Heating & Air-Conditioning Contractors in Texas
Driven by rebounding construction markets, the Heating and Air-Conditioning Contractors industry in Texas expanded at a strong pace over the past five years. The value of private nonresidential construction in Texas rose, increasing both the value of work done and the pool of potential clients for industry operators. This was facilitated by growing corporate profit and consumer spending, benefiting the business sector. Additionally, the industry is expected to continue growing over the next five years. While construction markets will not expand at the meteoric rates of the past five years, the new construction that was built will need to be maintained, repaired or upgraded during the outlook period. Upgrades will become popular as federal and state government energy-efficiency incentives (via tax credits) motivate customers to trade up to newer, more-efficient systems.
This industry comprises companies that primarily install and service heating, ventilation, air-conditioning (HVAC) and refrigeration equipment. Operators perform tasks that include new installations, additions, alterations, maintenance and repairs. Plumbing and related activities are not included in this report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.