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 SWOT Analysis Chapter
The Heating and Air Conditioning Wholesaling industry is in the mature stage of its life cycle. Industry value added (IVA), which measures the industry's overall contribution to the economy, is forecast to grow at an annualized rate of 5.9% during the 10 years to 2020. In comparison, GDP is expected to increase at an annualized rate of 2.2% over the same period. Normally, a faster IVA rate indicates that an industry in its growth phase. However, there are other indicators that suggest this industry is in its mature phase.
The industry is well accepted by its primary downstream markets, and demand is largely driven by residential and nonresidential construction... purchase to read more