Industry Analysis & Industry Trends
Tight corporate profit and disposable income, which reduced spending from current customers on air-conditioning and heating, and low construction levels, which reduced new demand for the industry, constrained industry growth early in the last five years. As the construction of large apartment blocks, office buildings and shopping centers continues to increase in the five years to 2019, demand for the industry will grow. In all, industry revenue is anticipated to increase in the next five years... purchase to read more
Industry Report - Industry Locations Chapter
Business locations are primarily based on a regions climate (either excessively cold or hot and humid) and proximity to major population centers; steam, and hot and cold water used for heating and air-conditioning cannot be transported long distances, making proximity to densely populated areas one of the most important factors determining establishment location. Proximity to cities allows easy access to a high number of customers, including institutions and commercial buildings.
The Mid-Atlantic is the most densely populated region in the United States; as such, this region contains about 25.0% of all industry establishments. Both New York and Philadelphia have extensive district energy systems, contributing to the regions high number of industry establishments... purchase to read more