Heating & Air Conditioning Equipment Manufacturing in Illinois
The Heating and Air Conditioning Equipment Manufacturing industry in Illinois manufactures a broad range of HVAC equipment. The equipment includes air-conditioning, warm-air heating and refrigeration equipment, air purification equipment and commercial and industrial fans and blowers. This equipment is sold to two primary markets: new construction and replacement and repair. As a result, demand for industry products is closely linked to the level of construction activity. Over the five years to 2017, industry revenue in Illinois is expected increase.Over the five years to 2022, industry revenue is expected to grow, albeit at a slower annualized rate.
Companies in this industry manufacture residential, commercial and industrial heating, ventilation, air conditioning and refrigeration (HVACR) equipment. Industry revenue includes miscellaneous receipts for the resale of products without further manufacturing, contract work done for others on respective items and acknowledgements for repair, scrap and refuse sales. Automotive units are excluded from this industry.
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.
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