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.
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.