Heating & Air Conditioning Wholesaling in the US
The Heating and Air Conditioning Wholesaling industry contracted slightly over the five years to 2019. Despite substantial growth in housing starts, nonresidential construction and private spending on home improvements, higher mortgage interest rates are expected to deter new home purchases and subsequent heating, ventilation and air conditioning (HVAC) installations over the five years to 2019. However, industry profit is expected to increase during the period due to a slight decline in purchase costs. The enforcement of several newer environmental regulations is also expected to aid industry growth.
Wholesalers in this industry engage in buying, selling and distributing heating, ventilation and air conditioning equipment. This industry excludes in-room and in-window air conditioners and hydronic equipment (see IBISWorld report 42372). Installation is also excluded, but service and repair work are part of this industry, though they account for less than 2.0% of 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