Subdued investment in new building following the global financial crisis has been the key factor constraining demand for the Air Conditioning and Heating Services industry over the past five years. Demand for equipment installation in new commercial buildings and single-unit housing has been particularly weak. However, some contractors have benefited from unprecedented investment in the resources and infrastructure markets and the apartment construction market. Fortunately, the industry's revenue base has been stabilised by demand from long-term asset management contracts in the non-residential building market, particularly equipment monitoring, maintenance and repair.
Contractors and firms in this industry install household, industrial and commercial heating, refrigeration and air conditioning equipment. They also install air conditioning duct work.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.