Thanks to the prevalent use of online search engines like Google, consumers everywhere are becoming more educated on the products they buy, and HVAC systems are no exception.
With the growing interest in smart home products, if HVAC contractors want to cash in on new opportunities, they’ll have to compete with security contractors, cable providers, utilities, and even big box stores. However, many industry experts say this market presents countless opportunities for HVAC contractors, who are better positioned than most simply because they are already in the home and have the consumers’ trust.
Chillers, much like the rest of the HVAC world, have seen a push to increase operational efficiency. These increasingly energy-efficient products, along with the need to replace aged units, have steadily driven growth in the chiller market. In fact, the global chiller market is projected to reach $11.33 billion by 2022.
The HVAC industry is often influenced by the economy and how well the new construction and service and replacement markets are doing. However, there is another growing sector within the industry: the HVAC rental market.
There have been numerous studies that have shown regular maintenance extends the life of HVAC equipment, and chillers are no exception to that rule. But unfortunately, many building owners and facility managers defer maintenance due to budgetary constraints or other reasons, which can lead to performance issues later down the road.
HVAC, plumbing, and electrical service contractors let the good times roll as they descended upon The Big Easy — also known as New Orleans — in April for Service Roundtable’s 2018 Spring International Roundtable event. Contractors were met with riveting keynote speakers, powerful breakout sessions, and interesting new products and services from Roundtable Rewards Partners.