Freedonia In The News
Article Title: US Demand for HVAC Equipment to Approach $17 Billion in 2015
Publication: impeller.net, 12/2/2011
Freedonia Study: HVAC Equipment (2813)
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Advances will be stimulated by growth in residential and many types of nonresidential construction spending from a low 2010 base. Rising interest in more energy-efficient HVAC systems, in part spurred by regulatory changes, will also support increased demand -- particularly in value terms given that more efficient systems and those using less environmentally harmful refrigerants are typically priced at a premium. Furthermore, public and private incentives will encourage owners to upgrade to models with efficiency ratings that are at or above ENERGY STAR levels. These and other trends are presented in HVAC Equipment, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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