Steam & Air-Conditioning Supply in the US - Industry Market Research Report

Steam & Air-Conditioning Supply in the US - Industry Market Research Report

  • May 2020 •
  • 36 pages •
  • Report ID: 1034397 •
  • Format: PDF
Picking up steam: Expanding construction activity continues to drive industry growth

Abstract

Steam & Air-Conditioning Supply in the US
The Steam and Air-Conditioning Supply industry, which comprises businesses that supply district energy for heating and cooling, has grown in line with increasing construction activity and strong demand from residential and commercial customers over the five years to 2019. Higher disposable income, corporate profit and industrial output have resulted in greater demand for air-conditioning and heating, particularly in urban areas. Industry performance will continue to depend on investment in utilities and aggregate construction levels over the five years to 2024. States and municipalities will likely invest in energy-cutting systems in an effort to meet internal targets and individualized state standards under the Clean Power Plan.

Operators in this industry supply district energy for heating and cooling. Typically, they generate hot and cold water or steam via closed mains systems to cool or heat commercial or residential buildings. Only companies whose primary operations involve steam and air-conditioning supply are included in the industry; large utility companies that provide steam and air-conditioning in addition to other more extensive operations are not included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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