Study: 2015 HVAC Demand to Near $17 Billion
Unitary Air Conditioners
Unitary air conditioners are the largest segment of the cooling system market, accounting for nearly three-quarters of the total in 2010, said the survey. In addition, demand for unitary systems will increase at an above-average pace, benefiting from the continuing development of higher-efficiency models and from gains in the share of homes with central air conditioning. The cooling equipment industry is affected by a variety of regulations, including those involving ozone-depleting hydrochlorofluorocarbon refrigerants.
According to the survey, heat pumps accounted for the largest share of heating equipment value demand in 2010 and have been gaining share at the expense of less-efficient equipment and those that provide heating only. Through 2015, demand for heat pumps is expected to post the strongest gains of any heating equipment, supported by their ability to provide efficient heating and cooling in moderate climates, and by rising interest in geothermal versions. Demand for boilers will also post above-average gains benefiting from the rebound in nonresidential and residential multiunit construction, and interest in radiant heating systems.
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Publication date: 02/20/2012