HVAC Residential Market

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The NEWS asked seven of its Best Contractors to Work For contest winners to share the best business advice they’ve ever received. Each individual offered unique advice, ranging from clearly defining a company’s purpose to fully trusting in God’s omnipotence. Here for your perusal are the insights, advice, and opinions as provided by the Magnifi­cent Seven.

Faced with potentially lofty repair bills, homeowners must decide whether to repair or replace their condensing units, which is not an easy decision.

The condensing unit market is on the rise. According to a report published by MarketsandMarkets, the global condensing unit market is forecast to reach $23.31 billion by 2021, growing at a compound annual growth rate (CAGR) of 11.1 percent from 2016 to 2021. And there are a number of trends contributing to this growth.

A major manufacturer recently conducted a survey of 2,000 consumers asking for their feedback on smart products. When asked about their interest in purchasing smart products, more than 60 percent of respondents said they were interested in purchasing an intelligent control for their home. Other industry data shows that actual smart home product penetration is less than 20 percent.

Manufacturers have the task of bringing advanced digital tools to market and assuring contractors and technicians that they will do everything possible to refine and enhance their products.

What if you, as a technician, could add any tool to your bag with no concern for price, brand, or market condition? It’s an intriguing prompt. And, when shared with HVAC contractors and technicians, the question brought forth plenty of differing opinions and responses.

Does brand loyalty translate to contractors’ and technicians’ preferences in HVAC tools? Perhaps there isn’t a clear-cut, black-and-white answer to that question, but contractors and technicians certainly do develop brand-name preferences, and it can be hard to change opinions once they’ve set in.

The 5 Series SAH Air Handler is available in 2- to 6-ton capacities. When paired with the WaterFurnace 5 Series split system, 5 Series Air Handlers provide a solution for replacing an air conditioner or heat pump in homes with limited utility space.

Ductless heat pumps have taken the U.S. by storm with sales increasing by double digits over the last few years. That momentum is expected to continue; however, not every homeowner wants to look at wall-mounted units in their living spaces.

Seasonal marketing offers up an opportunity to increase visibility throughout the community via promotions, sponsorships, special deals, and more.