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Heating & Air Conditioning Equipment Manufacturing in Connecticut

Author.Name IBISWorld United States Last Updated: April 2025 NAICS CT33341

Heating & Air Conditioning Equipment Manufacturing in Connecticut industry analysis

The Heating & Air Conditioning Equipment Manufacturing industry in Connecticut is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Heating & Air Conditioning Equipment Manufacturing in Connecticut Market Research Report

What’s Included in the Heating & Air Conditioning Equipment Manufacturing in Connecticut Market Research Report

Definition of the Heating & Air Conditioning Equipment Manufacturing in Connecticut?

Companies in this industry manufacture residential, commercial and industrial heating, ventilation, air conditioning and refrigeration (HVACR) equipment. Industry revenue includes miscellaneous receipts for the resale of products without further manufacturing, contract work done for others on respective items and acknowledgments for repair, scrap and refuse sales. Automotive units are excluded from this industry.

What’s included in the Heating & Air Conditioning Equipment Manufacturing in Connecticut?

The Heating & Air Conditioning Equipment Manufacturing in Connecticut includes manufacturing air conditioning, warm-air heating and refrigeration equipment, manufacturing heating equipment (except warm-air furnaces), generating receipts from resales and service work, manufacturing air purification equipment and manufacturing commercial and industrial fans and blowers. Related terms covered in the Heating & Air Conditioning Equipment Manufacturing in Connecticut industry report includes a common type of refrigerant used in air conditioning systems that is being phased out because it contributes to depleting the ozone layer, a type of cfc, known in the industry as hcfc-22, which is thought to be more environmentally friendly than other chemicals, but is currently being phased out and a chemical compound or coolant used to achieve low temperatures in air conditioning and refrigeration equipment.

Industry Performance of the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut

Benchmark the Heating & Air Conditioning Equipment Manufacturing in Connecticut industry performance with all CT county and national performance.

Heating & Air Conditioning Equipment Manufacturing in Connecticut

#36 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heating & Air Conditioning Equipment Manufacturing in the US


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 Equipment Manufacturing industry in Connecticut

See how key industry drivers, such as population, unemployment rate, median houshold income, value of private nonresidential construction, value of residential construction and per capita disposable income are impacting Heating & Air Conditioning Equipment Manufacturing in Connecticut

Connecticut Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in CT State Economic profile

US Key External Drivers

Value of private nonresidential construction
Value of residential construction
Per capita disposable income

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

County Data of the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut

Access proprietary data on county in the Heating & Air Conditioning Equipment Manufacturing in Connecticut, such as Hartford County, Middlesex County and New Haven County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut

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 Equipment Manufacturing industry in Connecticut in 2025?

The market size of the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut is $170.4m in 2025.

How many businesses are there in the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut in 2025?

There are 11 businesses in the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut, which has been declining at an average annual rate of -3.3% from 2020 to 2025.

Has the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut grown or declined over the past 5 years?

The market size of the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut has been growing at an average annual rate of 0.8% from 2020 to 2025.

How many employees in the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut in 2025?

There are 578 employees in the Heating & Air Conditioning Equipment Manufacturing industry in Connecticut, which has been growing at an average annual rate of 2.1% from 2020 to 2025.