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Heating and Air Conditioning Equipment Manufacturers

SIC 3585 | NAICS 333410

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Heating & Air Conditioning Equipment Manufacturing  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast

Air-Conditioning, Heating, and Refrigeration Institute
Information resources available from this trade association include:

Industry Statistical Profile
Statistical profile provides an overview of the heating, air conditioning, water heating, and commercial refrigeration equipment manufacturing industry, with information provided including historical shipments by product category (e.g., warm air furnaces, central air conditioners, heat pumps, and water heaters), total industry employment, wages and value added per employee, and number of U.S. manufacturers.

Monthly Shipments
Monthly AHRI shipment report provides data on U.S. manufacturer shipments by product category for the most recent month and on a year-to-date basis with comparisons to the same periods in the prior year, with product categories covered in the report including gas and electric residential/commercial water heaters, gas and oil warm air furnaces, central air conditioners, and air-source heat pumps.

Historical Data
Historical data reports provide 20 years of statistical data on HVACR equipment shipments by product category, with product categories covered including central air conditioners and air-source heat pumps (in units of each category and combined by BTUH size rating), commercial gas/electric storage water heaters, residential gas/electric automatic storage water heaters, and gas and oil warm air furnaces.

First Research

HVAC Equipment Manufacturing
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast

Frost & Sullivan
North American HVAC Equipment Market

Market research reports provide in-depth analysis of the North American HVAC equipment market, with topics addressed in the reports including market overview; external challenges, drivers, and restraints; revenue forecasts by product segment (e.g., controls, filters, unitary equipment, applied systems, and chillers), vertical market, and distribution channel; competitive environment; and market share analysis.

BCC Research
Heating, Ventilation, and Air Conditioning: Global Markets

BCC research report provides an overview of the global market for HVAC systems, with topics covered in the report including market background, environmental concerns, regulatory pressures, evolution of commercial and residential technologies, regional analysis, global forecast by region, key value chain participants and their interactions, leading manufacturers, and new entrants from emerging economies.

Infiniti Research Limited
Global HVAC Equipment Market

Market research study provides a detailed analysis of the HVAC equipment market on a global basis, with information provided in the study including market size and forecast by application (e.g., heating, air conditioning, and ventilation), end-user (e.g., residential, commercial), and geographic region, and major vendors profiled including Carrier, Daikin Industries, LG, Ingersoll-Rand, and Johnson Controls.

Financial Benchmarking Data

Industry Financial Ratios
Heating, Air-Conditioning, Ventilation, and Refrigeration Equipment Manufacturers  Search for "3334"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios

First Research

HVAC Equipment Manufacturing

Financial information section provides income statement and balance sheet data and financial ratios by company size for companies that manufacture heating, ventilation, air-conditioning, air-purification, and commercial and industrial refrigeration systems and components, with leading companies in this sector including Ingersoll-Rand, Johnson Controls, United Technologies, Lennox International, and Nortek Inc.

Compensation Surveys

U.S. Bureau of Labor Statistics
HVACR Equipment Manufacturing

Annual survey provides hourly and annual wage data for personnel employed by manufacturers in this sector, with product categories covered by the survey including heating (e.g., furnaces, boilers, heat pumps), ventilation (e.g., fans, blowers), air-conditioning (e.g., central, split system), air-purification (e.g., dust collection, filters), and refrigeration (e.g., commercial, industrial) systems and components.

Heating, Ventilation, and Air-Conditioning Systems Manufacturing

Free online service provides salary and hourly wage data for selected job positions in this sector such as design engineer, mechanical engineer, technician, and welder, with manufacturers for which wage data is provided including Johnson Controls, Ingersoll-Rand Company, The Trane Company, Carrier Corporation, Goodman Manufacturing Company, Daikin America, Inc., and Lennox International, Inc.

Business Valuation Resources

Small Business Valuation Multiples

HVAC and Refrigeration Equipment Manufacturers

Comprehensive reference guide provides market-based business valuation multiples for companies that manufacture heating, ventilation, air-conditioning, air-purification, and commercial and industrial refrigeration systems and components for use in residential, commercial, and industrial applications.