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

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

poll Average industry growth 2014–2019: -1.3%

The Heating, Cooling and Ventilation Equipment Manufacturing industry has struggled over the past five years, despite growth in key markets. Greater import competition for industry goods has contributed to weaker demand for HVAC (heating, ventilation and air conditioning) equipment and other industry products manufactured locally. Lower-priced competing imports from Thailand, China, and Malaysia have put pressure on domestic companies to be more price competitive. Additionally, high-end imports from Japan, the United States and Italy have provided the industry with additional competition based on product quality and branding. Firms in the industry that manufacture customised heating, cooling and ventilation equipment have an advantage over competing...
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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 is anticipated to continue operating in a challenging environment over the next five years. High and increasing import competition will remain the industry's greatest threat, forcing enterprises out of the industry and causing revenue to decline. However, domestic demand is forecast to rise for a range of commercial HVAC equipment and refrigerated goods over the period. To counter rising foreign competition, industry firms are projected to focus more on export markets, and manufacturing specialised and customised industry goods. Continued import competition Competing imports are forecast to grow at an annualised X.X% over the five years through XXX-XX, to account for XX.X% of rev...
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Heating, Cooling and Ventilation Equipment Manufacturing industry statistics

  • attach_money Market Size: $265m
  • business Number of Businesses: 65
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 870

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 New Zealand industry include Temperzone Holdings Limited, Skope Industries Limited, Rheem New Zealand Limited and Holyoake GDP Limited.

  • pie_chart Temperzone Holdings Limited Market Share: x.x%
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  • pie_chart Skope Industries Limited Market Share: x.x%
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  • pie_chart Rheem New Zealand Limited Market Share: x.x%
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  • pie_chart Holyoake GDP Limited Market Share: x.x%
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What is Heating, Cooling and Ventilation Equipment Manufacturing industry?

Industry Definition

Industry operators primarily manufacture commercial and industrial HVAC (heating, ventilation and air conditioning equipment), including installed space heaters, refrigerated display counter products or vending machines, and specialised parts and components for industry goods. Firms that produce household or automotive air conditioning and refrigeration products are excluded from the industry.

Industry Products and Services

  • Commercial air conditioning equipment
  • Commercial refrigeration equipment
  • Commercial heating systems
  • Commercial ventilation systems
  • Other industry products

Industry Activities

  • Commercial and industrial HVAC equipment manufacturing
  • Air conditioning compressors and parts manufacturing (excluding motor vehicles)
  • Beverage cooling and dispensing equipment manufacturing
  • Cool room refrigeration plant manufacturing
  • Commercial 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

Industry operators primarily manufacture commercial and industrial HVAC (heating, ventilation and air conditioning equipment), including installed space heaters, refrigerated display counter products or vending machines, and specialised parts and components for industry goods. Firms that produce household or automotive air conditioning and refrigeration products are excluded from 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
  • Cool room refrigeration plant manufacturing
  • Commercial 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

Non-residential buildings, such as commercial, industrial, and institutional buildings, usually require a range of HVAC equipment to keep people comfortab...
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Demand from non-residential building construction
Demand from air conditioning and heating services
Demand from multi-unit apartment and townhouse construction
Trade-weighted index

Current Performance

Greater import competition
Revenue and profit
Enterprises and employment
 Chart: Revenue Growth

Industry Outlook

Mixed demand drivers
Future revenue falls
 Table: Heating, Cooling and Ventilation Equipment Manufacturing in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

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



Key Selling Industries

Polymer Film and Sheet Packaging Material Manufacturing in New Zealand
Metal and Mineral Wholesaling in New Zealand
Industrial and Mining Machinery Wholesaling in New Zealand




Products & Services

Companies in the industry manufacture a range of commercial HVAC and refrigeration products. The main product segments are heating equipment, commercial r...
Hospitality industries
Multi-unit apartment complexes
Government departments
Institutions and other sectors


Demand Determinants

A range of factors influence demand for heating, cooling, ventilation and other industry goods. Industry goods are required for new commercial sites, indu...
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Major Markets

Hospitality industries
Multi-unit apartment complexes
Government departments
Institutions and other sectors



 Chart: Major Market Segmentation for the Heating, Cooling and Ventilation Equipment Manufacturing in New Zealand - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

Concentration in the Heating, Cooling and Ventilation Equipment Manufacturing industry is currently moderate. The four largest firms in the industry are p...
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Key Success Factors

Cost Structure Benchmarks

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

Industry Globalization

Established in 1956 as Temperature Control Ltd, Temperzone Holdings Limited is headquartered in Auckland and has extensive operations locally and in Austr...
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Temperzone

 Table: Temperzone - financial performance

Skope

 Table: Skope - financial performance

Rheem

 Table: Rheem - financial performance

Holyoake

 Table: Holyoake - financial performance

Capital Intensity

Capital intensity is moderate across the Heating, Cooling and Ventilation Equipment Manufacturing industry. For each dollar required for labour inputs in ...
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 Chart: Level of Capital Intensity for the Heating, Cooling and Ventilation Equipment Manufacturing in New Zealand - 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 New Zealand Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

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, %

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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?

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

  • 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 New Zealand 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

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