HVAC Equipment Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
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)
HVAC Equipment Wholesaling (view report)
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
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.
Financial Statements and Financial Ratios
Heating, Air-Conditioning, and Ventilation Equipment Manufacturers
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Heating & Air Conditioning Equipment Manufacturing
Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.
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.
BV Guides and Databases
BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Types of establishments included in these codes
Building Materials and Home Improvement Stores
General Contractors and Construction Companies
HVAC Equipment Distributors
Plumbing and HVAC Contractors
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