The geothermal market is growing and the HVAC contractor can find it profitable. In order to help contractors just getting into the field or give those who are in the field a few pointers, The NEWS teamed up with AHRI for this geothermal eBook.
A large entity using its size and resource muscle to carve out business at the expense of smaller companies may elicit a David-versus-Goliath reaction from many.
Gone are the days of paper invoicing and technicians carrying pagers. Today, savvy contracting owners are implementing the use of intelligent products to simplify daily operations both in the field and the office.
According to a report from Mordor Intelligence, the global smart home market was valued at $35.7 billion in 2017, and it is expected to reach a value of $150.6 billion by 2023, growing at a compound annual growth rate of 26.9 percent during the forecast period.
There are a lot of variables that make it impossible to say there’s one product that’s better than all the rest in every situation; however, everyone has their favorite.
The report indicates that the HVACR market is primed for continued business growth. Reports for 2018 are at an all-time high, with 44 percent of respondents reporting a significant sales increase of more than 10 percent year over year; this is up from an already impressive 2017 record of 35 percent.
Honing in on the high-end heating market, there have been several changes over the years, but four primary trends stand out among the rest: connectivity, efficiency, aesthetics and health, and upgraded technology.
Business and application tips for current and future trends
November 19, 2018
Contractors can find a vast opportunity in selling radiant heat, which is growing in popularity as it gains further recognition by consumers and contractors alike for its unique qualities.
For many contractors, high-end heat represents a good investment with solid returns. So how do contractors get involved in high-end heating equipment? They talk to other contractors and find out what worked for them.