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
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