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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 | Jun 2013

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

IBISWorld’s Heating & Air Conditioning Equipment Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-9.2%
Annual Growth 13-18
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Profit
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Employment
12,801
Businesses
647
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 Analysis Chapter

The Heating and Air Conditioning Equipment Manufacturing industry manufactures heating equipment, commercial refrigeration equipment, air conditioners, commercial and industrial fans, blowers, air purification equipment and electric and non-electric heating and refrigeration equipment. Collectively, these goods are known as HVACR equipment. Marine and motor vehicle systems are excluded, as are industrial process furnaces and small household appliances. Heating and commercial refrigeration equipment dominates as a share of revenue, and, as with most Canadian manufacturing industries, exports of these goods to US building markets form a crucial component of revenue... 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 non-electric 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 equipment manufacturingIndustrial and commercial fan, blower and air-purification equipment
 
Industry Activities
Manufacturing heating and commercial refrigeration equipmentManufacturing industrial and commercial fans, blowers and air purification equipment


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