We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2030
Report Update: Apr 10, 2024

U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2030

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States - 2023

Contents:

  1. Price for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (CIF) - 2023
  2. Price for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (FOB) - 2023
  3. Imports of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States
  4. Exports of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States

Price for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (CIF) - 2023

The average import price for air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) stood at $14.3 per unit in November 2023, rising by 2.1% against the previous month. Overall, the import price continues to indicate a slight increase. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 6.9% against the previous month. Over the period under review, average import prices attained the maximum in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($23.2 per unit), while the price for Japan ($7.3 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (FOB) - 2023

The average export price for air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) stood at $59.9 per unit in November 2023, rising by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($111 per unit), while the average price for exports to China ($30.1 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States

In 2022, the amount of air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) imported into the United States surged to 1.3B units, with an increase of 25% compared with the previous year's figure. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 978% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) soared to $17.8B in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4.94.85.87.314.2%
China3.43.24.24.49.0%
Thailand0.50.71.21.750.4%
Canada0.70.80.91.012.6%
Japan0.60.50.60.75.3%
South Korea0.50.40.50.66.3%
Malaysia0.10.10.10.226.0%
Others1.31.32.11.913.5%
Total12.011.715.417.814.0%

Top Suppliers of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment to the United States in 2022:

  1. Mexico (520.4M units)
  2. China (308.7M units)
  3. Thailand (183.1M units)
  4. Japan (107.5M units)
  5. Canada (51.6M units)
  6. South Korea (36.7M units)
  7. Malaysia (23.6M units)

Exports of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States

In 2022, exports of air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) from the United States soared to 126M units, surging by 16% compared with the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,607%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of air-conditioning, air heating equipment and refrigeration equipment (commercial and industrial) soared to $6.1B in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Air-Conditioning, Air Heating Equipment and Refrigeration Equipment in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2,0931,8482,1472,4635.6%
Mexico1,1169541,2311,55311.6%
United Kingdom223148198202-3.2%
Germany1041051231266.6%
China15412911098.2-13.9%
United Arab Emirates11786.861.881.4-11.4%
Others1,6701,4661,4091,592-1.6%
Total5,4774,7365,2806,1153.7%

Top Export Markets for Air-Conditioning, Air Heating Equipment and Refrigeration Equipment from the United States in 2022:

  1. Canada (58.9M units)
  2. Mexico (34.3M units)
  3. Germany (3.1M units)
  4. China (2.4M units)
  5. United Arab Emirates (2.1M units)
  6. United Kingdom (2.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for air-conditioning, air heating equipment and refrigeration equipment in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 333415 - Air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing

Companies mentioned:

  • United Technologies Corporation
  • Ingersoll-Rand US Trane Holdings Corporation
  • SPX Corporation
  • Emerson Climate Technologies
  • Goodman Manufacturing Company
  • Lennox International
  • Carrier Corporation
  • Rheem Manufacturing Company
  • Hussmann International
  • Modine Manufacturing Company
  • Tecumseh Products Company
  • Standex International Corporation
  • Amsted Industries Incorporated
  • Nortek Global Hvac
  • York International Corporation
  • Nortek
  • Evapco
  • SPX Cooling Technologies
  • Air System Components
  • Lennox Industries
  • Connell Limited Partnership
  • Nortek Air Solutions
  • Air Distribution Technologies
  • Trane
  • Goodman Global Holdings
  • Pi. US Holding
  • Thermo King Corporation
  • Goodman Global
  • Trane U.S.
  • The Trane Company
  • Chill Holdings

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
U.S. Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) Market. Analysis And Forecast to 2030
$599
Apr 10, 2024
Eye 1206

This report provides an in-depth analysis of the market for air-conditioning, air heating equipment and refrigeration equipment in the U.S..

U.S. Machine Tool Market. Analysis And Forecast to 2030
$599
Apr 12, 2024
Eye 1397

This report provides an in-depth analysis of the machine tool market in the U.S..

U.S. All other miscellaneous general purpose machinery Market. Analysis And Forecast to 2030
$599
Apr 1, 2024
Eye 347

This report provides an in-depth analysis of the market for all other miscellaneous general purpose machinery in the USA.
U.S. Scale And Balance Market. Analysis And Forecast to 2030
$599
Apr 1, 2024
Eye 778

This report provides an in-depth analysis of the scale and balance market in the U.S..

U.S. Sawmill, Woodworking, And Paper Machinery Market. Analysis And Forecast to 2030
$599
Apr 10, 2024
Eye 1023

This report provides an in-depth analysis of the market for sawmill, and paper machinery in the U.S..

U.S. Rolling Mill And Other Metalworking Machinery Market. Analysis And Forecast to 2030
$599
Apr 1, 2024
Eye 841

This report provides an in-depth analysis of the rolling mill market in the U.S..

U.S. Pump And Pumping Equipment Market. Analysis And Forecast to 2030
$599
Apr 12, 2024
Eye 1010

This report provides an in-depth analysis of the market for pump and pumping equipment in the U.S..

