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All HVACR Product Segments show increase in the 1st Quarter of 2018

Mississauga, Ontario – All products showed increases in the shipment numbers in the 1st  Quarter of 2018  beginning with Chillers (32%) followed by Air Handler Units (24%), Residential Furnaces (16%), Ductless Split Systems (9%), Residential Air Conditioning (8%), Commercial Air Conditioning (4%) and Unit Heaters (2%)

The following chart provides specific data for each product; YTD Canadian shipments for select HVACR equipment ending the 1st quarter. An expansion factor has been included to compensate for the non–participating portion of the market.

HRAI16052018B

 The following chart shows the quarterly residential market comparison which denotes the percentage change in residential product shipments between this quarter and the same quarter last year.

Quarterly Residential Market Comparison

 

2017

2018

%Chg

Quarterly Res. Market Comparison

Residential Air Conditioning

41188

44616

8%

2017

106,790

 

 

Residential Furnace

65602

76105

16%

2018

120,721

11.54%

Change

 NOTE:  Minor adjustments have been made to 1st quarter 2017 and Year-to-date for Residential Furnace shipment totals.

“Residential air conditioning” means ducted split system air conditioning and heat pumps up to 5 tons; “ductless splits” means heat pumps and conditioning condensing units (cooling only); “commercial air conditioning” means rooftops (combination heat/cool), packaged cooling and packaged heat pumps; “furnace” means residential forced air furnaces of all types (gas, oil, electric and combination);  “chillers” include large tonnage liquid, reciprocating liquid and absorption chillers; “unit heater” means self-contained automatically controlled vented units limited to heating of non-residential space and also includes duct furnaces; “air handling unit” means a device used to condition and circulate air containing a blower, filter, sound attenuators and dampers.

For more information contact Caroline Czajko at cczajko@hrai.ca or 905-602-4700 ext. 234.