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Heating & Air Conditioning Equipment Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Heating & Air Conditioning Equipment Manufacturing in Canada Market Research Report | NAICS 33341CA | Jul 2014

Frigid future: The industry will continue to shrink as import penetration increases

IBISWorld’s Heating & Air Conditioning Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
-1.5%
Annual Growth 14-19
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Profit
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Employment
13,751
Businesses
509
Industry Analysis & Industry Trends

Industry participants have suffered in the past five years as imports as a share of domestic demand have risen. Canadian operators were forced to compete with these imports on price, which pressured industry profitability. Furthermore, the US housing crisis decimated export demand from commercial and residential building markets. As the industry struggles amid an ongoing decline phase, revenue will likely continue to dwindle as the realities of the global economy make large-scale Canadian-based production of HVACR goods uneconomical... purchase to read more

Industry Report - Industry Products Chapter

Air-conditioning, warm-air heating, and refrigeration equipment

The heating and commercial refrigeration equipment segment is the dominant industry product segment accounting for an expected 68.5% of industry revenue in 2014. This has been the case for the past decade, as this segment not only contains more products, but also more high-value products relative to the fan, blower and air-purification equipment segment. Products include air-conditioning equipment (except motor vehicle), cooling towers, dehumidifiers (except portable), refrigerated drinking fountains, furnaces, heat pumps, industrial and commercial refrigeration equipment including counters and display cases, solar energy heating equipment (e.g. panels and mirrors) and water coolers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Heating & Air Conditioning Equipment Manufacturing Industry?

This industry manufactures heating equipment, commercial refrigeration equipment, air conditioners, commercial and industrial fans, blowers, air purification equipment, and electric and nonelectric heating and refrigeration equipment. Marine and motor vehicle systems are excluded, as are industrial process furnaces and small household appliances.

Industry Products
Heating and commercial refrigeration equipmentHeating equipment (excluding warm-air furnaces)Air-purification equipmentIndustrial and commercial fans and blowers Miscellaneous receipts
 
Industry Activities
Manufacturing air-conditioning, warm-air heating and refrigeration equipmentManufacturing heating equipment (except warm-air furnaces)Manufacturing commercial and industrial fans and blowersManufacturing air purification equipment


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