AnythingResearch - Industry Analysis and Market Research Reports
Better Data, Better Decisions

2018 Market Analysis & Industry Outlook: HVAC & Plumbing Contractors

Overview: the U.S. HVAC & Plumbing Contractors Industry

This report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the HVAC & Plumbing Contractors industry, comprised of total revenues of both public and private companies over the last five years (2012-2017) and current year estimates.

What is the industry outlook?

The industry Outlook and Forecasts show how the HVAC & Plumbing Contractors industry is heading over the next five years (2018-2022). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for HVAC & Plumbing Contractors, year-by-year from 2012-2017.

Are long-term forecasts positive or negative?

Forecasts for 2018-2022 for the industry show the future growth and market opportunity for HVAC & Plumbing Contractors companies.

"Each such location operates in its own competitive environment..."
What is the average company size in the industry?

The average number of employees and average revenue for a typical HVAC & Plumbing Contractors company is charted over time for 2012-2017.

How many companies are in the industry?

Track how many companies compete in the HVAC & Plumbing Contractors industry, and how the number of companies has changed over the past five years.

Market Size & Industry Statistics

The total U.S. industry market size for HVAC & Plumbing Contractors: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Construction Services Breakdown

The following products and services account for the largest source of revenues in the HVAC & Plumbing Contractors industry. Note that there are multiple levels of classification, so some line items are contained within other lines.

Type of Construction Total Sales ($ millions) New Construction ($ millions) Additions, Alterations, and Reconstruction ($ millions) Maintenance & Repair ($ millions)



Building construction, total


Single-family houses, detached and attached


Single-family houses, detached


Single-family houses, attached


Apartment buildings (2 or more units), such as rentals, apartment type condominiums and cooperatives


Dormitories and barracks


Manufacturing and industrial warehouses


Other manufacturing and light industrial buildings, such as factories, assembly plants, and industrial research laboratories


Hotels, motels, and tourist cabins


Office buildings


Stores, restaurants, automobile service stations, parking garages, and other commercial buildings


Commercial warehouses such as distribution buildings and mini-storage


Religious buildings


Educational buildings


Health care and institutional buildings


Public safety buildings such as prisons, police, and fire stations


Farm buildings, nonresidential


Amusement, social, and recreational buildings


Other building construction


Nonbuilding construction, total


Sewers, water mains, and related facilities


Sewers, sewer lines, septic systems, and related facilities


Water mains, storage, wells, and related facilities


Oil and gas pipelines, pumping stations, storage tanks, and mains


Power and communication transmission lines, cables, towers, and related facilities


Power plants


Power and cogeneration plants, except hydroelectric


Power plants, hydroelectric


Chemical (except petrochemical) complexes/plants, blast furnaces, and mining appurtenances


Sewage and water treatment plants


Petrochemical plants and petroleum refineries


Outdoor recreational areas, such as outdoor athletic fields, courts, golf courses, and camp grounds


Other nonbuilding construction


U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a HVAC & Plumbing Contractors company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the HVAC & Plumbing Contractors industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on HVAC & Plumbing Contractors measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

Order at top of page
Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 13%
Construction and Extraction Occupations 48%
Construction Trades Workers 40%
Pipelayers, Plumbers, Pipefitters, and Steamfitters 29%
Plumbers, Pipefitters, and Steamfitters 29%
Sheet Metal Workers 7%
Sheet Metal Workers 7%
Installation, Maintenance, and Repair Occupations 25%
Other Installation, Maintenance, and Repair Occupations 23%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers 20%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers 20%
Source: Bureau of Labor Statistics

HVAC & Plumbing Contractors Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Comfort Systems Usa trademarks "EAS" - Mechanical contractor services; contractor services - 04/27/2018
  • F.H. Furr Plumbing Heating Air Conditioning trademarks "GET A PLUMBER IN YOUR HOME FOR FREE" - Plumbing services - 04/21/2018
  • Mars Air Systems trademarks "MARS UVC" - Sanitizing apparatus using ultraviolet light for sanitizing air not for medical purposes; Ultraviolet ray lamps, not for medical purposes - 04/19/2018
  • Banyan Water raises $3 million in funding. - 04/13/2018
  • Solarcity patents Smart Main Electrical Panel For Energy Generation Systems - 02/22/2018
  • 7ac Technologies patents Methods And Systems For Turbulent, Corrosion Resistant Heat Exchangers - 02/22/2018
  • Mars Air Systems patents Intelligent Climate Management System Control Systems And Methods - 01/25/2018
  • Entouch Controls raises $5 million in funding. - 10/25/2017
  • 7ac Technologies raises $1 million in funding. - 07/11/2016

  • Top Innovators

    CompanyInnovation Score
    Saylite LLC Dba Mobern Lighting129
    White Ops44
    7ac Technologies24

    Additional companies, details and innovation scoring in the full report.

    Government Contracts

    In 2016, the federal government spent a total of $859,262,445 on HVAC & Plumbing Contractors. It has awarded 9,041 contracts to 2,350 companies, with an average value of $365,644 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Snow melting system (e.g., hot water, glycol) installation, Air vent installation, Warm air heating system installation, Pipe fitting contractors, Lawn sprinkler system installation, Radiant floor heating equipment installation, Furnace humidifier installation, Heating, ventilation and air-conditioning (HVAC) contractors, Solar heating equipment installation, Central heating equipment and piping installation, Sanitary ware installation, Industrial process piping installation, Furnace conversion (i.e., from one fuel to another), Commercial refrigeration system installation, Household oil storage tank installation, Mechanical contractors, Gas line installation, individual hookup, contractors, Blower or fan, cooling and dry heating, installation, Furnace, forced air, Heat pump installation, Hydronic heating system installation, Sewer hook-up and connection, building, Sprinkler system, Heating boiler installation, Exhaust system (e.g., kitchens, industrial work areas) installation, Dust collecting and bag house equipment installation, Steam fitting contractors, Air-conditioning system (except window) installation, Fireplace, natural gas, Hot water tank installation, Cooling tower installation, Commercial freezer installation, Boiler chipping, cleaning and scaling, Ventilating contractors, Scrubber, air purification, Pumping system, water, Dry heating equipment installation, Drain, waste and vent system installation, Gas fitting contractor, Plumbing contractors, Boiler, heating, Refrigeration system (e.g., commercial, industrial, scientific) installation, Drinking fountain installation, Kitchen sink and hardware installation, Fire sprinkler system installation, Plumbing and heating contractors, Warehouse refrigeration system installation, Oil burner installation, Water meter installation, Central air-conditioning equipment installation, Heating and cooling duct work installation, HVAC (heating, ventilation and air-conditioning) contractors, Water system balancing and testing contractors, Heating equipment installation, Water softener installation, Duct work (e.g., cooling, dust collection, exhaust, ventilation) installation, Fuel oil burner installation, Chilled water system installation, Natural gas piping installation, Central cooling equipment and piping installation, Process piping installation, Bathroom plumbing fixture and sanitary ware installation, Furnace installation, Air system balancing and testing, Hot water heating system installation, Heating and ventilation system component (e.g., air registers, diffusers, filters, grilles, sound attenuators) installation, Sump pump installation, Plumbing fixture installation, Water heater installation, Plumbers, Heating contractors, Sheet metal duct work installation, Chimney liner installation, etc.

    Related Reports

    Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.

    Industries Related to HVAC & Plumbing Contractors

    Plumbing, Heating & Air-Conditioning Contractors