U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2030
Report Update: Apr 1, 2024

U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2030

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Article Publishing Date: Jun 22, 2016

Aair Conditioning Market - U.S. Imports of Commercial and Industrial Air-Conditioning, Air Heating, and Refrigeration Equipment Have Softened Their Growth, while Mexico Became the Leading Supplier

Photo: © anekoho / Bigstockphoto

The U.S. is the leader in imports on the global air conditioning market, accounting for a X% share (based on USD). It was followed by Germany (X%) and China (X%). In 2015, U.S. imports of air-conditioning, air heating, and refrigeration equipment totaled X million USD, which was X million USD (X%) higher than the year before.

From 2007 to 2015, U.S. imports showed mixed dynamics. A significant drop in 2009 was followed by steady growth over the next six years, with a deceleration in 2015. There was an annual increase of +X% throughout the period, since imports started an upward trend.

In 2011, U.S. imports of commercial and industrial air-conditioning, air heating, and refrigeration equipment surpassed the pre-recession level of 2007.

With imports growing rapidly in the recent years, the U.S. continues to be one of the biggest markets for global exporters.

Mexico, China, and Japan were the main suppliers of commercial and industrial air-conditioning, air heating, and refrigeration equipment into the U.S., with a combined share of X% of total U.S. imports in 2015. Mexico was the fastest growing supplier (+X% per year) from 2007 to 2015, while imports from China and Japan grew by +X% per year and +X% per year, respectively. Mexico significantly strengthened its position in the U.S. import structure, from X% in 2007 to X% in 2015. The shares of other major supplying countries remained relatively stable over the same period.

From 2007 to 2015, the U.S. was a net importer of commercial and industrial air-conditioning, air heating, and refrigeration equipment. Moreover, imports grew at a faster average rate than exports over the period under review.

After several fluctuations, U.S. trade deficit in this sector worsened over the period under review, growing from X million USD in 2007 to X million USD in 2015. The negative trend accelerated sharply in 2014, following rising imports.

Do you want to know more about the U.S. air conditioning market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • air conditioning market share
  • air conditioning prices
  • air conditioning industry
  • air conditioning sales
  • air conditioning market forecast
  • air conditioning price forecast
  • key air conditioning producers

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Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for air-conditioning, air heating equipment and refrigeration equipment in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 333415 - Air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing

Companies mentioned:

  • United Technologies Corporation
  • Ingersoll-Rand US Trane Holdings Corporation
  • SPX Corporation
  • Emerson Climate Technologies
  • Goodman Manufacturing Company
  • Lennox International
  • Carrier Corporation
  • Rheem Manufacturing Company
  • Hussmann International
  • Modine Manufacturing Company
  • Tecumseh Products Company
  • Standex International Corporation
  • Amsted Industries Incorporated
  • Nortek Global Hvac
  • York International Corporation
  • Nortek
  • Evapco
  • SPX Cooling Technologies
  • Air System Components
  • Lennox Industries
  • Connell Limited Partnership
  • Nortek Air Solutions
  • Air Distribution Technologies
  • Trane
  • Goodman Global Holdings
  • Pi. US Holding
  • Thermo King Corporation
  • Goodman Global
  • Trane U.S.
  • The Trane Company
  • Chill Holdings

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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