Articles Tagged with ''state of the HVAC industry''

To help contractors keep their finger on the pulse of the HVAC industry, The ACHR NEWS has asked experts serving four different HVAC sectors what they’re focusing on right now. Here’s what they have to say.

The HVAC industry faces challenges in 2024 from inflation, higher interest rates, and HFC production cuts. However, regulatory support for eco-friendly systems could provide growth opportunities, leading manufacturers to be optimistic about the year ahead.

Industry experts examine the current outlook of the commercial and residential HVAC market and forecasts of what the next five years will bring.

As the industry continues to gray and the demand for HVAC services continues to rise, recruiting, training, and retaining young talent is crucial to the trade’s future.

Factors that shape the HVACR distribution market paint an uncertain picture of the year ahead. But Talbot Gee says those distributors who plan for different scenarios and are ready to “pivot on a dime” will fare best.

The last two years have been very good for the HVAC industry, thanks to robust demand for new equipment; however, manufacturers worry that inflation, rising interest rates, and a possible recession could dampen growth in 2023.

There may be rough seas ahead for HVACR contractors, but those who are prepared should be able to weather the storm — and even thrive.

ACCA and the state association’s relationship has come a long way. Today they serve each other, working together toward the common goal of bettering the HVAC industry.

What’s the state of HVAC education this year with a weakened but still very present pandemic?

The 2021 State of the Industry Report is built to help HVACR, plumbing, and electrical field service professionals explore the future.