Cold front: Rising demand from residential and nonresidential construction markets will boost industry growth

The Heating and Air-Conditioning Contractors industry in Georgia has exhibited a strong turnaround over the five years to 2018. The industry has benefited from a rebound in construction activity during the five-year period, with the state experiencing above-average growth in both residential and nonresidential markets. The industry generates the majority of revenue from heating, ventilation and air-conditioning (HVAC) installations in existing residential and nonresidential structures. Maintaining, monitoring and repairing existing equipment also generates a significant share of revenue, lending stability to the industry when construction markets are volatile...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
6.2%
Forecast Growth 18-23
Profit
Employment
18,800
Businesses
5,184

Industry Threats & Opportunities

  • Rising demand from residential and nonresidential construction markets is expected to support industry growth
  • Additional Insights for the Heating & Air-Conditioning Contractors in Georgia Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Heating & Air-Conditioning Contractors in Georgia Industry are

  • Having a good reputation
  • Management of seasonal production
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Housing starts in Georgia and Per capita disposable income in Georgia in the Heating & Air-Conditioning Contractors in Georgia industry impact industry performance..

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    What's in this report

    What is the Heating & Air-Conditioning Contractors in Georgia Industry?

    This industry comprises companies that primarily install and service heating, ventilation, air-conditioning (HVAC) and refrigeration equipment. Operators perform tasks that include new installations, additions, alterations, maintenance and repairs. Plumbing and related activities are not included in this report (IBISWorld report 23822b).

    Industry Products
  • Existing structure HVAC installation and maintenance contractor
  • New construction HVAC installation contractor
  • Refrigeration contractor
  • Other piping and duct work contractor
  • Industry Activities
  • 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
  • Heating and ventilation system component (e.g. air registers, diffusers, and filters) installation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing starts in Georgia
  • Per capita disposable income in Georgia
  • Value of private nonresidential construction in Georgia
  • Value of private residential construction in Georgia

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Heating & Air-Conditioning Contractors in Georgia Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Refrigerated Storage
  • Property Management
  • Commercial Building Construction
  • Municipal Building Construction
  • Consumers

  • Key Selling Industries
  • Electricians
  • Heating & Air Conditioning Wholesaling
  • Refrigeration Equipment Wholesaling

  • Products & Services
  • Existing structure HVAC installation and maintenance contractor
  • New construction HVAC installation contractor
  • Refrigeration contractor
  • Other piping and duct work contractor
  • Chart: Heating & Air-Conditioning Contractors in Georgia Industry Products and Services Segmentation

  • Major Markets
  • Single-family homes
  • Commercial buildings
  • Municipal buildings
  • Manufacturing and industrial buildings
  • Apartment buildings, dormitories and barracks
  • Other
  • Chart: Major Market Segmentation for the Heating & Air-Conditioning Contractors in Georgia Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Heating & Air-Conditioning Contractors in Georgia

  • Basis of Competition
    Barriers to Entry
    Comfort Systems USA Inc., EMCOR Group Inc., Empire Heating & Air Conditioning Inc., One Hour Heating & Air Conditioning,
  • Table: Comfort Systems USA Inc. - financial performance
  • Table: EMCOR Group Inc. - financial performance
  • Table: Empire Heating & Air Conditioning Inc. - financial performance
  • Table: One Hour Heating & Air Conditioning - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Heating & Air-Conditioning Contractors in Georgia Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Heating & Air-Conditioning Contractors in Georgia Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Housing Starts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Heating, Ventilation And Air-Conditioning (Hvac)
  • A system used to control the temperature, humidity and air quality in buildings.
  • Leadership In Energy And Environmental Design (Lee
  • An environmental building certificate program that was established under the US Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Nonemployer
  • An establishment without payroll employees, typically a sole proprietorship or partnership.
  • Refrigeration
  • A system used to store perishable items, such as food, medicine and chemicals.
  • Seasonal Energy Efficiency Ratio (Seer)
  • Rating system that measures efficiency of HVAC systems. Calculated by dividing cooling output for a typical system by total electric energy input for a given period. Higher ratings best.
  • What Our Customers Say

    Why buy this report?

    The Heating & Air-Conditioning Contractors in Georgia industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
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    This report on Heating & Air-Conditioning Contractors in Georgia:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Heating & Air-Conditioning Contractors in Georgia market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Heating & Air-Conditioning Contractors in Georgia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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