Industry Analysis & Industry Trends
The Heating and Air Conditioning Wholesaling industry heavily depends on the level of building activity in the residential, commercial and industrial construction sectors. Construction in the residential market bottomed out in 2009 and rebounded slowly in 2010. Consequently, industry revenue has been volatile over the past five years, largely due to declines in residential and commercial construction and private spending on home improvements. The industry is expected to improve over the next five years, in line with the recovering economy. Strength in the residential construction market, steady demand growth from commercial building construction and an increase in private spending on home improvements will lead to more heating and air conditioning equipment purchases... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments are concentrated in the Southeast, with an expected 33.5% of all US establishments located in the region. This geographic distribution is consistent with the regions high share of the US population and warmer climate. In general, more populated regions have a greater demand for construction, in turn, increasing wholesale demand.
By state, Texas (9.5%), Florida (8.1%) and California (7.8%) account for the greatest proportion of company locations overall. Areas with warmer climates have a higher demand for air-conditioning equipment and therefore wholesaling establishments are located in those regions. More than half of the industry's wholesalers also manufacturer heating, ventilation and air conditioning equipment... purchase to read more