Industry Analysis & Industry Trends
During the recession, demand for heating, ventilation and air conditioning (HVAC) services suffered as downstream construction markets crashed, pushing industry revenue downward. However, HVAC franchises are anticipated to recover from the downturn in the next five-year period along with renewed construction activity, corporate profit and per capita disposable income. The federal and state governments will aid this recovery via tax credits for businesses and homeowners to use on energy-efficient system upgrades.... purchase to read more
Industry Report - Industry Products Chapter
The Heating, Ventilation and Air Conditioning (HVAC) Service Franchises industry repairs and installs HVAC systems for residential, commercial, industrial and municipal buildings. Industry franchises also provide these same services for refrigeration systems, such as those used in grocery stores and hospitals to store perishable food and medicine. In addition, this industry provides duct cleaning and other indoor air quality services.
HVAC repair and maintenance
The repair and maintenance of existing HVAC systems in homes and commercial buildings is the primary service provided by HVAC Service Franchises, accounting for an estimated 55.0% of industry revenue in 2014... purchase to read more