US HVAC equipment demand will rise 3.2 percent annually through 2011, driven mainly by robust growth in nonresidential construction and ongoing strength in residential replacement. Heat pumps are now the largest heating type and will continue to leads gains. Unitary air conditioners will remain the leading type of cooling equipment.
This study analyzes the $14.3 billion US HVAC equipment industry. It presents historical demand data for the years 1996, 2001 and 2006, and forecasts for 2011 and 2016 by fuel (e.g., electricity, natural gas, heating oil, geothermal); type (e.g., heat pumps, warm air furnaces, boilers, humidifiers, unitary air conditioners, room air conditioners, chillers, absorptive liquid chillers, dehumidifiers); and market (e.g., residential, nonresidential).
The study also considers market environment factors, evaluates company market share and profiles 30 major players including United Technologies, American Standard, Lennox International, Goodman Global Holdings, Johnson Controls, Paloma Industries, Nortek, Electrolux, Daikin, and LG Electronics.