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HVAC Service Franchises in the US: Market Research Report

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

HVAC Service Franchises Market Research Report | Business Franchises | Repair & Remodeling Franchises | Jul 2014

Heating up: Demand for HVAC services will rise along with construction market recovery

The HVAC Service Franchises market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
One Hour Heating & Air Conditioning One Hour Heating & Air Conditioning market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
3.6%
Annual Growth 14-19
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Profit
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Employment
8,073
Businesses
1,814
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 Investment Chapter

This industry has a low level of capital intensity; HVAC installation, repair and maintenance services rely primarily on labor. In 2014, IBISWorld estimates that for every dollar spent on labor, HVAC franchises spend $0.07 on capital. Franchisees typically employ HVAC specialists, technicians, apprentices and engineers. HVAC technicians need to complete training and certification at vocational schools or community colleges, which take between six months to two years to complete. They also often complete a two- to six-month apprenticeship. As a result, industry franchises pay relatively high wages for skilled labor. On the other hand, transportation vehicles are the only costly capital investment. Tools and safety equipment are cheap to obtain, while office facilities can be rented... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the HVAC Service Franchises Industry?

This industry operates franchised businesses that provide heating, ventilation and air-conditioning services to both residential and commercial customers. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.

Industry Products
HVAC maintenance and repairsIndoor air quality servicesHVAC installation
 
Industry Activities
HVAC maintenance and repairsIndoor air quality servicesHVAC installation


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