U.S. air conditioning market report
A proprietary report provides details about the United States' air conditioning market.
The value of the United States' central air conditioning unit systems market was $9.22 billion, or approximately 4.5 million units in 2010, according to a report available from companiesandmarkets.com. It is expected that by the end of 2011, these figures will reach 4.8 million units and $9.7 billion, growing 1.7% and 5% p/a respectively, between 2006 and 2015.
The U.S. central air conditioning market is predominantly reliant on the construction and development industry, and struggled through the global recession, as retrofit development projects and new building construction activities were postponed or cancelled.
Products in the U.S. central air conditioning systems market are expected to meet strict regulation and legislation requirements, with only the top quarter of models/systems awarded the U.S. government-backed Energy Star accreditation – a recognized energy-efficiency achievement that can differentiate a company in a competitive environment. Central air conditioning systems that receive an Energy Star can be up to twice as efficient as older units, thus reducing energy costs.
Growth in the American air conditioning market is anticipated to be driven by the government and consumer focus on energy reduction, the introduction of new technologies – particularly those focused on rapid cooling and low energy consumption.
The report entitled Central Air Conditioning Systems - A U.S. Market Overview discusses the competitive landscape of the industry, including the market and business trends that impact it. Regulations and legislation are also discussed in detail, as are mergers/acquisitions; new technologies and innovations, and plant production/capacity. The report also incorporates historic and forecast data between 2006 and 2015, split by segment and capacity.
The 198-page U.S. central air conditioning research report includes profiles of more than 80 industry participants including York, Trane, Carrier, McQuay, Goodman, Lennox, Rheem, and Nordyne, which are examined in detail.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.