Global and US HVAC Market Analysis and Forecast 2018-2019
2017 was another solid year for the HVAC industry, with an ongoing recovery continuing to generate solid MSD type levels of growth in residential with low to MSD growth in commercial. While both cycles are getting longer, we are somewhat more balanced around risks to the upside and downside. We see another few years of above average normalized growth in residential (MSD) as the tailwinds from the housing echo replacement boom are likely at least partially real and pent-up demand...
View full press release