HVAC demand grows
The Freedonia Group sees a 4.5% increase in HVAC demand each year over the next 5 years.
This study from the Freedonia Group analyzes the U.S. HVAC equipment industry. It presents historical demand data for the years 1998, 2003, and 2008, and forecasts for 2013 and 2018 by fuel (e.g., electricity, natural gas, heating oil, geothermal), type (e.g., heat pumps, warm air furnaces, boilers, humidifiers, unitary air conditioners, room air conditioners, chillers, absorption liquid chillers, dehumidifiers), and market (e.g., residential, nonresidential). The study also considers market environment factors, evaluates company market share, and profiles industry players.
To order this study, visit the Freedonia Group website.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey