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 | Feb 2015

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

IBISWorld’s Heating & Air Conditioning Equipment Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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. Going forward, industry revenue is expected to expand slowly. Weak growth in the Canadian dollar will enable industry exports to perform slightly better compared with imports. However, the industry's trade gap will remain high, limiting revenue growth... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital intensity is low for this industry. Using wages as a proxy for labour and depreciation as a proxy for capital, for every dollar spent on labour in 2015, an estimated $0.09 is spent on capital. Meanwhile, in 2015, wages are estimated to account for about 21.6% of total industry revenue.

Research and development in this industry is moderate, therefore capital expenditure is carried out mostly to improve manufacturing productivity, reduce costs and provide environmental enhancements to machinery. High initial capital costs are associated with the construction and development of specialized plants and machinery. Purchasing costs in this industry can also be quite considerable... 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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