According to an article recently published in ACHR News, the prospects for next year look better than they have in a long time. They cite a recent survey sent to more than 1000 HVAC or manufacturers worldwide, where seventy percent of the respondents said they expected the economy to be better in 2013 than in 2012. Fifteen percent of the manufacturers said they expected a much better year while twenty-eight percent of respondents expected the economy to remain the same. Only three percent expected it to be worse than in 2012.
Commensurate with this outlook, eighty-six percent of HVACR manufacturers believe sales will increase next year, with thirty-five percent of respondents expecting sales increases of more than ten percent. Thirty-two percent forecasted sales increases between five to ten percent, and nineteen percent expected increases of less than five percent. Eleven percent of respondents believed sales would remain the same, while only three percent expected sales to decrease.
Forty-one percent of respondents said the residential sector would account for the strongest demand for new products, and demand was expected to be greatest in domestic (us) markets.
In line with this forecast, seventy-five percent of AHR Expo exhibitors said they will be introducing new products or services at the upcoming 2013 show which will be held in Dallas January 28-30. Forty-five thousand industry professionals are expected to attend, looking at products showcased by more than 1,800 manufacturers and suppliers from around the world. For more information on this exposition, please visit http://www.ahrexpo.com/.