Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report

Heating, Cooling and Ventilation Equipment Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 4.9%

The Heating, Cooling and Ventilation Equipment Manufacturing industry has benefited from increased non-residential, and multi-unit apartment and townhouse construction activity over the past five years. Industry revenue is projected to increase at an annualised 4.9% over the five years through 2018-19, to reach $1.9 billion. This includes an estimated 3.9% drop in the current year, due to a large fall in multi-unit and townhouse construction, and low demand from air conditioning and heating service providers. In contrast, industry revenue surged in 2014-15, due to high demand from commercial building construction and supermarkets. A spike in multi-unit apartment demand drove significant industry revenue growth in 2016-17. Environmental issues have i...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Heating, Cooling and Ventilation Equipment Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Heating, Cooling and Ventilation Equipment Manufacturing industry will continue to rely on demand from downstream non-residential building, and multi-unit apartment and townhouse construction markets over the next five years. Demand for commercial HVAC equipment from these markets is anticipated to grow steadily over the five years through XXX-XX. Demand for replacement equipment will also continue to support industry revenue. However, import competition will continue to erode profit margins over the period. Industry revenue is projected to increase at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Steady growth in domestic demand for industry products is anticipated to increase industry employment over the period....
lock
Purchase this report or a membership to unlock our full summary for this industry.

Heating, Cooling and Ventilation Equipment Manufacturing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 393
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 4,840

Biggest companies in the Heating, Cooling and Ventilation Equipment Manufacturing industry

The companies holding the largest market share in the Heating, Cooling and Ventilation Equipment Manufacturing in Australia industry include Daikin Australia Pty Ltd and Rheem Australia Pty Limited.

  • pie_chart Daikin Australia Pty Ltd Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Rheem Australia Pty Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Heating, Cooling and Ventilation Equipment Manufacturing industry?

Industry Definition

Companies in the industry manufacture commercial or industrial HVAC (heating, ventilation and air conditioning) equipment, including installed space heaters and refrigeration products. The air conditioning systems the industry manufactures are commercial strength and range from eight kilowatts to over 5,000 kilowatts. These exclude motor vehicle air conditioners. Firms that manufacture household and automotive air conditioning and heating units are not included in the industry.

Industry Products and Services

  • Commercial air conditioning units
  • Commercial refrigeration equipment
  • Commercial heating equipment
  • Commercial ventilation systems
  • Commercial reverse-cycle air conditioners

Industry Activities

  • Commercial and industrial HVAC equipment manufacturing
  • Air conditioning compressors and parts manufacturing (excluding motor vehicles)
  • Beverage cooling and dispensing equipment manufacturing
  • Coolroom refrigeration plant manufacturing
  • Refrigeration equipment manufacturing
  • Solar water heating system manufacturing
  • Space heating systems manufacturing
  • Refrigerated vending machine manufacturing
  • Water cooler manufacturing
  • Water heater manufacturing

Market research report - table of contents

Industry Definition

Companies in the industry manufacture commercial or industrial HVAC (heating, ventilation and air conditioning) equipment, including installed space heaters and refrigeration products. The air conditioning systems the industry manufactures are commercial strength and range from eight kilowatts to over 5,000 kilowatts. These exclude motor vehicle air conditioners. Firms that manufacture household and automotive air conditioning and heating units are not included in the industry.

Main Activities

  • Commercial and industrial HVAC equipment manufacturing
  • Air conditioning compressors and parts manufacturing (excluding motor vehicles)
  • Beverage cooling and dispensing equipment manufacturing
  • Coolroom refrigeration plant manufacturing
  • Refrigeration equipment manufacturing
  • Solar water heating system manufacturing
  • Space heating systems manufacturing
  • Refrigerated vending machine manufacturing
  • Water cooler manufacturing
  • Water heater manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Commercial, industrial and institutional building construction activity affects demand for industry products. Economic activity, employment and interest r...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Demand from non-residential building construction
Demand from air conditioning and heating services
Demand from multi-unit apartment and townhouse construction
Domestic price of iron and steel

Current Performance

Maintenance and climate change
International trade
Profit and establishments
 Chart: Revenue Growth

Industry Outlook

Energy efficiency
International trade
Profit and consolidation
 Table: Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Multi-Unit Apartment and Townhouse Construction in Australia
Air Conditioning and Heating Services in Australia
Commercial and Industrial Building Construction in Australia
Institutional Building Construction in Australia



Key Selling Industries

Iron Smelting and Steel Manufacturing in Australia
Iron and Steel Casting and Forging in Australia
Power Automation Products and Other Electrical Equipment Manufacturing in Australia




Products & Services

Industry firms primarily manufacture a range of cooling, heating and other products. These include commercial air conditioning units, heating systems, ven...
Retail and wholesale buildings
Multi-unit apartment buildings
Educational buildings
Office buildings
Warehouses and factories
Other industrial buildings
Hospitals and other medical centres

Demand Determinants

Demand for commercial space heating and cooling equipment is driven by several factors, including replacement, retrofit, building expansion, industrial pr...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Retail and wholesale buildings
Multi-unit apartment buildings
Educational buildings
Office buildings
Warehouses and factories
Other industrial buildings
Hospitals and other medical centres
 Chart: Major Market Segmentation for the Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has a low concentration level, with the four largest operators estimated to account for almost 28% of industry revenue in 2018-19. Industry c...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report Industry

Industry Globalization

Daikin Australia Pty Ltd is a wholly owned subsidiary of Japan-based Daikin Industries Ltd. The parent company supplies air conditioners, container refrig...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

Daikin Australia

 Table: Daikin Australia - financial performance

Rheem

 Table: Rheem - financial performance

Capital Intensity

The industry is moderately capital-intensive, with high labour costs and medium capital requirements for plant and machinery to manufacture goods. For eac...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Heating, Cooling and Ventilation Equipment Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Heating, Cooling and Ventilation Equipment Manufacturing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

COMPRESSOR

CONDENSER

EER

EVAPORATOR

HCFC

HVAC

MEPS

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Heating, Cooling and Ventilation Equipment Manufacturing industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Heating, Cooling and Ventilation Equipment Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Heating, Cooling and Ventilation Equipment Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Heating, Cooling and Ventilation Equipment Manufacturing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear