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Heating & Air-Conditioning Contractors in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE23822aCA

Heating & Air-Conditioning Contractors in Prince Edward Island industry analysis

Revenue for the Heating & Air-Conditioning Contractors industry in Prince Edward Island is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Heating & Air-Conditioning Contractors in Prince Edward Island Market Research Report

What’s Included in the Heating & Air-Conditioning Contractors in Prince Edward Island Market Research Report

Definition of the Heating & Air-Conditioning Contractors in Prince Edward Island?

This industry installs and services heating, ventilation, air-conditioning and refrigeration equipment. The work performed includes new installations, additions, alterations, maintenance and repairs. Plumbing-related information is not covered in this report, but is instead covered in the Plumbing industry in Canada report (IBISWorld report 23822bCA).

What’s included in the Heating & Air-Conditioning Contractors in Prince Edward Island?

The Heating & Air-Conditioning Contractors in Prince Edward Island includes air-conditioning system installation, except window units, air vent installation, furnace conversions (i.e. from one fuel to another), refrigeration system (e.g. commercial, industrial or scientific) installation, heating, ventilation and air-conditioning (hvac) contractors, furnace humidifier installation, natural gas fireplace installation, duct work (e.g. cooling, dust collection, exhaust, heating and ventilation) installation, ventilation equipment installation and heating and ventilation system component (e.g. air registers, diffusers and filters) installation. Related terms covered in the Heating & Air-Conditioning Contractors in Prince Edward Island industry report includes a system used to control the temperature, humidity and air quality in buildings, a system used to store perishable items, such as food, medicine and chemicals and an establishment without payroll employees, typically a sole proprietorship or partnership.

Industry Performance of the Heating & Air-Conditioning Contractors industry in Prince Edward Island

Benchmark the Heating & Air-Conditioning Contractors in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Heating & Air-Conditioning Contractors in Prince Edward Island

#10 in Highest Revenue 0.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heating & Air-Conditioning Contractors in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Heating & Air-Conditioning Contractors industry in Prince Edward Island

See how key industry drivers, such as median houshold income, gross domestic product, newly issued building permits, housing starts, value of nonresidential construction and per capita disposable income are impacting Heating & Air-Conditioning Contractors in Prince Edward Island

Prince Edward Island Economic Indicators

Median Houshold Income
Gross Domestic Product
Newly issued building permits

View more economic information in PE State Economic profile

Canada Key External Drivers

Housing starts
Value of nonresidential construction
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Heating & Air-Conditioning Contractors industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Heating & Air-Conditioning Contractors in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Heating & Air-Conditioning Contractors industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Heating & Air-Conditioning Contractors industry in Prince Edward Island in 2025?

The market size of the Heating & Air-Conditioning Contractors industry in Prince Edward Island is $91.9m in 2025.

How many businesses are there in the Heating & Air-Conditioning Contractors industry in Prince Edward Island in 2025?

There are 81 businesses in the Heating & Air-Conditioning Contractors industry in Prince Edward Island, which has been growing at an average annual rate of 4.2% from 2020 to 2025.

Has the Heating & Air-Conditioning Contractors industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Heating & Air-Conditioning Contractors industry in Prince Edward Island has been growing at an average annual rate of 3.0% from 2020 to 2025.

How many employees in the Heating & Air-Conditioning Contractors industry in Prince Edward Island in 2025?

There are 392 employees in the Heating & Air-Conditioning Contractors industry in Prince Edward Island, which has been growing at an average annual rate of 5.6% from 2020 to 2025.