The 2014 HVAC forecast: Warmth and growth

As AHR Expo approaches, industry optimism is high

12/13/2013


According to a poll of 1,000 industry leaders, the Hospitals/Healthcare and Light Commercial market segments look to be the most promising heading into 2014. Courtesy: AHR ExpoWhile the weather forecast outside for the 2014 AHR Expo in New York City next month can be unpredictable, the forecast for the industry that will meet inside at the Javits Center is decidedly more positive.

A poll of HVAC industry leaders ahead of this year’s event, slated for January 21-23, shows not just a growing optimism for the coming year, but a decided lack of pessimism. The survey of the 1,000 industry leaders found 79% expected a good or excellent business climate in the coming year. The remaining 21% rated the prospects fair. A year ago, only 70% were optimistic about the coming year, and 3% expected a decline in the economy.

That optimism is reflected in a bullish sales forecast as well. The survey found 90% of respondents expected sales to increase in 2014, and 32% saw growth of more than 10%. The biggest growth markets are expected to be in the healthcare, commercial and data center markets. A total of 58% of respondents ranked heavy commercial business a promising growth market, while 53% saw manufacturing as a strong growth market.

While reliability and installed costs are seen as key issues for all segments of the industry, energy management is a growing market trend. That is reflected in the exhibitor offerings at this year’s Expo. More than two-thirds of attendees will introduce new products at this year’s AHR Expo, and 54% expect to debut energy-efficient products.

“Reducing energy usage for our customers is one of our most important goals,” said Michael O’Neil of Armstrong Fluid Technology, in an AHR press release. “We will be introducing some very innovative energy-saving products and solutions at AHR Expo that are designed to significantly reduce our customers’ carbon footprint.”

“With nearly 2,000 exhibiting companies from around the world showcasing hundreds of new products, there is no better resource attendees can use to find the solutions they seek,” added Clay Stevens, president of International Exposition Company, which produces and manages the AHR Expo.

2014 AHR Expo

Dates: January 21-23, 2014

Location: Javits Center, New York City

Exhibitors: More than 1,800 HVAC companies are scheduled to exhibit at the 66th annual event

Website: www.ahrexpo.com



No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
High-performance buildings; Building envelope and integration; Electrical, HVAC system integration; Smoke control systems; Using BAS for M&V
Pressure piping systems: Designing with ASME; Lab ventilation; Lighting controls; Reduce energy use with VFDs
Smoke control: Designing for proper ventilation; Smart Grid Standard 201P; Commissioning HVAC systems; Boilers and boiler systems
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Consulting-Specifying Engineer case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Protecting standby generators for mission critical facilities; Selecting energy-efficient transformers; Integrating power monitoring systems; Mitigating harmonics in electrical systems
Commissioning electrical systems in mission critical facilities; Anticipating the Smart Grid; Mitigating arc flash hazards in medium-voltage switchgear; Comparing generator sizing software
Integrating BAS, electrical systems; Electrical system flexibility; Hospital electrical distribution; Electrical system grounding
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.