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 nonelectric heating and refrigeration equipment. Collectively, these goods are known as heating, ventilation, air conditioning and refrigeration (HVACR) equipment.
Residential and commercial construction largely drives demand for HVACR equipment, as these units are common in new homes and commercial venues... purchase to read more