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HVAC Equipment Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3585  |  NAICS 333410

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

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.
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Industry Analysis, Statistics, Trends, and Forecasts


Heating & Air Conditioning Equipment Manufacturing  (view report)
HVAC Equipment Wholesaling  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

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

Industry Statistical Profile
https://netforum.ahrinet.org/
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
https://www.ahrinet.org/
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
https://www.ahrinet.org/
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.


Frost & Sullivan
North American HVAC Equipment Market
https://store.frost.com/

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
https://www.bccresearch.com/

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.


Technavio
Global HVAC Equipment Market
https://www.technavio.com/

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.


BizMiner Market Analysis Reports
Heating, Air-Conditioning, and Ventilation Equipment Manufacturers
https://www.bizminer.com  Search for "3334" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports»

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Heating, Air-Conditioning, and Ventilation Equipment Manufacturers
https://www.bizminer.com  Search for "3334" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial ratio analysis can be viewed free online.

IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.


More financial benchmarking data»

Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Machinery Manufacturing (NAICS 3331/3332/3334/3339)
https://www.bls.gov/oes/

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.


PayScale, Inc.
Heating, Ventilation, and Air-Conditioning Systems Manufacturing
https://www.payscale.com/

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.


More compensation surveys»

BV Guides and Databases


BVMarketData
 »   Search M&A databases with free "Visitor Search" to find private company sales transaction data.

More valuation data»


Related Industries:
Building Materials and Home Improvement Stores
General Contractors and Construction Companies
HVAC Equipment Distributors
Plumbing and HVAC Contractors

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