HVAC Residential Market

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For the second year in a row, CEOs took questions directly from the contractor audience of ACCA’s annual conference. 

GEO provided comments to a CEC Workshop Docket, addressing problems with the Title 24 energy code for building permits that limits the use of geothermal heat pumps in the state.

Within the HVAC universe, pure-play manufacturers have led the market since January 2012 with a cumulative return of 173 percent. Diversified HVAC manufacturers and HVAC service and distribution stocks have also performed well, gaining 67 percent and 62 percent, respectively.

The course will focus specifically on residential and light commercial building systems that use high-efficiency/low-emission wood gasification and pellet-fired boilers. It’s designed to be completed in one week, and provides seven American Institute of Architects (AIA) continuing education hours. 

This year, 2,465 manufacturers participated in the event as 198,000 visitors flocked to see the latest trends and technical innovations.

The demand for HVAC equipment in the U.S. is forecast to increase 6.8 percent annually through 2019 to $20.4 billion, recording gains at about twice the rate of the 2009-2014 period, according to a new study released in March by The Freedonia Group. 

Bosch Thermotechnology’s Greenstar gas condensing boiler for residential applications is now available in a floor standing version for all eight regular (heat) and combi (heat+hot water) models: regular heat only models 57, 79, 100, 131, 151 MBtuh inputs and combi heat+hot water 100, 131, 151 MBtuh inputs.

The town of Biddeford, Maine, is home to Jim Godbout Plumbing, Heating, and Air Conditioning, a diverse enterprise that tends to cater to high-end residential contracting.

The Owners’ Spotlight focused on senior management and featured main stage programs with a theme that carried forward from presentation to presentation.

With year-after-year double-digit growth and a projected compound annual growth rate (CAGR) of more than 14 percent between 2013 and 2020, opportunities in the ductless market are sprouting like May flowers.