U.S. Printing Machinery And Equipment Market. Analysis And Forecast to 2030
$599
Apr 1, 2024
Eye 874

This report provides an in-depth analysis of the market for printing machinery and equipment in the U.S..

U.S. Power-Driven Handtool Market. Analysis And Forecast to 2030
$599
Apr 12, 2024
Eye 794

This report provides an in-depth analysis of the power-driven handtool market in the U.S..

U.S. Photographic And Photocopying Equipment Market. Analysis And Forecast to 2030
$599
Apr 1, 2024
Eye 621

This report provides an in-depth analysis of the market for photographic and photocopying equipment in the U.S..

Air Conditioning Market in the U.S. - Key Insights
Aug 13, 2019
Eye 539

The revenue of the market of air-conditioning, air heating equipment and refrigeration equipment (commercial and...
Aair Conditioning Market - U.S. Imports of Commercial and Industrial Air-Conditioning, Air Heating, and Refrigeration Equipment Have Softened Their Growth, while Mexico Became the Leading Supplier
Jun 22, 2016
Eye 1866

The U.S. is the leader in imports on the global air-conditioning, air heating and refrigeration equipment market, accounting for a X% share (based on USD). It was followed by Germany (X%) and China (X%). In 2015, U.S. imports of air-conditioning, air

June 2023 Sees 8% Growth in United States' Machine Tool Imports Reaching $735M
Sep 7, 2023
Eye 412

Machine Tool imports reached a significant value of $735M in June 2023.
U.S. Machine Tool Import Value Grows 10% to $784M in March 2023
May 7, 2023
Eye 1523

Machine Tool imports totaled $784M in March 2023
U.S. Machine Tool Market Peaked at $9.7B
Sep 22, 2017
Eye 2464

In 2016, the machine tool market increased by X% to X million USD, fluctuating considerably over the period under review.
Import of Scales and Balances in the United States Decreases to $942M in 2023
Apr 9, 2024
Eye 72

During the review period, Scale And Balance imports reached a peak in 2023 and are projected to continue growing. In terms of value, imports slightly decreased to $942M in 2023.
Significant Drop in U.S. Import of Scales and Balances to $77M in November 2023
Feb 9, 2024
Eye 137

In April 2023, the growth rate of Scale And Balance was exceptionally high, increasing by 30% compared to the previous month. The value of imports declined to $77M in November 2023.
Import of Scale and Balance in United States Sees Modest Increase to $87M in August 2023
Oct 25, 2023
Eye 213

In April 2023, the growth of Scale And Balance was at its most rapid, experiencing a month-to-month increase of 30%. By August 2023, the value of imports for Scale And Balance reached $87M.
Scale and Balance Price in United States Slumps 20%, Averaging $10.9 per kg
Jun 12, 2023
Eye 194

In April 2023, the scale and balance price stood at $10,884 per ton (CIF, US), with a decrease of -19.5% against the previous month.
The U.S. Remains a Net Importer of Scales and Balances, while China Strengthens Its Position as a Major Supplier
Jun 17, 2016
Eye 733

The U.S. takes first place in global imports of scales and balances, accounting for a X% share (based on USD). It was followed by China (X%), Germany (X%), and Japan (X%). In 2015, U.S. scale and balance imports totaled X
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings
Tuesday, February 22nd, 2022 @ 04:00 pm ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey

Buro Happold

IndexBox Inc.

EIT InnoEnergy

Ambient Energy, A Mead & Hunt Company

Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces
Tuesday, February 8th, 2022 @ 04:00 pm ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC

Radicle

IndexBox Inc.

NCX

Mpowa

Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices
Tuesday, January 25th, 2022 @ 04:00 pm ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG

JRP

IndexBox Inc.

SDXspace

JLL

Lynx Global Intelligence
Biogas Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 18th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global biogas market.

Centrica Energy Trading

Agromin

AFS Energy

IndexBox Inc.

Ecogen Brasil

Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 11th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global wind energy market.

IndexBox Inc.

MULTIPLIANCE

Grupo MAE Energías Renovables

Albanian Renewable Energy Association - AREA

CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 4th, 2021 @ 03:00 pm ET

Join our live webinar to get insights into the global solar energy market.

DLA Piper

IndexBox Inc.

MULTIPLIANCE

Suntuity

Grupo MAE Energías Renovables

Ørsted

Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook
Thursday, October 14th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global biomass market.

UNDP

IndexBox Inc.

Instituto Mexicano del Petróleo

Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook
Thursday, October 7th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC

IndexBox Inc.

Mid America Paper Recycling

Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook
Thursday, September 9th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company

World Bioenergy Association

IndexBox Inc.

Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook
Thursday, September 30th, 2021 @ 04:00 pm ET

Join our live webinar to get insights into the global lithium carbonate market.

Wood

EVShare

IndexBox Inc.

SPM
Free Data: Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) - United States
Table
Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) - United States - Table
Dashboard
Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) - United States - Dashboard
Report
Air-Conditioning, Air Heating Equipment And Refrigeration Equipment (Commercial And Industrial) - United States - Report