The U.S. is the leader in global imports of commercial and industrial air-conditioning, air heating, and refrigeration equipment, accounting for a 15% share (based on USD). It was followed by Germany (7%) and China (7%). In 2015, U.S. imports of air-conditioning, air heating, and refrigeration equipment totaled 15,435 million USD, which was 204 million USD (1%) 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 +11.7% 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 69% of total U.S. imports in 2015. Mexico was the fastest growing supplier (+8.6% per year) from 2007 to 2015, while imports from China and Japan grew by +5.8% per year and +4.1% per year, respectively. Mexico significantly strengthened its position in the U.S. import structure, from 28% in 2007 to 36% 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 2,349 million USD in 2007 to 5,517 million USD in 2015. The negative trend accelerated sharply in 2014, following rising imports.
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“U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. market for commercial and industrial air-conditioning, air heating, and refrigeration equipment. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Heat transfer equipment (excluding electrically operated dehumidifiers), mechanically refrigerated, self-contained, excluding motor vehicle mechanical air-conditioning systems; Commercial refrigerators and related equipment; Refrigeration condensing units, all refrigerants, excluding ammonia (complete); Room air conditioners and dehumidifiers, excluding portable dehumidifiers; All other miscellaneous refrigeration and air-conditioning equipment; Compressors and compressor units, all refrigerants, excluding automotive; Warm air furnaces, including duct furnaces and humidifiers, and electric comfort heating; Parts and accessories for air-conditioning and heat transfer equipment; Unitary air conditioners, excluding air source heat pumps; Air-source heat pumps, excluding room air conditionersGround and ground water source heat pumps (single and split systems); Air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing, nsk, total
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
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES
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