Heating & Air-Conditioning Contractors in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Heating & Air-Conditioning Contractors Market Research Report | NAICS 23822a | Jul 2015

High airflow: Renewed construction activity and the move toward energy efficiency will increase revenue

IBISWorld’s Heating & Air-Conditioning Contractors market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
Add to Cart
Add to Cart
Industry Analysis & Industry Trends

Similar to most industries within the construction sector, the Heating and Air-Conditioning Contractors industry has been quite volatile over the past five years. Moreover, demand for heating, ventilation and air conditioning (HVAC) services is projected to heat up over the next five years. Pent-up demand across the construction sectors, which began to slack quickly in 2012 and 2013, is forecast to boost demand for new HVAC installations, the industry's primary service segment. Improving per capita disposable income and the growing popularity of energy efficient systems that also lower operating costs for businesses and households will drive demand for installations in existing structures... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Heating and Air-Conditioning Contractors industry has a low level of concentration, as no industry firm accounts for more than 5.0% of total industry revenue. The majority of industry operators are smaller firms that specialize in specific regions or kinds of HVAC systems. According to the US Census and IBISWorld estimates, 62.4% of enterprises in the industry employ one to four people. Conversely, only 1.1% of firms employ 100 or more people. About 16.0% of HVAC contractors are self-employed, according to the Bureau of Labor Statistics Occupational Handbook.

The industry's low concentration will likely continue in the five years to 2020... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Heating & Air-Conditioning Contractors Industry?

This industry comprises companies that primarily install and service heating, ventilation, air-conditioning (HVAC) and refrigeration equipment. Operators perform tasks that include new installations, additions, alterations, maintenance and repairs. Plumbing and related activities are not included in this report (IBISWorld report 23822b).

Industry Products
New construction HVAC installationsExisting structure HVAC installations (i.e. replacements)HVAC maintenance and repairsRefrigeration system installations, maintenance and repairs
Industry Activities
Air conditioning system installation (except window units)Air vent installationFurnace conversions (i.e. from one fuel to another)Refrigeration system (e.g. commercial, industrial or scientific) installation Heating, ventilation and air conditioning (HVAC) contractorsFurnace humidifier installationNatural gas fireplace installationDuct work (e.g. cooling, dust collection, exhaust, heating and ventilation) installationVentilation equipment installationHeating and ventilation system component (e.g. air registers, diffusers, and filters) installation

View Sample
Select Clients