The latest figures from the AHRI show shipments of a/c units and heat pumps fell in November 2025 compared to the same time last year, while furnaces saw modest year-over-year gains.
The Air-Conditioning, Heating & Refrigeration Institute data show that heat pump, a/c, furnace. and water heater shipments all fell in October in comparison to the same month last year.
The a/c and heat pump shipment numbers reflect some of the headwinds industry leaders discussed during last month’s Morgan Stanley Laguna Conference: low consumer demand, high interest rates, tariffs on imported products and materials, and the continuing fallout from the refrigerant transition.
The shipment data reflect a market still adapting to challenges presented by the transition to A2L-compatible equipment, a shortage of aftermarket R-454B for use by contractors, and uncertainty about the Trump administration's tariff policy.
“NHW-A with ComfortFlow brings high-efficiency water heating with built-in recirculation to more customers,” said Chia Lin, water heater product manager at Navien.
Source: Air-Conditioning, Heating, and Refrigeration Institute (AHRI). Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
Shipments of central air conditioners, air-source heat pumps, gas warm air furnaces, residential storage water heaters, and commercial storage water heaters in the United States all showed double-digit increases in January, according to the latest statistics released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).
Source: Air-Conditioning, Heating, and Refrigeration Institute (AHRI). Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
Source: Air-Conditioning, Heating, and Refrigeration Institute (AHRI). Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies.
