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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 | Feb 2016

Warm up: Rising construction markets will aid growth, but the industry's trade deficit will remain high

IBISWorld’s Heating & Air Conditioning Equipment Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
4.9%
Annual Growth 16-21
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Profit
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Employment
13,658
Businesses
677
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 Locations Chapter

Ontario and Quebec dominate in terms of establishment concentration, accounting for an expected 48.1% and 21.8% of total industry establishments in 2016. These locations benefit from high population densities, with close proximity to residential and commercial downstream markets, as combined these regions account for more than 50.0% of Canada's population. In addition, these provinces have a high concentration of businesses. In the past five years, the Heating and Air Conditioning Equipment Manufacturing industry has benefited from a rise in office construction for the financial, health and technology sectors. Last, Ontario and Quebec have abundant natural resources, facilitating easy access to vital raw materials essential for the production of industry-related products... 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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