BSRIA’s presentation will highlight the latest global trends and drivers for HVAC equipment, including intelligent buildings and homes, air conditioning and traditional heating products. The presentation will identify the global areas of growth and forecasts for the markets.

Associated Builders and Contractors (ABC) forecasts the U.S. commercial and industrial construction industries will continue their steady economic recovery in 2016.

Within the HVAC universe, pure-play manufacturers have led the market since January 2012 with a cumulative return of 173 percent. Diversified HVAC manufacturers and HVAC service and distribution stocks have also performed well, gaining 67 percent and 62 percent, respectively.

It seems many HVAC contractors are feeling positive about the year ahead, at least according to ACCA, which reported its January 2015 Contractor Comfort Index (CCI) scored a 74 — much higher than a year earlier when the CCI stood at 69. 

The latest report from Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) showed that average sales for HARDI distributor members increased 9.4 percent in November 2014, but that annualized growth through November was 6.9 percent, which is where it was throughout 2014. 

Year-to-date combined shipments of central air conditioners and air-source heat pumps increased 11.1 percent, and U.S. shipments of gas warm air furnaces increased 5.1 percent over the same period in 2013 (oil warm air furnaces increased 8 percent).