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Thursday, 30 July 2015

Research on Global & US HVAC (Heating Ventilation and Air Conditioning) Industry, 2015 include new market research report"Research on Global & US HVAC (Heating Ventilation and Air Conditioning) Industry, 2015 " to its huge collection of research reports.

The global HVAC equipment market is positioned for another year of above-average growth, with a fundamental setup for the US that is the best in over 10 years. On this front, the stars aligning for residential on employment, lower gas, and higher consumer confidence, all on an easy weather comparison with better price/mix and lower raw materials costs, while commercial markets face a steady nonresidential recovery.

The underlying trends here are now firmly above the EE/MI sector average and, importantly, should be sustainable. From a macro perspective, the industry is mostly immune to concerns around currency-related competitive risks.

Potential upside from continued release of pent-up demand and an easy weather comp from a cool summer in 2014. While the pre-buy impact from 13 SEER should reduce reported AHRI volume numbers by 8% in 2015. 14 SEER is positive with less risk around share shift and a positive benefit to margins and sales from mix up, which comes, for some, on a similarly priced cost base.

US Commercial HVAC market remains a more straightforward call, where about 5% growth in 2015/16 based on an ongoing non-res construction recovery (6-7% growth) and stable 4% replacement. Ductless continues to be the talk of the industry, a market that could come to represent 15% of the industry for both residential (~10%) and commercial (~5%).

6 Research on HVAC Margins
Global HVAC Equipment Market Breakdown, 2014
Global HVAC Equipment Market Share, 2014
Global HVAC Equipment Sales, 1986-2016
HVAC OEM Announced Price Increases
Residential Unitary AC/Heat Pump Shipments, 2013-2014
Growth Rate of Windows Units by AHAM & AHRI, 2003-2014
Reported & Underlying Volume Growth Estimates, 2015-2016
Residential Unitary Shipments, 2014-2016
Market Share of Key Players across Various HVAC Market Segments, 2014

OEMs were able to realize solid pricing gains in 2014, with most companies announcing low- to mid-single- digit price increases for 2015.

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