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 Locations Chapter
The distribution of industry franchises closely follows that of population and economic activity; however, environmental factors, such as climate, also play a role. For example, homes, apartments and other buildings in southern states, such as Florida and Alabama, are more likely to be outfitted with air conditioning systems than northern states with cooler climates. Similarly, in areas of the country where it stays warm year-round, there is less of a need for central heating systems.
Accounting for 25.6% of heating, ventilation and air conditioning (HVAC) service franchises in 2014, the Southeast's share of industry activity closely follows that of its population share. The region houses more than a quarter of the US population... purchase to read more