Industry Analysis & Industry Trends
The Heating and Air Conditioning Wholesaling industry depends heavily on the level of building activity in the residential, commercial and industrial construction sectors. Construction in the residential market bottomed out in 2009 and rebounded slowly in 2010. Consequently, industry has been volatile over the past five years, largely due to declines in residential and commercial construction and private spending on home improvements. The industry is expected to improve during the next five years, in line with the recovering economy. Strength in the residential construction market, steady demand growth from commercial building construction and an increase in private spending on home improvements will lead to more heating and air conditioning equipment purchases... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Heating and Air Conditioning Wholesaling industry exhibits a low level of concentration: IBISWorld estimates that the industry's top companies account for less than 20.0% of industry revenue in 2014. The industry comprises both large and small establishments: 33.5% of industry establishments have fewer than 20 employees, while 48.9% have more than 100 employees.
Many manufacturers, particularly the largest players, also distribute goods. When manufacturers undertake wholesaling functions themselves, independent wholesalers get bypassed in the process. Industry concentration has increased because the major players have gained market share through this bypassing trend... purchase to read more