Heating & Air Conditioning Wholesaling in the US
The Heating and Air Conditioning Wholesaling industry began to recover shortly after the US recession, as rising residential and commercial construction and private spending on home improvements largely drove demand for industry products. As the value of nonresidential construction has increased, demand from commercial building contractors has similarly followed. Over the five years to 2022, IBISWorld expects strong US employment and higher disposable incomes to boost homeowners' spending ability. This will lead to stronger demand for home improvements and increased housing starts, both of which entail increased spending on HVAC equipment.
Wholesalers in this industry engage in buying, selling and distributing heating, ventilation and air conditioning (HVAC) equipment. This industry excludes in-room and in-window air conditioners and hydronic equipment (see IBISWorld report 42372). Moreover, while installation is also excluded, service and repair work are part of this industry, accounting for less than 2.0% of industry revenue.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook