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



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.
How to use IPD; 2017 Commissioning Giants; CFDs and harmonic mitigation; Eight steps to determine plumbing system requirements
2017 MEP Giants; Mergers and acquisitions report; ASHRAE 62.1; LEED v4 updates and tips; Understanding overcurrent protection
Integrating electrical and HVAC for energy efficiency; Mixed-use buildings; ASHRAE 90.4; Wireless fire alarms assessment and challenges
Power system design for high-performance buildings; mitigating arc flash hazards
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
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.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
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.
How to use IPD; 2017 Commissioning Giants; CFDs and harmonic mitigation; Eight steps to determine plumbing system requirements
2017 MEP Giants; Mergers and acquisitions report; ASHRAE 62.1; LEED v4 updates and tips; Understanding overcurrent protection
Integrating electrical and HVAC for energy efficiency; Mixed-use buildings; ASHRAE 90.4; Wireless fire alarms assessment and challenges
Power system design for high-performance buildings; mitigating arc flash hazards
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
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.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me