US HVAC Industry to Continue its Recovery, Says Chisult Insight in Its Report Available at MarketPublishers.com18 Jul 2016 • by Natalie Aster
LONDON – At present, the US HVAC industry is on the path of recovery given a range of factors as technology innovations around controls and compressors, solid discipline around price, and more.
In the residential field, outsized volume growth is expected to take place due to such factors as a low level of unemployment and prices for gas, and more.
In the commercial field, non-residential construction is set to continue experiencing recovery, and there is some room to run.
Replacement rates have been showing a steady raise over the recent years in the wake of historically low levels. They are currently accelerating and may reach the historical ranges’ high end.
The HVAC marketplace in the USA is expected to grow by 11% in 2016 and by 5% in 2017.
At present, non-residential construction shows recovery at a 5% rate, and growth in the replacement segment is estimated at 3%.
In 2015, there was strong recovery in the non-residential construction field, but there is expected to be slowdown in 2016.
In 2015, a price was solid, and it is forecast to remain so in the upcoming years, and most player announce steady increases in their pricing.
A large number of OEMs can now boast new capabilities, and the inverter technology forms one more key strategic theme.
Topical research report “Global and US HVAC (Heating, Ventilation and Air Conditioning) Market Research Report, 2016-2017” developed by Chisult Insight Co., Limited offers an up-close look at global HVAC and US markets. The study starts with an insightful overview of the VAC technology. It contains a detailed overview of the global HVAC marketplace, and covers both commercial and residential fields.
The report pays special attention to performance of the US marketplace. The research study limelights the competitive environment and analyzes sub-markets. Data on major players and future outlook through 2017 can be found in the research report, too.
More in-demand studies by our partner are available at its page.