Industry Analysis & Industry Trends
The Heating and Air-Conditioning Contractors industry is heavily influenced by activity in the construction market, with the majority of income generated from heating, ventilation and air-conditioning (HVAC) installations in new residential and nonresidential structures. Over the past five years, the rebound of the housing market, along with an increase in economic activity, caused new construction to start picking up in 2011. Nonresidential building construction activity also increased as consumer spending and corporate profit caused an expansion in the business sector... purchase to read more
Industry Report - Starting a New Business Chapter
The Heating and Air-Conditioning Contractors industry is characterized by moderate barriers to entry. Barriers include completing an apprenticeship and gaining a license, facing intense competition from established industry contractors in local areas, as well as establishing working relationships with property managers, general contractors and local retailers.
The increasing complexity of HVAC and refrigeration systems has led employers and clients to prefer technicians with postsecondary or formal apprenticeship training. Trade schools and community colleges typically offer 6-month certificates and two-year associate's degree programs tailored to industry work. For the most part, on-the-job training has become less common... purchase to read more