Market Research Report
US Heating 2018
|Published by||BRG Building Solutions||Product code||662750|
|Published||Content info||242 Pages
Delivery time: 1-2 business days
|US Heating 2018|
|Published: May 31, 2018||Content info: 242 Pages||
This report provides an in-depth analysis of the US heating market including the monitoring of recent trend patterns and demand drivers, plus substantiated volume forecasts for the next 5 years.
The HVAC industry in the US has recovering from the 2007 housing collapse and global recession, with most product markets now at pre-recession sales levels. Many consumers are still concerned with value and this continues to translate into sales of less expensive products. However, high efficiency products continue to slowly gain share as legislation now requires certain SEER levels. New product designs and technological developments are generally slow to be accepted in the US market, but legislation helps speed the process along by forcing installers and end users to become familiar with the new products. Furthermore, more “green” legislation is expected in the future that will favour higher efficiency products.
In 2017, the United States had two large, devastating hurricanes. 2018 is expected to be a good year for construction, especially around Houston, TX, and in Florida as these states rebuild. Skilled labor shortages are also affecting parts of the country.
The US is predominantly a forced air market for both heating and cooling; this trend is not expected to reverse anytime in the future. However, electric air to air heat pumps are taking share from forced air natural gas burning furnaces for heating.
This report focuses on the following product categories: