Hi Report - "
HVACR Manufacturers Show Optimism for 2014."
Fig.1 Survey 1
Fig.2 Survey 2
In advance of the January ASHRAE/AHR Expo a survey was conducted of over 1000 HVACR manufacturers showing a high level of optimism.
79% of the respondents said their prospects for business were either "excellent" (19%) or "good" (60%) for the coming year.
The remaining 21% of the respondents felt prospects were "fair".
The enthusiasm was evident in respondents' outlook for next year with 90% forecasting an increase in sales and 10% indicating flat sales compared to this year. Interestingly, of the 1000+ responses, not one manufacturer forecast lower sales for 2014.
Regarding the industry categories where HVACR manufacturers see the best prospects for business, it was fairly evenly divided between "Maintenance/Replacement" (35%), "New Construction" (33%), and "Retrofit/Renovation" (32%).
In response to the question, "How important to your customers are the following", "Reliability" and "First Costs" ranked the highest.
However, reflecting the growing demand for "green" products and technologies, "Energy Efficiency" ranked third as "Very important" and "Sustainability" was fifth in overall importance.
"Energy efficiency" and "Sustainability" topics were also the most frequent responses to the question "What do you see as the most important trend or issue in the HVACR industry."
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View The Conducted Survey For Further Information by Downloading The One Page Document by Clicking Here.
