Be the Result of Robust Gains in Building Construction Spending
March 30, 2015
Demand for HVAC equipment in the United States is forecast to increase 6.8 percent annually through 2019 to $20.4 billion, recording gains over twice the rate of the 2009-2014 period, according to a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm.
The Transformation the HVAC Business Is Experiencing Will Open the Door to New Vendors
January 12, 2015
The global commercial and residential HVAC systems market is forecast to grow from $75.4 billion in 2014 to $116.6 billion in 2019, registering a five-year compound annual growth rate (CAGR) of 9.1 percent, according to a new report from BCC Research.
Roberts-Gordon Designs and Manufactures Specialty Commercial and Industrial HVAC Equipment
July 17, 2014
The Sterling Group, a middle market private equity firm based in Houston, announced that its affiliated investment fund, Sterling Group Partners III L.P., has completed the acquisition of Roberts-Gordon LLC.
Despite the economic downturn, HVAC industry revenue from 2009 to 2014 increased at an annualized rate of 2.4 percent. With the positive developments now seen in the market, industry revenue is forecast to rise over the next five years, with significant growth in 2014.