Skilled Trades

HVAC Equipment Expected to Rise to $17 Billion in 2015

Skilled TradesApril 29, 2015

HVAC to Become a Big Business in the U.S. This year

Sales and servicing of heating, ventilation and air conditioning (HVAC) units has become a major economic force in the United States. According to an article in the Air Conditioning, Heating, Refrigeration News, demand for HVAC equipment is expected to rise to nearly $17 billion this year. The study, conducted by The Freedonia Group, an industry market research company, forecasts advances will result from increased spending for residential and non-residential construction, as well as heightened interest in producing more energy-efficient HVACR systems. Additionally, efficiency rating incentives will spur growth among consumers. According to the Freedonia Group’s survey, heat pumps began accounting for the single largest share of heating equipment demand in 2010, and they’ve been gaining market share at the expense of less-efficient equipment ever since.

HVAC Supply to Evolving to Meet Growing Demand

To keep pace with demand for this new technology and equipment, HVAC companies and repair specialists must learn to adapt to changing industry regulations, and how to work with new-age equipment. HVAC training programs offered by Fortis campuses include training in the computerized diagnostics that enable graduates to service and repair today’s complex HVACR systems – whether for residential or commercial use. In an era when computers rule – but most of us don’t have the technical expertise to troubleshoot or fix the equipment upon which we rely, skilled trades professionals, such as HVAC specialists, typically are in high demand. For those people who enjoy problem-solving while working with their hands, a career as an HVAC technician can be a rewarding profession. To learn more about what it takes to become an HVAC technician and whether that’s a good career path for you, visit www.fortis.edu to find the program location nearest you.